This is an outdated version published on 2026-04-28. Read the most recent version.

Effects of the COVID-19 pandemic on the sustainability-oriented business model of industrial companies

Authors

DOI:

https://doi.org/10.18046/j.estger.2025.174.6849

Keywords:

business model, COVID-19 pandemic, sustainability, industry

Abstract

This study aimed to analyze the differences regarding changes in sustainability-oriented business models of Brazilian and Portuguese industrial companies due to the COVID-19 pandemic. This is a descriptive study with a quantitative approach. Data were collected from Brazilian and Portuguese industrial companies using a survey; univariate and bivariate statistics were used for data analysis. Our findings revealed that a higher proportion of Brazilian companies (44.3%) underwent a business model change compared to Portuguese companies (26.4%). The financial model and customer relationship elements underwent the most changes to the business model due to pandemic, and companies that changed their business models have sustainability embedded in their value proposition and their relationship with customers is sustainability oriented.

Downloads

Download data is not yet available.

Author Biographies

  • Rodrigo Reis Favarin , Universidad Franciscana

     

     

  • Greice Eccel Pontelli, Federal University of Santa Maria

     

     

     

  • Luísa Margarida Cagica Carvalho, Polytechnic Institute of Setúbal

     

     

  • Roberto Schoproni Bichueti, Federal University of Santa Maria

     

     

Downloads

Published

2025-06-20 — Updated on 2026-04-28

Versions

Issue

Vol. 41 No. 174 Ene - Mar 2025

Section

Research articles

License

Copyright (c) 2025 Estudios Gerenciales

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Articles are the sole responsibility of their authors, and will not compromise Icesi’s University principles or policies nor those of the Editorial Board of the journal Estudios Gerenciales. Authors authorize and accept the transfer of all rights to the journal, both for its print and electronic publication. After an article is published, it may be reproduced without previous permission of the author or the journal but the author(s), year, title, volume, number and range of pages of the publication must be mentioned. In addition, Estudios Gerenciales must be mentioned as the source (please, refrain from using Revista Estudios Gerenciales).

How to Cite

Effects of the COVID-19 pandemic on the sustainability-oriented business model of industrial companies. (2026). Estudios Gerenciales, 41(174), 27-37. https://doi.org/10.18046/j.estger.2025.174.6849 (Original work published 2025)