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Sustainable Business Model Innovation

  • Duration: March-June
  • Spring semester , Exchange student
  • ECTS 7,5 ECTS
  • Application period Application deadline: 15 October

Sustainable Business Model Innovation (INN3024) is a 7,5 ECTS course in the spring semester on Master level. A home exam finalizes the course. The course is only open to exchange students from our partner institutions. 

To view possible course combinations, view "About the course".

About the course

Contemporary business organizations face the dual expectations of being profitable while at the same time, being responsible. Achieving sustainable performance is challenging from an organizational point of view, and it implies aligning or balancing the pursuit of profitability with social and environmental goal attainment.

Business organizations are based either explicitly or implicitly on a business model. The business model specifies how the company creates, delivers and captures value. The purpose of this course is to illuminate how business organizations can design sustainable business models, i.e. business models that align and integrate the company’s economic, social and environmental goal attainment in its strategy and core activities. This implies enhancing the company’s positive externalities and minimizing its negative externalities, in a way that enhances the perceived value of the company’s offerings to customers and other key stakeholders. Thus, firms may enhance financial performance while creating value for a broader set of stakeholders.

The course aims to equip students with the ability to design and innovate sustainable strategies and business models. The course builds on analyses of business models and corporate responsibility through case studies of Norwegian and international companies. The course sheds light on the design and innovation of responsible business models. The relationship between responsibility and profitability has traditionally been viewed as a “trade-off”. This course aims to equip students with an understanding of how companies can move beyond this trade-off by designing sustainable business models that align financial, social and environmental performance.


Possible course combinations

It is not possible to combine the course with other courses.

Important information

Plans for a new and additional 7,5 ECTS masters course for spring 2022 is currently underway. 


Course schedule

The course schedule will be published after:

  • 01 December for the following spring semester


Course material

To view the course material for INN3024 Sustainable Business Model Innovation, please search here. Do notice that the overview might not be available until a few weeks before the official semester start.

Practical information


On-campus housing is eligible for students applying for a full semester/academic year.

General information on accommodation at Campus Lillehammer

You will learn this


  • The candidate have knowledge of a set of concepts, theories and frameworks about business models and corporate responsibility and the relationship between them.
  • The candidate understand trade-offs between responsibility and profitability, as well as situations wherein the two objectives can be aligned.


  • The candidate can analyze business organizations from the perspectives of business model design and corporate responsibility
  • The candidate can use relevant frameworks to understand central mechanisms and practices that promote or hinder financial, social and environmental goal attainment.
  • The candidate can recognize issues that constitute responsibility-related problems for business organizations, and how they relate to stakeholder interests.
  • The candidate can recognize factors that promote the need for business model innovation, and the mechanisms associated with such innovations.


  • The candidate can analyze relevant academic and practical/professional problems related to responsibility and profitability.
  • The candidate can identify and manage issues where profitability and responsibility are at stake.
  • The candidate can apply his/her knowledge and skills in new areas in order to carry out advanced assignments and projects.



Studiepoeng År 1

What does it cost?

Free for exchange students

Study start information

An Orientation Week is arranged in the first week of the spring semester. The first lectures of the course are expected to begin after 15 March, during part 2 of the spring semester. Exchange students need to combine this course with a course(s) beginning in January. 

Would you like to apply?

The course is available only for students coming from our partner institutions. Contact the International Coordinator at your home institution to find out if you are eligible for exchange studies at Inland Norway University of Applied Sciences (INN University). Please notice that applications can be submitted for one campus only.

Application procedure and documents

Any questions?