Abstract
Despite growing attention from companies and regulators looking to eradicate modern slavery, we know little about how slavery works from a business perspective. We address this gap by empirically examining innovations in the business models of modern slavery, focusing on how the business models of slavery in advanced economies have evolved since slavery was legally abolished. While continuities exist, novel business models have emerged based on new actors, activities, and linkages. We categorize these as four innovative models per actors involved (producer/intermediary) and how value is created and captured (revenue generation/cost reduction), and discuss implications for research, policy, and practice.
| Original language | English |
|---|---|
| Pages (from-to) | 264-285 |
| Number of pages | 22 |
| Journal | Journal of Management Inquiry |
| Volume | 31 |
| Issue number | 3 |
| Early online date | 25 Feb 2021 |
| DOIs | |
| Publication status | Published - 1 Jul 2022 |
Bibliographical note
Funding Information:The author(s) disclosed receipt of the following financial support for the research, authorship, and/or publication of this article: The authors benefited from funding from the Joseph Rowntree Foundation [Grant Number 11663] and the UK Economic and Social Research Council [Grant Number ES/N001192/1] supporting this research. The third author’s contribution to this research benefited from funding from the Social Sciences and Humanities Research Council of Canada [Vanier CGS].
Keywords
- business model innovation
- business models
- forced labor
- modern slavery
ASJC Scopus subject areas
- General Business,Management and Accounting
- Strategy and Management
- Management of Technology and Innovation
