  Sustainable innovation requires in-time development, diversification and
transformation of business models from one to another. Business model
innovation, development and transformation for sustainability incorporates
economic, environmental and social value by advancing the management of the
stakeholders into the business model. Except a little research on business
model inter-dependencies, scant research has been done on stakeholders
inter-dependencies in order to understand their nature and relationship while
developing or transforming a business model and creating an impact on
environment, society and economy. Therefore, current research uses actor
dependency model to analyze four different kind of inter-dependencies, namely,
goal-dependency, task-dependency, resource-dependency and soft-goal dependency.
The ecology of business model experimentation map is used as a tool for
practical understanding of sustainable business modelling with a multi-actor
approach in a workshop setting. The findings will help to understand how
stakeholders depend on each other while developing a business model for
sustainability and innovation.
