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There has been no evidence that economic activity can be sufficiently decoupled from environmental impacts to a degree that would allow for sustainable economic growth. This article offers an overview and synthesis of key findings in the emerging postgrowth business literature. Using institutional analysis, it develops a framework that conceptually ties together five dimensions of business that have been identified as most important for postgrowth transformations. The intention of developing this five-dimensions framework is to offer a more coherent and concrete theoretical basis for ongoing discussions about which types of business are compatible, or incompatible, with post-growth pathways.