Circular economy ecosystems: a typology, definitions, and implications

Aarikka‐Stenroos, Leena; Ritala, Paavo; Thomas, Llewellyn D W

doi:10.4337/9781789906035.00024

Cited by 58 publications

(48 citation statements)

References 66 publications

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“…With reference to this, among the several contributions provided with reference to the relevant role of collaboration among multiple stakeholders for ensuring the success of CE approach ( [1]) and the need for a multi-and trans-disciplinary framework able to ensure a combination among different (and sometimes) divergent perspectives ([37]), [47] have identified 'six pillars' on which found an holistic approach able to ensure the synergies required by CE logic: 1] Governmental dimension; 2] Economic dimension; 3] Environmental dimension; 4] Behavioural dimensions; 5] Societal dimensions; and 6] Technological dimensions.…”

Section: The Contribution Of Circular Economy For Promoting Actors' E...mentioning

confidence: 99%

Citizens’ engagement in smart cities for promoting circular economy. A Knowledge based framework

et al. 2023

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Smart Cities can be considered as one of the most challenging topics within the last decades. Overcoming the well analysed debate about the digital devices and infrastructures needed for supporting the emergence and viability of Smart Cities, the paper aims at investigating how citizens’ engagement in Smart Cities can be used for promoting positive attitudes and behaviours towards Cities Circular Economy (CCE). Building upon a managerial perspective the paper aims at depicting preliminary conceptual reflections about antecedents and conditions able to influence citizens’ engagement in Smart Cities functioning. The paper proposes a Knowledge Management based framework for supporting both policy makers and managers in better understanding on which levels to act for ensuring a participative approach to the definition of a Circular Economy Logic in Smart Cities ecosystems.

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Section: The Contribution Of Circular Economy For Promoting Actors' E...mentioning

confidence: 99%

Citizens’ engagement in smart cities for promoting circular economy. A Knowledge based framework

et al. 2023

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“…Sustainability fundamentally challenges incumbents' conventional operations because it requires the development of new knowledge and the unlearning of old business practices (Mousavi & Bossink, 2017; Shrivastava & Scott, 1992; Siebenhüner & Arnold, 2007). Renewal for sustainability has been found to require incumbents to redesign their business model and value creation (Hofmann & Jaeger‐Erben, 2020; Ranta et al, 2020), business and technical operations (Albino et al, 2009; Shrivastava & Scott, 1992), as well as stakeholder relationships, networks, and business ecosystems (Aarikka‐Stenroos et al, 2021; Kaipainen & Aarikka‐Stenroos, 2021). In practice, incumbents often attempt renewal through incremental innovations and circular extensions to their linear business models, such as the usage of recycled materials, extended product lifecycles, and improved waste management (Rovanto & Bask, 2020; Schaltegger & Wagner, 2011).…”

Section: Theoretical Backgroundmentioning

confidence: 99%

How to renew business strategy to achieve sustainability and circularity? A process model of strategic development in incumbent technology companies

Kaipainen

Aarikka‐Stenroos

2022

Bus Strat Env

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Strategic development to promote sustainability and circularity challenges incumbents to fundamentally renew their way of doing business. However, the management of this type of strategic development process, that is, strategic renewal aiming at achieving sustainability, remains largely unknown. Therefore, we investigated what constitutes incumbents' strategic renewal aimed at achieving sustainability and how to manage each stage of this process. We conducted a single-case study of the incumbent tech company, Neste Oyj, which is renewing from a fossil-based business to a sustainable and circular business. We analyzed multisourced interview-and document-based data collected from a 25-year longitudinal case study by applying a processual approach and the critical incident technique. We proposed an empirically based process model of business strategy renewal comprising five stages, each of which follows the subprocesses of strategic formulation, implementation, and evaluation. The findings and the process model extend the theoretical understanding of incumbents' business strategy development to achieve sustainability and circularity. The proposed model will enable managers to understand what management issues to focus on and what actions are needed at each stage of the strategic renewal process.

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“…For instance, reverse resource allows the sharing of data between buyer and manufacturers to make factory offcuts, which ultimately not only leads to profitable production, but help in efficient recycling, without altering the exterior appearance [1]. While a business ecosystem represents a cluster of interdependent firms and individuals connected through a complex network, a datadriven approach to the ecosystem can introduce a set of additional lenses to configure role of firms in the ecosystem and provide a holistic and cluster specific perspectives of interrelated insights and flow of resources [9]. A recent study by Leibniz Information Center for Economics has shown the increasing potential of sustainability with the use of digital networks [18].…”

Section: Data-driven Ecosystem For Circular Fashionmentioning

confidence: 99%

“…Business ecosystems are at the heart of the transition towards CE since no company can achieve CE goals alone, especially in the case of processes of large volume of materials such as in the textile industry. According to Aarikka-Stenroos, et al [9], CE ecosystems focus on "the flow of materials and energy, the flow of knowledge, and the flow of economic value". In textile and fashion industry, there are huge numbers of material suppliers, manufacturing bands, retailers, distributors, etc., as such sharing precise and real-time data on different flows of CE ecosystem plays a key role to increase transparency of all the processes within the ecosystem [10].…”

Section: Introductionmentioning

confidence: 99%

Smart Fashion Economy through a Data-Driven Circular Ecosystem: A Case Study

Ghoreishi

Bhandari

Franconi

2022

IOP Conf. Ser.: Earth Environ. Sci.

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While Circular Economy (CE) strategies have been discussed as solutions for negative environmental impacts, companies are facing various challenges in applying CE strategies and redefining their business models. Recent research articulates that to achieve the CE goals, businesses should collaborate with each other within an ecosystem in which values are equally captured among all the stakeholders by governing and managing data flows. In this ecosystem, all the actors and stakeholders can share data, information and solutions regarding to CE to help each other through the path and co-create CE values. Regardless of the transition towards CE, fashion and textile industry is still following the linear economy model (take, make, use, dispose), where only less than 1% of the recycled clothes get back to use cycle. For textile and fashion industry, data plays a key role in providing transparent flow of information on product’s lifecycle, from circular material resources and design all the way to the recycling and waste management. In this regard, a data-driven ecosystem in which various stakeholders can access the source of right data, can ensure the success of circularity of the entire supply chain. A data-driven strategy can help to engage and train all organizations to build a data-literacy ecosystem towards a common goal. The purpose of this paper is to identify the important role of a data-driven CE ecosystem in fashion industry within the case study of the circularity. ID® a solution developed by-circular fashion.

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Circular economy ecosystems: a typology, definitions, and implications

Cited by 58 publications

References 66 publications

Citizens’ engagement in smart cities for promoting circular economy. A Knowledge based framework

Citizens’ engagement in smart cities for promoting circular economy. A Knowledge based framework

How to renew business strategy to achieve sustainability and circularity? A process model of strategic development in incumbent technology companies

Smart Fashion Economy through a Data-Driven Circular Ecosystem: A Case Study

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