Investigating Circular Business Model Innovation through Keywords Analysis

Bigliardi, Barbara; Filippelli, Serena

doi:10.3390/su13095036

Cited by 39 publications

(46 citation statements)

References 82 publications

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“…This study offers a theoretical contribution by connecting the research streams of OI and CE and by adding new insights to the CE research. Previous studies have often indicated the importance of involving external stakeholders in circular innovation [17,19], but they scarcely discuss OCI in detail [41]. This research provides three new insights to the CE literature: first, it gives a comprehensive overview of the current status quo of circular innovation and its influencing factors.…”

Section: Discussionmentioning

confidence: 86%

“…CE literature points at the importance of applying open innovation approaches in circular innovation [17,18] but neither provides a model for OCI nor discusses the characteristics of OCI in detail. Various authors acknowledge the significance of multiple stakeholder engagement in circular innovation management [17][18][19]. To develop circular solutions, they propose co-creations with the supply chain, especially customers, suppliers, and distributors [17,[36][37][38]85].…”

Section: Open Innovation Approaches For a Circular Economymentioning

confidence: 99%

“…Correspondingly, the innovation literature addresses stakeholder collaboration in the context of open innovation (OI), a concept involving stakeholders from inside and outside a company in the innovation process [15,16]. As circular solutions are strongly interconnected with a wide network of external organizations and institutions [2], stakeholder involvement is considered as especially relevant for circular innovation management [17][18][19]. The CE implies a new way of thinking and substantially changes current business models such that CE-specific approaches will be required to develop circular innovations.…”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Open Circular Innovation: How Companies Can Develop Circular Innovations in Collaboration with Stakeholders

2021

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A transition toward the circular economy (CE) will be key to addressing future environmental and economic challenges, such as environmental pollution and resource scarcity. However, when introducing circular solutions, companies often face complex and disruptive changes that affect many stakeholders and require new innovation practices. This study investigates open circular innovation by analyzing the status quo of circular innovation, discussing the relevance and role of different stakeholders, and examining approaches for open circular innovation processes. The study employs a qualitative research design, including 14 in-depth interviews with CE and innovation experts. The findings indicate that companies currently focus on closed innovation approaches or collaborate with only one stakeholder at a time when developing circular innovations. Stakeholder groups, such as customers, suppliers, and academia, play a crucial role in the innovation process, whereas direct collaborations with governments and competitors are seen controversially. An open innovation network approach combined with crowdsourcing is regarded as the most promising for developing circular solutions. This study contributes to connecting open innovation with CE research and provides new knowledge at this interface. Additionally, this research gives managers guidance on how to approach open circular innovation and thus supports companies on their way toward a CE.

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Section: Discussionmentioning

confidence: 86%

Section: Open Innovation Approaches For a Circular Economymentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Open Circular Innovation: How Companies Can Develop Circular Innovations in Collaboration with Stakeholders

2021

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“…Further CE models and indicative examples are detailed in [3]. The survey in [5] examines the maturity of the most recent proposals (during 2019-2020). The enhanced collaborations between the involved entities in a CE lifecycle is considered of great importance, both for businesses that want to make the transition to circular operational models as well as for start-ups that are building their circular model from scratch [5].…”

Section: Introductionmentioning

confidence: 99%

“…The transformation of the traditional market into a service-oriented setting is now a fact. The integration of CE and IoT further promotes such data-driven service-oriented architectures (SoA) [5][6][7].…”

Section: Introductionmentioning

confidence: 99%

The Green Blockchains of Circular Economy

Hatzivasilis

Ioannidis

Fysarakis³

et al. 2021

Electronics

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Eco-friendly systems are necessitated nowadays, as the global consumption is increasing. A data-driven aspect is prominent, involving the Internet of Things (IoT) as the main enabler of a Circular Economy (CE). Henceforth, IoT equipment records the system’s functionality, with machine learning (ML) optimizing green computing operations. Entities exchange and reuse CE assets. Transparency is vital as the beneficiaries must track the assets’ history. This article proposes a framework where blockchaining administrates the cooperative vision of CE-IoT. For the core operation, the blockchain ledger records the changes in the assets’ states via smart contracts that implement the CE business logic and are lightweight, complying with the IoT requirements. Moreover, a federated learning approach is proposed, where computationally intensive ML tasks are distributed via a second contract type. Thus, “green-miners” devote their resources not only for making money, but also for optimizing operations of real-systems, which results in actual resource savings.

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Open strategy and dynamic capabilities: A framework for circular economy business models research

2023

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The circular economy has attracted the interest of business leaders, policy makers and academics alike for its potential to contribute to a more resilient, prosperous and resource‐efficient economy. The transition towards a circular economy requires new business models that challenge the linear logic of value creation that is still endemic across most industries. In turn, the transition from linear to circular business models involves the rethinking of strategic decision‐making processes and the development of new organisational capabilities. This paper addresses these important strategic implications of the emergence and implementation of circular business models. Coupling business models with open strategy and dynamic capabilities, we develop a “three‐pronged” strategy framework that advances the emerging field of circular business model research. Our contribution is crystallised into a series of propositions and future research questions for scholars working at the intersection of the circular economy and the strategy literature.

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Investigating Circular Business Model Innovation through Keywords Analysis

Cited by 39 publications

References 82 publications

Open Circular Innovation: How Companies Can Develop Circular Innovations in Collaboration with Stakeholders

Open Circular Innovation: How Companies Can Develop Circular Innovations in Collaboration with Stakeholders

The Green Blockchains of Circular Economy

Open strategy and dynamic capabilities: A framework for circular economy business models research

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