2019
DOI: 10.1108/jmtm-02-2018-0061
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Managerial practices for designing circular economy business models

Abstract: Purpose The purpose of this paper is to investigate the managerial practices that companies can implement in order to design a circular economy business model and how companies can create and capture value from a circular economy business model. Design/methodology/approach The paper adopts a single case study methodology with semi-structured interviews and company, supplier, and manufacturing site visits, conducted in a small-to-medium-size Italian company operating in the office supply industry. Findings … Show more

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Cited by 188 publications
(122 citation statements)
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References 115 publications
(236 reference statements)
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“…While the importance of sustainability is accepted both by academia and practitioners, the strategic implementation of sustainable business models in companies remains unclear, with researchers and practitioners struggling to propose solutions for different settings [15][16][17][18][19]. Implementing sustainability in companies on a global scale requires reliance on a holistic view, such as the shared value theory [5], which puts forward stakeholder concerns, shifting the priorities of the companies, which are now also starting to build their core business accounting for sustainability [13].…”
Section: Sustainable Business Modelsmentioning
confidence: 99%
“…While the importance of sustainability is accepted both by academia and practitioners, the strategic implementation of sustainable business models in companies remains unclear, with researchers and practitioners struggling to propose solutions for different settings [15][16][17][18][19]. Implementing sustainability in companies on a global scale requires reliance on a holistic view, such as the shared value theory [5], which puts forward stakeholder concerns, shifting the priorities of the companies, which are now also starting to build their core business accounting for sustainability [13].…”
Section: Sustainable Business Modelsmentioning
confidence: 99%
“…In particular, the importance of designing products in a cascade way, by looking at all the possible interactions among components, is an important pillar for Company A that developed Product A2, which is one of the best examples of successful design of beverage packaging. Indeed, this innovative product is based on the idea of being able to enter a recycling cascade before returning to the source, not as waste but as a resource [10,11]. The launch of this project has been guided mainly by two reasons.…”
Section: Product B1mentioning
confidence: 99%
“…In particular, the set of managerial practices that companies should adopt to implement the CE paradigm and to define circular business models still deserves attention [10,11]. A circular business model can be defined as the way an organisation creates, delivers and captures value with and within closed material loops and chains [12].…”
Section: Introductionmentioning
confidence: 99%
“…A business model perspective is valuable as it inherently focuses on key underlying dimensions of the creation, delivery, and capture of value that are required to take a new bio-based technology from early innovation to full-scale commercialization. Although studies increasingly recognize business-model-related activities to be missing pieces of the puzzle in achieving the benefits of circular business models, none of the prior studies provide an overview of these activities [12][13][14][15]. Specifically, the insights from business models related to the bio-economy are unique and currently not fully mapped out.…”
Section: Introductionmentioning
confidence: 99%