Value Creation in Circular Business Models: The case of a US small medium enterprise in the building sector

Ünal, Enes; Urbinati, Andrea; Chiaroni, Davide; Manzini, Raffaella

doi:10.1016/j.resconrec.2018.12.034

Cited by 119 publications

(86 citation statements)

References 71 publications

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“…Again, like Zott and Amit (), the purpose of our systematic review is to “encourage the firm in systemic and holistic thinking when designing its business model, instead of concentrating on isolated, individual choices” (p. 223). Promising streams of future research would be to investigate how a systemic perspective helps to design circular business models (Ünal, Urbinati, Chiaroni, & Manzini, ). Furthermore, on this issue, research is needed to unravel the process through which companies transform their current linear model into a circular one (Lewandowski, ; Mendoza et al, ).…”

Section: Research Agendamentioning

confidence: 99%

Designing business models in circular economy: A systematic literature review and research agenda

et al. 2020

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The concept of circular economy is increasingly receiving attention in different domains, including strategic management, operations management, and technology management. It requires companies to design their business model (i.e., the value network, the relationships with the supply chain partners, and the value propositions towards customers) around a new concept of sustainable development that reduces consumption of natural resources and preserves the environment. However, extant research falls short in terms of explaining how companies design their business model according to the circular economy principles. Starting from this premise, the present paper provides a systematic review of the literature on the design of business models in the context of circular economy, aiming to offer an overview of the state of research and outline a promising research agenda.

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Section: Research Agendamentioning

confidence: 99%

Designing business models in circular economy: A systematic literature review and research agenda

et al. 2020

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“…In current business practice the development of business models and the use of the Business Model Canvas (BMC) [27] are standard [4,28]. Also, the framework is used to define strategies and cases in various academic publications related to CBMs and sustainable business models (SBMs) [3,25,[28][29][30][31]. The BMC offers organizations a common language to create a shared understanding of specific business models and to innovate.…”

Section: Circular Business Modelsmentioning

confidence: 99%

Archetypical CBMs in Construction and a Translation to Industrialized Manufacture

Heesbeen

Hoces

2020

Sustainability

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The circular economy is a widely accepted concept that various governments have started to adopt. Still, a major consumer of resources, the construction industry, struggles to implement business models that answer to the opportunity and generate value beyond economical. At the same time, the industry is at a threshold of intensifying their production by industrialized manufacture. This type of construction offers practical benefits and should be developed whilst prioritizing a sustainably built environment. A circular economy business model (CBM) offers all stakeholders long term value and revenue whilst moving towards a sustainable environment. The business model canvas (BMC) is a tool to shed light on the essential characteristics of a CBM, its value, and alignment in a multi-life cycle perspective. It can contribute to accelerating circular innovation in construction. This study aims to provide an overview of archetypical CBMs in construction based on a literature review and a systematic coding exercise using the BMC. The archetypes found are used to describe the characteristics of industrialized manufacture in the various circular economy construction scenarios.

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“…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%

Managing the Introduction of Circular Products: Evidence from the Beverage Industry

2019

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The aim of this paper is to study what managerial practices companies follow and implement in their business model to manage the introduction of Circular Products. Extensively screening extant literature in the field, we clustered a set of relevant managerial practices in four main principles of Circular Economy (CE) adoption at the product level: (i) Energy efficiency and usage of renewable sources of energy; (ii) Product and process optimisation for resource efficiency; (iii) Product design for circularity; (iv) Exploitation of waste as a resource. Then, the adoption of these principles was tested on two companies (and three Circular Products) operating in the beverage-packaging industry, where the adoption of CE is further challenged by the fact that packaging is necessary to deliver the product to consumers, but the majority of the one-way packaging is discarded after use. The identified principles provide general objectives in terms of end goals that should be achieved in order to adopt CE and manage the introduction of Circular Products. This paper shows a practical implementation of these principles on real empirical cases for theory-testing scopes.

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Value Creation in Circular Business Models: The case of a US small medium enterprise in the building sector

Cited by 119 publications

References 71 publications

Designing business models in circular economy: A systematic literature review and research agenda

Designing business models in circular economy: A systematic literature review and research agenda

Archetypical CBMs in Construction and a Translation to Industrialized Manufacture

Managing the Introduction of Circular Products: Evidence from the Beverage Industry

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