Willingness to Pay for Eco‐Certified Refurbished Products: The Effects of Environmental Attitudes and Knowledge

Harms, Rainer; Linton, Jonathan D.

doi:10.1111/jiec.12301

Cited by 113 publications

(70 citation statements)

References 73 publications

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“…; Souza ). However, refurbished products generally do not reach the quality level of remanufactured products (Harms and Linton ). Remanufacturing ensures that products comply with the performance specifications of the original equipment manufacturer (OEM) through the wholesale restoration and replacement of main components (Diallo et al.…”

Section: An Overview Of Closed‐loop Supply Chains and Circular Econommentioning

confidence: 99%

“…Refurbishment and remanufacturing denote a more comprehensive overhaul of products by replacing parts that are failing or likely to do so soon (King et al 2006;Souza 2013). However, refurbished products generally do not reach the quality level of remanufactured products (Harms and Linton 2016). Remanufacturing ensures that products comply with the performance specifications of the original equipment manufacturer (OEM) through the wholesale restoration and replacement of main components (Diallo et al 2017).…”

Section: Major Reverse Cycles For the Circular Economymentioning

confidence: 99%

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A Review and Typology of Circular Economy Business Model Patterns

Lüdeke‐Freund

Gold

Bocken

2018

J of Industrial Ecology

762

505

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Summary The circular economy (CE) requires companies to rethink their supply chains and business models. Several frameworks found in the academic and practitioner literature propose circular economy business models (CEBMs) to redefine how companies create value while adhering to CE principles. A review of these frameworks shows that some models are frequently discussed, some are framework specific, and some use a different wording to refer to similar CEBMs, pointing to the need to consolidate the current state of the art. We conduct a morphological analysis of 26 current CEBMs from the literature, which includes defining their major business model dimensions and identifying the specific characteristics of these dimensions. Based on this analysis, we identify a broad range of business model design options and propose six major CEBM patterns with the potential to support the closing of resource flows: repair and maintenance; reuse and redistribution; refurbishment and remanufacturing; recycling; cascading and repurposing; and organic feedstock business model patterns. We also discuss different design strategies to support the development of these CEBMs.

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Section: An Overview Of Closed‐loop Supply Chains and Circular Econommentioning

confidence: 99%

Section: Major Reverse Cycles For the Circular Economymentioning

confidence: 99%

A Review and Typology of Circular Economy Business Model Patterns

Lüdeke‐Freund

Gold

Bocken

2018

J of Industrial Ecology

762

505

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show abstract

“…Researchers have considered understanding the offering, sufficient knowledge about the product [58,79,122], and information about the services as additional factors influencing the perceptions of different circular solutions. Understanding the offering refers to the ability of the consumer to assess what is needed from him or her in order to access the solution [83].…”

Section: Knowledge and Understandingmentioning

confidence: 99%

Consumption in the Circular Economy: A Literature Review

2018

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A circular economy (CE) aims at decoupling value creation from waste generation and resource use by radically transforming production and consumption systems. Recent reviews on the topic of the circular economy have indicated that cultural barriers are a significant factor hindering the diffusion of so-called 'circular' business models, particularly the lack of consumer-or user-acceptance. However, none of them has provided an overview of the existing literature addressing such issues that can help academics and practitioners better understand consumption considerations when addressing the circular economy. Motivated by these observations, this paper presents the results of a literature review that summarises and discusses insights from 111 articles in terms of the problem area, theoretical approaches, methods, and tools that have been used to collect and analyse data, the main issues, and identified research gaps. The results show that most of the existing scientific work on the circular economy and circular solutions addressing consumption has focussed on identifying factors that drive or hinder the consumption of circular solutions. A smaller but expanding set of articles has focussed on offering insights into the nature, meaning, and dynamics of consumption in the context of the circular economy. According to this set of articles, consumption in the circular economy is anonymous, connected, political, uncertain, and based on multiple values, not only utility. A smaller set of papers has explored the integration of user and consumer perspectives into design processes. Although these contributions are relevant, opportunities for further research are still open, particularly regarding socio-material and cultural aspects of consumption in the context of the circular economy, and the role of digitalisation. In addition, more work could be done regarding strategies to foster not only acceptance but also the adoption and diffusion of the circular economy. Based on the findings of this literature review, some ideas for a research agenda on the issue of consumption in the circular economy are outlined.

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“…Customers’ willingness to pay depends on customers’ perception of the value of a recovered good. Products composed of recycled metals and plastics, for example, are often indistinguishable from new products (C3, C5), whereas other recovered products are perceived to be of lower quality (Geyer and Jackson ; Guide and Li ; Harms and Linton ) (C4). Willingness to pay for recycled commodities is largely determined by raw material prices (Rathore et al.…”

Section: Access To Recoverable Productsmentioning

confidence: 99%

On the Attractiveness of Product Recovery: The Forces that Shape Reverse Markets

Stindt

Neto²,

Nuss

et al. 2016

J of Industrial Ecology

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Product recovery is a major contributor for implementing sustainable business practices. Within such operations, which are either driven by legislation or economic rationales, practitioners face strategic issues concerning reverse market entry and positioning. Although the complexity of acting on reverse markets is widely acknowledged, a comprehensive framework to facilitate decision making in this area is lacking. In an attempt to fill that gap, we develop a model that supports original equipment manufacturers' (OEMs') assessment of the attractiveness of reverse markets. We identify, from a comprehensive literature analysis, in-depth interviews, and engagement with a dozen companies from different countries, factors that influence key characteristics of reverse markets, and consolidate this lengthy list into a comprehensive model intuitively applicable to business practice. The model combines five forces that drive reverse markets: access to recoverable products; threat of independent recovery companies' (IRCs') market entry; rivalry for recoverable products; adverse effects on core business; and remarketing opportunities. We propose for each a set of attributes that influences its power and direction. To demonstrate the efficacy of the model, we apply it in two industry settings: recovery of white goods in the United Kingdom and paper recycling in Germany. The present research enables OEMs to understand the structure and forces that drive reverse markets, identify levers to influence those markets, anticipate market developments, and formulate resilient strategies for product recovery. Keywords:closed-loop supply chain management industrial ecology market analysis reverse logistics strategy development sustainability Supporting information is linked to this article on the JIE website

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Willingness to Pay for Eco‐Certified Refurbished Products: The Effects of Environmental Attitudes and Knowledge

Cited by 113 publications

References 73 publications

A Review and Typology of Circular Economy Business Model Patterns

A Review and Typology of Circular Economy Business Model Patterns

Consumption in the Circular Economy: A Literature Review

On the Attractiveness of Product Recovery: The Forces that Shape Reverse Markets

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