A Framework for Sustainable Circular Business Model Innovation
By Maria Antikainen, Katri Valkokari. 2016
471 citations recorded by the source corpus.
The circular economy concept is a novel economic model aiming to foster sustainable economic growth, boost global competitiveness, and generate new jobs. In order to make the circular economy mainstream, radical and systemic innovation is needed. Currently, a majority of the business modelling tools and methods lack at least some of the identified and needed elements for innovating business models in a circular economy. In this article, we build a framework for sustainable circular business model innovation by adding important perspectives: recognizing trends and drivers at the ecosystem level; understanding value to partners and stakeholders within a business; and evaluating the impact of sustainability and circularity. We present the results of a case study with a startup company, which was designed to test the framework and provide a concrete example of its usage and future development needs. Sustainability is not a luxury; it is a basic human right.
Subfields: Business and International Management, Industrial and Manufacturing Engineering, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/1923b3af8c6f7817cfcf161462d356c00b114794
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Citations in the corpus
- How to innovate business models for a circular bio‐economy? (2021, background): “Sustainable and circular business models are closely related and can be considered as a sub-category of business models (Antikainen & Valkokari, 2016).”
- Supply chain management and the circular economy: towards the circular supply chain (2018, unknown): “Clearly the CE requires a high degree of cooperation (Antikainen and Valkokari, 2016; Green Alliance, 2013), which is perhaps not surprising given the level of functioning the CE is modeled on, similar to that of an ecosystem where both elements of competition and cooperation is required to enable…”
- Prioritization of sustainability indicators for promoting the circular economy: The case of developing countries (2019, background): “Circular start-ups, entrepreneur and small medium enterprises (SME) are common in this stage of the CE [74].”
- Innovation and the circular economy: A systematic literature review (2021, background): “(2020) Antikainen and Valkokari (2016) Bassetti et al. (2020) Ghisetti and Montresor (2020)”
- The Emergence of Circular Economy: A New Framing Around Prolonging Resource Productivity (2017, background): “Observations have also been made regarding the lack of appropriate tools and language, such as, in the context of circular economy inspired business model innovation (Antikainen and Valkokari 2016; Bocken et al. 2016; Lewandowski, 2016).”
- Circular Economy Models in Agro-Food Systems: A Review (2021, background): “The CE and sustainability are closely connected words [39].”