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A transitions framework for circular business models
KTH, School of Industrial Engineering and Management (ITM), Industrial Economics and Management (Dept.). Department of Industrial Engineering, Business Administration and Statistics, Universidad Politécnica de Madrid, Madrid, Spain.ORCID iD: 0000-0002-8050-5281
KTH, School of Industrial Engineering and Management (ITM), Industrial Economics and Management (Dept.).ORCID iD: 0000-0001-9277-0288
2023 (English)In: Journal of Industrial Ecology, ISSN 1088-1980, E-ISSN 1530-9290, Vol. 27, no 1, p. 19-32Article in journal (Refereed) Published
Abstract [en]

The concepts “circular business models” and “transitions towards a circular economy” have become modern-day buzzwords. Yet, an understanding of the interplay between these two concepts remains unclear. This paper proposes a conceptual framework that illustrates the innovation mechanisms enhancing circular business models emerging within the context of transitions towards a circular economy. The paper follows a two-step methodology. First, a theoretical framing is proposed by adopting insights from transitions studies. Second, a systematic literature review is employed. The review synthesizes the selected literature tracing the proposed framing in the previously published research. Finally, a transitions framework for circular business models is proposed. This framework suggests future lines of research to support its plausibility. Moreover, it offers prescriptive help to managers, entrepreneurs, policymakers, and other social actors enabling them to make informed decisions about and take innovative actions for circular business models in specific contexts.

Place, publisher, year, edition, pages
Wiley , 2023. Vol. 27, no 1, p. 19-32
Keywords [en]
business model innovation, circular business model, circular economy, industrial ecology, sustainability transitions, systematic literature review
National Category
Business Administration
Identifiers
URN: urn:nbn:se:kth:diva-330094DOI: 10.1111/jiec.13363ISI: 000904741700001Scopus ID: 2-s2.0-85145287836OAI: oai:DiVA.org:kth-330094DiVA, id: diva2:1775055
Note

QC 20230626

Available from: 2023-06-26 Created: 2023-06-26 Last updated: 2023-06-26Bibliographically approved

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Susur, EbruEngwall, Mats

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CiteExportLink to record
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  • apa
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