scholarly journals Circular Economy Business Models: The Complementarities with Sharing Economy and Eco-Innovations Investments

2021 ◽  
Vol 13 (22) ◽  
pp. 12438
Author(s):  
Luigi Aldieri ◽  
Mohsen Brahmi ◽  
Bruna Bruno ◽  
Concetto Paolo Vinci
Keyword(s):  
Public Good ◽  
Case Studies ◽  
Circular Economy ◽  
Business Models ◽  
Sharing Economy ◽  
Push Factor ◽  
Interpretative Framework ◽  
Pushing And Pulling ◽  
Strong Impulse

The transition from the linear economy to the circular economy exhibits some criticalities that can be solved through the identification of factors pushing and pulling the transition itself. By adopting a public good perspective in analysing the main features of the circular business models, this study underlines how the sharing economy business models are well integrated and complementary to some features of the circular economy, representing a strong pulling factor. Other loops of the circular economy need an explicit push factor, individuated in a strong impulse to eco-efficiency, to be reached through consistent incentives to invest in R&D for eco-innovations. Seven case studies are investigated in their aims, feasibility and implementation to support the interpretative framework.

The Impact of Circular Economy on the Fashion Industry

2020 ◽  
pp. 142-160
Author(s):  
Tugce Aslan ◽  
Adem Akbiyik
Keyword(s):  
Environmental Sustainability ◽  
Circular Economy ◽  
Business Models ◽  
Consumer Preferences ◽  
Academic Research ◽  
Sharing Economy ◽  
Fashion Industry ◽  
Commercial Markets ◽  
New Business ◽  
Consumer Perspective

The fundamental changes in technology and globalization have changed consumer preferences along with the way people buy and consume. This change has profoundly affected new business models and consumption systems in all commercial markets, including the fashion industry in particular. Moreover, fashion businesses have begun to shift from traditional proprietary access business models to the sharing economy. The effect of the sharing economy or circular economy on the fashion industry is increasing day by day. Clothing sharing services, recycling, and re-use of used garments contribute to environmental sustainability and contribute to economic and social sustainability through sales revenue and employment. However, there is limited academic research on clothing sharing models. This research focuses on Dolap application, a clothing sharing service. It examines the role of trust in clothing sharing services from a consumer perspective. As a result of the analysis, it was found that trust in the platform positively and significantly affected the trust given to the service provider.

A transition to Circular Economic Environment

2022 ◽  
Vol 2 (1) ◽  
pp. 0-0
Keyword(s):  
Literature Review ◽  
Case Studies ◽  
Circular Economy ◽  
Business Models ◽  
Research Paper ◽  
Economic Environment ◽  
Extensive Literature ◽  
Sustainable Society ◽  
Sustainable Practices ◽  
Entrepreneurial Spirit

The circular economy is progressively a way towards a sustainable society. The shift from linear to circular business models concerns the entrepreneurs to adopt new practices. The purpose of this research is to propose circular business models to make the worlds three of the most wasteful industries food, plastic, and fashion more sustainable. This paper is developed based on an extensive literature review and case studies. The proposed framework analyses the challenges of these three industries and prescribes relevant business models and sustainable practices. The findings in circular economy business models suggest elements of businesses that can be adopted by entrepreneurs in any industry to create a circular activity. This research paper gives the entrepreneurial spirit with business tools to achieve sustainability ambition.

The Use of Sustainable Business Model Archetypes in the Design of Circular Business Models in the Digital Economy

2020 ◽  
pp. 1-18
Author(s):  
Marek Jabłoński
Keyword(s):  
Business Model ◽  
Circular Economy ◽  
Business Models ◽  
Potential Model ◽  
Sharing Economy ◽  
Digital Economy ◽  
Digital Environment ◽  
Sustainable Business ◽  
Model Solutions ◽  
Sustainable Business Models

Archetypes of sustainable business models can be used to the elaboration of archetypes of business models that combine the assumptions of sharing economy and circular economy as part of their categorization. The chapter presents the assumptions of conceptualization and operationalization of potential model solutions in the field of using archetypes of sustainable business models in the design of circular business models in digital economy. The chapter has an epistemological character described in ontological, epistemological, and methodological categories, but also with the use of an axiological sense. The aim of the chapter is to develop and indicate the principles of designing business models based on the concepts of sharing economy and circular economy using archetypes of sustainable business models in range of digital environment of business.

Model of Circular Economy in Environmental Management. Case Study

2021 ◽  
Vol 12 (1) ◽  
pp. 5
Author(s):  
Anastasia SALNIKOVA ◽  
Andrey KOVALEV ◽  
Valery IOSIFOV ◽  
Nairuhi ALMASTYAN
Keyword(s):  
Case Studies ◽  
Circular Economy ◽  
Business Models ◽  
Annual Reports ◽  
Global Markets ◽  
The European Union ◽  
Innovation Activities ◽  
Manufactured Products ◽  
Management Case Study

The transition to circular economy models is a big challenge for enterprises, since it forces them not only to change established supply chains, pay extra attention to the quality and durability of manufactured products, develop schemes for the collection and subsequent disposal of products that have worked out their life, but also actively develop eco-innovation activities and participate in R&D more actively. The aim of this work is to study examples of the implementation of circular business models from the leading EU-based companies. The focus of the research on European companies is due to the fact that the European Union has been implementing a plan for the transition to a circular economy since 2015. In order to track the nature of applied eco-innovation in the field of CE the case-studies from the leading EU-based companies have been analysed. The choice of the companies is determined by their commitment to the CE principles and availability of the obtained results in their annual reports. The case-studies have shown all reviewed companies demonstrated beyond average commitment to the principles of CE in all aspects (sayings, doings and materiality). Their strong adherence is determined by their intense environmental impact and leading positions at regional and global markets.

scholarly journals Exploring Circularity: A Review to Assess the Opportunities and Challenges to Close Loop in Nepali Tourism Industry

2020 ◽  
Vol 3 (1) ◽  
pp. 142-158 ◽  
Author(s):  
Chandramani Aryal
Keyword(s):  
Circular Economy ◽  
Business Models ◽  
Sharing Economy ◽  
Tourism Industry ◽  
Waste Products ◽  
Government Sector ◽  
Tourism Sector ◽  
Durable Products ◽  
The Government ◽  
Industrial Level

Tourism is one of the important sectors in Nepali economy and gains high priority from the government sector as well owing to its contribution in the economic, social and environmental front. Despite these benefits, the tourism sector comes with negative externalities, providing rationality for shift towards a more sustainable approach. Despite this, the circular economy is yet to gain recognition, both at the academic and industrial level in Nepal. Thus, this article aims to fulfill that gap by introducing the concept of circular economy, application of circular economy to the tourism industry and barriers for their implementation in Nepal. In different parts of the world, transition towards circular economy, which integrates the concepts of restorative economy, sharing economy and service economy, from the linear one have been identified as an approach for sustainable economic development. Innovation and application of the 4R principles have been identified as the key to the shift towards the circular economy. Innovation implies the use of new, innovative and more durable products, innovation in the production process and innovative organizational process. Innovation of business models, reduction of the resources used, reuse of the old products thereby reducing the demand for the new ones and recycling of waste products generated are some of the strategies of the circular economy that are applicable to the tourism industry. As Nepali tourism sectors are largely based on take-use-dispose form, they are unsustainable. Circular economy can address the problem associated with the tourism sector there by making the sector sustainable. But, adaptation of circular tourism is hindered mainly by financial and knowledge constraints. The study is expected to introduce and initiate academic discourse about circular tourism in Nepal.

scholarly journals Circular Economy Model Enhanced by Intelligent Assets from Industry 4.0: The Proposition of an Innovative Tool to Analyze Case Studies

2020 ◽  
Vol 12 (17) ◽  
pp. 7147 ◽  
Author(s):  
Jessica Rossi ◽  
Augusto Bianchini ◽  
Patricia Guarnieri
Keyword(s):  
Case Studies ◽  
Circular Economy ◽  
Business Models ◽  
Industrial Revolution ◽  
Assessment Tool ◽  
Secondary Data ◽  
Business Strategies ◽  
Design Assessment ◽  
Practical Applications ◽  
And Performance

Although the circular economy (CE) is recognized as a source of value creation, there is a huge gap between the vast concept of CE and its practical applications. Particularly, the lack of information and performance indicators, in terms of economic, environmental and social aspects, does not allow for the assessment of the level of circularity of the products, processes or companies. Further development of other circular activities can be limited for this reason. In addition, intelligent assets arising with the digital transformation within the “Fourth Industrial Revolution (I4.0)” can support CE to provide these lacking aspects. Thus, the objective of this paper is to highlight how and how much the circular business models are enhanced by intelligent assets from I4.0, considering several case studies found in the literature, and through the application of an assessment tool with secondary data from the selected case studies. According to the tool, the CE principles are extended to the entire product lifecycle, from product design to product utilization, within the transition to novel business strategies. Two of the considered case studies are represented in the assessment tool, as examples, to demonstrate how intelligent assets can support circular economy in the design, assessment and comparison of circular initiatives. The visualization of existing innovative business models based on CE and enhanced by intelligent assets allows for the complete and effective evaluation of materials, products, assets and processes, due to the fact that information and indicators can be collected to measure and monitor circular efficiency.

Navigating the New Retail Landscape

2020 ◽  
Author(s):  
Alan Treadgold ◽  
Jonathan Reynolds
Keyword(s):  
Case Studies ◽  
Business Models ◽  
Retail Industry ◽  
Drivers Of Change ◽  
Economic Crises ◽  
Global Pandemic ◽  
Personal Leadership ◽  
Practical Guidance ◽  
The Impact ◽  
Rapid Emergence

The retail industry globally is in an era of profound, perhaps unprecedented, change, change which has been further accelerated for many by the impact of the COVID-19 global pandemic and its attendant health and economic crises. This book is intended to serve as a wide-ranging, robust, practical guide to leaders of enterprises tasked with understanding and delivering success in the new landscape of retailing. Part 1 describes the major directions and drivers of change that define the new global landscape of retailing. Accelerating changes in technology, the rise to prominence globally of internet enabled shoppers and the rapid emergence of entirely new retail enterprises and business models are combining to re-shape the very fundamentals of the retail industry. The new landscape of retailing is unforgiving: success can be achieved more quickly than ever before but failure is equally rapid. Opportunities in the new landscape of retailing are profound, but so too are the challenges. Part 2 discusses the structures, skills and capabilities that retail enterprises will need to be successful in this new landscape and the skills and capabilities required of the leaders of retail enterprises. More than 25 detailed case studies of innovative, successful enterprises internationally and more than one hundred smaller examples, all updated and many new since the first edition, are used to illustrate the themes discussed. Frameworks are presented to provide practical guidance for enterprise leaders to understand and contextualize the nature of change re-shaping retail landscapes globally. Clear guidance is given of the capabilities, skills and perspectives needed at both an enterprise and personal leadership level to deliver success in the new landscape of retailing.

Emerging Industrial Revolution: Symbiosis of Industry 4.0 and Circular Economy: The Role of Universities

2020 ◽  
Vol 25 (3) ◽  
pp. 505-525 ◽  
Author(s):  
Seeram Ramakrishna ◽  
Alfred Ngowi ◽  
Henk De Jager ◽  
Bankole O. Awuzie
Keyword(s):  
Economic Growth ◽  
Circular Economy ◽  
Industry 4.0 ◽  
Business Models ◽  
Industrial Revolution ◽  
New Technologies ◽  
Production Systems ◽  
Fourth Industrial Revolution ◽  
New Jobs

Growing consumerism and population worldwide raises concerns about society’s sustainability aspirations. This has led to calls for concerted efforts to shift from the linear economy to a circular economy (CE), which are gaining momentum globally. CE approaches lead to a zero-waste scenario of economic growth and sustainable development. These approaches are based on semi-scientific and empirical concepts with technologies enabling 3Rs (reduce, reuse, recycle) and 6Rs (reuse, recycle, redesign, remanufacture, reduce, recover). Studies estimate that the transition to a CE would save the world in excess of a trillion dollars annually while creating new jobs, business opportunities and economic growth. The emerging industrial revolution will enhance the symbiotic pursuit of new technologies and CE to transform extant production systems and business models for sustainability. This article examines the trends, availability and readiness of fourth industrial revolution (4IR or industry 4.0) technologies (for example, Internet of Things [IoT], artificial intelligence [AI] and nanotechnology) to support and promote CE transitions within the higher education institutional context. Furthermore, it elucidates the role of universities as living laboratories for experimenting the utility of industry 4.0 technologies in driving the shift towards CE futures. The article concludes that universities should play a pivotal role in engendering CE transitions.

scholarly journals Circular Bioeconomy Business Models to Overcome the Valley of Death. A Systematic Statistical Analysis of Studies and Projects in Emerging Bio-Based Technologies and Trends Linked to the SME Instrument Support

2021 ◽  
Vol 13 (4) ◽  
pp. 1899
Author(s):  
Fabiana Gatto ◽  
Ilaria Re
Keyword(s):  
Circular Economy ◽  
Success Factors ◽  
Business Models ◽  
Raw Materials ◽  
Action Plan ◽  
Future Perspective ◽  
The European Union ◽  
Strategic Orientations ◽  
Start Ups ◽  
Valley Of Death

Reducing the environmental pressure along the products life cycle, increasing efficiency in the consumption of resources and use of renewable raw materials, and shifting the economic system toward a circular and a climate-neutral model represent the heart of the current macro-trends of the European Union (EU) policy agendas. The circular economy and bioeconomy concepts introduced in the EU’s Circular Economy Action Plan and the Bioeconomy Strategy support innovation in rethinking economic systems focusing on market uptaking of greener solutions based on less-intensive resource consumption. In recent decades, industrial research has devoted enormous investments to demonstrate sustainable circular bio-based business models capable of overcoming the “Valley of Death” through alternative strategic orientations of “technological-push” and “market-pull”. The study highlights industrial research’s evolution on bio-based circular business model validation, trends, and topics with particular attention to the empowering capacity of start-ups and small and medium-sized enterprises (SMEs) to close the loops in renewable biological use and reduce dependence on fossil fuels. The research methodology involves a bibliographic search based on the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) approach and the European Innovation Council (EIC) Accelerator Data Hub investigation to understand SMEs’ key success factors and start-ups of the circular bioeconomy sector. Eco and bio-based materials, nutraceuticals, and microalgae represent the most sustainable industry applications, leading to circular bioeconomy business models’ future perspective.

scholarly journals From Barriers to Enablers: The Role of Organizational Learning in Transitioning SMEs into the Circular Economy

2021 ◽  
Vol 13 (3) ◽  
pp. 1021
Author(s):  
Sara Scipioni ◽  
Meir Russ ◽  
Federico Niccolini
Keyword(s):  
Organizational Learning ◽  
Circular Economy ◽  
Business Models ◽  
Small And Medium Enterprises ◽  
Sustainable Business ◽  
Fine Grained ◽  
Contextual Elements ◽  
Transfer And Retention ◽  
Multi Level ◽  
Medium Enterprises

To contribute to small and medium enterprises’ (SMEs) sustainable transition into the circular economy, the study proposes the activation of organizational learning (OL) processes—denoted here as multi-level knowledge creation, transfer, and retention processes—as a key phase in introducing circular business models (CBMs) at SME and supply chain (SC) level. The research employs a mixed-method approach, using the focus group methodology to identify contextual elements impacting on CBM-related OL processes, and a survey-based evaluation to single out the most frequently used OL processes inside Italian construction SMEs. As a main result, a CBM-oriented OL multi-level model offers a fine-grained understanding of contextual elements acting mutually as barriers and drivers for OL processes, as possible OL dynamics among them. The multi-level culture construct—composed of external stakeholders’, SC stakeholders’, and organizational culture—identify the key element to activate CBM-oriented OL processes. Main implications are related to the identification of cultural, structural, regulatory, and process contextual elements across the external, SC, and organizational levels, and their interrelation with applicable intraorganizational and interorganizational learning processes. The proposed model would contribute to an improved implementation of transitioning into the circular economy utilizing sustainable business models in the construction SMEs.

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