scholarly journals Ouverture de ‘Circular Economy & New Business Models’

Author(s):  
Daniela Salvioni ◽  
Silvio Brondoni

Circular economy business models essentially fall into two main groups: (1) models focused on reorienting traditional business, and (2) models that involve creating a new business specifically aimed at recovering resources. The timing and ways of transforming an old business into a circular one could find useful drivers in a systemic approach that involves policy makers and legislators to implement effective regulations and incentives, the financial sector, public authorities and civil society. By converse, big global corporations often develop circular economy within a company’s network. From this perspective, some companies are specifically oriented towards recycling, while other companies belonging to the same group use raw materials obtained from recycling, thus gaining an extensive competitive advantage for all the network’s companies (competitive circular economy).

Author(s):  
Vania Ivanova

The objective of this paper is to outline the potential and outlooks of development of circular economy in Bulgaria, as well as demonstrate the need for adequate measures on part of public authorities to encourage this change. The research is based on a primary survey of Bulgarian employers’ attitudes towards pursuing a corporate policy relating to the principles of sustainable development, which was conducted among 400 enterprises. The analysis reveals untapped potential not only with regard to a more efficient use of resources, in both the private and public sectors, but also in terms of underestimating the significance of the issue. The firms could significantly reduce their costs, improve their compatibility and their export potential if they apply new business models and new innovative technologies, which are both resource-efficient and eco-friendly. The research and analytical methods used for the development of the paper involve graphical and table presentation of statistical and empirical data and survey of available legal and analytical research on the topic. The conclusions reached reveal a number of obstacles slowing down the transition to a real circular economy model.  That would require speeding up the reform in the eco-fiscal and innovative government policies.  The paper’s added value lies not only in the analytical examination of the issues, but above all in deriving recommendations for future actions.


Author(s):  
Luis Felipe Luna-Reyes

Contemporary organizations face the challenge of growing and advancing in a complex and changing environment (Johannessen, Olaisen, & Olsen, 2001; Malhotra, 2000). In order to accomplish this objective, private organizations continuously innovate to attract customers (Johannessen et al.). Competition has been accelerated by information technology, which allows the appearance of new business models, introducing new competitors in the business arena (Rayport, 2001). Under these circumstances, it appears that innovation is one of the most valuable activities for any organization (Nonaka, 1996). Furthermore, the management of intangible assets such as knowledge is one of the critical factors to promote innovation and sustainable competitive advantage (Davenport, 2001; De Long & Fahey, 2000; Malhotra; Nonaka).


2019 ◽  
Vol 11 (13) ◽  
pp. 3727 ◽  
Author(s):  
Marina P. P. Pieroni ◽  
Tim C. McAloone ◽  
Daniela C. A. Pigosso

Product—service systems (PSSs) are often outlined as potential enablers of new business models for circular economy. However, not all business models based on product-service systems have superior circularity potential. This research demonstrates how the application of a previously developed business model configurator for circular economy can support the design and assessment of customer value, economic and resource decoupling potential for product-service system business models in practice. By applying action research in two Nordic manufacturing companies from the furniture sector, different business model concepts based on product-service systems were proposed and assessed. Results indicate positive uptake by companies regarding the usefulness of the obtained outcomes. This research identified two key findings about ‘product-service system business models for circular economy’: (i) their configuration should fulfil certain simultaneous conditions—i.e. superior customer value, economic growth, and resource decoupling potential—to contribute to circular economy; and (ii) they are often ‘niche solutions’, fulfilling specific needs and customer segments, and more likely to flourish with certain types/characteristic of products, segments or geographical locations. Lastly, a framework outlining the conditions and trade-offs for assessing the circularity potential of business models based on product-service systems is introduced as one of the key contributions.


2019 ◽  
Vol 40 (4) ◽  
pp. 36-43 ◽  
Author(s):  
Ana Beatriz Lopes de Sousa Jabbour

Purpose This paper aims to explain what managers will want to know about the circular economy by covering some of the key issues and discussing an approach which may help organisations to move towards the circular economy. Design/methodology/approach This is a conceptual paper, which blends theory and hard facts to achieve its aims. Findings This paper presents a framework which uses multiple levels of analysis to explain how organisations can prepare for and implement circular economy practices. Originality/value This paper makes relevant contributions for both academics and practitioners by providing essential practical guidance on the “what”, “how” and “why” of the circular economy, which can help managers to plan and implement a convincing business case for this sustainable approach.


2020 ◽  
Vol 12 (22) ◽  
pp. 9739
Author(s):  
Barbara Bigliardi ◽  
Domenico Campisi ◽  
Giovanna Ferraro ◽  
Serena Filippelli ◽  
Francesco Galati ◽  
...  

The growing interest of the scientific literature regarding purchase behavior, circular economy and new business models has generated the need, as well as the opportunity, for a comprehensive review and categorization of the state of the existing research carried out so far. The present study aims at reconciling the wide but fragmented literature dealing with the purchase intention of recycled products. An integrative theoretical framework, able to combine several constructs, perspectives, and theories discussed to date on the topic, is proposed. Such framework represents a further step toward a comprehensive understanding of behavioral theories and constructs, which need to be understood to design effective business models for the circular economy. This effort could be highly valuable both for scholars interested in the topic—as the integrative framework could assist them in theorizing additional effects—and for firms’ managers—who can understand, more in depth, the drivers of the consumers’ purchasing process and act accordingly.


Author(s):  
Alan Treadgold ◽  
Jonathan Reynolds

Chapter 4 discusses the emergence of entirely new business models enabled, inevitably, by technology and which challenge long-established notions of what it means to be a retail enterprise. The business models for established retail enterprises are being reshaped by the need to make heavy investments in areas such as logistics and IT that have historically been regarded as support functions rather than as integral to the sustained competitive advantage and success of the enterprise. Moreover, established retailers are competing with aggressive and effective enterprises such as internet-enabled platform providers with entirely different business models. As well as a competition between philosophies of what it means to be a retailer, this is a competition between very different business models.


2017 ◽  
Vol 18 (2) ◽  
pp. 99-108
Author(s):  
Agnieszka Bielecka

Circular Economy (CE) is a new approach to sustainable development, which among other promotes sustainable development of new business models of waste streams management in energy sector. In the context of promotion CE solutions (in many strategies and documents of EU and Poland) aimed at efficient use of raw materials and reducing negative impact on the environment, it is necessary for coal based power plant to implement actions in this area. The aim of the article is to evaluate the technological and organizational solutions which make possible the move form linear management model to a circular one and to propose new solutions.


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