| Title | Circular Business Model Transformation: A Roadmap for Incumbent Firms |
|---|---|
| ID_Doc | 16722 |
| Authors | Frishammar, J; Parida, V |
| Title | Circular Business Model Transformation: A Roadmap for Incumbent Firms |
| Year | 2019 |
| Published | California Management Review, 61, 2 |
| Abstract | To achieve positive economic, environmental, and social benefits, many incumbent manufacturing firms attempt to apply circular economy principles to their business practices. However, these firms often struggle to change their existing linear business models to circular models because the steps required for successful transformation are still poorly understood. Based on a multiple case study of eight business model transformation journeys, this article proposes a roadmap for circular business model transformation. It provides a step-by-step process to enable circular transition, allowing companies to meet environmental, social, and financial objectives and proactively address sustainability. |
Similar Articles
| ID | Score | Article |
|---|---|---|
24380
|
Oghazi, P; Mostaghel, R Circular Business Model Challenges and Lessons Learned-An Industrial Perspective(2018)Sustainability, 10, 3 | |
| 28982
|
Antikainen, M; Valkokari, K A Framework for Sustainable Circular Business Model Innovation(2016)Technology Innovation Management Review, 6.0, 7 | |
| 21826
|
Hofmann, F; Jaeger-Erben, M Organizational transition management of circular business model innovations(2020)Business Strategy And The Environment, 29.0, 6 | |
| 5693
|
Pieroni, MD; Pigosso, DCA; McAloone, TC Sustainable qualifying criteria for designing circular business models(2018) | |
| 20106
|
Susur, E; Engwall, M A transitions framework for circular business models(2023)Journal Of Industrial Ecology, 27, 1 | |
| 20470
|
Bocken, N; Strupeit, L; Whalen, K; Nussholz, J A Review and Evaluation of Circular Business Model Innovation Tools(2019)Sustainability, 11, 8 | |
| 1154
|
Antikainen, M; Aminoff, A; Kettunen, O; Sundqvist-Andberg, H; Paloheimo, H Circular Economy Business Model Innovation Process - Case Study(2017) | |
| 598
|
Awan, U; Sroufe, R Sustainability in the Circular Economy: Insights and Dynamics of Designing Circular Business Models(2022)Applied Sciences-Basel, 12, 3 | |
| 16140
|
Geissdoerfer, M; Pieroni, MPP; Pigosso, DCA; Soufani, K Circular business models: A review(2020) | |
| 335
|
Suchek, N; Fernandes, CI; Kraus, S; Filser, M; Sjögrén, H Innovation and the circular economy: A systematic literature review(2021)Business Strategy And The Environment, 30, 8 |