| Title | Risk&Race: creation of a finance-focused circular economy serious game |
|---|---|
| ID_Doc | 1977 |
| Authors | Whalen, K |
| Title | Risk&Race: creation of a finance-focused circular economy serious game |
| Year | 2017 |
| Published | |
| Abstract | As the topic of circular economy gains increasing popularity, a growing number of serious games and tools have been developed to assist in educating about circular business models. A review of these existing games suggests a lack of emphasis on business operations and financial implications behind circular business model investment decisions. In contrast, recent academic literature suggests the economic implications of adopting circular business models should be stressed, given potential financial differences between circular business models and linear business models. This paper introduces Risk & Race, a serious game developed to assist in bridging this gap between literature and practice by illustrating the financial drivers and barriers to implementing circular business models in practice. Initial findings from testing with students suggest the game succeeds as a support tool for modeling business operations and explaining the financial side of circular business models. |
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