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Scientific Article details

Title Circular Economy Business Model Innovation Process - Case Study
ID_Doc 1154
Authors Antikainen, M; Aminoff, A; Kettunen, O; Sundqvist-Andberg, H; Paloheimo, H
Title Circular Economy Business Model Innovation Process - Case Study
Year 2017
Published
DOI 10.1007/978-3-319-57078-5_52
Abstract The concept of the Circular Economy has recently caught the attention of academia as well and businesses and decision makers offering an attractive solution for an environmentally sustainable economic growth. Companies need to consider how to close material loops, reduce the resources needed and think more about how materials and products are kept in the loop as long as possible. In order to do that, companies need to find new collaboration partners and reconsider the value offered for stakeholders. To solve that, we need new or modified innovation tools and processes to guide businesses in their innovation journey resulting in novel business models in a circular economy. Thus, the aim of this study is to increase our understanding of the circular business model innovation process. Our main focus is to explore what kind of mixed methods create value in circular business model innovation and what kind of challenges there are related to each method and how is it possible to overcome those challenges. The paper highlights the importance of involving different perspectives, stakeholders and using mixed methods during the innovation process.
Author Keywords Circular Economy; Business model innovation process; Consumers; Methodology; Rapid business model experimentation; Case study
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Conference Proceedings Citation Index - Science (CPCI-S)
EID WOS:000419074600052
WoS Category Engineering, Manufacturing
Research Area Engineering
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