| Title |
Embedding the circular economy in investment decision-making for capital assets - a business case framework |
| ID_Doc |
1487 |
| Authors |
Korse, M; Ruitenburg, RJ; Toxopeus, ME; Braaksma, AJJ |
| Title |
Embedding the circular economy in investment decision-making for capital assets - a business case framework |
| Year |
2016 |
| Published |
|
| DOI |
10.1016/j.procir.2016.04.087 |
| Abstract |
Industry shows an increasing interest in the circular economy. However, circularity for physical capital assets is still ill-defined and existing models are complex and information dependent hindering implementation. This paper addresses these gaps by operationalizing circular economy principles and developing a suitable business case framework embedding circularity. Following the Design Science Methodology, a framework was developed based on circularity and investment decision-making literature and requirements from a Dutch electricity grid operator. An initial evaluation showed that the framework supports selecting the preferred circular investment scenario and can be generalized to other industries. (C) 2016 The Authors. Published by Elsevier B.V. |
| Author Keywords |
investment decision making; circular economy; sustainability; asset management |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Conference Proceedings Citation Index - Science (CPCI-S) |
| EID |
WOS:000385400300072 |
| WoS Category |
Engineering, Industrial; Operations Research & Management Science |
| Research Area |
Engineering; Operations Research & Management Science |
| PDF |
https://doi.org/10.1016/j.procir.2016.04.087
|