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Scientific Article details

Title A transitions framework for circular business models
ID_Doc 20106
Authors Susur, E; Engwall, M
Title A transitions framework for circular business models
Year 2023
Published Journal Of Industrial Ecology, 27, 1
DOI 10.1111/jiec.13363
Abstract The concepts "circular business models" and "transitions towards a circular economy" have become modern-day buzzwords. Yet, an understanding of the interplay between these two concepts remains unclear. This paper proposes a conceptual framework that illustrates the innovation mechanisms enhancing circular business models emerging within the context of transitions towards a circular economy. The paper follows a two-step methodology. First, a theoretical framing is proposed by adopting insights from transitions studies. Second, a systematic literature review is employed. The review synthesizes the selected literature tracing the proposed framing in the previously published research. Finally, a transitions framework for circular business models is proposed. This framework suggests future lines of research to support its plausibility. Moreover, it offers prescriptive help to managers, entrepreneurs, policymakers, and other social actors enabling them to make informed decisions about and take innovative actions for circular business models in specific contexts.
Author Keywords business model innovation; circular business model; circular economy; industrial ecology; sustainability transitions; systematic literature review
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED)
EID WOS:000904741700001
WoS Category Green & Sustainable Science & Technology; Engineering, Environmental; Environmental Sciences
Research Area Science & Technology - Other Topics; Engineering; Environmental Sciences & Ecology
PDF https://onlinelibrary.wiley.com/doi/pdfdirect/10.1111/jiec.13363
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