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Scientific Article details

Title Managing Circular Business Model Uncertainties with Future Adaptive Design
ID_Doc 21263
Authors Nyström, T; Whalen, KA; Diener, D; den Hollander, M; Boyer, RHW
Title Managing Circular Business Model Uncertainties with Future Adaptive Design
Year 2021
Published Sustainability, 13.0, 18
DOI 10.3390/su131810361
Abstract Designing products that can adapt to changes over time is crucial for managing product-related business risks in circular business models. However, there is limited circular economy research on how product adaptivity can contribute to more circular products and business models, especially in the early phases of business development and design. To address this research gap, this conceptual paper builds on the adaptable design concept and incorporates ideas from research on circular business models and circular design literature. It proposes a framework we collectively term "Future Adaptive Design" to help manage product-related business risks in circular business models and investigates related design strategies for product-based companies aiming to adopt circular business models.
Author Keywords circular economy; product life extension; circular business model innovation; circular product design; product obsolescence; business strategy; adaptability framework
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI)
EID WOS:000702099100001
WoS Category Green & Sustainable Science & Technology; Environmental Sciences; Environmental Studies
Research Area Science & Technology - Other Topics; Environmental Sciences & Ecology
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