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Title Toward a Circular Economy in the Toy Industry: The Business Model of a Romanian Company
ID_Doc 2196
Authors Nastase, IA; Negrutiu, C; Felea, M; Acatrinei, C; Cepoi, A; Istrate Scradeanu, A
Title Toward a Circular Economy in the Toy Industry: The Business Model of a Romanian Company
Year 2022
Published Sustainability, 14, 1
DOI 10.3390/su14010022
Abstract Nowadays, more and more business organizations are encouraged to find ways to produce high-quality products that are offered to users for their temporary enjoyment and then redistributed or sent to the next user pending. This is done without being conditioned to believe that we need to own something, use it for certain functions for a limited amount of time, and then throw it away. Toys are a perfect candidate for this approach. Given the lack of case studies explaining how companies can design and implement a circular economy in practice, especially in the toy industry, this study aimed to develop a case study based on Evertoys, a start-up operating in Romania, which is a country where the circular economy is only in an infancy phase. This study's objective was to analyze this business model from the circular economy perspective. Regarding the methodology, the work followed the research strategy of the case study, which was developed by analyzing the opportunities and challenges of this toy-as-a-service model and taking into consideration the components of the Business Model Canvas. Our findings indicated the presence of driving factors, as well as barriers, in the implementation of circular economy practices.
Author Keywords circular economy; sharing economy; reuse; rental and subscription services; toys as a service; business model
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:000751279500001
WoS Category Green & Sustainable Science & Technology; Environmental Sciences; Environmental Studies
Research Area Science & Technology - Other Topics; Environmental Sciences & Ecology
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