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Title The Circular Business Framework for Building, Developing and Steering Businesses in the Circular Economy
ID_Doc 3206
Authors Lauten-Weiss, J; Ramesohl, S
Title The Circular Business Framework for Building, Developing and Steering Businesses in the Circular Economy
Year 2021
Published Sustainability, 13, 2
DOI 10.3390/su13020963
Abstract The need for a transition towards a circular economy (CE) is evident, as the current economic model is based on the exploitation of far more resources than the planet can replenish sustainably. A significant part of this economic transition is the inception of new, CE-oriented startups and business activities. While business model frameworks (BMF), such as the Business Model Canvas (BMC), were at the center of discussions about structuring business ideas in the beginning of the millennium, the conversation must now shift towards circular BMFs (CBMF). This paper follows the Design Research Methodology (DRM) for an empirical approach to devising a novel CBMF, including expert interviews as well as a first application of the framework with a startup. Throughout this process, a new and innovative tool called Circular Business Framework (CBF) was created and tested based on CE principles.
Author Keywords circular economy; entrepreneurship; business model framework; management tools; sustainable business model innovation
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:000611768700001
WoS Category Green & Sustainable Science & Technology; Environmental Sciences; Environmental Studies
Research Area Science & Technology - Other Topics; Environmental Sciences & Ecology
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