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Title Essential innovation capability of producer-service enterprises towards circular business model: Motivators and barriers
ID_Doc 8771
Authors Shao, J; Aneye, C; Kharitonova, A; Fang, W
Title Essential innovation capability of producer-service enterprises towards circular business model: Motivators and barriers
Year 2023
Published Business Strategy And The Environment, 32.0, 7
DOI 10.1002/bse.3380
Abstract The current linear model inherent to the linear economy within the industry cannot continue its operations due to the high contribution towards environmental damage. To address this matter, the circular economy and the circular business models as environmental solutions for organizations will be capable of bringing business profit. Unfortunately, few studies have shed light on the types of capabilities and innovation required to produce the change to circular business models since these updates will lead to significant opportunities and challenges for enterprises. Thus, this research explores the factors that strengthen and hamper producer-service enterprises' innovation capability to implement circular business model. The study applied the fuzzy Delphi method and grey-based DEMATEL approaches to identify the most influential factors and the casual relationships among them towards circular business model implementation within the service sector. The research results indicated 10 main drivers and barriers related to circular business model implementation based on the fuzzy Delphi method. The contributions of this study can be used as a guide for producer-service enterprises and other parties involved in policy-making and shed light on the applications of business model innovations in general.
Author Keywords circular business model; fuzzy Delphi method; grey-based DEMATEL; innovation capability; producer-service enterprises
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Social Science Citation Index (SSCI)
EID WOS:000931754100001
WoS Category Business; Environmental Studies; Management
Research Area Business & Economics; Environmental Sciences & Ecology
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