{"id":107,"date":"2024-05-24T14:15:23","date_gmt":"2024-05-24T12:15:23","guid":{"rendered":"https:\/\/seaitm.ita.chalmers.se\/?p=107"},"modified":"2026-05-18T10:31:52","modified_gmt":"2026-05-18T08:31:52","slug":"business-model-innovation-for-circular-economy-and-sustainability","status":"publish","type":"post","link":"https:\/\/seaitm.ita.chalmers.se\/?p=107","title":{"rendered":"Business model innovation for circular economy and sustainability"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/seaitm.ita.chalmers.se\/?cat=5\">tools<\/a> > business model innovation for circular economy and sustainability<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Dimensions<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em><strong>Tool Attributes:<\/strong>\u00a0#framework\u00a0#article<\/em><\/li>\n\n\n\n<li><em><strong>origin:<\/strong>\u00a0#research-driven<\/em><\/li>\n\n\n\n<li><em><strong>Stakeholders:<\/strong>\u00a0#private-sector\u00a0#academic-community<\/em><\/li>\n\n\n\n<li><em><strong>Value Generation:<\/strong>\u00a0#circular-economy\u00a0#sustainable-value<\/em><\/li>\n\n\n\n<li><em><strong>Sustainability Strategy:<\/strong>\u00a0#business-models\u00a0#capacity-building\u00a0#strategic-planning<\/em><\/li>\n\n\n\n<li><em><strong>ease of use:<\/strong>\u00a0#related-article<\/em><\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.sciencedirect.com\/science\/article\/abs\/pii\/S0959652619300423\" target=\"_blank\" rel=\"noreferrer noopener\">Business model innovation for circular economy and sustainability: A&nbsp;review of approaches<\/a><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Highlights<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u2022 Business model innovation for sustainability and circularity is still fragmented.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u2022 A dynamic capabilities-based view was used to organize 92 existing approaches.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u2022 There is a lack of holistic approaches covering multiple stages of innovation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u2022 Stronger integration between circularity and sustainability is required.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u2022 A unifying research agenda for future research is proposed.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Abstract<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">As&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/www.sciencedirect.com\/topics\/earth-and-planetary-sciences\/circular-economy\" target=\"_blank\">circular economy<\/a>&nbsp;and&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/www.sciencedirect.com\/topics\/earth-and-planetary-sciences\/ecodevelopment\" target=\"_blank\">sustainability<\/a>&nbsp;gain greater attention of governments, industry and academia,&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/www.sciencedirect.com\/topics\/engineering\/business-model-innovation\" target=\"_blank\">business model innovation<\/a>&nbsp;for&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/www.sciencedirect.com\/topics\/engineering\/circularity\" target=\"_blank\">circularity<\/a>&nbsp;and\/or sustainability is becoming fundamental to sustain companies&#8217; competitive advantage. A variety of business model innovation approaches have been proposed to suit circular economy or sustainability principles. Although they largely have been addressed independently as two separate knowledge areas, there is an opportunity to seize synergies from the intersection of both streams. This paper provides a review of approaches for business model innovation for circular economy and\/or sustainability, based on a systematic review of academic literature and practitioner-based methodologies. The systematic literature review identified 94 publications and 92 approaches (including conceptual models, methods or tools). The different approaches were categorized according to the business model innovation process, following a three stage dynamic capability view. Subsequently they were compared based on five characteristics (nature of data, boundaries of analysis, level of abstraction, time-based view, and representation style), to allow for a better understanding of how to use the approaches in research and practice. Based on the review, key findings outlining trends and a reflection about the interface of the scopes of circular economy-oriented and sustainability-oriented business model innovation are presented. Moreover, a number of gaps are identified and a framework that maps a future research agenda to simultaneously advance both streams is outlined.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>tools > business model innovation for circular economy and sustainability Dimensions Highlights \u2022 Business model innovation for sustainability and circularity is still fragmented. \u2022 A dynamic capabilities-based view was used to organize 92 existing approaches. \u2022 There is a lack of holistic approaches covering multiple stages of innovation. \u2022 Stronger integration between circularity and sustainability [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[31,28,32,30,34,15,20,33,27,23,29],"class_list":["post-107","post","type-post","status-publish","format-standard","hentry","category-tools","tag-academic-community","tag-article","tag-business-models","tag-capacity-building","tag-circular-economy","tag-framework","tag-private-sector","tag-related-article","tag-research-driven","tag-strategic-planning","tag-sustainable-value"],"_links":{"self":[{"href":"https:\/\/seaitm.ita.chalmers.se\/index.php?rest_route=\/wp\/v2\/posts\/107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/seaitm.ita.chalmers.se\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/seaitm.ita.chalmers.se\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/seaitm.ita.chalmers.se\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/seaitm.ita.chalmers.se\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=107"}],"version-history":[{"count":3,"href":"https:\/\/seaitm.ita.chalmers.se\/index.php?rest_route=\/wp\/v2\/posts\/107\/revisions"}],"predecessor-version":[{"id":165,"href":"https:\/\/seaitm.ita.chalmers.se\/index.php?rest_route=\/wp\/v2\/posts\/107\/revisions\/165"}],"wp:attachment":[{"href":"https:\/\/seaitm.ita.chalmers.se\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/seaitm.ita.chalmers.se\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/seaitm.ita.chalmers.se\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}