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Circular business model transformation : A roadmap for incumbent firms
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- Frishammar, Johan, 1973- (author)
- Stockholm School of Economics,Handelshögskolan i Stockholm,Luleå tekniska universitet,Industriell Ekonomi,House of Innovation, Stockholm School of Economics, Stockholm, Sweden,Entrepreneurship & Innovation
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- Parida, Vinit (author)
- Luleå tekniska universitet,Institutionen för ekonomi, teknik och samhälle,University of Vaasa, Vaasa, Finland,Entrepreneurship & Innovation,University of Vaasa (FI)
- (creator_code:org_t)
- 2018-12-03
- 2019
- English.
- In: California Management Review. - : Sage Publications. - 0008-1256 .- 2162-8564. ; 61:2, s. 5-29
- Journal article (peer-reviewed)
Abstract
Subject headings
Close
- To achieve positive economic, environmental, and social benefits, many incumbent manufacturing firms attempt to apply circular economy principles to their business practices. However, these firms often struggle to change their existing linear business models to circular models because the steps required for successful transformation are still poorly understood. Based on a multiple case study of eight business model transformation journeys, this article proposes a roadmap for circular business model transformation. It provides a step-by-step process to enable circular transition, allowing companies to meet environmental, social, and financial objectives and proactively address sustainability.
Subject headings
- TEKNIK OCH TEKNOLOGIER -- Annan teknik -- Övrig annan teknik (hsv//swe)
- ENGINEERING AND TECHNOLOGY -- Other Engineering and Technologies -- Other Engineering and Technologies not elsewhere specified (hsv//eng)
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Företagsekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Business Administration (hsv//eng)
Keyword
- business models
- case study
- circular economy
- manufacturing
- sustainability
- servitization
- Entreprenörskap och innovation
- Entrepreneurship and Innovation
Publication and Content Type
- ref (subject category)
- art (subject category)
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