What is it about?
Our aim is to provide a better understanding of a business model based on circular principles. In particular, we focus on two issues that support the development of a circular business model: (a) the focal actor as orchestrator of the circular network and (b) the circular ecosystem encompassing suppliers, customers, research centers, and public authorities, in which each actor/stakeholder plays a specific role, based on effective interorganizational relationships. The research method applied is an in‐depth nested single case study of a circular project.
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Why is it important?
Our results highlight an exemplar case of an ecosystemic business model in agriculture, involving different types of innovation and strong collaboration among network members, orchestrated by a focal firm. The abductive approach used led to the formulation of some research propositions and to the identification of some adoption factors and barriers to growth in circular business models.
Perspectives
Our work has implications for managers and entrepreneurs as an exemplar case of a circular ecosystem for agriculture and waste management and its critical factors of success at the individual, organizational, and network level. It also has implications for policymaking, by highlighting some barriers to adoption and growth. It is clear that institutional frameworks and financial systems need to be redesigned to support the growth of circular business models.
prof pietro previtali
university of pavia
Read the Original
This page is a summary of: Circular business models for sustainable development: A “waste is food” restorative ecosystem, Business Strategy and the Environment, August 2018, Wiley,
DOI: 10.1002/bse.2216.
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