The DOI matches its Crossref record; 41 of the 41 references it cites were found in a registry or an index.
Circular Business Model Innovation: Inherent Uncertainties
Abstract
Circular business models based on remanufacturing and reuse promise significant cost savings as well as radical reductions in environmental impact. Variants of such business models have been suggested for decades, and there are notable success stories such as the Xerox product–service offering based on photocopiers that are remanufactured. Still, we are not seeing widespread adoption in industry. This paper examines causes for reluctance. Drawing on a hypothesis‐testing framework of business model innovation, we show that circular business models imply significant challenges to proactive uncertainty reduction for the entrepreneur. Moreover, we show that many product–service system variants that facilitate return flow control in circular business models further aggravate the potential negative effects of failed uncertainty reduction because of increased capital commitments. Through a longitudinal action research study we also provide a counterexample to many of the challenges identified in previous studies, which could be overcome in the studied case. Copyright © 2015 John Wiley & Sons, Ltd and ERP Environment
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Cites
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Cited by
Designing the Business Models for Circular Economy—Towards the Conceptual Framework
Lewandowski, M. (2016) · Sustainability · doi:10.3390/su8010043 · Cited by 1,610
The emergence of circular economy: a new framing around prolonging resource productivity
Blomsma, F., & Brennan, G. (2017) · Journal of Industrial Ecology · doi:10.1111/jiec.12603 · Cited by 1,383
Evans, S., Vladimirova, D., Holgado, M., Van Fossen, K., Yang, M., Silva, E. A., & Barlow, C. Y. (2017) · Business Strategy and the Environment · doi:10.1002/bse.1939 · Cited by 1,370
Rizos, V., Behrens, A., Van der Gaast, W., Hofman, E., Ioannou, A., Kafyeke, T., Flamos, A., Rinaldi, R., Papadelis, S., Hirschnitz-Garbers, M., et al. (2016) · Sustainability · doi:10.3390/su8111212 · Cited by 1,265
A review and typology of circular economy business model patterns
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Metadata
- Authors
- Linder, M., & Williander, M.
- Venue
- Business Strategy and the Environment
- Publisher
- Wiley
- Published
- 2015-09-17
- Volume
- 26
- Issue
- 2
- Pages
- 182-196
- ISSN
- 0964-4733 (ISSN-L)
- 1099-0836
- OpenAlex
- W1931926893
- Cited by
- 1,039
- References
- 41
- FWCI
- 95.46
- Type
- journal article
- Language
- en
- Open access
- closed
- Funders
- VINNOVA (2010–02776)
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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