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Cited by 355

The DOI matches its Crossref record; 78 of the 78 references it cites were found in a registry or an index.

A Definition and Theoretical Review of the Circular Economy, Value Creation, and Sustainable Business Models: Where Are We Now and Where Should Research Move in the Future?

Open access
Lahti, Tom, Wincent, Joakim, Parida, Vinit·2018·Sustainability
DOI 10.3390/su10082799
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Abstract

This paper contains a theory review of value creation and the implementation of next-generation sustainable business models to profit in the circular economy. While previous research has pointed to the influence of society and regulatory policy on companies’ ability to address larger sustainability concerns and to change their ways of working, the field suffers from little theoretical guidance outlining how undertake circular business mode transformation in practice. By reviewing the field’s main theories, we illustrate significant implications for how future research can study profitability and competitiveness in the circular economy. This paper introduces the central components of circular business models and discusses links to contingency theory, transaction cost theory, resource-based theory, theory on networks and industrial economics, and agency theory. Understanding the circular economy and the ways companies can compete in the circular economy based on these theories is important for establishing important new research directions for scholars of sustainable business and circular business models.

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Metadata

Authors
Lahti, T., Wincent, J., & Parida, V.
Venue
Sustainability
Publisher
MDPI AG
Published
2018-08-07
Volume
10
Issue
8
Pages
2799
ISSN
2071-1050 (ISSN-L)
DOI
10.3390/su10082799
OpenAlex
W2887073490
Cited by
355
References
78
FWCI
44.00
Type
journal article
Language
en
Open access
gold

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CoChat. (2026). Citation check: A Definition and Theoretical Review of the Circular Economy, Value Creation, and Sustainable Business Models: Where Are We Now and Where Should Research Move in the Future? https://app.cochat.ai/papers/10.3390/su10082799
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Lahti, T., Wincent, J., & Parida, V. (2018). A Definition and Theoretical Review of the Circular Economy, Value Creation, and Sustainable Business Models: Where Are We Now and Where Should Research Move in the Future? Sustainability. https://doi.org/10.3390/su10082799

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.