This book explores the need to develop business strategies, organise and fund transformation projects and manage the transformation programme in order to further a circular economy. Circular Business Models outlines sustainable business models that can be used by companies to move transformation forward on a large scale. In addition to business models the book will cover and discuss a number of other factors necessary for a successful transformation, such as business and innovation strategy, entrepreneurship and change management. Including original interviews with circular economy practitioners, this book will be applicable to industries as diverse as manufacturing, food processing, transportation and mechanical engineering. Addressing the different challenges that meet circular economy visionaries, it outlines strategies and business models needed to gain momentum in these different sectors.

Available online: https://pub.norden.org/temanord2023-507/ Deepened Nordic cooperation can speed up the circular economy and unlock multiple benefits and a sustainable, robust development path for the Nordic countries. This report explores how circular economy can be a key enabler for strengthening the Nordics as a region in the new geopolitical landscape. The report presents an overview of the benefits, status, and progress so far on circularity in the Nordics, an inventory of circular economy policies in the Nordics, and a first outline of opportunities for deepened Nordic collaboration and coordination to accelerate the circular transition and building a more resilient, sustainable Nordic region. The report highlights four areas where deepened Nordic cooperation can play an important role.

This book explores many key areas of business science and practice. It is mainly centred on the field of strategic management with a special focus on the concept of business models and the new dimensions of the economy. In terms of economic conditions, the book discusses the principles of the sharing economy, the circular economy, and the networked economy. This multi-faceted approach makes the book holistic, creating a comprehensive image of a multidimensional market. It will appeal to theoreticians and scientists dealing with the issues of building and operationalising innovative business models, as well as students exploring the issues of strategic management and the new economy. Furthermore, it will also be of interest to business practitioners–– both entrepreneurs and top managers––who want to be business virtuosos, who can change their organisations and their business models.

Natural resources, and the materials derived from them, represent the physical basis for the economic system. Recent decades have witnessed an unprecedented growth in demand for these resources, which has triggered interest from policy makers in transitioning to a more resource efficient and ...

This book provides a rich overview and takes a closer look at the current state of theory and practice in the field of sustainable business models. The chapters in this book examine and analyze existing and new approaches towards sustainable business models and showcase the implementation of sustainable business through both quantitative and qualitative studies, including several case studies and many practical examples. It approaches these issues from the standpoints of diverse business disciplines to yield new insights and ideas that are relevant from both an academic and professional perspective. In its essence, the book examines how firms’ value creation processes can be driven by sustainability and social responsibility and how this impacts business and society. Readers will find a range of sustainable business models that have been employed and are being pioneered in various industries around the globe – which are thoroughly investigated and discussed, and put into a comprehensive conceptual framework.

To trigger the transformation of businesses towards a Circular Economy, a better understanding of how companies can create and capture value with Circular Business Models is required. This paper addresses the current academic discourse on Circular Business Models with regard to three dimensions. Firstly, this paper aims to discover cross-company and cross-industry patterns within Circular Business Models. Secondly, this paper aims to discover Circular Business Model archetypes based on the recombination of those patterns. Lastly, this paper investigates adoption factors of these business model patterns. A multiple case study analysis of four cases shows that Circular Business Models consist of a recombination of core and support business model patterns. The core business model patterns are determined by the focal intention a company pursues by introducing a circular scheme, whereas the support patterns vary individually from company to company. Consequently, this terminology provides a systematic approach to categorize Circular Business Models across industries. However, Circular Business Model archetypes based on the recombination of business model patterns could not be defined in this paper. The results indicate that profitability enhancements and cost-reductions for customers are major adoption factors. The reduction of the environmental footprint, however, plays only a minor role.

Filling a gap in the current literature, this book addresses the social approach to the design and use of innovative business models in the digital economy. It focuses on three areas that are of increasing importance to businesses and industry today: social issues and sustainability; digitization; and new economic business models, specifically the sharing and circular economies. The authors aim to solve current scientific concerns around the conceptualization and operationalization of social business models, addressing management intentions and the impact of these models on society. Based on observation of social phenomena and the authors' research and practical experience, the book highlights best practices for designing and assessing social business models.

Economic changes in a globalized world require businesses to create new management practices to remain competitive and successful. While a network paradigm is a key management development, the effective application of this paradigm in organizational practice is complicated by differing interpretations and approaches. Therefore, it is important to thoroughly understand the applicable factors and mechanisms to an efficacious business network. Networked Business Models in the Circular Economy provides innovative insights into achieving synergy through the cooperation of many business partners and organizations and adapting operational strategies for the whole network. While highlighting topics such as smart mobility, digital solutions, and green supply chain, this publication is ideally designed for organizational managers, entrepreneurs, economists, management scientists, business analyzers, financial consultants, researchers, and students seeking current research on the dynamical contributions required to achieve mutual growth.

This book focuses on the role of corporations in the transition towards an economy that works more in line with ecological limits. It is centred on business model innovation in the context of the circular economy, which is gaining consensus across business, policy and academic circles by proposing more resource efficient industrial processes. Interest in circular business models is growing within academic and practitioner literature yet the concept is not clearly understood, with potential negative consequences for theory building and practical implementation. Therefore, this book conceptualises circular business models and investigates their theoretical foundations in relation to the rationale for adopting them, drawing on circular economy, business model, strategic management and neo-institutional literature and secondary data.

This book is a printed edition of the Special Issue "Sustainable Business Models" that was published in Sustainability