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GLOBAL IMPLEMENTATION OF CIRCULAR BUSIENSS MODELS – DECISION SUPPORT
Luleå University of Technology, Department of Business Administration, Technology and Social Sciences. (Entreprenörskap och Innovation)ORCID iD: 0000-0002-8939-5509
Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Business Administration and Industrial Engineering.ORCID iD: 0000-0003-3255-414X
Luleå University of Technology, Centre for Management of Innovation and Technology in Process Industry, Promote. Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Business Administration and Industrial Engineering.ORCID iD: 0000-0001-5464-2007
2019 (English)In: Spring Servitization Conference, 2019Conference paper, Published paper (Refereed)
Abstract [en]

Purpose: Circular business models have a huge potential to lead to economic, social and environmental benefits. But in order to archive this it is crucial to reach global implementation. Therefore, the purpose of this paper is to investigate how firms can assess the potential and criteria for implementing circular business models in different global markets.

Design/Methodology/Approach: To reach the stated purpose, we have adopted a quantitative research approach and undertaken 25 explorative interviews in three large Swedish manufacturing companies and their global service network.

Findings: In this paper, a decision support tool to choose the appropriate circular business model for global implementation has been developed that facilitates the first steps towards circular business models implementation. It identifies eleven criteria that should be analysed to decide the appropriate circular business model.

Originality/Value: Circular business models have not yet reached wide implementation. One reason is that they are often presented as one fits all solutions but this is not appropriate for global implementation. Therefore, the decision tree that is developed in this paper helps companies to choose the circular business model that is most appropriate for a specific product in a specific market.

Place, publisher, year, edition, pages
2019.
Keywords [en]
Circular business models, Servitization, Product-Service Systems (PSS), Global markets, Service network, Decision making
National Category
Business Administration
Research subject
Entrepreneurship and Innovation
Identifiers
URN: urn:nbn:se:ltu:diva-74299OAI: oai:DiVA.org:ltu-74299DiVA, id: diva2:1322024
Conference
Spring Servitization Conference
Available from: 2019-06-10 Created: 2019-06-10 Last updated: 2019-09-06

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Parida, VinitSjödin, David

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