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Circular Business Models for the Bio-Economy: A Review and New Directions for Future Research
Luleå tekniska universitet, Institutionen för ekonomi, teknik och samhälle, Industriell Ekonomi.ORCID-id: 0000-0002-8939-5509
Luleå tekniska universitet, Institutionen för ekonomi, teknik och samhälle, Industriell Ekonomi. Department of Management, University of Vaasa, Vaasa, Finland.ORCID-id: 0000-0003-3255-414X
Luleå tekniska universitet, Institutionen för ekonomi, teknik och samhälle, Industriell Ekonomi.ORCID-id: 0000-0001-5464-2007
2019 (Engelska)Ingår i: Sustainability, ISSN 2071-1050, E-ISSN 2071-1050, Vol. 11, nr 9, artikel-id 2558Artikel i tidskrift (Refereegranskat) Published
Abstract [en]

Circular and bio-economy represents a political and industrial initiative to ensure that our society can rely on renewable biological sources while achieving economic growth. However, there is a need to critical review how realistic and feasible such initiatives are towards fulfilling the promised benefits of this economy. The literature on bio-economy often discusses the importance of innovative business models and their role in a successful shift to a bio-economy. Still, much of the discussion that is related to circular business models is fragmented and immature. Therefore, the purpose of this study is to conduct a systematic literature review of circular business model activities and the barriers to a bio-economy. Further, this review provides future research directions for a shift to a bio-economy. This study is based on a systematic review of 42 scientific journal articles and book chapters on a forest-based bio-economy. The business model canvas is used to provide a structured aggregation of the existing circular business models activities being used by the forestry sector. In addition, we develop a framework that describes the barriers to bio-economy-based circular business models and suggest new directions for future research. The study highlights the need for alignment among the elements of a business model as a key condition for its successful implementation in a bio-economy

Ort, förlag, år, upplaga, sidor
MDPI, 2019. Vol. 11, nr 9, artikel-id 2558
Nyckelord [en]
bio-economy, circular economy, business models, circular business models, forest, literature review
Nationell ämneskategori
Övrig annan teknik
Forskningsämne
Entreprenörskap och innovation
Identifikatorer
URN: urn:nbn:se:ltu:diva-75076DOI: 10.3390/su11092558ISI: 000469518700106Scopus ID: 2-s2.0-85066949345OAI: oai:DiVA.org:ltu-75076DiVA, id: diva2:1331817
Anmärkning

Validerad;2019;Nivå 2;2019-08-15 (johcin)

Tillgänglig från: 2019-06-27 Skapad: 2019-06-27 Senast uppdaterad: 2019-08-15Bibliografiskt granskad

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Reim, WiebkeParida, VinitSjödin, David

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