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Circular Business Model Innovation Process: A Literature Review and Future Agenda
Luleå University of Technology, Department of Social Sciences, Technology and Arts, Business Administration and Industrial Engineering.ORCID iD: 0000-0002-8939-5509
Luleå University of Technology, Department of Social Sciences, Technology and Arts, Business Administration and Industrial Engineering.ORCID iD: 0000-0002-7811-4126
2022 (English)Conference paper, Oral presentation only (Other academic)
Abstract [en]

Circular Business Models (CBMs) have been described by many as the instruments needed to help businesses and industries shift into a circular economy. In recent years, a large number of papers has been published on CBMs which provide insights on the transition towards CBMs but a synthesis of the process of CBM innovation is lacking. Thus, the purpose of this study is to conduct a systematic literature review to increase the understanding of the circular business model innovation process. The literature review gathers current knowledge on the process elements of CBM innovation, and the analysis proceeds to structure these insights into a conceptual framework. To identify the relevant literature for this study on CBMs, we conducted a systematic database search in Scopus with the search string TITLE-ABS-KEY “circular business model”. Limited to articles and reviews, this search provided an initial 317 articles. After reviewing the abstracts, 48 papers that provide insights into the CBM innovation process have been selected for a full-text analysis. The study develops a framework that shows activities and components of the CBM innovation process and provides suggestions for future research. This study contributes to the literature on CE transition and supports the CE-practice of optimizing resource use and eliminating waste. Managers can use this study to guide and evaluate their transition process towards CBMs.

Place, publisher, year, edition, pages
2022.
National Category
Business Administration
Research subject
Entrepreneurship and Innovation
Identifiers
URN: urn:nbn:se:ltu:diva-94866OAI: oai:DiVA.org:ltu-94866DiVA, id: diva2:1719963
Conference
29th Innovation and Product Development Management Conference (IPDMC 2022), July 17-19, 2022, Hamburg, Germany
Available from: 2022-12-16 Created: 2022-12-16 Last updated: 2023-02-10Bibliographically approved

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Reim, WiebkeBelkow, Teresa

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CiteExportLink to record
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Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
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  • Other style
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  • de-DE
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  • en-US
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  • html
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  • asciidoc
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