Global Implementation of Circular Busienss Models – Decision Support
2019 (English)In: Proceedings of the Spring Servitization Conference Delivering Services Growth in the Digital Era: Spring Servitization Conference 2019 13 - 15 May 2019, Linköping, Sweden. / [ed] Ali Bigdeli; Christian Kowalowski; Daniel Kindström; Tim Baines, Aston University , 2019, p. 227-235Conference 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
Aston University , 2019. p. 227-235
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 2019, Linköping, Sweden, May 13-15, 2019
Note
ISBN för värdpublikation: 978-1-85449-463-4
2019-06-102019-06-102025-10-22Bibliographically approved