The Circular Economy: A Transformative Service Perspective
(2024) In Journal of Service Research- Abstract
- The rising awareness of climate challenges and resource constraints has strengthened interest in the circular economy (CE), characterized as an economic system aimed to minimize the depletion of the world’s natural resources through processes of value retention and value regeneration. Because CE research originated in the engineering field, studies to date have mostly focused on technical and management-related topics. However, due to increasing demands from customers, investors, governmental institutions, and regulatory bodies, companies are increasingly considering how to effectively implement the CE. Despite its increasing importance, the CE is yet an uncharted area of transformative service research (TSR), and little is known about how... (More)
- The rising awareness of climate challenges and resource constraints has strengthened interest in the circular economy (CE), characterized as an economic system aimed to minimize the depletion of the world’s natural resources through processes of value retention and value regeneration. Because CE research originated in the engineering field, studies to date have mostly focused on technical and management-related topics. However, due to increasing demands from customers, investors, governmental institutions, and regulatory bodies, companies are increasingly considering how to effectively implement the CE. Despite its increasing importance, the CE is yet an uncharted area of transformative service research (TSR), and little is known about how the CE can support change for greater well-being among individuals and collectives. To fill this research gap, we integrate notions of the CE with TSR and research on value co-creation. The purpose of this paper is to expand research on CE and services by taking a TSR perspective to delineate how value retention and regeneration processes for different levels and spheres in services can effect change for greater individual and collective well-being. (Less)
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/7217addf-c12d-4600-934e-e182b11bcaf8
- author
- Sönnichsen, Sönnich Dahl LU ; Jong, Ad de ; Clement, Jesper ; Maull, Roger and Voss, Chris
- organization
- publishing date
- 2024
- type
- Contribution to journal
- publication status
- epub
- subject
- keywords
- Circular economy, Transformative Service Research, Value retention, Value regeneration
- in
- Journal of Service Research
- publisher
- SAGE Publications
- external identifiers
-
- scopus:85183015563
- ISSN
- 1094-6705
- DOI
- 10.1177/10946705241229423
- language
- English
- LU publication?
- yes
- id
- 7217addf-c12d-4600-934e-e182b11bcaf8
- date added to LUP
- 2024-01-24 16:50:08
- date last changed
- 2024-02-19 14:19:44
@article{7217addf-c12d-4600-934e-e182b11bcaf8, abstract = {{The rising awareness of climate challenges and resource constraints has strengthened interest in the circular economy (CE), characterized as an economic system aimed to minimize the depletion of the world’s natural resources through processes of value retention and value regeneration. Because CE research originated in the engineering field, studies to date have mostly focused on technical and management-related topics. However, due to increasing demands from customers, investors, governmental institutions, and regulatory bodies, companies are increasingly considering how to effectively implement the CE. Despite its increasing importance, the CE is yet an uncharted area of transformative service research (TSR), and little is known about how the CE can support change for greater well-being among individuals and collectives. To fill this research gap, we integrate notions of the CE with TSR and research on value co-creation. The purpose of this paper is to expand research on CE and services by taking a TSR perspective to delineate how value retention and regeneration processes for different levels and spheres in services can effect change for greater individual and collective well-being.}}, author = {{Sönnichsen, Sönnich Dahl and Jong, Ad de and Clement, Jesper and Maull, Roger and Voss, Chris}}, issn = {{1094-6705}}, keywords = {{Circular economy; Transformative Service Research; Value retention; Value regeneration}}, language = {{eng}}, publisher = {{SAGE Publications}}, series = {{Journal of Service Research}}, title = {{The Circular Economy: A Transformative Service Perspective}}, url = {{http://dx.doi.org/10.1177/10946705241229423}}, doi = {{10.1177/10946705241229423}}, year = {{2024}}, }