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Business model innovation for a Circular Economy : Drivers and barriers for the Swedish industry – the voice of REES companies

Mont, Oksana LU ; Plepys, Andrius LU ; Whalen, Katherine LU and Nußholz, Julia L.K. LU (2017)
Abstract
The idea of Circular Economy is gaining a momentum among companies, households and policy makers. In order to support a smooth transition to this idea, new ways of producing and using products and services are needed, which in turn require innovative business models.

Such business models may help companies capitalise on closed resource loops and maintain or improve their competitive position in the world haunted by growing resource scarcity, deteriorating environmental sinks and increasing competition for natural resources.

However, devising business models that operationalise and create a business case for different resource efficiency strategies that close resource loops is not straightforward. Companies in different... (More)
The idea of Circular Economy is gaining a momentum among companies, households and policy makers. In order to support a smooth transition to this idea, new ways of producing and using products and services are needed, which in turn require innovative business models.

Such business models may help companies capitalise on closed resource loops and maintain or improve their competitive position in the world haunted by growing resource scarcity, deteriorating environmental sinks and increasing competition for natural resources.

However, devising business models that operationalise and create a business case for different resource efficiency strategies that close resource loops is not straightforward. Companies in different manufacturing sectors have different drivers, but experience diverse barriers to innovating business models.
This report aims to help supporting the idea of business model innovation for a circular economy among companies in Swedish manufacturing industries and beyond by offering an introduction into the basic concepts and principles of what is called circular business models.

In addition, the report highlights the main drivers and barriers that companies experience when employing circular business models and provides some illustrative ideas and examples for how barriers can be overcome or reduced, while drivers can be enhanced.
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author
organization
publishing date
type
Book/Report
publication status
published
subject
pages
19 pages
publisher
Mistra REES
external identifiers
  • scopus:85018442362
language
English
LU publication?
yes
id
833402ef-b4d4-4541-a10e-34d1e89d2146
date added to LUP
2017-10-27 11:04:37
date last changed
2018-01-07 12:23:49
@techreport{833402ef-b4d4-4541-a10e-34d1e89d2146,
  abstract     = {The idea of Circular Economy is gaining a momentum among companies, households and policy makers. In order to support a smooth transition to this idea, new ways of producing and using products and services are needed, which in turn require innovative business models. <br/><br/>Such business models may help companies capitalise on closed resource loops and maintain or improve their competitive position in the world haunted by growing resource scarcity, deteriorating environmental sinks and increasing competition for natural resources. <br/><br/>However, devising business models that operationalise and create a business case for different resource efficiency strategies that close resource loops is not straightforward. Companies in different manufacturing sectors have different drivers, but experience diverse barriers to innovating business models. <br/>This report aims to help supporting the idea of business model innovation for a circular economy among companies in Swedish manufacturing industries and beyond by offering an introduction into the basic concepts and principles of what is called circular business models.<br/><br/>In addition, the report highlights the main drivers and barriers that companies experience when employing circular business models and provides some illustrative ideas and examples for how barriers can be overcome or reduced, while drivers can be enhanced.<br/>},
  author       = {Mont, Oksana and Plepys, Andrius and Whalen, Katherine and Nußholz, Julia L.K.},
  institution  = {Mistra REES},
  language     = {eng},
  pages        = {19},
  title        = {Business model innovation for a Circular Economy : Drivers and barriers for the Swedish industry – the voice of REES companies},
  year         = {2017},
}