Product design and business model strategies for a circular economy
(2016) In Journal of Industrial and Production Engineering 33(5). p.308-320- Abstract
The transition within business from a linear to a circular economy brings with it a range of practical challenges for companies. The following question is addressed: What are the product design and business model strategies for companies that want to move to a circular economy model? This paper develops a framework of strategies to guide designers and business strategists in the move from a linear to a circular economy. Building on Stahel, the terminology of slowing, closing, and narrowing resource loops is introduced. A list of product design strategies, business model strategies, and examples for key decision-makers in businesses is introduced, to facilitate the move to a circular economy. This framework also opens up a future... (More)
The transition within business from a linear to a circular economy brings with it a range of practical challenges for companies. The following question is addressed: What are the product design and business model strategies for companies that want to move to a circular economy model? This paper develops a framework of strategies to guide designers and business strategists in the move from a linear to a circular economy. Building on Stahel, the terminology of slowing, closing, and narrowing resource loops is introduced. A list of product design strategies, business model strategies, and examples for key decision-makers in businesses is introduced, to facilitate the move to a circular economy. This framework also opens up a future research agenda for the circular economy.
(Less)
- author
- Bocken, Nancy M.P. LU ; de Pauw, Ingrid ; Bakker, Conny and van der Grinten, Bram
- organization
- publishing date
- 2016-07-03
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- Circular business model, circular design, circularity, closed loop, sustainability
- in
- Journal of Industrial and Production Engineering
- volume
- 33
- issue
- 5
- pages
- 13 pages
- publisher
- Taylor & Francis
- external identifiers
-
- scopus:84975267199
- ISSN
- 2168-1015
- DOI
- 10.1080/21681015.2016.1172124
- language
- English
- LU publication?
- yes
- id
- ef1f6f30-faa8-4f68-bfed-983287c5f7a3
- date added to LUP
- 2018-04-11 10:59:28
- date last changed
- 2022-04-25 06:21:36
@article{ef1f6f30-faa8-4f68-bfed-983287c5f7a3,
abstract = {{<p>The transition within business from a linear to a circular economy brings with it a range of practical challenges for companies. The following question is addressed: What are the product design and business model strategies for companies that want to move to a circular economy model? This paper develops a framework of strategies to guide designers and business strategists in the move from a linear to a circular economy. Building on Stahel, the terminology of slowing, closing, and narrowing resource loops is introduced. A list of product design strategies, business model strategies, and examples for key decision-makers in businesses is introduced, to facilitate the move to a circular economy. This framework also opens up a future research agenda for the circular economy.</p>}},
author = {{Bocken, Nancy M.P. and de Pauw, Ingrid and Bakker, Conny and van der Grinten, Bram}},
issn = {{2168-1015}},
keywords = {{Circular business model; circular design; circularity; closed loop; sustainability}},
language = {{eng}},
month = {{07}},
number = {{5}},
pages = {{308--320}},
publisher = {{Taylor & Francis}},
series = {{Journal of Industrial and Production Engineering}},
title = {{Product design and business model strategies for a circular economy}},
url = {{http://dx.doi.org/10.1080/21681015.2016.1172124}},
doi = {{10.1080/21681015.2016.1172124}},
volume = {{33}},
year = {{2016}},
}