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Circular Economy: Effects on Business Model Components - A single case study in the building industry

Nilsson, Annie LU and Wagenführ, Julian LU (2020) ENTN39 20201
Department of Business Administration
Abstract
In a modern-day circular economy context, there is a dire need for companies all over the world
to change and adapt their business model from linear to circular. This thesis is thus dedicated to
deepening the understanding of business models in circular transition, by looking at effects on the
specific business model components: value proposition, value creation and delivery, and value
capture (as defined by Richardson, 2008). The research question reads: What are the intermediate
effects of a circular transition on business model components?

Key relevant research streams include strategy and business modelling, business model
development as well as circular development and circular business modelling theory. The study is
a... (More)
In a modern-day circular economy context, there is a dire need for companies all over the world
to change and adapt their business model from linear to circular. This thesis is thus dedicated to
deepening the understanding of business models in circular transition, by looking at effects on the
specific business model components: value proposition, value creation and delivery, and value
capture (as defined by Richardson, 2008). The research question reads: What are the intermediate
effects of a circular transition on business model components?

Key relevant research streams include strategy and business modelling, business model
development as well as circular development and circular business modelling theory. The study is
a qualitative, abductive single case study where semi-structured interview data was collected and
analysed using Gioia, Corley and Hamilton’s (2012) approach to grounded theory development.

The study concludes that all business model components are affected, to a varying extent, by
circular development, where circularity can be summarized as having an intermediate add-on
effect to the business model. Circularity becomes an add-on to the value proposition, is an
intermediate cost in value capture and leads to changes in resources, capabilities, activities and the
network in value creation and delivery. (Less)
Please use this url to cite or link to this publication:
author
Nilsson, Annie LU and Wagenführ, Julian LU
supervisor
organization
course
ENTN39 20201
year
type
H1 - Master's Degree (One Year)
subject
keywords
Circular economy, business model, business model components, business model adaptation, contextual factors
language
English
id
9013879
date added to LUP
2020-06-25 16:05:16
date last changed
2020-06-25 16:05:16
@misc{9013879,
  abstract     = {{In a modern-day circular economy context, there is a dire need for companies all over the world
to change and adapt their business model from linear to circular. This thesis is thus dedicated to
deepening the understanding of business models in circular transition, by looking at effects on the
specific business model components: value proposition, value creation and delivery, and value
capture (as defined by Richardson, 2008). The research question reads: What are the intermediate
effects of a circular transition on business model components?

Key relevant research streams include strategy and business modelling, business model
development as well as circular development and circular business modelling theory. The study is
a qualitative, abductive single case study where semi-structured interview data was collected and
analysed using Gioia, Corley and Hamilton’s (2012) approach to grounded theory development.

The study concludes that all business model components are affected, to a varying extent, by
circular development, where circularity can be summarized as having an intermediate add-on
effect to the business model. Circularity becomes an add-on to the value proposition, is an
intermediate cost in value capture and leads to changes in resources, capabilities, activities and the
network in value creation and delivery.}},
  author       = {{Nilsson, Annie and Wagenführ, Julian}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Circular Economy: Effects on Business Model Components - A single case study in the building industry}},
  year         = {{2020}},
}