Experimenting with Circular Business Models—A Process-Oriented Approach

Maria Antikainen; Nancy Bocken

doi:10.1007/978-3-319-97385-2

Experimenting with Circular Business Models—A Process-Oriented Approach

Maria Antikainen, Nancy Bocken

Lund University

Research output: Chapter in Book/Report/Conference proceeding › Chapter or book article › Scientific › peer-review

Abstract

In this chapter, Antikainen and Bocken illustrate how a 5-step circular business model experimentation process model approach can be used. The main challenges across different phases are identified. Based on a case study they identify challenges related to feasibility of the needed technology, environmental challenges and challenges related to the scalability. Also, the collaboration between company and other stakeholders as well as with communication and visibility were identified as relevant challenges. The approach helps organisations to focus on the most relevant issues that are also most prone for challenges during the process offering also very practical tools. To conclude, various future research paths are identified for this new research field.

Original language	English
Title of host publication	Innovation for Sustainability
Subtitle of host publication	Business Transformations Towards a Better World
Editors	Nancy Bocken, Paavo Ritala, Laura Albareda, Robert Verburg
Publisher	Palgrave Macmillan
Pages	353-374
ISBN (Electronic)	978-3-319-97385-2
ISBN (Print)	978-3-319-97384-5
DOIs	https://doi.org/10.1007/978-3-319-97385-2
Publication status	Published - 23 Feb 2019
MoE publication type	A3 Part of a book or another research book

Keywords

sustainability
sustainable business
experimentations
circular economy

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10.1007/978-3-319-97385-2

Cite this

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abstract = "In this chapter, Antikainen and Bocken illustrate how a 5-step circular business model experimentation process model approach can be used. The main challenges across different phases are identified. Based on a case study they identify challenges related to feasibility of the needed technology, environmental challenges and challenges related to the scalability. Also, the collaboration between company and other stakeholders as well as with communication and visibility were identified as relevant challenges. The approach helps organisations to focus on the most relevant issues that are also most prone for challenges during the process offering also very practical tools. To conclude, various future research paths are identified for this new research field.",

keywords = "sustainability, sustainable business, experimentations, circular economy",

author = "Maria Antikainen and Nancy Bocken",

note = "Funding Information: Acknowledgments This research has been conducted as part of the AARRE (Capitalising on Invisible Value—User-Driven Business Models in the Emerging Circular Economy) and CloseLoop projects. The authors would like to express their gratitude to Business Finland, the Technical Research Centre of Finland (VTT), the case companies and other parties involved in the AARRE project as well as to the Strategic Research Council at the Academy of Finland, project CloseLoop (grant number 303453).",

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Experimenting with Circular Business Models—A Process-Oriented Approach. / Antikainen, Maria; Bocken, Nancy.
Innovation for Sustainability: Business Transformations Towards a Better World. ed. / Nancy Bocken; Paavo Ritala; Laura Albareda; Robert Verburg. Palgrave Macmillan, 2019. p. 353-374.

Research output: Chapter in Book/Report/Conference proceeding › Chapter or book article › Scientific › peer-review

TY - CHAP

T1 - Experimenting with Circular Business Models—A Process-Oriented Approach

AU - Antikainen, Maria

AU - Bocken, Nancy

N1 - Funding Information: Acknowledgments This research has been conducted as part of the AARRE (Capitalising on Invisible Value—User-Driven Business Models in the Emerging Circular Economy) and CloseLoop projects. The authors would like to express their gratitude to Business Finland, the Technical Research Centre of Finland (VTT), the case companies and other parties involved in the AARRE project as well as to the Strategic Research Council at the Academy of Finland, project CloseLoop (grant number 303453).

PY - 2019/2/23

Y1 - 2019/2/23

N2 - In this chapter, Antikainen and Bocken illustrate how a 5-step circular business model experimentation process model approach can be used. The main challenges across different phases are identified. Based on a case study they identify challenges related to feasibility of the needed technology, environmental challenges and challenges related to the scalability. Also, the collaboration between company and other stakeholders as well as with communication and visibility were identified as relevant challenges. The approach helps organisations to focus on the most relevant issues that are also most prone for challenges during the process offering also very practical tools. To conclude, various future research paths are identified for this new research field.

AB - In this chapter, Antikainen and Bocken illustrate how a 5-step circular business model experimentation process model approach can be used. The main challenges across different phases are identified. Based on a case study they identify challenges related to feasibility of the needed technology, environmental challenges and challenges related to the scalability. Also, the collaboration between company and other stakeholders as well as with communication and visibility were identified as relevant challenges. The approach helps organisations to focus on the most relevant issues that are also most prone for challenges during the process offering also very practical tools. To conclude, various future research paths are identified for this new research field.

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KW - sustainable business

KW - experimentations

KW - circular economy

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M3 - Chapter or book article

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SP - 353

EP - 374

BT - Innovation for Sustainability

A2 - Bocken, Nancy

A2 - Ritala, Paavo

A2 - Albareda, Laura

A2 - Verburg, Robert

PB - Palgrave Macmillan

ER -

Experimenting with Circular Business Models—A Process-Oriented Approach

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Keywords

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