Exploring disruptive business model innovation for the circular economy

Anna Aminoff; Katri Valkokari; Maria Antikainen; Outi Kettunen

doi:10.1007/978-3-319-57078-5_50

Exploring disruptive business model innovation for the circular economy

Anna Aminoff
, Katri Valkokari
, Maria Antikainen
, Outi Kettunen

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

35 Citations (Scopus)

Abstract

Recently the concept of the Circular Economy (CE) has attracted growing interest as a novel economic model aiming to foster sustainable economic growth, boost global competitiveness, and generate new jobs. A system-wide disruptive innovation shaping new ecosystems and changing the whole process of value creation is needed to tackle the current challenges and transformation to the CE. This paper asks how disruptive business model innovations work as a change mechanism for the CE. The paper develops a conceptual framework for shaping the industrial systems towards CE ecosystems and proposes how value circles and co-creation of value with a variety of partners are crucial aspects in enabling CE. The paper highlights that the concept of value circles would be beneficial in clarifying the difference to linear value chain models and the co-existence of several overlapping value circles.

Original language	English
Title of host publication	Sustainable Design and Manufacturing 2017
Subtitle of host publication	Selected papers on Sustainable Design and Manufacturing
Editors	Robert J. Howlett, Giampaolo Campana, Barbara Cimatti, Rossi Setchi
Publisher	Springer
Pages	525-536
ISBN (Electronic)	978-3-319-57078-5
ISBN (Print)	978-3-319-57077-8
DOIs	https://doi.org/10.1007/978-3-319-57078-5_50
Publication status	Published - 1 Jan 2017
MoE publication type	A4 Article in a conference publication
Event	4th International Conference on Sustainable Design and Manufacturing, SDM 2017 - Bologna, Italy Duration: 26 Apr 2017 → 28 Apr 2017

Publication series

Series	Smart Innovation, Systems and Technologies
Volume	68
ISSN	2190-3018

Conference

Conference	4th International Conference on Sustainable Design and Manufacturing, SDM 2017
Abbreviated title	SDM 2017
Country/Territory	Italy
City	Bologna
Period	26/04/17 → 28/04/17

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 8 Decent Work and Economic Growth
SDG 9 Industry, Innovation, and Infrastructure

Keywords

business ecosystems
business model innovation
circular economy
value circles

Access to Document

10.1007/978-3-319-57078-5_50

Cite this

Aminoff, A., Valkokari, K., Antikainen, M., & Kettunen, O. (2017). Exploring disruptive business model innovation for the circular economy. In R. J. Howlett, G. Campana, B. Cimatti, & R. Setchi (Eds.), Sustainable Design and Manufacturing 2017: Selected papers on Sustainable Design and Manufacturing (pp. 525-536). Springer. https://doi.org/10.1007/978-3-319-57078-5_50

Aminoff, Anna ; Valkokari, Katri ; Antikainen, Maria et al. / Exploring disruptive business model innovation for the circular economy. Sustainable Design and Manufacturing 2017: Selected papers on Sustainable Design and Manufacturing. editor / Robert J. Howlett ; Giampaolo Campana ; Barbara Cimatti ; Rossi Setchi. Springer, 2017. pp. 525-536 (Smart Innovation, Systems and Technologies, Vol. 68).

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title = "Exploring disruptive business model innovation for the circular economy",

abstract = "Recently the concept of the Circular Economy (CE) has attracted growing interest as a novel economic model aiming to foster sustainable economic growth, boost global competitiveness, and generate new jobs. A system-wide disruptive innovation shaping new ecosystems and changing the whole process of value creation is needed to tackle the current challenges and transformation to the CE. This paper asks how disruptive business model innovations work as a change mechanism for the CE. The paper develops a conceptual framework for shaping the industrial systems towards CE ecosystems and proposes how value circles and co-creation of value with a variety of partners are crucial aspects in enabling CE. The paper highlights that the concept of value circles would be beneficial in clarifying the difference to linear value chain models and the co-existence of several overlapping value circles.",

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Aminoff, A, Valkokari, K, Antikainen, M & Kettunen, O 2017, Exploring disruptive business model innovation for the circular economy. in RJ Howlett, G Campana, B Cimatti & R Setchi (eds), Sustainable Design and Manufacturing 2017: Selected papers on Sustainable Design and Manufacturing. Springer, Smart Innovation, Systems and Technologies, vol. 68, pp. 525-536, 4th International Conference on Sustainable Design and Manufacturing, SDM 2017, Bologna, Italy, 26/04/17. https://doi.org/10.1007/978-3-319-57078-5_50

Exploring disruptive business model innovation for the circular economy. / Aminoff, Anna; Valkokari, Katri; Antikainen, Maria et al.
Sustainable Design and Manufacturing 2017: Selected papers on Sustainable Design and Manufacturing. ed. / Robert J. Howlett; Giampaolo Campana; Barbara Cimatti; Rossi Setchi. Springer, 2017. p. 525-536 (Smart Innovation, Systems and Technologies, Vol. 68).

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

TY - GEN

T1 - Exploring disruptive business model innovation for the circular economy

AU - Aminoff, Anna

AU - Valkokari, Katri

AU - Antikainen, Maria

AU - Kettunen, Outi

PY - 2017/1/1

Y1 - 2017/1/1

N2 - Recently the concept of the Circular Economy (CE) has attracted growing interest as a novel economic model aiming to foster sustainable economic growth, boost global competitiveness, and generate new jobs. A system-wide disruptive innovation shaping new ecosystems and changing the whole process of value creation is needed to tackle the current challenges and transformation to the CE. This paper asks how disruptive business model innovations work as a change mechanism for the CE. The paper develops a conceptual framework for shaping the industrial systems towards CE ecosystems and proposes how value circles and co-creation of value with a variety of partners are crucial aspects in enabling CE. The paper highlights that the concept of value circles would be beneficial in clarifying the difference to linear value chain models and the co-existence of several overlapping value circles.

AB - Recently the concept of the Circular Economy (CE) has attracted growing interest as a novel economic model aiming to foster sustainable economic growth, boost global competitiveness, and generate new jobs. A system-wide disruptive innovation shaping new ecosystems and changing the whole process of value creation is needed to tackle the current challenges and transformation to the CE. This paper asks how disruptive business model innovations work as a change mechanism for the CE. The paper develops a conceptual framework for shaping the industrial systems towards CE ecosystems and proposes how value circles and co-creation of value with a variety of partners are crucial aspects in enabling CE. The paper highlights that the concept of value circles would be beneficial in clarifying the difference to linear value chain models and the co-existence of several overlapping value circles.

KW - business ecosystems

KW - business model innovation

KW - circular economy

KW - value circles

UR - https://www.scopus.com/pages/publications/85018442362

U2 - 10.1007/978-3-319-57078-5_50

DO - 10.1007/978-3-319-57078-5_50

M3 - Conference article in proceedings

SN - 978-3-319-57077-8

T3 - Smart Innovation, Systems and Technologies

SP - 525

EP - 536

BT - Sustainable Design and Manufacturing 2017

A2 - Howlett, Robert J.

A2 - Campana, Giampaolo

A2 - Cimatti, Barbara

A2 - Setchi, Rossi

PB - Springer

T2 - 4th International Conference on Sustainable Design and Manufacturing, SDM 2017

Y2 - 26 April 2017 through 28 April 2017

ER -

Aminoff A, Valkokari K, Antikainen M, Kettunen O. Exploring disruptive business model innovation for the circular economy. In Howlett RJ, Campana G, Cimatti B, Setchi R, editors, Sustainable Design and Manufacturing 2017: Selected papers on Sustainable Design and Manufacturing. Springer. 2017. p. 525-536. (Smart Innovation, Systems and Technologies, Vol. 68). doi: 10.1007/978-3-319-57078-5_50

Exploring disruptive business model innovation for the circular economy

Abstract

Publication series

Conference

UN SDGs

Keywords

Access to Document

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Cite this