Circular Economy: New Business Models
Caroline D. Ditlev-Simonsen ()
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Caroline D. Ditlev-Simonsen: BI Norwegian Business School
Chapter 6 in A Guide to Sustainable Corporate Responsibility, 2022, pp 129-148 from Springer
Abstract:
Abstract This chapter begins with an overview of the key challenges faced by society with a linear economy and proceeds to the concept of circular economy, its potential, and associated challenges. Key elements in circular economy will be addressed including issues like “refuse”, “reduce”, reuse”, “refurbish”, and “recycle”. I provide numerous examples to illustrate the different approaches in practice. The role of different stakeholders in the process of achieving a circular economy is discussed. Lastly, the transition from selling products to providing services is addressed.
Keywords: Linear vs circular economy; Design; Waste; Refuse; Reduce; Recycle; Deposit; Product vs service; Regulations; European Union (EU) (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-88203-7_6
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DOI: 10.1007/978-3-030-88203-7_6
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