Business Models in the Circular Economy and the Enabling Role of Circular Supply Chains
Luciano Batista (),
Michael Bourlakis,
Palie Smart and
Roger Maull
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Luciano Batista: University of Northampton
Michael Bourlakis: Cranfield University
Palie Smart: University of Bristol
Roger Maull: University of Surrey Business School, University of Surrey
Chapter 7 in Operations Management and Sustainability, 2019, pp 105-134 from Springer
Abstract:
Abstract Despite the growing recognition of the benefits promoted by new business initiatives in the circular economy, little is currently understood about the eco-innovative features of the new business models in this context and the enabling role of “circular” supply chains supporting such models. This chapter offers theoretical propositions that describe fundamental features of a circular supply chain archetype in terms of scope, focus and impact. Novel insights lead to a formal definition of circular supply chain and a more coherent foundation for future inquiry and practice. A discussion of key “circularity” aspects of business models provides a practical illustration of both the theoretical concepts addressed in the chapter and real-life business examples of circular economy praxis.
Keywords: Circular economy; Circular supply chains; Restorative capabilities (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-319-93212-5_7
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DOI: 10.1007/978-3-319-93212-5_7
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