scholarly journals How Do Companies Collaborate for Circular Oriented Innovation?

2020 ◽  
Vol 12 (4) ◽  
pp. 1648 ◽  
Author(s):  
Phil Brown ◽  
Nancy Bocken ◽  
Ruud Balkenende
Keyword(s):  
Circular Economy ◽  
Open Innovation ◽  
Business Models ◽  
Incremental Innovation ◽  
Future Research ◽  
Case Research ◽  
Collaborative Innovation ◽  
Systemic Innovation ◽  
Systemic Nature ◽  
Business To Business

Collaborative innovation is necessary to explore and implement circular economy strategies. Yet, empirical investigations into such collaborations are scarce. It is unclear whether the circular context creates differences or represents adaptions within how collaborative innovation is conducted. We draw upon strategic management and open innovation literature to highlight what is known about collaborative innovation and the types of innovation conducted. We use these insights to investigate explorative qualitative case research into how practitioners in the Netherlands have conducted collaborative circular oriented innovation. Our findings show that open innovation criteria can aid our understanding and analysis. Key managerial considerations relate to the incremental or systemic nature of the innovation pursued, which induce different collaborative projects and knowledge management structures. For incremental innovation, we observe phases of collaboration, whereas for more systemic innovation, we observe a more collaborative portfolio and layered approach. Furthermore, the more radical innovation pursuits that explore slowing or recovery strategies, especially beyond business-to-business arrangements, challenge companies. A crucial challenge remains related to how to develop and assess collaborative and system-oriented business models in the transition towards a circular economy. Finally, future research is needed to assess whether the current modes of collaborative innovation are sufficient to deliver a circular economy transition.

Empowerment of SMEs Through Open Innovation Strategies

2011 ◽  
Vol 3 (3) ◽  
pp. 42-57
Author(s):  
Hakikur Rahman ◽  
Isabel Ramos
Keyword(s):  
Open Innovation ◽  
Business Processes ◽  
Strategy Management ◽  
Innovation Strategy ◽  
Future Research ◽  
Doing Business ◽  
Collaborative Innovation ◽  
Adoption Of Innovation ◽  
Contextual Framework ◽  
Innovation Strategies

Adoption of innovation strategies in entrepreneurship is an age old phenomenon, but inclusion of open innovation or collaborative innovation strategies in the business processes is a newly evolved concept. By far, most research reveals that the majority of successful global ventures are adopting open innovation strategies in their business proceedings. However, despite their contribution to entrepreneurship and national economy, the small and medium scale enterprises (SMEs) are well below the expectation level in terms of acquiring this newly emerged trend of doing business. Moreover, not much research is being conducted to investigate SMEs potencies, expectations, delivery channels and intricacies around the adoption, nourishment and dissemination of open innovation strategies. This research proposes a contextual framework leading to an operational framework to explore the lifecycle of open innovation strategy management activities focusing technology transfer (inbounds or outwards). It discusses a few issues on future research in empowering SMEs through utilization of open innovation strategies.

scholarly journals How to Carry out the Transition towards a More Circular Tourist Activity in the Hotel Sector. The Role of Innovation

2019 ◽  
Vol 9 (2) ◽  
pp. 47 ◽  
Author(s):  
Carmen Florido ◽  
Marta Jacob ◽  
Margarita Payeras
Keyword(s):  
Circular Economy ◽  
Business Models ◽  
Design Guidelines ◽  
Future Research ◽  
Tourism Destination ◽  
Circular Model ◽  
Tourism Sector ◽  
Great Pressure ◽  
Hotel Sector

Tourism causes important environmental impacts and can generate great pressure on local resources, such as land, water, energy and food, generating large amounts of waste, as well as problems of congestion, noise and air pollution. The circular economy is presented as an alternative model to the linear model, which recognizes the fundamental role of the environment, its functions and the interaction between the environment and the economic system. The hotel sector and the tourism sector in general, have been criticized for not adequately addressing environmental problems and global warming. In order to carry out the transition to a circular economy (CE), it is essential to innovate in business models, designing a circular business model. The objective of this work is to design guidelines on possible actions and opportunities that allow us to carry out a successful transition towards a circular model in hotel companies, as well as to design a model for this transition in a tourism destination, analyzing the roles of the different agents in this transition. Findings identified the main opportunities and benefits of this transition in the hotel sector and describes a three-axis model to carry out this transition in a tourism destination, identifying the roles of public administrations and DMOs, resident population and the tourism sector. Future research implications are also discussed.

Circular Economy and Circular Business Models in the Actual Global Ecological Context

2020 ◽  
pp. 178-197
Author(s):  
Dana Maria (Oprea) Constantin ◽  
Sorinel Căpușneanu ◽  
Dan Ioan Topor ◽  
Hassan Danial Aslam
Keyword(s):  
Sustainable Development ◽  
Circular Economy ◽  
Business Models ◽  
Future Research ◽  
Successful Implementation ◽  
Ecological Context ◽  
The Sustainable Development ◽  
Theoretical Approaches ◽  
The Difference ◽  
The Impact

This chapter aims to synthesize some of the current issues of the circular economy and circular business models. Based on the international literature, the chapter highlights aspects such as the conceptual theoretical approaches of the circular economy and circular business models, interconnecting the principles of the circular economy, the difference between the linear and the circular economy, the circular economy and the sustainable development, the supply chain within the circular economy, possible business models of the circular economy, advantages and limitations in the successful implementation of the circular economy and supporting sustainability, other aspects of the circular economy and sustainability. The covered topics are based on the studies conducted by specialists and also present some author opinions on the sustainable development and circular economy. The chapter ends with the authors' conclusions on the impact of the circular economy and circular business models in the actual ecological context, launching possible future research topics for specialists.

scholarly journals Mapping the interactions between the stakeholders of the circular economy ecosystem applied to the textile and apparel sector in Romania

2018 ◽  
Vol 13 (4) ◽  
pp. 1190-1209 ◽  
Author(s):  
Daniela Staicu ◽  
Oana Pop
Keyword(s):  
Circular Economy ◽  
Online Survey ◽  
Social Impact ◽  
Business Models ◽  
Theoretical Background ◽  
Future Research ◽  
Social Entrepreneurs ◽  
Sustainable Solutions ◽  
Textile And Apparel ◽  
The Way

Abstract The goal of this research is to acknowledge the elements which hinder or facilitate the transition from linear to the circular economy in the textile and apparel sector in Romania by identifying current and desired interactions among the ecosystem’s stakeholders. Two strands of literature, one on circular economy and one on the textile and apparel sector, provide the theoretical background for this research. Currently, the way we design, produce, and use clothing has drawbacks that are becoming increasingly clear. The circular economy principles have the potential to transform the way textiles are produced, consumed and disposed of. More and more social entrepreneurs are pioneering the future of the apparel industry by offering sustainable solutions to tackling systemic problems. However, their efforts have to be elevated and amplified, as such to pave the way for creating business models that allow for both economic performance and social impact. A comprehensive mapping of ongoing activities and stakeholders in the textile and apparel sector in Romania is required to understand the roadblocks to industry transformation in the context of moving toward circular economy and to implement envisioned sustainable solutions. In the paper we used a database of 27 stakeholders, developed by applying the snowball method, to investigate current and future interactions between the main actors who operate in the textile and apparel sector. To meet its research objectives, the paper employed a phenomenological research design and built upon a workshop activity. First, we designed an online survey to understand the profile and knowledge of the circular economy of the stakeholders included in our database. Second, we employed the world café method to understand in depth the level of knowledge of the actors who attended the workshop on the circular economy in the textile and apparel sector. Third, we used the structural systemic constellations method in assessing the stakeholders’ current and future desired interactions. Last, we formulated conclusions and recommendations about future research needed to deepen the understanding of the circular economy in the textile and apparel sector. Findings showed that there is a vicious circle of different actions feeding isolation and preventing collaboration among stakeholders. Also, we found that there is a lack of collaborative spaces where stakeholders can meet, connect and explore the various opportunities to collaborate, and a lack of general awareness on “circular economy and textile and apparel” and its mechanisms. The intended audiences of the research are decision-makers and practitioners in the textile and apparel sector, as well as researchers focused on the circular economy.

scholarly journals TOWARDS CRYSTALLIZING CIRCULAR BUSINESS MODELS: A CRITICAL ANALYSIS OF LITERATURE

2020 ◽  
Vol 15 (6) ◽  
pp. 175-194
Author(s):  
AGNIESZKA KARMAN ◽  
Keyword(s):  
Business Model ◽  
Circular Economy ◽  
Critical Analysis ◽  
Business Models ◽  
Value Chains ◽  
Future Research ◽  
Value Proposition ◽  
Related Research ◽  
Research Questions ◽  
The Creation

Circular Economy (CE) can be promoted and supported by the creation of new and innovative business models which embed CE principles into organisations’ value chains. This paper provides a review of approaches to the circular business model (CBM). We conducted a literature review, including content analysis, and examined publications (51 papers) on circular business models published in English in peerreviewed journals. Our objective was to provide an overview and systematize the stateof-the-art in CE-oriented business model approaches. The following research questions were posed in relation to the objective: Which sub-processes and components are included in the Circular Business Models (CBM)? Which CBM archetypes have already been established? Which strategies and other factors support the creation/ transformation of the CBM? The results of the studies were presented in five areas encompassing the following: 1) development (including the methodologies of development and transformation), value proposition, creation and delivery, 2) CBM archetypes, 3) circular strategies, 4) the determinants of development and transformation of business models for CE. The paper contributes to the improved understanding of circular business models. It consolidates related research by offering an overarching conceptual framework. It also points to the directions of future research.

scholarly journals Assessment of Circular Economy within Portuguese Organizations

2018 ◽  
Vol 10 (7) ◽  
pp. 2521 ◽  
Author(s):  
Luis Fonseca ◽  
José Domingues ◽  
Maria Pereira ◽  
Florinda Martins ◽  
Dominik Zimon
Keyword(s):  
Circular Economy ◽  
Quantitative Research ◽  
Online Survey ◽  
Business Models ◽  
Environmental Management System ◽  
Future Research ◽  
Sustainable Business ◽  
Wide Range ◽  
New Business ◽  
The Status

The move towards a new Circular Economy (CE) economic model has been advocated and supported in Portugal, however, there is limited research on this topic. To address this gap, a quantitative research based on an online survey was carried out among 99 Portuguese organizations, encompassing a wide range of sectors and sizes. The results show that CE is regarded as a strategic and relevant issue for profitability and value creation. Furthermore, the perception that it requires the adoption of new business models in addition to the classical “reduce, reuse and recycle” approach is growing. Moreover, based on the hypotheses raised, results suggest that the level of CE adoption is positively impacted by the status of the EMS (Environmental Management System) certification and the willingness to improve the environmental performance and achieve a sustainable business model. However, CE activities are still relatively modest and a friendlier context (fiscal, legal, organizational, etc.) and the stronger support from supply chain agents and consumers are required. Future research should focus on how to design and shape the transition from a linear to a CE economy and to ascertain if the positive attitude towards CE is materialized in changing the way business is done.

Digitisation and Sustainable Development: The Opportunities and Risks of Using Digital Technologies for the Implementation of a Circular Economy

2021 ◽  
Vol 7 (1) ◽  
pp. 17-23
Author(s):  
Benjamin Kottmeyer
Keyword(s):  
Sustainable Development ◽  
Circular Economy ◽  
Business Models ◽  
Research Question ◽  
Digital Technologies ◽  
Theory And Practice ◽  
Social Outcomes ◽  
Social Progress ◽  
Future Research ◽  
Critical Social

Digitisation is developing a transformational potential that is profoundly changing people, our societies and the planet. Like any major societal transformation, it offers both, significant opportunities for progress and significant risks with harmful consequences for societies. This paper, therefore, addresses the question: ‘What are the critical social outcomes and concerns flowing from the advances in digitisation on our work environment?’ To discuss the broad research question in sufficient depth, this paper focuses not only on specific critical social outcomes of digitisation but also on how some of them can be mitigated by combining digital tools with the concept of a circular economy (representing the abstract idea of sustainable development). The implementation of blockchain technologies and new business models shows that digital technologies have the potential to close the realisation gap between theory and practice of the circular economy concept by enhancing the information flow and the communication between stakeholders in the value chain. Nonetheless, the implementation of these technologies also entails social and economic risks, such as power abuse or regulatory arbitrage, which should be considered in advance. To avoid jeopardising digital innovations, future research should therefore develop a more holistic and interdisciplinary understanding of the complex interactions to exploit the potential of digitisation for social progress.

scholarly journals STRUCTURAL DECOMPOSING OF INNOVATIONS AND INVESTMENTS PROJECTS

2019 ◽  
pp. 80-87
Author(s):  
S. V. Firova ◽  
O. V. Kalinina ◽  
S. E. Barykin
Keyword(s):  
Conceptual Framework ◽  
Open Innovation ◽  
Business Models ◽  
Rate Of Return ◽  
Investment Projects ◽  
Factors Influencing ◽  
Systemic Nature

The article is devoted to the study of the process of investing and planning innovative projects. A systematization of a variety of factors influencing business models and investment aspects of innovative investment projects in their stepwise (iterative) reflection is given. Specialattention is given to the classification of innovations, a matrix of types of innovations has been developed in the process of analysis. A conceptual framework for structuring innovation and investment activities has been proposed with the goal of generalized systematization of the stages and factors of structuring innovation and investment projects. The thesis on the systemic nature of open innovation is argued and principles for evaluating the effectiveness of innovative investment projects are proposed. In the course of the study, a model for the distribution of investment sources was developed, taking into account the planned rate of return.

Sustainable open innovation to address a grand challenge

2020 ◽  
Vol 122 (5) ◽  
pp. 1505-1517 ◽  
Author(s):  
Marcel Bogers ◽  
Henry Chesbrough ◽  
Robert Strand
Keyword(s):  
Open Innovation ◽  
Business Models ◽  
Business Case ◽  
Lessons Learned ◽  
Future Research ◽  
Grand Challenge ◽  
Content Type ◽  
The Face ◽  
Innovation Approach ◽  
Sustainability Program

PurposeThis paper describes the case of how the Danish beer manufacturer, Carlsberg, developed the Green Fiber Bottle as part of its sustainability program through an open innovation approach in collaboration with complementary partners. It thereby illustrates how a grand challenge associated with sustainability can be effectively addressed through open innovation and reveals the opportunities and challenges that emerge in that context.Design/methodology/approachThe paper summarizes some key elements of the case and, in particular, discusses some of the lessons learned, which can be further explored in future research, practice, and policy.FindingsThe case suggests a number of key issues that are relevant when attempting to address grand challenges, in general, and sustainability in the food and beverage (F&B) industry, in particular, namely: leveraging open innovation in the face of sustainability as a grand challenge; sustainability beyond a solid business case; opportunities and challenges in the face of new business models; the importance of early wins for addressing societal challenges for signals and scaling; and the importance of the Nordic context and long-term vision.Originality/valueThe case describes a recent (and to some extent still ongoing) initiative of how a particular F&B company has explored new approaches to developing its sustainability program. Therefore, it highlights some of the unique characteristics of this case. This paper also lays the groundwork for the establishment of “Sustainable Open Innovation” as a domain in its own right.

scholarly journals Innovation in the 21st Century: Architectural Change, Purpose, and the Challenges of Our Time

2020 ◽  
Author(s):  
Rebecca Henderson
Keyword(s):  
21St Century ◽  
Management Science ◽  
Incremental Innovation ◽  
Future Research ◽  
Special Issue ◽  
Social Challenges ◽  
Architectural Change ◽  
65Th Anniversary ◽  
Systemic Innovation ◽  
Organizational Purpose

Understanding the process of innovation has been a central concern of management researchers, but despite this progress, there remains much that we do not understand. Deepening our knowledge is critically important given the enormous environmental and social challenges we face as a society. Pursing incremental innovation will continue to be hugely important, but this paper argues that building a richer understanding of architectural or systemic innovation will also be crucial. This paper suggests that the study of organizational purpose may provide a particularly fruitful avenue for future research. This paper has been accepted by David Simchi Levi for the Special Issue of Management Science: 65th Anniversary.

Sign in / Sign up

Export Citation Format

Share Document