Business model innovation for circular economy: integrating literature and practice into a conceptual process model

Marina de Pádua Pieroni; Tim McAloone; Daniela  Pigosso

doi:10.1017/dsi.2019.258

Business model innovation for circular economy: integrating literature and practice into a conceptual process model

Marina de Pádua Pieroni^*, Tim McAloone, Daniela Pigosso

^*Corresponding author for this work

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

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Abstract

A key question regarding business model innovation/development for circular economy is ?how to make it happen in practice"? By systematically reviewing 92 approaches from circular economy and sustainability literature and practice, this research identifies requirements and proposes a holistic and systemic process for business model innovation for circular economy. This conceptual process model was consolidated based on the integration of the unique elements of sixteen existing process models. It comprises three-stages (sense, seize, transform) based on a dynamic capabilities view, and envisions 33 activities, 21 deliverables, 88 techniques/tools and 13 enablers or catalyzers for change. Besides enabling the view of processes and procedures with behavior and learning skills required to inspire circular economy thinking in business model innovation, it highlights the importance of 'formalized' decision-making procedures and includes activities to integrate sustainability thinking and to support the identification of required changes in product innovation/development.

Original language	English
Title of host publication	Proceedings of the Design Society: 22nd International Conference on Engineering Design (ICED19)
Editors	Sandro Wartzack, Benjamin Schleich
Publisher	Cambridge University Press
Publication date	2019
Pages	2517-2526
DOIs	https://doi.org/10.1017/dsi.2019.258
Publication status	Published - 2019
Event	22nd International Conference on Engineering Design (ICED19) - Delft, Netherlands Duration: 5 Aug 2019 → 8 Aug 2019

Conference

Conference	22nd International Conference on Engineering Design (ICED19)
Country/Territory	Netherlands
City	Delft
Period	05/08/2019 → 08/08/2019

Series	Proceedings of the International Conference on Engineering Design
Number	DS94
ISSN	2220-4342

Bibliographical note

This is an Open Access article, distributed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives licence (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is unaltered and is properly cited. The written permission of Cambridge University Press must be obtained for commercial re-use or in order to create a derivative work.

Keywords

Circular economy
Sustainability
Business models and considerations
Process model

UN SDGs

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

Access to Document

10.1017/dsi.2019.258

Pieroni et al 2019 business model innovation for circular economy integrating literature and practice into a conceptual process model PUBLISHEDFinal published version, 1.26 MB

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Full text

CIRCit: Circular Economy Integration in the Nordic Industry for enhanced sustainability and competitiveness
McAloone, T. C. (PI), Pigosso, D. C. A. (Project Manager), Blomsma, F. (Project Participant), Pieroni, M. (PhD Student), Kravchenko, M. (PhD Student), Frederiksen, T. B. (Project Participant), Jönbrink, A.-K. (Project Participant), Hildenbrand, J. (Project Participant), Dahlström, J. (Project Participant), Shahbazi, S. (Project Participant), Li, J. (Project Participant), Kristoffersen, E. (PhD Student), Li, Z. (Project Participant), Wiik, C. (Project Participant) & Nielsen, K. D. (Project Participant)
01/02/2017 → 31/12/2020
Project: Research

ICED Outstanding Presentation Award
de Pádua Pieroni, M. (Recipient), McAloone, T. C. (Recipient) & Pigosso, D. C. A. (Recipient), 8 Aug 2019
Prize: Prizes, scholarships, distinctions

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de Pádua Pieroni, M., McAloone, T., & Pigosso, D. (2019). Business model innovation for circular economy: integrating literature and practice into a conceptual process model. In S. Wartzack, & B. Schleich (Eds.), Proceedings of the Design Society: 22nd International Conference on Engineering Design (ICED19) (pp. 2517-2526). Cambridge University Press. https://doi.org/10.1017/dsi.2019.258

de Pádua Pieroni, Marina ; McAloone, Tim ; Pigosso, Daniela . / Business model innovation for circular economy: integrating literature and practice into a conceptual process model. Proceedings of the Design Society: 22nd International Conference on Engineering Design (ICED19). editor / Sandro Wartzack ; Benjamin Schleich. Cambridge University Press, 2019. pp. 2517-2526 (Proceedings of the International Conference on Engineering Design; No. DS94).

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de Pádua Pieroni, M , McAloone, T & Pigosso, D 2019, Business model innovation for circular economy: integrating literature and practice into a conceptual process model. in S Wartzack & B Schleich (eds), Proceedings of the Design Society: 22nd International Conference on Engineering Design (ICED19). Cambridge University Press, Proceedings of the International Conference on Engineering Design, no. DS94, pp. 2517-2526, 22nd International Conference on Engineering Design (ICED19), Delft, Netherlands, 05/08/2019. https://doi.org/10.1017/dsi.2019.258

Business model innovation for circular economy: integrating literature and practice into a conceptual process model. / de Pádua Pieroni, Marina ; McAloone, Tim ; Pigosso, Daniela .
Proceedings of the Design Society: 22nd International Conference on Engineering Design (ICED19). ed. / Sandro Wartzack; Benjamin Schleich. Cambridge University Press, 2019. p. 2517-2526 (Proceedings of the International Conference on Engineering Design; No. DS94).

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

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AB - A key question regarding business model innovation/development for circular economy is ?how to make it happen in practice"? By systematically reviewing 92 approaches from circular economy and sustainability literature and practice, this research identifies requirements and proposes a holistic and systemic process for business model innovation for circular economy. This conceptual process model was consolidated based on the integration of the unique elements of sixteen existing process models. It comprises three-stages (sense, seize, transform) based on a dynamic capabilities view, and envisions 33 activities, 21 deliverables, 88 techniques/tools and 13 enablers or catalyzers for change. Besides enabling the view of processes and procedures with behavior and learning skills required to inspire circular economy thinking in business model innovation, it highlights the importance of 'formalized' decision-making procedures and includes activities to integrate sustainability thinking and to support the identification of required changes in product innovation/development.

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KW - Sustainability

KW - Business models and considerations

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ER -

de Pádua Pieroni M , McAloone T , Pigosso D. Business model innovation for circular economy: integrating literature and practice into a conceptual process model. In Wartzack S, Schleich B, editors, Proceedings of the Design Society: 22nd International Conference on Engineering Design (ICED19). Cambridge University Press. 2019. p. 2517-2526. (Proceedings of the International Conference on Engineering Design; No. DS94). doi: 10.1017/dsi.2019.258

Business model innovation for circular economy: integrating literature and practice into a conceptual process model

Abstract

Conference

Bibliographical note

Keywords

UN SDGs

Access to Document

OpenUrl availability

Fingerprint

Projects

CIRCit: Circular Economy Integration in the Nordic Industry for enhanced sustainability and competitiveness

Prizes

ICED Outstanding Presentation Award

Cite this