Determinants of circular business model adoption—A systematic literature review

Ingvild Reine Assmann, Francesco Rosati*, Sandra Naomi Morioka

*Corresponding author for this work

Research output: Contribution to journalReviewpeer-review

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Abstract

Although the circular economy is considered an avenue to sustainable development, the transition toward circularity is moving slowly. Academic literature has examined how various factors can affect the adoption of circular business models in specific industries and organizational types. However, no research has systematically reviewed the determinants of circular business model adoption. Through a systematic literature review, this study provides a holistic overview of the determining drivers of and barriers to the adoption of circular business models. Building on a sample of 67 journal articles, this study identifies 54 different determinants and classifies them into eight macro categories: culture, regulation, market, strategy, business case, collaboration, operations, and knowledge. The findings can guide policy-makers, researchers, and decision makers across industries in understanding what obstacles to avoid and drivers to employ when they wish to increase circular business model adoption.

Original languageEnglish
JournalBusiness Strategy and the Environment
Volume32
Issue number8
Pages (from-to)6008-6028
ISSN0964-4733
DOIs
Publication statusPublished - 2023

Keywords

  • Barriers
  • Circular business models
  • Circular economy
  • Determinants
  • Drivers
  • Systematic literature review

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