TY - JOUR
T1 - Determinants of circular business model adoption—A systematic literature review
AU - Assmann, Ingvild Reine
AU - Rosati, Francesco
AU - Morioka, Sandra Naomi
N1 - Publisher Copyright:
© 2023 The Authors. Business Strategy and The Environment published by ERP Environment and John Wiley & Sons Ltd.
PY - 2023
Y1 - 2023
N2 - 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.
AB - 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.
KW - Barriers
KW - Circular business models
KW - Circular economy
KW - Determinants
KW - Drivers
KW - Systematic literature review
U2 - 10.1002/bse.3470
DO - 10.1002/bse.3470
M3 - Review
AN - SCOPUS:85162721017
SN - 0964-4733
VL - 32
SP - 6008
EP - 6028
JO - Business Strategy and the Environment
JF - Business Strategy and the Environment
IS - 8
ER -