2022
DOI: 10.3390/su14105816
|View full text |Cite
|
Sign up to set email alerts
|

Critical Success Factors for Circular Business Model Innovation from the Perspective of the Sustainable Development Goals

Abstract: Circular business model innovation offers a path for the transformation of companies, enhancing resource productivity and efficiency, while also contributing to sustainable development. These fundamental changes in business are accompanied by a variety of challenges and barriers. To support companies on their journey, only a few studies have investigated the critical success factors for circular business model innovation through literature analysis. To contribute to this research, in this study, a methodologic… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
1
1
1

Citation Types

0
5
0

Year Published

2022
2022
2024
2024

Publication Types

Select...
8

Relationship

0
8

Authors

Journals

citations
Cited by 9 publications
(10 citation statements)
references
References 124 publications
0
5
0
Order By: Relevance
“…The long-term goal of an enterprise should be to maximize enterprise value, and the process of value creation in the traditional economy is entirely from the efforts of the enterprise itself [5]. The rapid development of information technology and network has brought about profound changes in the process of enterprise value creation and realization.…”
Section: Introductionmentioning
confidence: 99%
“…The long-term goal of an enterprise should be to maximize enterprise value, and the process of value creation in the traditional economy is entirely from the efforts of the enterprise itself [5]. The rapid development of information technology and network has brought about profound changes in the process of enterprise value creation and realization.…”
Section: Introductionmentioning
confidence: 99%
“…According to reviewed studies, CESC has been applied to achieve a considerable target of SDGs. One of the strongest connections between CESC and SDGs links is CESC practices to achieve the target of SDG 12 (responsible production and consumption) (Benz, 2022;Trummer, Ammerer, & Scherz, 2022). The previous study discusses the specific target of SDG 12 such as the target of 12.2 which aims to achieve sustainable management and efficient use of natural materials (Trummer et al, 2022).…”
Section: Discussionmentioning
confidence: 99%
“…One of the ways to comply with CESC with SMEs is by circular business model innovation (CBMI). CBMI itself is the combination between innovation and circular economy concepts to enhance resource productivity and efficiency while also considering sustainable development (Benz, 2022;Suchek, Fernandes, Kraus, Filser, & Sjögrén, 2021). However, based on the explored database there is still a small number of previous researches that discuss the CESC practical implementation on SEMs.…”
Section: Discussionmentioning
confidence: 99%
“…These circular capabilities can-like circular knowledge-be nurtured through training and education (Ayati et al 2022), but several studies emphasize the importance of experimenting with CBMs and learning from these experiments to improve or develop new CBMs (Frishammar and Parida 2019). During these experiments, focal actors may benefit from making use of circular tools, methods, and frameworks developed by third parties, such as Design for X (DfX) practices ( Ünal, Urbinati, and Chiaroni 2019) and business model transformation frameworks (Benz 2022). Pooling operand and operant resources through collaboration is another powerful way for the focal actor to increase its circular capabilities (Moggi and Dameri 2021).…”
Section: Empoweringmentioning
confidence: 99%