From vision to commercialization of a circular economy innovation

This chapter examines firm-level innovation strategy and process that overcome challenges to ensure successful circular economy (CE) innovation, from early vision to global commercialization, supported by the innovator firm’s ecosystem actors. We integrate research knowledge of innovation management...

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Autores principales: Kaipainen, Jenni, Aarikka-Stenroos, Leena
Formato: Online
Lenguaje:inglés
Publicado: Edward Elgar Publishing 2022
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Acceso en línea:https://directory.doabooks.org/handle/20.500.12854/78308
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author Kaipainen, Jenni
Aarikka-Stenroos, Leena
author_browse Aarikka-Stenroos, Leena
Kaipainen, Jenni
author_facet Kaipainen, Jenni
Aarikka-Stenroos, Leena
author_sort Kaipainen, Jenni
collection Directory of Open Access Books
description This chapter examines firm-level innovation strategy and process that overcome challenges to ensure successful circular economy (CE) innovation, from early vision to global commercialization, supported by the innovator firm’s ecosystem actors. We integrate research knowledge of innovation management and the CE, and present an illustrative case study of a radical innovation process for a renewable fuel technology occurring during years 1996-2021. Analysing multisource data with critical incident technique and ecosystem software, we map the challenges, overcoming actions, and diverse actors needed throughout the 25-year innovation process. As our contribution, we provide understanding to how firms can successfully realize sustainable CE innovating processes. This enriches the CE and innovation management literature and gives practical implications to business and technology managers innovating for sustainable business.
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spelling doab-20.500.12854ir-783082022-02-17T08:57:39Z From vision to commercialization of a circular economy innovation Kaipainen, Jenni Aarikka-Stenroos, Leena Circular economy Sustainability Innovation KJD This chapter examines firm-level innovation strategy and process that overcome challenges to ensure successful circular economy (CE) innovation, from early vision to global commercialization, supported by the innovator firm’s ecosystem actors. We integrate research knowledge of innovation management and the CE, and present an illustrative case study of a radical innovation process for a renewable fuel technology occurring during years 1996-2021. Analysing multisource data with critical incident technique and ecosystem software, we map the challenges, overcoming actions, and diverse actors needed throughout the 25-year innovation process. As our contribution, we provide understanding to how firms can successfully realize sustainable CE innovating processes. This enriches the CE and innovation management literature and gives practical implications to business and technology managers innovating for sustainable business. Published 2022-02-17T08:57:37Z 2022-02-17T08:57:37Z 2021-12-17 chapter 9781800373099 9781800373082 https://directory.doabooks.org/handle/20.500.12854/78308 eng image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International http://www.e-elgar.com/shop/isbn/9781800373082 https://www.elgaronline.com/view/edcoll/9781800373082/9781800373082.xml Edward Elgar Publishing 10.4337/9781800373099 10.4337/9781800373099 01ceac28-75b4-492a-8eec-f9b98bc6b28c 9781800373099 9781800373082 Cheltenham, Gloucestershire, UK open access
spellingShingle Circular economy
Sustainability
Innovation
KJD
Kaipainen, Jenni
Aarikka-Stenroos, Leena
From vision to commercialization of a circular economy innovation
title From vision to commercialization of a circular economy innovation
title_full From vision to commercialization of a circular economy innovation
title_fullStr From vision to commercialization of a circular economy innovation
title_full_unstemmed From vision to commercialization of a circular economy innovation
title_short From vision to commercialization of a circular economy innovation
title_sort from vision to commercialization of a circular economy innovation
topic Circular economy
Sustainability
Innovation
KJD
topic_facet Circular economy
Sustainability
Innovation
KJD
url https://directory.doabooks.org/handle/20.500.12854/78308
work_keys_str_mv AT kaipainenjenni fromvisiontocommercializationofacirculareconomyinnovation
AT aarikkastenroosleena fromvisiontocommercializationofacirculareconomyinnovation