How innovations catalyse the circular economy: building a map of circular economy innovation types from a multiple-case study

Technology and business developers are increasingly focusing on innovation development that can improve resource efficiency, which can enable them to pursue competitive advantage through environmental sustainability. The circular economy (CE) needs extensive and diverse innovation that promotes mate...

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Główni autorzy: Engez, Anil, Ranta, Valtteri, Aarikka-Stenroos, Leena
Format: Online
Język:angielski
Wydane: Edward Elgar Publishing 2022
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Dostęp online:https://directory.doabooks.org/handle/20.500.12854/78310
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author Engez, Anil
Ranta, Valtteri
Aarikka-Stenroos, Leena
author_browse Aarikka-Stenroos, Leena
Engez, Anil
Ranta, Valtteri
author_facet Engez, Anil
Ranta, Valtteri
Aarikka-Stenroos, Leena
author_sort Engez, Anil
collection Directory of Open Access Books
description Technology and business developers are increasingly focusing on innovation development that can improve resource efficiency, which can enable them to pursue competitive advantage through environmental sustainability. The circular economy (CE) needs extensive and diverse innovation that promotes material circulation and waste reduction based on reduce-reuse-recycle principles. Therefore, this chapter aims to uncover several types of CE innovations, the sustainability issues they target, and the pursued benefits. It employs an explorative multiple-case analysis strategy and maps 27 innovative CE offerings by various companies. The study develops a detailed categorization of the following main CE innovation types: novel recycled materials (product innovations), sustainable production processes (process innovations), services for lengthening product lifecycles (service innovations), and business models for reusing and sharing products (business model innovations). Such categorization can guide managers in (re-)designing value propositions and business models in line with sustainable development goals.
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spelling doab-20.500.12854ir-783102022-02-17T09:16:01Z How innovations catalyse the circular economy: building a map of circular economy innovation types from a multiple-case study Engez, Anil Ranta, Valtteri Aarikka-Stenroos, Leena Circular economy Innovation KJD Technology and business developers are increasingly focusing on innovation development that can improve resource efficiency, which can enable them to pursue competitive advantage through environmental sustainability. The circular economy (CE) needs extensive and diverse innovation that promotes material circulation and waste reduction based on reduce-reuse-recycle principles. Therefore, this chapter aims to uncover several types of CE innovations, the sustainability issues they target, and the pursued benefits. It employs an explorative multiple-case analysis strategy and maps 27 innovative CE offerings by various companies. The study develops a detailed categorization of the following main CE innovation types: novel recycled materials (product innovations), sustainable production processes (process innovations), services for lengthening product lifecycles (service innovations), and business models for reusing and sharing products (business model innovations). Such categorization can guide managers in (re-)designing value propositions and business models in line with sustainable development goals. Published 2022-02-17T09:15:59Z 2022-02-17T09:15:59Z 2021-12-17 chapter 9781800373082 9781800373099 https://directory.doabooks.org/handle/20.500.12854/78310 eng image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International http://www.e-elgar.com/shop/isbn/9781800373082 https://www.elgaronline.com/view/edcoll/9781800373082/9781800373082.00030.xml Edward Elgar Publishing 10.4337/9781800373099.00026 10.4337/9781800373099.00026 01ceac28-75b4-492a-8eec-f9b98bc6b28c 9781800373082 9781800373099 Cheltenham, Gloucestershire, UK open access
spellingShingle Circular economy
Innovation
KJD
Engez, Anil
Ranta, Valtteri
Aarikka-Stenroos, Leena
How innovations catalyse the circular economy: building a map of circular economy innovation types from a multiple-case study
title How innovations catalyse the circular economy: building a map of circular economy innovation types from a multiple-case study
title_full How innovations catalyse the circular economy: building a map of circular economy innovation types from a multiple-case study
title_fullStr How innovations catalyse the circular economy: building a map of circular economy innovation types from a multiple-case study
title_full_unstemmed How innovations catalyse the circular economy: building a map of circular economy innovation types from a multiple-case study
title_short How innovations catalyse the circular economy: building a map of circular economy innovation types from a multiple-case study
title_sort how innovations catalyse the circular economy building a map of circular economy innovation types from a multiple case study
topic Circular economy
Innovation
KJD
topic_facet Circular economy
Innovation
KJD
url https://directory.doabooks.org/handle/20.500.12854/78310
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