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Leverage of Industrial Engineering Education for Sustainable Manufacturing Read chapter Read first chapter

2017 | OriginalPaper | Chapter

Exploring Disruptive Business Model Innovation for the Circular Economy

Authors : Anna Aminoff, Katri Valkokari, Maria Antikainen, Outi Kettunen

Published in: Sustainable Design and Manufacturing 2017

Publisher: Springer International Publishing

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Abstract

Recently the concept of the Circular Economy (CE) has attracted growing interest as a novel economic model aiming to foster sustainable economic growth, boost global competitiveness, and generate new jobs. A system-wide disruptive innovation shaping new ecosystems and changing the whole process of value creation is needed to tackle the current challenges and transformation to the CE. This paper asks how disruptive business model innovations work as a change mechanism for the CE. The paper develops a conceptual framework for shaping the industrial systems towards CE ecosystems and proposes how value circles and co-creation of value with a variety of partners are crucial aspects in enabling CE. The paper highlights that the concept of value circles would be beneficial in clarifying the difference to linear value chain models and the co-existence of several overlapping value circles.

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previous chapter Digital Redistributed Manufacturing (RdM) Studio: A Data-Driven Approach to Business Model Development
next chapter Business Models for Sustainability: The Case of Repurposing a Second-Life for Electric Vehicle Batteries
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Metadata
Title
Exploring Disruptive Business Model Innovation for the Circular Economy
Authors
Anna Aminoff
Katri Valkokari
Maria Antikainen
Outi Kettunen
Copyright Year
2017
Book
Sustainable Design and Manufacturing 2017

Print ISBN: 978-3-319-57077-8

Electronic ISBN: 978-3-319-57078-5

Copyright Year: 2017

DOI
https://doi.org/10.1007/978-3-319-57078-5_50

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