Product design and business model strategies for a circular economy
University of Cambridge · Delft University of Technology
Abstract
The transition within business from a linear to a circular economy brings with it a range of practical challenges for companies. The following question is addressed: What are the product design and business model strategies for companies that want to move to a circular economy model? This paper develops a framework of strategies to guide designers and business strategists in the move from a linear to a circular economy. Building on Stahel, the terminology of slowing, closing, and narrowing resource loops is introduced. A list of product design strategies, business model strategies, and examples for key decision-makers in businesses is introduced, to facilitate the move to a circular economy. This framework…
Citation impact
- FWCI
- 269.08
- Percentile
- 100%
- References
- 48
Authors
4Topics & keywords
- Circular economy
- Product (mathematics)
- Terminology
- Business model
- Closing (real estate)
- Business
- Resource (disambiguation)
- Product design