Artificial intelligence capabilities for circular business models: Research synthesis and future agenda
Luleå University of Technology · University of South-Eastern Norway · +4 more institutions
Abstract
This study explores the interlink between AI capabilities and circular business models (CBMs) through a literature review. Extant literature reveals that AI can act as efficiency catalyst, empowering firms to implement CBM. However, the journey to harness AI for CBM is fraught with challenges as firms grapple with the lack of sophisticated processes and routines to tap into AI's potential. The fragmented literature leaves a void in understanding the barriers and development pathways for AI capabilities in CBM contexts. Bridging this gap, adopting a capabilities perspective, this review intricately brings together four pivotal capabilities: integrated intelligence capability, process automation and augmentation…
Citation impact
- FWCI
- 54.44
- Percentile
- 100%
- References
- 122
Authors
4- AMArun MadanaguliCorresponding
Luleå University of Technology
- DSDavid Sjödin
Luleå University of Technology, University of South-Eastern Norway
- VPVinit Parida
Luleå University of Technology, University of South-Eastern Norway, SINTEF, SINTEF Digital
- PMPatrick Mikalef
Norwegian University of Science and Technology, University of Vaasa
Topics & keywords
- Orchestration
- Extant taxon
- Computer science
- Bridging (networking)
- Knowledge management
- Automation
- Process management
- Dynamic capabilities
- Industry, innovation and infrastructure