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Multi-Actor Engagement in Circular Business Model Innovation

(2022)
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Abstract
Researchers, practitioners, and policymakers increasingly engage in transforming existing business models into circular ones that are oriented towards slowing down, narrowing, or closing resource loops and hence reducing the burden on limited natural resources. Against this background, the present research investigates ways to boost actor engagement in circular business model innovation (CBMI). Building on a systematic literature review, we outline four turning points when it relates to engaging actors in CBMI: (1) does the focal actor see the benefits of engaging in CBMI? - cf. expected returns, (2) is the focal actor able to engage in CBMI? – cf. resources, (3) do other actors in their ecosystem show engagement towards CBMI? – cf. institutions, and (4) do other actors in their ecosystem help them to put CBMI into practice? – cf. interactions. Based upon these turning points, we propose different engagement-enhancing strategies for CBMI and elaborate on their implications for researchers, practitioners, and policymakers.
Keywords
actor engagement, circular economy, circular business models, business model innovation, sustainability transition

Citation

Please use this url to cite or link to this publication:

MLA
Verleye, Katrien, et al. Multi-Actor Engagement in Circular Business Model Innovation. 2022.
APA
Verleye, K., Néomie, R., Fernando, L., Boukje, H., Arne, D. K., & Alex, A. (2022). Multi-Actor Engagement in Circular Business Model Innovation. Presented at the EMAC Conference, Budapest.
Chicago author-date
Verleye, Katrien, Raassens Néomie, Lit Fernando, Huijben Boukje, De Keyser Arne, and Alblas Alex. 2022. “Multi-Actor Engagement in Circular Business Model Innovation.” In .
Chicago author-date (all authors)
Verleye, Katrien, Raassens Néomie, Lit Fernando, Huijben Boukje, De Keyser Arne, and Alblas Alex. 2022. “Multi-Actor Engagement in Circular Business Model Innovation.” In .
Vancouver
1.
Verleye K, Néomie R, Fernando L, Boukje H, Arne DK, Alex A. Multi-Actor Engagement in Circular Business Model Innovation. In 2022.
IEEE
[1]
K. Verleye, R. Néomie, L. Fernando, H. Boukje, D. K. Arne, and A. Alex, “Multi-Actor Engagement in Circular Business Model Innovation,” presented at the EMAC Conference, Budapest, 2022.
@inproceedings{8752830,
  abstract     = {{Researchers, practitioners, and policymakers increasingly engage in transforming existing business models into circular ones that are oriented towards slowing down, narrowing, or closing resource loops and hence reducing the burden on limited natural resources. Against this background, the present research investigates ways to boost actor engagement in circular business model innovation (CBMI). Building on a systematic literature review, we outline four turning points when it relates to engaging actors in CBMI: (1) does the focal actor see the benefits of engaging in CBMI? - cf. expected  returns, (2) is the focal actor able to engage in CBMI? – cf. resources, (3) do other actors in their ecosystem show engagement towards CBMI? – cf. institutions, and (4) do other actors in their ecosystem help them to put CBMI into practice? – cf. interactions. Based upon these turning points, we propose different engagement-enhancing strategies for CBMI and elaborate on their implications for researchers, practitioners, and policymakers.}},
  author       = {{Verleye, Katrien and Néomie, Raassens and Fernando, Lit and Boukje, Huijben and Arne, De Keyser and Alex, Alblas}},
  keywords     = {{actor engagement,circular economy,circular business models,business model innovation,sustainability transition}},
  language     = {{und}},
  location     = {{Budapest}},
  title        = {{Multi-Actor Engagement in Circular Business Model Innovation}},
  year         = {{2022}},
}