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Circular business model evolution: Stakeholder matters for a self‐sufficient ecosystem

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  • Sara Moggi
  • Renata Paola Dameri

Abstract

Food waste is a key issue in the circular economy. A circular ecosystem results from the contributions of various stakeholders; however, the claims and value propositions of these stakeholders can differ, hampering long‐term sustainability of the ecosystem. This study analyses the case of RiCibo, a circular ecosystem based in Genoa, Italy. RiCibo collects surplus food and redistributes it to the needy in the local community. The study examines the conditions that facilitated RiCibo’s evolution from a simple project to a circular self‐sufficient ecosystem characterised by a co‐designed circular business model with a broad range of stakeholders. The results show that sharing people, infrastructure and knowledge, together with mutual trust among stakeholders, are the preconditions of a circular ecosystem. Long‐term continuity depends on additional tools that enhance financial self‐sufficiency, namely, participative governance, a co‐designed circular business model, accountability, frequent engagement, local actions and the development of advocacy power.

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  • Sara Moggi & Renata Paola Dameri, 2021. "Circular business model evolution: Stakeholder matters for a self‐sufficient ecosystem," Business Strategy and the Environment, Wiley Blackwell, vol. 30(6), pages 2830-2842, September.
    • Handle: RePEc:bla:bstrat:v:30:y:2021:i:6:p:2830-2842
    DOI: 10.1002/bse.2716
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    2. Sun, Qiao & Wang, Chang & Zhou, Yifang & Zuo, Lyushui & Song, Huiling, 2023. "How to build business ecosystems for e-waste online recycling platforms: A comparative study of two typical cases in China," Technological Forecasting and Social Change, Elsevier, vol. 190(C).
    3. Phemelo Tamasiga & Taghi Miri & Helen Onyeaka & Abarasi Hart, 2022. "Food Waste and Circular Economy: Challenges and Opportunities," Sustainability, MDPI, vol. 14(16), pages 1-30, August.
    4. Sara Moggi & Paul Pierce & Nicole Bernardi, 2022. "From sustainability to thrivability: A novel framework for entrepreneurial ecosystems," International Entrepreneurship and Management Journal, Springer, vol. 18(2), pages 829-853, June.
    5. Luca Fraccascia & Ilaria Giannoccaro & Abhishek Agarwal & Erik G. Hansen, 2021. "Business models for the circular economy: Empirical advances and future directions," Business Strategy and the Environment, Wiley Blackwell, vol. 30(6), pages 2741-2744, September.
    6. Marco Antonio Paula Pinheiro & Daniel Jugend & Ana Beatriz Lopes de Sousa Jabbour & Charbel Jose Chiappetta Jabbour & Hengky Latan, 2022. "Circular economy‐based new products and company performance: The role of stakeholders and Industry 4.0 technologies," Business Strategy and the Environment, Wiley Blackwell, vol. 31(1), pages 483-499, January.
    7. David Meyer & Nils Schaupensteiner & Johannes Riquel, 2024. "Business Models and Ecosystems in the Circular Economy Using the Example of Battery Second Use Storage Systems," Sustainability, MDPI, vol. 16(5), pages 1-25, February.
    8. Mariarosaria Lombardi & Marco Costantino, 2021. "A Hierarchical Pyramid for Food Waste Based on a Social Innovation Perspective," Sustainability, MDPI, vol. 13(9), pages 1-16, April.
    9. Elizaveta Averina & Johan Frishammar & Vinit Parida, 2022. "Assessing sustainability opportunities for circular business models," Business Strategy and the Environment, Wiley Blackwell, vol. 31(4), pages 1464-1487, May.
    10. Sanjay Chaudhary & Puneet Kaur & Hind Alofaysan & Jantje Halberstadt & Amandeep Dhir, 2023. "Connecting the dots? Entrepreneurial ecosystems and sustainable entrepreneurship as pathways to sustainability," Business Strategy and the Environment, Wiley Blackwell, vol. 32(8), pages 5935-5951, December.

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