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Innovation strategies geared toward the circular economy: A case study of the organic olive-oil industry

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  • Antonino Galati
  • Giorgio Schifani
  • Maria Crescimanno
  • Demetris Vrontis
  • Giuseppina Migliore

Abstract

Circular Economy (CE) focuses on the (re)design of processes and products aiming to minimize negative environmental impact, by reducing the use of non-renewable resources, increasing products durability, improving waste management and enhancing the market for secondary raw materials. In the management field very few contributions deal with the topic of CE as a model that firms can implement from a business model perspective. The aim of the present study is to describe, by using a case study in olive oil industry, how firms in practice adapt their business model towards CE paradigm and the influence of personal drivers and stakeholders in this adaptation. The findings reveal that circular economy is for the firm an important paradigm not only to pursue environmental sustainability but above all to pursue economic sustainability.

Suggested Citation

  • Antonino Galati & Giorgio Schifani & Maria Crescimanno & Demetris Vrontis & Giuseppina Migliore, 2018. "Innovation strategies geared toward the circular economy: A case study of the organic olive-oil industry," RIVISTA DI STUDI SULLA SOSTENIBILITA', FrancoAngeli Editore, vol. 2018(1), pages 137-158.
    • Handle: RePEc:fan:rissri:v:html10.3280/riss2018-001011
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    1. Sarah Stempfle & Domenico Carlucci & Bernardo Corrado de Gennaro & Luigi Roselli & Giacomo Giannoccaro, 2021. "Available Pathways for Operationalizing Circular Economy into the Olive Oil Supply Chain: Mapping Evidence from a Scoping Literature Review," Sustainability, MDPI, vol. 13(17), pages 1-22, August.
    2. Simone Franzò & Andrea Urbinati & Davide Chiaroni & Vittorio Chiesa, 2021. "Unravelling the design process of business models from linear to circular: An empirical investigation," Business Strategy and the Environment, Wiley Blackwell, vol. 30(6), pages 2758-2772, September.
    3. Pereira, Vijay & Nandakumar, M.K. & Sahasranamam, Sreevas & Bamel, Umesh & Malik, Ashish & Temouri, Yama, 2022. "An exploratory study into emerging market SMEs’ involvement in the circular Economy: Evidence from India’s indigenous Ayurveda industry," Journal of Business Research, Elsevier, vol. 142(C), pages 188-199.
    4. Antonino Galati & Maria Crescimanno & Demetris Vrontis & Dario Siggia, 2020. "Contribution to the Sustainability Challenges of the Food-Delivery Sector: Finding from the Deliveroo Italy Case Study," Sustainability, MDPI, vol. 12(17), pages 1-12, August.
    5. Antonio Sánchez-Navarro & Maria del Carmen Salas-Sanjuan & María Arantzazu Blanco-Bernardeau & Juan Antonio Sánchez-Romero & María José Delgado-Iniesta, 2023. "Medium-Term Effect of Organic Amendments on the Chemical Properties of a Soil Used for Vegetable Cultivation with Cereal and Legume Rotation in a Semiarid Climate," Land, MDPI, vol. 12(4), pages 1-17, April.
    6. Muhammad Ashraf Sumrah & Muhammad Jan Leghari & Syed Hamza Mahfooz & Jamil Akhtar & Muhammad Farhan Khan Pasha & Muhammad Ramzan Anser, 2022. "Economical Olive Cultivation by Selection of Suitable Variety in Pothwar Region of Pakistan," Journal of Economic Impact, Science Impact Publishers, vol. 4(3), pages 213-217.
    7. Yamna Erraach & W. Slimi & Mechthild Donner & Ivana Radic & Feliu López-I-Gelats & Judit Manuel-I-Martin & Fatima El Hadad & Sandrine Costa & Taoufik Yatribi, 2021. "Consumer knowledge and perceptions of circular economy in the olive oil sector: a study of Tunisians consumers," Post-Print hal-03346746, HAL.
    8. Melánia Feszterová & Lýdia Porubcová & Anna Tirpáková, 2021. "The Monitoring of Selected Heavy Metals Content and Bioavailability in the Soil-Plant System and Its Impact on Sustainability in Agribusiness Food Chains," Sustainability, MDPI, vol. 13(13), pages 1-24, June.
    9. Abdullah Al Mamun & Kanniga Malar Mohan & Noorshella Che Nawi & Muhammad Mehedi Masud & Rajennd Muniady & Noor Raihani Zainol, 2020. "Environmentally Friendly Business Practices among Low-Income Households in Rural Peninsular Malaysia," Sustainability, MDPI, vol. 12(18), pages 1-18, September.
    10. Andrea Urbinati & Davide Chiaroni & Giovanni Toletti, 2019. "Managing the Introduction of Circular Products: Evidence from the Beverage Industry," Sustainability, MDPI, vol. 11(13), pages 1-12, July.
    11. Piera Centobelli & Roberto Cerchione & Davide Chiaroni & Pasquale Del Vecchio & Andrea Urbinati, 2020. "Designing business models in circular economy: A systematic literature review and research agenda," Business Strategy and the Environment, Wiley Blackwell, vol. 29(4), pages 1734-1749, May.

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