IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v13y2021i18p10361-d636918.html
   My bibliography  Save this article

Managing Circular Business Model Uncertainties with Future Adaptive Design

Author

Listed:
  • Thomas Nyström

    (Sustainable Business Unit, RISE Research Institutes of Sweden AB, Lindholmspiren 3A, 417 56 Gothenburg, Sweden)

  • Katherine A. Whalen

    (Sustainable Business Unit, RISE Research Institutes of Sweden AB, Lindholmspiren 3A, 417 56 Gothenburg, Sweden)

  • Derek Diener

    (Sustainable Business Unit, RISE Research Institutes of Sweden AB, Lindholmspiren 3A, 417 56 Gothenburg, Sweden)

  • Marcel den Hollander

    (Marcel den Hollander Circular Design Consulting and Research, 2264 KP Leidschendam, The Netherlands)

  • Robert H. W. Boyer

    (Sustainable Business Unit, RISE Research Institutes of Sweden AB, Lindholmspiren 3A, 417 56 Gothenburg, Sweden)

Abstract

Designing products that can adapt to changes over time is crucial for managing product-related business risks in circular business models. However, there is limited circular economy research on how product adaptivity can contribute to more circular products and business models, especially in the early phases of business development and design. To address this research gap, this conceptual paper builds on the adaptable design concept and incorporates ideas from research on circular business models and circular design literature. It proposes a framework we collectively term “Future Adaptive Design” to help manage product-related business risks in circular business models and investigates related design strategies for product-based companies aiming to adopt circular business models.

Suggested Citation

  • Thomas Nyström & Katherine A. Whalen & Derek Diener & Marcel den Hollander & Robert H. W. Boyer, 2021. "Managing Circular Business Model Uncertainties with Future Adaptive Design," Sustainability, MDPI, vol. 13(18), pages 1-18, September.
  • Handle: RePEc:gam:jsusta:v:13:y:2021:i:18:p:10361-:d:636918
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/13/18/10361/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/13/18/10361/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Julia L. K. Nußholz, 2017. "Circular Business Models: Defining a Concept and Framing an Emerging Research Field," Sustainability, MDPI, vol. 9(10), pages 1-16, October.
    2. Quan-Hoang Vuong, 2021. "The semiconducting principle of monetary and environmental values exchange," Economics and Business Letters, Oviedo University Press, vol. 10(3), pages 284-290.
    3. Charles J. Whalen & Katherine A. Whalen, 2020. "Circular Economy Business Models: A Critical Examination," Journal of Economic Issues, Taylor & Francis Journals, vol. 54(3), pages 628-643, July.
    4. Eric Korpi & Timo Ala-Risku, 2008. "Life cycle costing: a review of published case studies," Managerial Auditing Journal, Emerald Group Publishing, vol. 23(3), pages 240-261, March.
    5. Nancy Bocken & Lars Strupeit & Katherine Whalen & Julia Nußholz, 2019. "A Review and Evaluation of Circular Business Model Innovation Tools," Sustainability, MDPI, vol. 11(8), pages 1-25, April.
    6. Joan Manuel F. Mendoza & Maria Sharmina & Alejandro Gallego-Schmid & Graeme Heyes & Adisa Azapagic, 2017. "Integrating Backcasting and Eco-Design for the Circular Economy: The BECE Framework," Journal of Industrial Ecology, Yale University, vol. 21(3), pages 526-544, June.
    7. Peter Galvin & Andre Morkel, 2001. "Modularity On Industry Structure: The Case Of The World The Effect Of Product Bicycle Industry," Industry and Innovation, Taylor & Francis Journals, vol. 8(1), pages 31-47.
    8. Walter R. Stahel, 2010. "The Performance Economy," Palgrave Macmillan Books, Palgrave Macmillan, edition 2, number 978-0-230-27490-7.
    9. Marcel C. Hollander & Conny A. Bakker & Erik Jan Hultink, 2017. "Product Design in a Circular Economy: Development of a Typology of Key Concepts and Terms," Journal of Industrial Ecology, Yale University, vol. 21(3), pages 517-525, June.
    10. Gianmarco Bressanelli & Federico Adrodegari & Marco Perona & Nicola Saccani, 2018. "Exploring How Usage-Focused Business Models Enable Circular Economy through Digital Technologies," Sustainability, MDPI, vol. 10(3), pages 1-21, February.
    11. Mariale Moreno & Carolina De los Rios & Zoe Rowe & Fiona Charnley, 2016. "A Conceptual Framework for Circular Design," Sustainability, MDPI, vol. 8(9), pages 1-15, September.
    12. Walter R. Stahel, 2010. "The Performance Economy," Palgrave Macmillan Books, Palgrave Macmillan, edition 0, number 978-0-230-28884-3.
    13. Marcus Linder & Mats Williander, 2017. "Circular Business Model Innovation: Inherent Uncertainties," Business Strategy and the Environment, Wiley Blackwell, vol. 26(2), pages 182-196, February.
    14. Maria Raimondo & Francesco Caracciolo & Luigi Cembalo & Gaetano Chinnici & Biagio Pecorino & Mario D’Amico, 2018. "Making Virtue Out of Necessity: Managing the Citrus Waste Supply Chain for Bioeconomy Applications," Sustainability, MDPI, vol. 10(12), pages 1-20, December.
    15. Dubois, Anna & Gadde, Lars-Erik, 2002. "Systematic combining: an abductive approach to case research," Journal of Business Research, Elsevier, vol. 55(7), pages 553-560, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Saskia Manshoven & Jeroen Gillabel, 2021. "Learning through Play: A Serious Game as a Tool to Support Circular Economy Education and Business Model Innovation," Sustainability, MDPI, vol. 13(23), pages 1-25, November.
    2. Deborah Sumter & Jotte de Koning & Conny Bakker & Ruud Balkenende, 2021. "Key Competencies for Design in a Circular Economy: Exploring Gaps in Design Knowledge and Skills for a Circular Economy," Sustainability, MDPI, vol. 13(2), pages 1-15, January.
    3. Okechukwu Okorie & Fiona Charnley & Jennifer Russell & Ashutosh Tiwari & Mariale Moreno, 2021. "Circular business models in high value manufacturing: Five industry cases to bridge theory and practice," Business Strategy and the Environment, Wiley Blackwell, vol. 30(4), pages 1780-1802, May.
    4. Maria Rosa De Giacomo & Raimund Bleischwitz, 2020. "Business models for environmental sustainability: Contemporary shortcomings and some perspectives," Business Strategy and the Environment, Wiley Blackwell, vol. 29(8), pages 3352-3369, December.
    5. Alessio Franconi & Fabrizio Ceschin & David Peck, 2022. "Structuring Circular Objectives and Design Strategies for the Circular Economy: A Multi-Hierarchical Theoretical Framework," Sustainability, MDPI, vol. 14(15), pages 1-26, July.
    6. Nancy Bocken & Lars Strupeit & Katherine Whalen & Julia Nußholz, 2019. "A Review and Evaluation of Circular Business Model Innovation Tools," Sustainability, MDPI, vol. 11(8), pages 1-25, April.
    7. Marina P. P. Pieroni & Tim C. McAloone & Daniela C. A. Pigosso, 2019. "Configuring New Business Models for Circular Economy through Product–Service Systems," Sustainability, MDPI, vol. 11(13), pages 1-22, July.
    8. Daniela M. Salvioni & Alex Almici, 2020. "Transitioning Toward a Circular Economy: The Impact of Stakeholder Engagement on Sustainability Culture," Sustainability, MDPI, vol. 12(20), pages 1-30, October.
    9. Johannes Matschewsky, 2019. "Unintended Circularity?—Assessing a Product-Service System for its Potential Contribution to a Circular Economy," Sustainability, MDPI, vol. 11(10), pages 1-27, May.
    10. Animesh Ghosh & Prabha Bhola & Uthayasankar Sivarajah, 2022. "Emerging Associates of the Circular Economy: Analysing Interactions and Trends by a Mixed Methods Systematic Review," Sustainability, MDPI, vol. 14(16), pages 1-41, August.
    11. Aurelija Burinskienė & Olga Lingaitienė & Artūras Jakubavičius, 2022. "Core Elements Affecting the Circularity of Materials," Sustainability, MDPI, vol. 14(14), pages 1-21, July.
    12. Kristoffersen, Eivind & Mikalef, Patrick & Blomsma, Fenna & Li, Jingyue, 2021. "Towards a business analytics capability for the circular economy," Technological Forecasting and Social Change, Elsevier, vol. 171(C).
    13. Armaghan Chizaryfard & Paolo Trucco & Cali Nuur, 2021. "The transformation to a circular economy: framing an evolutionary view," Journal of Evolutionary Economics, Springer, vol. 31(2), pages 475-504, April.
    14. Kristoffersen, Eivind & Mikalef, Patrick & Blomsma, Fenna & Li, Jingyue, 2021. "The effects of business analytics capability on circular economy implementation, resource orchestration capability, and firm performance," International Journal of Production Economics, Elsevier, vol. 239(C).
    15. Marcos Ferasso & Tatiana Beliaeva & Sascha Kraus & Thomas Clauss & Domingo Ribeiro‐Soriano, 2020. "Circular economy business models: The state of research and avenues ahead," Business Strategy and the Environment, Wiley Blackwell, vol. 29(8), pages 3006-3024, December.
    16. Jing Shao, 2019. "Sustainable consumption in China: New trends and research interests," Business Strategy and the Environment, Wiley Blackwell, vol. 28(8), pages 1507-1517, December.
    17. Cristina Sousa Rocha & Paula Antunes & Paulo Partidário, 2023. "Design for Circular Economy in a Strong Sustainability Paradigm," Sustainability, MDPI, vol. 15(24), pages 1-30, December.
    18. Knošková Ľubica, 2020. "Circular Design and Consumer Involvement in Circular Economy," Studia Commercialia Bratislavensia, Sciendo, vol. 13(43), pages 25-34, March.
    19. Luigi Fusco Girard & Marilena Vecco, 2021. "The “Intrinsic Value” of Cultural Heritage as Driver for Circular Human-Centered Adaptive Reuse," Sustainability, MDPI, vol. 13(6), pages 1-28, March.
    20. Massimiliano Borrello & Stefano Pascucci & Luigi Cembalo, 2020. "Three Propositions to Unify Circular Economy Research: A Review," Sustainability, MDPI, vol. 12(10), pages 1-22, May.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:13:y:2021:i:18:p:10361-:d:636918. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.