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Enabling a Circular Economy Through Green Service Strategies

In: Service Innovation and Management

Author

Listed:
  • Klas Hedvall

    (Karlstad University)

  • Lars Witell

    (Karlstad University)

Abstract

Services are key enablers in the transformation toward the circular economy because they provide the prerequisites for sustainable value co-creation. Services in the circular economy include “traditional” offerings such as maintenance and remanufacturing, but also newer types of services in the sharing economy. This chapter discusses three sustainable value co-creation activities in more detail: (1) extending product life, (2) dematerialization, and (3) replacing service systems. It also provides illustrations of services that support sustainable value co-creation and, ultimately, improved environmental sustainability. The chapter concludes by highlighting key challenges for firms and customers involved in sustainable value co-creation activities.

Suggested Citation

Handle: RePEc:spr:fuobcp:978-3-031-76560-5_7
DOI: 10.1007/978-3-031-76560-5_7
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