Abstract
Despite the growing recognition of the benefits promoted by new business initiatives in the circular economy, little is currently understood about the eco-innovative features of the new business models in this context and the enabling role of ‘circular’ supply chains supporting such models. This chapter offers theoretical propositions that describe fundamental features of a circular supply chain archetype in terms of scope, focus and impact. Novel insights lead to a formal definition of circular supply chain and a more coherent foundation for future inquiry and practice. A discussion of key ‘circularity’ aspects of business models provides a practical illustration of both the theoretical concepts addressed in the chapter and real-life business examples of circular economy praxis.
| Original language | English |
|---|---|
| Title of host publication | Operations Management and Sustainability |
| Subtitle of host publication | New Research Perspectives |
| Editors | Luitzen de Boer, Poul Andersen |
| Place of Publication | London |
| Publisher | Palgrave Macmillan |
| Chapter | 7 |
| Pages | 105-134 |
| Number of pages | 30 |
| ISBN (Electronic) | 978-3-319-93212-5 |
| ISBN (Print) | 978-3-319-93211-8 |
| DOIs | |
| Publication status | Published - 1 Sept 2019 |
Keywords
- Circular economy
- Circular supply chains
- Restorative capabilities