InImpact: The Journal of Innovation Impact |
| Publisher |
Future Technology Press |
| Vol. 8 No. 2 |
KES Transactions on SDM II - Sustainable Design and Manufacturing 2015 |
| Volume Editors |
KES International |
| Journal ISSN |
2051-6002 |
| |
| Article Title | Product design and business model strategies for a circular economy |
| Primary Author | Nancy Bocken, University of Cambridge, Department of Engineering, IfM (United Kingdom) |
| Other Author(s) |
Conny Bakker; Ingrid de Pauw
|
| Pages |
277 - 296
|
| Article ID |
sdm15-026 |
| Publication Date |
02-May-16 |
| Abstract | There is a growing need for and interest in the business concept of a circular economy. The move to a circular economy brings with it a range of practical challenges for designers and strategists in businesses that will need to facilitate this transformation from a linear take-make-dispose model to a more circular model. This paper seeks to develop a framework to guide designers and businesses strategists in the move from a linear to a circular economy. The following research question is addressed: What are the product design and business model strategies for businesses that want to move to a circular economy model? Building on Stahel (1994, p. 179) the terminology of slowing, closing and narrowing resource loops is introduced. A list of product design strategies and business model strategies for strategic decision-makers is introduced based on this to facilitate the move to a circular economy. |
| | View Paper |
| Remarks |
Paper presented at KES International Conference on Sustainable Design and Manufacturing, 12-14 April 2015
First date of publication in InImpact: 1 December 2015 |