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Product design and business model strategies for a circular economy


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Authors

Bocken, NMP 
de Pauw, I 
Bakker, C 
van der Grinten, B 

Abstract

© 2016 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group. The transition within business from a linear to a circular economy brings with it a range of practical challenges for companies. The following question is addressed: What are the product design and business model strategies for companies that want to move to a circular economy model? This paper develops a framework of strategies to guide designers and business strategists in the move from a linear to a circular economy. Building on Stahel, the terminology of slowing, closing, and narrowing resource loops is introduced. A list of product design strategies, business model strategies, and examples for key decision-makers in businesses is introduced, to facilitate the move to a circular economy. This framework also opens up a future research agenda for the circular economy.

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Keywords

circular business model, circular design, circularity, sustainability, closed loop

Journal Title

Journal of Industrial and Production Engineering

Conference Name

Journal ISSN

2168-1015
2168-1023

Volume Title

33

Publisher

Informa UK Limited
Sponsorship
Part of this work was supported by ResCoM, which is co-funded by the European Union under EU Seventh Framework Programme (FP7), Grant agreement number: 603843. We would like to thank the ResCoM team for their support and encouraging discussions on the topic of the circular economy.