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Leveraging Digital Platforms for Circular Economy: A Value Creation View.

Authors :
Wu, Huifang
Li, Suicheng
Hou, Wenjing
Zhang, Xinyi
Source :
Sustainability (2071-1050); Dec2024, Vol. 16 Issue 24, p11180, 20p
Publication Year :
2024

Abstract

The practical role of digital platforms in fostering a circular economy (CE) among businesses remains unresolved. Unlike previous research on digital platforms and firm performance, this study analyzes the bridging function of the value creation system from a value creation perspective. It identifies resources (business model innovation) and relationships with other value creators (closed-loop supply chains) as key elements for achieving CE. Using survey data from 243 firms, this study validates the significant roles of business model innovation and closed-loop supply chains in mediating the relationship of digital platforms to achieve CE. This narrows the theoretical gap and expands value creation-based CE research. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
20711050
Volume :
16
Issue :
24
Database :
Complementary Index
Journal :
Sustainability (2071-1050)
Publication Type :
Academic Journal
Accession number :
181911469
Full Text :
https://doi.org/10.3390/su162411180