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Framework for a circular economy business enabled by digital platforms: A review.
- Source :
- Procedia CIRP; 2024, Vol. 122, p783-788, 6p
- Publication Year :
- 2024
-
Abstract
- For decoupling economic growth and environmental impact, current business models must transition toward a circular economy (CE). Currently, CE business models enabled by digital platforms (DPs) are gaining attention; although existing studies provide insights for improving business practices, they do not systematize the knowledge on the composition of such businesses. In this study, a typology of DP-enabled CE businesses is proposed based on a literature review of 64 studies. A framework based on existing typologies was designed and revised based on the review, by integrating 125 practices; four patterns of DP-enabled CE businesses were identified: (A) product circulation, (B) virtualized and intensified usage, (C) efficient and effective recycling, and (D) visualization and collaboration. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 22128271
- Volume :
- 122
- Database :
- Supplemental Index
- Journal :
- Procedia CIRP
- Publication Type :
- Academic Journal
- Accession number :
- 177032624
- Full Text :
- https://doi.org/10.1016/j.procir.2024.01.109