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Circular economy business models as resilient complex adaptive systems

De Angelis, Roberta ORCID: https://orcid.org/0000-0002-8324-454X 2022. Circular economy business models as resilient complex adaptive systems. Business Strategy and the Environment 31 (5) , pp. 2245-2255. 10.1002/bse.3019

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Abstract

Broad consensus seems to have emerged on the circular economy as a plausible and desirable solution to build prosperity while respecting ecological boundaries. However, its implementation in industry is slow paced. Whilst the systemic nature of the innovation required and barriers to implementation in complex sustainability transitions partially explain why this is the case, reflecting on the contribution of the growing scholarly literature on circular business models to orient management practice is also relevant. In fact, despite the existence of a fairly voluminous scholarly literature on the subject, practitioners are either uncertain or struggling about how to implement circular economy strategies and models. Using an integrative research approach to theory building and drawing on systems theory, this article proposes a resilient complex adaptive system view of circular business models. The resulting framework is a stepping-stone to overcoming conceptual ambiguities and construct fallacies in the way circular business models are typified.

Item Type: Article
Date Type: Publication
Status: Published
Schools: Business (Including Economics)
Additional Information: This is an open access article under the terms of the Creative Commons Attribution License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited.
Publisher: ERP Environment
ISSN: 0964-4733
Date of First Compliant Deposit: 25 February 2022
Date of Acceptance: 9 February 2022
Last Modified: 04 May 2023 22:38
URI: https://orca.cardiff.ac.uk/id/eprint/147809

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