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Managing Circular Business Model Uncertainties with Future Adaptive Design
| Content Provider | MDPI |
|---|---|
| Author | Thomas, Nyström Whalen, Katherine A. Diener, Derek Hollander, Marcel Den Boyer, Robert H. W. |
| Copyright Year | 2021 |
| Description | Designing products that can adapt to changes over time is crucial for managing product-related business risks in circular business models. However, there is limited circular economy research on how product adaptivity can contribute to more circular products and business models, especially in the early phases of business development and design. To address this research gap, this conceptual paper builds on the adaptable design concept and incorporates ideas from research on circular business models and circular design literature. It proposes a framework we collectively term “Future Adaptive Design” to help manage product-related business risks in circular business models and investigates related design strategies for product-based companies aiming to adopt circular business models. |
| Starting Page | 10361 |
| e-ISSN | 20711050 |
| DOI | 10.3390/su131810361 |
| Journal | Sustainability |
| Issue Number | 18 |
| Volume Number | 13 |
| Language | English |
| Publisher | MDPI |
| Publisher Date | 2021-09-16 |
| Access Restriction | Open |
| Subject Keyword | Sustainability Industrial Engineering Circular Economy Product Life Extension Circular Business Model Innovation Circular Product Design Product Obsolescence Business Strategy Adaptability Framework |
| Content Type | Text |
| Resource Type | Article |
