Circular economy business models: The state of research and avenues ahead

Ferasso, M.; Beliaeva, T.; Kraus, S.; Clauss, T.; Ribeiro-Soriano, D.

doi:10.1002/bse.2554

Circular economy business models: The state of research and avenues ahead

Ferasso, M.; Beliaeva, T.; Kraus, S.; Clauss, T.; Ribeiro-Soriano, D.

Authors

M. Ferasso

T. Beliaeva

S. Kraus

T. Clauss

D. Ribeiro-Soriano

Abstract

This study investigates how the circular economy and business models are related in the current business and management literature. Based on bibliometric analytical procedures, 253 articles were retrieved from the Scopus, Web of Science, and ScienceDirect scientific databases. The articles were analyzed according to network analysis principles, and key terms were mapped into a network. We used VOSviewer to build the network, explore the most‐researched terms and their relationships, and identify less‐explored terms and research gaps. We furthermore conducted a qualitative review of selected publications to provide an illustration of quantitative results and delve deeper into the research topics. The main findings revealed the networks of current topics as they appear in the publications such as business models, the circular economy, circular business models, value, supply chain, transition, resource, waste, and reuse, and their most prevalent relationships. The results also highlighted several emerging topics such as those connected with managerial, supply‐side, demand‐side, networking, performance, and contextual considerations of circular business models.

Citation

Ferasso, M., Beliaeva, T., Kraus, S., Clauss, T., & Ribeiro-Soriano, D. (2020). Circular economy business models: The state of research and avenues ahead. Business Strategy and the Environment, 29(8), 3006-3024. https://doi.org/10.1002/bse.2554

Journal Article Type	Article
Acceptance Date	May 29, 2020
Online Publication Date	Jun 21, 2020
Publication Date	Dec 1, 2020
Deposit Date	May 29, 2020
Publicly Available Date	Jun 24, 2020
Journal	Business Strategy and the Environment
Print ISSN	0964-4733
Publisher	ERP Environment
Peer Reviewed	Peer Reviewed
Volume	29
Issue	8
Pages	3006-3024
DOI	https://doi.org/10.1002/bse.2554
Public URL	https://durham-repository.worktribe.com/output/1263488

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Advance online version © 2020 The Authors. Business Strategy and The Environment published by ERP Environment and John Wiley & Sons Ltd. 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.