How companies innovate business models and supply chains for a circular economy: a multiple-case study and framework

Jenni Kaipainen, Andrea Urbinati, Davide Chiaroni, Leena Aarikka-Stenroos

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Abstract

To implement a circular economy (CE), companies are pushed to innovate, respectively, their business models, from a micro-perspective, and their supply chains, from a meso-perspective. Despite the increasing research on both these perspectives, there is still a knowledge gap on how companies innovate business models and supply chains for circularity. In this study, we build on innovation management, circular business model (CBM), and circular supply chain (CSC) literatures and develop a theory-based framework where circularity leads to product/process/service innovation from a micro-perspective, and to possible innovation in companies' supply chains (retaining existing chains/renewing them) from a meso-perspective. Through a multiple-case study of Finnish and Italian CE pioneer companies, we validate this framework, find evidence on interplay between CBM and CSC innovation, and identify innovation strategy variants. The framework contributes to innovation management, CBM, and CSC literature works, and encourages managers willing to adopt circularity to consider innovating simultaneously both their business models and supply chains.

Original languageEnglish
Article number2240024
JournalInternational Journal of Innovation Management
DOIs
Publication statusE-pub ahead of print - 12 Oct 2022
Publication typeA1 Journal article-refereed

Keywords

  • Business model innovation
  • circular business models
  • circular economy
  • circular innovation
  • circular supply chains
  • multiple-case study
  • supply chain innovation
  • sustainable business

Publication forum classification

  • Publication forum level 1

ASJC Scopus subject areas

  • Business and International Management
  • Strategy and Management
  • Management of Technology and Innovation

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