A Taxonomy Framework for Circular Business Model Patterns from the Perspective of Circular Economy Strategies

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VARES SEYED HAMED; Mohammadian Ayoub; Heidary Dahooie Jalil; KHAJEHEIAN DATIS

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Journal: JOURNAL OF BUSINESS MANAGEMENT Year:2022 | Volume:14 | Issue:1 Page(s): 65-93

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Information Journal Paper

Title

A Taxonomy Framework for Circular Business Model Patterns from the Perspective of Circular Economy Strategies

Author(s)

VARES SEYED HAMED | Mohammadian Ayoub | Heidary Dahooie Jalil | KHAJEHEIAN DATIS | Issue Writer Certificate

Keywords

Circular Business Model Patterns

Taxonomy framework

Strategy

Circular economy

Abstract

Objective Circular business models are a good solution to the problems of current linear business models that cause excessive waste generation and resource scarcity. They also provide a good opportunity for businesses to gain a competitive advantage, obtain economic benefits and reduce environmental damage. To implement Circular economy strategies at the business level and create a framework for better design of circular business models, the purpose of this paper is to propose a framework for identifying and classifying Circular Business Model Patterns that align with Circular economy strategies. Methodology In this research, a qualitative method was applied. Sandelowski and Barros 7-step meta-synthesis method was used to identify circular business models and Nickerson taxonomy development method was used to classify Circular Business Model Patterns. Findings This study drew up a comprehensive list of 29 Circular Business Model Patterns including their name, definition, and example(s). It also proposed a comprehensive Taxonomy framework for Circular Business Model Patterns based on the Circular economy strategies. Under this framework, 11 dimensions for classifying 29 business model patterns were identified, including patterns for 1) dematerialization, 2) consumption efficiency, 3) circular supplies, 4) optimal production, 5) reverse and optimal logistics, 6) long-life products, 7) extending the products and parts life cycle, 8) extending materials life cycle, 9) extending resource life cycle, 10) actors of main activities in the circular value network, and 11) facilitators of activities in the circular value network. Conclusion First, the current research identified various types of Circular Business Model Patterns for the development of businesses based on a Circular economy. Second, by creating a framework for classifying strategies and circular business models, it showed how to make strategies and circular business models attuned. The results of this study can help companies that intend to implement Circular economy strategies in their business to identify and apply appropriate circular business models. It should be noted that the Strategy of the circular value network and the patterns of the circular business model based on it, which indicate various methods of cooperation between the actors of the circular value network, were introduced for the first time in the research.

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APA: Copy

VARES, SEYED HAMED, Mohammadian, Ayoub, Heidary Dahooie, Jalil, & KHAJEHEIAN, DATIS. (2022). A Taxonomy Framework for Circular Business Model Patterns from the Perspective of Circular Economy Strategies. JOURNAL OF BUSINESS MANAGEMENT, 14(1 ), 65-93. SID. https://sid.ir/paper/1032682/en

Vancouver: Copy

VARES SEYED HAMED, Mohammadian Ayoub, Heidary Dahooie Jalil, KHAJEHEIAN DATIS. A Taxonomy Framework for Circular Business Model Patterns from the Perspective of Circular Economy Strategies. JOURNAL OF BUSINESS MANAGEMENT[Internet]. 2022;14(1 ):65-93. Available from: https://sid.ir/paper/1032682/en

IEEE: Copy

SEYED HAMED VARES, Ayoub Mohammadian, Jalil Heidary Dahooie, and DATIS KHAJEHEIAN, “A Taxonomy Framework for Circular Business Model Patterns from the Perspective of Circular Economy Strategies,” JOURNAL OF BUSINESS MANAGEMENT, vol. 14, no. 1 , pp. 65–93, 2022, [Online]. Available: https://sid.ir/paper/1032682/en

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