A systemic logic for circular business models

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dc.contributor.author Fehrer, Julia en
dc.contributor.author Wieland, H en
dc.date.accessioned 2020-04-08T02:30:33Z en
dc.date.issued 2020-02-25 en
dc.identifier.issn 0148-2963 en
dc.identifier.uri http://hdl.handle.net/2292/50269 en
dc.description.abstract While social and circular business models (CBMs) are viewed as important devices to improve humanity’s wellbeing, their adoption rates have been somewhat disappointing. The CBM literature often contributes these low adoption rates to innovation failures of firms and redirects social and circular business models toward a stronger profit-orientation. Much of this work is grounded in a Porterian value chain logic that, arguably, overemphasizes economic goals at the expense of social and sustainability goals. In contrast, this study promotes an institutional perspective that shows that all business practices are part of larger societal and ecological systems, so that a real transition toward sustainability demands joint institutional alignment processes which balance the adaptive tensions between social mission, environmental stewardship and economic growth. We systematically develop five fundamental propositions for a new, institutional CBM framework and, based on these fundamental propositions, discuss an agenda for future research. en
dc.publisher Elsevier en
dc.relation.ispartofseries Journal of Business Research en
dc.rights Items in ResearchSpace are protected by copyright, with all rights reserved, unless otherwise indicated. Previously published items are made available in accordance with the copyright policy of the publisher. en
dc.rights.uri https://researchspace.auckland.ac.nz/docs/uoa-docs/rights.htm en
dc.title A systemic logic for circular business models en
dc.type Journal Article en
dc.identifier.doi 10.1016/j.jbusres.2020.02.010 en
dc.rights.holder Copyright: The author en
dc.rights.accessrights http://purl.org/eprint/accessRights/RestrictedAccess en
pubs.subtype Article en
pubs.elements-id 795786 en
pubs.org-id Business and Economics en
pubs.org-id Graduate School of Management en
dc.identifier.eissn 0148-2963 en
pubs.record-created-at-source-date 2020-03-03 en
pubs.online-publication-date 2020-02-25 en


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