IDEAS home Printed from https://ideas.repec.org/a/bla/bstrat/v33y2024i6p5325-5345.html
   My bibliography  Save this article

Business model innovation through the design of circular product‐service system value propositions: A method proposal

Author

Listed:
  • Sânia da Costa Fernandes
  • Henrique Rozenfeld

Abstract

Circular economy requires rethinking the foundations of business strategy and innovating the business model to incorporate sustainability‐driven capabilities. Value propositions rooted in product‐service system (PSS) holds promise for leading manufacturing companies to circularity. However, an integrated and practical approach crafting circular and service‐based value propositions (herein called as circular PSS) is currently lacking. This study presents a novel method that integrates the domains of circular economy and PSS to enhance the effectiveness of designing circular PSS value propositions in a BMI context. The research methodology is based on three main phases unfolded in empirical research studies, systematic analysis of process models, and expert evaluations. This study consolidates the guiding principles and requirements for effective design of circular PSS value propositions. The pivotal result is a method providing a common and integrated approach to guide how to design value propositions that simultaneously integrate circular strategies and PSS features.

Suggested Citation

  • Sânia da Costa Fernandes & Henrique Rozenfeld, 2024. "Business model innovation through the design of circular product‐service system value propositions: A method proposal," Business Strategy and the Environment, Wiley Blackwell, vol. 33(6), pages 5325-5345, September.
    • Handle: RePEc:bla:bstrat:v:33:y:2024:i:6:p:5325-5345
    DOI: 10.1002/bse.3759
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/bse.3759
    Download Restriction: no
    File URL: https://libkey.io/10.1002/bse.3759?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:bstrat:v:33:y:2024:i:6:p:5325-5345. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1099-0836 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.