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The Product as a Service Business Model: Performance over Ownership

In: Waste to Wealth

Author

Listed:
  • Peter Lacy
  • Jakob Rutqvist

Abstract

Do people really want to own cars, or would they rather have access to transportation when and where they want it? Does an office manager really care what light bulbs are lighting the office space, or is he or she mainly concerned with providing cost-efficient lighting for workers? Is a consumer really interested in filling his or her cupboard with a cache of clothing, or does he or she simply want to be able to wear fashionable clothes? Increasingly, customers are choosing the latter option: buying a desired function or performance rather than a specific product.

Suggested Citation

  • Peter Lacy & Jakob Rutqvist, 2015. "The Product as a Service Business Model: Performance over Ownership," Palgrave Macmillan Books, in: Waste to Wealth, chapter 0, pages 99-114, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-53070-7_8
    DOI: 10.1057/9781137530707_8
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    Citations

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    Cited by:

    1. Juan Cristóbal Hernández-Arzaba & Sarfraz Nazir & Sandra Nelly Leyva-Hernández & Sanar Muhyaddin, 2022. "Stakeholder Pressure Engaged with Circular Economy Principles and Economic and Environmental Performance," Sustainability, MDPI, vol. 14(23), pages 1-20, December.
    2. Luiz Eduardo Cotta Monteiro & Hugo Miguel Varela Repolho & Rodrigo Flora Calili & Daniel Ramos Louzada & Rafael Saadi Dantas Teixeira & Rodrigo Santos Vieira, 2021. "Optimization of a Mobile Energy Storage Network," Energies, MDPI, vol. 15(1), pages 1-23, December.

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