For the transition to a more circular economy,it is important to know how the cycling of resources will affect value creation of businesses (Ellen MacArthur Foundation, 2013). Key business model strategies that are identified by Bocken et al. (2016) that fit the approach of slowing and closing resource cycles are ‘Extending product value’and‘Extending resource value’. In these strategies,the residual value of products or resources is exploited by turning otherwise wasted product (parts) or materials into new forms of value.
|Number of pages||4|
|Publication status||Published - 21 Jun 2017|
|Event||2nd International Conference on New Business Models: Exploring a changing view on organizing value creation: Developing New Business Models - Graz, Austria|
Duration: 20 Jun 2017 → 23 Jun 2017
|Conference||2nd International Conference on New Business Models|
|Period||20/06/17 → 23/06/17|