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Characteristics of a circular economy framework to support strategic renewal in manufacturing firms

Research output: Contribution to journalConference articleScientificpeer-review

Details

Original languageEnglish
Pages (from-to)653-658
Number of pages6
JournalProcedia CIRP
Volume81
DOIs
Publication statusPublished - 2019
Publication typeA1 Journal article-refereed
Event52nd CIRP Conference on Manufacturing Systems, CMS 2019 - Ljubljana, Slovenia
Duration: 12 Jun 201914 Jun 2019

Abstract

Circular economy (CE) is one of the most discussed topics in academy and industry. Yet, the vastness of the subject can easily distract the discussions and cause incoherence to CE related plans and solutions. To assist in these challenges several frameworks and conceptual structures have been created. In this paper, we compare different CE frameworks from literature and evaluate their suitability to assist manufacturing companies in their strategic development work that aims for transformations towards CE. As an outcome, we propose synthesized guidelines for developing a CE framework, which would better support firms’ strategic decision-making and growth in CE.

Keywords

  • Business model, Capability development, Circular economy, Strategic development

Publication forum classification

Field of science, Statistics Finland