#4645. Circular business model evolution: Stakeholder matters for a self-sufficient ecosystem

August 2026publication date
Proposal available till 21-05-2025
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Journal’s subject area:
Geography, Planning and Development;
Strategy and Management;
Management, Monitoring, Policy and Law;
Business and International Management;
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More details about the manuscript: Science Citation Index Expanded or/and Social Sciences Citation Index
Abstract:
Food waste is a key issue in the circular economy. A circular ecosystem results from the contributions of various stakeholders; however, the claims and value propositions of these stakeholders can differ, hampering long-term sustainability of the ecosystem. The study examines the conditions that facilitated evolution from a simple project to a circular self-sufficient ecosystem characterised by a co-designed circular business model with a broad range of stakeholders. The results show that sharing people, infrastructure and knowledge, together with mutual trust among stakeholders, are the preconditions of a circular ecosystem. Long-term continuity depends on additional tools that enhance financial self-sufficiency, namely, participative governance, a co-designed circular business model, accountability, frequent engagement, local actions and the development of advocacy power.
Keywords:
action research; circular business model; circular economy; ecosystem; stakeholder theory

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