Let's go thrift shopping
Exploring circular business model innovation in fashion retail
Bibliographic Data
| ID | 21402049 |
|---|---|
| Authors | Daniel Hellström (0000-0002-5681-3460, Lund University, corresponding author), John Olsson (0000-0002-9425-7063, Lund University) |
| Year | 2024 |
| Volume | 198 |
| Pages | 123000 |
| Publication date | 2024-01-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Technological Forecasting and Social Change (JOURNAL) |
| Journal identifiers | ISSN: 0040-1625 • E-ISSN: 1873-5509 |
| Publisher | Elsevier BV (PUBLISHER) |
| DOI | 10.1016/j.techfore.2023.123000 |
| OpenAlex | W4388791750 |
| Language | EN |
| Citations received | 5 |
| References cited | 75 |
The circular economy offers promising opportunities for the fashion industry to decouple revenue streams from resource use. To take advantage of these opportunities, this research study investigates circular business model innovation and advances knowledge on what drives such innovation and how this process can be accelerated. In a collaborative setting, we developed and validated a circular business model that supports clothing reuse. Inspired by design science and supported by business model theory, the research reveals that consumer centricity drives circular business model innovation, and logistics services act as a catalyst accelerating this process. These findings provide foresight to support retail transformation toward the circular economy. Thirteen business model-oriented propositions are put forward to elaborate theory
Business · Business model · Business relationship management · Business transformation · Circular economy · Clothing · Electronic business · Futures studies · Industrial organization · Knowledge management · Process (computing) · Resource (disambiguation) · Reuse · Revenue · Computer Science · Engineering · Innovation and Socioeconomic Development · Marketing · Service and Product Innovation · Sustainable Supply Chain Management
Circular economy and big data analytics
Operational principles of circular economy for sustainable development
Business Model Innovation for Sustainability
Circular business models
Product design and business model strategies for a circular economy
Business Model Design and the Performance of Entrepreneurial Firms
Unlocking circular business
Value creation in E‐business
Understanding Customer Experience Throughout the Customer Journey
Circular Business Model Innovation
Knowledge for Theory and Practice
The environmental price of fast fashion
Clarifying the concept of product–service system
A literature and practice review to develop sustainable business model archetypes
A Critical Assessment of Business Model Research
Sustainability transitions
The Circular Economy – A new sustainability paradigm?
A review on circular economy
The Oxford Handbook of Innovation Management
Circular business model innovation in consumer-facing corporations
Future images of data in circular economy for textiles
The interplay of digital transformation and employee competency
Interactive research framework in logistics and supply chain management
Investigating the antecedents of consumer behavioral intention for sustainable fashion products
Commercializing circular economy innovations
Does Environmental Regulation Induce Green Innovation? A Panel Study of Chinese Listed Firms
Business model theory-based prediction of digital technology use
Towards a business analytics capability for the circular economy
The evolution of the digital service ecosystem and digital business model innovation in retail
Circular Economy
Leverage points for sustainability transformation
Mainstreaming solar
| Citations per year | 2.5 |
|---|---|
| Citation span | 2024 - 2026 (3) |
| Highly cited | No |