Matoh, S., Russell, S.V., Roelich, K. orcid.org/0000-0001-6979-5401 et al. (1 more author) (2024) Circular business model innovation and cognitive framing: Addressing the “missing micro”. Business Strategy and the Environment. ISSN 0964-4733
Abstract
Circular business model innovation is an important driver for the implementation of circular economy across industries and has become one of the central research debates in recent years. However, while macro-, meso-, and organizational level factors influencing circular business model innovation have attracted vast research interest, less is known about micro-, individual level factors. The question driving this paper is how do individuals' cognitive frames of sustainability influence their conceptualization of new circular business models? We argue that the notion of cognitive frames can help to address the problem of how individuals respond to new concepts with which they are unfamiliar, such as circular business models. The study is based on a multi-stakeholder project Alpha (anonymized), which involved circular business model innovation for resource recovery from waste. Findings suggest that cognitive frames are of primary importance for sensemaking of circular business models and can influence sustainability aspects considered for value creation, value delivery, and value capture.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2024 The Author(s). This is an open access article under the terms of the Creative Commons Attribution License (CC-BY 4.0), which permits unrestricted use, distribution and reproduction in any medium, provided the original work is properly cited. |
Keywords: | circular business model innovation; circular economy; cognitive frames; multi-stakeholder collaboration; resource recovery from waste; sustainability |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Environment (Leeds) > School of Earth and Environment (Leeds) > Sustainability Research Institute (SRI) (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 10 Dec 2024 12:41 |
Last Modified: | 10 Dec 2024 12:41 |
Status: | Published |
Publisher: | Wiley |
Identification Number: | 10.1002/bse.3938 |
Related URLs: | |
Sustainable Development Goals: | |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:220646 |