TY - JOUR
T1 - Innovation strategies geared toward the circular economy
T2 - A case study of the organic olive-oil industry
AU - Galati, Antonino
AU - Schifani, Giorgio
AU - Crescimanno, Maria
AU - Vrontis, Demetris
AU - Migliore, Giuseppina
PY - 2018/1/1
Y1 - 2018/1/1
N2 - Circular Economy (CE) focuses on the (re)design of processes and products aiming to minimize negative environmental impact, by reducing the use of non-renewable resources, increasing products durability, improving waste management and enhancing the market for secondary raw materials. In the management field very few contributions deal with the topic of CE as a model that firms can implement from a business model perspective. The aim of the present study is to describe, by using a case study in olive oil industry, how firms in practice adapt their business model towards CE paradigm and the influence of personal drivers and stakeholders in this adaptation. The findings reveal that circular economy is for the firm an important paradigm not only to pursue environmental sustainability but above all to pursue economic sustainability.
AB - Circular Economy (CE) focuses on the (re)design of processes and products aiming to minimize negative environmental impact, by reducing the use of non-renewable resources, increasing products durability, improving waste management and enhancing the market for secondary raw materials. In the management field very few contributions deal with the topic of CE as a model that firms can implement from a business model perspective. The aim of the present study is to describe, by using a case study in olive oil industry, how firms in practice adapt their business model towards CE paradigm and the influence of personal drivers and stakeholders in this adaptation. The findings reveal that circular economy is for the firm an important paradigm not only to pursue environmental sustainability but above all to pursue economic sustainability.
KW - Agri-food industry
KW - Business model
KW - Personal attitudes
KW - Stakeholders theory
KW - Sustainability
KW - Theory of planned behaviour
UR - http://www.scopus.com/inward/record.url?scp=85050861057&partnerID=8YFLogxK
U2 - 10.3280/RISS2018-001011
DO - 10.3280/RISS2018-001011
M3 - Review article
AN - SCOPUS:85050861057
SN - 2239-1959
SP - 137
EP - 158
JO - Rivista di Studi sulla Sostenibilita
JF - Rivista di Studi sulla Sostenibilita
IS - 1
ER -