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Felicitas Pietrulla
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Pietrulla
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Felicitas
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Item type:Publication, Research papers on the circular economy : a holistic perspective with insights on business models, ecosystems, and policy-firm interactionsIn the current linear economy, most growth is based on exploiting limited resources, on carbon-intensive production and consumption. In the context of this take-make-dispose logic and increasing demand for often scarce materials, we produce massive amounts of waste that cannot always be reused to create additional value. This linear economic system has led us to cross planetary boundaries that are vital to our well-being on this planet. Hence, we must radically change how we create value to avoid negative environmental impacts. In addition to classic approaches like decarbonization techniques, the circular economy concept is a promising avenue for balancing economic growth with environmental sustainability by eliminating waste, emissions, and other toxic pollution while maintaining the value of the required materials through, for example, technical innovations and innovative business models. As firms are central to the transformation to such a circular economy, this thesis investigates their role by connecting management theory to the massive amount of literature on the circular economy. The thesis discusses how companies can think about circular business models in an integrated and holistic framework (Chapter 2) and, given that circular business models often require collaboration, it presents a thorough revision of the concept of circular ecosystems and how companies can master them (Chapter 3). To complete the analysis of firms role in the circular economy, the thesis investigates what factors drive firm support for circular economy regulation and under which conditions firms are likely to favor or oppose circular economy regulation (Chapter 4). All three papers of this thesis have been published in peer-reviewed journals.Type:doctoral thesis