Business Models and Circular Business Models



This chapter responds to the need for more clarity in the lexicon in use in the circular economy field. Therefore, it outlines a conceptualisation of the circular business model. This chapter presents a set of propositions leading to a preliminary conceptualisation of the circular business model by merging themes from the business model literature with the implications for business models deriving from the application of the circular economy thinking inferred from practical examples and the literature. This chapter includes recommendations for future studies on circular business models.


Business models Circular business models Value proposition Value creation and delivery Value capture 


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© The Author(s) 2018

Authors and Affiliations

  1. 1.University of ExeterExeterUK

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