Enablers and Barriers for Circular Business Models: an empirical analysis in the Italian automotive industry

Research stream on Circular Business Models has recently emerged within the management research to address the concept of Circular Economy from a business model perspective. Several studies in this stream have identified and analyzed a set of managerial practices that can be adopted by companies to design Circular Business Models. However, current research still falls short to provide a systematic view of the enablers and barriers for the design of Circular Business Models and the adoption of related managerial practices. The paper addresses this research gap in two ways. First, it provides a reference framework of enablers, barriers, and contextual factors affecting the design of Circular Business Models. Second, it presents the results of a survey involving 66 companies operating in the Italian automotive industry, bringing into light the relative importance of the identified enablers, barriers, and contextual factors in this industry. Finally, our research provides practical suggestions and recommendations for properly approaching the design of Circular Business Models in the automotive industry. (C) 2021 Institution of Chemical Engineers. Published by Elsevier B.V. All rights reserved.

Automated summary

Research on Circular Business Models has been growing in the management field, analyzing the concept of Circular Economy from a business model perspective. However, current research lacks a systematic view of the enablers and barriers for the design of Circular Business Models, which this paper addresses by providing a reference framework and survey results.