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Table of Contents:
Chapter 1: Introduction
1.1 Background of the Study
1.2 Research Problem
1.3 Research Questions
1.4 Objectives of the Study
1.5 Significance of the Study
1.6 Limitations of the Study
1.7 Scope of the Study
Chapter 2: Literature Review
2.1 Definition of Business Model Innovation
2.2 Circular Economy Concept
2.3 Business Model Innovation in Circular Economy
2.4 Benefits of Business Model Innovation in Circular Economy
Chapter 3: Research Methodology
3.1 Research Design
3.2 Data Collection Methods
3.3 Sampling Techniques
3.4 Data Analysis Techniques
Chapter 4: Discussion of Findings
4.1 Analysis of Data Collected
4.2 Comparison with Existing Literature
4.3 Implications for Business Model Innovation in Circular Economy
Chapter 5: Conclusion and Summary
5.1 Recap of Key Findings
5.2 Implications for Practice
5.3 Recommendations for Future Research
Brief Overview on Business Model Innovation in Circular Economy:
Business model innovation in the circular economy involves creating new or improving existing business models that prioritize sustainable practices and resource efficiency. In the current linear economy model, resources are extracted, used, and disposed of, leading to environmental degradation and resource depletion. In contrast, the circular economy aims to close the loop by designing products, services, and systems that minimize waste and maximize value by keeping materials and products in use.
Business model innovation in the circular economy can involve adopting new technologies, partnerships, and strategies to promote circular practices such as redesigning products for reuse, recycling, or remanufacturing; implementing resource-sharing platforms; and adopting circular business models like product-as-a-service or subscription-based models. This shift towards a circular economy not only reduces environmental impact but also creates opportunities for new revenue streams, cost savings, and enhanced competitive advantage for businesses.
By examining the concept of business model innovation in the circular economy, this study aims to explore how businesses can leverage circular practices to drive innovation, achieve sustainability goals, and create long-term value both for their organizations and society as a whole.
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