Business, Management and Accounting
3 years ago

Pioneering energy company transforms waste into economic value, supporting sustainable development.

International Journal of Entrepreneurship and Innovation Management
Applying the circular economy to a business model: an illustrative case study of a pioneering energy company
Ville Veikko Piispanen, Kaisa Henttonen, Eeva Aromaa

Paper Summary

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The article explores how a pioneering energy company in Finland applies a circular business model to create value from waste. The researchers analyze the company's business model, focusing on elements like customer value, relationships, resources, and revenues. They also identify factors needed to shift from a traditional business model to a circular one. The study aims to show how companies can turn waste into economic value while promoting sustainable development through material circulation.