Business Model Innovation for Closed-loop Furniture Flows - Stage 3
|Coordinator||RISE Research Institutes of Sweden AB - RISE Research Institutes of Sweden, Göteborg|
|Funding from Vinnova||SEK 15 658 000|
|Project duration||November 2017 - February 2020|
|Venture||Challengedriven innovation - Phase 3 Implementation|
Purpose and goal
The project strived for more sustainable industrial development by encouraging more resource-efficient and less environmentally-damaging furniture production, while simultaneously strengthening the international competitiveness of participating businesses. The goal was for businesses and customers to have tested a practical application of a relatively circular business model, while preparing for the deployment of these solutions at a larger scale.
Expected results and effects
The product has inspired partners to develop business models and routines, launch new products, suggest certification solutions, and introduce new procurement goals. Effects are increased acceptance of circular business models among clients and end-users; that furniture producers, interior designers, and retailers reorganize their work toward circular business models; and that the Swedish furniture industry inspires others to adopt a circular economy framework.
Planned approach and implementation
The consoritum was formed to represent the whole business ecosystem, from suppliers, producers, furniture designers, recyclers, distributors, and interior architects, to customers and supporting actors such as professional and industrial organizations. The work was divided into the work packages: “Product and market development,” “Customers,” “Labeling and tracking,” as well as “Communication and process management”. Participating partners benefitted from exchanging knowledge with other participants and getting support from researchers.