Tools for managing barriers to circular business models for international markets

Reference number
Coordinator STIFTELSEN IMIT
Funding from Vinnova SEK 999 349
Project duration December 2018 - February 2020
Status Ongoing
Venture Circular and biobased economy
Call Policy and behavioral issues for a biobased circular economy

Purpose and goal

The purpose of the project is to enhance knowledge about circular business models for international markets by developing a tool that allows the identification and analysis of barriers at the firm-, ecosystem- and policy levels. In doing so, we will pay particular attention to international issues where legal frameworks differ and customer behaviour may vary greatly from market to market. In extension, this allows companies to develop and implement circular business models more effectively.

Expected results and effects

Short-term effect goals include the use of a circular business model readiness tool by partner companies which allow them to proactively address key barriers and to improve commercialization of innovations at international markets. Long-term effect goals include improving the position of Swedish industry as a provider of innovative solutions, to reduce emission and congestion in products and services by using a circular economy logic, and enabling a more sustainable consumption and production.

Planned approach and implementation

The project is a close collaboration between academia and participating industrial partners. The project starts by identifying critical barriers that inhabits companies’ ability to offer circular business models towards international markets. It then moves on to developing a tool for overcoming barriers to circular business models. The tool is then implemented and evaluated in the partner companies. The project ends with knowledge dissemination to ensure wider implementation in Swedish industry, academia, and society (i.e. outside partner companies).

The project description has been provided by the project members themselves and the text has not been looked at by our editors.