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Redesigning Business Models With Circular Economy: An Insight on Italian Enterprises

Redesigning Business Models With Circular Economy: An Insight on Italian Enterprises
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Author(s): Francesca Ceruti (Laboratory Resources Valorization, Italy), Laura Gavinelli (University of Milano-Bicocca, Italy), Angelo Di Gregorio (University of Milano-Bicocca, Italy)and Marco Frey (Sant'Anna School of Advanced Studies, Italy)
Copyright: 2020
Pages: 33
Source title: Networked Business Models in the Circular Economy
Source Author(s)/Editor(s): Bogdan Nogalski (WSB University in Gdańsk, Poland), Agnieszka Anna Szpitter (University of Gdańsk, Poland), Adam Jabłoński (WSB University in Poznań, Poland)and Marek Jabłoński (WSB University in Poznań, Poland)
DOI: 10.4018/978-1-5225-7850-5.ch006

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Abstract

In the last decades, circular economy has become a key in the academic and managerial studies. While there are plenty of contributions on circular economy like environmental strategy, a less developed line of studies is that analyzing circular economy as a new way of doing business. In this context, Italy has initiated the necessary reforms for the transition to the circular economy in 1997, but it is only in 2017 that it has adopted a work plan on that. The chapter presents the evidence of a CAWI interview investigating if the Italian firms are adopting the principles of circular economy and if this affects their competitiveness and business performance. The research contributes to the understanding of this new paradigm by getting into detail with the motivations that drive Italian enterprise to adopt the principles of circular economy, the actions they are taking to be circular economy-oriented, and the possible relationship between the adoption of the circular economy principles and their business performance.

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