EVALUATION GRID OF CIRCULAR ECONOMY INDICATORS FOR CIRCULAR BUSINESS MODELS: AN ANALYSIS BASED ON BUSINESS VALUE

Loredana Andreea BÎRGOVAN, Andrea SZILAGYI, Elena Simina LAKATOS, Laura BACALI, Doru MAIER

Abstract


The position state of circular economy implementation in business models still provides gaps in literature and leaves room for discussion. The progress towards circular economy should acknowledge business models as facilitators for achieving the objectives, with many opportunities for market development. And as no transition can take place if there is not a comprehensive list of indicators which examine the current state of circularity, the current research discusses the indicators proposed by Lakatos 2019 according the core values of businesses - value proposition, value creation and delivery and value capture. As an additional section, innovation has been used individually and not integrated into the triple bottom line, as framework – innovation is at the core of business models as can provide a unique placement for consumers.  


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