How Is Value Created in the Circular Economy? Evidence from Remanufacturing and Repair Businesses

Melissa Marques; Umit Sezer Bititci; Amos Peter Haniff

doi:10.1007/978-3-030-85906-0_38

How Is Value Created in the Circular Economy? Evidence from Remanufacturing and Repair Businesses

Melissa Marques^*, Umit Sezer Bititci, Amos Peter Haniff

^*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

3 Citations (Scopus)

Abstract

The circular economy refers to a cluster of strategies which are necessary in the pursuit of more sustainable production-consumption systems. In despite of the importance of repair and remanufacturing in the context of circular economy and sustainability, research in value creation within this sector is limited. There is little empirical evidence pertaining to the different ways that repair and remanufacturing activities can contribute to value creation across firms. This study therefore aimed to investigate value creation in the circular economy, particularly in context of fifteen repair and remanufacturing firms. Through a multi-method approach, data pertaining to value creation strategies were collected in both original equipment manufacturers (OEMs) and non-OEMs, and inductively analyzed with the aid of mapping tools. As a result, four generic patterns of value creation were identified, expanding upon previous literature by highlighting that ‘OEM status’ and ‘servitization’ are important variables of value generation.

Original language	English
Title of host publication	Advances in Production Management Systems. Artificial Intelligence for Sustainable and Resilient Production Systems. APMS 2021
Editors	Alexandre Dolgui, Alain Bernard, David Lemoine, Gregor von Cieminski, David Romero
Publisher	Springer
Pages	340-350
Number of pages	11
ISBN (Electronic)	9783030859060
ISBN (Print)	9783030859053
DOIs	https://doi.org/10.1007/978-3-030-85906-0_38
Publication status	Published - 31 Aug 2021
Event	IFIP International Conference on Advances in Production Management Systems 2021 - Nantes, France Duration: 5 Sept 2021 → 9 Sept 2021

Publication series

Name	IFIP Advances in Information and Communication Technology
Volume	632
ISSN (Print)	1868-4238
ISSN (Electronic)	1868-422X

Conference

Conference	IFIP International Conference on Advances in Production Management Systems 2021
Abbreviated title	APMS 2021
Country/Territory	France
City	Nantes
Period	5/09/21 → 9/09/21

Keywords

Business model
Circular economy
Remanufacturing
Value creation

ASJC Scopus subject areas

Information Systems
Computer Networks and Communications
Information Systems and Management

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

10.1007/978-3-030-85906-0_38

Cite this

Marques, M., Bititci, U. S., & Haniff, A. P. (2021). How Is Value Created in the Circular Economy? Evidence from Remanufacturing and Repair Businesses. In A. Dolgui, A. Bernard, D. Lemoine, G. von Cieminski, & D. Romero (Eds.), Advances in Production Management Systems. Artificial Intelligence for Sustainable and Resilient Production Systems. APMS 2021 (pp. 340-350). (IFIP Advances in Information and Communication Technology; Vol. 632). Springer. https://doi.org/10.1007/978-3-030-85906-0_38

Marques, Melissa ; Bititci, Umit Sezer ; Haniff, Amos Peter. / How Is Value Created in the Circular Economy? Evidence from Remanufacturing and Repair Businesses. Advances in Production Management Systems. Artificial Intelligence for Sustainable and Resilient Production Systems. APMS 2021. editor / Alexandre Dolgui ; Alain Bernard ; David Lemoine ; Gregor von Cieminski ; David Romero. Springer, 2021. pp. 340-350 (IFIP Advances in Information and Communication Technology).

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title = "How Is Value Created in the Circular Economy? Evidence from Remanufacturing and Repair Businesses",

abstract = "The circular economy refers to a cluster of strategies which are necessary in the pursuit of more sustainable production-consumption systems. In despite of the importance of repair and remanufacturing in the context of circular economy and sustainability, research in value creation within this sector is limited. There is little empirical evidence pertaining to the different ways that repair and remanufacturing activities can contribute to value creation across firms. This study therefore aimed to investigate value creation in the circular economy, particularly in context of fifteen repair and remanufacturing firms. Through a multi-method approach, data pertaining to value creation strategies were collected in both original equipment manufacturers (OEMs) and non-OEMs, and inductively analyzed with the aid of mapping tools. As a result, four generic patterns of value creation were identified, expanding upon previous literature by highlighting that {\textquoteleft}OEM status{\textquoteright} and {\textquoteleft}servitization{\textquoteright} are important variables of value generation.",

keywords = "Business model, Circular economy, Remanufacturing, Value creation",

author = "Melissa Marques and Bititci, {Umit Sezer} and Haniff, {Amos Peter}",

note = "Funding Information: We thank the Scottish Institute for Remanufacturing for funding this research. Publisher Copyright: {\textcopyright} 2021, IFIP International Federation for Information Processing.; IFIP International Conference on Advances in Production Management Systems 2021, APMS 2021 ; Conference date: 05-09-2021 Through 09-09-2021",

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pages = "340--350",

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Marques, M , Bititci, US & Haniff, AP 2021, How Is Value Created in the Circular Economy? Evidence from Remanufacturing and Repair Businesses. in A Dolgui, A Bernard, D Lemoine, G von Cieminski & D Romero (eds), Advances in Production Management Systems. Artificial Intelligence for Sustainable and Resilient Production Systems. APMS 2021. IFIP Advances in Information and Communication Technology, vol. 632, Springer, pp. 340-350, IFIP International Conference on Advances in Production Management Systems 2021, Nantes, France, 5/09/21. https://doi.org/10.1007/978-3-030-85906-0_38

How Is Value Created in the Circular Economy? Evidence from Remanufacturing and Repair Businesses. / Marques, Melissa ; Bititci, Umit Sezer ; Haniff, Amos Peter.
Advances in Production Management Systems. Artificial Intelligence for Sustainable and Resilient Production Systems. APMS 2021. ed. / Alexandre Dolgui; Alain Bernard; David Lemoine; Gregor von Cieminski; David Romero. Springer, 2021. p. 340-350 (IFIP Advances in Information and Communication Technology; Vol. 632).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

TY - GEN

T1 - How Is Value Created in the Circular Economy? Evidence from Remanufacturing and Repair Businesses

AU - Marques, Melissa

AU - Bititci, Umit Sezer

AU - Haniff, Amos Peter

PY - 2021/8/31

Y1 - 2021/8/31

N2 - The circular economy refers to a cluster of strategies which are necessary in the pursuit of more sustainable production-consumption systems. In despite of the importance of repair and remanufacturing in the context of circular economy and sustainability, research in value creation within this sector is limited. There is little empirical evidence pertaining to the different ways that repair and remanufacturing activities can contribute to value creation across firms. This study therefore aimed to investigate value creation in the circular economy, particularly in context of fifteen repair and remanufacturing firms. Through a multi-method approach, data pertaining to value creation strategies were collected in both original equipment manufacturers (OEMs) and non-OEMs, and inductively analyzed with the aid of mapping tools. As a result, four generic patterns of value creation were identified, expanding upon previous literature by highlighting that ‘OEM status’ and ‘servitization’ are important variables of value generation.

AB - The circular economy refers to a cluster of strategies which are necessary in the pursuit of more sustainable production-consumption systems. In despite of the importance of repair and remanufacturing in the context of circular economy and sustainability, research in value creation within this sector is limited. There is little empirical evidence pertaining to the different ways that repair and remanufacturing activities can contribute to value creation across firms. This study therefore aimed to investigate value creation in the circular economy, particularly in context of fifteen repair and remanufacturing firms. Through a multi-method approach, data pertaining to value creation strategies were collected in both original equipment manufacturers (OEMs) and non-OEMs, and inductively analyzed with the aid of mapping tools. As a result, four generic patterns of value creation were identified, expanding upon previous literature by highlighting that ‘OEM status’ and ‘servitization’ are important variables of value generation.

KW - Business model

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KW - Remanufacturing

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SN - 9783030859053

T3 - IFIP Advances in Information and Communication Technology

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BT - Advances in Production Management Systems. Artificial Intelligence for Sustainable and Resilient Production Systems. APMS 2021

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A2 - Romero, David

PB - Springer

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Y2 - 5 September 2021 through 9 September 2021

ER -

Marques M , Bititci US , Haniff AP. How Is Value Created in the Circular Economy? Evidence from Remanufacturing and Repair Businesses. In Dolgui A, Bernard A, Lemoine D, von Cieminski G, Romero D, editors, Advances in Production Management Systems. Artificial Intelligence for Sustainable and Resilient Production Systems. APMS 2021. Springer. 2021. p. 340-350. (IFIP Advances in Information and Communication Technology). doi: 10.1007/978-3-030-85906-0_38

How Is Value Created in the Circular Economy? Evidence from Remanufacturing and Repair Businesses

Abstract

Publication series

Conference

Keywords

ASJC Scopus subject areas

UN SDGs

Access to Document

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