TY - JOUR
T1 - Enablers of Managerial Practices for Circular Business Model Design
T2 - An Empirical Investigation of an Agro-Energy Company in a Rural Area
AU - Del Vecchio, Pasquale
AU - Urbinati, Andrea
AU - Kirchherr, Julian
PY - 2024
Y1 - 2024
N2 - The concept of circular economy (CE) has gained prominence in management research as a new industrial approach that society, companies, and policymakers should follow in aiming to manage for sustainability issues. The adoption of CE principles has highlighted particular managerial practices that companies can implement in their business models. However, existing research still falls short of describing in sufficient detail the enablers of these practices for a circular business model design. This issue, especially in rural areas, is particularly interesting for the agri-food sector, which is characterized by enormous sustainability challenges, including food production and waste, packaging, transportation, consumer habits and behavior, and energy production and consumption. This article takes stock of this gap through an analysis of the enablers of managerial practices in Fiusis, a company operating in the agro-energy sector of a rural area, which has designed a circular business model and was recognized as “the best business model in the rural area” by the European Commission in 2019. The case highlights the importance of a suitable political and institutional environment beneficial to the starting-up and development of the business, and the importance of collaborating within the community of stakeholders for the creation of a new culture of sustainability.
AB - The concept of circular economy (CE) has gained prominence in management research as a new industrial approach that society, companies, and policymakers should follow in aiming to manage for sustainability issues. The adoption of CE principles has highlighted particular managerial practices that companies can implement in their business models. However, existing research still falls short of describing in sufficient detail the enablers of these practices for a circular business model design. This issue, especially in rural areas, is particularly interesting for the agri-food sector, which is characterized by enormous sustainability challenges, including food production and waste, packaging, transportation, consumer habits and behavior, and energy production and consumption. This article takes stock of this gap through an analysis of the enablers of managerial practices in Fiusis, a company operating in the agro-energy sector of a rural area, which has designed a circular business model and was recognized as “the best business model in the rural area” by the European Commission in 2019. The case highlights the importance of a suitable political and institutional environment beneficial to the starting-up and development of the business, and the importance of collaborating within the community of stakeholders for the creation of a new culture of sustainability.
KW - Agro-energy
KW - Circular business models
KW - Circular economy (CE)
KW - Enablers
KW - Managerial practices
KW - Rural area
KW - Sustainabililty
KW - Agro-energy
KW - Circular business models
KW - Circular economy (CE)
KW - Enablers
KW - Managerial practices
KW - Rural area
KW - Sustainabililty
U2 - 10.1109/TEM.2021.3138327
DO - 10.1109/TEM.2021.3138327
M3 - Journal article
SN - 0018-9391
VL - 71
SP - 873
EP - 887
JO - IEEE Transactions on Engineering Management
JF - IEEE Transactions on Engineering Management
ER -