An analysis of existing literature highlights that while organisations within a particular industry may adopt similar components of CEBMsCircular Economy Business Model (CEBM), these models are uniquely tailored to individual firms rather than applying uniformly across an entire industry. Furthermore, CEBMsCircular Economy Business Model (CEBM) are characterised by their market-specific focus and entrepreneurial ventures. They are inherently dynamic, adapting over time to align with changes in the business environment. The literature also challengesChallenges the assumption that adopting CE practices in the construction sector is complicated due to its fragmented nature. Instead, it reveals that CEBMsCircular Economy Business Model (CEBM) within theConstruction industry challenges construction industryConstruction industry are similarly segmented in alignmentAlignment with the CE framework. This segmentation presents opportunities for entrepreneurs in various sub-sectors of the construction industryConstruction industry to innovate, deliver valueValues, and meet client needs effectively. Furthermore, the review highlights that the CEBMsCircular Economy Business Model (CEBM) examined were developed using the Business Model (BM) canvas as a framework. In the context of the CEBMsCircular Economy Business Model (CEBM) reviewed, the foundational BM was adapted to align with CE principles. This adaptation involved integrating CE principles into the core elements of the BM to minimise the depletion of natural resourcesResource, allowing companies to maintain competitive advantage while fostering sustainabilitySustainability and environmental stewardshipEnvironmental stewardship.

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The Theoretical Frameworks of the Circular Economy Business Model (CEBM)

  • Osamudiamen Otasowie,
  • Clinton Ohis Aigbavboa,
  • Ayodeji Emmanuel Oke

摘要

An analysis of existing literature highlights that while organisations within a particular industry may adopt similar components of CEBMsCircular Economy Business Model (CEBM), these models are uniquely tailored to individual firms rather than applying uniformly across an entire industry. Furthermore, CEBMsCircular Economy Business Model (CEBM) are characterised by their market-specific focus and entrepreneurial ventures. They are inherently dynamic, adapting over time to align with changes in the business environment. The literature also challengesChallenges the assumption that adopting CE practices in the construction sector is complicated due to its fragmented nature. Instead, it reveals that CEBMsCircular Economy Business Model (CEBM) within theConstruction industry challenges construction industryConstruction industry are similarly segmented in alignmentAlignment with the CE framework. This segmentation presents opportunities for entrepreneurs in various sub-sectors of the construction industryConstruction industry to innovate, deliver valueValues, and meet client needs effectively. Furthermore, the review highlights that the CEBMsCircular Economy Business Model (CEBM) examined were developed using the Business Model (BM) canvas as a framework. In the context of the CEBMsCircular Economy Business Model (CEBM) reviewed, the foundational BM was adapted to align with CE principles. This adaptation involved integrating CE principles into the core elements of the BM to minimise the depletion of natural resourcesResource, allowing companies to maintain competitive advantage while fostering sustainabilitySustainability and environmental stewardshipEnvironmental stewardship.