Circular business model innovation- supporting factors and barriers
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Date
2023
Authors
Journal Title
Journal ISSN
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Publisher
Ivane Javakhishvili Tbilisi State University Press
Abstract
Covid-19 pandemic and the most acute geopolitical circumstances have threatened the
achievement of the Sustainable Development Goals. In this situation, the analysis of the factors
supporting and hindering the innovation of the circular business model remains very important.
Among scientists the concept of circular economy is discussed as a strategy to reduce waste of
resources, pollution and emission. The circular business model innovation is considered by many
researchers as a practical implementation of this concept at the organizational level. The drivers and
barriers to circular business model innovation are considered to be the factors that either facilitates
or inhibits organizational units in the process of conceptualizing and implementing circular business
model innovation.
Description
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Keywords
Citation
Conference Proceedings: "The World Economy in the Post-Pandemic Period: Implications and Challenges", Tbilisi, 2023, pp. 190-196