10 The transformational power of Circular Innovation
-
Daniel Guzzo
, Janaina Mascarenhas und Allen Alexander
Abstract
The strategic economic and societal impact of innovation across our global economies is indisputable. In considering Circular Economy (CE) transitions, the role that innovation can play should not be underestimated; the critical question is how, if today’s economy is still linear? High numbers of new business opportunities, created to meet user, market and societies ever-novel demands, have increased the emphasis placed on responsible and sustainable products and services, but will extended responsibility and sustainable goals create a timely enough transition? This chapter considers innovation from inside and outside the organisation’s boundaries and explores circular innovation - where refocused, regenerative and balanced outcomes are created by realising new opportunities, generating novel ideas and developing radical solutions. We discuss the use of state-of-the-art approaches for strategic and innovation management, guided by the CE principles, to uncover how companies can navigate the innovation ecosystem to couple firm-level CE transformation with CE transitions. Our rich examples of different types of circular products, services and processes aim to demystify the complexity of circular innovation and show that it is possible to achieve significant results, even when starting in a linear regime. Our reflections on the power of creating a circular innovation journey and a culture that is genuinely committed to experimentation pave the way for the circular transformation of the company.
Abstract
The strategic economic and societal impact of innovation across our global economies is indisputable. In considering Circular Economy (CE) transitions, the role that innovation can play should not be underestimated; the critical question is how, if today’s economy is still linear? High numbers of new business opportunities, created to meet user, market and societies ever-novel demands, have increased the emphasis placed on responsible and sustainable products and services, but will extended responsibility and sustainable goals create a timely enough transition? This chapter considers innovation from inside and outside the organisation’s boundaries and explores circular innovation - where refocused, regenerative and balanced outcomes are created by realising new opportunities, generating novel ideas and developing radical solutions. We discuss the use of state-of-the-art approaches for strategic and innovation management, guided by the CE principles, to uncover how companies can navigate the innovation ecosystem to couple firm-level CE transformation with CE transitions. Our rich examples of different types of circular products, services and processes aim to demystify the complexity of circular innovation and show that it is possible to achieve significant results, even when starting in a linear regime. Our reflections on the power of creating a circular innovation journey and a culture that is genuinely committed to experimentation pave the way for the circular transformation of the company.
Kapitel in diesem Buch
- Frontmatter I
- Foreword V
- Contents VII
- About the editors XIII
- List of contributors XV
- The circular economy: landscape, dimensions and definitions 1
-
Part I: Introducing transformation
- Introduction 19
- 1 Walter Stahel on envisioning circular systems, lifecycles and products 25
- 2 Ken Webster on framing potential circular economies 35
- 3 Kate Raworth on creating regenerative and distributive economies by design 45
- 4 Frances Wall on virgin resources, scarcity and circularity 53
- 5 Hugo Spowers on transforming established industrial trajectories with a circular business strategy 63
- 6 Andy Rees OBE on waste, reuse, recycling and the power of positive governance 75
- 7 Ladeja Godina Kosir on transformation of people and the power of networks 85
-
Part II: The state of transition
- Introduction 93
- 8 Circular design in practice: eight levers for change 97
- 9 Biomimicry and the Circular Economy 125
- 10 The transformational power of Circular Innovation 147
- 11 Three lenses on circular business model innovation 175
- 12 Finance and accounting in the circular economy 191
- 13 Circular Economy regulation: an emerging research agenda 219
- 14 Circular society activism: prefigurative communities in everyday Circular Economy action 241
- 15 Circular economy jobs: risks and opportunities in the labour market 261
- 16 Resources, waste and a systemic approach to Circular Economy 285
- 17 Plastic futures: mobilising circular economy contexts to address the plastic crisis 307
- 18 Aesthetic engagement: material practices of organising towards regenerative futures 333
-
Part III: Industrial vignettes: exploring industry transition
- Introduction 371
- 19 BAM bamboo clothing 377
- 20 Winnow Solutions Ltd 381
- 21 Riversimple 385
- 22 Rype Office 389
- 23 Elvis & Kresse 393
- 24 Circularity Capital 397
- 25 Teemill 401
- 26 Forest Green Rovers 405
- 27 Grover 409
- 28 ReStore project 413
- 29 Packshare 417
- 30 Lendwithcare 421
- 31 Páramo 425
- 32 Circular & Co 429
- 33 Terragr’eau 433
- 34 LUSH cosmetics 437
- 35 Shark Solutions 441
- 36 gDiapers 445
- 37 Ricoh 449
- 38 Riverford Organics 453
- 39 Oxwash 457
- 40 Triodos Bank 461
- 41 Co Cars 463
- 42 Oddbox 467
- 43 Fairphone 471
- 44 Ooho from Notpla 475
- 45 Repair Café 479
- 46 Gerrard Street 483
- 47 Patagonia 487
- 48 Whirli 491
- List of figures 495
- List of tables 497
- Index 499
Kapitel in diesem Buch
- Frontmatter I
- Foreword V
- Contents VII
- About the editors XIII
- List of contributors XV
- The circular economy: landscape, dimensions and definitions 1
-
Part I: Introducing transformation
- Introduction 19
- 1 Walter Stahel on envisioning circular systems, lifecycles and products 25
- 2 Ken Webster on framing potential circular economies 35
- 3 Kate Raworth on creating regenerative and distributive economies by design 45
- 4 Frances Wall on virgin resources, scarcity and circularity 53
- 5 Hugo Spowers on transforming established industrial trajectories with a circular business strategy 63
- 6 Andy Rees OBE on waste, reuse, recycling and the power of positive governance 75
- 7 Ladeja Godina Kosir on transformation of people and the power of networks 85
-
Part II: The state of transition
- Introduction 93
- 8 Circular design in practice: eight levers for change 97
- 9 Biomimicry and the Circular Economy 125
- 10 The transformational power of Circular Innovation 147
- 11 Three lenses on circular business model innovation 175
- 12 Finance and accounting in the circular economy 191
- 13 Circular Economy regulation: an emerging research agenda 219
- 14 Circular society activism: prefigurative communities in everyday Circular Economy action 241
- 15 Circular economy jobs: risks and opportunities in the labour market 261
- 16 Resources, waste and a systemic approach to Circular Economy 285
- 17 Plastic futures: mobilising circular economy contexts to address the plastic crisis 307
- 18 Aesthetic engagement: material practices of organising towards regenerative futures 333
-
Part III: Industrial vignettes: exploring industry transition
- Introduction 371
- 19 BAM bamboo clothing 377
- 20 Winnow Solutions Ltd 381
- 21 Riversimple 385
- 22 Rype Office 389
- 23 Elvis & Kresse 393
- 24 Circularity Capital 397
- 25 Teemill 401
- 26 Forest Green Rovers 405
- 27 Grover 409
- 28 ReStore project 413
- 29 Packshare 417
- 30 Lendwithcare 421
- 31 Páramo 425
- 32 Circular & Co 429
- 33 Terragr’eau 433
- 34 LUSH cosmetics 437
- 35 Shark Solutions 441
- 36 gDiapers 445
- 37 Ricoh 449
- 38 Riverford Organics 453
- 39 Oxwash 457
- 40 Triodos Bank 461
- 41 Co Cars 463
- 42 Oddbox 467
- 43 Fairphone 471
- 44 Ooho from Notpla 475
- 45 Repair Café 479
- 46 Gerrard Street 483
- 47 Patagonia 487
- 48 Whirli 491
- List of figures 495
- List of tables 497
- Index 499