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2023
Presentation
Titel
The success factors of circular economy platforms
Titel Supplements
Paper was presented at the R&D Management Conference 2023, June 19th-21st, 2023, Sevilla, Spain, organized by the University Pablo de Olavide
Abstract
Circular economy platforms have been created with the purpose of building networks of ac-tors engaging in symbiosis by exchanging (waste) resources. However, platforms of this kind have not seen large-scale success yet and companies are hesitant to participate in them. For this research, a literature analysis as well as interviews with actors involved in circular econo-my platforms in Colombia, Brazil, South Africa and Germany were conducted to identify the individual and mutual economic, ecological and social benefits they can gain from these plat-forms along the triple bottom line. We also explored blocking points such as entry-barriers which platforms should avoid as well as mechanisms and incentives which platforms should implement to attract more participants. The results show that the participants can gain econom-ic advantages, e.g. improving their resource access and their resource acquisition, processing or disposal costs. These economic benefits are often valued higher by the participants than the environmental and social benefits which come alongside. Platform incentives for participation can be the provision of room for identifying synergies or additional, sometimes even free ser-vices. Entry-barriers such as access costs or data handling issues can be avoided through free participation or trial periods and guarantees of data privacy and security.
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