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Leveraging Digital Platforms for Circular Economy: A Value Creation View

Year: 2024

Type: article

Abstract: The practical role of digital platforms in fostering circular economy (CE) among businesses remains unresolved.Unlike previous research on digital platforms and firm performance, this study analyzes the bridging function of the value creation system from a value creation perspective. It identifies resources (business model innovation) and relationships with other value creators (closed-loop supply chain) as key elements for achieve CE.Using survey data from 243 firms, this study validates the significant mediation of business model innovation and closed-loop supply chain in the relationship of digital platforms - CE. This narrows the theoretical gap and expands value creation-based CE research.

Source: Sustainability

DOI: 10.3390/su162411180

Authors: Suicheng Li, Huifang Wu, Wenjing Hou, Xinyi Zhang

Institution: Xi'an University of Technology

Language: English

Topic: Sustainable Supply Chain Management

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Responsible consumption and production, Decent work and economic growth

Open Access status: gold

Estimated APC paid: $2,728