Conceptualised Circular Economy Business Model Adoption Framework for Construction Organisations
摘要
CEBMsCircular Economy Business Model (CEBM) areAdoption often recognised as tools for generating valueValues by recycling resourcesResource and materials traditionally considered waste after their functional lifespan. Hence, this chapter presents a conceptual framework for adopting CEBMCircular Economy Business Model (CEBM) in construction organisationsConstruction organisations. It identifies twelve core latent variables that define its structure: value propositionValue proposition, client segmentClient segment, channelsChannels, client relationshipClient relationships, key resourcesKey resources, key activitiesKey activities, key partnershipsKey partnerships, cost structureCost structures, revenue streamsRevenue streams, takeback system, organisational cultureOrganisational culture, and material information managementManagement system. These variables were determined through findings from an extensive literature review. In addition, the chapter emphasises the framework’s role in illustrating the rationale behind selecting these variables to construct an integrated conceptual CEBMCircular Economy Business Model (CEBM).