Integrating Reverse Cycle Strategy in Circular Business Model Innovation: A Case Study

Ahmad Fatih Fudhla, Budisantoso Wirjodirdjo, Moses Laksono Singgih

Research output: Contribution to journalArticlepeer-review

1 Citation (Scopus)

Abstract

This study integrates the Reverse Cycle Strategy (RCS) framework within circular business model innovation, focusing on sugarcane agribusiness as part of an innovative foresight study. Employing a qualitative method, the research utilizes the Business Model Canvas (BMC) to visually articulate and analyze business operations, interactions, and the impact of the RCS’s ten principles (10R). These principles aim to facilitate a transition from linear to circular business practices, encompassing R0 – Refuse, R1 – Rethink, R2 – Reduce, R3 – Reuse, R4 – Repair, R5 – Refurbish, R6 – Remanufacture, R7 – Repurpose, R8 – Recycle, and R9 – Recover. The findings reveal that incorporating the full spectrum of the RCS enhances the business models’ circularity and significantly influences sustainability outcomes. Unlike previous studies focusing on one to three RCS principles, this research demonstrates that a holistic approach can lead to more substantial environmental and operational improvements. This study offers a robust model for practitioners implementing sustainable business practices under the auspices of the circular economy paradigm.

Original languageEnglish
Pages (from-to)84-103
Number of pages20
JournalForesight and STI Governance
Volume18
Issue number3
DOIs
Publication statusPublished - 19 Sept 2024

Keywords

  • business model canvas
  • business model innovation
  • circular economy
  • reverse cycle strategy
  • sugarcane agribusiness

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