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Sustainability 2016, 8(2), 112; doi:10.3390/su8020112

Transition Thinking and Business Model Innovation–Towards a Transformative Business Model and New Role for the Reuse Centers of Limburg, Belgium

1
Transition Research Coordination Team, Flemish Institute for Technological Research (VITO), Boeretang 200, 2400 Mol, Belgium
2
Sustainable Materials, Flemish Institute for Technological Research (VITO), Boeretang 200, 2400 Mol, Belgium
3
Department of Bio-engineering, University of Antwerp, Groenenborgerlaan 171, 2020 Antwerp, Belgium
*
Author to whom correspondence should be addressed.
Academic Editor: Giuseppe Ioppolo
Received: 3 November 2015 / Revised: 20 December 2015 / Accepted: 15 January 2016 / Published: 26 January 2016
(This article belongs to the Section Economic, Business and Management Aspects of Sustainability)
View Full-Text   |   Download PDF [1203 KB, uploaded 27 January 2016]   |  

Abstract

The current dynamics of change, including climate change, resource depletion, energy transition, internet of things, etc. will have substantial impacts on the functioning of contemporary business models. Most firms and companies, however, still largely focus on efficiency strategies leading to sub-optimal solutions (reducing bad impact), rather than radically changing their business model to develop new transaction models more appropriate for today’s world (doing better things). However, persistent sustainability issues arising from our changing societal systems, require more radical and structural changes both within and between organizations to change the way we do business. There is limited empirically established research literature on how businesses can be more proactive in this regard and how they can move beyond “management of unsustainability”. In this paper, we present a transformative business model innovation approach inspired by transition theory combining elements of systems thinking, value-inspired envisioning, reflexive design and co-creation that was pioneered for a consortia of reuse centers in the province of Limburg, Belgium. We demonstrate that this approach contributed to the development of new business model concepts, was conducive for mobilizing support and resources to ensure follow up activity and holds potential to promote a more proactive role for businesses as agents of transformative change. View Full-Text
Keywords: business model innovation; transition; circular economy; process design; new business models business model innovation; transition; circular economy; process design; new business models
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MDPI and ACS Style

Gorissen, L.; Vrancken, K.; Manshoven, S. Transition Thinking and Business Model Innovation–Towards a Transformative Business Model and New Role for the Reuse Centers of Limburg, Belgium. Sustainability 2016, 8, 112.

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