Exploratory Study on Circular Economy Approaches A Comparative Analysis of Theory and Practice

6.1 Summary of Results 127

127

Table 23 Overview of implementation approaches over all cases

Innovation

Ty p e

Circular

Economy

Approach

Eta Alpha Zeta Gam-

ma

Delta Ep-

silon

Eta Theta Iota

Product

Innovation

Circular

Supplies

x x x x x x

Resource

recovery

x x x x

Re-manu-

facturing

x x

Process

Innovation

Circular

Supplies

x x x x x x x x (x)

Business

Model In-

novation

Sharing

Platform

Product as

a Service

(x)^4 x

Product Life

Extension

x x x x

Answering the question which impact the implementation of circular economy has

on organizations four impact-categories were identified: costs, revenue, competitive

advantage and reputation. As depicted in Figure 7, these categories have several

sub-categories and can be grouped into monetary and non-monetary impacts.

Moreover, the impacts are of positive and negative characteristic for the organiza-

tion. Thereby, a positive monetary impact has a positive effect on the results of the

organizations and vice versa. A positive non-monetary impact doesn’t necessarily

have a positive effect on the result of the organization but is perceived as something

beneficial for the organization.

4 X in brackets means that a certain business model is currently in test phase but not yet
fully implemented.