The academic partners (VITO, Bern University of Applied Sciences, Lund University) will work closely with the industrial partners to develop generic methodologies and tools for circular business model innovation and policy analysis, including a circular business model design framework with co-creation facilitation process, circular business experimentation, and an eco-system simulation model.
These methodologies will be tested by the solar power sector in CIRCUSOL, and then disseminated for broader use by businesses (other sectors), academia and policy makers, in the format of publications, online tools, courses and workshops.
Circular Business Model Design and Co-creation Framework. CIRCUSOL will integrate existing business design approaches from business research communities, with established environmental and economic assessment methodologies, into a user-friendly Circular Business Model Design framework. A co-creation process approach will be embedded, to integrate different perspectives of the stakeholders involved and links these to the systemic perspective of the CE transition.
Circular Business Experimentation. Business experimentation has originally been developed to create better customer value propositions in a low resource/ time/ cost way for start-ups. More recently business experimentation has been suggested and applied to a sustainable business context as a key capability to develop to transition to a sustainable business. In CIRCUSOL, novel methods will be developed based on this recent work to develop Circular Economy business experimentation approaches to accelerate the transition to a CE.
Ecosystem Simulation Model. The consideration of ecosystems when analyzing complex business systems is increasingly common in the last years. CIRCUSOL will develop an integrated mathematical simulation model which accounts for legal, social, and economic drivers and barriers of circular economic business models and services. The model will simulate primary and secondary impact, i.e., direct and interplay effects, of changes in business models on the respective ecosystem and on relevant circular economy indicators.