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Experimenting with Circular Service Business Models

Project description

The shifts in business activities for a circular economy

The transition to a circular economy aims to maintain the value of products, materials and resources for as long as possible by returning them to the product cycle at the end of their use, minimising the generation of waste. This requires smart solutions and production processes. The EU-funded CIRCULAR X project will experiment with circular service business models (CSBMs), such as companies shifting from selling to leasing products and introducing lifelong warrantees to extend product lifetimes. Specifically, it will develop a new field in sustainability: CSBM experimentation. The aim is to conduct boundary-pushing and cross-sectoral interdisciplinary research in the Netherlands, Sweden, China, the United Kingdom and the United States. The results will advance our understanding of how CSBMs manifest and how to experiment with these to advance business activities towards a circular economy transition.

Host institution

UNIVERSITEIT MAASTRICHT
Net EU contribution
€ 1 499 915,00
Address
Minderbroedersberg 4
6200 MD Maastricht
Netherlands

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Region
Limburg (NL) Zuid-Limburg
Activity type
Higher or Secondary Education Establishments
Other funding
€ 0,00

Beneficiaries (1)

UNIVERSITEIT MAASTRICHT
Netherlands
Net EU contribution
€ 1 499 915,00
Address
Minderbroedersberg 4
6200 MD Maastricht

See on map

Region
Limburg (NL) Zuid-Limburg
Activity type
Higher or Secondary Education Establishments
Other funding
€ 0,00