Abstract
After its launch, the circular economy gained popularity all over the world as the new sustainability paradigm. Despite its popularity there is little to no material to be found on the implementation of the circular economy in the construction industry. Through a mixed method methodology using literature reviews, case studies, thought exercises, and interviews to both build and subsequently validate theory, five circular business models for service providing in the construction industry were developed. Next a roadmap for advance circular services was set up. These models show internal and external supply-side stakeholders how to implement the circular economy, and that this implementation is thinkable on a business-case level, but less evident on
an industry level. This as previously unaddressed financial and regulatory aspects challenge the implementation of the circular economy in the construction industry. Considering these challenges, implementing the circular economy in the construction industry might be considered even more disruptive as in other sectors of our industrial economy.
an industry level. This as previously unaddressed financial and regulatory aspects challenge the implementation of the circular economy in the construction industry. Considering these challenges, implementing the circular economy in the construction industry might be considered even more disruptive as in other sectors of our industrial economy.
Original language | English |
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Title of host publication | Proceedings of the International Research Conference 2017 |
Subtitle of host publication | Shaping tomorrow's built environment |
Number of pages | 12 |
Publication status | Published - 2017 |
Event | International Research Conference 2017 "Shaping Tomorrow’s Built Environment" - Salford, United Kingdom Duration: 11 Sept 2017 → 12 Sept 2017 |
Conference
Conference | International Research Conference 2017 "Shaping Tomorrow’s Built Environment" |
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Country/Territory | United Kingdom |
City | Salford |
Period | 11/09/17 → 12/09/17 |
Keywords
- Real estate
- circular business models
- operational lease
- property law
- service providing