Finding the right incentives; circular business models for the construction industry

R. van den Brink, Matthijs Prins, Ad Straub, Hendrik Ploeger

Research output: Chapter in Book/Conference proceedings/Edited volumeConference contributionScientificpeer-review

35 Downloads (Pure)

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.
Original languageEnglish
Title of host publicationProceedings of the International Research Conference 2017
Subtitle of host publicationShaping tomorrow's built environment
Number of pages12
Publication statusPublished - 2017
EventInternational Research Conference 2017 "Shaping Tomorrow’s Built Environment" - Salford, United Kingdom
Duration: 11 Sep 201712 Sep 2017

Conference

ConferenceInternational Research Conference 2017 "Shaping Tomorrow’s Built Environment"
CountryUnited Kingdom
CitySalford
Period11/09/1712/09/17

Keywords

  • Real estate
  • circular business models
  • operational lease
  • property law
  • service providing

Fingerprint Dive into the research topics of 'Finding the right incentives; circular business models for the construction industry'. Together they form a unique fingerprint.

Cite this