Social Capital Fuels Circular Business Model Collaboration
Effective collaboration within circular business models is significantly influenced by the strength of social capital, encompassing bonding, linking, and bridging relationships.
International Journal of Logistics Research and Applications · 2023
Key Findings
- 01Social capital (bonding, linking, bridging) is a critical enabler for collaboration in circular business models.
- 02Specific influencing factors for circular business models include awareness, workplace environment, material availability, market demand, political standards, individual expertise, and communication skills.
Application
Design takeaway
To foster successful circular business models, actively cultivate strong relationships and communication channels among stakeholders, and address practical factors like material flow, market demand, and policy support.
How to apply
When developing a circular product or service, map out the key stakeholders and identify opportunities to strengthen their interconnections and address potential barriers related to awareness, materials, and policy.
Project actions
- 01When researching a circular design project, consider how different stakeholders can collaborate effectively.
- 02Investigate the social networks and communication channels that support or hinder circular initiatives.
Method & Evidence
Variables
Strengths & Limitations
Strengths
- +Applies a relevant theoretical framework (Social Capital Theory).
- +Identifies specific, actionable influencing factors for circular business models.
Limitations
It can be challenging to objectively measure 'social capital' and its direct impact on business outcomes in a design project.
Reliability & validity
The study's reliance on qualitative data and theoretical interpretation may limit generalizability. Further quantitative research could enhance reliability and validity.
Think critically
How might the 'linking' and 'bridging' aspects of social capital be actively designed into a new circular product ecosystem?
Design Principles
"Design for collaboration by integrating social capital development into circular strategy."
Designing for a circular economy requires a shift from linear, isolated processes to interconnected ecosystems. Understanding the social dynamics that enable collaboration is crucial for developing robust and scalable circular solutions.
What This Means for Your Design
For circular businesses to work well together, they need good relationships and communication. Things like people knowing about the circular economy, having a good work environment, using the right materials, customers wanting circular products, supportive laws, skilled people, and clear communication all help.
How to use in your project
- 1.Reference this study when discussing the importance of stakeholder engagement and network building in your circular design project.
Add to My Project
Quick Cite
(2023). Influencing factors driving collaboration in circular business models. International Journal of Logistics Research and Applications. https://doi.org/10.1080/13675567.2023.2254258 Retrieved from https://designdex.org/study/b1255dd4-9b03-4dab-aeeb-83a26842ceec/social-capital-fuels-circular-business-model-collaboration
Paragraph starter
This research highlights that the success of circular business models is heavily reliant on effective collaboration, which is in turn driven by social capital. Factors such as community awareness, a supportive workplace, access to circular materials, market demand, favourable business and political standards, individual expertise, and strong communication skills are identified as crucial influencers. Therefore, any design project aiming to implement or support circularity must consider the development of robust stakeholder networks and address these practical influencing factors.
Source
International Journal of Logistics Research and Applications
Influencing factors driving collaboration in circular business models
journal · 2023
View sourceQuestions about this research
- What does the research say about social capital fuels circular business model collaboration?
- To foster successful circular business models, actively cultivate strong relationships and communication channels among stakeholders, and address practical factors like material flow, market demand, and policy support. Evidence: International Journal of Logistics Research and Applications (2023).
- Why does "Social Capital Fuels Circular Business Model Collaboration" matter for design?
- Designing for a circular economy requires a shift from linear, isolated processes to interconnected ecosystems. Understanding the social dynamics that enable collaboration is crucial for developing robust and scalable circular solutions.
- How can designers apply this research?
- To foster successful circular business models, actively cultivate strong relationships and communication channels among stakeholders, and address practical factors like material flow, market demand, and policy support.
- What were the main findings?
- Social capital (bonding, linking, bridging) is a critical enabler for collaboration in circular business models.. Specific influencing factors for circular business models include awareness, workplace environment, material availability, market demand, political standards, individual expertise, and communication skills.
- What research method was used?
- Qualitative research using a theoretical lens (Social Capital Theory) and case study analysis..
- How strong is the evidence?
- Evidence strength is rated Strong effect, based on a 2023 journal from International Journal of Logistics Research and Applications.
- What should I do differently in my next project?
- When developing a circular product or service, map out the key stakeholders and identify opportunities to strengthen their interconnections and address potential barriers related to awareness, materials, and policy.
- What are the limitations?
- The study provides a snapshot of current practices and may not capture the full dynamic evolution of circular ecosystems.
- Is there evidence that circular affects design outcomes?
- The study found that strong social connections and networks are essential for circular businesses to work together, and that factors like public awareness, a supportive work environment, access to circular materials, customer demand, political backing, employee skills, and good communication all play a role in making t Source: International Journal of Logistics Research and Applications (2023).
- Where does this circular business research apply?
- Circular economy transition, business model innovation, supply chain management. It sits within resource management research on designdex.org.
Related research topics
circular design research · evidence on circular · does circular improve design outcomes · circular business studies for designers · circular and circular business findings · resource management research evidence