Institute for Technology and Innovation Management at RWTH Aachen
This study investigates the co-creation of value propositions in circular economy ecosystems, addressing a critical gap in understanding how these can be developed in a multilateral context and, at the same time, embody economic, ecological, and social values. Recognizing the unsustainable exploitation of natural resources and the need for systemic transformation, this research explores the transformation of resource flows to build a circular economy. Conducting a multi-case study across eleven emerging ecosystems in Germany, spanning various industries, we utilized structured interviews and secondary data analysis, guided by the ReSOLVE framework. Our findings reveal four distinct approaches to developing value propositions, contingent on resource type (finite or renewable) and flow maturity. Key insights include the critical role of resource type in the development process, with optimization and looping crucial for finite resources, and optimization and exchange for renewables. Notably, the study uncovers a neglect of looping in renewable resource ecosystems, potentially hindering their full integration into a circular economy. Our research contributes significantly to the field by offering a nuanced understanding of material flow ecosystems, emphasizing the importance of multilateral collaboration and the integration of social, ecological, and economic goals. This holistic perspective enriches the literature and provides a strategic framework for practitioners.
