Including Environmental Impact Considerations in the Business Model Innovation Process for Industrial Symbiosis: The GAIA model

Leonie Schlüter, Kasper David Pedersen Storrs, Lone Kørnøv, Ivar Lyhne, Søren Løkke, Lucia Mortensen, Belinda Nors, Rasmus Revsbeck

Research output: Contribution to book/anthology/report/conference proceedingArticle in proceedingResearchpeer-review

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Abstract

Industrial symbiosis, as a collective approach for using excess resources, is considered a means to realizing a circular economy. Industrial symbiosis can be seen as a way of improving the environmental sustainability of individual companies’ business models, as well as a way of creating collaborative business models that are widely considered an archetype of circular business models in themselves. While there is a variety of tools addressing ideation, identification of potentials, concept development in the business model innovation process for industrial symbiosis, simple tools for estimating environmental impacts beyond rules of thumb are missing. This extended abstract presents the process and results from co-creating a tool called the ”GAIA-model”, based on systems thinking elements and consequential LCA paradigm. The tool was used in 42 business model innovation processes, spanning 16 different industrial symbioses in collaboration with 24 companies. Through exemplifying the use of the tool in two selected cases, this extended abstract illustrates how tools of this type can give users a better understanding of environmental impacts throughout the business model innovation process, where feedback loops, burden shifting, and potential adaptations are considered.
Original languageEnglish
Title of host publicationProceedings of the 7th International Conference on New Business Models
Publication date24 Jun 2022
Publication statusPublished - 24 Jun 2022
Event7th International Conference on New Business Models - Rome, Italy
Duration: 23 Jun 202224 Jun 2022
https://www.accademiaaidea.it/call-for-papers/7th-international-conference-on-new-business-models/

Conference

Conference7th International Conference on New Business Models
Country/TerritoryItaly
CityRome
Period23/06/202224/06/2022
Internet address

Keywords

  • Systems thinking
  • Lifecycle assessment
  • Industrial Symbiosis
  • Business model innovation
  • Circular business model
  • Sustainable business model innovation
  • Practitioner tool
  • Environmental assessment
  • Environmental impacts
  • Sustainability

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