Circular Business Model Innovation and Its Relationship With Business Performance in Brazilian Industrial Chemical Companies

This study aimed to analyze the relationship between circular business model innovation and business performance in Brazilian industrial chemical companies. This is a quantitative study carried out through a survey with Brazilian industrial companies. Based on a homogeneity analysis (Homals), the re...

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Bibliographic Details
Main Authors: Francies Diego Motke, Clandia Maffini Gomes, Jordana Marques Kneipp, Ana Paula Perlin, Luana Inês Damke, Tatiane Balbinot Lamberti
Format: Article
Language:English
Published: Frontiers Media S.A. 2022-01-01
Series:Frontiers in Sustainability
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/frsus.2021.766696/full
Description
Summary:This study aimed to analyze the relationship between circular business model innovation and business performance in Brazilian industrial chemical companies. This is a quantitative study carried out through a survey with Brazilian industrial companies. Based on a homogeneity analysis (Homals), the results showed that the high degree of innovation in business models from the adoption of circular economy (CE) strategies in the analyzed companies confirms that a significant change leads to superior performance, especially in market, production, economic and financial, and social.
ISSN:2673-4524