Circular business models fostering sustainable production and consumption (POK)

Having defined the concept, the course will deepen the topic from a business model perspective: frameworks and tools will be presented as a valuable means to design and evaluate Circular Business Models. Besides, the transition from linear to circular economy involves not only the company per se but also the whole business ecosystem. Accordingly, the concept of circular ecosystems will be defined together with the rationale behind the need for circular ecosystems. The course will also unveil the role of platforms in enabling the transition towards Circular economy. The course ends by identifying the main factors impacting Circular Economy adoption and investigating their role in the transition from linear to circular economy: digital technologies, policies and financing mechanisms.

Total workload of the course: 8 hours

This MOOC is provided by Politecnico di Milano.

By actively participating in this MOOC, you will achieve different intended learning outcomes (ILOs).

Week 1

Define the concept of Circular Economy

List its principles and clearly differentiate linear economy from circular economy

Describe the main models at the core of Circular Economy (e.g., the Butterfly Diagram)

Get to know some practical examples of companies applying Circular Economy principles

List its principles and clearly differentiate linear economy from circular economy

Week 2

Describe the classification of Circular Economy business models

Use a useful and handy tool to frame a successful Circular Economy Business Model

Define the concept of circular ecosystem and its rationale

Explain the role of platforms in Circular Economy

Week 3

Explain the role of digital technologies in enabling Circular Economy transition

Explain the role of policies in supporting Circular Economy transition

Describe the importance of financing mechanisms for Circular Economy