This module will explore the different business models available to operate in the circular economy, examine their basic assumptions, test, explore, build and validate alternative business models and give tools to evaluate the outcomes. The module will also introduce the students to the basic premises of the sharing economy and platform businesses.
Understanding and creating the viable business models also requires extensive knowledge of the operating environment and all the relevant stakeholders that need to be involved in creating a circular economy business model. A rigorous stakeholder analysis is thus also introduced in the module and students are exposed to exploring the industries and their relevant players as well as stakeholders outside of the immediately relevant industry in question.