Circular business models redefine value creation through resource efficiency, waste reduction, and closed-loop systems. This transformation of traditional linear value chains utilizes strategies such as resource recovery, product life extension, and regenerative design. Numerous industries have shown how circular innovations have driven growth, reduced costs, and enhanced competitiveness. Despite the growing recognition of circular business models, challenges to their widespread adoption remain. Value Creation and Circular Business Models for Resource Scarcity examines the concept of circular business models, outlining the principles of the circular economy and its importance in today's resource-scarce world. Additionally, it looks ahead to the future of circular economies, identifying emerging trends and opportunities for businesses and policymakers. Covering topics such as carbon emissions, organizational culture, and consumer responsibility, this book is an excellent resource for industry leaders, business executives, economists, professionals, researchers, scholars, academicians, and more.
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Muhammad Suhrab is a PhD Scholar at School of Management, Huazhong University of Science and Technology (HUST), Wuhan, China. Research associate at ILMA University Pakistan. Published high quality papers in different top journals. He is serving as part of editorial team for the journal of effective teaching methods.
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