Frontiers in Sustainability (Jan 2022)
Circular Business Model Innovation and Its Relationship With Business Performance in Brazilian Industrial Chemical Companies
Abstract
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.
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