Innovative circular practices integrating business model for textile industry

Abstract

Circular economy embedded in business models have gained prominence in scientific research, as they describe strategies to create, capture, and deliver value. Despite the increase of studies on this topic, there is a lack of integration of the several circular business model practices in the literature, which hinders the circularity of products effectively. Then, this paper proposes a model that integrates circular business model practices in the textile industry. The method consisted of bibliometric and systematic literature review and Delphi. The result was the integrative business model of 27 circular practices for the textile industry. The theoretical contribution was to structure a business model not yet found in the literature. From the management perspective, the model can support the decision-making in textile industry aiming to recover resources. Other contribution, the model proposes ways to reduce the extraction of new resources, which preserves the environment and improves the lives of people.