Unlocking the circular economy through new business models based on large-scale data: An integrative framework and research agenda

Abstract

This work makes the case for the integration of the circular economy (CE)and large-scale data (LD), also known as big data. The paper is one of the first to integrate conceptual and practical trends regarding: (a)the ReSOLVE based models of the circular economy; (b)key stakeholders roles in pursuing a more sustainable society; and (c)the volume, velocity, variety, and veracity (4V's)of large-scale data (LD)management. This study's contributions include: (1)introducing a new integrative framework to enhance the understanding of the CE-LD nexus; (2)a relational matrix which illustrates the complexity of large-scale data and stakeholders management; and (3)a research agenda, with clear research propositions and future research direction. The proposed CE-LD integrative framework provides socio-technical insights for academics, practitioners, managers, and policy decision-makers. © 2017 Elsevier Inc.