Circular Business Models and driving factors for organizational resilience: A Systematic Literature Review.

Nowadays, industrial firms are increasingly required to develop resilient supply chains to better face turbulent environments by adapting to unforeseen and frequent disruptions. To this regard, researchers strongly agree that fostering innovation toward circular business models can influence resilience capability development. This, however, may depend on the model features. Regenerative business models rule how resources can circulate back to the original supply chain or the external ecosystem through consecutive cycles of repair, reuse, refurbish, remanufacture, and recycle. This lowers the firm’s dependence on external suppliers, thus increasing the firm’s resilience to supply shortages. On the contrary, resource efficient business models can design out intermediate leakages and waste, resulting in lean systems with less redundancies, which turn out to be less resilient to shocks. Although the exploitation of circular business models for supply chain resilience has been investigated by researchers in literature so far, findings are still fragmented and sparse as deriving by the numerous antecedents of Circular Economy principles e.g., sustainability, industrial ecology. To this aim, a systematic literature review of previous studies is conducted. The results of bibliometric and content analyses are presented, and their implications discussed.