Who are the value transformers, value co-operators and value gatekeepers? New routes to value preservation in a sufficiency-based circular economy

Open Access
Authors
  • L.M. Haase
  • R. Mugge
  • M.A. Mosgaard
  • N. Bocken
  • M. Jaeger-Erben
  • M. Pizzol
  • M. Søgaard Jørgensen
Publication date 05-2024
Journal Resources, conservation and recycling
Article number 107502
Volume | Issue number 204
Number of pages 10
Organisations
  • Faculty of Economics and Business (FEB) - Amsterdam Business School Research Institute (ABS-RI)
Abstract
Value preservation is key for the transition from a linear economy to a sufficiency-based circular economy. However, to keep the value of products and materials at the highest level possible over time, different actors such as businesses, designers, consumers, and policymakers must know when value is reduced during a product's lifetime, and how to capture and preserve this value.

This study results in a comprehensive mapping of factors with a negative impact on the perceived value of products from a consumer's perspective and suggests new routes to value preservation, as a way of turning the negative factors into positive changes. Next, the paper presents a conceptual model for value preservation. The model identifies new key actors: value transformers (product developers), value co-operators (consumers), value gatekeepers (businesses), and value accountants (policymakers) and suggests important changes to their linear practices, which are needed for the sufficiency-based circular economy paradigm to flourish.
Document type Article
Language English
Published at https://doi.org/10.1016/j.resconrec.2024.107502
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