Circular Business Models in the Mobile Phone Industry
Author | : David Watson |
Publisher | : Nordic Council of Ministers |
Total Pages | : 90 |
Release | : 2017-11-30 |
ISBN-10 | : 9789289352031 |
ISBN-13 | : 9289352035 |
Rating | : 4/5 (31 Downloads) |
Book excerpt: The circular economy offer opportunities to reduce resource use and waste whilst providing business opportunities. This is also true in the mobile phone industry that has been characterised by high rates of product obsolescence. The emergence of the smart phone has changed the landscape, making repair, refurbishment and resell attractive to businesses and consumers. Moreover, emerging modular phone design should allow functional upgrades with low resource wastage. This report investigates the adoption of circular business models within Nordic markets. Producers, retailers, refurbishers, recyclers and resellers tell of their motivation, experiences and the challenges that they face. A special look is taken at consumer and waste law and the challenges and opportunities they represent. The report ends with 17 policy proposals that can accelerate the adoption of circularity in the sector.