Multifactor Study on Circular Business Models in Textile sector
The report “Multifactor Study on Circular Business Models in the textile sector” was done by the Telavalue project in 2024. The researchers come from Turku University of Applied Sciences, VTT and LAB Turku University of Applied Sciences.
The report summarizes the research made in Telavalue in 2022-24 on the novel circular business.
The aim was to understand the future possibilities for companies to create value and maintain profitability when the production decreases. The novel circular business models included to the research are
- product as a service,
- reuse,
- take-back,
- on demand production and
- sharing platforms models.
Together with the companies and researchers, two business models were chosen to closer investigation. This meant intensive research on the business models from six different viewpoints: environmental, social, economic, consumer, design and data.
The output from the research on circular business models is a multifactor study on the business models from the social, environmental, economical, consumer, design and data viewpoints and a summary of the researchers’ findings. You can find the report here: “Multifactor Study on Circular Business Models in the textile sector”
Additionally, we have put the results of the work together in Finnish into a webinar that can be found on Telaketju webpages.
Piia Nurmi
Turun UAS – Kiertotalouslabra kiertotalouslabra@turkuamk.fi