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

Louise Møller Haase*, Ruth Mugge, Mette Alberg Mosgaard, Nancy Bocken, Melanie Jaeger-Erben, Massimo Pizzol, Michael Søgaard Jørgensen

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

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.
Original languageEnglish
Article number107502
JournalResources Conservation and Recycling
Volume204
DOIs
Publication statusE-pub ahead of print - 1 May 2024

Keywords

  • Actor roles
  • Circular behaviour
  • Circular economy
  • Inner loops
  • Lifecycle
  • Value chain dynamics
  • Value preservation

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