Evidence of Circular Business Model Innovation in Agribusinesses in Rwanda.

Autor: Sung Kyu Kim, Taremwa, Nathan Kanuma, Vasanthakaalam, Hilda, Bayer, Thomas, Miller, Vanessa, Majiwa, Eucabeth, Macharia, Ibrahim
Předmět:
Zdroj: Proceedings of ISPIM Conferences; 2023, p1-7, 7p
Abstrakt: African economies are susceptible to global food market shocks and prices. Incorporating circular and regenerative strategies into domestic agricultural production and processing has been identified as a possible solution. This requires transforming linear business models into circular models. However, lessons from circular innovations are limited to examples from advanced economies focusing mainly on industrial technology. Little is known about circularity in agribusinesses in emerging economies. This research addresses this gap by assessing various circular business model innovations found in agribusinesses in Rwanda. The Rwandan government is committed to the circular economy model, and agriculture is a priority and targeted sector for the CE transition. Qualitative and quantitative data from 16 companies were collected. Initial findings indicate that examples of circular practices primarily focus on reusing, repairing, repurposing material, and regenerating soil fertility. Particular challenges are related to a lack of infrastructure, such as locally available packaging materials and machinery. [ABSTRACT FROM AUTHOR]
Databáze: Complementary Index