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Prof Silvia Sedita (University of Padova) / Dr Silvia Blasi (University of Verona) - Unleashing economic growth through circular business models and innovation networks: a configurational analysis

Venue: Online

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We are pleased to announce the 1st Seminar Series on Governance, Institutions, and Sustainability” jointly hosted by the Centre for Political Economy and Institutional Studies and by the Birkbeck Responsible Business Centre, within the Birkbeck Business School.   

In our rapidly evolving world, the intricate web connecting governance, institutions, and sustainability has become increasingly prominent. We invite scholars, researchers, and practitioners to enhance this very important debate and to join us in exploring the profound intertwining of these critical elements at our upcoming seminar series.



This study investigates the impact of combining circular business models and innovation networks on economic growth. Using data collected in 2017 through a collaboration between Legambiente and the University of Padova, we empirically examine 47 Italian firms engaged in circular business practices. Employing fuzzy set qualitative comparative analysis (fsQCA), we explore various pathways to economic growth. Surprisingly, having an extensive collaboration network or relying on in-depth partnerships isn't always essential for success; in some cases, they are ineffective. Additionally, we find that circular practices can be effective when adopted independently, with a trade-off between reuse/recycling and selling waste to other companies. This study offers practical insights for managers in developing a thriving circular economy business ecosystem, emphasizing the interplay between circular business practices and innovation networks. It contributes to moving beyond circular stagnation and utopian ideals, providing actionable recommendations for businesses aiming to achieve economic growth through circular strategies.



Prof Silvia Sedita (University of Padova) Dr Silvia Blasi (University of Verona) 


Hosting Institutes 

Centre for Political Economy and Institutional Studies (CPEIS), Birkbeck Responsible Business Centre (RBC)


Convener/Organiser: Dr Luca Andriani


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