Product Design for Circular Business Models

A resource for exploring circular business models based on a systems approach that incorporate concepts from ecology (dynamic, connected, cycles and flows).  From Six design strategies for longer lasting products in circular economy:

The useful life of consumer products, being the amount of time between buying and discarding them, is getting ever shorter. What's more, most of these products are still functioning when they are discarded. Combine these facts with the rather steep and extremely volatile rise in the price of raw materials over the past decade and the predicted growth in global demand for raw materials and energy, and it becomes instantly clear that continuity and cost of supply are potentially major business risks. However, business risks often come along together with business opportunities, and it is exactly these that a project called Products That Last aims to explore.

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