LUT-DC4: Circular economy and digitalization of business

Supervisors: Prof. Mikko Pynnönen (LUT) and Prof. Anne-Laure Mention (RMIT) and Industry Mentor Juha Kauppinen (Mikkeli Development, Miksei Ltd)

Project 1: Orchestrating circular economy platforms

Circular economy is based on a new kind of business logic and ecosystems of platforms. Understanding the orchestration and value creation principles in these ecosystems helps the companies to utilize the benefits of these channels and to develop and manage their ventures to be a part of these international value systems. The aim of this project is to study the orchestration models, business models and development strategies of circular economy platforms e.g. in the water management industry.

 

Project 2: Digital servitization of knowledge

 The Internet of Things (IoT) challenges the way even modern business models are built. IoT enables new kind of services based on e.g. monitoring, control and streamlining of industrial and customer processes. Companies who master these new business logics of digital services can build a significant competitive advantage. The aim of this project is to study the business functions and processes that IoT can replace and the capabilities and networks needed to operate the digital services.

 

Project 3: Circular economy business models

Circular economy creates new premises for companies and their business models. Therefore, the companies have to radically change their business models and redesign their products, services and processes. Innovative circular business models contribute to slow down, close down and to narrow down the resource loops. The aim of this project is to study the circular business model structures, the logic of value creation and different paths to build circular business. 

 

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Reference

LUT-DC4

Research Areas

International Business, Business Management, Entrepreneurship, Marketing and Supply Chain and Logistics

Research Host

Lappeenranta – Lahti University of Technology (LUT)

PhD awarding institution/s

Lappeenranta – Lahti University of Technology (LUT) & RMIT University

Location

Finland

Status

Closed Position

RMIT University

Other Positions

Supervisors

Associate Prof. Andrey Molotnikov (RMIT), Professor Dr.-Ing. Thomas Niendorf (UoK), Philipp Krooss (UoK) and Dr. Markus Weinmann (UoK)

PhD awarding institution/s

University of Kassel (UoK) and RMIT University

Location

Germany

Status

Open Position

Supervisors

Prof. Jenny Zhang (RMIT) and Prof. Jose Antonio Vilar-Fernandez (UDC) and José Luis González Leal (Navantia) and Prof. Amparo Alonso-Betanzos (UDC) and Prof. Vicente Díaz-Casas (UDC) and Prof. Marcos Miguez González (UDC)

PhD awarding institution/s

University of A Coruña (UDC) and RMIT University

Location

Spain

Status

Open Position

Supervisors

Prof. Anne-Laure Mention (RMIT) and Associate Prof. Carsten Nico Hjortso (UPCH) and Dr. Marie Smed (UPCH)

PhD awarding institution/s

University of Copenhagen (UCPH) and RMIT University

Location

Denmark

Status

Open Position

RMIT and many of the REDI partners are HSR4R certified
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This project has received funding from the European Union’s Horizon 2020 research and innovation programme under the Marie Skłodowska-Curie grant agreement No 101034328.

Results reflect the author’s view only. The European Commission is not responsible for any use that may be made of the information it contains