Circular Economy Business Model as an Environmental Solution to Decarbonization for The Cruise Ship Market of Wärtsilä
Le, Tho; Trinh, My (2021)
Le, Tho
Trinh, My
2021
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2021053112747
https://urn.fi/URN:NBN:fi:amk-2021053112747
Tiivistelmä
Decarbonization is becoming one of the global concerns, especially for those companies which are operating in manufacturing and heavy industry. The transition from a linear business model to circular business model, therefore, is considered as one of the solutions to the matter. This research aims at studying the circular business model adopted by one of the most influencing actors in Finnish heavy industry, Wärtsilä.
The research mainly employed the theory of circular economy and circular business model in order to directly approach the subject of the study. Basically, the qualitative method was applied through interview and desk research due to time constraint and limited materials on similar research.
The results presented in this study is based on the interview conducted with the managing director in the maritime solution of Wärtsilä. Therefore, the quality of the results are reliable and can be a well grounded resource for further projects or academic studies.
The research mainly employed the theory of circular economy and circular business model in order to directly approach the subject of the study. Basically, the qualitative method was applied through interview and desk research due to time constraint and limited materials on similar research.
The results presented in this study is based on the interview conducted with the managing director in the maritime solution of Wärtsilä. Therefore, the quality of the results are reliable and can be a well grounded resource for further projects or academic studies.