Risk assessment for circular business models: A fuzzy Delphi study application for composite materials

Circular economy (CE) implementation requires the transition from linear business models (BMs) to circular ones, with related uncertainties and multi-disciplinary risks, which often discourage organisations. However, there is still a lack of understanding risks associated this process. This work thus aims identify, classify prioritise key risk factors for innovative BMs in order enable development appropriate management strategies. A fuzzy Delphi method was tailored assess obtained literature applied industrial case composite materials. 24 major were identified classified into six categories. The probability impact evaluated by experts then ranked calculating their scores. resultant appeared be external context organisations operate. Among those greatest generated take-back systems low customers’ acceptance CE products. research first address circularity structured way contributes field providing an extensive list classification as they are perceived industry, acting reference academics practitioners. Furthermore, it provides evaluation prioritisation within domain, highlighting critical specific materials suggesting action priorities establishment BMs.