Servitized Business Model Innovation for Improved Circular Economy Performance in the Built Environment: Global South Perspectives and Transition ... Studies in International Real Estate)

This book addresses the urgent need for sustainable practices in property development, particularly within the South African context.It provides an innovative perspective on the transition from traditional Linear Economy Business Models to Circular Economy Business Models through the lens of Servitized Business Model Innovation.It aims to bridge the gap between academic theory and practical implementation, offering insights, strategies, and frameworks for property developers, policymakers, and other stakeholders to effectively adopt and implement circular and servitized approaches in the built environment. The book is structured to address three interconnected objectives: examining the drivers and challenges associated with transitioning to circular economy practices, analyzing the critical role of servitized business models in enhancing circular performance, and offering a framework to guide and manage these transitions effectively.It systematically examines the socio-economic, regula