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Servitization and Circular Economy: Economic and Legal Challenges

Servitization and Circular Economy: Economic and Legal Challenges

Author: Bert Keirsbilck; Evelyne Terryn
Publisher: Intersentia Publishers
ISBN: 9781839702631
Published In: May 2023
Format: Hardback
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only

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Have you ever thought of renting a washing machine or subscribing to a ventilation service? The transition from a linear to a more circular economy that uses less scarce raw materials and causes less negative environmental impact, entails new business models and a shift from buying products to using products (‘servitization’, ‘access-based consumption’).

This trend has a huge potential, also in economic terms, not the least in b2b markets. However, taking into account behavioral barriers, and in absence of a clear regulatory framework, users feel uncertain and hesitant to engage in new, circular product-service systems (‘PSS’).

This book compiles the academic papers presented at a two-day international and interdisciplinary conference held in Leuven on 21 and 22 April 2022. This conference was organized at KU Leuven by Consumer Competition Market, in cooperation with the Renson Chair for data-driven servitization in creating healthy spaces, with the support of the European Law Institute. This book identifies economic and behavioral drivers and barriers of servitization as well as the main legal challenges in the servitization process.

Human Behavior in the Transition from a Linear to a Circular Economy

Trust and Consumers’ Attitudes towards Product-Service Systems. Comparing Flanders and the Netherlands

Servitization, IoT and Circular Economy. Need for Regulatory Intervention at EU Level?

Servitization and Competition Law

Circularity in Servitization. Managing the Need for Product Change in Contract and Product Liability Law

Contractual Liability, Exoneration and Redress in the B2B Contractual Chain

Movable Servitization. Contractual Liability in the B2C Relationship

Ensuring Circularity in Service Contracts

Property Law and Circular Economy

Servitization in Real Estate and Insolvency Risk