Archives: Definitions

Servitization

Servitization is a new business model that let manufacturers offer their product as a service instead of selling products directly to consumers. Rolls-Royce, Spotify, and

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Planned Obsolescence

Planned obsolescence is a strategy in economics and industrial design that guarantees a product’s usefulness is limited to a fixed period of time by designing

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Cradle to Cradle (C2C)

Cradle to Cradle (C2C) is a sustainable design philosophy that models its business practices after the regenerative cycle found in nature. It applies the circular

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Circular economy

Our planet’s emerging resource problem is in need of a sustainable, practical, and long-lasting solution. Reserves of key resources are diminishing and the presence of

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Biomimicry

Today’s complex human challenges to come up with sustainable solutions for a healthy natural environment demands an innovative approach. In a circular economy, the aim

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