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Four Types of Value Creation

For a business to be successful, it needs to be able to create and capture value. 

Dr Erwin van der Laan and David Peck discuss four ways businesses can create value in a circular economy. We return to these four types of value creation in the Philips Healthcare case and in the assignment.

In this video, Erwin van der Laan explains what ‘sourcing value’ is:

 

 

 

David Peck interviews Nestor Coronado Palma, Circular Economy Program Director at Philips Healthcare. 

In this video Nestor talks about the business value of refurbishing for Philips. While watching the interview, try to identify the value types that were explored earlier (sourcing value, environmental value, customer value and informational value).