Open Access. Powered by Scholars. Published by Universities.®

Life Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

Environmental Studies

PDF

Selected Works

2017

Articles 1 - 1 of 1

Full-Text Articles in Life Sciences

Emerging Drivers And Business Models For Equipment Reuse And Remanufacturing In The Us Lessons From The Biotech Industry-2017.Pdf, Vesela R. Veleva, Gavin Bodkin Sep 2017

Emerging Drivers And Business Models For Equipment Reuse And Remanufacturing In The Us Lessons From The Biotech Industry-2017.Pdf, Vesela R. Veleva, Gavin Bodkin

Vesela Veleva

While regulations have advanced product take-back in some markets, challenges to increasing product reuse and remanufacturing remain. Most research to date has focused on original equipment manufacturers (OEMs) taking back and remanufacturing their products, which is often problematic.  The present study demonstrates that there are emerging opportunities for small companies with innovative business models to enter the market and advance product end-of-life (EoL) management. The paper examines the biotechnology industry – a growing sector with high spending on lab equipment and relatively short lifespans of R&D instruments. Building on previous research and analysis of industry practices and emerging drivers for …