Partnering as a Tool for Circular Economy Risk Reduction in the Building Sector
Term
4. Term
Publication year
2025
Submitted on
2025-05-27
Abstract
This master’s thesis explores how collaboration can reduce stakeholder-perceived risks related to implementing circular economy practices in Denmark. A literature review identified 25 barriers to circularity, many of which are closely tied to risk. The study found that risk is a central concern limiting the uptake of circular approaches. The research question of this thesis: How can collaboration reduce stakeholder-perceived risks associated with implementing circular economy in renovation projects? is answered through 17 semi-structured interviews with stakeholders across the building sector. Several stakeholders expressed a need for new forms of collaboration that facilitate shared risk and build trust. Drawing on a theoretical framework of cooperation through network, partnering and strategic partnerships. It is concluded that partnering is currently the most effective model for collaboration when implementing the circular economy. It offers a structured yet flexible approach that supports early stakeholder involvement, joint problem-solving and more equitable risk distribution. While partnering does not eliminate risk, it can enable a more supportive environment for circular innovation. Its success, however, hinges on strong communication and a commitment to trust-building.
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