A Typology of Circular Sport Business Models: Enabling Sustainable Value Co-Creation in the Sport Industry

There is a continuing interest in the relationship between sport and nature. As a new field, sport ecology explores the impact sport has on the natural environment and how sport organizations and individuals can promote sustainability. However, a critical element is still missing in the sport ecology discourse-the link between organizations' sustainability efforts and their value cocreation processes. The circular economy can provide this link by decoupling the value co-creation of sport business models from their environmental impact and resource depletion. Based on an extensive literature review, this study provides a new theoretically derived typology of circular sport business models, including comprehensive reasoning about sustainable value co-creation processes in the sport industry. It explains how sport managers of all three sectors-for-profit, public, and nonprofit- can transition toward more sustainable and circular business practices and offer integrative guidelines for future research.