International Journal of Science and Society, Volume 5, Issue 4, 2023
IJSOC © 2023
http://ijsoc.goacademica.com
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Zero Waste Business Model: Building A
Regenerative Business Model Through
Innovation and Collaboration
Goklas Siahaan
1
, Pilifus Junianto
2
, Andi Tenri Pada
3
, Carolina F. Sembiring
4
,
Desideria Regina
5
1
Universitas Mitra Karya, Bekasi, Indonesia
2
STIE Bentara Persada Batam, Indonesia
3
Institut Teknologi dan Bisnis Kalla, Makassar, Indonesia
4,5
Universitas Kristen Indonesia, Jakarta, Indonesia
Email: siahaangoklas1@gmail.com
Abstract
Traditional public businesses often prioritize profit over other things. This often causes
significant negative impacts on the environment and surrounding natural resources. One
step to overcome this problem is through the Zero Waste Business Model. This research
aims to see how regenerative business models can be implemented through innovation
and collaboration. This research will be carried out using a descriptive qualitative approach.
The data used in this research comes from the results of relevant previous studies and
research. The results of this research highlight the importance of cross-sector collaboration
in achieving zero waste and regenerative business goals, as well as the role of innovation
in supporting change towards sustainable business. In addition, this research also
identifies the obstacles faced in adopting sustainable business models, including policy
and regulatory constraints as well as internal challenges within the organization.
Keywords: Zero Waste, Circular Economy, Innovation, Collaboration.
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A. INTRODUCTION
Traditional business models often cause negative impacts on the environment
and the sustainability of natural resources. Practices such as waste, excessive use of
resources, and inefficient waste management have become global challenges that
require serious attention. Amid increasing awareness of environmental issues,
business concepts have emerged that promote zero waste and regenerative principles.
Zero waste business models focus on reducing waste, and maximally reusing and
recycling resources, while regenerative business models aim to restore the
environment and create positive value for society (Khalil & Nimmanunta, 2023).
A zero-waste approach not only has a positive impact on the environment but
can also generate significant economic benefits. More and more companies
understand the potential benefits that can be gained through reduced waste and more
efficient use of resources. However, to achieve the goal of zero waste and regenerative
business, innovation and collaboration are key (Kurniawan et al., 2021).
Innovation is an important element in creating a more sustainable business
model. Innovations can include the development of more environmentally friendly
products, more efficient production processes, or even completely new business