Considering that recycling is seldom economically viable, this study analyzes how recycling organizations perceive institutional voids and adapt their business models to propel a transition from waste crisis to establishing waste management services. The analysis is embedded in the sustainability transitions literature and is approached from an institutional void and business model lens. Qualitative research was conducted with 23 organizations in the recycling industry of Lebanon. The main findings revealed that public voids mainly cause constraints with few exceptions of opportunities, whereas some market voids are perceived as constraints at times and opportunities at others, and coping with these voids leads to a convergence of business models. This study contributes to business model adaptation by examining its role in the transition process and to sustainability transitions research by focusing on how niche-level actors introduce waste management services that are otherwise the regime's responsibility.

中文翻译：

---

回收行业的制度空白和商业模式趋同


考虑到回收在经济上很少可行，本研究分析了回收组织如何看待制度缺陷并调整其商业模式以推动从废物危机到建立废物管理服务的转变。该分析嵌入在可持续发展转型文献中，并从制度空白和商业模式的角度进行分析。与黎巴嫩回收行业的 23 个组织进行了定性研究。主要发现表明，公共空白主要造成限制，几乎没有机会，而某些市场空白有时被视为限制，有时被视为机会，而应对这些空白会导致商业模式的趋同。这项研究通过考察其在转型过程中的作用，有助于商业模式的适应，并通过重点关注利基层面的参与者如何引入废物管理服务，而这些服务本来是政府的责任，从而有助于可持续性转型研究。