Figure 1
The flow diagram has four vertical stage labels along the left side: Identification, Screening, Eligibility, and Included. Under Identification, three source boxes list Scopus: 149, ScienceDirect: 23, and Google Scholar: 13. Arrows from all three source boxes converge on Full text articles remaining: 111. A note to the right points to this box and states that only articles from management, social studies, environment, business administration, and other related domains were considered. A downward arrow leads to Screening 1: Full text articles remaining: 97. A note to the right points to this box and states that duplicates, non-peer reviewed studies, works not in English, and a few articles where C B M was almost absent were removed. A downward arrow leads to Screening 2: Full text articles remaining: 51. A note to the right points to this box and states that papers related to B 2 C, and papers where authors are from Sweden but the context is not Sweden-based or aligned with the Swedish industrial context, were removed. A downward arrow leads to Full text articles remaining: 67 under Eligibility. A note to the right points to this box and states that articles were added through cross-referencing related to C B M s, sustainable business models, and business models incorporating circularity principles to support the definitions and conceptual arguments. A downward arrow leads to Full text articles remaining: 102. A note to the right points to this box and states that grey literature was added from newspaper articles, blogs, vlogs, annual and sustainability reports, and reports from Swedish industrial companies. A final downward arrow leads to Articles used in this study: 87 under Included. A note to the right points to this box and states that documents were discarded due to repetitive practices and distinct documents were retained.The literature search and refinement process