Functional Products Lifecycle: Governed by sustainable Win-Win Situations

The paper proposes a Functional Products (FP) lifecycle viewed from economic, ecologic and societal perspectives. The overall FP lifecycle is further discussed from the viewpoint of its technical and economic lifecycles. The paper suggests that the overall FP lifecycle is governed by a sustainable win-win situation between the provider and customer sides, and thus that there needs to be a balance regarding the perceived value for both parties.