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Implementing circular economy principles: evidence from multiple cases
Production Planning & Control, Pages: 1 - 18
Swansea University Author: Gary Walpole
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© 2024 The Author(s). This is an Open Access article distributed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives License (CC BY-NC-ND 4.0).
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DOI (Published version): 10.1080/09537287.2024.2415417
Abstract
With an orientation on sustainability and economic growth, the concept of circular economy (CE) emerges to tackle socio-environmental challenges. Current literature has provided important frameworks from CE operations and business model perspectives. However, in practice, companies are still facing...
Published in: | Production Planning & Control |
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ISSN: | 0953-7287 1366-5871 |
Published: |
Informa UK Limited
2024
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Online Access: |
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URI: | https://cronfa.swan.ac.uk/Record/cronfa68066 |
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Abstract: |
With an orientation on sustainability and economic growth, the concept of circular economy (CE) emerges to tackle socio-environmental challenges. Current literature has provided important frameworks from CE operations and business model perspectives. However, in practice, companies are still facing the challenges of insufficient knowledge, lack of standard procedure, and resource constraint. Thus, this paper aims to answer the research questions: how can companies effectively implement CE principles in their operations? And how can such implementation result in value creation such as new products or service solutions? Through conducting seven case studies mainly in Wales, UK, our paper identifies the key activities of CE implementation projects, proposes a holistic process model, and further addresses three different CE scenarios. Our study contributes to the understanding of CE process and circular business models with empirical evidence. Findings can provide future research direction as well as implication for business and policy makers. |
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Keywords: |
Circular economy, sustainability, waste management, case studies, SDG 17: Partnerships for the goals |
College: |
Faculty of Humanities and Social Sciences |
Funders: |
This research was funded by Wales Innovation Network. |
Start Page: |
1 |
End Page: |
18 |