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Implementing circular economy principles: evidence from multiple cases

Zheng Liu Orcid Logo, Nick Clifton, Homeira Faqdani, Songdi Li, Gary Walpole Orcid Logo

Production Planning & Control, Pages: 1 - 18

Swansea University Author: Gary Walpole Orcid Logo

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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...

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Published in: Production Planning & Control
ISSN: 0953-7287 1366-5871
Published: Informa UK Limited 2024
Online Access: Check full text

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.
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