Knowledge Agora



Similar Articles

Title Circular Business Strategies and Quality of Life
ID_Doc 21193
Authors Nielsen, IB; Hakala, H
Title Circular Business Strategies and Quality of Life
Year 2022
Published Sustainability, 14.0, 3
Abstract Circular Economy (CE) and Quality of Life (QoL) are trending topics that have been researched extensively at both the local, regional and global levels. CE is often described as one of the key drivers of sustainability, and sustainability is one of the key drivers of improving QoL. However, studies that investigate the relationships between CE and QoL are rare, and a clear research gap exists. Therefore, this paper aims to initiate this discussion and bring forward illustrative examples on areas where CE could potentially have an impact on QoL, both on an individual and a societal level. By asking the question of how circular business strategies may impact QoL and how they relate, we investigate how CE can influence various aspects of QoL. We utilize the framework consisting of six CE strategies known under the acronym ReSOLVE to discuss how these CE strategies can be leveraged to impact QoL. Our discussion indicates a potential for both environmental and social gains through the implementation of circular product and service solutions. We also suggest that unintended consequences may occur, especially at the societal level. Hence, we propose that, while the discussion on CE has been focused on the environmental aspects of sustainability, the broader implications for QoL and other aspects of sustainability should also be included within the domain of CE implications. Hence, we propose that further research is necessary to develop a framework explaining the relationship between CE and QoL, encompassing both the positive and negative aspects.
PDF https://www.mdpi.com/2071-1050/14/3/1782/pdf?version=1644225429

Similar Articles

ID Score Article
417 Barros, MV; Salvador, R; do Prado, GF; de Francisco, AC; Piekarski, CM Circular economy as a driver to sustainable businesses(2021)
1779 Hoffman, M; Schenck, CJ; Herbst, F Exploring the Intersection Where Business Models, a Circular Economy and Sustainability Meet in the Waste Economy: A Scoping Review(2022)Sustainability, 14, 6
4813 Bansal, S; Jain, M; Garg, I; Srivastava, M Attaining circular economy through business sustainability approach: An integrative review and research agenda(2022)Journal Of Public Affairs, 22, 1
3310 Ortiz-de-Montellano, CGS; Samani, P; van der Meer, Y How can the circular economy support the advancement of the Sustainable Development Goals (SDGs)? A comprehensive analysis(2023)
979 Korhonen, J; Honkasalo, A; Seppälä, J Circular Economy: The Concept and its Limitations(2018)
619 Barreiro-Gen, M; Lozano, R How circular is the circular economy? Analysing the implementation of circular economy in organisations(2020)Business Strategy And The Environment, 29, 8
28355 Chen, CW Improving Circular Economy Business Models: Opportunities for Business and Innovation A new framework for businesses to create a truly circular economy(2020)Johnson Matthey Technology Review, 64.0, 1
133 Urbinati, A; Chiaroni, D; Chiesa, V Towards a new taxonomy of circular economy business models(2017)
6120 Tura, N; Hanski, J; Ahola, T; Ståhle, M; Piiparinen, S; Valkokari, P Unlocking circular business: A framework of barriers and drivers(2019)
3321 Sinha, E Identifying enablers and outcomes of circular economy for sustainable development: A systematic literature review(2022)Business Strategy And Development, 5, 3
Scroll