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Title	Circular Economy Business Models: A Critical Examination
ID_Doc	864
Authors	Whalen, CJ; Whalen, KA
Title	Circular Economy Business Models: A Critical Examination
Year	2020
Published	Journal Of Economic Issues, 54, 3
Abstract	In recent decades, increasing numbers of scholars and practitioners have rejected the conventional, "linear" view of economic activity (centered on "take, make, and dispose") in favor of a "circular economy" perspective, which emphasizes the need for humans to live in harmony with Earth's ecological system. As a consequence, various contemporary business models claim to draw inspiration from this new perspective. However, our critical examination reveals that many of these models say little about-and, on their own, may contribute little to achieving-ecological sustainability. We conclude by stressing the need for public policies that enable society to pursue what institutionalists call "higher efficiency."
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