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Title Challenging Novelties within the Circular Economy Concept under the Digital Transformation of Society
ID_Doc 2370
Authors Ilic, MP; Rankovic, M; Dobrilovic, M; Bucea-Manea-Tonis, R; Mihoreanu, L; Gheta, MI; Simion, VE
Title Challenging Novelties within the Circular Economy Concept under the Digital Transformation of Society
Year 2022
Published Sustainability, 14, 2
DOI 10.3390/su14020702
Abstract The study makes, under a new configuration of the circular economy, a cross-country analysis based on the Competitiveness and Innovation Indicators in the E.U., i.e., two sub-criteria: private investments, jobs, and gross value added; and patents related to recycling and secondary raw materials as a proxy for innovation. The analysis proved that investments influence the number of patents, and participate in societal transformation. A further cluster analysis classified countries on the level of innovation. The cluster analysis in SPSS centres on significant potential, weaknesses, impact, and waste management control through blockchain technology. It is found that the factors that influence innovation, according to the Global Competitiveness Report, link the business dynamism and innovation capability with the capacity to sustain resilient ideas, such as competitive intelligence and social entrepreneurship. The discussions aim to prove that the efforts to rethink the circular economy principles contribute to its conceptual and societal transformation role through the implementation of innovative processes, inventive solutions, and blockchain technologies, and their social consequences to solve environmental problems. Once understood and accepted, CE will drive sustainable behaviour.
Author Keywords circular economy; competitiveness; investments and patents governance; innovation and policy for sustainability; societal transformation
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI)
EID WOS:000747541200001
WoS Category Green & Sustainable Science & Technology; Environmental Sciences; Environmental Studies
Research Area Science & Technology - Other Topics; Environmental Sciences & Ecology
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