| 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 |
| DOI |
10.1080/00213624.2020.1778404 |
| 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." |
| Author Keywords |
circular economy; business models; ecological sustainability; public policy; higher efficiency |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Social Science Citation Index (SSCI) |
| EID |
WOS:000566353200004 |
| WoS Category |
Economics |
| Research Area |
Business & Economics |
| PDF |
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