Title |
The transformative impact of the circular economy on marketing theory |
ID_Doc |
929 |
Authors |
Mostaghel, R; Oghazi, P; Lisboa, A |
Title |
The transformative impact of the circular economy on marketing theory |
Year |
2023 |
Published |
|
DOI |
10.1016/j.techfore.2023.122780 |
Abstract |
The circular economy (CE) is growing, and an increasing number of businesses are becoming aware of it. Demand from customers and new regulations from policymakers motivated many practitioners to transform their business models into circular business models. However, academia has not followed the same pace. Considering that the circular economy encloses unique attributes, it is crucially required to re-frame traditional marketing strategy theories. This article rigorously investigates marketing theory and practice in the CE, identifies the challenges of marketing in the CE, and introduces a new definition of marketing and additional stimulus in the marketing mix. Further, the article provides theoretical and managerial implications. |
Author Keywords |
Circular Economy; Marketing; Strategy; Theory; Theory -in -use; Circular Business Model |
Index Keywords |
Index Keywords |
Document Type |
Other |
Open Access |
Open Access |
Source |
Social Science Citation Index (SSCI) |
EID |
WOS:001144699600001 |
WoS Category |
Business; Regional & Urban Planning |
Research Area |
Business & Economics; Public Administration |
PDF |
https://doi.org/10.1016/j.techfore.2023.122780
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