Introducing a circular economy: new thinking with new managerial and policy implications
Accepted version
Peer-reviewed
Repository URI
Repository DOI
Change log
Authors
Esposito, M
Tse, T
Soufani, K
Abstract
© 2018, The Regents of the University of California 2018. Since the industrial revolution, we have been living in a linear economy. Our consumer and “single use” lifestyles have made the planet a “take, make, dispose” world. This refers to a unidirectional model of production: natural resources provide our factory inputs, which are then used to create mass-produced goods to be purchased and, typically, disposed after a single use. This linear economy model of mass production and mass consumption is testing the physical limits of the globe. It is, therefore, unsustainable and a shift toward a circular economy is becoming inevitable.
Description
Keywords
circular economy, business models, sustainability, competitive strategy
Journal Title
California Management Review
Conference Name
Journal ISSN
0008-1256
2162-8564
2162-8564
Volume Title
60
Publisher
University of California