Work

Introducing a Circular Economy: New Thinking with New Managerial and Policy Implications

Year: 2018

Type: article

Abstract: 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.

Source: California Management Review

DOI: 10.1177/0008125618764691

Authors: Mark Esposito, Terence Tse, Khaled Soufani

Institutions: Harvard University, University of Cambridge, Hult International Business School, ESCP Business School

Language: English

Topic: Sustainable Supply Chain Management

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Responsible consumption and production

Open Access status: green

OpenAlex ID: W2801219242

FWCI: 37.38

Cites:

Cited by: 359

Related to: 10