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The Transition to the Circular Economy through Buyback Programs

Author

Listed:
  • NeamÈ›u Daniela Mihaela

    (“Stefan cel Mare†University of Suceava)

  • State Mihaela

    (“Stefan cel Mare†University of Suceava)

Abstract

The way we produce and consume contributes to many of today's environmental issues such as global warming, pollution, exhaustion of natural resources and biodiversity loss. In a circular economy, the value of products and materials is kept if possible, waste and use of resources are minimized, and resources do not leave the economic flow once they are at the end of their lifetime but are reused and create value. The aim of this paper is to investigate the degree of association of buyback programs with the concept of circular economy among young people. In terms of research methods, the questionnaire-based investigation method was chosen. The survey was conducted on a sample of 130 young people. The methodological tool used has the advantage of providing complex information and the objective possibility of correlating the indicators, thus making it possible to obtain credible and easy to interpret results.

Suggested Citation

  • NeamÈ›u Daniela Mihaela & State Mihaela, 2018. "The Transition to the Circular Economy through Buyback Programs," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 323-328, December.
    • Handle: RePEc:ovi:oviste:v:xviii:y:2018:i:2:p:323-328
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    References listed on IDEAS

    as
    1. Alan Murray & Keith Skene & Kathryn Haynes, 2017. "The Circular Economy: An Interdisciplinary Exploration of the Concept and Application in a Global Context," Journal of Business Ethics, Springer, vol. 140(3), pages 369-380, February.
    2. Christophe Sempels & Jonas Hoffmann, 2013. "Sustainable Innovation Strategy," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-137-35261-3, October.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    circular economy; sustainable development; recycling; buyback;
    All these keywords.

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth

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