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Systems Design and Innovations in Circular Economy: The Industry and Business Perspective

In: Handbook of Environmentally Conscious Manufacturing

Author

Listed:
  • Christian N. Madu

    (Lubin School of Business, Pace University
    University of Nigeria, Enugu Campus)

  • Valentine E. Nnadi

    (University of Nigeria, Enugu Campus)

  • Obiora Ezeudu

    (University of Nigeria, Enugu Campus)

  • Ifeanyi E. Madu

    (University of Nigeria)

  • Ikenna C. Ezeasor

    (University of Nigeria, Enugu Campus)

  • Emeka L. Udokporo

    (University of Nigeria, Enugu Campus)

  • Chioma V. Madu

    (University of Nigeria)

  • John C. Ewoh

    (University of Nigeria, Enugu Campus)

  • Obiageli J. Okolo

    (University of Nigeria, Enugu Campus)

Abstract

The need for economic growth to satisfy the growing population has often led to more extraction and use of limited natural resources. These resources are used in a manner that compromises the needs of the future generation and threatens the continuing existence of life on earth. The linear economic model approach where we procure, use, and dispose of the item as waste has contributed significantly to the degradation of the natural environment and has affected both the quality of life and the health of the society. It is no longer sustainable as the earth’s resources are dwindling and in short supply.

Suggested Citation

  • Christian N. Madu & Valentine E. Nnadi & Obiora Ezeudu & Ifeanyi E. Madu & Ikenna C. Ezeasor & Emeka L. Udokporo & Chioma V. Madu & John C. Ewoh & Obiageli J. Okolo, 2022. "Systems Design and Innovations in Circular Economy: The Industry and Business Perspective," Springer Books, in: Christian N. Madu (ed.), Handbook of Environmentally Conscious Manufacturing, edition 2, chapter 3, pages 27-38, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-75834-9_3
    DOI: 10.1007/978-3-030-75834-9_3
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