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A Definition and Theoretical Review of the Circular Economy, Value Creation, and Sustainable Business Models: Where Are We Now and Where Should Research Move in the Future?

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Cited by:

  1. Bernard Twaróg, 2024. "Assessing Polarisation of Climate Phenomena Based on Long-Term Precipitation and Temperature Sequences," Sustainability, MDPI, vol. 16(19), pages 1-31, September.
  2. Pina Puntillo, 2023. "Circular economy business models: Towards achieving sustainable development goals in the waste management sector—Empirical evidence and theoretical implications," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(2), pages 941-954, March.
  3. Filippo Marchelli & Giorgio Rovero & Massimo Curti & Elisabetta Arato & Barbara Bosio & Cristina Moliner, 2021. "An Integrated Approach to Convert Lignocellulosic and Wool Residues into Balanced Fertilisers," Energies, MDPI, vol. 14(2), pages 1-15, January.
  4. Zahid Yousaf & Mirela Panait & Umair Tanveer & Alina Cretu & Andrei Hrebenciuc & Sheikh Muhammad Zahid, 2022. "Value Creation through Frugal Innovation, Innovation Capability and Knowledge Sharing in a Circular Economy," Sustainability, MDPI, vol. 14(14), pages 1-14, July.
  5. Rocío González-Sánchez & Davide Settembre-Blundo & Anna Maria Ferrari & Fernando E. García-Muiña, 2020. "Main Dimensions in the Building of the Circular Supply Chain: A Literature Review," Sustainability, MDPI, vol. 12(6), pages 1-25, March.
  6. Vinit Parida & Joakim Wincent, 2019. "Why and how to compete through sustainability: a review and outline of trends influencing firm and network-level transformation," International Entrepreneurship and Management Journal, Springer, vol. 15(1), pages 1-19, March.
  7. Katarzyna Brendzel-Skowera, 2021. "Circular Economy Business Models in the SME Sector," Sustainability, MDPI, vol. 13(13), pages 1-21, June.
  8. Siraj Zahran, 2024. "Investigating the Nexus between Green Supply Chain Practices and Sustainable Waste Management in Advancing Circular Economy," Sustainability, MDPI, vol. 16(9), pages 1-16, April.
  9. Maryam Hina & Chetna Chauhan & Rajat Sharma & Amandeep Dhir, 2023. "Circular economy business models as pillars of sustainability: Where are we now, and where are we heading?," Business Strategy and the Environment, Wiley Blackwell, vol. 32(8), pages 6182-6209, December.
  10. Henrike Holwerda & Willem Haanstra & Jan Braaksma, 2024. "Operationalizing the Circular Economy—A Longitudinal Study on Sustained Circular Action," Sustainability, MDPI, vol. 16(14), pages 1-15, July.
  11. Mladen Krstić & Giulio Paolo Agnusdei & Snežana Tadić & Milovan Kovač & Pier Paolo Miglietta, 2023. "A Novel Axial-Distance-Based Aggregated Measurement (ADAM) Method for the Evaluation of Agri-Food Circular-Economy-Based Business Models," Mathematics, MDPI, vol. 11(6), pages 1-27, March.
  12. Kristoffersen, Eivind & Mikalef, Patrick & Blomsma, Fenna & Li, Jingyue, 2021. "Towards a business analytics capability for the circular economy," Technological Forecasting and Social Change, Elsevier, vol. 171(C).
  13. Fernando E. García-Muiña & María Sonia Medina-Salgado & Anna Maria Ferrari & Marco Cucchi, 2020. "Sustainability Transition in Industry 4.0 and Smart Manufacturing with the Triple-Layered Business Model Canvas," Sustainability, MDPI, vol. 12(6), pages 1-19, March.
  14. Ramakrishnan Ramanathan & Usha Ramanathan & Katarzyna Pelc & Imke Hermens, 2024. "How Do Existing Organizational Theories Help in Understanding the Responses of Food Companies for Reducing Food Waste?," Sustainability, MDPI, vol. 16(4), pages 1-18, February.
  15. Marzena Smol & Paulina Marcinek & Joanna Duda, 2024. "Circular Business Models (CBMs) in Environmental Management—Analysis of Definitions, Typologies and Methods of Creation in Organizations," Sustainability, MDPI, vol. 16(3), pages 1-25, January.
  16. Eleonora Santos & Inês Lisboa, 2022. "The Effects of Subsidies on MSW Treatment Companies: Financial Performance and Policy Implications," Sustainability, MDPI, vol. 14(5), pages 1-22, March.
  17. Nizar Abdelkafi & Jinou Xu & Margherita Pero & Federica Ciccullo & Antonio Masi, 2023. "Does the combination of sustainable business model patterns lead to truly sustainable business models? Critical analysis of existing frameworks and extensions," Journal of Business Economics, Springer, vol. 93(4), pages 597-634, May.
  18. Gonzalez-Ollauri, Alejandro & Thomson, Craig S. & Mickovski, Slobodan B., 2020. "Waste to Land (W2L): A novel tool to show and predict the spatial effect of applying biosolids on the environment," Agricultural Systems, Elsevier, vol. 185(C).
  19. Sara Alonso-Muñoz & Rocío González-Sánchez & Cristina Siligardi & Fernando Enrique García-Muiña, 2021. "Building Exploitation Routines in the Circular Supply Chain to Obtain Radical Innovations," Resources, MDPI, vol. 10(3), pages 1-18, March.
  20. Ghinoi, Stefano & Silvestri, Francesco & Steiner, Bodo, 2020. "The role of local stakeholders in disseminating knowledge for supporting the circular economy: a network analysis approach," Ecological Economics, Elsevier, vol. 169(C).
  21. Patrizia Gazzola & Enrica Pavione & Stefano Amelio & Martina Mauri, 2024. "Sustainable Strategies and Value Creation in the Food and Beverage Sector: The Case of Large Listed European Companies," Sustainability, MDPI, vol. 16(22), pages 1-16, November.
  22. Ahmed Zainul Abideen & Jaafar Pyeman & Veera Pandiyan Kaliani Sundram & Ming-Lang Tseng & Shahryar Sorooshian, 2021. "Leveraging Capabilities of Technology into a Circular Supply Chain to Build Circular Business Models: A State-of-the-Art Systematic Review," Sustainability, MDPI, vol. 13(16), pages 1-26, August.
  23. Kerem Toker & Ali Görener, 2023. "Evaluation of circular economy business models for SMEs using spherical fuzzy TOPSIS: an application from a developing countries’ perspective," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(2), pages 1700-1741, February.
  24. Jacqueline M. Cramer, 2020. "The Function of Transition Brokers in the Regional Governance of Implementing Circular Economy—A Comparative Case Study of Six Dutch Regions," Sustainability, MDPI, vol. 12(12), pages 1-21, June.
  25. Zerbino, Pierluigi & Stefanini, Alessandro & Aloini, Davide & Dulmin, Riccardo & Mininno, Valeria, 2021. "Curling linearity into circularity: The benefits of formal scavenging in closed-loop settings," International Journal of Production Economics, Elsevier, vol. 240(C).
  26. Barbara Brenner, 2018. "Transformative Sustainable Business Models in the Light of the Digital Imperative—A Global Business Economics Perspective," Sustainability, MDPI, vol. 10(12), pages 1-25, November.
  27. Maria Cerreta & Eleonora Giovene di Girasole & Giuliano Poli & Stefania Regalbuto, 2020. "Operationalizing the Circular City Model for Naples’ City-Port: A Hybrid Development Strategy," Sustainability, MDPI, vol. 12(7), pages 1-26, April.
  28. Codruța Cornelia Dura & Ana Maria Mihaela Iordache & Alexandru Ionescu & Claudia Isac & Teodora Odett Breaz, 2022. "Analyzing Performance in Wholesale Trade Romanian SMEs: Framing Circular Economy Business Scenarios," Sustainability, MDPI, vol. 14(9), pages 1-34, May.
  29. Nadia Yusuf & Miltiadis D. Lytras, 2023. "Competitive Sustainability of Saudi Companies through Digitalization and the Circular Carbon Economy Model: A Bold Contribution to the Vision 2030 Agenda in Saudi Arabia," Sustainability, MDPI, vol. 15(3), pages 1-20, February.
  30. Madanaguli, Arun & Sjödin, David & Parida, Vinit & Mikalef, Patrick, 2024. "Artificial intelligence capabilities for circular business models: Research synthesis and future agenda," Technological Forecasting and Social Change, Elsevier, vol. 200(C).
  31. Jing Shao & Cedric Aneye & Alyona Kharitonova & Wei Fang, 2023. "Essential innovation capability of producer‐service enterprises towards circular business model: Motivators and barriers," Business Strategy and the Environment, Wiley Blackwell, vol. 32(7), pages 4548-4567, November.
  32. Daniel Guzzo & Adriana Hofmann Trevisan & Marcia Echeveste & Janaina Mascarenhas Hornos Costa, 2019. "Circular Innovation Framework: Verifying Conceptual to Practical Decisions in Sustainability-Oriented Product-Service System Cases," Sustainability, MDPI, vol. 11(12), pages 1-29, June.
  33. Piciu Gabriela-Cornelia, 2022. "Circular Economy - An Instrument To Mitigate Climate Change," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 109-113, August.
  34. Long Ren & Shaojie Cong & Xinlong Xue & Daqing Gong, 2024. "Credit rating prediction with supply chain information: a machine learning perspective," Annals of Operations Research, Springer, vol. 342(1), pages 657-686, November.
  35. Federico Zilia & Jacopo Bacenetti & Michela Sugni & Agata Matarazzo & Luigi Orsi, 2021. "From Waste to Product: Circular Economy Applications from Sea Urchin," Sustainability, MDPI, vol. 13(10), pages 1-18, May.
  36. Belhadi, Amine & Kamble, Sachin S. & Chiappetta Jabbour, Charbel Jose & Mani, Venkatesh & Khan, Syed Abdul Rehman & Touriki, Fatima Ezahra, 2022. "A self-assessment tool for evaluating the integration of circular economy and industry 4.0 principles in closed-loop supply chains," International Journal of Production Economics, Elsevier, vol. 245(C).
  37. Bing Rong & Chentao Zhang & Shuhao Yang & Tongyi Liu & Chengjun Chu, 2023. "Spatial Characteristics and Influencing Factors of Green Development Progress Level of Private Enterprises in China: Based on Large Collection Surveys," Sustainability, MDPI, vol. 15(15), pages 1-21, July.
  38. Marlin Hoffman & Catherina J. Schenck & Frederick Herbst, 2022. "Exploring the Intersection Where Business Models, a Circular Economy and Sustainability Meet in the Waste Economy: A Scoping Review," Sustainability, MDPI, vol. 14(6), pages 1-14, March.
  39. Marlies van Tilburg & Harold Krikke & Wim Lambrechts, 2022. "Supply Chain Relationships in Circular Business Models: Supplier Tactics at Royal Smit Transformers," Logistics, MDPI, vol. 6(4), pages 1-24, October.
  40. Steffen Foldager Jensen & Jesper Hemdrup Kristensen & Jonas Nygaard Uhrenholt & Maria Camila Rincón & Sofie Adamsen & Brian Vejrum Waehrens, 2022. "Unlocking Barriers to Circular Economy: An ISM-Based Approach to Contextualizing Dependencies," Sustainability, MDPI, vol. 14(15), pages 1-17, August.
  41. Svetlana Ratner & Konstantin Gomonov & Inna Lazanyuk & Svetlana Revinova, 2021. "Barriers and Drivers for Circular Economy 2.0 on the Firm Level: Russian Case," Sustainability, MDPI, vol. 13(19), pages 1-24, October.
  42. Valeria Ferreira Gregorio & Laia Pié & Antonio Terceño, 2018. "A Systematic Literature Review of Bio, Green and Circular Economy Trends in Publications in the Field of Economics and Business Management," Sustainability, MDPI, vol. 10(11), pages 1-39, November.
  43. Stephanie Lang & Giulia Minnucci & Matthias Mueller & Michael P. Schlaile, 2023. "The Role of Consumers in Business Model Innovations for a Sustainable Circular Bioeconomy," Sustainability, MDPI, vol. 15(12), pages 1-19, June.
  44. Seppo Junnila & Juudit Ottelin & Laura Leinikka, 2018. "Influence of Reduced Ownership on the Environmental Benefits of the Circular Economy," Sustainability, MDPI, vol. 10(11), pages 1-13, November.
  45. Rita Henriques & Filipa Figueiredo & João Nunes, 2023. "Consumers’ Perspectives on Circular Economy: Main Tendencies for Market Valorization," Sustainability, MDPI, vol. 15(19), pages 1-26, September.
  46. Sugiyono & Bart J. Dewancker, 2020. "Study on the Domestic Water Utilization in Kota Metro, Lampung Province, Indonesia: Exploring Opportunities to Apply the Circular Economic Concepts in the Domestic Water Sector," Sustainability, MDPI, vol. 12(21), pages 1-23, October.
  47. Elena Aurelia Botezat & Anca Otilia Dodescu & Sebastian Văduva & Silvia Liana Fotea, 2018. "An Exploration of Circular Economy Practices and Performance Among Romanian Producers," Sustainability, MDPI, vol. 10(9), pages 1-17, September.
  48. Lauren M. Degenstein & Rachel H. McQueen & Naomi T. Krogman & Lisa S. McNeill, 2023. "Integrating Product Stewardship into the Clothing and Textile Industry: Perspectives of New Zealand Stakeholders," Sustainability, MDPI, vol. 15(5), pages 1-20, February.
  49. Lazar Gitelman & Elena Magaril & Mikhail Kozhevnikov & Elena Cristina Rada, 2019. "Rational Behavior of an Enterprise in the Energy Market in a Circular Economy," Resources, MDPI, vol. 8(2), pages 1-19, April.
  50. Canio Manniello & Dina Statuto & Andrea Di Pasquale & Gerardo Giuratrabocchetti & Pietro Picuno, 2020. "Planning the Flows of Residual Biomass Produced by Wineries for the Preservation of the Rural Landscape," Sustainability, MDPI, vol. 12(3), pages 1-13, January.
  51. Chen, Yu & Ling, Guang & Song, Xiangxiang & Tu, Wenhui, 2023. "Characterizing the statistical complexity of nonlinear time series via ordinal pattern transition networks," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 618(C).
  52. Enru Wang & Changhong Miao & Xiaofei Chen, 2022. "Circular Economy and the Changing Geography of International Trade in Plastic Waste," IJERPH, MDPI, vol. 19(22), pages 1-19, November.
  53. Roberta Angelis, 2022. "Circular Economy Business Models: a Repertoire of Theoretical Relationships and a Research Agenda," Circular Economy and Sustainability, Springer, vol. 2(2), pages 433-446, June.
  54. Alisha Tuladhar & Konstantinos Iatridis & Dimo Dimov, 2024. "Collaboration among circular start‐ups and incumbents in the circular economy context," Business Strategy and the Environment, Wiley Blackwell, vol. 33(4), pages 3317-3330, May.
  55. Bianca Yamaguchi & Toru Takahashi & Cristian Iulian Vlad & Hiroaki Kaneko & Ana Damaschin, 2020. "The Impact of Resource-Based Circular Economic Models in Japan," Romanian Economic Business Review, Romanian-American University, vol. 15(3), pages 1-28, September.
  56. Bahman Peyravi & Artūras Jakubavičius, 2022. "Drivers in the Eco-Innovation Road to the Circular Economy: Organiational Capabilities and Exploitative Strategies," Sustainability, MDPI, vol. 14(17), pages 1-18, August.
  57. Arne Nygaard, 2022. "From Linear to Circular Economy: a Transaction Cost Approach to the Ecological Transformation of the Firm," Circular Economy and Sustainability, Springer, vol. 2(3), pages 1127-1142, September.
  58. Claudia Diana Sabău-Popa & Alexandra Maria Bele & Anca Otilia Dodescu & Marcel Ioan Boloș, 2022. "How Does the Circular Economy Applied in the European Union Support Sustainable Economic Development?," Sustainability, MDPI, vol. 14(16), pages 1-16, August.
  59. Katja Beyer & Marlen Gabriele Arnold, 2022. "Social sustainability in an evolving circular fashion industry: identifying and triangulating concepts across different publication groups [Soziale Nachhaltigkeit in einer sich entwickelnden zirkul," Sustainability Nexus Forum, Springer, vol. 30(1), pages 29-54, December.
  60. Rocsana Bucea-Manea-Țoniş & Aleksandar Šević & Milena P. Ilić & Radu Bucea-Manea-Țoniş & Nevenka Popović Šević & Larisa Mihoreanu, 2021. "Untapped Aspects of Innovation and Competition within a European Resilient Circular Economy. A Dual Comparative Study," Sustainability, MDPI, vol. 13(15), pages 1-16, July.
  61. Aidana Tleuken & Galym Tokazhanov & Kebir Mohammed Jemal & Ramazan Shaimakhanov & Magzhan Sovetbek & Ferhat Karaca, 2022. "Legislative, Institutional, Industrial and Governmental Involvement in Circular Economy in Central Asia: A Systematic Review," Sustainability, MDPI, vol. 14(13), pages 1-26, July.
  62. Riggs, Randy & Felipe, Carmen M. & Roldán, José L. & Real, Juan C., 2024. "Information systems capabilities value creation through circular economy practices in uncertain environments: A conditional mediation model," Journal of Business Research, Elsevier, vol. 175(C).
  63. Kristoffersen, Eivind & Mikalef, Patrick & Blomsma, Fenna & Li, Jingyue, 2021. "The effects of business analytics capability on circular economy implementation, resource orchestration capability, and firm performance," International Journal of Production Economics, Elsevier, vol. 239(C).
  64. Daniele Eckert Matzembacher & Mervi Raudsaar & Marcia Dutra de Barcellos & Tõnis Mets, 2020. "Business Models’ Innovations to Overcome Hybridity-Related Tensions in Sustainable Entrepreneurship," Sustainability, MDPI, vol. 12(11), pages 1-17, June.
  65. Victoria Akberdina & Wadim Strielkowski & Natalia Linder & Sergey Kashirin & Lyudmila Shmeleva, 2023. "Information Technology and Digital Sufficiency for Building the Sustainable Circular Economy," Energies, MDPI, vol. 16(3), pages 1-14, January.
  66. Roberto Hernández-Chea & Akriti Jain & Nancy M. P. Bocken & Anjula Gurtoo, 2021. "The Business Model in Sustainability Transitions: A Conceptualization," Sustainability, MDPI, vol. 13(11), pages 1-25, May.
  67. Johannes Matschewsky, 2019. "Unintended Circularity?—Assessing a Product-Service System for its Potential Contribution to a Circular Economy," Sustainability, MDPI, vol. 11(10), pages 1-27, May.
  68. Amaia Sopelana & Asier Oleaga & Juan José Cepriá & Karmen Fifer Bizjak & Helena Paiva & Francisco-Javier Rios-Davila & Adriana H. Martinez & Antonio Cañas, 2023. "Enhancing Circular Business Model Implementation in Pulp and Paper Industry (PPI): A Phase-Based Implementation Guide to Waste Valorisation Strategies," Sustainability, MDPI, vol. 15(24), pages 1-21, December.
  69. Soni, Vivek & Gnekpe, Christian & Roux, Mélanie & Anand, Rashmi & Vann Yaroson, Emilia & Kumar Banwet, Devinder, 2023. "Adaptive distributed leadership and circular economy adoption by emerging SMEs," Journal of Business Research, Elsevier, vol. 156(C).
  70. Miha Dominko & Kaja Primc & Renata Slabe-Erker & Barbara Kalar, 2023. "A bibliometric analysis of circular economy in the fields of business and economics: towards more action-oriented research," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(7), pages 5797-5830, July.
  71. Małgorzata Dobrowolska & Lilla Knop, 2020. "Fit to Work in the Business Models of the Industry 4.0 Age," Sustainability, MDPI, vol. 12(12), pages 1-18, June.
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