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Evaluating Circular Economy under a Multi-Parametric Approach: A Technological Review

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  • Grigorios L. Kyriakopoulos

    (School of Electrical and Computer Engineering, Electric Power Division, Photometry Laboratory, National Technical University of Athens, 15780 Athens, Greece)

  • Vasilis C. Kapsalis

    (School of Mechanical Engineering, Sector of Industrial Management and Operations Research, National Technical University of Athens, 15780 Athens, Greece)

  • Konstantinos G. Aravossis

    (School of Mechanical Engineering, Sector of Industrial Management and Operations Research, National Technical University of Athens, 15780 Athens, Greece)

  • Miltiadis Zamparas

    (6 th Region of Healthcare Authority: Peloponnese, Epirus, Ionian Islands and Western Greece, Ιpatis 1, 26441 Patras, Greece)

  • Alexandros Mitsikas

    (School of Mechanical Engineering, Sector of Industrial Management and Operations Research, National Technical University of Athens, 15780 Athens, Greece)

Abstract

A circular economy (CE) is conceptualized under different rounds of materials and energy cycling flows and is a matter of a three-level deployment: inter-enterprise circulation, regional circulation, and social circulation. Regarding them, the aim of this research was to get an update on the current technological advances and the perspectives of its implementation. Thus, a multi-parametric approach has been conducted to analyze the functionality of technologies in wastewater treatment, organic waste management, agrarian development, and food waste in the context of CE. Beside the narrative of the technological view, a critical approach assimilates the environmental, marketing, economic, governmental, and procedural viewpoints and leads to key indicators which are subject to positive and negative externalities. Due to this co-existence, we denoted the complexity of CE principle implementation and the need for specific envisage in each case, while proposing strategies are formulated in the light of social-environmental impact. Finally, further research gaps were proposed for deeper consideration.

Suggested Citation

  • Grigorios L. Kyriakopoulos & Vasilis C. Kapsalis & Konstantinos G. Aravossis & Miltiadis Zamparas & Alexandros Mitsikas, 2019. "Evaluating Circular Economy under a Multi-Parametric Approach: A Technological Review," Sustainability, MDPI, vol. 11(21), pages 1-24, November.
  • Handle: RePEc:gam:jsusta:v:11:y:2019:i:21:p:6139-:d:283252
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    References listed on IDEAS

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    Cited by:

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    3. Zhang, Xiaobin & Chu, Zhaofang & Ren, Lei & Xing, Jianguo, 2023. "Open innovation and sustainable competitive advantage: The role of organizational learning," Technological Forecasting and Social Change, Elsevier, vol. 186(PA).
    4. Mattia Cottes & Matia Mainardis & Patrizia Simeoni, 2023. "Assessing the Techno-Economic Feasibility of Waste Electric and Electronic Equipment Treatment Plant: A Multi-Decisional Modeling Approach," Sustainability, MDPI, vol. 15(23), pages 1-16, November.
    5. Manal Hamam & Gaetano Chinnici & Giuseppe Di Vita & Gioacchino Pappalardo & Biagio Pecorino & Giulia Maesano & Mario D’Amico, 2021. "Circular Economy Models in Agro-Food Systems: A Review," Sustainability, MDPI, vol. 13(6), pages 1-18, March.
    6. Damián Burneo & José M. Cansino & Rocio Yñiguez, 2020. "Environmental and Socioeconomic Impacts of Urban Waste Recycling as Part of Circular Economy. The Case of Cuenca (Ecuador)," Sustainability, MDPI, vol. 12(8), pages 1-22, April.
    7. Zając, P. & Avdiushchenko, A., 2020. "The impact of converting waste into resources on the regional economy, evidence from Poland," Ecological Modelling, Elsevier, vol. 437(C).
    8. Miltiadis Zamparas & Grigorios L. Kyriakopoulos & Marios Drosos & Vasilis C. Kapsalis & Ioannis K. Kalavrouziotis, 2020. "Novel Composite Materials for Lake Restoration: A New Approach Impacting on Ecology and Circular Economy," Sustainability, MDPI, vol. 12(8), pages 1-17, April.
    9. Do, Quynh & Ramudhin, Amar & Colicchia, Claudia & Creazza, Alessandro & Li, Dong, 2021. "A systematic review of research on food loss and waste prevention and management for the circular economy," International Journal of Production Economics, Elsevier, vol. 239(C).
    10. Vítor Domingues Martinho & Paulo Reis Mourão, 2020. "Circular Economy and Economic Development in the European Union: A Review and Bibliometric Analysis," Sustainability, MDPI, vol. 12(18), pages 1-25, September.
    11. Mariano González-Sánchez & Juan Luis Martín-Ortega, 2020. "Greenhouse Gas Emissions Growth in Europe: A Comparative Analysis of Determinants," Sustainability, MDPI, vol. 12(3), pages 1-22, January.
    12. Dalia Streimikiene & Grigorios L. Kyriakopoulos & Vidas Lekavicius & Indre Siksnelyte-Butkiene, 2021. "Energy Poverty and Low Carbon Just Energy Transition: Comparative Study in Lithuania and Greece," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 158(1), pages 319-371, November.
    13. Deniz Ikiz Kaya & Nadia Pintossi & Gamze Dane, 2021. "An Empirical Analysis of Driving Factors and Policy Enablers of Heritage Adaptive Reuse within the Circular Economy Framework," Sustainability, MDPI, vol. 13(5), pages 1-24, February.
    14. Mark Anthony Camilleri, 2021. "Sustainable Production and Consumption of Food. Mise-en-Place Circular Economy Policies and Waste Management Practices in Tourism Cities," Sustainability, MDPI, vol. 13(17), pages 1-13, September.

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