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The transformation to a circular economy: framing an evolutionary view

Author

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  • Armaghan Chizaryfard

    (Politecnico di Milano
    KTH Royal Institute of Technology)

  • Paolo Trucco

    (Politecnico di Milano)

  • Cali Nuur

    (KTH Royal Institute of Technology)

Abstract

The notion of the circular economy (CE) has recently been put forth as a strategy to mitigate climate change. It has gained attention in policy circles and in the engineering and natural science literature. In contrast to the linear model of production, use and disposal, the point of departure for the CE is the creation and sustention of a regenerative system with the goal of minimising resource inputs and emissions. However, although the emerging literature has discussed the ongoing transition process towards the CE, mainly from an ecological perspective, the underlying mechanisms of industrial change including structural tensions have not been discussed. Responding to this gap in the literature, the aim of this paper is to discuss CE as an evolutionary process and to propose a conceptual framework that builds on a development block approach.

Suggested Citation

  • Armaghan Chizaryfard & Paolo Trucco & Cali Nuur, 2021. "The transformation to a circular economy: framing an evolutionary view," Journal of Evolutionary Economics, Springer, vol. 31(2), pages 475-504, April.
  • Handle: RePEc:spr:joevec:v:31:y:2021:i:2:d:10.1007_s00191-020-00709-0
    DOI: 10.1007/s00191-020-00709-0
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    More about this item

    Keywords

    Circular economy; Industrial transformation; Evolutionary economics; Structural tensions; Development block; Complementarities;
    All these keywords.

    JEL classification:

    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • B15 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Historical; Institutional; Evolutionary

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