IDEAS home Printed from https://ideas.repec.org/h/spr/circec/v1y2021i1d10.1007_s43615-021-00015-2.html
   My bibliography  Save this book chapter

From Sustainable Global Value Chains to Circular Economy—Different Silos, Different Perspectives, but Many Opportunities to Build Bridges

Author

Listed:
  • Joerg S. Hofstetter

    (KEDGE Business School)

  • Valentina Marchi

    (University of Padova)

  • Joseph Sarkis

    (Worcester Polytechnic Institute)

  • Kannan Govindan

    (University of Southern Denmark)

  • Robert Klassen

    (Western University)

  • Aldo R. Ometto

    (University of Sao Paulo)

  • Katharina S. Spraul

    (Technische Universität Kaiserslautern)

  • Nancy Bocken

    (Maastricht University)

  • Weslynne S. Ashton

    (Illinois Institute of Technology)

  • Sanjay Sharma

    (University of Vermont)

  • Melanie Jaeger-Erben

    (Technische Universität Berlin)

  • Charlotte Jensen

    (Aalborg University)

  • Paul Dewick

    (Keele University and University of Manchester)

  • Patrick Schröder

    (Chatham House)

  • Noemi Sinkovics

    (University of Auckland)

  • Sherwat E. Ibrahim

    (American University of Cairo)

  • Luke Fiske

    (Queen’s University)

  • Anthony Goerzen

    (Queen’s University)

  • Diego Vazquez-Brust

    (University of Portsmouth)

Abstract

A growing interest in the circular economy concept has pushed the discourse in various management-related disciplines beyond established boundaries, with calls to better address how such a model may be developed in a world of global value chains. Still, the conventional linear economy model continues to dominate business, society, and research. While the concept of better connecting physical output and input flows at multiple production or consumption levels is becoming more accepted, it remains unclear how to make this happen while ensuring that sustainability targets are met or exceeded. Multiple scientific communities contribute different perspectives to this discourse, with promising opportunities for research. Circular economy and sustainability from business and economics perspectives are multifaceted. The existing body of knowledge needs to be advanced to assist private individuals, business managers, investors, or policymakers in making informed decisions. In this article for the inaugural issue, we provide a snapshot of the discourses among those who have studied the circular economy and its related topics. We outline conceptual inroads and potential research questions to encourage further circular economy and sustainability research and discourse from business or economics perspectives as well as from the broader transdisciplinary angle. We propose three research pathways: (1) connecting output with input needs in a global circular economy; (2) beyond today’s business logic for a global circular economy; and (3) inclusion of the Global South in North-dominated circular economies. For each, we propose concepts, theories, or methodological approaches and offer various perspectives from the micro, macro, and meso levels.

Suggested Citation

  • Joerg S. Hofstetter & Valentina Marchi & Joseph Sarkis & Kannan Govindan & Robert Klassen & Aldo R. Ometto & Katharina S. Spraul & Nancy Bocken & Weslynne S. Ashton & Sanjay Sharma & Melanie Jaeger-Er, 2021. "From Sustainable Global Value Chains to Circular Economy—Different Silos, Different Perspectives, but Many Opportunities to Build Bridges," Circular Economy and Sustainability,, Springer.
    • Handle: RePEc:spr:circec:v:1:y:2021:i:1:d:10.1007_s43615-021-00015-2
    DOI: 10.1007/s43615-021-00015-2
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s43615-021-00015-2
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s43615-021-00015-2?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Elisabete Correia & Helena Carvalho & Susana G. Azevedo & Kannan Govindan, 2017. "Maturity Models in Supply Chain Sustainability: A Systematic Literature Review," Sustainability, MDPI, vol. 9(1), pages 1-26, January.
    2. Nancy Bocken & Lisa Smeke Morales & Matthias Lehner, 2020. "Sufficiency Business Strategies in the Food Industry—The Case of Oatly," Sustainability, MDPI, vol. 12(3), pages 1-20, January.
    3. Figge, Frank & Thorpe, Andrea Stevenson, 2019. "The symbiotic rebound effect in the circular economy," Ecological Economics, Elsevier, vol. 163(C), pages 61-69.
    4. Ashish Kothari & Federico Demaria & Alberto Acosta, 2014. "Buen Vivir, Degrowth and Ecological Swaraj: Alternatives to sustainable development and the Green Economy," Development, Palgrave Macmillan;Society for International Deveopment, vol. 57(3-4), pages 362-375, December.
    5. Korhonen, Jouni & Honkasalo, Antero & Seppälä, Jyri, 2018. "Circular Economy: The Concept and its Limitations," Ecological Economics, Elsevier, vol. 143(C), pages 37-46.
    6. Valentina De Marchi & Eleonora Di Maria & Stefano Micelli, 2013. "Environmental Strategies, Upgrading and Competitive Advantage in Global Value Chains," Business Strategy and the Environment, Wiley Blackwell, vol. 22(1), pages 62-72, January.
    7. Paul Dewick & Magnus Bengtsson & Maurie J. Cohen & Joseph Sarkis & Patrick Schröder, 2020. "Circular economy finance: Clear winner or risky proposition?," Journal of Industrial Ecology, Yale University, vol. 24(6), pages 1192-1200, December.
    8. Mark P. Dallas & Stefano Ponte & Timothy J. Sturgeon, 2019. "Power in global value chains," Review of International Political Economy, Taylor & Francis Journals, vol. 26(4), pages 666-694, July.
    9. Vincent Moreau & Marlyne Sahakian & Pascal Griethuysen & François Vuille, 2017. "Coming Full Circle: Why Social and Institutional Dimensions Matter for the Circular Economy," Journal of Industrial Ecology, Yale University, vol. 21(3), pages 497-506, June.
    10. Louise Laumann Kjaer & Daniela C. A. Pigosso & Monia Niero & Nynne Marie Bech & Tim C. McAloone, 2019. "Product/Service‐Systems for a Circular Economy: The Route to Decoupling Economic Growth from Resource Consumption?," Journal of Industrial Ecology, Yale University, vol. 23(1), pages 22-35, February.
    11. Kannan Govindan & Mia Hasanagic, 2018. "A systematic review on drivers, barriers, and practices towards circular economy: a supply chain perspective," International Journal of Production Research, Taylor & Francis Journals, vol. 56(1-2), pages 278-311, January.
    12. Richard Locke & Matthew Amengual & Akshay Mangla, 2009. "Virtue out of Necessity? Compliance, Commitment, and the Improvement of Labor Conditions in Global Supply Chains," Politics & Society, , vol. 37(3), pages 319-351, September.
    13. Marian Chertow & Weslynne Ashton & Juan Espinosa, 2008. "Industrial Symbiosis in Puerto Rico: Environmentally Related Agglomeration Economies," Regional Studies, Taylor & Francis Journals, vol. 42(10), pages 1299-1312.
    14. Jan Konietzko & Nancy Bocken & Erik Jan Hultink, 2020. "A Tool to Analyze, Ideate and Develop Circular Innovation Ecosystems," Sustainability, MDPI, vol. 12(1), pages 1-39, January.
    15. Valentina De Marchi & Eleonora Di Maria, 2019. "Environmental Upgrading and Suppliers’ Agency in the Leather Global Value Chain," Sustainability, MDPI, vol. 11(23), pages 1-17, November.
    16. Paul H Thibodeau & Lera Boroditsky, 2011. "Metaphors We Think With: The Role of Metaphor in Reasoning," PLOS ONE, Public Library of Science, vol. 6(2), pages 1-11, February.
    17. Phil Brown & Nancy Bocken & Ruud Balkenende, 2020. "How Do Companies Collaborate for Circular Oriented Innovation?," Sustainability, MDPI, vol. 12(4), pages 1-21, February.
    18. Jon Burchell & Joanne Cook, 2013. "CSR, Co-optation and Resistance: The Emergence of New Agonistic Relations Between Business and Civil Society," Journal of Business Ethics, Springer, vol. 115(4), pages 741-754, July.
    19. Trevor Zink & Roland Geyer, 2017. "Circular Economy Rebound," Journal of Industrial Ecology, Yale University, vol. 21(3), pages 593-602, June.
    20. Valentina De Marchi & Eleonora Di Maria & Aarti Krishnan & Stefano Ponte & Stephanie Barrientos, 2019. "Environmental upgrading in global value chains," Chapters, in: Stefano Ponte & Gary Gereffi & Gale Raj-Reichert (ed.), Handbook on Global Value Chains, chapter 19, pages 310-323, Edward Elgar Publishing.
    21. André Nogueira & Weslynne Ashton & Carlos Teixeira & Elizabeth Lyon & Jonathan Pereira, 2020. "Infrastructuring the Circular Economy," Energies, MDPI, vol. 13(7), pages 1-24, April.
    22. Geels, Frank W., 2002. "Technological transitions as evolutionary reconfiguration processes: a multi-level perspective and a case-study," Research Policy, Elsevier, vol. 31(8-9), pages 1257-1274, December.
    23. Marcos Ferasso & Tatiana Beliaeva & Sascha Kraus & Thomas Clauss & Domingo Ribeiro‐Soriano, 2020. "Circular economy business models: The state of research and avenues ahead," Business Strategy and the Environment, Wiley Blackwell, vol. 29(8), pages 3006-3024, December.
    24. Pratima (Tima) Bansal & Jury Gualandris & Nahyun Kim, 2020. "Theorizing Supply Chains with Qualitative Big Data and Topic Modeling," Journal of Supply Chain Management, Institute for Supply Management, vol. 56(2), pages 7-18, April.
    25. Clodia Vurro & M. Dacin & Francesco Perrini, 2010. "Institutional Antecedents of Partnering for Social Change: How Institutional Logics Shape Cross-Sector Social Partnerships," Journal of Business Ethics, Springer, vol. 94(1), pages 39-53, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Maria A. Barrufet & Elena M. Castell-Perez & Rosana G. Moreira, 2022. "Capture of CO2 and Water While Driving for Use in the Food and Agricultural Systems," Circular Economy and Sustainability,, Springer.
    2. Ahi, Alan A. & Sinkovics, Noemi & Shildibekov, Yelnur & Sinkovics, Rudolf R. & Mehandjiev, Nikolay, 2022. "Advanced technologies and international business: A multidisciplinary analysis of the literature," International Business Review, Elsevier, vol. 31(4).
    3. Eleonora Di Maria & Valentina De Marchi & Ambra Galeazzo, 2022. "Industry 4.0 technologies and circular economy: The mediating role of supply chain integration," Business Strategy and the Environment, Wiley Blackwell, vol. 31(2), pages 619-632, February.
    4. Jack Barrie & Patrick Schröder, 2022. "Circular Economy and International Trade: a Systematic Literature Review," Circular Economy and Sustainability,, Springer.
    5. De Marchi, Valentina & Cainelli, Giulio & Grandinetti, Roberto, 2022. "Multinational subsidiaries and green innovation," International Business Review, Elsevier, vol. 31(6).
    6. Alan A. Ahi & Noemi Sinkovics & Rudolf R. Sinkovics, 2023. "E-commerce Policy and the Global Economy: A Path to More Inclusive Development?," Management International Review, Springer, vol. 63(1), pages 27-56, February.
    7. Marcelo Werneck Barbosa, 2022. "A Critical Appraisal of Review Studies in Circular Economy: a Tertiary Study," Circular Economy and Sustainability,, Springer.
    8. Hochachka, Gail, 2023. "Climate change and the transformative potential of value chains," Ecological Economics, Elsevier, vol. 206(C).
    9. Taghipour, Amirhossein & Akkalatham, Wareerath & Eaknarajindawat, Natnaporn & Stefanakis, Alexandros I., 2022. "The impact of government policies and steel recycling companies' performance on sustainable management in a circular economy," Resources Policy, Elsevier, vol. 77(C).
    10. Chedrak Chembessi & Christophe Beaurain & Geneviève Cloutier, 2022. "Analyzing Technical and Organizational Changes in Circular Economy (CE) Implementation with a TOE Framework: Insights from a CE Project of Kamouraska (Quebec)," Circular Economy and Sustainability,, Springer.
    11. Noemi Sinkovics & Jihye Kim & Rudolf R. Sinkovics, 2022. "Business-Civil Society Collaborations in South Korea: A Multi-Stage Pattern Matching Study," Management International Review, Springer, vol. 62(4), pages 471-516, August.
    12. Seeram Ramakrishna & Muhammad Pervaiz & Jimi Tjong & Patrizia Ghisellini & Mohini M Sain, 2022. "Low-Carbon Materials: Genesis, Thoughts, Case Study, and Perspectives," Circular Economy and Sustainability,, Springer.
    13. Nathalia Suchek & João J. Ferreira & Paula O. Fernandes, 2022. "A review of entrepreneurship and circular economy research: State of the art and future directions," Business Strategy and the Environment, Wiley Blackwell, vol. 31(5), pages 2256-2283, July.
    14. Balezentis, Tomas & Zickiene, Agne & Volkov, Artiom & Streimikiene, Dalia & Morkunas, Mangirdas & Dabkiene, Vida & Ribasauskiene, Erika, 2023. "Measures for the viable agri-food supply chains: A multi-criteria approach," Journal of Business Research, Elsevier, vol. 155(PA).
    15. De Marchi, Valentina & Molina-Morales, F. Xavier & Martínez-Cháfer, Luis, 2022. "Environmental innovation and cooperation: A configurational approach," Technological Forecasting and Social Change, Elsevier, vol. 182(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. 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.
    2. Ioannis E. Nikolaou & Nikoleta Jones & Alexandros Stefanakis, 2021. "Circular Economy and Sustainability: the Past, the Present and the Future Directions," Circular Economy and Sustainability,, Springer.
    3. 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.
    4. Monia Niero & Charlotte L. Jensen & Chiara Farné Fratini & Jens Dorland & Michael S. Jørgensen & Susse Georg, 2021. "Is life cycle assessment enough to address unintended side effects from Circular Economy initiatives?," Journal of Industrial Ecology, Yale University, vol. 25(5), pages 1111-1120, October.
    5. José María Martín Martín & Sara Calvo Martínez & José Manuel Guaita Martínez & Domingo Enrique Ribeiro Soriano, 2022. "RETRACTED ARTICLE: Qualitative analysis on the driving force behind upcycling practices associated with mobile applications: Circular economy perspective," Operations Management Research, Springer, vol. 15(3), pages 647-661, December.
    6. Julian Kirchherr & Andrea Urbinati & Kris Hartley, 2023. "Circular economy: A new research field?," Journal of Industrial Ecology, Yale University, vol. 27(5), pages 1239-1251, October.
    7. John Rincón-Moreno & Marta Ormazabal & Maria J. Álvarez & Carmen Jaca, 2020. "Shortcomings of Transforming a Local Circular Economy System through Industrial Symbiosis: A Case Study in Spanish SMEs," Sustainability, MDPI, vol. 12(20), pages 1-18, October.
    8. Lahcen, Bart & Eyckmans, Johan & Rousseau, Sandra & Dams, Yoko & Brusselaers, Jan, 2022. "Modelling the circular economy: Introducing a supply chain equilibrium approach," Ecological Economics, Elsevier, vol. 197(C).
    9. Daniel A. Salas & Paulina Criollo & Angel D. Ramirez, 2021. "The Role of Higher Education Institutions in the Implementation of Circular Economy in Latin America," Sustainability, MDPI, vol. 13(17), pages 1-27, August.
    10. Jensen, Federico & Whitfield, Lindsay, 2022. "Leveraging participation in apparel global supply chains through green industrialization strategies: Implications for low-income countries," Ecological Economics, Elsevier, vol. 194(C).
    11. 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," NachhaltigkeitsManagementForum | Sustainability Management Forum, Springer, vol. 30(1), pages 29-54, December.
    12. Luthra, Sunil & Kumar, Anil & Sharma, Manu & Arturo Garza-Reyes, Jose & Kumar, Vikas, 2022. "An analysis of operational behavioural factors and circular economy practices in SMEs: An emerging economy perspective," Journal of Business Research, Elsevier, vol. 141(C), pages 321-336.
    13. Millar, Neal & McLaughlin, Eoin & Börger, Tobias, 2019. "The Circular Economy: Swings and Roundabouts?," Ecological Economics, Elsevier, vol. 158(C), pages 11-19.
    14. Graziela Darla Araujo Galvão & Steve Evans & Paulo Sergio Scoleze Ferrer & Marly Monteiro de Carvalho, 2022. "Circular business model: Breaking down barriers towards sustainable development," Business Strategy and the Environment, Wiley Blackwell, vol. 31(4), pages 1504-1524, May.
    15. Jarmo Uusikartano & Hannele Väyrynen & Leena Aarikka-Stenroos, 2020. "Public Agency in Changing Industrial Circular Economy Ecosystems: Roles, Modes and Structures," Sustainability, MDPI, vol. 12(23), pages 1-27, November.
    16. 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.
    17. Rodrigues Dias, Veruska Mazza & Jugend, Daniel & de Camargo Fiorini, Paula & Razzino, Carlos do Amaral & Paula Pinheiro, Marco Antonio, 2022. "Possibilities for applying the circular economy in the aerospace industry: Practices, opportunities and challenges," Journal of Air Transport Management, Elsevier, vol. 102(C).
    18. Marie Briguglio & Leandro J. Llorente-González & Christopher Meilak & Ángeles Pereira & Jonathan Spiteri & Xavier Vence, 2021. "Born or Grown: Enablers and Barriers to Circular Business in Europe," Sustainability, MDPI, vol. 13(24), pages 1-20, December.
    19. Hervé Corvellec & Alison F. Stowell & Nils Johansson, 2022. "Critiques of the circular economy," Journal of Industrial Ecology, Yale University, vol. 26(2), pages 421-432, April.
    20. Sina Leipold & Anna Petit‐Boix & Anran Luo & Hanna Helander & Machteld Simoens & Weslynne S. Ashton & Callie W. Babbitt & Alba Bala & Catharina R. Bening & Morten Birkved & Fenna Blomsma & Casper Boks, 2023. "Lessons, narratives, and research directions for a sustainable circular economy," Journal of Industrial Ecology, Yale University, vol. 27(1), pages 6-18, February.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:circec:v:1:y:2021:i:1:d:10.1007_s43615-021-00015-2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.