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Circular Economy and New Research Directions in Sustainability

In: Pursuing Sustainability

Author

Listed:
  • Hwong-Wen Ma

    (Graduate Institute of Environmental Engineering, National Taiwan University)

  • Hsiu-Ching Shih

    (Graduate Institute of Environmental Engineering, National Taiwan University)

  • Meng-I Liao

    (Graduate Institute of Environmental Engineering, National Taiwan University)

Abstract

Circular economy presents a new practical approach to sustainable development. Circular economy refers to redesigning, reusing, recycling, remanufacturing, or redistributing waste products, or prolonging product life through maintenance, to increase the added value of products by different circular setups. This new development pattern is beneficial to boosting economic development, facilitating resource efficiency, and reducing environmental pollution. Hence, many countries such as EU countries have taken circular economy as a pathway to sustainability, and have further formulated targets and measures for circular economy. In addition to environmental and economic benefits, circular economy can also support job creation, counteracting social problems arising from unemployment, and promoting social sustainability. Circular economy has a strong potential to transform the society toward environmental, economic, and social sustainability.

Suggested Citation

  • Hwong-Wen Ma & Hsiu-Ching Shih & Meng-I Liao, 2021. "Circular Economy and New Research Directions in Sustainability," International Series in Operations Research & Management Science, in: Chialin Chen & Yihsu Chen & Vaidyanathan Jayaraman (ed.), Pursuing Sustainability, chapter 0, pages 141-168, Springer.
    • Handle: RePEc:spr:isochp:978-3-030-58023-0_6
    DOI: 10.1007/978-3-030-58023-0_6
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    Cited by:

    1. Danut Octavian SIMION & Emilia VASILE, 2022. "Optimizing Economic Applications By Optimizing Data Flows Present In Different Modules Integrated In Informatics Technology Systems," Internal Auditing and Risk Management, Athenaeum University of Bucharest, vol. 66(2), pages 54-63, September.
    2. Felipe Romero-Perdomo & Juan David Carvajalino-Umaña & Jaime Leonardo Moreno-Gallego & Natalia Ardila & Miguel Ángel González-Curbelo, 2022. "Research Trends on Climate Change and Circular Economy from a Knowledge Mapping Perspective," Sustainability, MDPI, vol. 14(1), pages 1-17, January.
    3. Fenna Blomsma & Thomas Bauwens & Ilka Weissbrod & Julian Kirchherr, 2023. "The ‘need for speed’: Towards circular disruption—What it is, how to make it happen and how to know it's happening," Business Strategy and the Environment, Wiley Blackwell, vol. 32(3), pages 1010-1031, March.
    4. Dhesigen Naidoo & Luxon Nhamo & Shenelle Lottering & Sylvester Mpandeli & Stanley Liphadzi & Albert T. Modi & Cristina Trois & Tafadzwanashe Mabhaudhi, 2021. "Transitional Pathways towards Achieving a Circular Economy in the Water, Energy, and Food Sectors," Sustainability, MDPI, vol. 13(17), pages 1-16, September.

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