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The Circular Economy and Sustainability: A Systematic Literature Review

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  • Gil Lamata, Mercedes
  • Latorre Martínez, María Pilar

Abstract

[EN] The interest of this study lies in the fact that the transition from a linear to a circular economy is of key interest in relevant business and academic fields, although the circular economy is an emerging issue and theoretical and empirical research has been limited until recently. However, circular business models are receiving more and more attention, and it is therefore strategically necessary to develop tools that facilitate their implementation. Therefore, because of increasing interest amongst research in the circular economy and sustainability, the purpose of the present study and its strength lies in the systematic presentation of both of these specific academic streams. The approach was qualitative and based on a systematic literature review. We examined several areas in which the circular economy has a place. We highlight sustainability, consumer behaviour, innovation, remanufacturing, operations management, supply chains, intellectual capital, 3D printing, big data, and recycling. We also consider drivers, challenges, the relationship between circular economy and small to medium-sized enterprises, and the influence of circular economy in specific sectors such as textiles and food. It is hoped that the study will facilitate a possible sustainable solution that contrasts with the current linear model of production and resource management. The circular economy has the potential to create positive synergies in economic, social, and environmental areas, despite its recent origin.

Suggested Citation

  • Gil Lamata, Mercedes & Latorre Martínez, María Pilar, 2022. "The Circular Economy and Sustainability: A Systematic Literature Review," Cuadernos de Gestión, Universidad del País Vasco - Instituto de Economía Aplicada a la Empresa (IEAE).
    • Handle: RePEc:ehu:cuader:55443
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    References listed on IDEAS

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    1. Lily (Xuehui) Gao & Iguacel Melero & F. Javier Sese, 2020. "Multichannel integration along the customer journey: a systematic review and research agenda," The Service Industries Journal, Taylor & Francis Journals, vol. 40(15-16), pages 1087-1118, December.
    2. Benjamin T. Hazen & Diane A. Mollenkopf & Yacan Wang, 2017. "Remanufacturing for the Circular Economy: An Examination of Consumer Switching Behavior," Business Strategy and the Environment, Wiley Blackwell, vol. 26(4), pages 451-464, May.
    3. Genovese, Andrea & Acquaye, Adolf A. & Figueroa, Alejandro & Koh, S.C. Lenny, 2017. "Sustainable supply chain management and the transition towards a circular economy: Evidence and some applications," Omega, Elsevier, vol. 66(PB), pages 344-357.
    4. Gupta, Shivam & Chen, Haozhe & Hazen, Benjamin T. & Kaur, Sarabjot & Santibañez Gonzalez, Ernesto D.R., 2019. "Circular economy and big data analytics: A stakeholder perspective," Technological Forecasting and Social Change, Elsevier, vol. 144(C), pages 466-474.
    5. Vanessa Prieto‐Sandoval & Marta Ormazabal & Carmen Jaca & Elisabeth Viles, 2018. "Key elements in assessing circular economy implementation in small and medium‐sized enterprises," Business Strategy and the Environment, Wiley Blackwell, vol. 27(8), pages 1525-1534, December.
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    1. Joanicjusz Nazarko & Ewa Chodakowska & Łukasz Nazarko, 2022. "Evaluating the Transition of the European Union Member States towards a Circular Economy," Energies, MDPI, vol. 15(11), pages 1-24, May.

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