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Transitioning to a Circular Economy: A Systematic Review of Its Drivers and Barriers

Author

Listed:
  • Jovan Tan

    (Center for Nanotechnology and Sustainability, Department of Mechanical Engineering, National University of Singapore, Singapore 117575, Singapore)

  • Fabien Jianwei Tan

    (Lee Kong Chian School of Business, Singapore Management University, Singapore 178899, Singapore)

  • Seeram Ramakrishna

    (Center for Nanotechnology and Sustainability, Department of Mechanical Engineering, National University of Singapore, Singapore 117575, Singapore)

Abstract

Advancing societal’s progress to achieve circularity is imperative as our linear (take, make, waste) economic model is highly unsustainable. It depletes our natural resources and substantially contributes to pollution and global greenhouse gas emissions. Our continued participation in the linear economy will also expose businesses to volatile resource prices and supply disruptions resulting from the scarcity of critical materials and geopolitical factors. Hence, there are compelling reasons for businesses to transit and participate in the circular economy. However, anecdotal evidence suggests limited practical implementations. Therefore, this systematic review aims to determine the most significant drivers and barriers that influence business leaders to transform their businesses for participation in the circular economy. By clarifying the most influential factors and their characteristics, we can introduce effective measures to encourage or mitigate them. This review takes a transdisciplinary approach to discuss salient and consequential ideas with depth and completeness. Its associated practical and managerial implications are also thoroughly discussed.

Suggested Citation

  • Jovan Tan & Fabien Jianwei Tan & Seeram Ramakrishna, 2022. "Transitioning to a Circular Economy: A Systematic Review of Its Drivers and Barriers," Sustainability, MDPI, vol. 14(3), pages 1-13, February.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:3:p:1757-:d:741602
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    Citations

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    Cited by:

    1. An Duong Thi Binh & Mohammadreza Akbari & Huong Le Thi Cam & Lam Nguyen Canh & Huy Truong Quang, 2024. "Forging Pathways to Circular Economy Excellence: Integrating Industry 4.0 with Quality Management," Sustainability, MDPI, vol. 16(7), pages 1-26, April.
    2. 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.
    3. Zambri Harun & Altaf Hossain Molla & Mohd Radzi Abu Mansor & Rozmi Ismail, 2022. "Development, Critical Evaluation, and Proposed Framework: End-of-Life Vehicle Recycling in India," Sustainability, MDPI, vol. 14(22), pages 1-25, November.
    4. Erhan Ada & Yigit Kazancoglu & Çisem Lafcı & Banu Y. Ekren & Cansu Çimitay Çelik, 2023. "Identifying the Drivers of Circular Food Packaging: A Comprehensive Review for the Current State of the Food Supply Chain to Be Sustainable and Circular," Sustainability, MDPI, vol. 15(15), pages 1-30, July.
    5. Dindayal Agrawal & Ashish Dwivedi & Anchal Patil & Sanjoy Kumar Paul, 2023. "Impediments of product recovery in circular supply chains: Implications for sustainable development," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(3), pages 1618-1637, June.
    6. Jovan Tan & Shuyue Jia & Seeram Ramakrishna, 2022. "End-of-Life Photovoltaic Modules," Energies, MDPI, vol. 15(14), pages 1-16, July.
    7. Altaf Hossain Molla & Hilal Shams & Zambri Harun & Mohd Nizam Ab Rahman & Hawa Hishamuddin, 2022. "An Assessment of Drivers and Barriers to Implementation of Circular Economy in the End-of-Life Vehicle Recycling Sector in India," Sustainability, MDPI, vol. 14(20), pages 1-25, October.
    8. Iordanis Eleftheriadis & Evgenia Anagnostopoulou, 2024. "Developing a Tool for Calculating the Carbon Footprint in SMEs," Sustainability, MDPI, vol. 16(5), pages 1-23, February.
    9. Jonas Nygaard Uhrenholt & Jesper Hemdrup Kristensen & Maria Camila Rincón & Sofie Adamsen & Steffen Foldager Jensen & Brian Vejrum Waehrens, 2022. "Maturity Model as a Driver for Circular Economy Transformation," Sustainability, MDPI, vol. 14(12), pages 1-17, June.
    10. Lledó Castellet-Viciano & Vicent Hernández-Chover & Águeda Bellver-Domingo & Francesc Hernández-Sancho, 2022. "Industrial Symbiosis: A Mechanism to Guarantee the Implementation of Circular Economy Practices," Sustainability, MDPI, vol. 14(23), pages 1-16, November.
    11. Soni, Vivek & Gnekpe, Christian & Roux, Mélanie & Anand, Rashmi & Vann Yaroson, Emilia & Kumar Banwet, Devinder, 2023. "Adaptive distributed leadership and circular economy adoption by emerging SMEs," Journal of Business Research, Elsevier, vol. 156(C).
    12. Pin-Han Chen & Wei-Sheng Chen & Cheng-Han Lee & Jun-Yi Wu, 2023. "Comprehensive Review of Crystalline Silicon Solar Panel Recycling: From Historical Context to Advanced Techniques," Sustainability, MDPI, vol. 16(1), pages 1-16, December.

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