Exploratory Study on Circular Economy Approaches A Comparative Analysis of Theory and Practice

The concept of a circular economy gains more and more popularity for companies and politics. In theory the concept holds not only ecological and social but also several economic advantages for the applying companies. This book addresses the following research questions: How is the concept of the circular economy implemented? What impact has the implementation of circular economy on organizations? What are the challenges deriving from circular economy implementation? A qualitative study with companies from various industries in Europe and America has been conducted. Results show that the theoretical comprehensive benefits cannot yet been found in the economy. Finally the central findings are compared to findings in existing literature, contributions to it discussed and a critical view on circular economy provided.