Circular economy in the manufacturing sector: benefits, opportunities and barriers

Management Decision - Tập 57 Số 4 - Trang 1067-1086 - 2019
Vikas Kumar1, Ihsan Sezersan2, Jose Arturo Garza‐Reyes3, Ernesto D.R. Santibañez González4, Moh’d Anwer AL-Shboul5
1Bristol Business School, University of the West of England, Bristol, UK
2WMG, University of Warwick, Coventry, UK
3Centre for Supply Chain Improvement, University of Derby, Derby, UK
4Department of Industrial Engineering, Universidad de Talca, Curico, Chile
5Department of Business Administration, Princess Sumaya University for Technology (PSUT), Amman, Jordan

Tóm tắt

Purpose In recent years, circular economy (CE) has come to prominence as an alternative to the classic approach of “make-use-dispose”. How companies can exploit the opportunities of CE to position themselves better are not well articulated in the literature. The purpose of this paper, therefore, is to identify the barriers and opportunities of CE in the manufacturing sector through a socio-political, economic, legal and environmental perspective. Design/methodology/approach The study adopts a positivist approach, which is deductive in nature. A survey questionnaire was designed and distributed to manufacturing companies operating in the UK and EU. The study used FAME database and social networking platform LinkedIn to identify manufacturing companies. More than 200+ companies were approached for this study and data collection lasted over two months. Findings The study provides a comprehensive review of the CE literature and identifies a number of barriers and opportunities to CE implementation from a socio-political, economic, legal and environmental perspective. The findings highlight key barriers, opportunities and benefits of CE for the manufacturing industries operating in the UK and EU. Research limitations/implications The findings are limited to 63 responses from the survey questionnaire distributed to manufacturing companies in the UK and EU. The present study aims to equip manufacturers with necessary understanding of the key opportunities and barriers to address the challenges encountered during the implementation of CE. Originality/value This study adds to the limited empirical literature on CE barriers and opportunities to manufacturing organisations operating in the UK and EU. The paper also identifies barriers and opportunities of CE from a socio-political, economic, legal and environmental lens.

Từ khóa


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Management Decision

Tập 57 Số 4

1067-1086

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