Exploring the paradigm shift towards sustainability: A systematic literature review on circular economy and eco-innovation
Amidst the adverse effects of the existing linear model on economic, social, and environmental aspects, the circular economy has emerged as a more sustainable alternative for economic growth and environmental sustainability. Further, the increasing significance of the circular economy as a means to...
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| Format: | Article |
| Language: | English |
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AIMS Press
2024-11-01
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| Series: | AIMS Environmental Science |
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| Online Access: | https://www.aimspress.com/article/doi/10.3934/environsci.2024047 |
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| author | Ruchira R N Ghormare Sana Fatima Priya Grover Nidhi Phutela Vinay Kandpal Ernesto D. R. Santibanez Gonzalez |
| author_facet | Ruchira R N Ghormare Sana Fatima Priya Grover Nidhi Phutela Vinay Kandpal Ernesto D. R. Santibanez Gonzalez |
| author_sort | Ruchira R N Ghormare |
| collection | DOAJ |
| description | Amidst the adverse effects of the existing linear model on economic, social, and environmental aspects, the circular economy has emerged as a more sustainable alternative for economic growth and environmental sustainability. Further, the increasing significance of the circular economy as a means to achieve sustainability has prompted researchers to suggest various approaches. In this study, we employed a systematic literature review to present a unified perspective on the concept of circular economy and emphasize the connection of it with eco-innovation. We found that the last three years have witnessed a sudden rise in the publications related to a circular economy, stating the rise in interest of researchers towards a circular economy. While in its nascent phase of execution, much research has been carried out on the importance of adopting a circular economy for achieving sustainability. However, most researchers have failed to explore the contribution of the circular economy in the UN sustainable development strategies (SDGs) and the role of eco-innovation in the circular economy. Therefore, this research is novel, and we explored the role of circular economy and eco-innovation towards sustainability through a systematic literature review. This research indicated that while developed countries have shifted to a circular economy, developing countries need to transition to a circular economy for sustainable benefits. A correlation was also found between the circular economy and some SDGs. The results emphasized that the incorporation of eco-innovations can help in mitigating the environmental consequences of production and consumption activities. It also sheds light on notable instances of eco-innovations that have been developed for deployment in the circular economy. This research will be helpful to industries, universities, and other major sections of society in developing circular economy practices in their core processes and ensuring the attainment of sustainable development goals. |
| format | Article |
| id | doaj-art-8b2c0087f9c449e190e5bb640b9f0f3e |
| institution | Kabale University |
| issn | 2372-0352 |
| language | English |
| publishDate | 2024-11-01 |
| publisher | AIMS Press |
| record_format | Article |
| series | AIMS Environmental Science |
| spelling | doaj-art-8b2c0087f9c449e190e5bb640b9f0f3e2025-01-24T01:31:32ZengAIMS PressAIMS Environmental Science2372-03522024-11-0111694095910.3934/environsci.2024047Exploring the paradigm shift towards sustainability: A systematic literature review on circular economy and eco-innovationRuchira R N Ghormare0Sana Fatima1Priya Grover2Nidhi Phutela3Vinay Kandpal4Ernesto D. R. Santibanez Gonzalez5Symbiosis Centre for Management Studies, Noida Campus, Symbiosis International (Deemed University), Pune, India. Email: phdgrad.ruchira.ghormare@siu.edu.inSymbiosis School for Online and Digital Learning, Symbiosis International (Deemed University), Pune, India; Email: fsana3683@gmail.comSymbiosis Centre for Management Studies, Noida Campus, Symbiosis International (Deemed University), Pune, IndiaSymbiosis Centre for Management Studies, Noida Campus, Symbiosis International (Deemed University), Pune, IndiaDepartment of Management Studies, Graphic Era Deemed to be University, Dehradun, India. Email: vinayaimca@gmail.comCES4.0 and Industrial Engineering Department, Faculty of Engineering, Universidad de Talca, Los Niches s/n, Edificio I+D, Room 13, Curicó 3340000, Chile Email: santibanez.ernesto@gmail.comAmidst the adverse effects of the existing linear model on economic, social, and environmental aspects, the circular economy has emerged as a more sustainable alternative for economic growth and environmental sustainability. Further, the increasing significance of the circular economy as a means to achieve sustainability has prompted researchers to suggest various approaches. In this study, we employed a systematic literature review to present a unified perspective on the concept of circular economy and emphasize the connection of it with eco-innovation. We found that the last three years have witnessed a sudden rise in the publications related to a circular economy, stating the rise in interest of researchers towards a circular economy. While in its nascent phase of execution, much research has been carried out on the importance of adopting a circular economy for achieving sustainability. However, most researchers have failed to explore the contribution of the circular economy in the UN sustainable development strategies (SDGs) and the role of eco-innovation in the circular economy. Therefore, this research is novel, and we explored the role of circular economy and eco-innovation towards sustainability through a systematic literature review. This research indicated that while developed countries have shifted to a circular economy, developing countries need to transition to a circular economy for sustainable benefits. A correlation was also found between the circular economy and some SDGs. The results emphasized that the incorporation of eco-innovations can help in mitigating the environmental consequences of production and consumption activities. It also sheds light on notable instances of eco-innovations that have been developed for deployment in the circular economy. This research will be helpful to industries, universities, and other major sections of society in developing circular economy practices in their core processes and ensuring the attainment of sustainable development goals.https://www.aimspress.com/article/doi/10.3934/environsci.2024047circular economyeco-innovationsustainabilitysustainable development goals (sdgs)systematic literature review |
| spellingShingle | Ruchira R N Ghormare Sana Fatima Priya Grover Nidhi Phutela Vinay Kandpal Ernesto D. R. Santibanez Gonzalez Exploring the paradigm shift towards sustainability: A systematic literature review on circular economy and eco-innovation AIMS Environmental Science circular economy eco-innovation sustainability sustainable development goals (sdgs) systematic literature review |
| title | Exploring the paradigm shift towards sustainability: A systematic literature review on circular economy and eco-innovation |
| title_full | Exploring the paradigm shift towards sustainability: A systematic literature review on circular economy and eco-innovation |
| title_fullStr | Exploring the paradigm shift towards sustainability: A systematic literature review on circular economy and eco-innovation |
| title_full_unstemmed | Exploring the paradigm shift towards sustainability: A systematic literature review on circular economy and eco-innovation |
| title_short | Exploring the paradigm shift towards sustainability: A systematic literature review on circular economy and eco-innovation |
| title_sort | exploring the paradigm shift towards sustainability a systematic literature review on circular economy and eco innovation |
| topic | circular economy eco-innovation sustainability sustainable development goals (sdgs) systematic literature review |
| url | https://www.aimspress.com/article/doi/10.3934/environsci.2024047 |
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