Tags:Business strategy, Circular economy and Information exchange
Abstract:
The concept of circular economy (CE), a sustainability paradigm based on the creation of closed material loops hinges on the ability of stakeholders within the CE ecosystem to exchange accurate information concerning products and materials throughout their life-cycle. However, literature has attributed one of the main reasons for the low adoption of CE by organizations to the lack of product-related information exchange between them. This paper aims to examine which factors contribute adversely to information exchange between stakeholders in the CE and categorize them from the point-of-view of an entity participating in a CE.
Investigating Factors Impairing Information Exchange in a Circular Economy from a Stakeholder Perspective