Detalle Publicación

Circular Clock model for circular economy implementation in firms: Balance between theory and practice

Título de la revista: JOURNAL OF INDUSTRIAL ENGINEERING AND MANAGEMENT
ISSN: 2013-8423
Volumen: 16
Número: 2
Páginas: 186 - 204
Fecha de publicación: 2023
Resumen:
The circular economy is a key issue for any company, city, or institution. The linear economy model, based on "take, make, use and waste" of products and resources, has discarded potentially valuable resources and caused serious contamination problems. In contrast, the circular economy (CE) model is a strategic paradigm whose purpose is to regenerate and conserve resources through closed material loops and the sustainable use of energy in its processes. Therefore, a growing number of companies are applying different tools and techniques to implement the CE principles to innovate their products, services, and processes, achieving promising results. Thus, the main objective of this study is to suggest an implementation model named ¿Circular clock¿ based on a set of tools and techniques which firms may use for implementing CE.
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