Unlocking circular business: A framework of barriers and drivers

Unlocking circular business: A framework of barriers and drivers

Author
Nina Tura
Jyri Hanski
Tuomas Ahola
Matias Stahle
Sini Piiparinen
Pasi Valkokari
Publication Date
March, 2019
Country
Finland
Language for original content
Scope

Circular economy increasingly attracts the interest of business, policy makers and academia in the search for answers to sustainability challenges. While earlier studies have presented drivers that support the introduction of new business concepts for circular economy, as well as barriers that hinder the rate of innovation in the field, no systematic categorizations of such factors have been brought forward.

Drawing on current literature, a framework of drivers and barriers is introduced, including seven distinct areas: environmental, economic, social, political and institutional, technological and informational, supply chain, and organizational factors. The appearance and content of these areas in practice have been examined in four case organizations.