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Towards a Circular Economy: An Emerging Economies Context
Patwa, N. Seetharaman, A. Sarkar, S. Maiti, K. Hingorani, K.
Patwa, N.
Seetharaman, A.
Sarkar, S.
Maiti, K.
Hingorani, K.
Publication Date
2020
End of Embargo
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Rights
© 2020 The Authors. Published by Elsevier Inc. This is an open access article under the CC BY license
(http://creativecommons.org/licenses/by/4.0/).
Peer-Reviewed
Yes
Open Access status
openAccess
Accepted for publication
20/05/2020
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Additional title
Abstract
Circular Economy (CE) and the adoption of its principles globally are more important than ever to sustain the rate of production of goods and services to meet the ever-increasing consumer demand that is burdening the environment and society. This study investigates the adoption of CE principles amongst emerging economies as the challenges faced by these economies are generally different in terms of resource availability, varying government policies and consumer behaviour from those of developed economies. This research presents an empirically validated CE adoption model using a sample of 183 consumer responses. The study highlights the strong influence of factors such as consumer behaviour on the acceptance of remanufactured products and using products as a service to encourage the adoption of CE practices in emerging economies. This research offers businesses, consumers and policy makers insights into measures that have been taken by emerging economies that are in line with CE principles.
Version
Published version
Citation
Patwa N, Sivarajah U, Seetharaman A, et al. (2020) Towards a Circular Economy: An Emerging Economies Context. Journal of Business Research. Accepted for publication.
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Article