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Circular economy in the manufacturing sector: Benefits, opportunities and barriers

Kumar, Vikas; Sezersan, Ihsan; Garza-Reyes, Jose Arturo; Gonzalez, Ernesto D.R.S.; AL-Shboul, Moh�d Anwer

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Authors

Ihsan Sezersan

Jose Arturo Garza-Reyes

Ernesto D.R.S. Gonzalez

Moh�d Anwer AL-Shboul



Abstract

© 2019, Emerald Publishing Limited. Purpose: In recent years, circular economy (CE) has come to prominence as an alternative to the classic approach of “make-use-dispose”. How companies can exploit the opportunities of CE to position themselves better are not well articulated in the literature. The purpose of this paper, therefore, is to identify the barriers and opportunities of CE in the manufacturing sector through a socio-political, economic, legal and environmental perspective. Design/methodology/approach: The study adopts a positivist approach, which is deductive in nature. A survey questionnaire was designed and distributed to manufacturing companies operating in the UK and EU. The study used FAME database and social networking platform LinkedIn to identify manufacturing companies. More than 200+ companies were approached for this study and data collection lasted over two months. Findings: The study provides a comprehensive review of the CE literature and identifies a number of barriers and opportunities to CE implementation from a socio-political, economic, legal and environmental perspective. The findings highlight key barriers, opportunities and benefits of CE for the manufacturing industries operating in the UK and EU. Research limitations/implications: The findings are limited to 63 responses from the survey questionnaire distributed to manufacturing companies in the UK and EU. The present study aims to equip manufacturers with necessary understanding of the key opportunities and barriers to address the challenges encountered during the implementation of CE. Originality/value: This study adds to the limited empirical literature on CE barriers and opportunities to manufacturing organisations operating in the UK and EU. The paper also identifies barriers and opportunities of CE from a socio-political, economic, legal and environmental lens.

Citation

Kumar, V., Sezersan, I., Garza-Reyes, J. A., Gonzalez, E. D., & AL-Shboul, M. A. (2019). Circular economy in the manufacturing sector: Benefits, opportunities and barriers. Management Decision, 57(4), 1067-1086. https://doi.org/10.1108/MD-09-2018-1070

Journal Article Type Article
Acceptance Date Jan 2, 2019
Online Publication Date Apr 2, 2019
Publication Date Apr 18, 2019
Deposit Date Jan 4, 2019
Publicly Available Date Mar 29, 2024
Journal Management Decision
Print ISSN 0025-1747
Publisher Emerald
Peer Reviewed Peer Reviewed
Volume 57
Issue 4
Pages 1067-1086
DOI https://doi.org/10.1108/MD-09-2018-1070
Keywords circular economy, barriers, opportunities, benefits, manufacturing, UK
Public URL https://uwe-repository.worktribe.com/output/848476
Publisher URL http://dx.doi.org/10.1108/MD-09-2018-1070
Additional Information Additional Information : This is the author's accepted manuscript. The final published version is available here: http://dx.doi.org/10.1108/MD-09-2018-1070.

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