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Eco-Innovation and Circular Economy Paradigm
Abstract
The linear economy, known as buy-build-consume-dispose, which has been the dominant economic model since the Industrial Revolution, has started to push ecological limits by leading to the rapid depletion of resources, waste and wastage all over the world. Therefore, it has become inevitable to harmonize economic actions with the environment, to prevent waste and to transform society into a conscious production/consumption process. This means implementing a radical change. In this sense, the circular economy is considered as an alternative to the linear economic model and emerges as an economic system innovation. However, the transformation from a linear economy to a circular economy requires a very difficult process. First of all, innovation in technological infrastructure should be ensured. In this context, eco-innovation activities are likely to accelerate the formation by creating an application area for the circular economy. The study that offers a theoretical perspective from the point of view of revealing the need to change the linear economic system and has divulged the need for eco-innovation, which is at the centre of the circular economy and deals with the conceptual connection between the circular economy and eco-innovation. In this context, after examining the concepts of eco-innovation and circular economy, the study contributed to the literature by scanning the discussions on decoupling, central role, synergy between the two conceptions and concluded by revealing the catalytic role of eco-innovation practices. It has foreseen that the eco-innovation studies required to realize a circular economy will require many new legal, political, financial, and taxational applications and infrastructure services. For this reason, these areas may be reviewed in future studies.
Keywords
Destekleyen Kurum
Yok
Proje Numarası
Yok
Kaynakça
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Ayrıntılar
Birincil Dil
Türkçe
Konular
Makro İktisat (Diğer)
Bölüm
Araştırma Makalesi
Yayımlanma Tarihi
29 Aralık 2023
Gönderilme Tarihi
21 Ağustos 2023
Kabul Tarihi
3 Aralık 2023
Yayımlandığı Sayı
Yıl 1970 Cilt: 15 Sayı: 4