4.1 Article

The transformation to a circular economy: framing an evolutionary view

Journal

JOURNAL OF EVOLUTIONARY ECONOMICS
Volume 31, Issue 2, Pages 475-504

Publisher

SPRINGER
DOI: 10.1007/s00191-020-00709-0

Keywords

Circular economy; Industrial transformation; Evolutionary economics; Structural tensions; Development block; Complementarities

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Funding

  1. Politecnico di Milano within the CRUI-CARE Agreement

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The concept of the circular economy has gained attention as a strategy to reduce climate change and minimize resource waste. While existing literature mainly focuses on the ecological perspective of the transition process towards the circular economy, the underlying mechanisms of industrial change, including structural tensions, have not been adequately discussed.
The notion of the circular economy (CE) has recently been put forth as a strategy to mitigate climate change. It has gained attention in policy circles and in the engineering and natural science literature. In contrast to the linear model of production, use and disposal, the point of departure for the CE is the creation and sustention of a regenerative system with the goal of minimising resource inputs and emissions. However, although the emerging literature has discussed the ongoing transition process towards the CE, mainly from an ecological perspective, the underlying mechanisms of industrial change including structural tensions have not been discussed. Responding to this gap in the literature, the aim of this paper is to discuss CE as an evolutionary process and to propose a conceptual framework that builds on a development block approach.

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