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Leadership in the Circular Economy

Stowell, Alison F. and Corvellec, Hervé LU orcid (2025) p.198-200
Abstract

The concept of the circular economy, introduced by Pearce and Turner (1990), envisions an economy where waste is reused as a resource to minimise the use of primary materials. It has gained traction globally, supported by entities like the Ellen MacArthur Foundation and McKinsey & Company. Unlike the linear economy, the circular economy focusses on maintaining material value through closed loops. However, its implementation faces challenges such as legislative barriers, high costs, and consumer acceptance. Despite its potential, the circular economy is not a synonym for sustainability, requiring continuous scrutiny and leadership to address its complexities and potential trade-offs.

Please use this url to cite or link to this publication:
author
and
organization
publishing date
type
Chapter in Book/Report/Conference proceeding
publication status
published
subject
keywords
Circular economy, Closed-loop systems, Consumer behaviour, Environmental impact, Resource efficiency, Sustainability
host publication
Elgar Encyclopedia of Leadership
editor
Laker, Benjamin ; Soga, Lebene and Bolade-Ogunfodun, Yemisi
pages
3 pages
publisher
Edward Elgar Publishing Ltd.
external identifiers
  • scopus:105005381706
ISBN
9781035307067
9781035307074
DOI
10.4337/9781035307074.00088
project
Organizing for Activities of Re-: action-nets that give more than one life to consumer products and their components
Relations in Circular Business Models
language
English
LU publication?
yes
id
1d144ac6-56e3-4829-ba27-2279603b3006
date added to LUP
2024-02-29 08:33:00
date last changed
2025-07-08 12:40:49
@inbook{1d144ac6-56e3-4829-ba27-2279603b3006,
  abstract     = {{<p>The concept of the circular economy, introduced by Pearce and Turner (1990), envisions an economy where waste is reused as a resource to minimise the use of primary materials. It has gained traction globally, supported by entities like the Ellen MacArthur Foundation and McKinsey &amp; Company. Unlike the linear economy, the circular economy focusses on maintaining material value through closed loops. However, its implementation faces challenges such as legislative barriers, high costs, and consumer acceptance. Despite its potential, the circular economy is not a synonym for sustainability, requiring continuous scrutiny and leadership to address its complexities and potential trade-offs.</p>}},
  author       = {{Stowell, Alison F. and Corvellec, Hervé}},
  booktitle    = {{Elgar Encyclopedia of Leadership}},
  editor       = {{Laker, Benjamin and Soga, Lebene and Bolade-Ogunfodun, Yemisi}},
  isbn         = {{9781035307067}},
  keywords     = {{Circular economy; Closed-loop systems; Consumer behaviour; Environmental impact; Resource efficiency; Sustainability}},
  language     = {{eng}},
  month        = {{02}},
  pages        = {{198--200}},
  publisher    = {{Edward Elgar Publishing Ltd.}},
  title        = {{Leadership in the Circular Economy}},
  url          = {{http://dx.doi.org/10.4337/9781035307074.00088}},
  doi          = {{10.4337/9781035307074.00088}},
  year         = {{2025}},
}