Exploring Circular Economy and Innovation in Global Business Environment
Myriam Aloulou and Satya Narayan Singh*
ABSTRACT
The concept of the circular economy has emerged as a promising solution to tackle pressing environmental issues and promote sustainable development.This paper delves into the convergence of circular economy principles and innovation within the global business landscape. It not only explores the drivers, benefits, challenges, and evolving trends associated with the adoption of circular economy strategies by businesses worldwide but also extends its analysis to encompass case studies, exemplary practices, and emerging technologies. Through this comprehensive examination, the study illuminates the transformative potential of circular economy initiatives in bolstering sustainability, resilience, and enduring value creation across various industry sectors and geographical domains. The findings underscore the pivotal role of embracing circularity as a catalyst for driving innovation, mitigating environmental footprints, and fostering economic growth.
