Exploratory Study on Circular Economy Approaches A Comparative Analysis of Theory and Practice

128 6 Summary and Implications

186

Fig. 7 Impacts of circular economy implementation (results from case study)

Th e results illustrate negative as well as positive impacts deriving from circular

economy implementation. Especially the impact category costs is mainly negatively

associated. On the contrary, positive impacts are the generation of additional rev-

enue and the non-monetary eff ects such as competitive advantage and reputation.

When investigating the challenges organizations of this case study face during or

aft er implementing circular economy four main challenges were identifi ed: nascent

stage of the concept, no suffi cient governmental support or supporting policies, the

requirement for a systems approach, and fi nancial risk (as depicted in Figure 8).