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

(Rick Simeone) #1

4 1 Introduction


been selected as the focus industry accompanied by other industries selected to


explore which modes of the circular economy have been implemented and which


benefits companies have derived from it. Consequently, three key questions form


the research focus of this thesis:



  1. How is the concept of the circular economy implemented?

  2. What impact has the implementation of circular economy on organizations?

  3. What are the challenges deriving from circular economy implementation?


The aim and objective of this research project is to inductively develop a conceptual


understanding of the circular economy as a concept and provide insights on how


organizations implement it. Moreover, the purpose is to gain a deeper understanding


for drivers to engage in the circular economy and challenges the organizations are


facing. In contrast to the existing literature on the circular economy in China, this


study concentrates on Western culture countries. In doing so, this thesis aims to


primarily contribute to the open questions in research on the circular economy.


Moreover the study offers potential implications and strategies for managers – those


considering to invest in the circular economy approach as well as those that have


already started their engagement.


1.3 Structure of this Thesis


1.3 Structure of this Thesis


This dissertation is structured into seven chapters. After introducing the research


focus and main questions in this chapter, chapter 2 deals with the theoretical


background by explaining the link between the current sustainability debate and


the role of the circular economy in this debate. Furthermore, the concept of the


circular economy is explained in detail by introducing its principles, providing a


review on existing literature on its economic benefits, and developing a framework


which is used in the course of this study to analyze cases and draw conclusions.


Chapter 3 discusses the research methodology applied to answer the research

questions posed. In section 3.1, the design of the qualitative multiple case study


approach is presented as well as reasons given as to why this approach has been


chosen as the adequate one to answer the research questions. Moreover, quality


criteria for qualitative research are introduced and their adherence illustrated.


Section 3.2 outlines the research steps by presenting how and why these cases have


been selected for this study, and how the data has been collected and analyzed.

Free download pdf