Affiliation: | 1. Department of Management and Economics & NECE Research Unit in Business Sciences, University of Beira Interior, Covilhã, Portugal;2. Department of Management and Economics & NECE Research Unit in Business Sciences, University of Beira Interior, Covilhã, Portugal Corporate Entrepreneurship and Innovation, Loughborough University, Loughborough, UK;3. Faculty of Economics & Management, Free University of Bozen-Bolzano, Bolzano, Italy;4. ZHAW School of Management and Law, Zurich University of Applied Sciences, Winterthur, Switzerland;5. School of Business and Management, LUT University, Lappeenranta, Finland |
Abstract: | The circular economy emerged as an alternative model to the linear system, which now appears to be reaching its physical limitations. To transition to a circular economy, companies must not only be aware of but also engage in more sustainable practices. For such a transition, companies must rethink and innovate their business models and the ways they propose value to their clients while simultaneously considering environmental and social facets. This systematic literature review sought to map out from the company perspective the key topics interrelated with innovation and the circular economy, describing the internal and external factors to consider in such transition processes. Key lines of research were identified, and suggestions for future research and for facilitating movement toward a circular economy are provided. This work contributes to deepening the literature by identifying the priority areas concerning the circular economy and encouraging future research that meets international standards of excellence. |