Possibilities for and Limitations to Consumer Action in the Circular Economy. Perspectives on Prolonging the Use Period for Durable Consumer Goods

2020 ◽  
pp. 69-95
Author(s):  
Sylvia Mandl ◽  
Nina Tröger
Keyword(s):  
Circular Economy ◽  
Consumer Goods ◽  
Consumer Action

‘Right to repair’ schemes will boost sustainability

2020 ◽  
Keyword(s):  
Health Outcomes ◽  
Circular Economy ◽  
Consumer Goods ◽  
Fast Moving ◽  
New Products ◽  
Quality Standards ◽  
Economy Model ◽  
Content Type ◽  
Sustainable Products ◽  
Fast Moving Consumer Goods

Significance Extending product life through legislative means will stem the flow of new products and bolster ‘circular economy’ initiatives, whereby materials are diverted from landfill and reused, repurposed or recycled. Impacts Lower demand for new goods will slow the fast-moving consumer goods sector and force it to offer more sustainable products. Product quality standards will rise with environmental awareness, but many firms may have to prioritise cost over quality to stay afloat. Health outcomes will improve when hazardous e-waste is diverted from landfill in a circular economy model. Standardising parts will be near impossible for many sub-sectors to implement given the pace at which technology is developing.

scholarly journals Future scenarios for fast-moving consumer goods in a circular economy

Futures ◽  
2019 ◽  
Vol 107 ◽  
pp. 74-88 ◽  
Author(s):  
Ksenija Kuzmina ◽  
Sharon Prendeville ◽  
Dale Walker ◽  
Fiona Charnley
Keyword(s):  
Circular Economy ◽  
Consumer Goods ◽  
Fast Moving ◽  
Future Scenarios ◽  
Fast Moving Consumer Goods

scholarly journals INNOVATIVE AND SOCIALLY RESPONSIBLE CONSUMER BEHAVIOUR IN PARADIGM OF CIRCULAR ECONOMY – A RESEARCH MODEL

2019 ◽  
Vol 18 (3) ◽  
pp. 83-90
Author(s):  
Eulalia Skawińska
Keyword(s):  
Circular Economy ◽  
Consumer Behaviour ◽  
Research Question ◽  
Vital Role ◽  
Socially Responsible ◽  
Visual Research ◽  
Consumer Action ◽  
Visual Research Methods ◽  
Socially Responsible Consumer ◽  
Responsible Consumer

The following paper is innovative and based on the premise that consumers play a vital role in the development of the economy in Poland. Its structure, in addition to introduction and summary, consists of two parts: cognitive and practical. The research question is: Can consumer influence the implementation of the principles of circular economy in Poland towards their faster and more efficient application? The aim of the paper is to offer a theoretical model for research and stimulation of changes in consumer behaviour towards an innovative and socially responsible consumer action (CnSR). We used experimental, descriptive model and visual research methods. The paper is normative.

Phase Model of Market Economy

2005 ◽  
pp. 41-47 ◽  
Author(s):  
N. Yegorenkov ◽  
E. Kazakova ◽  
M. Starodubtseva
Keyword(s):  
Market Economy ◽  
Consumer Goods ◽  
Imperfect Competition ◽  
Phase Model ◽  
Status Change ◽  
Means Of Production

The phase model of market economy is suggested in the article. It is formalized in the cubical equation The equation takes into account the imperfections of competition and the fact that consumer goods are produced with the help of means of production. Transitions from the imperfect competition to the perfect one and visa versa yield qualitative status change of market economy.

Development trends of circular economy: Case study of Ukraine

2017 ◽  
pp. 51-66
Author(s):  
Tamara Merkulova ◽  
Kateryna Kononova ◽  
Olena Titomir
Keyword(s):  
Circular Economy ◽  
Development Trends

Transitioning Business for a Circular Economy

2019 ◽  
Vol 2 (1) ◽  
Author(s):  
Susan EVANS
Keyword(s):  
Professional Practice ◽  
Circular Economy ◽  
Radical Change ◽  
Virtual Space ◽  
Professional Experience ◽  
Operational Model ◽  
New Vision ◽  
To Come ◽  
Space Requirements

This case study explores the strategic business opportunities, for Lane Crawford, an iconic luxury department store, to transition in a circular economy towards sustainability. A new experimentation framework was developed and conducted among cross departmental employees, during a Design Lab, with intention to co-create novel Circular Economy business concepts towards a new vision: the later was a reframe of the old system based on the principles of sustainability; to move beyond a linear operational model towards a circular economy that can contribute to a regenerative society. This work draws on both academic and professional experience and was conducted through professional practice. It was found that innovative co-created concepts, output from the Design Lab, can create radical change in a circular economy that is holistically beneficial and financially viable; looking forward to extract greater value a)Internal organization requires remodeling to transform towards a circular economy; b)Requirement for more horizonal teams across departments vs solely vertical; c)New language and relationships are required to be able to transition towards a circular economy; d)Some form of physical and virtual space requirements, for cross-disciplinary teams to come together to co-create; e)Ability to iterate, learn and evolve requires agency across the business

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