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Hervé Corvellec.

Hervé Corvellec

Professor

Hervé Corvellec.

Leadership in the Circular Economy

Author

  • Alison F. Stowell
  • Hervé Corvellec

Editor

  • Benjamin Laker
  • Lebene Soga
  • Yemisi Bolade-Ogunfodun

Summary, in English

The concept of the circular economy, introduced by Pearce and Turner (1990), envisions an economy where waste is reused as a resource to minimise the use of primary materials. It has gained traction globally, supported by entities like the Ellen MacArthur Foundation and McKinsey & Company. Unlike the linear economy, the circular economy focusses on maintaining material value through closed loops. However, its implementation faces challenges such as legislative barriers, high costs, and consumer acceptance. Despite its potential, the circular economy is not a synonym for sustainability, requiring continuous scrutiny and leadership to address its complexities and potential trade-offs.

Department/s

  • Department of Service Studies

Publishing year

2025-02-04

Language

English

Pages

198-200

Publication/Series

Elgar Encyclopedia of Leadership

Document type

Article in encyclopedia

Publisher

Edward Elgar Publishing Ltd.

Topic

  • Business Administration

Keywords

  • Circular economy
  • Closed-loop systems
  • Consumer behaviour
  • Environmental impact
  • Resource efficiency
  • Sustainability

Status

Published

Project

  • Organizing for Activities of Re-: action-nets that give more than one life to consumer products and their components
  • Relations in Circular Business Models
  • Service Studies Sustainability

ISBN/ISSN/Other

  • ISBN: 9781035307074
  • ISBN: 9781035307067