Circular Economy and Management Theory: Developing Theoretical Underpinnings for an Emergent Concept

In recent years, the concept of circular economy (CE) has increasingly gained traction, especially among practice and policy communities. In academia, research on CE mainly deals with practical and technical aspects, with marginal attention to theory. A lack of common understanding of definition, assumptions, boundaries, principles, and goals of this ‘umbrella concept’ can result in ‘construct collapse’ (Hirsch & Levin, 1999). To add clarity and...