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Linking circular economy and digitalisation technologies: A systematic literature review of past achievements and future promises
School of Management, Universidad de Los Andes, Bogotá, Colombia.
Luleå University of Technology, Department of Social Sciences, Technology and Arts, Business Administration and Industrial Engineering.ORCID iD: 0000-0003-3255-414X
Department of Management, School of Business & Law, University of Agder, Kristiansand, Norway; The Norwegian School of Hotel Management, Faculty of Social Sciences, Stavanger, Norway; Optentia Research Focus Area, North-West University, Vanderbijlpark, South Africa.
2022 (English)In: Technological forecasting & social change, ISSN 0040-1625, E-ISSN 1873-5509, Vol. 177, article id 121508Article in journal (Refereed) Published
Abstract [en]

The circular economy (CE) has the potential to capitalise upon emerging digital technologies, such as big data, artificial intelligence (AI), blockchain and the Internet of things (IoT), amongst others. These digital technologies combined with business model innovation are deemed to provide solutions to myriad problems in the world, including those related to circular economy transformation. Given the societal and practical importance of CE and digitalisation, last decade has witnessed a significant increase in academic publication on these topics. Therefore, this study aims to capture the essence of the scholarly work at the intersection of the CE and digital technologies. A detailed analysis of the literature based on emerging themes was conducted with a focus on illuminating the path of CE implementation. The results reveal that IoT and AI play a key role in the transition towards the CE. A multitude of studies focus on barriers to digitalisation-led CE transition and highlight policy-related issues, the lack of predictability, psychological issues and information vulnerability as some important barriers. In addition, product-service system (PSS) has been acknowledged as an important business model innovation for achieving the digitalisation enabled CE. Through a detailed assessment of the existing literature, a viable systems-based framework for digitalisation enabled CE has been developed which show the literature linkages amongst the emerging research streams and provide novel insights regarding the realisation of CE benefits.

Place, publisher, year, edition, pages
Elsevier, 2022. Vol. 177, article id 121508
Keywords [en]
Artificial intelligence, Circular business model, Circular economy, Internet of things, Product-service system (PSS), Sustainability
National Category
Business Administration
Research subject
Entrepreneurship and Innovation
Identifiers
URN: urn:nbn:se:ltu:diva-89013DOI: 10.1016/j.techfore.2022.121508ISI: 000827438400002Scopus ID: 2-s2.0-85122932723OAI: oai:DiVA.org:ltu-89013DiVA, id: diva2:1637377
Funder
Swedish Research Council Formas
Note

Validerad;2022;Nivå 2;2022-02-14 (johcin);

Funder: The Research Council of Norway; Handelsbanken Foundation

Available from: 2022-02-14 Created: 2022-02-14 Last updated: 2022-08-08Bibliographically approved

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Parida, Vinit

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