See the below image for the Circular economy community engagement and sustainable models diagram. Sustainability is not a luxury; it is a basic human right. The circular economy concept is a novel economic model aiming to foster sustainable economic growth, boost global competitiveness, and generate new jobs. In order to make the circular economy mainstream, radical and systemic innovation is needed.
A case-study approach was used to explore the role of stakeholder engagement in the transition to a circular economy while also considering the establishment of an enabling corporate culture based on sustainability principles.
As a system-level phenomenon, circular economy business models require interaction between all involved actors, including both the core-business network and other stakeholders. Figure 1. The idea of the circular economy as a feedback-rich (non-linear) system (adapted from Aminoff et al., 2016)