Identifying enablers and outcomes of circular economy for sustainable development: A systematic literature review

摘要

Abstract Circular economy (CE) is considered as one of the most preferred ways to survive the challenges of dynamic business environment as it facilitates businesses to achieve their sustainability goals by eliminating waste creation. However, there exists limited understanding regarding the enablers to the circular business strategies (CBS) and its desired outcomes at the firm level. Existing literature is diffused and fragmented, hence no comprehensive framework exists. This work presents CBS as a second‐order construct and identifies its firm level enablers and outcomes. Unlike case‐based research, the present work is based on a systematic review of literature to present an overarching and generalized framework of CBS to achieve the CE objectives. With the help of seven major enablers and three significant outcomes to CBS, this study holds some important implications for businesses and academia. By presenting information in a scientific and organized manner, it helps them unlock the potential of various circular factors that can lead to sustainable development.