Linking Industrial Ecology and Ecological Economics: A Theoretical and Empirical Foundation for the Circular Economy

Abstract

SummaryThe circular economy (CE) is a new model for the production and consumption of goods, which has attracted wide political attention as a strategy toward sustainability. However, the theoretical foundation of CE remains poorly structured and insufficiently explored. Recent studies have shown that the CE model draws on different schools of thought and that its origins are mainly rooted in fields such as industrial ecology (IE) and ecological economics (EE). In this article, we investigate the links between CE, IE, and EE and provide an overview of the similarities and differences between these fields. At the same time, we analyze to what extent the linkages between IE and EE can create a coherent body of knowledge for CE, and be used to identify further research opportunities. This paper shows that, until now, research on CE seems to be mainly rooted in the field of IE and based on concepts and tools that already exist in other fields, rather than inventing new ones. The reconciliation of IE and EE could provide a mechanism to extend beyond such a narrow focus, and increase knowledge of the theoretical and practical framework of CE to benefit sustainability.