Circular Economy and Firms’ Productivity: An Empirical Study
DONG LI （UNIVERSITY OF LIVERPOOL，UK）
The study aims to explore the effects of the circular economy practice on performance of manufacturing operations. The circular economy models transform the products and their life cycle to create circular and self-sustaining production systems. However, questions remain in the effects of circular economy practices on firms’ productivity. This paper empirically investigates such effects using large database of manufacturing firms with case in Asia (Indonesia). The findings show that the circular economy is not only a sustainable business model, but also enhances productivity. Furthermore, firms that implement circular economy practices have certain unique traits in their supply chain operations, which not only make them different and more resilient compared to other firms in general, but also inform supply chain strategies that facilitate efficient circular economy practice. The findings enhance understanding of relationships between successful circular economy implementation and supply chain strategies.
Dong Li, PhD, is Reader in Operations and Supply Chain Management at the University of Liverpool, UK. He is a well-established researcher in Supply Chain Management, particularly in sustainability, food supply chains, digital technology-enabled innovation and green logistics. He has intensively published in internationally leading journals in supply chain management and highly ranked in Thomson Reuters Web of Science in the food supply chain management area. He has been awarded as research project leaders by EC H2020, FP7, ERDF and UK Newton, EPSRC, TSB programmes for research in his areas in the last decade and is presently leading an over €1M EC H2020 project on sustainable food security research. He has been an active researcher engaged in research activities: Book authoring and editing; Invited keynote speech in international conferences; Invited for guest speakers to BBC radio; Awarded Best Paper Prize in conferences; Leading guest editor for international journal special issues; Advisory investigator of European projects; Member of assessment board of international research programmes, etc. in the food security and sustainability area.