Knowledge-based circular economics model for sustainable competitiveness: framework development and analysis

Abstract

Given the numerous changes in global consumption and production models that have occurred in recent years, promoting the development of a circular economy and a knowledge economy would appear to be an appropriate shift for sustainable development and competitiveness, yet no previous studies have integrated their adoption for sustainable competitiveness from the business aspects. This study aims to integrate knowledge-based circular economics adoption for sustainable competitiveness. The research conducts a comprehensive literature review and a critical analysis of secondary data from a real-world case. The main results are a framework development of knowledge-based circular economics and a critical analysis of a modified model toward sustainable competitiveness, that addresses the above gap and derives the originality and novelty of the paper. Future research is proposed in which statistical software, such as SPSS and SmartPLS-SEM, would be applied to validate hypotheses.