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Future of Innovation Thought Leadership Project – Innovation for a Circular Economy

Nick Clifton, Gary Walpole Orcid Logo

Swansea University Author: Gary Walpole Orcid Logo

  • IUK Clifton final report _5Jan2023-1.pdf

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    The Research Outputs presented in the current study are outcomes of analysis based on statistical data from the Office for National Statistics (ONS) which is subject to Crown Copyright protection. The analysis of the statistical data and the interpretation of outcomes does not imply the endorsement of the ONS.

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DOI (Published version): 10.25401/cardiffmet.21954227

Abstract

This ‘thought piece’ considers ways in which the concept of Circular Economy (CE) might be redefined within the innovation ecosystem. The findings of this report suggest that a distinction needs to be made between the innovation activities of circular economy SMEs as opposed to SMEs undertaking CE i...

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Published: https://innovationcaucus.co.uk/resources/
Online Access: https://innovationcaucus.co.uk/app/uploads/2023/02/IUK-Clifton-final-report-_6Feb2023.pdf
URI: https://cronfa.swan.ac.uk/Record/cronfa64200
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Abstract: This ‘thought piece’ considers ways in which the concept of Circular Economy (CE) might be redefined within the innovation ecosystem. The findings of this report suggest that a distinction needs to be made between the innovation activities of circular economy SMEs as opposed to SMEs undertaking CE innovation, and that a CE programme for SMEs based on should be a focus for innovation policy. Through a literature review, a less reductive definition of the CE- traditionally associated with ‘recycling’- in sustainability innovation, emerges. The aim of this report is to provide insights to Innovate UK about how policy can support a CE paradigm shift that can fundamentally change the social and business mindsets around sustainability and CE implementation.
Keywords: Circular Economy, Innovation
College: Faculty of Humanities and Social Sciences
Funders: Innovation Caucus, UKRI