Abstract
The degradation of the environment is associated with economic activity, particularly with the linear way in which the economy does not make efficient use of resources. However, the circular economy is opposed to this linear paradigm, since it makes the most of the resources in trying to achieve zero waste. In this context, this study investigates the relationship between industry 4.0 technologies, COVID-19 outbreak, environmental regulation policies and circular economy practices. A questionnaire is designed to collect information from 214 big and private manufacturing firms in Ecuador, and subsequently, through CB-SEM, the information is processed, and the study paths are validated. The results suggest that industry 4.0 technologies and environmental regulation policies are driving circular economy practices during the pandemic. The study finds no evidence favoring COVID-19 being a determining factor in the adoption of the circular economy. The results provide a policy framework for the adoption of a circular economy.
| Original language | English |
|---|---|
| Article number | 12790 |
| Journal | Sustainability |
| Volume | 13 |
| Issue number | 22 |
| DOIs | |
| State | Published - 1 Nov 2021 |
Bibliographical note
Funding Information:Acknowledgments: This research is supported by the Beijing Key Laboratory of Urban Spatial Information Engineering (No. 20210218). Furthermore, all authors of this article would like to thank the Prince Sultan University for its financial and academic support to publish this paper in “Sustainability”.
Funding Information:
Funding: This research is supported by the Beijing Key Laboratory of Urban Spatial Information Engineering (No. 20210218) and the APC funded by Prince Sultan University.
Publisher Copyright:
© 2021 by the authors. Licensee MDPI, Basel, Switzerland.
Keywords
- Circular economy
- COVID-19
- Environmental regulations
- Industry 4.0
- Manufacturing supply chains
ASJC Scopus subject areas
- Computer Science (miscellaneous)
- Geography, Planning and Development
- Renewable Energy, Sustainability and the Environment
- Building and Construction
- Environmental Science (miscellaneous)
- Energy Engineering and Power Technology
- Hardware and Architecture
- Computer Networks and Communications
- Management, Monitoring, Policy and Law