Broadening the circle: creativity, regeneration and redistribution in value loops

Nitha Palakshappa, Sita Venkateswar and Shiv Ganesh

Social Responsibility Journal, 2023, vol. 19, issue 10, 1870-1884

Abstract: Purpose - Increasing industrial agriculture and economic crisis has generated creative responses in pursuit of responsible solutions to the human and environmental cost of globalization by applying these models to promote social responsibility, help sustain livelihoods and foster biodiversity. A key issue concerns how responsible and circular businesses might provide appropriate responses to large-scale “wicked” problems. This paper aims to ask what such creativity looks like in the context of a circular economy that attempts to build closed value loops, by examining a case from the organic cotton textile industry: Appachi Eco-Logic. Design/methodology/approach - This study uses an ethnographic extended-case approach to identify two phases of creative growth at Appachi Eco-Logic, examining how closing the value loop and creating circularity involved broadening the circle to include more and more actors. Findings - This study identifies two major challenges to achieving and maintaining full circularity before concluding with a broad provocation for the study of circular economies. Originality/value - The case offers insight into fundamental features of circularity, regeneration and redistribution, which can be used by managers to build responsible and sustainable closed value loops.

Keywords: Circular economy; Creativity; Regeneration; Redistribution; Value loops (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eme:srjpps:srj-09-2022-0367

DOI: 10.1108/SRJ-09-2022-0367

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