Modeling the Barriers of a Circular Economy for Enhancing Competitiveness: An Interpretive Structural Modeling Approach

Ratema Mpho Gift (), Surajit Bag () and J. H. C. Pretorius ()
Additional contact information
Ratema Mpho Gift: University of Johannesburg
Surajit Bag: Delhi-NCR
J. H. C. Pretorius: University of Johannesburg

International Journal of Global Business and Competitiveness, 2023, vol. 18, issue 2, No 1, 100 pages

Abstract: Abstract This paper aims to identify the critical barriers to the circular economy (CE) within South African manufacturing companies and further model the barriers. A literature review was done to identify the barriers of CE in the context of South Africa and used as an input in the interpretive structural modeling (ISM) technique. This study discovered that the key challenges to CE adoption in the South African manufacturing industry are a lack of proper communication of the CE objectives, which dramatically impacts the whole system, indicating that it should be prioritized. The removal of all the CE obstacles will enhance the firm’s competitiveness in the market. The unique contribution of this study is the alternate approach used in theory building. The CE barriers were identified in the context of South Africa and further the interrelationships among the barriers were presented. The findings will be helpful for managers and policymakers.

Keywords: Circular economy; Barriers; Risks; Interpretive structural modeling; South Africa (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s42943-023-00070-6 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:ijogbc:v:18:y:2023:i:2:d:10.1007_s42943-023-00070-6

Ordering information: This journal article can be ordered from
https://www.springer ... gement/journal/42943

DOI: 10.1007/s42943-023-00070-6

Access Statistics for this article

International Journal of Global Business and Competitiveness is currently edited by Kirankumar S. Momaya and Sushil

More articles in International Journal of Global Business and Competitiveness from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().