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What is Linear Economy Model

Handbook of Research on Entrepreneurship Development and Opportunities in Circular Economy
An economic model that can be defined taking resources from nature to make things, use them for a short time and when the end of the life cycle of a product is achieved, it is disposed and considered a waste that is without any concern to the pollution.
Published in Chapter:
Linear Economy to Circular Economy: Planned Obsolescence to Cradle-to-Cradle Product Perspective
Pınar Özkan (Dokuz Eylül University, Turkey) and Ezgi Karataş Yücel (Dokuz Eylül University, Turkey)
DOI: 10.4018/978-1-7998-5116-5.ch004
Abstract
The reflections of linear and circular economy models, which are completely separated from each other in the ways of evaluating resources and wastes, also differ completely in the production and consumption processes. The linear economy, which consists of production and consumption mechanisms, converts resources into waste after using one time and is supported by planned obsolescence practices and causes economic and environmental damages. The scarcity of resources and the pressure of environmental pollution have led to an industrial transformation in which production and consumption forms redesigned in a way that does not create waste. Because of this transformation, the circular economy model emerged, and its application direction evolved to cradle-to-cradle practices. In this study, firstly, the linear economy model and planned obsolescence are discussed, and then circular economy and cradle-to-cradle applications are explained with examples.
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