Decoding the Digitalization-led Circular Economy in Finland

Abstract

Objectives

The objectives of this study are to examine how perception affects the approach taken by Finnish companies in implementing circular economy (CE) practices, evaluate the effectiveness of Finland’s policy approach for CE, and investigate the role of digitalization in shaping the practices of leading CE companies.

Summary

Environmental problems pose significant threats globally, and CE is a promising solution. Finland is committed to becoming a leader in CE implementation. This study aims to explore the adoption and implementation of CE practices among private enterprises in Finland, examining the role of digitalization and government policy approaches in promoting and scaling up CE.

Conclusion

CE implementation among private enterprises is context-dependent and focuses on practical applications. The Finnish government uses a combination of policies to achieve CE goals, but the effectiveness is uncertain. Digitalization can be crucial for particularly start-ups whose business models also align with CE principles.