How do we encourage individuals and corporations to embrace circular Innovations?
The concept of circular economy need to popularized beyond our boardrooms and academia.
Conceptually, Circular innovations provides the solution to the next frontier of business models, most specifically as the world gears towards the fourth industrial revolution.
As opposed to the conventional linear business models innovations, Circular Innovations have the potential of helping mitigate the impacts of resource wastage, improve productivity through decoupling of resources and output and encourage business processes 'symbiosis'.
However, to popularize the concept, there's need to encourage all innovators and business owners to feel that they can be part of the process.
In addition, Nations can develop credits or tax reductions to corporations and companies that adopt Circular innovation just as it is for Clean Development Mechanisms, and Carbon Credits.
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