dc.description.abstract | In recent years, the world has faced increasingly severe crises such as climate change, global warming, and ecological destruction. The underlying causes can be traced back to the Industrial Revolution, where the pursuit of linear economic and societal activities driven by mass production and consumption to boost Gross Domestic Product (GDP) growth has gradually exceeded the environmental capacity. The Earth is now in danger.
To solve the problems caused by the linear economy, society must create a different economic development model. The circular economy concept emphasizes decoupling economic growth from resource consumption by redesigning business models, enhancing resource efficiency, and preventing pollution. The purpose is to create a recoverable, renewable system, allowing resources to circulate within the ecosystem.
Taiwan plays a crucial position in the global supply chain, especially in the polyester industry, where it has long been a key player in research and development and a supplier. This study focuses on a leading company in the polyester industry, exploring its successful transition from a linear economy to a circular economy. The company pioneers a circular business model by using advanced technology to recycle PET (Polyethylene terephthalate, PET) bottles into new products. The thesis adopts a case study approach, document analysis to thoroughly examine the key elements of the company′s circular economy business model both domestically and worldwide. By integrating Lewandowski′s (2016) Circular Business Model, the study identifies the unique operational modes of the case company, aiming to sustain its competitiveness. This research serves as an exemplary model for sustainable development in the polyester industry, offering valuable insights for related industries transfer into circular economy business models. | en_US |