Paradigm shift
From ACT Wiki
Treasury - risk management - global risks - interactions.
A change in an important pattern or model, especially an overarching conceptual model, within which other wide ranging analysis is undertaken.
- Circular economics paradigm shift
- "Unlike the conventional linear economic model, where resources are extracted, transformed into products, and eventually discarded as waste, circular economics seeks to keep all forms of waste within industrial processes and economic activities to maintain their value for as long as possible.
- This paradigm shift entails better design strategies for materials, products, and systems, including innovative business models."
- Circular economics: principles and examples - The Treasurer's Wiki.