“…By definition circular economy is viewed as an industrial system designed or intended to be restorative or regenerative (Mathews & Tan, 2011;Zlyvko et al 2014;Haas et a., 2015;Čábelková et al, 2015;Hobson, 2016;Jiao & Boons, 2017;Murray, Skene & Haynes, 2017; and promoted by scholars, policy makers, NGOs, corporations. Global corporations, such as Google, Cisco and Philips, has taken an advantage of this idea even before the European Commission has presented "Closing the loop -An EU action plan for the circular economy" European Commission 2015).…”