Supporting a circular economy: Insights from Taiwan's plastic waste sector and lessons for developing countries

This study investigates how, in the process of industrialization, Taiwan successfully developed its plastic waste industry into an industrial-level circular economy by leveraging a network-based collective bricolage in conjunction with a framework of adaptive institutional governance. Three conclusions are made: industrialized manufacturing sectors are foundations upon which developing nations can accumulate endogenous social capabilities and can enable the emergence of network-based collective bricolages; for developing nations that are attempting to establish circular economies based on their endogenous small-to-medium enterprises, developing network-based collective bricolages in conjunction with adaptive institutional governance is an essential and effective strategy; and transitioning into green-related sectors can further drive economic development and lead to the creation of new ventures, businesses, and job opportunities while supporting the formation of a circular economy. The approach is especially relevant for developing countries starting their industrialization process and waste management initiatives with few resources.