additional benefits of green products, consumers can
make a more informed choice that aligns with their
values, which will contribute to a greener and more
sustainable future, [4]. Green marketing, also known
as sustainable marketing or environmental
marketing, aims to meet customers’ needs and
desires while minimizing negative impacts on the
natural environment. The goal of the green economy
is to promote products or services that are
environmentally friendly and encourage sustainable
practices, [5]. Also, green products offer numerous
benefit product for firms and economies, ranging
from environmental preservation and cost savings to
improved market positioning and long-term
sustainability. Investment in green products can
contribute to the transition to a more sustainable
environment. Green marketing can drive operational
improvements, leading to cost reductions.
Additionally, streamlining production processes and
supply chains can result in cost savings by
eliminating unnecessary steps and reducing waste.
Green economy policies often promote renewable
energy, energy efficiency, sustainable agriculture,
and eco-friendly technologies. By transitioning to a
green economy, countries can reduce their carbon
footprint, enhance resource efficiency, create green
jobs, and stimulate innovation in environmentally
friendly sectors, [6]. The bio-economy involves
utilizing renewable biological resources, such as
plants, animals, and microorganisms, to produce
food, energy, and various products. It emphasizes
the sustainable use of biological resources,
including agricultural residues, forestry by-products,
and bio-based materials. By promoting the bio-
economy, countries can reduce reliance on fossil
fuels, mitigate climate change, support rural
development, and foster the sustainable production
of bio-based products, such as biofuels, bioplastics,
and bio-based chemicals. The business has a chance
to behave in an environmentally responsible manner
and use the financial resources to establish the
firm’s innovative environmental products and
technologies to aciform profitability and ensure
environmental sustainability. Green innovation can
open doors to new market segments and
partnerships. Many governments, organizations, and
investors prioritize sustainability initiatives, creating
opportunities for firms that actively engage in green
practices, [7]. According to [8], describe green
innovation is a transformation process that
comprises novel ways of doing things (e.g.,
production–manufacturing, construction,
procedures, systems, etc.) that provide direct and
positive benefits to the environment. According to,
[9], green innovation is a novelty used in
technologies that incorporate energy saving,
pollution prevention, waste recycling, green product
designs, and corporate environmental management.
Consumers are now more knowledgeable about
environmental issues such as climate change,
deforestation, and pollution. This awareness has led
to a growing demand for products that minimize
harm to the environment, [10]. The circular
economy promotes the development of closed-loop
systems, where materials are recycled and
reintegrated into production processes. This reduces
the need for virgin resource extraction and
minimizes the environmental impact associated with
resource depletion, [6]. Circular economy principles
encourage the design of products with durability,
reparability, and reusability in mind. By creating
products that last longer and can be easily
maintained or upgraded, the need for new products
and the associated resource consumption can be
reduced. The struggle to maintain environmental
sustainability is a challenge, and this challenge is
met by substituting and using green products. Most
consumers use them even though they do not have
enough information about why they serve today in
the environment. The transition from a linear to a
circular economy (implementation in a green
economy) has become a necessity. The research
study is focused on the transition from a linear to a
circular economy, specifically in relation to its
characteristics, dimensions, limitations, effects, and
coping mechanisms employed by the population.
The study aims to evaluate and provide important
information regarding this transition as it relates to
consumer behavior and its impact on the
environment and individual well-being. The overall
goal is to highlight the benefits of transitioning to a
circular economy for environmental sustainability
and the assurance of high quality of life. Qualitative
and quantitative analysis include interviews, focus
groups, or surveys which gain insights into
consumers’ perceptions, attitudes, and behaviors
related to the circular economy. The research studies
consist to shed light on how consumers are
confronting the transition from a linear to a circular
economy and emphasize the positive impacts this
transition can have on the environment and
individuals’ lives. By providing evaluation and
important information, the researchers aim to
promote awareness and support for the adoption of
circular economy practices as a means to achieve
sustainability and improve quality of life.
WSEAS TRANSACTIONS on COMPUTER RESEARCH
DOI: 10.37394/232018.2023.11.19
Alerta Basha, Eralda Noçka, Ana Kapaj