Towards Sustainability: A Quintuple Helix Approach in the Circular Economy Framework

Abstract

The combination of innovative technological solutions with the natural ecological frameworks of our planet offers a crucial path towards sustainable development goals (SDGs) delineated in The 2030 Agenda for Sustainable Development, as well as the transition to a circular economy (CE) with the adoption of the principle of circularity and natural-based business models. As we navigate the challenges of sustainable advancement, it must be pointed out that innovation's crucial role in accomplishing the SDGs. The Quintuple Helix Model and the SMART Quintuple Helix System offer an innovative framework for encouraging innovation that need to be closely interwoven with sustainable development activities. These models underscore the necessity of a collaborative approach involving academia, industry, government, civil society, and environmental considerations to address the complex challenges of today necessary transition to the CE.