Crossroads of the Concepts of Circular Economy and Smart City

Circular economy is a concept that is recognized as having a great potential in such global issue mitigation as climate change, loss of biodiversity, resource scarcity, deforestation, air water and soil pollution, etc. With the rapid development of information and communication technologies the concept of smart city has also gained the attention in scientific, political and business environment as well as in whole society. The objective of the article is to evaluate the similarities and differences between circular economy and smart city concepts. For this purpose authors used the methodology of literature review and qualitative content analysis. Results show that there are similarities between concepts of circular economy and smart city related to management of resources, resource efficiency, consumption, industrial symbiosis, renewable energy, sustainable development goals, sharing economy, business models and innovation. However, there are also differences between concepts as circular economy emphasises value preservation, systems thinking and life cycle thinking while concept of smart city emphasises technology, increased life quality, creativity, urban areas and security.