What is Dynamic Capabilities Theory

Scholarly research is required to support the global service food sector in food waste and loss mitigation. Even though the linear economy was extremely effective in producing material wealth in industrial nations until the twentieth century, it has shown shortfalls for its inappropriateness. It has depleted the system's resources, triggering a financial crisis and environmental degradation. This led food waste and loss issues to new heights, thus calling for the design of effective mitigation measures. Hence, this chapter recommends the emergence of green technologies and sustainable practices as potential drivers for the food industry to reduce food waste and loss at each stage of the ecosystem and subsequently transform the entire system into a circular economy. This chapter also introduces a detailed understanding and harmonized approach to the circular economy in attaining sustainable food supply chain management.