Introduction: Industrial innovation is a fundamental issue in entrepreneurship, economic growth, and the movement towards development and sustainability that leads to long-term economic and social development. This development follows results that have led to the emergence of new concepts in promoting entrepreneurship and economic systems. With the increasing impulses and concerns such as sustainable development, environmental issues, and the development of new businesses, industrial innovation has acquired a different color and flavor from what was previously known. Therefore, there is a direct connection between the circular economy, innovation, and economic growth of industries. The circular economy is the future of the world economy because the increase in the share of industrial and innovative products with the aim of sustainable development has caused this strategy to be considered more than ever in economic systems. The necessity of innovation and the transformation of new ideas into new economic solutions, new products, processes, and services with the aim of sustainability and creating competitive advantages for companies is very important. Therefore, based on this, identifying a comprehensive process in the field of industrial innovation with a circular economy approach is one of the goals of the current research. So, if this process is properly understood, designed, and implemented, it can contribute to the sustainability of societies through entrepreneurial opportunities and promote and decode new forms of value with this approach.

Methodology: The study adopted Sandelowski and Barroso’s qualitative meta-synthesis approach. The process began with a systematic review of 270 initial articles, and ultimately, 66 articles relevant to the research objective were selected. The inclusion criterion was publication in the fields of the industrial innovation process & circular economy between 2010 and 2024. The reliability of the findings was assessed by the kappa coefficient (0.751), which indicated acceptable reliability. To validate the proposed model and increase its acceptability, the method of review by experts was utilized. Additionally, the results obtained were validated and reviewed by experts to ensure their confirmability.

Findings: Based on the findings from the meta-synthesis, 53 components were identified in the form of 5 main dimensions in the industrial innovation process based on circular economy strategies. These dimensions are: 1)Technological, digital and other intelligent transformations; 2) Development goals with business models in line with innovation, entrepreneurship; 3) Examination of macro & micro environmental factors and other requirements; 4) Application of organizational and systemic, industrial competencies in entrepreneurship; and 5) Paying attention to environmental strategies and outcomes in innovation, entrepreneurship, and value creation.

Conclusion/ Implications: The industrial innovation process resulting from this research considers the creation of balanced value in the innovation ecosystem in both economic systems and in the areas of entrepreneurship, society and the environment. The results of this research can be a basis for operationalizing circular economy strategies aligned with the industrial innovation process, so that by making suggestions and identifying effective components and factors in outlining the industrial innovation process, it can lead to creating innovative opportunities and promoting entrepreneurship with the aim of sustainable development in industrial organizations.