scholarly journals The Digital Development Trends of Circular Economy in China

2021 ◽  
Vol 5 (4) ◽  
Author(s):  
Zichen Zheng ◽  
◽  
Tingting Liu ◽  
Keyword(s):  
Circular Economy ◽  
Digital Technology ◽  
Business Models ◽  
Development Trends ◽  
Health Crisis ◽  
Data Ownership ◽  
New Business ◽  
Digital Development ◽  
Digital Governance ◽  
New Business Models

COVID-19 has become a global health crisis, influencing the development of all walks of life. The lockdown implemented to control the spread of the pandemic has led to the development of digital technology. As a country that has gradually recovered from the epidemic, China's circular economy development pattern has undergone some changes. This study indicates three significant digital development trends in the circular economy in the post-pandemic era. They are "New business models" of the digital economy are integrating into a circular economy, the digital governance capability of circular economy gains more traction, and the digitalization of waste sorting exemplifies the transitions accelerated by the pandemic." Despite the strong momentum of China's digital transformation, there are difficulties in determining data ownership and collaboration among stakeholders.

scholarly journals Digital transformation as a factor of ensuring country competitiveness: Moldova case analysis

2021 ◽  
Vol 12 (6) ◽  
pp. s560-s583
Author(s):  
Daiva Bickauske ◽  
Saulius Kromalcas ◽  
Zaneta Simanaviciene ◽  
Larysa Sergiienko ◽  
Tetiana Baranovska
Keyword(s):  
Business Models ◽  
Swot Analysis ◽  
Digital Transformation ◽  
Government Functions ◽  
Production And Distribution ◽  
New Business ◽  
Need For Support ◽  
Digital Governance ◽  
Country Competitiveness ◽  
New Business Models

The digital transformation is now a reality in Moldova, as Moldova has begun to transfer social, legal, and civil service delivery online. Sped-up digitalization can be expected to create new business models and opportunities for digital jumping in traditional industries. The Coronavirus crisis has highlighted the need for support and investments in digital transformation and effective digital governance, especially to guarantee the continuity and delivery of core government functions. The digital transformation is changing not just business models but the methods of production and distribution and the industry's competitiveness. Further analysis has been made to generate specific steps/recommendations regarding the digitization of the Moldova industry. The interview with experts who work closely in digitalization or competitiveness was done, and the SWOT analysis was done. Based on the research made, the recommendations for Moldova were prepared and presented in this article.

scholarly journals Configuring New Business Models for Circular Economy through Product–Service Systems

2019 ◽  
Vol 11 (13) ◽  
pp. 3727 ◽  
Author(s):  
Marina P. P. Pieroni ◽  
Tim C. McAloone ◽  
Daniela C. A. Pigosso
Keyword(s):  
Circular Economy ◽  
Customer Value ◽  
Business Models ◽  
Service System ◽  
Service Systems ◽  
Product Service System ◽  
Product Service ◽  
New Business ◽  
Product Service Systems ◽  
New Business Models

Product—service systems (PSSs) are often outlined as potential enablers of new business models for circular economy. However, not all business models based on product-service systems have superior circularity potential. This research demonstrates how the application of a previously developed business model configurator for circular economy can support the design and assessment of customer value, economic and resource decoupling potential for product-service system business models in practice. By applying action research in two Nordic manufacturing companies from the furniture sector, different business model concepts based on product-service systems were proposed and assessed. Results indicate positive uptake by companies regarding the usefulness of the obtained outcomes. This research identified two key findings about ‘product-service system business models for circular economy’: (i) their configuration should fulfil certain simultaneous conditions—i.e. superior customer value, economic growth, and resource decoupling potential—to contribute to circular economy; and (ii) they are often ‘niche solutions’, fulfilling specific needs and customer segments, and more likely to flourish with certain types/characteristic of products, segments or geographical locations. Lastly, a framework outlining the conditions and trade-offs for assessing the circularity potential of business models based on product-service systems is introduced as one of the key contributions.

Going in circles: new business models for efficiency and value

2019 ◽  
Vol 40 (4) ◽  
pp. 36-43 ◽  
Author(s):  
Ana Beatriz Lopes de Sousa Jabbour
Keyword(s):  
Circular Economy ◽  
Design Methodology ◽  
Business Models ◽  
Business Case ◽  
Content Type ◽  
New Business ◽  
Key Issues ◽  
Conceptual Paper ◽  
Multiple Levels ◽  
New Business Models

Purpose This paper aims to explain what managers will want to know about the circular economy by covering some of the key issues and discussing an approach which may help organisations to move towards the circular economy. Design/methodology/approach This is a conceptual paper, which blends theory and hard facts to achieve its aims. Findings This paper presents a framework which uses multiple levels of analysis to explain how organisations can prepare for and implement circular economy practices. Originality/value This paper makes relevant contributions for both academics and practitioners by providing essential practical guidance on the “what”, “how” and “why” of the circular economy, which can help managers to plan and implement a convincing business case for this sustainable approach.

scholarly journals The Intention to Purchase Recycled Products: Towards an Integrative Theoretical Framework

2020 ◽  
Vol 12 (22) ◽  
pp. 9739
Author(s):  
Barbara Bigliardi ◽  
Domenico Campisi ◽  
Giovanna Ferraro ◽  
Serena Filippelli ◽  
Francesco Galati ◽  
...  
Keyword(s):  
Circular Economy ◽  
Purchase Intention ◽  
Business Models ◽  
Theoretical Framework ◽  
Purchase Behavior ◽  
Integrative Framework ◽  
Intention To Purchase ◽  
Behavioral Theories ◽  
New Business ◽  
New Business Models

The growing interest of the scientific literature regarding purchase behavior, circular economy and new business models has generated the need, as well as the opportunity, for a comprehensive review and categorization of the state of the existing research carried out so far. The present study aims at reconciling the wide but fragmented literature dealing with the purchase intention of recycled products. An integrative theoretical framework, able to combine several constructs, perspectives, and theories discussed to date on the topic, is proposed. Such framework represents a further step toward a comprehensive understanding of behavioral theories and constructs, which need to be understood to design effective business models for the circular economy. This effort could be highly valuable both for scholars interested in the topic—as the integrative framework could assist them in theorizing additional effects—and for firms’ managers—who can understand, more in depth, the drivers of the consumers’ purchasing process and act accordingly.

scholarly journals Development of Circular Economy: Opportunities and Impediments

2020 ◽  
Vol 12 (1) ◽  
pp. 9-17
Author(s):  
Vania Ivanova
Keyword(s):  
Circular Economy ◽  
Business Models ◽  
Added Value ◽  
Public Authorities ◽  
Slowing Down ◽  
Use Of Resources ◽  
New Business ◽  
Private And Public ◽  
Analytical Research ◽  
New Business Models

The objective of this paper is to outline the potential and outlooks of development of circular economy in Bulgaria, as well as demonstrate the need for adequate measures on part of public authorities to encourage this change. The research is based on a primary survey of Bulgarian employers’ attitudes towards pursuing a corporate policy relating to the principles of sustainable development, which was conducted among 400 enterprises. The analysis reveals untapped potential not only with regard to a more efficient use of resources, in both the private and public sectors, but also in terms of underestimating the significance of the issue. The firms could significantly reduce their costs, improve their compatibility and their export potential if they apply new business models and new innovative technologies, which are both resource-efficient and eco-friendly. The research and analytical methods used for the development of the paper involve graphical and table presentation of statistical and empirical data and survey of available legal and analytical research on the topic. The conclusions reached reveal a number of obstacles slowing down the transition to a real circular economy model.  That would require speeding up the reform in the eco-fiscal and innovative government policies.  The paper’s added value lies not only in the analytical examination of the issues, but above all in deriving recommendations for future actions.

scholarly journals Circular Economy: New Business Models

2021 ◽  
pp. 129-148
Author(s):  
Caroline D. Ditlev-Simonsen
Keyword(s):  
Circular Economy ◽  
Business Models ◽  
New Business ◽  
New Business Models

AbstractThis chapter begins with an overview of the key challenges faced by society with a linear economy and proceeds to the concept of circular economy, its potential, and associated challenges. Key elements in circular economy will be addressed including issues like “refuse”, “reduce”, reuse”, “refurbish”, and “recycle”. I provide numerous examples to illustrate the different approaches in practice. The role of different stakeholders in the process of achieving a circular economy is discussed. Lastly, the transition from selling products to providing services is addressed.

scholarly journals Digital transformation trends reshaping companies

2019 ◽  
Vol 13 (1) ◽  
pp. 635-646
Author(s):  
Florina Pînzaru ◽  
Alexandra Zbuchea ◽  
Alexandra Viţelar
Keyword(s):  
Competitive Advantage ◽  
Digital Technology ◽  
Daily Activity ◽  
Business Models ◽  
Digital Transformation ◽  
New Business ◽  
New Business Models

Abstract Nowadays, the ubiquity of the digital technology and the transformation it brings both within the societies and economies around the globe has become a well-accepted fact. For business is no longer a matter of whether or not to incorporate technology in their daily activity, but a matter how to change their way of approaching, and doing when adapting to digital. The digital transformation has enabled the emergence of new business models, as well as many other changes when it comes to satisfying the customer’s needs and expectations, by creating opportunities for value and sustainability. The present paper highlights all these aspects, emphasizing on how businesses can think about the digital transformation to achieve the highest benefits and create competitive advantage.

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