New approaches to value creation in the tourism sector - the circular economy

2021 ◽  
Vol 66 (3) ◽  
pp. 19-32
Author(s):  
Carmen Nastase ◽  
Daniela Muscal (Avasiloaei)
Keyword(s):  
Economic Development ◽  
Circular Economy ◽  
Current System ◽  
Jel Classification ◽  
Environmental Benefits ◽  
Added Value ◽  
Resource Sustainability ◽  
Tourism Sector ◽  
The Future ◽  
Great Pressure

"ABSTRACT. The circular economy is an alternative economic model to the current linear economy. The main feature of the circular economy is to preserve the value of resources. The circular economy generates indisputable environmental benefits, social benefits and added value for companies, aspects necessary to guarantee resource sustainability and ecological diversity in a globalized, complex and often unpredictable global context. Despite the fact that tourism plays an important role in the economic development of tourist regions and in the integration of these economies in the process of globalization, it puts great pressure on natural resources and the environment. Tourism activity generates environmental impacts and economic impacts. The aim of this paper is to analyze the future tendencies of tourism, how the circular economy can create value for the tourism sector and the steps to be followed to create a sustainable model. The society we live in has exhausted the resources needed to meet the future needs of an increasingly affected planet. Tourism is a sector sensitive environmentally, because while exploiting resources for its economic development, compromising their future growth. For this reason, it is very important to adopt tourism practices that promote respect for the planet - Earth, because we destroy our home and today we are already living the consequences and the circular economy is born of the real need to save the planet we live on. Change is the key to a sustainable model. Today there are endless opportunities, we need to rethink our current system and open up to new perspectives through innovation and creativity. Keywords: Circular economy, Sustainable tourism, Resources, Tourism JEL classification: Z32, L83, Q01, Q56 "

scholarly journals How to Carry out the Transition towards a More Circular Tourist Activity in the Hotel Sector. The Role of Innovation

2019 ◽  
Vol 9 (2) ◽  
pp. 47 ◽  
Author(s):  
Carmen Florido ◽  
Marta Jacob ◽  
Margarita Payeras
Keyword(s):  
Circular Economy ◽  
Business Models ◽  
Design Guidelines ◽  
Future Research ◽  
Tourism Destination ◽  
Circular Model ◽  
Tourism Sector ◽  
Great Pressure ◽  
Hotel Sector

Tourism causes important environmental impacts and can generate great pressure on local resources, such as land, water, energy and food, generating large amounts of waste, as well as problems of congestion, noise and air pollution. The circular economy is presented as an alternative model to the linear model, which recognizes the fundamental role of the environment, its functions and the interaction between the environment and the economic system. The hotel sector and the tourism sector in general, have been criticized for not adequately addressing environmental problems and global warming. In order to carry out the transition to a circular economy (CE), it is essential to innovate in business models, designing a circular business model. The objective of this work is to design guidelines on possible actions and opportunities that allow us to carry out a successful transition towards a circular model in hotel companies, as well as to design a model for this transition in a tourism destination, analyzing the roles of the different agents in this transition. Findings identified the main opportunities and benefits of this transition in the hotel sector and describes a three-axis model to carry out this transition in a tourism destination, identifying the roles of public administrations and DMOs, resident population and the tourism sector. Future research implications are also discussed.

scholarly journals The Reality of Security Stability in Jordan and its Impact on Reducing the Crime Rate: Review Study on the Tourism Sector from 2008 to 2018

2019 ◽  
Vol 14 (1) ◽  
pp. 51
Author(s):  
Salah aldeen Abdullah AlAbbadi
Keyword(s):  
Economic Development ◽  
Crime Rate ◽  
Past Research ◽  
Crime Rates ◽  
The State ◽  
State Development ◽  
Tourism Sector ◽  
The Future ◽  
Review Study ◽  
The Impact

Tourism is an integral part of the Jordan state for economic development. The funds' ratio comes from the department of tourism is considerable and assists in executing crucial functions of the state. The purpose of the study is to identify the actual security stability in Jordan and its impacts on tourism and crime rates.  This study has been conducted with the help of past research done in a similar context. The relevant journals and publications have been used for this research which specifically highlighted the previous and current security situation of the Jordan state. Also, this research would assist in predicting the stance of the tourists to visit Jordan in the future. Further, this research would also help in identifying the impact of state development steps on the crime rates.

New Views Combined With New Technologies in the Tourism Sector

2020 ◽  
Vol 11 (1) ◽  
pp. 60-67
Author(s):  
Louis Delcart
Keyword(s):  
Economic Development ◽  
Local Government ◽  
Natural Resources ◽  
Regional Development ◽  
New Technologies ◽  
Added Value ◽  
Historical Background ◽  
Employment Opportunities ◽  
Tourism Sector ◽  
The City

In today's economies, tourism is often used as a means to provide areas with few structural employment opportunities with the tools for economic development. This is especially when the areas in question are attractive because of their natural resources or because of their cultural and/or historical background. To get the best results from the tourism efforts in a city or region, all parties involved must work together, managed by the local government. The task is to make choices in which tourist category the city or region wishes to differentiate itself from the others. If a regional or local government coordinates initiatives with determination and competence, a complete region can enjoy a much higher added value, which by far exceeds the tourist aspect. The regional governments should keep the larger picture of regional development in perspective.

scholarly journals Sori Yanagi’s Industrial Design Aesthetics

2021 ◽  
Vol 5 (4) ◽  
pp. p1
Author(s):  
Siqi Zhang ◽  
Chunshu Chen
Keyword(s):  
Economic Development ◽  
Industrial Design ◽  
Social Economy ◽  
Added Value ◽  
Power Balance ◽  
The Future ◽  
Innovation Ability ◽  
The Aesthetic ◽  
Future Economic Development

With the development of social economy, industrial design has become more and more influential. The development of the industrial design industry is one of the signs showing a modern civilization, innovation ability and comprehensive national strength. In the future economic development, design will become the mainstream force driving innovation. It can be seen that showing the added value in industrial design is a popular trend in the power balance between countries in the future. This article will discuss the aesthetic thought of Sori Yanagi, the father of Japanese industrial design, and discuss the influence of his aesthetic thought on Japanese industrial design.

CURRENT ISSUES OF INTERBUDGETARY EQUALIZATION

2020 ◽  
Vol 1 (12) ◽  
pp. 74-78
Author(s):  
A. A. BISULTANOVA ◽  
Keyword(s):  
Economic Policy ◽  
Economic Development ◽  
Russian Federation ◽  
Current System ◽  
Federal Budget ◽  
Financial Resources ◽  
Socio Economic Development ◽  
Interregional Differentiation ◽  
The Russian Federation ◽  
The Stability

The author touched upon topical issues of inter-budget alignment, budget provision of regions with financial resources, focusing on factors that directly affect the stability of the budget system, as well as highlighting problems in the budget sphere that require urgent attention from the authorities. It is concluded that the level of interregional differentiation continues to increase, and the modern mechanism of budget equalization requires urgent amendments and adjustments. It is emphasized that the main goals of socio-economic development of the Russian Federation related to the transition to an innovative type of development, changes in the structure of the national economy, set out in strategic documents and messages of the President of the Russian Federation and declared since 2009, are not being implemented, and the effectiveness of state economic policy and Federal budget expenditures for its implementation remains low. This indicates the need to review the current system.

The Role of Oil and Gas in the Economic Development of the Global Economy

2018 ◽  
Author(s):  
Paul Stevens
Keyword(s):  
Economic Development ◽  
Global Economy ◽  
Oil And Gas ◽  
Primary Energy ◽  
Oil And Gas Producers ◽  
The Future ◽  
History Of ◽  
Factor Inputs ◽  
The Impact

This chapter is concerned with the role of oil and gas in the economic development of the global economy. It focuses on the context in which established and newer oil and gas producers in developing countries must frame their policies to optimize the benefits of such resources. It outlines a history of the issue over the last twenty-five years. It considers oil and gas as factor inputs, their role in global trade, the role of oil prices in the macroeconomy and the impact of the geopolitics of oil and gas. It then considers various conventional views of the future of oil and gas in the primary energy mix. Finally, it challenges the drivers behind these conventional views of the future with an emphasis on why they may prove to be different from what is expected and how this may change the context in which producers must frame their policy responses.

scholarly journals Living lab on sharing and circular economy: The case of Turin

2021 ◽  
Vol 27 (1) ◽  
pp. 146045822098727
Author(s):  
Federico Cuomo ◽  
Nadia Lambiase ◽  
Antonio Castagna
Keyword(s):  
Circular Economy ◽  
Common Ground ◽  
Swot Analysis ◽  
Research Question ◽  
Environmental Benefits ◽  
Production Cycle ◽  
Living Lab ◽  
Starting Point ◽  
Living Labs ◽  
Past Experiences

Cities with their innovative capacity are key places to address critical climate, environmental and health challenges. Urban experimentations, such as Living Labs, can represent a starting point to reintroduce resources into the production cycle and reduce environmental impacts, embracing the paradigm of the circular economy (CE). According to recent studies, Living Labs at a city scale could generate significant environmental benefits, improvements in quality of life and positive impacts on citizens’ health.1 This paper aims at presenting the case of the Torino Living Lab on Sharing and Circular Economy (LLSC) to point out possible future scenarios of urban sustainable policies. The case study is analysed in five sections: (1) the description of the new permanent laboratory proposed by the City of Turin; (2) the past experiences of Living Labs in Turin; (3) the birth of LLSC and the involvement strategy; (4) the introduction of the eight admitted experimentations. In the light of the results collected, the last paragraph (5) came up with the Strengths, Weaknesses, Opportunities, Treaths (SWOT) analysis in the LLSC. Eventually, it deals with the research question by offering a common ground for global and local policies focused on sustainability and CE.

scholarly journals Valorization of Kiwi by-Products for the Recovery of Bioactive Compounds: Circular Economy Model

Proceedings ◽  
2020 ◽  
Vol 70 (1) ◽  
pp. 9
Author(s):  
Franklin Chamorro ◽  
María Carpena ◽  
Bernabé Nuñez-Estevez ◽  
Miguel A. Prieto ◽  
Jesus Simal-Gandara
Keyword(s):  
Bioactive Compounds ◽  
Circular Economy ◽  
Agricultural Production ◽  
Organic Waste ◽  
Antimicrobial Activities ◽  
Added Value ◽  
Economic Returns ◽  
Industrial Processing ◽  
Pharmaceutical Industries ◽  
By Products

Currently, agricultural production generates large amounts of organic waste, both from the maintenance of farms and crops, and from the industrialization of the product. Generally, these wastes are accumulated in landfills or burned, sometimes causing environmental problems. However, many scientific studies suggest that these residues are rich in bioactive compounds, so these matrices could be revalued for their use in food, cosmetic, or pharmaceutical industries. In this way, the circular and sustainable economy is favored, while obtaining products with high added value. In this case, this approach is applied to the residues generated from kiwi production, since numerous studies have shown the high content of kiwi in bioactive compounds of interest, such as phenolic compounds, vitamins, and carotenoids. These compounds have been reported for their antioxidant, anti-inflammatory, and antimicrobial activities, among other beneficial properties for health such as its use as prebiotic. Therefore, this article reviews the potential of residues derived from industrial processing and agricultural maintenance of kiwi as promising matrices for the development of new nutraceutical, cosmetic, or pharmacological products, obtaining, at the same time, economic returns and a reduction of the environmental impact of this industry, attaching it to the perspective of the circular economy.

Sign in / Sign up

Export Citation Format

Share Document