scholarly journals From Waste to Product: Circular Economy Applications from Sea Urchin

2021 ◽  
Vol 13 (10) ◽  
pp. 5427
Author(s):  
Federico Zilia ◽  
Jacopo Bacenetti ◽  
Michela Sugni ◽  
Agata Matarazzo ◽  
Luigi Orsi
Keyword(s):  
Sea Urchin ◽  
Circular Economy ◽  
Business Models ◽  
Pharmaceutical Products ◽  
Green Economy ◽  
Environmental Aspects ◽  
Economy Model ◽  
Business Model Canvas ◽  
Sustainable Products ◽  
The Social

The classic linear economy model based on extraction, processing, production and waste no longer seems to be functional in a world where natural resources are starting to run out. For these reasons, the aim of this study is to analyse the transition from a linear system to the circular economy, providing an example of reuse of sea urchin waste for the creation of new eco-sustainable products. From a comprehensive literature review, it is provided a framework of all the properties deriving from marine collagen and other inedible parts of the sea urchin. Thanks to its characteristics, marine collagen is a valid support for production of biomedical devices, dermal implants, cosmetic and pharmaceutical products. To make their core business effective, companies should not consider only the financial perspectives but also the social and environmental aspects. Therefore, this work aims at analysing these three frameworks using the Triple-Layered Business Model Canvas, which is a useful tool to support the creative exploration of sustainable and innovative business models. The reuse of sea urchin waste is a clear example of how a circular economy model can be adopted for companies to be successful. Through this virtuous model, they can be projected towards a green economy based on a more eco-sustainable vision.

scholarly journals Linear economy, civil economy and circular economy: education as a catalyst for transition

2021 ◽  
pp. 260-269
Author(s):  
Rosa Indellicato
Keyword(s):  
Sustainable Development ◽  
Cultural Evolution ◽  
Circular Economy ◽  
Ecological Crisis ◽  
Green Economy ◽  
Environmental Damage ◽  
Economy Model ◽  
The Social ◽  
Civil Economy ◽  
The Face

Many people today are raising the issue of sustainable development in the face of the danger of an ecological crisis. The economic, social and cultural evolution poses questions to which each of us is called to respond by reflecting on what are the emergencies of the planet, but at the same time to operate for the protection of health and the reduction of environmental damage. The natural disasters that have occurred in recent years lead us to reflect on the responsibility not only of man, but also the social responsibility of governments. So we ask ourselves: is it possible to achieve a green economy model? A famous economist has already mapped out a path to a non-violent economy, based on a model of accountability. This model states that every discovery must be evaluated by civil society, taking into account the balance between the resources used and the results obtained. To achieve a sustainable green economy, it will be essential to build a biodemocracy in which scientific options are widely supported and accepted.

scholarly journals Foreign Experience of Green Economy Development in the Activities of Energy and Oil and Gas Companies in the 21st Century

2020 ◽  
Author(s):  
Mariia Andreevna Gureva ◽  
Valentina Vladimirovna Butko
Keyword(s):  
Sustainable Development ◽  
21St Century ◽  
Circular Economy ◽  
Oil And Gas ◽  
Green Economy ◽  
Economy Model ◽  
Foreign Experience ◽  
Environmental Projects ◽  
Oil And Gas Companies

Green economy models, in particular, the circular economy model, are capable of creating promising ways to build an ecological future, which requires modernization of the system with respect to a number of environmental methods and elements. The article discusses examples of implementing the key principles of sustainable development and the green economy in the activities of foreign energy and oil and gas companies, which represent a segment with the most powerful potential for introducing new innovative processes and conducting environmental projects.

scholarly journals Model Pengembangan Bisnis BUMDes berdasarkan Pendekatan Sharing Economy dan Gig Economy

2021 ◽  
Vol 12 (3) ◽  
pp. 347-352
Author(s):  
Jaka Sudewa ◽  
Mohammad Fahreza
Keyword(s):  
Development Strategy ◽  
Business Model ◽  
Business Models ◽  
Descriptive Analysis ◽  
Sharing Economy ◽  
Business Practices ◽  
Economy Model ◽  
Business Model Canvas ◽  
Gig Economy ◽  
New Business

In an effort to encourage MSMEs, especially BUMDes Bhakti, the main village of Cilembu, it is necessary to develop a new business model, namely by utilizing opportunities by implementing the digital economy so that BUMDes business activities can operate properly and can follow business developments, so that the purpose of bumdes can be achieved, namely improving services to the community and empowering villages as autonomous regions with regard to productive efforts and improving business. emandirian and village capacity in strengthening the economy. This research aims to find out the potential and business barriers of BUMDes Bhakti Utama, knowing the efforts of BUMDes Bhakti Utama Cilembu in reviving bumdes business that is currently vacuum and to formulate a sharing economy and gig economy model so that the right business model is found for BUMDes, especially BUMDes Bhakti Utama that can be developed and operate in Cilembu Village so that it has a business development strategy that is in accordance with current conditions.  Thus, this study has a contribution, both in the development of theory and in the business practices of sharing economy and gig economy in efforts to empower the village economy. The method used in this study is qualitative descriptive analysis, which is presented in the form of drawings, tables and descriptions. This descriptive analysis method is processed based on elements of the Business Model Canvas and conducted an analysis of the potential and obstacles of businesses and then analyzed based on the sharing economy and gig economy approach to get the sharing economy and gig economy model. Furthermore, SWOT and PESTEL analysis is carried out to assess the extent to which new business models can be used so that alternative strategies / efforts can be formulated.  

scholarly journals CIRCULAR ECONOMY AND INNOVATIVE ENTREPRENEURSHIP, PREREQUISITES FOR SOCIAL PROGRESS

2021 ◽  
Vol 22 (5) ◽  
pp. 1342-1359
Author(s):  
Daniela-Ioana Manea ◽  
Nicolae Istudor ◽  
Vasile Dinu ◽  
Dorel-Mihai Paraschiv
Keyword(s):  
Circular Economy ◽  
Business Models ◽  
Current Approach ◽  
Social Progress ◽  
Sustainable Entrepreneurship ◽  
Synthetic Indicators ◽  
Composite Indices ◽  
The Social ◽  
The Impact

Quality of life and social welfare are objectives of the social policy of any state. The study aims to identify the influence of factors such as the circular economy, digital innovation, sustainable entrepreneurship on social progress and completes the current approach identified in the literature by assessing the dependencies between the phenomena represented by them. The quantification of the influences of the enumerated factors on social progress was achieved by identifying some synthetic indicators, such as composite indices, which would surprise the complexity of the analyzed phenomena. To measure the progress of the transition to the circular economy – using multivariate analysis methods – a composite indicator has been proposed and determined that allows the ranking of EU states according to its orientation, as a premise of social progress, and can substantiate the adjustment national policies. The integration of the proposed indicator in the regression models used, with similar indices, is done to highlight the impact of the circular economy, innovation and sustainable entrepreneurship on social progress. Thus, the adaptation of digital technologies in current business models, the development of sustainable innovative entrepreneurship support the transition from the linear economy to a circular economy and offer new study opportunities.

‘Right to repair’ schemes will boost sustainability

2020 ◽  
Keyword(s):  
Health Outcomes ◽  
Circular Economy ◽  
Consumer Goods ◽  
Fast Moving ◽  
New Products ◽  
Quality Standards ◽  
Economy Model ◽  
Content Type ◽  
Sustainable Products ◽  
Fast Moving Consumer Goods

Significance Extending product life through legislative means will stem the flow of new products and bolster ‘circular economy’ initiatives, whereby materials are diverted from landfill and reused, repurposed or recycled. Impacts Lower demand for new goods will slow the fast-moving consumer goods sector and force it to offer more sustainable products. Product quality standards will rise with environmental awareness, but many firms may have to prioritise cost over quality to stay afloat. Health outcomes will improve when hazardous e-waste is diverted from landfill in a circular economy model. Standardising parts will be near impossible for many sub-sectors to implement given the pace at which technology is developing.

scholarly journals Circular Economy in Russia: Drivers and Barriers for Waste Management Development

2019 ◽  
Vol 11 (20) ◽  
pp. 5837 ◽  
Author(s):  
Olga Fedotkina ◽  
Elena Gorbashko ◽  
Natalia Vatolkina
Keyword(s):  
Waste Management ◽  
Circular Economy ◽  
Management System ◽  
Business Models ◽  
Management Practices ◽  
Production Costs ◽  
Green Economy ◽  
Russian Government ◽  
Best Available Techniques ◽  
Waste Management System

Russia is just starting to become a circular and green economy. The development of an efficient national waste management system is a prerequisite for the circular economy (CE). Russian companies are already moving toward adopting more circular business models because it is proven to be a sound business strategy. This strategy facilitates access to new markets, drives innovative solutions, and saves production costs. This paper presents a general understanding of the CE concept. Using practical examples, we show how the Russian government and other stakeholders are providing solutions to advance the development of the waste management system. The paper demonstrates political, legal, and institutional changes implemented through waste management practices and reforms. We introduce four stages of evolution of waste management in Russia and discuss the changing roles of stakeholders in a waste management ecosystem. We conduct a case study of the best available techniques of waste management in leading Russian companies to identify the roles existing in waste management systems (WMS), to allocate responsibilities of each role, and to describe three types of corporate strategies of waste management. The paper is based on the analysis of official public documents and official reports of leading Russian companies.

scholarly journals Integration of sustainable development and business development as a dominant basis of the circular economy model: theoretical aspect

2021 ◽  
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
National Economy ◽  
Circular Economy ◽  
Business Models ◽  
Theoretical Aspect ◽  
Business Development ◽  
Negative Consequences ◽  
Economy Model ◽  
Innovation Cooperation

Globalization and technological progress call for more efficient supply chains, with economic, social and environmental factors becoming increasingly important. It is possible to solve problems, in particular of ecological nature, which arose during the industrial revolution, and with the existing model of economic development, thanks to the application of the principles and approaches of recycling logistics. Realizing the scale of the negative consequences of the existing model of economic development, it is necessary to move to a new modern environmentally friendly model of green, circular economy. The evolution, goals and features of the circular economy as a modern optimal direction of development are considered. The main approaches to understanding the essence of the circular economy - flow and system - are highlighted and it is proposed to add a synergetic one, which provides for interdisciplinarity and integration through different industries. It is proved that the result of the introduction of a circular economy is to increase the competitiveness of the national economy through energy and resource conservation, reducing carbon emissions, creating new jobs, modernizing the structure of the economy, changing business models. The need to manage logistics support for the development of innovation cooperation is substantiated. Sustainable development of the national economy requires destructive changes and radical innovations, and the ability to ensure this due to adaptation to the circular economy becomes relevant for innovation cooperation. The integration of sustainable development and business development offered by the circular economy model is needed.

scholarly journals Moving Towards the Circular Economy/City Model: Which Tools for Operationalizing This Model?

2019 ◽  
Vol 11 (22) ◽  
pp. 6253 ◽  
Author(s):  
Luigi Fusco Girard ◽  
Francesca Nocca
Keyword(s):  
Sustainable Development ◽  
Circular Economy ◽  
Social Inequalities ◽  
Economy Model ◽  
Development Models ◽  
The Social ◽  
The World ◽  
City Model ◽  
Negative Impacts ◽  
Definition Of

As the world continues to urbanize, identifying and implementing new urban development models and strategies is necessary to face sustainable development challenges. To this end, the circular economy model can be implemented in cities in order to operationalize and achieve human sustainable development managing simultaneously, in a systemic perspective, the social inequalities issue and the ecological and economic crisis. Today there are many cities that are defining themselves as a “circular city” but, to date, a clear definition of this does not exist. In the transition towards the circular city, tools (such as evaluation, governance, financial, business tools) play a fundamental role. The aim of this paper is (after an analysis of the concept of the circular city and its implementation, starting from literature, official documents and reports) to identify and analyze tools for implementing the circular city model. In particular, a set of indicators to assess (positive and/or negative) impacts of projects and initiatives of the circular city agenda is identified.

scholarly journals Adaptation of the business model canvas template to develop business models for the circular economy

Procedia CIRP ◽  
2021 ◽  
Vol 99 ◽  
pp. 698-702
Author(s):  
Anja-Tatjana Braun ◽  
Oliver Schöllhammer ◽  
Bernd Rosenkranz
Keyword(s):  
Business Model ◽  
Circular Economy ◽  
Business Models ◽  
Business Model Canvas

scholarly journals Circular Economy Business Models in the SME Sector

2021 ◽  
Vol 13 (13) ◽  
pp. 7059
Author(s):  
Katarzyna Brendzel-Skowera
Keyword(s):  
Business Model ◽  
Circular Economy ◽  
Business Models ◽  
Raw Materials ◽  
Maturity Index ◽  
Bottom Up ◽  
Business Model Canvas ◽  
Limited Application ◽  
Organizational Maturity

The article focuses on a bottom-up approach to implementing the concept of circular economy. All enterprises, not only the most aware ones, face the challenges of this economy. The modification of business models towards circular economy becomes a necessity. However, questions arise as to whether the use of circular economy business models is widely practiced and how enterprises are coping with the implementation of these models. This article presents the results of research aimed at assessing the organizational maturity of enterprises in terms of implementing the principles of circular economy. Based on the concept of organizational maturity levels of the CMMI model, the classification of circular business models according to R2Pi and the integrated business model (the so-called business model canvas), the maturity index of the circular economy business model is constructed. The results obtained do not allow one to formulate very optimistic conclusions. First of all, a competency gap in the field of circular business models is identified, which translates into a limited application of these models in practice. The most frequently implemented models are: circular raw materials, recovery of raw materials, modification and repair. Most enterprises tend to undertake activities that are characteristic of circular economy. Furthermore, the importance of these activities increases with the age of the enterprise.

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