scholarly journals Tracing Relationship between Cluster’s Performance and Transition to the Circular Economy

2021 ◽  
Vol 13 (24) ◽  
pp. 13933
Author(s):  
Kristina Razminienė ◽  
Irina Vinogradova-Zinkevič ◽  
Manuela Tvaronavičienė
Keyword(s):  
Sustainable Development ◽  
Correlation Analysis ◽  
Competitive Advantage ◽  
Circular Economy ◽  
Performance Indicators ◽  
Industrial Symbiosis ◽  
Cluster Performance ◽  
Research Areas ◽  
Use Of Resources ◽  
Selection Of

Clusters are defined as geographically close groups of organizations that work together to gain a competitive advantage. Clusters’ shared activities involve knowledge sharing, a common pool of resources, innovations, and cooperation. From a more advanced perspective, clusters can work in industrial symbiosis sharing resources, energy, water, and other products. Tendencies of recent research indicate the growing interest in shifting to an efficient use of resources and sustainable development through the circular economy (CE). Clusters can work as enablers of CE to achieve a competitive advantage. The purpose of this study is to trace the relationships between cluster performance and shifting to the CE indicators. Correlation analysis was used as a method to indicate the relationships between pairs of clusters’ performance and shifting to the CE indicators. The limitations of the research refer to the selection of the indicators as both concepts gain insights, although still debatable. The results show that 16 out of 25 cluster performance indicators were identified that have strong or moderate relationships among pairs while shifting to the CE indicators. These indicators are recommended to be included in observation, benchmarking, or evaluation of the clusters’ activities. They can be significant in monitoring the development of shifting to the CE or in combinations with other research areas.

scholarly journals Global energy security and international economic development

2020 ◽  
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Circular Economy ◽  
Energy Security ◽  
Global Economy ◽  
Business Models ◽  
Clean Energy ◽  
Resource Saving ◽  
Use Of Resources ◽  
General Functioning

Energy security is at the top of the international political and economic agenda due to its importance for the economic and social development of individual countries, for relations between them, for the global economy and the environment. Indeed, it is difficult to imagine an area where countries are more interdependent than at the confluence of energy, environment, and economic development. Energy security has implications for domestic and foreign policy. This means the interdependence between producer and consumer, where mutual vulnerability and a win-win opportunity are short-term and long-term. The work systematizes the types of energy with the goal of sustainable development: the balance of economic, social, and environmental components, through a model of a circular economy, which allows achieving energy security. The first step is switching from carbon-based energy (oil, gas, coal) to clean energy (solar, wind, hydropower, etc.). However, it is also important to act on the principle of energy efficiency, which is to measure the difference between the actually used energy and the total energy consumed (often higher due to losses). The principle of the circular economy of achieving the most efficient use of resources is the most essential for the development of innovative solutions aimed at the transition to clean energy. Having studied the various approaches by comparison and analogy, we can conclude that the Concept of the circular economy offers effective business models to ensure environmentally friendly resource use, contributing to the achievement of sustainable development goals of society. The article used historical and statistical methods, as well as a system approach to the study of economic phenomena, which helped to identify the relationship between all elements and their roles in the general functioning of the circular economy. Using the method of comparison and scientific modeling, the role of the circular economy in resource-saving, minimizing waste and reducing pressure on the environment is revealed, while achieving significant economic and social results in energy security.

scholarly journals Determination of circularity indicators: A case study of MB International Company

2020 ◽  
Vol 13 (1) ◽  
pp. 9-21
Author(s):  
Angelina Pavlović ◽  
Goran Bošković ◽  
Nebojša Jovičić ◽  
Snežana Nestić ◽  
Natalia Sliusar ◽  
...  
Keyword(s):  
European Union ◽  
Sustainable Development ◽  
Adverse Effects ◽  
Circular Economy ◽  
The European Union ◽  
Use Of Resources ◽  
The Republic ◽  
Additional Value

The circular economy (CE) is currently a worldwide popular concept that should ensure sustainable development and resource efficiency. It is established on the theory of consumption and use of resources in the process of production in a way that affects a limitation of adverse effects on the environment. Simultaneously, this concept creates additional value and reuse of the products. In the Republic of Serbia (RS), the idea of CE is still new and underdeveloped. Hence, this paper aims to explore the possibility of implementing a CE in companies that operate in the RS by adopting the already developed methodology in the European Union. This research was conducted by monitoring the production process in the company "MB INTERNACIONAL" that produced cardboard packaging. The obtained approximate value of Circular Indicator of this company was 0.47, which indicated that the company had excellent chances for full implementation of the CE model in the business with the application of specific measures. The low-budget and highbudget measures, which could improve the circularity level in the analyzed company, are also presented in the research.

scholarly journals PROFESSIONALS OF THE XXI CENTURY. CIRCULAR ECONOMY

2020 ◽  
pp. 41-48
Author(s):  
Sysoiev Oleksii
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Human Health ◽  
Circular Economy ◽  
Product Life Cycle ◽  
Professional Training ◽  
Fossil Fuels ◽  
Renewable Energy Sources ◽  
Economic Education ◽  
Use Of Resources

The article considers the problem of training professionals in a fundamentally new direction for Ukraine, namely professionals in circular economy; reveals the economic essence and meaning of the concept of «circular economy»; historical aspects of its formation are analysed; importance for sustainable development of society, the environment protection, human health. Circular, or closed-loop economy – a model of economic development, the basis of which is the rational use of resources and their recovery; it is based on extending the product life cycle, restoring resources, recycling, switching from fossil fuels to using renewable energy sources. Thus, a regenerative, regenerative and integrated circular economy aims to support sustainable economic development without harming the environment. The article concludes that the implementation of the ideas and principles of the circular economy requires the training of professionals of the new formation with the appropriate level of environmental awareness and understanding of the needs of sustainable development of society. Such specialists must not only have a perfect economic education, but also understand the issues of production, be able to respond quickly to the problems of environmental protection and human health, and have an active civil position. In the leading countries of the world professional training of experts in circular economy is already carried out. It is absent in Ukraine today. Thus, in the conditions of growing consumption, accumulation of mass of waste, which cannot be quickly processed in the natural environment and have a harmful impact on the environment, the problem of professionals training in the circular economy in Ukraine needs an immediate solution.

scholarly journals A methodological approach to the evaluation of the effectiveness of innovative projects

2020 ◽  
Vol 166 ◽  
pp. 13018
Author(s):  
Mariya Petryna ◽  
Nataliia Stavnycha ◽  
Lesya Tarayevska ◽  
Liliia Rishchuk ◽  
Oksana Kushlyk
Keyword(s):  
Sustainable Development ◽  
Performance Indicators ◽  
Net Present Value ◽  
Methodological Approach ◽  
Internal Rate Of Return ◽  
The Sustainable Development ◽  
Advantages And Disadvantages ◽  
Innovation Infrastructure ◽  
Technology Parks ◽  
Selection Of

Ensuring the sustainable development of the economy depends to a large extent on the implementation of the innovative model, in which the innovation infrastructure plays a key role. The growing number of technoparks in Ukraine has increased the requirements for economic substantiations for decision-making regarding the expediency of implementing their innovative projects. The search for appropriate methods and approaches to project evaluation has determined the actuality of the research topic. The article summarizes the methods of evaluating innovative projects, identifies their advantages and disadvantages. Besides, it reveals the features of the evaluation of innovative projects of technoparks. The novelty of the work is the proposed methodological approach to the evaluation of the efficiency of innovative technopark projects, which takes into account the specifics of the Ukrainian legislation. The methodological approach is based on the generally accepted performance indicators in the world: Net Present Value, Profitability Index, Internal Rate of Return, and Payback Period. Special accounts of technology parks, their participants, and joint ventures are a separate element in the calculation formulas. The application of the proposed methodological approach will accelerate the process of selection of innovative projects and their implementation, activation of innovative activities, and the sustainable development of the state. The proposed methodological approach is tested in the evaluation of the innovative project of the technopark of the E. O. Paton Electric Welding Institute and confirmed the effectiveness of its implementation.

scholarly journals A Fuzzy Multiplicative Performance Indicator to Measure Circular Economy Efficiency

2020 ◽  
Vol 5 (6) ◽  
pp. 1118-1127
Author(s):  
Mohamed El Alaoui
Keyword(s):  
Sustainable Development ◽  
Fuzzy Logic ◽  
Circular Economy ◽  
Performance Indicators ◽  
Performance Indicator ◽  
Machine Language ◽  
Coherence Measure ◽  
Development Objective

In a world where the linear economy has already proven its limits. Sustainable development through circular economy becomes a necessity more than a choice. To verify the adequacy between a sustainable development objective and the related management of operations, a variety of performance indicators exist in the literature and an overall is required to ease comparisons. Here we use an extended fuzzy weighted product to avoid overvaluation of an indicator over the others. To handle qualitative aspects, fuzzy logic is used to shorten the gap between humans’ perception and machine language. These qualitative features require various evaluators to reduce bias. Thus, a coherence measure is adapted.

scholarly journals Implementation of Eco-Industrial Park for Effectual Establishment of Circular Economy in Russia

2021 ◽  
Vol 20 (5) ◽  
Author(s):  
Ipsita Saha ◽  
Tatiana S. Smirnova ◽  
Vladimir A. Maryev
Keyword(s):  
Sustainable Development ◽  
Circular Economy ◽  
Methodological Approach ◽  
Industrial Park ◽  
Industrial Symbiosis ◽  
Developing Regions ◽  
Industrial Parks ◽  
Energy Flows ◽  
Voronezh Region ◽  
Main Driver

In recent years, waste management has become a major concern in Russian cities. This can be addressed through the circular economy. Developing Eco-Industrial Parks (EIP) can be considered an innovative infrastructure of a circular economy. EIP is based upon the principles of industrial symbiosis involving the exchange of material and energy flows, sharing of infrastructural facilities, and provision of municipal utility and other services. Researchers have found that most industrial symbiotic interconnections originated spontaneously, the main driver being the increasing commercial benefits of such interchange. Still, the authors were able to identify pre-designed EIP through their examination of global practices. This paper proposes a five-stage methodological approach to EIP organization. This methodology was applied to create a model of an EIP in the Voronezh Region, one of the fastest developing regions in Russia. Implementation of this model is intended to help solve a set of environmental, economic, and social problems of a region. The approach to creating EIPs described in this study can be used in other places to improve resource efficiency and reduce waste disposal. Because Russia’s garbage disposal rate currently exceeds 90% per year, this is one of the country’s top sustainable development priorities.

Leading Sustainability through Projects

2013 ◽  
pp. 235-244 ◽  
Author(s):  
Lynn Crawford
Keyword(s):  
Sustainable Development ◽  
Corporate Social Responsibility ◽  
Project Management ◽  
Social Responsibility ◽  
Competitive Advantage ◽  
Business Leaders ◽  
Use Of Resources ◽  
Practical Guidance ◽  
Corporate Social ◽  
Effective Use

Business leaders are embracing sustainability not only as a matter of corporate social responsibility but because it offers opportunities for competitive advantage. As corporate activities are increasingly undertaken in the form of projects, project leaders have the opportunity to assist corporations in achieving their sustainability goals by incorporating sustainable practices in both the products they produce and the practices they use to produce them. Good project management is ultimately concerned with the most effective use of resources, which is a key tenet of sustainability. This chapter provides project leaders with practical guidance for incorporation of sustainable development principles in all aspects of their projects.

scholarly journals Greening the Browns: A Bio-Based Land Use Framework for Analysing the Potential of Urban Brownfields in an Urban Circular Economy

2020 ◽  
Vol 12 (15) ◽  
pp. 6278 ◽  
Author(s):  
Shaswati Chowdhury ◽  
Jaan-Henrik Kain ◽  
Marco Adelfio ◽  
Yevheniya Volchko ◽  
Jenny Norrman
Keyword(s):  
Ecosystem Services ◽  
Circular Economy ◽  
Soil Health ◽  
Well Being ◽  
Land Uses ◽  
Decision Matrix ◽  
Use Of Resources ◽  
Urban Greenspaces ◽  
The City ◽  
Selection Of

The Circular Economy (CE) is expected to accelerate the use of resources with bio-based origin. Cities have an important role in such an economy, not only as main consumers but also because vegetation provides numerous ecosystem services essential for the well-being of urban dwellers. Urban lands are, however, heavily burdened with both past and present activities and ongoing urbanization. Retrofitting obsolete and potentially contaminated brownfields provides an opportunity to engage with bio-based land uses within the city. At the same time, plants are an important part of Gentle Remediation Options (GROs), a more sustainable alternative for managing contamination risks and restoring soil health. This paper (1) provides a tentative selection of Urban Greenspaces (UGSs) relevant for brownfields, and a compilation of ecosystem services provided by the selected UGSs, and (2) presents a framework covering the 14 selected bio-based land uses on brownfields, including GRO interventions over time. This framework provides three practical tools: the conceptualization of linkages between GROs and prospective UGS uses, a scatter diagram for the realization of 14 UGS opportunities on brownfields, and a decision matrix to analyze the requirements for UGS realization on brownfields.

Sustainable Development of Steel and Iron Company under the Circular Economy Mode - A Case Study from JSIC

2013 ◽  
Vol 869-870 ◽  
pp. 851-855
Author(s):  
Hong Wang
Keyword(s):  
Sustainable Development ◽  
Circular Economy ◽  
Environmental Benefit ◽  
Development Mode ◽  
The Sustainable Development ◽  
Use Of Resources ◽  
Production And Consumption ◽  
Energy Saving Technology ◽  
Pollution Emissions

This article focuses on the circular economy development mode of JSIC. Through the steps of making efficient use of resources, highly efficient conversion of energy, vigorously developing the application of energy saving technology, integrated innovation, turning waste into resources and distributed management, the company minimizes the pollution emissions of production and consumption, makes waste harmless, and obtains high economic and environmental benefit at the lower cost. The case indicates that improvement of production mode will help steel and iron company maintain the sustainable development.

Sign in / Sign up

Export Citation Format

Share Document