scholarly journals Circular Economy – Key for the Change of Natural Resource from Scarce to Abundanc

As per world economic forum and UN's world population prospects, every year, the world's population is getting increased by 83 million more people, with this increasing population the usage of some of the available abundant natural resource has increased which may lead to scarcity of these resources. The world was using a traditional economic model based on a 'take-make-consume-throw away' approach of resources, it relays on cheap and easily available resources and starts producing goods, uses it and finally destroys it or dump it as a huge waste. So the world has to shift the gear to circular and sharing economy models. On a small scale, many companies are already working on the problems of resource usage efficiency by developing new technologies, such as those underlying the so-called sharing economy. Car sharing, and bike sharing for example. The circular economy is the process of not buying the goods but using the services and performance of the goods than owning it. This is the model where the manufacturers or the retailers are the owners of the goods and products used by us. The maintenance and repairs will be handled by the manufacturer which is also a part of the deal. In the recent years, the circular economy has gained a greater momentum in all parts of the world like corporate, governments, non-profit organizations and industry associations. The Circular economy will act as an innovative national level developmental strategy with a long-term vision for the future of a well-sustained world by increasing the abundance of the available natural resources. Yet the circular economy has a setback in its model; it also needs certain resource and energy for the process of recycling which is comparatively less. The major question will be whether the energy required for recycling is always lower than reproducing the product itself

2020 ◽  
Author(s):  
C.A. WEERAKOON ◽  
◽  
K.T. WITHANAGE ◽  
V. DISARATNE ◽  
◽  
...  

Construction industry is one of the devoting force of any country's economy. Around the world, Small Scale Contractors (SSC) has been found to play a significant role in creating jobs, infiltrating new markets and growing the economy in an inspired and inventive way. However, performance of SSCs in developing and minor developed countries is still not in adequate level due to various factors. Poor QS practices is one of the significant factor which affect to the current performance of the SSCs. Hence, this research aims to implement better QS practices to mitigate adverse impact to the small scale contractors due to plenty of poor QS practices. Particularly qualitative research approach was used for this study and accordingly data was collected from semi- structured interviews and analyzed using manual content analysis. Project delays, cost overruns of projects, cash flow problems, unable to win tenders, poor construction quality, delays in payments and contractual disputes were identified as major issues caused by the poor QS practices. This research suggests government to impose laws and regulations, offer tax relieves to contractors and impose legal requirements to participate in CPD sessions to minimize poor QS practices. Further clients and consultants can make timely payments to contractors and key suggestions to contractors are hire experienced and qualified professionals, provide well-coordinated training, adopt new technologies, keep clear and completed drawings and specifications, use cost and time controlling techniques and maintain good record keeping system.


Author(s):  
Jeroen van Ameijde ◽  
Zineb Sentissi

Ongoing urbanization, combined with market fundamentalism as the prevailing mode of political management, is leading to the spatial and social segregation of economic classes in cities. The housing market, being driven by economic interests rather than public policy, favors inflexible forms of ownership or tenancy that are increasingly incompatible with the more diverse forms of live-work patterns and family structures occurring in the society. This paper presents a research-by-design project that explores a speculative future scenario of housing, based on current developments in digital technologies and their impact on the mobility and accessibility to services enjoyed by urban residents. It references technology platforms that underpin the 'sharing economy' or 'gig economy', such as 'pay-as-you-go' car and bike sharing programs or internet and smartphone-based services for taxis or temporary accommodation. The study explores how new forms of participation in the housing market could circumvent the current segregation of different communities across the city. It describes a speculative system of distributed residential spaces, accessible to all on a 'pay-for-time-used' basis. By offering freedom of choice across domestic functions of greater range and accessibility than found within existing housing or hotel accommodation, the system would enable opportunistic or nomadic forms of living linked to the dynamic spatio-temporal occurrences of social, cultural or economic opportunities. The research references how new forms of social networking create new challenges and opportunities to participate in communities and explores how new technologies, applied to housing, can help to find a 'sense of belonging' within the technological society.


Mathematics ◽  
2020 ◽  
Vol 8 (11) ◽  
pp. 1908
Author(s):  
Shianghau Wu

The sharing economy has become an important issue in recent years. Many researchers have paid attention to its application around the world. The sharing of bikes, as one of the major applications of the sharing economy, has shown its advantage in the realm of environmental protection and low energy consumption. However, bike-sharing system has encountered problems in certain regions. This arouses the concern about the sustainable development of the bike-sharing system. This research focused on the failure case of oBike in Taiwan. This research used text mining and fuzzy association rules mining methods to evaluate Taiwan’s public opinion about the oBike in order to verify the reasons for oBike’s failure in Taiwan. This study also made a comparison between the bike-sharing system in Mainland China and Taiwan. The research results explored the factors of oBike’s failure in Taiwan and showcased the problems of bike-sharing systems in different regions. The research results also offer useful information for bike-sharing companies and the authorities concerned in order to develop a sustainable bike-sharing system.


2020 ◽  
Vol 66 ◽  
pp. 101596 ◽  
Author(s):  
Charbel Jose Chiappetta Jabbour ◽  
Paula De Camargo Fiorini ◽  
Christina W.Y. Wong ◽  
Daniel Jugend ◽  
Ana Beatriz Lopes De Sousa Jabbour ◽  
...  

Resources ◽  
2019 ◽  
Vol 8 (3) ◽  
pp. 147
Author(s):  
Katalin Czakó ◽  
Kinga Szabó ◽  
Marcell Tóth ◽  
Dávid Fekete

The business models of sharing economy services can differ from each other in different-sized cities. This paper provides a deeper understanding of the implementation of locally operating services for car, bicycle and office sharing in the urban environment. Our goal is to reveal the differences between the capital city and an economically well-developed city in order to provide beneficial findings to the development of the presently operating services, or to the possible implementation of future services. Methodology of the paper applies the Business Model Canvas approach (BMC). We introduce a comparative analysis using data from the Hungarian database, which records details of all the publicly visible sharing economy services countrywide. The results show that BMC can reflect the main differences, constraints and key elements in the business models of sharing economy services. We can say that, in the case of a bike sharing service operated in the non-capital city, there is more segmentation than seen in the same service in the capital. There are significant price differences, especially in the case of long-term tickets. The number of inhabitants and private capital remain the biggest constraints in the case of car-sharing services, but there is also a possibility of implementation in the non-capital cities by applying small-scale services with a good value proposition and segmentation.


2021 ◽  
Vol 35 (1) ◽  
pp. 31-33
Author(s):  
Madison Powers

The coming decades will present an immense challenge for the planet: sustainably feeding nearly ten billion people that are expected to be alive by 2050. This is no small task, and one that intersects with climate change, geopolitics, the increased globalization of agricultural markets, and the emergence of new technologies. The world faces a challenge of increased demand, propelled by an expanding world population and a global shift in dietary patterns toward more resource-intensive foods. Moreover, changes in demand occur in the context of declining soil fertility and freshwater availability, agriculture's growing contribution to water pollution and climate change, and the emerging threats to agricultural productivity caused by climate disruption.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Hamid Yeganeh

PurposeThis study aims to examine the various factors and conditions pertaining to the rise of the sharing economy.Design/methodology/approachAfter framing the sharing economy concept, the study adopts a multidisciplinary approach and relies on the extant literature to analyze and classify eight major groups of factors behind the rise of the sharing economy.FindingsThe analysis indicates that the sharing economy (1) represents a significant paradigm shift emphasizing utilization rather than possession and relying on mutual trust, collaboration and reciprocity; (2) benefits from fundamental transformations such as the world population growth, global urbanization, surge in the world middle class and the convergence of tastes and preferences; (3) relies on technological innovation but is affected by socio-cultural and psychological conditions; (4) is driven by emerging trends in consumption, marketing and working conditions; (5) benefits from lax or nonexistent regulation and taxation; and (6) is recognized as clean and environmentally friendly.Originality/valueThis paper's chief contribution resides in adopting a multidisciplinary perspective to offer an in-depth analysis of the various types of factors behind the rise of the sharing economy.


Resources ◽  
2021 ◽  
Vol 10 (5) ◽  
pp. 40
Author(s):  
Aida Hosseinian ◽  
Jenni Ylä-Mella ◽  
Eva Pongrácz

Circular economy has emerged as a sustainable alternative to the traditional, linear, extract-produce-use-dump economy. The scientific society, practitioners, policymakers, and business sectors are all actively taking part in driving the transition toward circular economy in their own sectors. Every sector is striving to address the environmental issues of their own area, and to find solutions to the problem of resource scarcity. However, there is a lack of comprehensive studies on the general status of circular economy research and applied projects. Finland aims to be a global pioneer in this field, which is why there is a tremendous boost in research in various fields of sustainable materials management. Therefore, there is a need to have a better perspective of the research society’s efforts to accelerate the transition to circular economy. The objective of this paper is to review scientific research and practices of circular economy transition in Finland, in order to categorize and analyze them. The paper aims to give an insight into the current status and provide a comprehensive understanding of the trend changes during the past 20 years. The analysis shows that there is growing attention to circular economy in many research fields, researchers and practitioners in all fields have responded to the need of the society. However, the recycling-based ‘end-of-pipe’ interpretation of circular economy is still more dominant than developing and implementing strategies for circular product design, dematerializing society, and developing service-based business models. It is important to bear in mind that circular economy is about much more than improved resource flows and waste management practices. Achieving a circular economy needs the engagement of the society, it needs invention and innovation and it also requires the creation of new technologies, products, services, and business models. This study gives a comprehensive perspective at the national level and addresses the key actions and sectors which require more investment and attention from the scientific community to boost the transition toward circular economy. There are some limitation in this study derived from the method of data collection and selection of databases. Due to this, there may be valuable works that were not published, or only in the Finnish language and were, therefore, not identified in this study.


Photoniques ◽  
2019 ◽  
pp. 24-31 ◽  
Author(s):  
Giulia Grancini

With the world population swelling and rapid technological innovations imposing global network and connections, the growing energy demand has reached unprecedented levels: “The energy industry is facing decades of transformation,” reported the World Energy Council at the end of 2018 [1]. Increasing use of renewable energy sources and photovoltaics is thus utmost for Europe to meet the goals imposed by the Paris Agreement. From a research point of view, this pushes an enormous effort into discovery of new materials, new physical phenomena and development of new technologies to sustain such paradigm shift to a low-carbon society.


2021 ◽  
Vol 13 (19) ◽  
pp. 11080
Author(s):  
Svetlana Ratner ◽  
Konstantin Gomonov ◽  
Inna Lazanyuk ◽  
Svetlana Revinova

Historically, the development of the circular economy (CE) proceeds from the CE 1.0 stage, characterized by attention to waste management and recycling, to the CE 2.0 stage with an emphasis on resource efficiency and eco-efficiency, to the current CE 3.0 stage, in which the key factor to a company’s success is the business model. However, not all countries of the world simultaneously began transforming the national economy from a linear model to a circular one; many are still at the CE 1.0 and CE 2.0 stages, and do not have a developed system of institutions supporting the circular economy. In Russia, the concept of a circular economy has not yet received recognition in society and government; the stage of its development can be defined as CE 2.0. This study compares the barriers and drivers of CE development in the EU countries, a group of countries with a well-developed institutional support system, and in Russia, a country that does not have such a system. The study reveals that the most significant difference between countries with mature systems of institutional support and Russia lies in the regulatory sphere and in information and awareness about new available technologies and ways to increase resource efficiency, commercial attractiveness, and organizational feasibility. Changes in the first sphere are impossible without the participation of the national authorities; however, changes in the information sphere are feasible even without the government’s support. The actors in such changes can be international companies with access to resource-efficient new technologies and processes for organizing business.


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