The Circular Economy Solution to Ocean Sustainability

Author(s):  
Sónia Barroso ◽  
Filipa R. Pinto ◽  
Agostinho Silva ◽  
Frederica Gil Silva ◽  
Ana M. Duarte ◽  
...  

This chapter gives a good grounding in view of the development of innovative technological solutions that enhance the valorisation and efficient use of marine resources through the integration of value chains, in a logic of circular economy, articulating food industry, biotechnology, and fisheries. Economy is a business model that extends the circular economy principles of sustainability and reuse to activities influencing the world's aquatic ecosystems, not only seas, oceans, and coastlines, but rivers and lakes, too. Both combine concepts of design out waste and pollution, keep products and materials in use, regenerate natural systems, sustainability, and share economy. However, the blue economy goes further to strengthen competitiveness by lowering costs and pursuing a more effective economy of scale. Consequently, the circular economy is becoming increasingly tinged with blue. The aim of this chapter was to present two case studies on sustainable business strategies for the circular blue economy.

2021 ◽  
Vol 13 (12) ◽  
pp. 6698
Author(s):  
Seongwon Yoon ◽  
Sungsoo Kim

Despite the increasing uptake of the term sustainable business model (SBM), the concept has mainly focused on business strategies. However, integrating the SBM into a longer-term and macroscopic framework would make it more sustainable. This article explored the SBM as a national strategy that operates beyond a corporate level. In this respect, the study examined the ways in which cultural and political perceptions of a nation can influence consumers’ choices. This article particularly examined the explanatory power of two ideational driving forces: perceptions of cultural heritage, and perceptions of politics and foreign relations. By assessing a dataset of the views of 223 African students studying in Korea, this study confirmed that national image meaningfully affects consumer behavior (intention to recommend). Furthermore, the study provided new evidence that cultural and political perceptions of a nation have a significantly positive effect on national image. It was also found that national image played a role as a mediating variable relating to cultural/political perceptions and intention to recommend. By extending the concept of the SBM to a national level, this article lays the foundation for a win–win situation between decision makers in both business and political sectors.


2009 ◽  
pp. 1853-1869
Author(s):  
S. Pavic ◽  
M. Simpson ◽  
S. C. Lenny Koh

This study explores new ways for SMEs to create a competitive advantage through the use of e-business. It examines the level of ICT use in SMEs and identifies the drivers and barriers which owners/managers face in adopting e-business. Furthermore, it explores the degree of awareness amongst SMEs of the opportunities available to them for developing their employees, their business strategies, and their attitudes toward the range of initiatives and options, on the use of e-business. Industry behaviour and organisational culture in relation to the creation of competitive advantage through e-business also are explored. Case studies and literature review are used to collect information from and about SMEs in the UK. The results of these are employed to propose a prototype business model, named CATE-b – “Competitive Advantage Through e-business.”


Author(s):  
S. Pavic ◽  
M. Simpson ◽  
S. C.L. Koh

This study explores new ways for SMEs to create a competitive advantage through the use of e-business. It examines the level of ICT use in SMEs and identifies the drivers and barriers which owners/managers face in adopting e-business. Furthermore, it explores the degree of awareness amongst SMEs of the opportunities available to them for developing their employees, their business strategies, and their attitudes toward the range of initiatives and options, on the use of e-business. Industry behaviour and organisational culture in relation to the creation of competitive advantage through e-business also are explored. Case studies and literature review are used to collect information from and about SMEs in the UK. The results of these are employed to propose a prototype business model, named CATE-b – “Competitive Advantage Through e-business.”


2020 ◽  
Vol 15 (6) ◽  
pp. 175-194
Author(s):  
AGNIESZKA KARMAN ◽  

Circular Economy (CE) can be promoted and supported by the creation of new and innovative business models which embed CE principles into organisations’ value chains. This paper provides a review of approaches to the circular business model (CBM). We conducted a literature review, including content analysis, and examined publications (51 papers) on circular business models published in English in peerreviewed journals. Our objective was to provide an overview and systematize the stateof-the-art in CE-oriented business model approaches. The following research questions were posed in relation to the objective: Which sub-processes and components are included in the Circular Business Models (CBM)? Which CBM archetypes have already been established? Which strategies and other factors support the creation/ transformation of the CBM? The results of the studies were presented in five areas encompassing the following: 1) development (including the methodologies of development and transformation), value proposition, creation and delivery, 2) CBM archetypes, 3) circular strategies, 4) the determinants of development and transformation of business models for CE. The paper contributes to the improved understanding of circular business models. It consolidates related research by offering an overarching conceptual framework. It also points to the directions of future research.


Author(s):  
Marek Jabłoński

Archetypes of sustainable business models can be used to the elaboration of archetypes of business models that combine the assumptions of sharing economy and circular economy as part of their categorization. The chapter presents the assumptions of conceptualization and operationalization of potential model solutions in the field of using archetypes of sustainable business models in the design of circular business models in digital economy. The chapter has an epistemological character described in ontological, epistemological, and methodological categories, but also with the use of an axiological sense. The aim of the chapter is to develop and indicate the principles of designing business models based on the concepts of sharing economy and circular economy using archetypes of sustainable business models in range of digital environment of business.


2020 ◽  
Vol 05 (02) ◽  
pp. 253-269 ◽  
Author(s):  
Shahbaz Khan ◽  
Abid Haleem

There is a growing concern among consumers for preserving the environment without compromising the current lifestyle. In this context, organizations are looking for a sustainable business model that can fulfil their business objectives effectively. The concept of the circular economy is emerging as a solution that can help the minimization of the ill effect of industrialization. The circular economy is efficiently adopted and implemented through circular practices. However, the adoption of circular economy practices is not easy for the industries, and it requires a comprehensive strategy. Therefore, this study aims to identify and evaluate the key strategies to accomplish circular economy practices in the present-day context. In order to fulfil the research objective, this study identified 11 significant strategies that are needed for the adoption of circular economy practices. These strategies are identified using an integrated approach of the literature review and focus group discussion with experts. Further, these key strategies are evaluated using the fuzzy DEMATEL and developed a causal relationship among the strategies. The applied method has also classified the strategies into cause and effect group. The cause group comprises the five strategies, while effect group contain the six strategies. The finding suggests that “management involvement, support and commitment” and “creating a vision and goals for circular economy” are prominent strategies. This study will facilitate the managers to make the action plan for implementing the circular practices in order to shift towards the circular economy.


Author(s):  
Jahan Sanne ◽  
◽  
Anders Bjork ◽  
Bo Sahlberg ◽  
Hakan Stripple ◽  
...  

The literature on sustainable business models suggests a large potential for radical environmental benefits in many industries based upon current technological opportunities. However, there is a lack of empirical knowledge on how to design, implement and spread such business models in complex value chains. Based on a qualitative exploratory study, a concept for sustainable business models to reduce carbon emission when using construction machinery has been developed and measures needed to implement and design such a model within the construction industry is identified. The study is based upon interviews, study visits and a workshop, with participants representing all important actors in the value-chain. In conclusion, business and environmental objectives can be aligned through a result-oriented business model, supported by life-cycle data, contractual incentives, standardised emission measures and driver visualization. The concept is generalisable to the greening of value chains beyond carbon reduction and also to other complex business to business value-chains.


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