A transition to Circular Economic Environment

2022 ◽  
Vol 2 (1) ◽  
pp. 0-0
Keyword(s):  
Literature Review ◽  
Case Studies ◽  
Circular Economy ◽  
Business Models ◽  
Research Paper ◽  
Economic Environment ◽  
Extensive Literature ◽  
Sustainable Society ◽  
Sustainable Practices ◽  
Entrepreneurial Spirit

The circular economy is progressively a way towards a sustainable society. The shift from linear to circular business models concerns the entrepreneurs to adopt new practices. The purpose of this research is to propose circular business models to make the worlds three of the most wasteful industries food, plastic, and fashion more sustainable. This paper is developed based on an extensive literature review and case studies. The proposed framework analyses the challenges of these three industries and prescribes relevant business models and sustainable practices. The findings in circular economy business models suggest elements of businesses that can be adopted by entrepreneurs in any industry to create a circular activity. This research paper gives the entrepreneurial spirit with business tools to achieve sustainability ambition.

scholarly journals Smart Manufacturing Systems and Applied Industrial Technologies for a Sustainable Industry: A Systematic Literature Review

2020 ◽  
Vol 10 (8) ◽  
pp. 2897
Author(s):  
Raffaele Cioffi ◽  
Marta Travaglioni ◽  
Giuseppina Piscitelli ◽  
Antonella Petrillo ◽  
Adele Parmentola
Keyword(s):  
Literature Review ◽  
Systematic Literature Review ◽  
Circular Economy ◽  
Manufacturing Systems ◽  
Business Models ◽  
New Technologies ◽  
Smart Manufacturing ◽  
Smart Devices ◽  
Digital Innovation ◽  
Smart Manufacturing Systems

Smart manufacturing is considered as a new paradigm that makes work smarter and more connected, bringing speed and flexibility through the introduction of digital innovation. Today, digital innovation is closely linked to the “sustainability” of companies. Digital innovation and sustainability are two inseparable principles that are based on the concept of circular economy. Digital innovation enables a circular economy model, promoting the use of solutions like digital platforms, smart devices, and artificial intelligence that help to optimize resources. Thus, the purpose of the research is to present a systematic literature review on what enabling technologies can promote new circular business models. A total of 31 articles were included in the study. Our results showed that realization of the circular economy involved two main changes: (i) managerial changes and (ii) legislative changes. Furthermore, the creation of the circular economy can certainly be facilitated by innovation, especially through the introduction of new technologies and through the introduction of digital innovations.

Innovative drivers for family business models in tourism

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Gabriella Arcese ◽  
Marco Valeri ◽  
Stefano Poponi ◽  
Grazia Chiara Elmo
Keyword(s):  
Literature Review ◽  
Business Model ◽  
Family Business ◽  
Systematic Literature Review ◽  
Business Models ◽  
Extensive Literature ◽  
Family Needs ◽  
Content Type ◽  
Tourism Sector ◽  
Innovation Dynamics

PurposeThe aim of this paper is to verify whether, in the tourism sector, the “family business model” is an important development opportunity and, in particular, if it is an innovation driver for this industry development. In the literature, there is no conclusive evidence of this for the tourism sector. In this context, the authors investigate personal and family needs and preferences alongside the relationship between family business model, growth and profit maximization and the development of tourism businesses through innovation drivers.Design/methodology/approachTo develop this topic, the authors conducted an extensive literature review considering the scientific papers published and contained mainly in database in the last 10 years (2010–2020) and focused the attention on the last five years. The authors ran content and structural analysis on the collected sources by main scientific databases (EBSCO, Scopus, Thomson Reuter, etc.). Based on a systematic literature review, the analysis was conducted using statistical criteria and bibliometric indicators. In detail, the authors used systematic literature review, bibliometric analysis and automatic text analysis (ATA) tools for identified lexicon analysis and strategic keywords and used statistical correlation to classify the different approaches in the literature and to outline the orientations of the various research groups.FindingsFrom this analysis, the correlation between tourism, hospitality, entrepreneurship, life cycle and innovation dynamics was analysed. Important research gaps are identified, and future research priorities are suggested. Implications for both family business and tourism theory are discussed.Originality/valueWhile the intersection between tourism management and family business model has been established in the literature, the number of related publications is still limited. Against this background, a literature review as a total analysis was an adequate and practicable research methodology. This paper proposes a comprehensive literature review and a reflection on the potential developments and applications for family business in the tourism sector. Authors also suggest several research directions that have not been adequately investigated yet. In particular, scholars do not seem to have caught all the implications of innovation adoption, especially for SMEs and family ownerships in tourism.

Designing business models in circular economy: A systematic literature review and research agenda

2020 ◽  
Vol 29 (4) ◽  
pp. 1734-1749 ◽  
Author(s):  
Piera Centobelli ◽  
Roberto Cerchione ◽  
Davide Chiaroni ◽  
Pasquale Del Vecchio ◽  
Andrea Urbinati
Keyword(s):  
Literature Review ◽  
Systematic Literature Review ◽  
Circular Economy ◽  
Research Agenda ◽  
Business Models

scholarly journals Circular Economy on Construction and Demolition Waste: A Literature Review on Material Recovery and Production

Materials ◽  
2020 ◽  
Vol 13 (13) ◽  
pp. 2970 ◽  
Author(s):  
Clarence P. Ginga ◽  
Jason Maximino C. Ongpeng ◽  
Ma. Klarissa M. Daly
Keyword(s):  
Literature Review ◽  
Circular Economy ◽  
Business Models ◽  
Latent Dirichlet Allocation ◽  
Traditional Approach ◽  
Construction And Demolition Waste ◽  
The European Union ◽  
Demolition Waste ◽  
Material Recovery ◽  
New Construction

Construction and demolition waste (CDW) accounts for at least 30% of the total solid waste produced around the world. At around 924 million tons in the European Union in 2016 and 2.36 billion tons in China in 2018, the amount is expected to increase over the next few years. Dumping these wastes in sanitary landfills has always been the traditional approach to waste management but this will not be feasible in the years to come. To significantly reduce or eliminate the amount of CDW being dumped, circular economy is a possible solution to the increasing amounts of CDW. Circular economy is an economic system based on business models which replaces the end-of-life concept with reducing, reusing, recycling, and recovering materials. This paper discusses circular economy (CE) frameworks—specifically material recovery and production highlighting the reuse and recycling of CDW and reprocessing into new construction applications. Likewise, a literature review into recent studies of reuse and recycling of CDW and its feasibility is also discussed to possibly prove the effectivity of CE in reducing CDW. Findings such as effectivity of recycling CDW into new construction applications and its limitations in effective usage are discussed and research gaps such as reuse of construction materials are also undertaken. CE and recycling were also found to be emerging topics. Observed trends in published articles as well as the use of latent Dirichlet allocation in creating topic models have shown a rising awareness and increasing research in CE which focuses on recycling and reusing CDW.

Post-tensioned concreting: its suitability for and acceptability in Sri Lanka

2019 ◽  
Vol 17 (4) ◽  
pp. 719-735
Author(s):  
Hewa Siliyange Athushla Madhubhashana ◽  
B.A.K.S. Perera ◽  
Colombapatabendige Savindi Ranthika Perera
Keyword(s):  
Sri Lanka ◽  
Literature Review ◽  
Case Studies ◽  
Construction Projects ◽  
Low Cost ◽  
Extensive Literature ◽  
Structured Interviews ◽  
Content Type ◽  
Swelling Soils ◽  
Post Tensioned

Purpose Many countries have started to use post-tensioned (PT) concrete because of its sustainability and low cost. However, it is not quite popular in Sri Lanka as the required knowhow and technology are not available within the country. By introducing PT concrete to the country, unwanted costs and time overruns could be eliminated from the construction projects. This paper, therefore, aims to identify the suitability and acceptability of PT concreting for/in Sri Lanka. Design/methodology/approach An extensive literature review was first carried out to gather knowledge on PT concreting. The four case studies that followed it included eight semi-structured interviews and a document review. Ten expert interviews were conducted finally to strengthen the findings of the literature review and case studies. Cross-case analysis and NVivo 11 content analysis software were used to analyze the data gathered. Findings Findings reveal that PT concreting saves cost and time of construction and that it can have a control over the resources required for construction, which makes it environment-friendly. PT concreting allows thinner concrete sections, extended spans, stiffer walls that resist lateral loads and stiffer foundations that resist the effects of shrinking and swelling soils. Originality/value It is found that PT concreting is more suitable for the construction industry in Sri Lanka than traditional concreting.

scholarly journals Assessing the Role of Big Data and the Internet of Things on the Transition to Circular Economy: Part I : An extension of the ReSOLVE framework proposal through a literature review

2020 ◽  
Vol 64 (1) ◽  
pp. 19-31 ◽  
Author(s):  
Gustavo Cattelan Nobre ◽  
Elaine Tavares
Keyword(s):  
Big Data ◽  
Internet Of Things ◽  
Literature Review ◽  
Circular Economy ◽  
Grey Literature ◽  
Modern Technology ◽  
The Internet ◽  
Extensive Literature ◽  
Statistical Tool ◽  
The Internet Of Things

The debate about circular economy (CE) is increasingly present in the strategic agenda of organisations around the world, being driven by government agencies and general population pressures, or by organisations’ own vision for a sustainable future. This is due in part to the increasing possibility of turning original theoretical CE proposals into real economically viable initiatives, now possible with modern technology applications such as big data and the internet of things (IoT). Information technology (IT) professionals have been called upon to incorporate technology projects into their strategic plans to support their organisations’ transition to CE, but a structured framework with the necessary IT capabilities still lacks. This study focuses on taking the first step towards this path, by extending the technology attributes present on the existing Ellen MacArthur Foundation (EMF) Regenerate, Share, Optimise, Loop, Virtualise and Exchange (ReSOLVE) framework. The research was conducted based on an extensive literature review through 226 articles retrieved from Scopus® and Web of ScienceTM databases, which were triangulated, validated and complemented with content analysis using the ‘R’ statistical tool, grey literature research and inputs from specialists. Part I describes the introduction and methods used in this study.

Investigating Barriers Toward the Implementation of Circular Economy: A Fuzzy CRITIC Approach

2020 ◽  
pp. 1-33
Author(s):  
Abid Haleem ◽  
Shahbaz Khan ◽  
Harsh Pundir ◽  
Aarjav Jain ◽  
Piyush Upadhyay ◽  
...  
Keyword(s):  
Supply Chain ◽  
Literature Review ◽  
Circular Economy ◽  
Financial Incentives ◽  
Financial Resources ◽  
Extensive Literature ◽  
Environmental Laws ◽  
Extensive Literature Review ◽  
Criteria Importance ◽  
Laws And Regulations

The concept of circular economy (CE) attracts the attention of industries and academia; however, the implementation of CE faces many barriers. Therefore, the primary purpose of this study is to identify and prioritize significant barriers toward the implementation of CE. In order to accomplish these objectives, the barriers of CE implementation are identified through an extensive literature review and finalized through experts’ inputs. After finalizing the barriers, we appropriately applied a fuzzy CRITIC (CRiteria Importance Through Intercriteria Correlation) approach to prioritize the barriers. Further, the identified barriers are analyzed using the Pareto rule. The results suggest that laws and regulations-related barriers and management-related barriers are the most critical barriers toward the implementation of a circular economy. Further, the lack of environmental laws and regulations, insufficient financial resources, lack of financial incentives and a higher cost related to recycled materials in the supply chain are the most significant barriers in industries. The novelty of this paper is that the identified barriers toward the implementation of CE are generic as well as industry-specific.

Circular Economy and Sustainability

2020 ◽  
pp. 31-56
Author(s):  
Berta José Costa ◽  
Susana Rodrigues ◽  
Pilar Moreno
Keyword(s):  
Literature Review ◽  
Natural Resources ◽  
Circular Economy ◽  
Economic Model ◽  
Conceptual Development ◽  
Current Trend ◽  
Extensive Literature ◽  
Continuous Growth ◽  
Unlimited Supply ◽  
A Current

In the last decades, the concern over natural resources, sustainability, and the current linear economic model based on continuous growth is one of the great challenges of our time. The assumption that there is an unlimited supply of natural resources and that the environment has an unlimited capacity to absorb waste and pollution is no longer a current trend, and growing attention has been paid to it worldwide. This chapter represents a contribution to the continuous conceptual development of circular economy and sustainability, and it also reviews how these two concepts have evolved over the past decades. An extensive literature review was conducted, employing bibliometric analysis to scrutinise the state of the art, the perspectives, the agreements and disagreements among these concepts and their correlation.

Knowledge Management for the Circular Economy

2020 ◽  
pp. 520-537 ◽  
Author(s):  
Sulaiman Olusegun Atiku
Keyword(s):  
Knowledge Management ◽  
Literature Review ◽  
Circular Economy ◽  
Business Models ◽  
Innovation Process ◽  
Green Industry ◽  
Knowledge Based ◽  
Job Opportunities ◽  
Knowledge Levels ◽  
Strategic Knowledge Management

The place of knowledge management in ensuring effective transition into a circular economy by developing a circular business model as an alternative to the conventional linear economic model is under-investigated. Knowledge coordination, creation, and dissemination capability of a firm are important in developing the green industry and offering new job opportunities. This chapter adopted a literature review approach to establish the link between knowledge management and transition into a circular economy. Findings show that the firm's eco-innovation process depends largely on strategic knowledge management. Therefore, systems understanding and self-motivated creativity are essential professional knowledge levels in developing circular business models for sustainability. Hence, firms need to enhance the knowledge-based for continuous business process improvement, eco-efficiency, and eco-innovation.

Towards a Sustainable Circular Economy

2022 ◽  
pp. 138-164
Author(s):  
Soraya M. Ruiz-Peñalver ◽  
José M. Rodríguez-Antón
Keyword(s):  
Literature Review ◽  
Systematic Literature Review ◽  
Circular Economy ◽  
State Of The Art ◽  
Sustainable Society ◽  
New Paradigm ◽  
Research Gaps ◽  
Main Research ◽  
Quantitative Studies ◽  
The Impact

The circular economy (CE) is a new paradigm that helps create convergence into a more sustainable society. This chapter shows the main findings of a systematic literature review examining the state of the art of the business concept of sustainability and CE and how scholars have focused on the implementation of circular and sustainable principles in sectors and firms. The main findings show a lack of consensus on definitions related to CE, creating confusion among firms. Final findings also show the challenges that businesses face and the main obstacles that explain why some organisations fail in the transition. Additionally, this review helps to highlight the main research gaps on the topic to encourage sustainability and circularity among firms. Whilst there are an increasing number of papers related to circularity and supply chains, few papers concern with dematerialising products and services. Another gap is the lack of quantitative studies measuring the impact of transitioning to sustainable and circular economies.

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