Circular economy strategies on business modelling: Identifying the greatest influences

Salvador, Rodrigo; Barros, Murillo Vetroni; Freire, Fausto; Halog, Anthony; Piekarski, Cassiano Moro; Francisco, Antônio Carlos de

doi:10.1016/j.jclepro.2021.126918

Cited by 73 publications

(47 citation statements)

References 129 publications

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“…Salvador and co-authors [59], using expert interviews and the Fuzzy Logic approach, demonstrated that developing strategic partnerships, engaging stakeholders along the value chain, and extensive implementation of digital technologies are the most efficient strategies to improve circularity. Kristoffersen and colleagues in their recent study [60] interviewed 125 European firms.…”

Section: Literature Reviewmentioning

confidence: 99%

Barriers and Drivers for Circular Economy 2.0 on the Firm Level: Russian Case

et al. 2021

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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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Section: Literature Reviewmentioning

confidence: 99%

Barriers and Drivers for Circular Economy 2.0 on the Firm Level: Russian Case

et al. 2021

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“…Third, the circular economy is characterized by re-use of products, as well as deep processing of waste, which makes it possible to maximize extraction of useful components in accordance with available advanced technologies. Fourth, production should use environmentally friendly materials that are subject to rapid decomposition or are easily recycled [2].…”

Section: The Role Of the Circular Economy In Sustaining Value Creation: Literature Review And Hypotheses Developmentmentioning

confidence: 99%

“…Ideas of a circular economy involve restoration and regeneration of resources within closed flows, where materials are used repeatedly with minimal losses [1]. As a result, the impact of human activities on the environment is significantly reduced, in addition, less valuable non-renewable resources are involved in the manufacturing processes [2]. Despite this, there are a number of barriers to the practical implementation of a circular economy principles and methods.…”

Section: Introductionmentioning

confidence: 99%

Do circular economy and green investments create value at the regional level? Evidence from Russian regions

Popova¹,

Strikh²

2021

E3S Web Conf.

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Green investments and principles of circular development have become one of the prominent dimensions of regional development policies. The purpose of this article is to study the impact of green investments on circular economy indicators and contribution of these indicators to economic growth at the regional level. The study examines two key indicators of the circular economy: the share of captured and neutralized emissions into the atmosphere and the share of recycled water in the regional manufacturing systems. To test the proposed hypotheses, methods of regression analysis are used. Gross regional product is used as a predictor of value creation. The empirical base is Rosstat data for the period from 2015 to 2019. The results show that the circular economy indicators do not have a visible impact on economic growth at the regional level, but green investments increase the volume of resources used in circular manufacturing systems. It is probable that in Russian industrial economy, implementation of the circular economy principles is associated only with an increase in costs, which do not provide linear returns at the macroeconomic level.

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“…Society has long relied on linear systems, which contributed to exceeding Earth's carrying capacity [85], for which the concept of circular economy has been brought to light [6]. A CE seeks to mimic nature, and it is inspired by the re-cycling of nutrients, from infiltration, digestion, and cyclical emissions [99].…”

Section: Introductionmentioning

confidence: 99%

Current Panorama, Practice Gaps, and Recommendations to Accelerate the Transition to a Circular Bioeconomy in Latin America and the Caribbean

et al. 2022

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The rampant use of resources and the increasing risk of scarcity have been contributing to greater awareness regarding the need for maintaining resources in use for longer and the shift to renewable alternatives, in which perspective the concept of a circular bioeconomy (CBE) has been permeating the most diverse sectors. Therefore, the study's aims were manifold: identify (i) existing practices and initiatives, (ii) barriers and potential opportunities and (iii) existing gaps for advancing a circular bioeconomy in Latin America and the Caribbean (LAC) and (iv) provide recommendations aiming at the development of a circular bioeconomy (CBE) in the region. To that end, a systematic review of the existing academic literature was done, and reports from relevant non-peer reviewed sources were also consulted. CBE practices in LAC are concentrated in only a few of the countries in the region and very much revolve around recovering value from by-products and waste streams. There are a range of economic, technological, environmental, and social barriers. Opportunities for a CBE are mainly related to the use of waste as raw material (found abundantly in the countries being investigated) and the use of new techniques/technologies. The gaps between the current state and a successful CBE are related to policy, scaling-up, collaborations, and establishing efficient business models. Recommendations for a successful CBE in the region include greater engagement of public actors, investing and developing the local economy, establishing biorefineries and industrial parks, and finding new technological routes for bioresources.

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Circular economy strategies on business modelling: Identifying the greatest influences

Cited by 73 publications

References 129 publications

Barriers and Drivers for Circular Economy 2.0 on the Firm Level: Russian Case

Barriers and Drivers for Circular Economy 2.0 on the Firm Level: Russian Case

Do circular economy and green investments create value at the regional level? Evidence from Russian regions

Current Panorama, Practice Gaps, and Recommendations to Accelerate the Transition to a Circular Bioeconomy in Latin America and the Caribbean

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