Embedding the Circular Economy in Investment Decision-making for Capital Assets – A Business Case Framework

The Circular Economy Impact on Small to Medium Enterprises

“…According to Klewitz and Hansen [13], "We find that first SME strategic sustainability behaviour ranges from resistant, reactive, anticipatory, and innovation-based to sustainability-rooted." A business case model includes the business objectives, as well as a cost/benefit analysis and risk valuation [18]. "Some SMEs appear not to be familiar with the circular economy concept or to face difficulties in understanding its benefits.…”

The Development of a Circular Evaluation (Cev) Tool – Case Study for the 2024 Budapest Olympics

“…While the material flow, and the recycling of material flows are merely parts of the MacArthur mechanism, the Korse calculation (Equation 3) takes explicitly this side into consideration for calculating the circular value [78,79,80]. 3) also shows, the Korse-style material flow suggests a much more diversified train of thought.…”

Manoeuvring physical assets into the future

“…Therefore, this may be a promising topic for further research. Additional research should review sustainability, resource scarcity and the demand for a more efficient use of resources (for example, the circular economy approach; (Ellen MacArthur Foundation, 2012;Korse et al, 2016). All three cases acknowledged declining levels of agility.…”

“…Most conference papers have first been extended and improved into journal papers, and these journal papers have become chapters in this dissertation. One exception is the conference paper with Maurits Korse (Korse et al, 2016), which does not fall within the scope of this dissertation. As a result, this PhD dissertation consists of a collection of separate (journal) papers (see section 1.8), which all cover separate parts of the main research question for this PhD project.…”

“…Relatedly, while a large literature exists on the estimation of the remaining useful life (see for example the review by Si et al (2011)) and asset replacement decision making (refer to Das and Sarmah (2010) for a review), little attention has been spent on the last life cycle phase of the assets life: disposal & recycling. Only few authors have addressed this life cycle phase in relation to Asset Management (see for example Niekamp et al (2015) or Korse et al (2016)). …”