Industry 4.0 and circular economy: An exploratory analysis of academic and practitioners' perspectives

Massaro, Maurizio; Secinaro, Silvana; Mas, Francesca Dal; Brescia, Valerio; Calandra, Davide

doi:10.1002/bse.2680

Cited by 116 publications

(78 citation statements)

References 117 publications

(134 reference statements)

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“…This qualitative methodology is widely used in specific research areas and investigations such as psychology and sociology [63,64]. This methodology is based on inferring which words are most often associated with each other to understand the concepts and themes most relevant to the interviewees that should be studied [64,65]. In total, four of the most debated words and concepts during the interviews were chosen as objects of analysis.…”

Section: Discussionmentioning

confidence: 99%

The New SWOT for a Sustainable World

Pereira

Pinto

Costa

et al. 2021

Journal of Open Innovation: Technology, Market, and Complexity

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In today’s complex and changing business environment the concern with sustainability has gained more notoriety. However, companies still do not have a sustainable perspective, but a short-term one, where their values are constantly forgotten and this concept is no longer welcomed. This research demonstrates the need for companies to adapt and to start acting in this direction. Following a set of interviews conducted with professionals with management positions of high responsibility, findings reveal that although sustainability is on the management mind, strategies and tools need to be adapted to be at the core of the organization’s strategic formulation. To support this process, a new SWOT analysis to fit a forward-looking sustainable world is proposed. Furthermore, due to the aggregative nature of the model, it represents an essential tool for an open innovation. “SWOT i” integrates the concern with sustainability as one of its pillars, placing the values and impacts that each decision can have at the center of the strategic formulation, allowing their performance to leverage.

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Section: Discussionmentioning

confidence: 99%

The New SWOT for a Sustainable World

Pereira

Pinto

Costa

et al. 2021

Journal of Open Innovation: Technology, Market, and Complexity

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show abstract

“…While under the premise of integrating various disciplines, the ethical, environmental, and ecological issues arising from the birth of IoT technology so far are criticized, and suggestions are given. At the same time, the sociology of science is based on the impact of IoT technology on society and society on IoT technology [2]. e sociology of science, on the other hand, analyzes the status and interactions between IoT technology and society, starting from both aspects.…”

Section: Introductionmentioning

confidence: 99%

Synergy and Communication of IoT Industry Development Strategies in the Perspective of Low Carbon Economy

2021

Complexity

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In this paper, from the perspective of a low-carbon economy, the development mode and influencing factors of the IoT industry are studied, and development strategies are proposed in a targeted manner. Through the analysis of relevant literature, the connotation of the concept of cooperation and dissemination of IoT industry development strategy under low-carbon economy is enriched, emphasizing its systemic, multisubjectivity, and low-carbon effect, and its mechanistic effect is analyzed and different types of models are analyzed and established. The analysis of the model of IoT industry development strategy cooperation and dissemination in low-carbon economy finds that there is industrial variability in the overall trend of continuous increase of IoT industry development strategy cooperation and dissemination in the low-carbon economy, and the reasonable industrial categories and their characteristics are pointed out through cluster analysis. Based on the viewpoint of the IoT industry and regional differentiation, the analysis establishes the path analysis model of enterprise, industry, and region. From the perspective of enterprises using game analysis method research shows that the development process of IoT industry under low-carbon economy first adopts the important benchmarking significance of enterprise technology innovation behavior and its effect on potential enterprises and then pays attention to the government financial and tax policies and market cultivation on the coincidence between different types of IoT enterprises. The research shows that there are fault paths, distorted paths, and pathway types in the development of the IoT industry under a low-carbon economy. Finally, based on the policy analysis, we summarize our shortcomings and the above-mentioned development path views and make suggestions for better policy formulation of IoT industry development in a low-carbon economy from enterprise-level, industry level, and regional level. The above perspectives, conclusions, and policy recommendations on the synergy and dissemination of development strategies will have important positive theoretical and practical guidance for promoting the development of the low-carbon economy and IoT industry.

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“…Industry 4 advancements in technology not only fosters sustainable supply chain implements that can maximize economic values but also reduce environmental impacts and plays a role in social development [23][24][25]. Industry 4 can foster the impact of the circular economy in supply chain management by increasing waste disposal; promoting remanufacturing; enhancing the efficiency of critical resources such as water, energy, gas, and CO 2 ; and improving business models and the mission of companies [26].…”

Section: Supply Chain Management In Industry 4 Eramentioning

confidence: 99%

Interval Type-2 Fuzzy Super SBM Network DEA for Assessing Sustainability Performance of Third-Party Logistics Service Providers Considering Circular Economy Strategies in the Era of Industry 4.0

et al. 2021

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Stakeholders are increasingly aware of the aspect of sustainability, and the fact that the circular economy facilitates the achievement of sustainable development goals. They place pressure on supply chains to become sustainable, and for this reason, third-party logistics (3PL) service providers, as specialized professionals, play a vital role in sustainable supply chain management. Although developments in technology in the era of Industry 4.0 have been effective at directing 3PLs along the path towards sustainability, integrated management of forward and reverse logistics systems in order to achieve a circular economy and to become sustainable remains a problem, even in developed countries. However, benchmarking and using the experiences of others can help to speed up this path at a minimal cost. An interval type-2 fuzzy super-slack-based measure network DEA was developed to make such benchmarking possible. Governance style, staff behavior, environmental management systems, and social elements are considered, alongside the principles of the circular economy, in order to compare the sustainability performance of 17 3PLs with respect to different aspects through the application of the developed DEA model. Proper benchmarking with respect to strategies and operations of the 3PLs that are recognized as efficient makes it possible for these 3PLs to overcome obstacles and progress at a lower cost. The results show that 3PLs do not have a comprehensive sustainability strategy that is coordinated with an overall vision of the total supply chain. An investigation into the development of a framework with multiple steps for the guidance of 3PLs, as well as the whole supply chain, towards sustainability in the Industry 4.0 era would be a fruitful next study.

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Industry 4.0 and circular economy: An exploratory analysis of academic and practitioners' perspectives

Cited by 116 publications

References 117 publications

The New SWOT for a Sustainable World

The New SWOT for a Sustainable World

Synergy and Communication of IoT Industry Development Strategies in the Perspective of Low Carbon Economy

Interval Type-2 Fuzzy Super SBM Network DEA for Assessing Sustainability Performance of Third-Party Logistics Service Providers Considering Circular Economy Strategies in the Era of Industry 4.0

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