Proceedings of the Third International Conference on Economic and Business Management (FEBM 2018) 2018
DOI: 10.2991/febm-18.2018.15
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The Synergy in Circular Economy

Abstract: 1-Synergy is interaction of two or more system elements that produce a combined effect greater than the sum of their separate effects. The additional effect or the difference that is created from such an interaction is called synergy effect or synergistic effect. A system can be economical, technical or others. The effect of synergy can be both positive and negative. The positive synergy is sometimes expressed as '2+2=5' effect or '1+1=3' effect, negative synergy is expressed as '2+2<4' effect. The negative sy… Show more

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Cited by 7 publications
(6 citation statements)
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“…The transition to CE is still blurred; the global enterprise with high public coverage has still not been an agent to foster CE [170]. Sectoral research was tremendously carried out to see the inclusion and implication of CE, and still, a plethora of research is being carried out to clarify its concepts; Istudor and Negrel [171] produced a paper to bring clarity between the concept of the CE and its relation to the economic system and systemic ecology.…”
Section: Confusions and Contradictions In The Development Of The Circ...mentioning
confidence: 99%
“…The transition to CE is still blurred; the global enterprise with high public coverage has still not been an agent to foster CE [170]. Sectoral research was tremendously carried out to see the inclusion and implication of CE, and still, a plethora of research is being carried out to clarify its concepts; Istudor and Negrel [171] produced a paper to bring clarity between the concept of the CE and its relation to the economic system and systemic ecology.…”
Section: Confusions and Contradictions In The Development Of The Circ...mentioning
confidence: 99%
“…The circular economy fosters collaboration and the establishment of synergies between different actors within an economic system. This implies the creation of networks and platforms where companies, governments, non-governmental organizations and society in general can share the knowledge necessary for the optimal development of collaborations [82][83][84].…”
Section: Collaboration and Synergymentioning
confidence: 99%
“…Geipele et al in 2018 define synergy as 'interaction of two or more system elements that produce a combined effect greater than the sum of their separate effects' (Geipele, Plotka, Wirzhbitskis, & Zvirgzdins, 2018).…”
Section: Synergy In Circular Economy and Circular Constructionmentioning
confidence: 99%