Eco-Holonic 4.0 Circular Business Model to Conceptualize Sustainable Value Chain towards Digital Transition

Ávila-Gutiérrez, María Jesús; Martín-Gómez, Alejandro Manuel; Aguayo-González, Francisco; Lama-Ruiz, Juan Ramón

doi:10.3390/su12051889

Cited by 29 publications

(14 citation statements)

References 144 publications

(140 reference statements)

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“…Further, for publications on CE & DE with unclear or no relationship to life cycle stages, associations with their application fields include business models [20,124], supply chain management [67], closed-loop systems [96], industrial policies [125], information technology [126], digital transformation [97,127], smart assets [128], city social inclusion [129] and rural well-being [130], and environmental value [81].…”

Section: Life Cycle Stages and Application Areas In Ce And Dementioning

confidence: 99%

Integration of Digital Economy and Circular Economy: Current Status and Future Directions

Liu

Osmani

2021

Sustainability

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Circular economy (CE) is a concept actively advocated by the European Union (EU), China, Japan, and the United Kingdom. At present, CE is considered to grant the most traction for companies to achieve sustainable development. However, CE is still rarely adopted by enterprises. As the backbone of the fourth industrial revolution, the digital economy (DE) is considered to have a disruptive effect. Studies have shown that digital technology has great potential in promoting the development of CE. Especially during the COVID-19 epidemic that has severely negatively affected the global economy, environment, and society, CE and DE are receiving high attention from policy makers, practitioners, and scholars around the world. However, the integration of CE and digital technology is a small and rapidly developing research field that is still in its infancy. Although there is a large amount of research in the fields of CE and DE, respectively, there are few studies that look into integrating these two fields. Therefore, the purpose of this paper is to explore the research progress and trends of the integration of CE and DE, and provide an overview for future research. This paper adopts a bibliometric research method, employs the Web of Science database as its literature source, and uses VOSviewer visual software to carry out keyword co-occurrence analysis, which focuses on publication trends, journal sources, keyword visualization, multidisciplinary areas, life cycle stages, and application fields.

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Section: Life Cycle Stages and Application Areas In Ce And Dementioning

confidence: 99%

Integration of Digital Economy and Circular Economy: Current Status and Future Directions

Liu

Osmani

2021

Sustainability

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“…This has become increasingly complex question, as many of the world's major industries try to shape their services and products towards the CE. Although CBMs have been actively discussed over the past five years, there are still relatively small number of practical and scientifical studies in this domain (Scarpellini et al,2020;Avila-Gutierrez et al, 2020).…”

Section: Research Results and Discussion 1 The Circular Economy And mentioning

confidence: 99%

Financial viability of circular business models in tyre recycling industry in Latvia

Uvarova¹,

Atstāja²,

Korpa³

et al. 2020

Economic Science for Rural Development

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The end-of-life (EOL) tyre recycling industry in Latvia is encountering economic and sustainability challenges, which require solutions by various stakeholders. Improvement of tyre waste management and recycling is important within the context of sustainability and the new streamlining of circular business models. Its importance is also recognized at the European Union level in relation to the further strategic goals and the European Green Deal. In addition, the tyre recycling industry in Latvia demonstrates a relatively unfavorable financial situation, which is one of the most significant factors hindering the introduction of new circular business models. The aim of this research is to clarify the challenges related to the financial viability of tyre recycling companies adopting the new circular business models. The main research methods are literature review, semistructured in-depth interviews, case studies and financial analyses. There are large stocks of EOL tyres and on average just 50 % of them are recycled. The tyre waste management companies are not motivated to supply EOL tyres to recycling companies. On the other hand, due to various reasons, most of the tyre recycling companies are not working with their maximum production capacity. The research results reveal that the tyre recycling companies mostly run traditional and inefficient business models that require large operating costs and ensure comparatively low profitability. In order to enable more efficient and environmentally friendly type recycling process, the companies should implement new, investment intensive technologies. Yet, they face critical issues of liquidity and financial returns. Major conclusions are related to the necessity to develop several business models interlinked within one portfolio thus ensuring the manufacturing of various products with higher added value and quality. This may maximise the profits and improve the financial viability of tyre recycling business models.

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“…In Figure 5, a profusion of bibliographic couplings with a unit of analysis of cited references is presented. adopt advanced technologies such as artificial intelligence (AI), machine learning (ML), predictive analytics, and the internet of things (IoT) to achieve sustainability goals [13].…”

Section: Figure 2 Evolution Of Citations Between ≤2011 and 2021 Source: Own Elaborationmentioning

confidence: 99%

Sustainability and the Digital transition: a literature review

Rosário¹,

Dias²

2022

Preprint

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The digital transition processes have demonstrated an enormous capacity to develop and implement sustainable solutions, which allow solving several problems such as poverty, high rates of species extinction and lack of equal opportunity. However, little attention is paid to the connection between the digital transition and sustainability. Thus, a systematic review of the bibliometric literature was developed to fill this knowledge gap and demonstrate the potential contributions of the digital transition to environmental, economic and social sustainability aspects. In environmental sustainability, the digital transition involves the application of technologies such as AI, big data analytics, IoT, and mobile technologies that are used to develop and implement sustainability solutions in areas such as sustainable urban development, sustainable production and pollution control. In economic sustainability, emerging digital technologies can drive transformation into the more sustainable circular economy, the digital sharing economy, and establish sustainable manufacturing and infrastructure design. In the digital transition to social sustainability, the studies analyzed demonstrate the need for multidimensional policy perspectives to address the current digital divide. For effective management of the digital transition that achieves sustainability goals, the study discusses alternative approaches that include innovation through experimentation, and dynamic and sustainable advantages achievable through temporary benefits.

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Eco-Holonic 4.0 Circular Business Model to Conceptualize Sustainable Value Chain towards Digital Transition

Cited by 29 publications

References 144 publications

Integration of Digital Economy and Circular Economy: Current Status and Future Directions

Integration of Digital Economy and Circular Economy: Current Status and Future Directions

Financial viability of circular business models in tyre recycling industry in Latvia

Sustainability and the Digital transition: a literature review

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