First-mover firms in the transition towards the sharing economy in metallic natural resource-intensive industries: Implications for the circular economy and emerging industry 4.0 technologies

Jabbour, Charbel José Chiappetta; Fiorini, Paula De Camargo; Wong, Christina W.Y.; Jugend, Daniel; Jabbour, Ana Beatriz Lopes de Sousa; Seles, Bruno Michel Roman Pais; Pinheiro, Marco Antônio Paula; Silva, Hermes Moretti Ribeiro da

doi:10.1016/j.resourpol.2020.101596

Cited by 92 publications

(60 citation statements)

References 75 publications

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“…From the I4.0 literature analysis, it is noted that the present increasing attention and interest of organisations in I4.0 technologies encapsulate the technical foundations of its general implications on business [2,3,37]. Most studies focus on the challenges of I4.0 for organisations [36,38], in the form of reviews or opinions that critically relate to BM designs [39][40][41] and how I4.0 can help organisations' deliver, capture, and create value in this context [4].…”

Section: Key Variablesmentioning

confidence: 99%

“…Data gathered can be methodically administered to identify uncertainties and develop wellversed solutions to overcome barriers to a more collaborative, sustainable, and resilient supply-chain network [10,50]. Thus, it can be said that I4.0 is an advanced version of predominantly information technology (IT) that drives transformations in the current manufacturing operations and systems [37,38,51]. Experts have also shown consensus about l4.0, suggesting that such development not only infuses technological advancement but is accompanied by versatile organisational repercussions as well [12,21,52].…”

Section: Key Variablesmentioning

confidence: 99%

“…The transition from a linear to CE results in a notable shift in the market/customer segment. Therefore, to achieve maximum customer value, firms invest heavily in I4.0 technologies by integrating full value networks and transparency of systems [37,50,91,92]. To explain the relationship between I4.0 and CE, most experts have used the term "Digitalisation of CE" [28,33,36,93].…”

Section: Linking I40 and Servitisationmentioning

confidence: 99%

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Towards a Conceptual Development of Industry 4.0, Servitisation, and Circular Economy: A Systematic Literature Review

et al. 2021

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Industry 4.0 (I4.0) technologies have been highlighted in recent literature as enablers of servitisation. Simultaneously, businesses are advised to implement a circular economy (CE) to bring new opportunities. However, it is pertinent to mention that little attention has been given to assess the role of I4.0 in adopting the CE and servitisation in a fully integrated manner. This research fills this gap by developing a conceptual framework through a systematic literature review of 139 studies investigating the relationship between the I4.0, CE, and servitisation. This study identifies the impact of these variables on a firm’s operational and financial performance (revenue stream, growth, and profitability). Our research findings advocate that adopting I4.0 technologies to the business and manufacturing model enables sustainability, energy and resource efficiency while enhancing performance and offering innovative products through smart services. Thus, firms must systematically adopt I4.0 technologies to support a CE model that creates value through servitisation. This study identifies the research gaps that are unexplored for practitioners and future researchers while providing insight into the role of I4.0 in implementing CE in the servitisation business model.

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Section: Key Variablesmentioning

confidence: 99%

Section: Key Variablesmentioning

confidence: 99%

Section: Linking I40 and Servitisationmentioning

confidence: 99%

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Towards a Conceptual Development of Industry 4.0, Servitisation, and Circular Economy: A Systematic Literature Review

et al. 2021

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“…These used shared bikes can be divided into two parts: one part is the valuable bikes that can be recovered for reuse (i.e., remanufacture and refurnishing), and the other part is scrapped bikes which are usually sold to recycling companies for end-of-life processing (e.g., bicycle dismantling, material disposal, and recycling). The number of recovered bikes (NRB) is calculated by Equation (7).…”

Section: Scale Evolution Of the Supply And Demand Ends Of The Ffbs Marketmentioning

confidence: 99%

“…In recent years, the rapid development and application of advanced technologies have greatly accelerated the promotion of the circular economy. Advanced material science and manufacturing technology (e.g., Industry 4.0 and additive manufacturing) can help to lengthen product lifespans and enhance the reusability and durability of products [7][8][9][10]. The Internet of Things and Big Data can help to monitor and track product activity, provide preventive and predictive maintenance, optimize product usage, upgrade the product, enhance remanufacture and renovation, and improve other end-of-life activities [6,[11][12][13].…”

Section: Introductionmentioning

confidence: 99%

How Does the Collaborative Economy Advance Better Product Lifetimes? A Case Study of Free-Floating Bike Sharing

Sun

2021

Sustainability

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The collaborative economy is considered to have great potential in promoting the circular economy. However, there is little empirical research in this field. Taking the Beijing free-floating bike sharing (FFBS) program as an example, this study develops a system dynamics (SD) model based on the product lifetime extension business model (PLEBM) framework, and the business practices of FFBS. Combined with the dynamic evolution process of the FFBS market, the impact of FFBS on bicycle lifetime and the utilization efficiency of the urban bicycle system is explored. The results show that FFBS can reduce the required supply scale of the entire bicycle system by about 21%, and increase the average daily usage of bicycles by about 27%. In addition, FFBS also can increase the average lifecycle trip volume per bike in the entire urban bicycle system from approximately 900 to 1060, an increase of 16%. In particular, this study estimates that the optimal supply scale of the FFBS market in Beijing is about 800,000. It is worth noting that although enhancing the PLE strategy can increase the contribution of FFBS to PLE, it may also deteriorate the profitability of the FFBS platform. The authorities and FFBS operators should work together to continuously improve the profitability of the platform and strengthen its innovation capabilities to promote the healthy and sustainable development of FFBS.

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The role of industry 4.0‐enabled data‐driven shared platform as an enabler of product‐service system in the context of circular economy: A systematic literature review and future research directions

Atif

2023

Bus Strat Dev

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First-mover firms in the transition towards the sharing economy in metallic natural resource-intensive industries: Implications for the circular economy and emerging industry 4.0 technologies

Cited by 92 publications

References 75 publications

Towards a Conceptual Development of Industry 4.0, Servitisation, and Circular Economy: A Systematic Literature Review

Towards a Conceptual Development of Industry 4.0, Servitisation, and Circular Economy: A Systematic Literature Review

How Does the Collaborative Economy Advance Better Product Lifetimes? A Case Study of Free-Floating Bike Sharing

The role of industry 4.0‐enabled data‐driven shared platform as an enabler of product‐service system in the context of circular economy: A systematic literature review and future research directions

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