Modern Circular Economy: Corporate Strategy, Supply Chain, and Industrial Symbiosis

Maranesi, Cristina; Giovanni, Pietro De

doi:10.3390/su12229383

Cited by 78 publications

(32 citation statements)

References 63 publications

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“…The systemic change of the CE operates at all levels: the micro level (products, companies, consumers), the meso level (ecosystems, industrial symbiosis) and the macro level (city, region, nation) [12][13][14][15][16]. To manage the CE transition on different systemic levels, CErelated measuring instruments need to be used.…”

Section: Theoretical Background 21 Towards Systemic Change Of the Cementioning

confidence: 99%

“…Sustainability 2021, 13, 1518 2 of 15 The emergence of the CE and research and innovation strategies for smart specialisation (S3) has developed in tandem in European regions over the last years [5,8]. The S3 concept was introduced as part of the EU's cohesion and innovation policy to ensure the targeted use of European Structural Funds (ESF) and to guide investments in research and innovation by focusing on the fields with the most competitive advantage and future potential [8,9].…”

Section: Introductionmentioning

confidence: 99%

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Adapting a Circular Economy in Regional Strategies of the European Union

2021

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The transition towards a sustainable circular economy (CE) model is seen as a solution to keep the consumption of the earth’s resources within planetary boundaries. In the regional context, the CE is promoted through various policy actions, one being the smart specialisation concept. This paper provides a novel approach to examining the spatial adaption of a CE through a conceptual framework of research and innovation strategies for smart specialisation (S3) in Europe. This interdisciplinary research presents a multi-country comparison of S3 implementation in Europe in 12 regions that have defined the CE as a priority area. The data consist of interviews with representatives of organisations responsible for the regional S3 process. The findings indicate that a political demand exists for proceeding further with the construction of transformative activities involving the CE, but the models and stages of implementation vary. In addition, most regions still struggle with building specific monitoring and evaluation measures and mechanisms for the CE. Despite these challenges, promoting the CE as a strategic priority through the S3 process has, at least in some regions, helped define the CE targets and actions by focusing on existing regional assets and future potential.

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Section: Theoretical Background 21 Towards Systemic Change Of the Cementioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Adapting a Circular Economy in Regional Strategies of the European Union

2021

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“…A circular supply chain involves the reduction of raw materials by providing substitutes that are long-lasting, upgradable, made with renewable energy sources (RES), recyclable, and upcyclable (Maranesi & De Giovanni, 2020). Upcycle of materials means that the materials should not lose their quality after the recycling processes.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Upcycle of materials means that the materials should not lose their quality after the recycling processes. Whereas Maranesi and Giovanni (2020) were not against low-value recycling (down-cycle) Kopnina (2018) argues that based on the cradle-to-cradle approach downcycle should be avoided. Authors view on the circular supply chain is heavily impacted on the theories related to the circular economy supply chain.…”

Section: Literature Reviewmentioning

confidence: 99%

Circular Supply Chain: Literature Review and Theoretical Framework

Radavičius

Tvaronavičienė

2021

International Scientific Conference „Contemporary Issues in Business, Management and Economics Engineering"

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Purpose – to review literature about circular supply chain (CSC) theories, methods, frameworks, and appli-cations in industries. For organizations to incorporate circular economy (CE) principles in their supply chain frame-work are required to address the main circular processes. Previous attempts of frameworks aim at the comprehensive approaches or too theoretical for organizations to use them. The objective is to propose a theoretical framework that allows organizations to prioritize main circular processes in order to start improving or introducing new circular pro-cesses in the supply chain. Research methodology – the methodology of the article consists of a literature review and information synthesis for the formulation of the theoretical framework. Web of Science database was used for literature review with the key words of “circular economy supply chain”. Findings – formulated theoretical CSC framework contributes to the CSC research field with a more organization-ori-entated approach. Research limitations – the proposed framework is limited through only theoretical propositions and is more limited in its scope compared to other researchers. Practical implications – organizations in the supply chain such as manufacturers can understand through a framework main processes required for CSC. Originality/Value – compared to other researchers this work emphasizes and proposes CSC development from an organizational perspective rather than from a holistic approach.

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“…Деякі автори виокремлюють промисловий симбіоз як ще один вид циркулярних бізнесмоделей. Він являє собою міжгалузеву співпрацю, в межах якої ресурси циркулюють з однієї галузі в іншу, отримуючи повторне використання за іншим призначенням [8].…”

Section: аналіз останніх досліджень та публікаційunclassified

Circular economy as a part of the organizational corporate strategy

Zlotnik¹

2021

SMEU

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In today’s environment, organizations need new corporate strategies and models to protect profitability and competitiveness, as well as the heritage of natural resources. A circular economy is a model of production and consumption in which all resources and products are reused in the economic cycle, which can significantly reduce waste generation and create additional economic benefits for business. This is especially important in the context of the recovery from the economic crisis caused by the COVID-19 pandemic. Implemented quarantine restrictions have revealed how sensitive to global risks and inflexible the linear economic system is. The purpose of this study is to identify and analyze ways to implement circular economy models in the corporate strategy of the organization. The objectives of the article are to study the latest publications on the definition of circular economy, corporate strategy and their relationship, description of the strategic planning process taking into account the models of circular economy, identification of basic business models of circular economy, analysis of examples of implementation of circular models conclusions. To achieve the goal of the study, the authors’ different approaches to the interpretation of the concept of “corporate strategy” and its formation within the circular economy were analyzed, the process of strategic planning was highlighted and the main types of values created by the circular economy were identified. The key circular business models and their relationship with the corporate strategy of the organization are highlighted. The main part of the article analyzes examples of implementation of the concept of circular economy in the corporate strategies of four selected Italian companies in various industries. A comparative description of the roles of the circular economy in the corporate strategy of each company and the benefits gained in the process of its implementation was carried out. Conclusions were drawn on the importance of implementing the ideas of the circular economy at the stage of forming the strategy of the enterprise to achieve economic, environmental and social benefits.

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Modern Circular Economy: Corporate Strategy, Supply Chain, and Industrial Symbiosis

Cited by 78 publications

References 63 publications

Adapting a Circular Economy in Regional Strategies of the European Union

Adapting a Circular Economy in Regional Strategies of the European Union

Circular Supply Chain: Literature Review and Theoretical Framework

Circular economy as a part of the organizational corporate strategy

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