Applied Sciences · 2020 · 122 citations · 37 references
EngineeringIndustrial EngineeringManufacturing EngineeringCircular EconomyInnovationSustainable ManufacturingCircular Business ModelsCircular Economy InnovationCircular Economy PrinciplesCircular Economy StrategiesDigital InnovationDigital ManufacturingCircular Economy Business Model InnovationCircular Economy In IndustryCircular Economy ModelsSystematic Literature ReviewTransition To Circular Business Models
Smart manufacturing is considered as a new paradigm that makes work smarter and more connected, bringing speed and flexibility through the introduction of digital innovation. Today, digital innovation is closely linked to the “sustainability” of companies. Digital innovation and sustainability are two inseparable principles that are based on the concept of circular economy. Digital innovation enables a circular economy model, promoting the use of solutions like digital platforms, smart devices, and artificial intelligence that help to optimize resources. Thus, the purpose of the research is to present a systematic literature review on what enabling technologies can promote new circular business models. A total of 31 articles were included in the study. Our results showed that realization of the circular economy involved two main changes: (i) managerial changes and (ii) legislative changes. Furthermore, the creation of the circular economy can certainly be facilitated by innovation, especially through the introduction of new technologies and through the introduction of digital innovations.
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Exploring Industry 4.0 technologies to enable circular economy practices in a manufacturing context
Daniel Luiz de Mattos Nascimento, Viviam Alencastro, Osvaldo Luíz Gonçalves Quelhas et al. · Journal of Manufacturing Technology Management · 2018 · 881 citations
Management, Operations Management, Supply Chain Management +17