Industry 4.0 as an enabler in transitioning to circular business models

(Dette seminaret vil bli holdt på engelsk, og teksten er derfor på engelsk i denne presentasjonen.) 

Meet Agnes Toth-Peter, Queensland University of Technology, AUS 

The current planetary crisis and the perceived urgency necessitates more sustainable production and con[1]sumption patterns. Businesses, particularly the multinationals, play a key role in transitioning to a circular economy, which provides a promising approach to achieving the UN Sustainable Development Goals. Industry 4.0 technologies can theoretically support this transition and enable circular economy through, for example, data-driven and smart business processes. However, merging these new technologies with a circular economy is not a straightforward and well-established process and it fundamentally changes the business value chain.

Therefore, this paper provides a systematic overview to help better understand the transition process to circular business models and the enabling role of industry 4.0. Merging these concepts underlines that many factors are interrelated and should be investigated in a holistic way instead of siloes. The findings imply that changes transcend business boundaries, including new value chain characteristics and operation models and indicate the interconnected nature of certain factors along the product lifecycle, including service-based models, circular design, reverse flows, consumers and users, and collaborations. This paper proposes a conceptual transition  framework to address how new circular business models can integrate digitally adaptive transformations and proposals for future research are reflected upon.

About the seminars

Professor Johan Kask is responsible for the digital seminar series which starts on 19 January, and runs every second Thursday from 13.00 - 15.00. For the spring semester, 8-10 seminars are planned.

Would you like to participate in the CREDS webinar series in the spring?

Sign up and we will send you an invitation to each individual seminar a week before they are held.

Om CREDS digitale seminarrekke

Professor Johan Kask er ansvarlig for den digitale seminarrekken som starter 19. januar, og går annenhver torsdag fra kl 13.00 – 15.00.  For vårsemesteret er det planlagt 8-10 seminarer.

Les mer om seminarene.

Har du lyst å delta på CREDS webinarrekke til våren?

Meld deg på og vi sender deg invitasjon til hvert enkelt seminar en uke før de arrangeres. 

Kontaktinformasjon

Johan Kask

Professor

E-post

johan.kask@inn.no

Telefon

+47 62 43 01 82