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Assessing collective firm behavior: comparing industrial symbiosis with possible alternatives for individual companies in Oahu, HI

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  • Marian Chertow
  • Yuko Miyata

Abstract

Are companies better off acting collectively in sharing resources, such that one company's waste becomes another company's feedstock, or is it strategically preferable to act individually to minimize resource flows? Eleven enterprises on Oahu, HI, were found to be exchanging nine different materials, constituting previously undocumented industrial symbiosis collaboration, anchored by a coal‐fired power plant in the Campbell Industrial Park. The environmental and economic performance of eight companies exchanging six of these materials is assessed based on price and quantity data collected during interviews with the participants. The largest environmental benefits were found to be reduced landfilling and conservation of primary materials, including 40 million gallons of fresh water and approximately 17 800 tons of coal annually. The research finds that symbiotic solutions, when made visible, are often preferable, especially on an island. Indeed, company managers who fail to consider symbiotic solutions for resource issues risk overlooking the most effective strategic options. Copyright © 2010 John Wiley & Sons, Ltd and ERP Environment.

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  • Marian Chertow & Yuko Miyata, 2011. "Assessing collective firm behavior: comparing industrial symbiosis with possible alternatives for individual companies in Oahu, HI," Business Strategy and the Environment, Wiley Blackwell, vol. 20(4), pages 266-280, May.
    • Handle: RePEc:bla:bstrat:v:20:y:2011:i:4:p:266-280
    DOI: 10.1002/bse.694
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    References listed on IDEAS

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    1. Dick van Beers & Albena Bossilkov & Glen Corder & Rene van Berkel, 2007. "Industrial Symbiosis in the Australian Minerals Industry: The Cases of Kwinana and Gladstone," Journal of Industrial Ecology, Yale University, vol. 11(1), pages 55-72, January.
    2. P. J. Deschenes & Marian Chertow, 2004. "An island approach to industrial ecology: towards sustainability in the island context," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 47(2), pages 201-217.
    3. Marian R. Chertow, 2007. "“Uncovering” Industrial Symbiosis," Journal of Industrial Ecology, Yale University, vol. 11(1), pages 11-30, January.
    4. Noel Brings Jacobsen, 2006. "Industrial Symbiosis in Kalundborg, Denmark: A Quantitative Assessment of Economic and Environmental Aspects," Journal of Industrial Ecology, Yale University, vol. 10(1‐2), pages 239-255, January.
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    1. Marian R. Chertow & Thomas E. Graedel & Koichi S. Kanaoka & Jooyoung Park, 2020. "The Hawaiian Islands: Conceptualizing an Industrial Ecology Holarchic System," Sustainability, MDPI, vol. 12(8), pages 1-17, April.
    2. Juan Diego Henriques & João Azevedo & Rui Dias & Marco Estrela & Cristina Ascenço & Doroteya Vladimirova & Karen Miller, 2022. "Implementing Industrial Symbiosis Incentives: an Applied Assessment Framework for Risk Mitigation," Circular Economy and Sustainability, Springer, vol. 2(2), pages 669-692, June.
    3. Angela Neves & Radu Godina & Susana G. Azevedo & Carina Pimentel & João C.O. Matias, 2019. "The Potential of Industrial Symbiosis: Case Analysis and Main Drivers and Barriers to Its Implementation," Sustainability, MDPI, vol. 11(24), pages 1-68, December.
    4. Yuxi Dai & Steven Day & Donato Masi & Ismail Gölgeci, 2022. "A synthesised framework of eco‐industrial park transformation and stakeholder interaction," Business Strategy and the Environment, Wiley Blackwell, vol. 31(7), pages 3122-3151, November.
    5. John Dinwoodie & Sarah Tuck & Harriet Knowles & James Benhin & Mark Sansom, 2012. "Sustainable Development of Maritime Operations in Ports," Business Strategy and the Environment, Wiley Blackwell, vol. 21(2), pages 111-126, February.
    6. Marian R. Chertow & Koichi S. Kanaoka & Jooyoung Park, 2021. "Tracking the diffusion of industrial symbiosis scholarship using bibliometrics: Comparing across Web of Science, Scopus, and Google Scholar," Journal of Industrial Ecology, Yale University, vol. 25(4), pages 913-931, August.
    7. Angela Neves & Radu Godina & Susana G. Azevedo & João C. O. Matias, 2019. "Current Status, Emerging Challenges, and Future Prospects of Industrial Symbiosis in Portugal," Sustainability, MDPI, vol. 11(19), pages 1-23, October.
    8. Teresa Annunziata Branca & Barbara Fornai & Valentina Colla & Maria Ilaria Pistelli & Eros Luciano Faraci & Filippo Cirilli & Antonius Johannes Schröder, 2021. "Industrial Symbiosis and Energy Efficiency in European Process Industries: A Review," Sustainability, MDPI, vol. 13(16), pages 1-37, August.
    9. Devrim Murat Yazan & Vahid Yazdanpanah & Luca Fraccascia, 2020. "Learning strategic cooperative behavior in industrial symbiosis: A game‐theoretic approach integrated with agent‐based simulation," Business Strategy and the Environment, Wiley Blackwell, vol. 29(5), pages 2078-2091, July.
    10. Juan Henriques & Paulo Ferrão & Rui Castro & João Azevedo, 2021. "Industrial Symbiosis: A Sectoral Analysis on Enablers and Barriers," Sustainability, MDPI, vol. 13(4), pages 1-22, February.
    11. Kokoulina, L. & Ermolaeva, L., 2016. "Championing processes and the emergence of industrial symbiosis: Case of Yandex data center in Finland," Working Papers 6446, Graduate School of Management, St. Petersburg State University.
    12. Haiyan Shan & Junliang Yang & Guo Wei, 2019. "Industrial Symbiosis Systems: Promoting Carbon Emission Reduction Activities," IJERPH, MDPI, vol. 16(7), pages 1-23, March.
    13. Pauline Deutz & Giuseppe Ioppolo, 2015. "From Theory to Practice: Enhancing the Potential Policy Impact of Industrial Ecology," Sustainability, MDPI, vol. 7(2), pages 1-15, February.
    14. Marcelo Royo-Vela & Jonathan Cuevas Lizama, 2022. "Creating Shared Value: Exploration in an Entrepreneurial Ecosystem," Sustainability, MDPI, vol. 14(14), pages 1-23, July.

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