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Longer Lifetime For Products, Product Suicide Code And Sustainable Development

Author

Listed:
  • Ailinca Alina Georgeta

    (3rd degree researcher, Centre for Financial and Monetary Research "Victor Slavescu", NIER, Romanian Academy)

Abstract

Extending the product life cycle can be one of the viable solutions for implementing sustainable development and circular economy. However, there is evidence of some consumerist approach to product development and promotion. From the intrinsic quality and design, to the packaging, the consumer cannot extract all the benefits that the products can offer. These modalities of producers and distributors are extremely negative on the environment: more valuable raw materials are consumed, more garbage is produced and more harmful substances are generated. Thus, climate protection is contrary to the desire of any producer: a higher profit as easily obtained. Thus, the article comes to highlight a number of solutions both for the benefit of the environment and the consumer as well as for the producers.

Suggested Citation

  • Ailinca Alina Georgeta, 2019. "Longer Lifetime For Products, Product Suicide Code And Sustainable Development," Management Strategies Journal, Constantin Brancoveanu University, vol. 46(4), pages 203-209.
    • Handle: RePEc:brc:journl:v:46:y:2019:i:4:p:203-209
    as

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    References listed on IDEAS

    as
    1. Raymond Vernon, 1966. "International Investment and International Trade in the Product Cycle," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 80(2), pages 190-207.
    2. Wärneryd, Karl-Erik, 2008. "The psychological underpinnings of economics: Economic psychology according to Gabriel Tarde," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(5), pages 1685-1702, October.
    3. Cox, Jayne & Griffith, Sarah & Giorgi, Sara & King, Geoff, 2013. "Consumer understanding of product lifetimes," Resources, Conservation & Recycling, Elsevier, vol. 79(C), pages 21-29.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    life-cycle assessment; circular economy; longer lifetime for products; repair and materialrecovery services;
    All these keywords.

    JEL classification:

    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling

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