IDEAS home Printed from https://ideas.repec.org/a/gam/jlogis/v6y2022i1p14-d743712.html
   My bibliography  Save this article

Industry 4.0 and the Circular Economy: Integration Opportunities Generated by Startups

Author

Listed:
  • Tiago H. H. Silva

    (Department of Management, Universidade do Sul de Santa Catarina—Unisul, Palhoça 79624, SC, Brazil)

  • Simone Sehnem

    (Department of Management, Universidade do Sul de Santa Catarina—Unisul, Palhoça 79624, SC, Brazil)

Abstract

Background : The purpose of this study is to analyze the adoption and implementation of technologies related to Industry 4.0 and the integration with circular economy (CE) to minimize the effects of resource scarcity in emergency situations. Method : The study was developed in two stages: The first consists of a systematic review of the literature for analytical categorization of the technologies of Industry 4.0 that can be useful for implementation in the circular economy. In the second step, empirical validation was carried out with 45 foodtech startups from the agribusiness value chain, farm to table, reuse, and waste management and disposal segments. Results : The contributions of the study show that: (i) The business models of startups in the food segment are closely aligned with the assumptions of circular economy. (ii) The technologies of industry 4.0 are supporting the implementation of circular economy in foodtech companies. (iii) Digitization, traceability, software as a service, traceability, digital solutions, and shared platforms occupy the leadership in the interface between CE and industry 4.0. (iv) Partnerships are strategic elements in the creation of innovative ecosystems for the success of foodtech startups. Conclusions : We conclude this paper with a diagnosis about companies involved in the foodtech segment in addition to the proposition of a business and sectorial agenda to consolidate the Industry 4.0 technologies in order to promote circular economy.

Suggested Citation

  • Tiago H. H. Silva & Simone Sehnem, 2022. "Industry 4.0 and the Circular Economy: Integration Opportunities Generated by Startups," Logistics, MDPI, vol. 6(1), pages 1-15, February.
    • Handle: RePEc:gam:jlogis:v:6:y:2022:i:1:p:14-:d:743712
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2305-6290/6/1/14/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2305-6290/6/1/14/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Brown, Courtney, 1994. "Politics and the Environment: Nonlinear Instabilities Dominate," American Political Science Review, Cambridge University Press, vol. 88(2), pages 292-303, June.
    2. Sabina Scarpellini & Jesus Valero‐Gil & José M. Moneva & Michele Andreaus, 2020. "Environmental management capabilities for a “circular eco‐innovation”," Business Strategy and the Environment, Wiley Blackwell, vol. 29(5), pages 1850-1864, July.
    3. Kristoffersen, Eivind & Blomsma, Fenna & Mikalef, Patrick & Li, Jingyue, 2020. "The smart circular economy: A digital-enabled circular strategies framework for manufacturing companies," Journal of Business Research, Elsevier, vol. 120(C), pages 241-261.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Yingqi Wei & Sasa Ding & Ziko Konwar, 2022. "The two faces of FDI in environmental performance: a meta-analysis of empirical evidence in China," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 20(1), pages 65-94, January.
    2. Howard, Mickey & Böhm, Steffen & Eatherley, Dan, 2022. "Systems resilience and SME multilevel challenges: A place-based conceptualization of the circular economy," Journal of Business Research, Elsevier, vol. 145(C), pages 757-768.
    3. Jingrong Tan & Lin Chen, 2022. "Spatial Effect of Digital Economy on Particulate Matter 2.5 in the Process of Smart Cities: Evidence from Prefecture-Level Cities in China," IJERPH, MDPI, vol. 19(21), pages 1-20, November.
    4. Ahmad, Farhan & Bask, Anu & Laari, Sini & Robinson, Craig V., 2023. "Business management perspectives on the circular economy: Present state and future directions," Technological Forecasting and Social Change, Elsevier, vol. 187(C).
    5. Gianmarco Bressanelli & Federico Adrodegari & Daniela C. A. Pigosso & Vinit Parida, 2022. "Towards the Smart Circular Economy Paradigm: A Definition, Conceptualization, and Research Agenda," Sustainability, MDPI, vol. 14(9), pages 1-20, April.
    6. Mayo Fuster Morell & Ricard Espelt & Enric Senabre Hidalgo, 2021. "Data for Sustainable Platform Economy: Connections between Platform Models and Sustainable Development Goals," Data, MDPI, vol. 6(2), pages 1-11, January.
    7. Harkaran Kava & Konstantina Spanaki & Thanos Papadopoulos & Stella Despoudi & Oscar Rodriguez-Espindola & Masoud Fakhimi, 2021. "Data Analytics Diffusion in the UK Renewable Energy Sector: An Innovation Perspective," Post-Print hal-03781046, HAL.
    8. Qinglan Liu & Adriana Hofmann Trevisan & Miying Yang & Janaina Mascarenhas, 2022. "A framework of digital technologies for the circular economy: Digital functions and mechanisms," Business Strategy and the Environment, Wiley Blackwell, vol. 31(5), pages 2171-2192, July.
    9. Gupta, Shivam & Justy, Théo & Kamboj, Shampy & Kumar, Ajay & Kristoffersen, Eivind, 2021. "Big data and firm marketing performance: Findings from knowledge-based view," Technological Forecasting and Social Change, Elsevier, vol. 171(C).
    10. Chhatwani, Malvika & Mishra, Sushanta Kumar & Varma, Arup & Rai, Himanshu, 2022. "Psychological resilience and business survival chances: A study of small firms in the USA during COVID-19," Journal of Business Research, Elsevier, vol. 142(C), pages 277-286.
    11. Mathivathanan, Deepak & Mathiyazhagan, K. & Khorana, Sangeeta & Rana, Nripendra P. & Arora, Bimal, 2022. "Drivers of circular economy for small and medium enterprises: Case study on the Indian state of Tamil Nadu," Journal of Business Research, Elsevier, vol. 149(C), pages 997-1015.
    12. Krishen, Anjala S. & Dwivedi, Yogesh K. & Bindu, N. & Kumar, K. Satheesh, 2021. "A broad overview of interactive digital marketing: A bibliometric network analysis," Journal of Business Research, Elsevier, vol. 131(C), pages 183-195.
    13. Fenna Blomsma & Mike Tennant & Ritsuko Ozaki, 2023. "Making sense of circular economy: Understanding the progression from idea to action," Business Strategy and the Environment, Wiley Blackwell, vol. 32(3), pages 1059-1084, March.
    14. Julia Romano Sanches & Adriana Hofmann Trevisan & Bruno Michel Roman Pais Seles & Camila Gonçalves Castro & Roberta Souza Piao & Henrique Rozenfeld & Janaina Mascarenhas, 2022. "Sustainable Circular Economy Strategies: An Analysis of Brazilian Corporate Sustainability Reporting," Sustainability, MDPI, vol. 14(10), pages 1-26, May.
    15. Claudia Arias & Jhon Mario Quiroga Beltrán & Javier Mauricio Martínez Ariza & Javier Bernardo Cadena Lozano & Miguel Angel Bello Bernal, 2022. "Pro-Circular Consumer Profile: An Approach to Their Identification and Characterization Based on the Components of the Value-Belief-Norm Theory," Sustainability, MDPI, vol. 14(13), pages 1-36, June.
    16. Teresa Riso & Carla Morrone, 2023. "To Align Technological Advancement and Ethical Conduct: An Analysis of the Relationship between Digital Technologies and Sustainable Decision-Making Processes," Sustainability, MDPI, vol. 15(3), pages 1-21, January.
    17. Chauhan, Chetna & Parida, Vinit & Dhir, Amandeep, 2022. "Linking circular economy and digitalisation technologies: A systematic literature review of past achievements and future promises," Technological Forecasting and Social Change, Elsevier, vol. 177(C).
    18. Hana Trollman & Guillermo Garcia-Garcia & Sandeep Jagtap & Frank Trollman, 2022. "Blockchain for Ecologically Embedded Coffee Supply Chains," Logistics, MDPI, vol. 6(3), pages 1-17, June.
    19. Bag, Surajit & Dhamija, Pavitra & Bryde, David J. & Singh, Rajesh Kumar, 2022. "Effect of eco-innovation on green supply chain management, circular economy capability, and performance of small and medium enterprises," Journal of Business Research, Elsevier, vol. 141(C), pages 60-72.
    20. Raysa Geaquinto Rocha & Arminda do Paço & Helena Alves & Pedro Dinis Gaspar, 2023. "The Portuguese Circular Entrepreneurial Ecosystem: Experts Advice on How to Overcome the Challenges," Sustainability, MDPI, vol. 15(5), pages 1-14, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jlogis:v:6:y:2022:i:1:p:14-:d:743712. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.