IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v14y2022i7p4223-d785712.html
   My bibliography  Save this article

Analysis of the Development of Industrial Symbiosis in Emerging and Frontier Market Countries: Barriers and Drivers

Author

Listed:
  • Efrain Boom-Cárcamo

    (Department of Industrial Engineering, Universidad del Norte, Km 5 Vía Puerto Colombia, Barranquilla 081007, Colombia
    Faculty of Basic and Applied Sciences, Universidad de La Guajira, Km 5 Vía Maicao, Riohacha 440007, Colombia)

  • Rita Peñabaena-Niebles

    (Department of Industrial Engineering, Universidad del Norte, Km 5 Vía Puerto Colombia, Barranquilla 081007, Colombia)

Abstract

Industrial symbiosis (IS) allows the use of the resources of a productive chain, based on collaboration between companies, finding ways to use the waste of one as inputs or raw materials for the other entity. IS seeks to generate environmental sustainability, maximize resources, and generate social, environmental, and economic benefits based on the physical exchanges of waste, residues, and materials, which generate various advantages for companies and environmental benefits for society. Over the years, research has been conducted worldwide on the implementation of IS in business settings and case studies related to IS in countries with strong economies; however, no papers mapping studies on IS that are focused on emerging and frontier market countries have been identified, and academic literature on research in these countries is also scarce. In this research, an in-depth review of the literature on IS cases in emerging and frontier market countries was conducted to provide future researchers with information on the similarities, weaknesses, strengths, and elements to consider in addressing the topic and closing research gaps in the area. In addition, a mapping was made of the evolution of studies on IS according to country, economic activity, distribution by journal, year of publication, methods used, barriers and drivers in the case studies, and the importance of this topic in the current academic context. In Asian and developing countries, the integration of companies and economic activities takes place in industrial parks, and they have legislation and government regulations that support IS. On the other hand, in the United States and Africa, integrating various sources such as energy, water, coal, and waste in industrial environments is at an early stage of development, and opportunities are being identified to promote IS between companies. This research interests a broad audience, including investors, regulators, policymakers, and researchers interested in fostering IS in emerging and frontier market countries as a mechanism for industrial and economic development.

Suggested Citation

  • Efrain Boom-Cárcamo & Rita Peñabaena-Niebles, 2022. "Analysis of the Development of Industrial Symbiosis in Emerging and Frontier Market Countries: Barriers and Drivers," Sustainability, MDPI, vol. 14(7), pages 1-32, April.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:7:p:4223-:d:785712
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/14/7/4223/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/14/7/4223/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Agnieszka Czaplicka-Kotas & Joanna Kulczycka & Natalia Iwaszczuk, 2020. "Energy Clusters as a New Urban Symbiosis Concept for Increasing Renewable Energy Production—A Case Study of Zakopane City," Sustainability, MDPI, vol. 12(14), pages 1-15, July.
    2. Jooyoung Park & Juanita Duque-Hernández & Nohora Díaz-Posada, 2018. "Facilitating Business Collaborations for Industrial Symbiosis: The Pilot Experience of the Sustainable Industrial Network Program in Colombia," Sustainability, MDPI, vol. 10(10), pages 1-17, October.
    3. Gupta, Dipti & Ghersi, Frédéric & Vishwanathan, Saritha S. & Garg, Amit, 2019. "Achieving sustainable development in India along low carbon pathways: Macroeconomic assessment," World Development, Elsevier, vol. 123(C), pages 1-1.
    4. Yong, Wen Ni & Liew, Peng Yen & Woon, Kok Sin & Wan Alwi, Sharifah Rafidah & Klemeš, Jiří Jaromír, 2021. "A pinch-based multi-energy targeting framework for combined chilling heating power microgrid of urban-industrial symbiosis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 150(C).
    5. Richard Baldwin & Javier Lopez-Gonzalez, 2015. "Supply-chain Trade: A Portrait of Global Patterns and Several Testable Hypotheses," The World Economy, Wiley Blackwell, vol. 38(11), pages 1682-1721, November.
    6. Liudmila Kokoulina & Liubov Ermolaeva & Samuli Patala & Paavo Ritala, 2019. "Championing processes and the emergence of industrial symbiosis," Regional Studies, Taylor & Francis Journals, vol. 53(4), pages 528-539, April.
    7. Jérôme Stucki & Alessandro Flammini & Dick van Beers & Tran Thanh Phuong & Nguyen Tram Anh & Tran Duy Dong & Vu Quoc Huy & Vuong Thi Minh Hieu, 2019. "Eco-Industrial Park (EIP) Development in Viet Nam: Results and Key Insights from UNIDO’s EIP Project (2014–2019)," Sustainability, MDPI, vol. 11(17), pages 1-23, August.
    8. Emilia Faria & Armando Caldeira-Pires & Cristiane Barreto, 2021. "Social, Economic, and Institutional Configurations of the Industrial Symbiosis Process: A Comparative Analysis of the Literature and a Proposed Theoretical and Analytical Framework," Sustainability, MDPI, vol. 13(13), pages 1-25, June.
    9. Suzanna ElMassah, 2018. "Industrial symbiosis within eco‐industrial parks: Sustainable development for Borg El‐Arab in Egypt," Business Strategy and the Environment, Wiley Blackwell, vol. 27(7), pages 884-892, November.
    10. Cagliesi, Gabriella & Guidi, Francesco, 2021. "A three-tiered nested analytical approach to financial integration: The case of emerging and frontier equity markets," International Review of Financial Analysis, Elsevier, vol. 74(C).
    11. Bain, Ariana & Shenoy, Megha & Ashton, Weslynne & Chertow, Marian, 2010. "Industrial symbiosis and waste recovery in an Indian industrial area," Resources, Conservation & Recycling, Elsevier, vol. 54(12), pages 1278-1287.
    12. D. Rachel Lombardi & Peter Laybourn, 2012. "Redefining Industrial Symbiosis," Journal of Industrial Ecology, Yale University, vol. 16(1), pages 28-37, February.
    13. Liu, Zhe & Adams, Michelle & Cote, Raymond P. & Geng, Yong & Chen, Qinghua & Liu, Weili & Sun, Lu & Yu, Xiaoman, 2017. "Comprehensive development of industrial symbiosis for the response of greenhouse gases emission mitigation: Challenges and opportunities in China," Energy Policy, Elsevier, vol. 102(C), pages 88-95.
    14. Dong, Liang & Liang, Hanwei & Zhang, Liguo & Liu, Zhaowen & Gao, Zhiqiu & Hu, Mingming, 2017. "Highlighting regional eco-industrial development: Life cycle benefits of an urban industrial symbiosis and implications in China," Ecological Modelling, Elsevier, vol. 361(C), pages 164-176.
    15. Sun, Lu & Fujii, Minoru & Li, Zhaoling & Dong, Huijuan & Geng, Yong & Liu, Zhe & Fujita, Tsuyoshi & Yu, Xiaoman & Zhang, Yuepeng, 2020. "Energy-saving and carbon emission reduction effect of urban-industrial symbiosis implementation with feasibility analysis in the city," Technological Forecasting and Social Change, Elsevier, vol. 151(C).
    16. Tatyana Tolstykh & Nadezhda Shmeleva & Leyla Gamidullaeva, 2020. "Evaluation of Circular and Integration Potentials of Innovation Ecosystems for Industrial Sustainability," Sustainability, MDPI, vol. 12(11), pages 1-17, June.
    17. Biljana Mileva-Boshkoska & Borut Rončević & Erika Džajić Uršič, 2018. "Modeling and Evaluation of the Possibilities of Forming a Regional Industrial Symbiosis Networks," Social Sciences, MDPI, vol. 7(1), pages 1-26, January.
    18. Kamat, Shweta & Bandyopadhyay, Santanu, 2021. "A hybrid approach for heat integration in water conservation networks through non-isothermal mixing," Energy, Elsevier, vol. 233(C).
    19. Hyeong†Woo Kim & Satoshi Ohnishi & Minoru Fujii & Tsuyoshi Fujita & Hung†Suck Park, 2018. "Evaluation and Allocation of Greenhouse Gas Reductions in Industrial Symbiosis," Journal of Industrial Ecology, Yale University, vol. 22(2), pages 275-287, April.
    20. Guney, Yilmaz & Karpuz, Ahmet & Komba, Gabriel, 2020. "The effects of board structure on corporate performance: Evidence from East African frontier markets," Research in International Business and Finance, Elsevier, vol. 53(C).
    21. Fernanda Paiva Duarte, 2015. "Barriers to Sustainability: An Exploratory Study on Perspectives from Brazilian Organizations," Sustainable Development, John Wiley & Sons, Ltd., vol. 23(6), pages 425-434, December.
    22. Ashraf, Badar Nadeem & Qian, Ningyu & Shen, Yinjie (Victor), 2021. "The impact of trade and financial openness on bank loan pricing: Evidence from emerging economies," Emerging Markets Review, Elsevier, vol. 47(C).
    23. Chourou, Lamia & Grira, Jocelyn & Saadi, Samir, 2021. "Does empathy matter in corporate social responsibility? Evidence from emerging markets," Emerging Markets Review, Elsevier, vol. 46(C).
    24. Vu, Khuong M., 2018. "Embracing globalization to promote industrialization: Insights from the development of Singapore's petrochemicals industry," China Economic Review, Elsevier, vol. 48(C), pages 170-185.
    25. Larissa A. R. U. Freitas & Alessandra Magrini, 2017. "Waste Management in Industrial Construction: Investigating Contributions from Industrial Ecology," Sustainability, MDPI, vol. 9(7), pages 1-17, July.
    26. Simboli, Alberto & Taddeo, Raffaella & Morgante, Anna, 2015. "The potential of Industrial Ecology in agri-food clusters (AFCs): A case study based on valorisation of auxiliary materials," Ecological Economics, Elsevier, vol. 111(C), pages 65-75.
    27. Tang, Xiaoying & He, Yong & Salling, Melissza, 2021. "Optimal pricing and production strategies for two manufacturers with industrial symbiosis," International Journal of Production Economics, Elsevier, vol. 235(C).
    28. CHEAH, Sarah Lai-Yin & HO, Yuen-Ping & LI, Shiyu, 2020. "How the effect of opportunity discovery on innovation outcome differs between DIY laboratories and public research institutes: The role of industry turbulence and knowledge generation in the case of S," Technological Forecasting and Social Change, Elsevier, vol. 160(C).
    29. Fabiane Florencio de Souza & Mariane Bigarelli Ferreira & Adriana Valélia Saraceni & Leozenir Mendes Betim & Tafael Lucas Pereira & Rodolfo Reinaldo Hermes Petter & Regina Negri Pagani & Luis Mauricio, 2020. "Temporal Comparative Analysis of Industrial Symbiosis in a Business Network: Opportunities of Circular Economy," Sustainability, MDPI, vol. 12(5), pages 1-18, February.
    30. Zhiquan Yeo & Donato Masi & Jonathan Sze Choong Low & Yen Ting Ng & Puay Siew Tan & Stuart Barnes, 2019. "Tools for promoting industrial symbiosis: A systematic review," Journal of Industrial Ecology, Yale University, vol. 23(5), pages 1087-1108, October.
    31. Dong, Liang & Fujita, Tsuyoshi & Zhang, Hui & Dai, Ming & Fujii, Minoru & Ohnishi, Satoshi & Geng, Yong & Liu, Zhu, 2013. "Promoting low-carbon city through industrial symbiosis: A case in China by applying HPIMO model," Energy Policy, Elsevier, vol. 61(C), pages 864-873.
    32. Lucija Ažman Momirski & Barbara Mušič & Boštjan Cotič, 2021. "Urban Strategies Enabling Industrial and Urban Symbiosis: The Case of Slovenia," Sustainability, MDPI, vol. 13(9), pages 1-17, April.
    33. Devrim Murat Yazan & Luca Fraccascia, 2020. "Sustainable operations of industrial symbiosis: an enterprise input-output model integrated by agent-based simulation," International Journal of Production Research, Taylor & Francis Journals, vol. 58(2), pages 392-414, January.
    34. Taddeo, Raffaella & Simboli, Alberto & Morgante, Anna & Erkman, Suren, 2017. "The Development of Industrial Symbiosis in Existing Contexts. Experiences From Three Italian Clusters," Ecological Economics, Elsevier, vol. 139(C), pages 55-67.
    35. Zhang, Hui & Dong, Liang & Li, Huiquan & Fujita, Tsuyoshi & Ohnishi, Satoshi & Tang, Qing, 2013. "Analysis of low-carbon industrial symbiosis technology for carbon mitigation in a Chinese iron/steel industrial park: A case study with carbon flow analysis," Energy Policy, Elsevier, vol. 61(C), pages 1400-1411.
    36. Nicky Gregson & Mike Crang & Farid Uddin Ahamed & Nasreen Akter & Raihana Ferdous & Sadat Foisal & Ray Hudson, 2012. "Territorial Agglomeration and Industrial Symbiosis: Sitakunda-Bhatiary, Bangladesh, as a Secondary Processing Complex," Economic Geography, Taylor & Francis Journals, vol. 88(1), pages 37-58, January.
    37. Marta Negri & Enrico Cagno & Claudia Colicchia & Joseph Sarkis, 2021. "Integrating sustainability and resilience in the supply chain: A systematic literature review and a research agenda," Business Strategy and the Environment, Wiley Blackwell, vol. 30(7), pages 2858-2886, November.
    38. Nathaniel John Maynard & Vaishnav Raj Kanagaraj Subramanian & Chien-Yu Hua & Shih-Fang Lo, 2020. "Industrial Symbiosis in Taiwan: Case Study on Linhai Industrial Park," Sustainability, MDPI, vol. 12(11), pages 1-11, June.
    39. Dong, Liang & Gu, Fumei & Fujita, Tsuyoshi & Hayashi, Yoshitsugu & Gao, Jie, 2014. "Uncovering opportunity of low-carbon city promotion with industrial system innovation: Case study on industrial symbiosis projects in China," Energy Policy, Elsevier, vol. 65(C), pages 388-397.
    40. Joe Miemczyk & Thomas Johnsen & Monica Macquet, 2012. "Sustainable purchasing and supply management: a structured literature review of definitions and measures at the dyad, chain and network levels," Post-Print hal-00858680, HAL.
    41. Singh, Rahul & Chanda, Rupa, 2021. "Technical regulations, intermediate inputs, and performance of firms: Evidence from India," Journal of International Economics, Elsevier, vol. 128(C).
    42. Júlia Wahrlich & Flávio José Simioni, 2019. "Industrial symbiosis in the forestry sector: A case study in southern Brazil," Journal of Industrial Ecology, Yale University, vol. 23(6), pages 1470-1482, December.
    43. Khan, Majid & Lockhart, James & Bathurst, Ralph, 2021. "The institutional analysis of CSR: Learnings from an emerging country," Emerging Markets Review, Elsevier, vol. 46(C).
    44. Fraccascia, Luca & Giannoccaro, Ilaria & Albino, Vito, 2021. "Ecosystem indicators for measuring industrial symbiosis," Ecological Economics, Elsevier, vol. 183(C).
    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. 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.
    2. 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.
    3. Luca Fraccascia & Vahid Yazdanpanah & Guido Capelleveen & Devrim Murat Yazan, 2021. "Energy-based industrial symbiosis: a literature review for circular energy transition," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(4), pages 4791-4825, April.
    4. Emilia Faria & Cristiane Barreto & Armando Caldeira-Pires & Jorge Alfredo Cerqueira Streit & Patricia Guarnieri, 2023. "Brazilian Circular Economy Pilot Project: Integrating Local Stakeholders’ Perception and Social Context in Industrial Symbiosis Analyses," Sustainability, MDPI, vol. 15(4), pages 1-28, February.
    5. Fraccascia, Luca, 2020. "Quantifying the direct network effect for online platforms supporting industrial symbiosis: an agent-based simulation study," Ecological Economics, Elsevier, vol. 170(C).
    6. 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.
    7. Fraccascia, Luca & Giannoccaro, Ilaria & Albino, Vito, 2021. "Ecosystem indicators for measuring industrial symbiosis," Ecological Economics, Elsevier, vol. 183(C).
    8. Xingyun Yan & Lingyu Wang & Mingzhu Fang & Jie Hu, 2022. "How Can Industrial Parks Achieve Carbon Neutrality? Literature Review and Research Prospect Based on the CiteSpace Knowledge Map," Sustainability, MDPI, vol. 15(1), pages 1-29, December.
    9. Yuli Bian & Liang Dong & Zhaowen Liu & Lezhu Zhang, 2020. "A Sectoral Eco-Efficiency Analysis on Urban-Industrial Symbiosis," Sustainability, MDPI, vol. 12(9), pages 1-19, May.
    10. 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.
    11. Hyeong-Woo Kim & Liang Dong & Seok Jung & Hung-Suck Park, 2018. "The Role of the Eco-Industrial Park (EIP) at the National Economy: An Input-Output Analysis on Korea," Sustainability, MDPI, vol. 10(12), pages 1-19, December.
    12. Sun, Lu & Li, Hong & Dong, Liang & Fang, Kai & Ren, Jingzheng & Geng, Yong & Fujii, Minoru & Zhang, Wei & Zhang, Ning & Liu, Zhe, 2017. "Eco-benefits assessment on urban industrial symbiosis based on material flows analysis and emergy evaluation approach: A case of Liuzhou city, China," Resources, Conservation & Recycling, Elsevier, vol. 119(C), pages 78-88.
    13. Anna Rohde-Lütje & Volker Wohlgemuth, 2020. "Recurring Patterns and Blueprints of Industrial Symbioses as Structural Units for an IT Tool," Sustainability, MDPI, vol. 12(19), pages 1-21, October.
    14. Dong, Liang & Liang, Hanwei & Zhang, Liguo & Liu, Zhaowen & Gao, Zhiqiu & Hu, Mingming, 2017. "Highlighting regional eco-industrial development: Life cycle benefits of an urban industrial symbiosis and implications in China," Ecological Modelling, Elsevier, vol. 361(C), pages 164-176.
    15. Wang, Yuanping & Ren, Hong & Dong, Liang & Park, Hung-Suck & Zhang, Yuepeng & Xu, Yanwei, 2019. "Smart solutions shape for sustainable low-carbon future: A review on smart cities and industrial parks in China," Technological Forecasting and Social Change, Elsevier, vol. 144(C), pages 103-117.
    16. Fabiana Liar Agudo & Barbara Stolte Bezerra & José Alcides Gobbo & Luis Alberto Bertolucci Paes, 2022. "Unfolding research themes for industrial symbiosis and underlying theories," Sustainable Development, John Wiley & Sons, Ltd., vol. 30(6), pages 1682-1702, December.
    17. Liu, Zhe & Adams, Michelle & Cote, Raymond P. & Geng, Yong & Chen, Qinghua & Liu, Weili & Sun, Lu & Yu, Xiaoman, 2017. "Comprehensive development of industrial symbiosis for the response of greenhouse gases emission mitigation: Challenges and opportunities in China," Energy Policy, Elsevier, vol. 102(C), pages 88-95.
    18. Jiajia Huan & Ling Han, 2022. "Potential Contribution to Carbon Neutrality Strategy from Industrial Symbiosis: Evidence from a Local Coal-Aluminum-Electricity-Steel Industrial System," Sustainability, MDPI, vol. 14(5), pages 1-14, February.
    19. John Rincón-Moreno & Marta Ormazabal & Maria J. Álvarez & Carmen Jaca, 2020. "Shortcomings of Transforming a Local Circular Economy System through Industrial Symbiosis: A Case Study in Spanish SMEs," Sustainability, MDPI, vol. 12(20), pages 1-18, October.
    20. Yang Liu & Peng Cheng & Li Hu, 2022. "How do justice and top management beliefs matter in industrial symbiosis collaboration: An exploratory study from China," Journal of Industrial Ecology, Yale University, vol. 26(3), pages 891-906, June.

    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:jsusta:v:14:y:2022:i:7:p:4223-:d:785712. 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.