IDEAS home Printed from https://ideas.repec.org/a/ibn/ijbmjn/v18y2023i4p127.html
   My bibliography  Save this article

A Hazardous Materials Treatment Business Modelling in the Industry 4.0 Perspective

Author

Listed:
  • Alessandra Stefanoni
  • Pavel Malyzhenkov
  • Maurizio Masi
  • Enrico Maria Mosconi
  • Fabrizio Rossi

Abstract

The today’s world is marked by a massive diffusion of Industry 4.0 concept and, therefore, the quick change of business models implemented in this new scenario. In the systems of circular economy, designed to regenerate themselves, the products maintain their value added for a long period of time producing no waste. After a product’s life cycle is over, the resources remain inside the economic system, and they can be reused for production goals creating new value. This paper develops a proposal aimed to understand the systemic capacity in triggering a closed loop circle for hazardous wastes also in the light of the potentialities offered by the achievements of Industry 4.0 through an industrial system of "glass ceramization" and the realization of tiles of inert material used in the market of public decoration or construction. In such a way, industrial waste management systems find a lever in driving force of the economy and innovation. This paper aims to understand how the Industry 4.0 contributes valorizes hazardous waste through the process of glass ceramization.

Suggested Citation

  • Alessandra Stefanoni & Pavel Malyzhenkov & Maurizio Masi & Enrico Maria Mosconi & Fabrizio Rossi, 2023. "A Hazardous Materials Treatment Business Modelling in the Industry 4.0 Perspective," International Journal of Business and Management, Canadian Center of Science and Education, vol. 18(4), pages 127-127, August.
    • Handle: RePEc:ibn:ijbmjn:v:18:y:2023:i:4:p:127
    as

    Download full text from publisher

    File URL: https://ccsenet.org/journal/index.php/ijbm/article/download/0/0/48877/52674
    Download Restriction: no
    File URL: https://ccsenet.org/journal/index.php/ijbm/article/view/0/48877
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Millar, Neal & McLaughlin, Eoin & Börger, Tobias, 2019. "The Circular Economy: Swings and Roundabouts?," Ecological Economics, Elsevier, vol. 158(C), pages 11-19.
    2. Andrea Colantoni & Rodolfo Picchio & Alvaro Marucci & Elena Di Mattia & Valerio Cristofori & Fabio Recanatesi & Mauro Villarini & Danilo Monarca & Massimo Cecchini, 2020. "WP3—Innovation in Agriculture and Forestry Sector for Energetic Sustainability," Energies, MDPI, vol. 13(22), pages 1-7, November.
    3. Korhonen, Jouni & Honkasalo, Antero & Seppälä, Jyri, 2018. "Circular Economy: The Concept and its Limitations," Ecological Economics, Elsevier, vol. 143(C), pages 37-46.
    4. Domenech, Teresa & Bahn-Walkowiak, Bettina, 2019. "Transition Towards a Resource Efficient Circular Economy in Europe: Policy Lessons From the EU and the Member States," Ecological Economics, Elsevier, vol. 155(C), pages 7-19.
    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. Sina Leipold & Anna Petit‐Boix & Anran Luo & Hanna Helander & Machteld Simoens & Weslynne S. Ashton & Callie W. Babbitt & Alba Bala & Catharina R. Bening & Morten Birkved & Fenna Blomsma & Casper Boks, 2023. "Lessons, narratives, and research directions for a sustainable circular economy," Journal of Industrial Ecology, Yale University, vol. 27(1), pages 6-18, February.
    2. 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.
    3. Garrido-Prada, Pablo & Lenihan, Helena & Doran, Justin & Rammer, Christian & Perez-Alaniz, Mauricio, 2021. "Driving the circular economy through public environmental and energy R&D: Evidence from SMEs in the European Union," Ecological Economics, Elsevier, vol. 182(C).
    4. Bianchi, Marco & Cordella, Mauro, 2023. "Does circular economy mitigate the extraction of natural resources? Empirical evidence based on analysis of 28 European economies over the past decade," Ecological Economics, Elsevier, vol. 203(C).
    5. Bruno Michel Roman Pais Seles & Janaina Mascarenhas & Ana Beatriz Lopes de Sousa Jabbour & Adriana Hoffman Trevisan, 2022. "Smoothing the circular economy transition: The role of resources and capabilities enablers," Business Strategy and the Environment, Wiley Blackwell, vol. 31(4), pages 1814-1837, May.
    6. Monia Niero & Charlotte L. Jensen & Chiara Farné Fratini & Jens Dorland & Michael S. Jørgensen & Susse Georg, 2021. "Is life cycle assessment enough to address unintended side effects from Circular Economy initiatives?," Journal of Industrial Ecology, Yale University, vol. 25(5), pages 1111-1120, October.
    7. D. D’Amato, 2021. "Sustainability Narratives as Transformative Solution Pathways: Zooming in on the Circular Economy," Circular Economy and Sustainability, Springer, vol. 1(1), pages 231-242, June.
    8. Baoting Peng & Xin Shen, 2024. "Does Environmental Regulation Affect Circular Economy Performance? Evidence from China," Sustainability, MDPI, vol. 16(11), pages 1-19, May.
    9. Claudia Marcela Betancourt Morales & Jhon Wilder Zartha Sossa, 2020. "Circular economy in Latin America: A systematic literature review," Business Strategy and the Environment, Wiley Blackwell, vol. 29(6), pages 2479-2497, September.
    10. J. Brusselaers & J. Gillabel, 2024. "How Circular Is the European Policy Landscape?," Circular Economy and Sustainability, Springer, vol. 4(2), pages 1559-1585, June.
    11. Abdulkarim Hasan Rashed & Afzal Shah, 2021. "The role of private sector in the implementation of sustainable development goals," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(3), pages 2931-2948, March.
    12. Magdalena Muradin & Zenon Foltynowicz, 2019. "The Circular Economy in the Standardized Management System," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 21(S13), pages 871-871, November.
    13. Andrea Molocchi, 2021. "Circular Economy and Environmental Sustainability: A Policy Coherence Analysis of Current Italian Subsidies," Sustainability, MDPI, vol. 13(15), pages 1-38, July.
    14. Andrea Cecchin & Roberta Salomone & Pauline Deutz & Andrea Raggi & Laura Cutaia, 2021. "What Is in a Name? The Rising Star of the Circular Economy as a Resource-Related Concept for Sustainable Development," Circular Economy and Sustainability, Springer, vol. 1(1), pages 83-97, June.
    15. Chembessi Chedrak & Gohoungodji Paulin & Juste Rajaonson, 2023. "“A fine wine, better with age”: Circular economy historical roots and influential publications: A bibliometric analysis using Reference Publication Year Spectroscopy (RPYS)," Journal of Industrial Ecology, Yale University, vol. 27(6), pages 1593-1612, December.
    16. Massimiliano Borrello & Stefano Pascucci & Luigi Cembalo, 2020. "Three Propositions to Unify Circular Economy Research: A Review," Sustainability, MDPI, vol. 12(10), pages 1-22, May.
    17. Magnus Sparrevik & Luitzen Boer & Ottar Michelsen & Christofer Skaar & Haley Knudson & Annik Magerholm Fet, 2021. "Circular economy in the construction sector: advancing environmental performance through systemic and holistic thinking," Environment Systems and Decisions, Springer, vol. 41(3), pages 392-400, September.
    18. J. Rincón-Moreno & M. Ormazábal & C. Jaca, 2022. "Stakeholder Perspectives in Transitioning to a Local Circular Economy: a Case Study in Spain," Circular Economy and Sustainability, Springer, vol. 2(2), pages 693-711, June.
    19. Alejandro Padilla-Rivera & Sara Russo-Garrido & Nicolas Merveille, 2020. "Addressing the Social Aspects of a Circular Economy: A Systematic Literature Review," Sustainability, MDPI, vol. 12(19), pages 1-17, September.
    20. Luo, Anran & Rodríguez, Fabricio & Leipold, Sina, 2020. "Explaining the political gridlock behind international Circular Economy: Chinese and European perspectives on the Waste Ban," SocArXiv uyw5g, Center for Open Science.

    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    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:ibn:ijbmjn:v:18:y:2023:i:4:p:127. 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: Canadian Center of Science and Education (email available below). General contact details of provider: https://edirc.repec.org/data/cepflch.html .

    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.