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The Impact of Resource-Based Circular Economic Models in Japan

Author

Listed:
  • Bianca Yamaguchi

    (Nagaoka Review Senior Editor, Japan)

  • Toru Takahashi

    (Bucharest University of Economic Studies, Romania)

  • Cristian Iulian Vlad

    (Bucharest University of Economic Studies, Romania)

  • Hiroaki Kaneko

    (Bucharest University of Economic Studies, Romania)

  • Ana Damaschin

    (Babeș-Bolyai University)

Abstract

This paper illustrates the impact of education and digital technology adoption within the local community in Nagaoka (Japan) while proposing a business model focused on an increase in the creation of social value based on services, as opposed to incumbent models based on increasing the manufacturing and selling of physical products. The authors analyze the supply chains network common to local businesses to help them establish an active exchange of waste and bi-products for a more effective recycling and a more sustainable remanufacturing system. By taking into consideration all 17 of the United Nations’ Global Sustainable Goals (SDGs), this research work individually on the achievement of Goal 12 (Responsible production and consumption) on the one side, to establish the essential steps for a more viable resource-based circular economic model, with an application on manufacturing businesses, from the other hands, to create a sustainable, waste-free, closed-loop supply chain system in rural Japan. The methodological and conceptual-theoretical and practical architecture of this analysis is built to provide insights on the current state of affairs regarding essential resources. The focus is naturally on a centralized system for collecting and analyzing data on the availability of global resources (both raw and recyclable) to help small/medium enterprises and public organizations make more sustainable decisions.

Suggested Citation

  • Bianca Yamaguchi & Toru Takahashi & Cristian Iulian Vlad & Hiroaki Kaneko & Ana Damaschin, 2020. "The Impact of Resource-Based Circular Economic Models in Japan," Romanian Economic Business Review, Romanian-American University, vol. 15(3), pages 1-28, September.
    • Handle: RePEc:rau:journl:v:15:y:2020:i:3:p:1-28
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    File URL: http://www.rebe.rau.ro/RePEc/rau/journl/FA20/REBE-FA20-A1.pdf
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    References listed on IDEAS

    as
    1. Tom Lahti & Joakim Wincent & Vinit Parida, 2018. "A Definition and Theoretical Review of the Circular Economy, Value Creation, and Sustainable Business Models: Where Are We Now and Where Should Research Move in the Future?," Sustainability, MDPI, vol. 10(8), pages 1-19, August.
    2. Sanghoon Ahn, 2002. "Competition, Innovation and Productivity Growth: A Review of Theory and Evidence," OECD Economics Department Working Papers 317, OECD Publishing.
    3. Homi Kharas, 2010. "The Emerging Middle Class in Developing Countries," OECD Development Centre Working Papers 285, OECD Publishing.
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    Cited by:

    1. Marius PROFIROIU & Hideki ISHIDA & Hiroaki KANEKO & Keita SUGIYAMA & George MOISE, 2021. "Process Economy And Service Transformation At Dusk!N In Japan," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 15(1), pages 988-993, November.

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