Bio: Teuvo Uusitalo is an academic researcher from VTT Technical Research Centre of Finland. The author has contributed to research in topics: Asset management & Sustainability. The author has an hindex of 6, co-authored 34 publications receiving 235 citations.
TL;DR: In this article, the authors identified challenges related to adopting novel business models, data collection and management, collaboration and competence requirements, and virtualization of products and processes, collaboration with stakeholders and utilising digitalization were highlighted to be major opportunities in adopting CE-based business models.
TL;DR: In this article, the authors investigated the development of heavy duty electric battery vehicles through analyzing research papers and patents and identified emerging technology areas by using a generative probabilistic model, Latent Dirichlet Allocation (LDA).
Abstract: This paper investigates the development of heavy duty electric battery vehicles through analysing research papers and patents and identifies emerging technology areas by using a generative probabilistic model, Latent Dirichlet Allocation (LDA). The focus of the analysis is on literature and patents published since 2010 up to date, summing up altogether more than 25 000 references. We divide the references into eight topics: operating an electric vehicle, its control, motor operations, thermal management, battery module, battery technologies, electric vehicle (EV) infrastructure and charging EV. Because battery technologies are of strategic importance in technological competition for companies and relate to the areal raw material base, we take a more detailed look at this field. The results from publication analysis are presented for China, Europe, Japan and USA. The distribution of raw materials required for heavy duty vehicles shows interesting correlations with the national development strategies. China holds reserves and/or mine production for all key raw materials categories (battery, magnet and electric cabling) needed in heavy duty electric vehicles. In addition to having an extensive raw materials base, China has protected intellectual property rights in many areas thus defending the raw materials also by controlling the access to the technologies. USA has some raw material reserves and/or production among all three raw material categories also, but their global contribution is significantly lower. Japan, with very narrow natural resource base, has very limited patenting or scientific publishing in any of the studied sub-areas of heavy duty electric vehicle development.
TL;DR: In this article, the authors explore the required changes, outline business potential and envisage the key steps that a networked manufacturing industry needs to take to reach more sustainably performing manufacturing in the future.
Abstract: Purpose – The purpose of this study is to explore the required changes, outline business potential and envisage the key steps that a networked manufacturing industry needs to take to reach more sustainably performing manufacturing in the future. Design/methodology/approach – The paper utilises a visionary road-mapping approach to study the required changes and the business potential related to sustainable development in the manufacturing industry. Findings – The results were summarised in three sub-roadmaps empowerment of stakeholders, increase efficiency and creation of new performance criteria. On the basis of the summary of the sub-roadmaps, the framework was configured to describe the opportunities and challenges of sustainable business development in the European manufacturing industry. Research limitations/implications – A clear implication of this study is that a more system-oriented approach, new models for collaboration between network actors and transparently shared network-level KPIs are requir...
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TL;DR: In this paper, a natural resource-based view of the firm is proposed, which is composed of three interconnected strategies: pollution prevention, product stewardship, and sustainable development, and each of these strategies are advanced for each of them regarding key resource requirements and their contributions to sustained competitive advantage.
Abstract: Historically, management theory has ignored the constraints imposed by the biophysical (natural) environment. Building upon resource-based theory, this article attempts to fill this void by proposing a natural-resource-based view of the firm—a theory of competitive advantage based upon the firm's relationship to the natural environment. It is composed of three interconnected strategies: pollution prevention, product stewardship, and sustainable development. Propositions are advanced for each of these strategies regarding key resource requirements and their contributions to sustained competitive advantage.
University of Warwick1, University of Nottingham Malaysia Campus2, London South Bank University3, Al-Hikmah University4, National University of Malaysia5, University of Nottingham6, University of Kent7, Kyushu University8, American University of Sharjah9, Birkbeck, University of London10, University of Sheffield11
TL;DR: In this paper, the authors present a critical review of negative and positive impacts of the pandemic and proffers perspectives on how it can be leveraged to steer towards a better, more resilient low carbon economy.
Abstract: The World Health Organization declared COVID-19 a global pandemic on the 11th of March 2020, but the world is still reeling from its aftermath. Originating from China, cases quickly spread across the globe, prompting the implementation of stringent measures by world governments in efforts to isolate cases and limit the transmission rate of the virus. These measures have however shattered the core sustaining pillars of the modern world economies as global trade and cooperation succumbed to nationalist focus and competition for scarce supplies. Against this backdrop, this paper presents a critical review of the catalogue of negative and positive impacts of the pandemic and proffers perspectives on how it can be leveraged to steer towards a better, more resilient low-carbon economy. The paper diagnosed the danger of relying on pandemic-driven benefits to achieving sustainable development goals and emphasizes a need for a decisive, fundamental structural change to the dynamics of how we live. It argues for a rethink of the present global economic growth model, shaped by a linear economy system and sustained by profiteering and energy-gulping manufacturing processes, in favour of a more sustainable model recalibrated on circular economy (CE) framework. Building on evidence in support of CE as a vehicle for balancing the complex equation of accomplishing profit with minimal environmental harms, the paper outlines concrete sector-specific recommendations on CE-related solutions as a catalyst for the global economic growth and development in a resilient post-COVID-19 world.
TL;DR: An innovative framework both highlighting the links between I4.0 and CE and unveiling future research fields has been developed, and results show as it is possible to enhance a set of different relations.
Abstract: Industry 4.0 (I4.0) and Circular Economy (CE) are undoubtedly two of the most debated topics of the last decades. Progressively, they gained the interest of policymakers, practitioners and scholars...
TL;DR: In this article, the authors present a framework for sustainable circular business model innovation by adding important perspectives: recognizing trends and drivers at the ecosystem level; understanding value to partners and stakeholders within a business; and evaluating the impact of sustainability and circularity.
Abstract: The circular economy concept is a novel economic model aiming to foster sustainable economic growth, boost global competitiveness, and generate new jobs. In order to make the circular economy mainstream, radical and systemic innovation is needed. Currently, a majority of the business modelling tools and methods lack at least some of the identified and needed elements for innovating business models in a circular economy. In this article, we build a framework for sustainable circular business model innovation by adding important perspectives: recognizing trends and drivers at the ecosystem level; understanding value to partners and stakeholders within a business; and evaluating the impact of sustainability and circularity. We present the results of a case study with a startup company, which was designed to test the framework and provide a concrete example of its usage and future development needs. Sustainability is not a luxury; it is a basic human right.
TL;DR: A theory- and practice-based review is conducted, resulting in the Smart CE framework that supports translating the circular strategies central to the goals of manufacturing companies in contributing the United Nation’s 12th Sustainable Development Goal.