How Do Intelligent Goods Shape Closed-Loop Systems?
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Journal Title
Journal ISSN
Volume Title
A1 Alkuperäisartikkeli tieteellisessä aikakauslehdessä
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Date
2018-05-01
Major/Subject
Mcode
Degree programme
Language
en
Pages
23
20-44
20-44
Series
CALIFORNIA MANAGEMENT REVIEW, Volume Vol. 60(3), issue Special Issue on Circular Economy
Abstract
This article explores how disruptive technologies increase the intelligence of goods and revitalize business models in the circular economy. Applying the industrial ecology perspective, we discuss how intelligent goods can boost the sustainability of industrial ecosystems. North American and European cases highlight how business model innovators utilize goods-related information to develop more competitive closed-loop systems. We identify three archetypes of closed-loop systems – inner circles, decentralized systems, and open systems – and delineate how they leverage information resources for collaboration. This study advances the understanding of closed-loop systems in the circular economy, which is more dependent than ever on digital platforms.Description
Keywords
circular economy, environmental protection, green manufacturing
Other note
Citation
Rajala, R, Hakanen, E, Mattila, J, Seppälä, T & Westerlund, M 2018, ' How Do Intelligent Goods Shape Closed-Loop Systems? ', California Management Review, vol. 60, no. 3, pp. 20-44 . https://doi.org/10.1177/0008125618759685
