The Impact of Resource-Based Circular Economic Models in Japan

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...

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Bibliographic Details
Published inRomanian Economic and Business Review Vol. 15; no. 3; pp. 7 - 28
Main Authors Yamaguchi, Bianca, Takahashi, Toru, Vlad, Cristian Iulian, Kaneko, Hiroaki, Damaschin, Ana
Format Journal Article
LanguageEnglish
Published Brasov Romanian-American University 01.10.2020
Romanian-American University, Scientific Research Department
Subjects
Alternative energy sources
By products
Carbon footprint
Chemical elements
Circular economy
Consumption
Cooperation
Digital technology
Economic analysis
Economic growth
Economic models
Education
Landfill
Local businesses
Logistics
Manufacturing
Productivity
Recycling
Remanufacturing
Renewable resources
Society
Supply chains
Technology adoption
Japan
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Summary: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. Keywords: Education, digital technology, circular economy, sustainable decisions, Nagaoka JEL Classification: O13.
ISSN:1842-2497
2344-4843