Implementation Of Business Models Research Articles

(Green) Strategic Orientation, Innovation Capabilities, and (Green) Competitive Advantage in the Coal Mining Industry

Despite its economic importance, the coal mining industry confronts significant environmental challenges. Indonesia prefers coal to renewables because of its lower cost. This study investigates the influence of green strategic orientation in promoting business model innovation and a green competitive advantage in the coal mining industry. The findings indicate that a green strategy orientation enhances green competitive advantage through innovation capability. Environmental and innovation capabilities are critical for successfully implementing business model innovation. This study identifies significant aspects that contribute to green competitive advantage and business model innovation. While the study offers useful insights, it has practical and managerial consequences for business sustainability in the coal mining industry.

Artificial Intelligeence in Construction Industry

Abstract: The construction industry is currently experiencing an increasing skill shortage due to which, many businesses are pressurized. Artificial Intelligence is bringing transformation in construction industry through automation and in finance by implementing business models. Artificial Intelligence is providing novel solutions to the problems faced in construction industry. Artificial Intelligence when implemented in Construction Industry is expected to alter Business Models in logistics, customer relationship management, and support. Artificial Intelligence helps in providing amicable realistic solutions to situations, training, reducing injuries, and costly construction industry. Artificial Intelligence is the science and engineering of making intelligent machines, especially intelligent computer programs. Implementation of artificial intelligence in the construction industry and analysis of existing technologies. Here, the research is done on the applications which are done on Artificial intelligence. The study used fuzzy logic methods and machine learning to mark visual data and analyze it for potential threats and to reduce all possible risks. This technology allows users to explore different construction plans in real time and understand the impact of key building decisions on the various factors especially cost and duration of a project. The study highlights the potential of artificial intelligence and machine learning technology in the construction industry. The implementation of the proposed approaches will improve the efficiency of construction, its safety and quality. The results of the study will be useful in the standardization of construction processes and the processing of data on construction projects.

Strategi Pengembangan Usaha Pada UMKM Dimsum Bandung (Studi Kasus:Mami Dimsum Bandung)

This research is a call to action, aiming to urgently formulate a business development strategy for Mami Dimsum Bandung MSMEs using SWOT analysis and Business Model Canvas (BMC). Given the crucial role of MSMEs in the Indonesian economy, especially in West Java, this research underlines the pressing need to develop appropriate strategies to improve competitiveness. The method used is descriptive qualitative, with primary data collection through interviews and secondary data from related literature. The results show that Mami Dimsum's main strengths lie in product quality and service, while its main weaknesses are limited capital and production capacity. Significant opportunities are found in the increasing demand for fast food products, while threats come from intense competition and regulatory changes. The proposed strategies include improving operational efficiency, strengthening customer relationships, and diversifying distribution channels. Implementing Business Model Canvas provides a thorough strategic overview of the key elements of the business, assisting Mami Dimsum in mapping out measurable and sustainable development steps

Sustainable Business Model Implementation in Polish Enterprises

Sustainable Business Model Implementation in Polish Enterprises

Management control practices for the sustainability transformation in the European construction industry

PurposeWhile research on sustainability reporting in the construction industry has already provided comprehensive findings, the purpose of this paper is to answer the question of how construction companies anchor the topic of sustainability in their strategic and operative management control practices. The implementation of sustainable business models and sustainability strategies requires proper management control instruments or mechanisms that support the transformation process or make it possible in the first place.Design/methodology/approachA qualitative content analysis based on deductive and inductive procedures was conducted. 39 sustainability reports published by the largest construction companies in the EU were examined.FindingsValuable insights are provided by showing which control instruments and mechanisms are used to improve corporate sustainability performance as well as how these are linked systematically. The results show that the focus is on strategic planning, cultural and administrative controls, while short-term targets, which could set out the path to achieving the long-term sustainability goals set, are often not reported. Strategic stakeholder theory and legitimacy theory provide explanations for the use of management control practices identified.Originality/valuePrevious studies often focus on selected single control practices and miss holistic approaches for investigating corporate sustainability in construction companies. Furthermore, theoretical perspectives with instrumental and socio/political views on corporate sustainability help us explain the control practices applied. Moreover, practitioners, standard setters and legislators can use the findings for sustainability management or for developing standards and legislation.

Hierarchical analysis of barriers to circular business models in the recycling industry

ABSTRACT Circular business models in manufacturing, especially in the recycling industry, face many barriers that need to be managed and mitigated for successful business implementation. Therefore, this study aims to analyse the hierarchy of the main barriers to the implementation of circular business models in the recycling industry and evaluate strategies to overcome them. To achieve this goal, we first conducted a systematic literature review on barriers to implementing circular business models. Second, barriers were prioritized through a survey followed by an expert focus group. Building on these steps, we used interpretive structural modeling combined with a ‘matrix of cross-impact multiplications applied to classification’ to identify the hierarchy among barriers and describe their interdependencies. As key findings, 10 barriers were prioritized through a survey to identify the most important barriers for the recycling industry. The hierarchy of these barriers highlights regulation and government incentives as the most important, followed by those related to supply chain collaboration and lack of material flow indicators. Finally, internal barriers appear as high investments and associated risks. Finally, we suggest strategies to overcome these barriers based on their hierarchy. The implications of this study provide a proposal of strategies for implementing circular business models in the recycling industry, derived from the hierarchical correlation among the barriers, and can be applied in different regions through expert opinion assessment.

Incumbents versus circular start-ups in the workwear industry: Organisational and individual drivers and barriers to a circular economy

This article analyses the organisational and individual drivers and barriers to the implementation of circular business models (CBM) by incumbents and start-ups in the workwear industry. It is based on a qualitative study of 15 organisations in the Swedish workwear industry. Most incumbents are found to have either long-life models with hybrid elements, such as repair, or access models, while circular start-ups have a larger variety of CBMs, although the most common is gap exploiter. Internal organisational barriers mostly differ between the two groups; however, external organisational barriers are more significant and common, such as the low price of new workwear, a lack of demand and a lack of supporting policies, for example, public procurement. Several organisational drivers are identified, such as opportunities to deliver customer value, textile and digital innovations and environmental concerns. Drivers and barriers are influenced by both type of CBM and type of company. Individual drivers and barriers, which are often overlooked in literature, are found to be important to CBM implementation.

Circular economy business models as progressive business models: Evidence from circular start‐ups

AbstractThe transition towards the circular economy—viewed as a holistic solution to meet the sustainable development goals—requires the crucial engagement of the corporate sector, and thereby, radically new business models. Whilst academic literature abounds of tools classifying and categorising circular business models, comparatively little is known in terms of how exactly they look like in the corporate context. Drawing on case studies of small, British circular start‐ups, this article illustrates the characteristics of circular business models and their fit with progressive business models, which are conceptualised as serving nature, future generations, and society, while maintaining financial profitability. This article also highlights how circular business models contribute to competitive advantage and the distinctive challenges met in implementation. As a result, this research contributes to the scant academic literature exploring circular business models implementation, particularly within the context of start‐ups and SMEs.

Implementing a circular business model for reusable packaging: Multidisciplinary learnings from reusable pizza packaging

This article explores practical challenges in developing and implementing circular business models in the context of reusable takeaway food packaging from a transdisciplinary perspective. It touches upon the desirability, feasibility, viability, and sustainability dimensions of a reusable pizza packaging circular business model. First, a literature review is conducted to highlight current knowledge and gaps around circular business models for reusable packaging and the key factors addressing the desirability, feasibility, viability, and sustainability. Second, a case study approach is taken for an in-depth exploration of these factors and their effect on the successful implementation of a reusable packaging business model. A real-life pilot is structured and implemented; questionnaire, workshops and semi-structured interviews with consumers and key stakeholders of the novel business model as well as technical laboratory tests of used packaging are used as key data sources in the case study. This study contributes to research and practice with a novel framework for circular business model innovation in the context of reusable packaging highlighting the need to iteratively address packaging as well as system conditions affecting the desirability, feasibility, sustainability, and viability of such ecosystem-based business models. Future research should inherently take a systemic perspective to address interconnections between these four dimensions and explore in which steps and order experimentations should be developed to balance trade-offs between feasibility and desirability while ensuring sustainability and viability of the business model.

Circular Business Model Frameworks: A Review

The circular business model (CBM) concepts are vast, interconnected, and emerging. Research to date has been somewhat fragmented, and there would be value in focusing on the systemic identification of the connectivity of the topics around CBM. Furthermore, the business model innovation (BMI) process and business model implementation were identified as two separate spectra of research that should be seen collectively and added to the literature. This article reviewed 256 articles (solely focusing on “CBM frameworks”) published between 2007 and mid-2022, collected from the Scopus database, and analyzed using the content analysis method to identify the research gap/s. Results showed that under circular business model innovation (CBMI), the innovation process and their associated process modeling, archetypes, tools, experimentation, digitalization, and innovation via the inclusion of circular economy (CE) principles and sustainability in BMI were highlighted. From the CBM adoption/implementation perspectives, business ecosystem, technological innovation, product lifecycle management, CBM value dimensions (e.g., value proposition, value creation, and delivery), organizational capabilities, and dynamics were investigated. Topics around sustainability and circularity principles, strategies and organizational performance, CBM value streams, digitalization, and product-service systems were topical issues of the circular supply chain (CSC). A conceptual framework for gaining circular competencies integrating all elemental issues throughout the CBM development process (e.g., innovation, adoption within CSC) has been progressed. Based on the review, this article defined a circular business model as a business model that fundamentally applies one or more of the principles of CE at various product/service/material lifecycle stages, for which sustainability-focused technological innovation, collaboration among business ecosystem partners, and enhanced dynamic capabilities of any organization are prerequisites. Several research gaps were identified with potential avenues for future research directions, which will be helpful for policymakers, business organizations, and researchers.

A qualitative inquiry into sustainable transitions and business models in Icelandic energy-related companies

In the face of escalating environmental and social crises, the potential for a sustainable transition within the current sociotechnical system has emerged through innovation and alternative technologies. Despite offering diverse perspectives, sustainable transitions remain uncertain in terms of their nature and pathways. The research aims to bridge theory and reality through a case study to investigate the potential for sector-specific businesses to contribute to a sustainable transition within the current sociotechnical system. This study focuses on five Icelandic energy-related companies and two governing bodies within the energy value chain, and examines the sustainability of companies' business models and their contributions to different futures, and contextualizes the results within economic theory. The study identified two alternative economic paradigms, Green Growth (GG) and Post Growth (PG), as potential frameworks for achieving sustainable futures. The findings suggest Icelandic energy-related companies align with GG and predominantly prioritize energy efficiency, transparency enhancement, and environmental impact reduction, reflecting contributions to medium-term tactical level changes within the sociotechnical system. Challenges arise in fully implementing PG principles due to the complexities of reconciling energy production, consumption, and growth goals. The findings underscore the pivotal role of energy-related companies in sustainable transitions but emphasize the need for policy interventions to guide macroeconomic activities towards environmental and social wellbeing. The theoretical contribution of this study is the identification of alternative economic paradigms and construction of a sustainable business model for energy related companies. The practical contribution of this study is the framework used in evaluating the business model of companies in the energy sector which can provide practical understandings of the implementation of sustainable business models and a company's sustainability performance.

Ecotourism: Another Benefit of Agro-Silvo-Fishery and Trigona Apiculture in Peatland Ecosystem of Baru Village, Banyuasin, South Sumatra

Agro-silvo-fishery and Trigona apiculture are two business models developed in the peatland ecosystem in Baru Village, Banyuasin District, South Sumatra. Since the beginning of 2022, two demo plots have been built in the same village landscape as part of the business model implementation. The system‘s agro-silvo-fishery was established by constructing a pond around a paddy field and planting betelnut, vegetables, and fruit trees. Local fish that had acclimated to the acidic peatland habitat were captured during the flooding and raised in the ponds. In the constrained biophysical and chemical conditions of swampy terrain, this method is thought to be the greatest way to provide a variety of revenue. Individual farmers cannot afford the costs associated with setting up this system, especially when it comes to constructing the pond and dykes. Individual farmers cannot afford the costs associated with establishing this system, especially when it comes to constructing the pond and dykes. Hence, support from the district and village government and program partners is valuable. The farmer group harvested corn and vegetables from the dykes and rice from the paddy fields in the first year, and fish were not ready for harvest. However, the local BUMDes saved the day by creating weekly regular fishing activities and competition events, generating revenue from tickets. Moreover, the Trigona apiculture became a popular place for those outside the village to learn free of charge. Based on profitability analysis, the NPV of establishing agro-silvo-fishery is Rp103.036.769 per 0.8 ha for 30 years, with additional income from ecotourism is estimated to reach Rp21.600.000 per year. The established demonstration plot has the potential to become an ecotourism destination, and the key is to maintain the surrounding flowers and plants as the source of food for bees and the water condition for the fish.

Local sustainable communities: Sector coupling and community optimization in decentralized energy systems

Achieving local sustainable development often depends on consumers' incentives to efficiently utilize energy and resources. In this paper, Local sustainable communities (LSC) are introduced as a combination of sustainable communities and local energy communities to promote local energy and resource utilization. Business models on technology and service provision and those on promoting sustainable resource utilization are developed, which are then applied to a community in Austria. A modeling framework on sector coupling in community operations, that also considers resource utilization is developed to assess the impact of the business models. LSC business models promote participation and sustainable operation in an LSC as 31% of electricity and 34% of heat can be covered by LSC purchase. The implementation of energy recovery business models and the availability of sufficient decentralized technologies have the greatest impact on LSC operations, reducing external electricity grid coverage to 58%. The consideration of resource business models can positively contribute to a local resource utilization efficiency, reducing the water pipeline coverage by 43%. The introduction of an LSC has a positive impact on the United Nations Sustainable Development Goals and can therefore efficiently contribute to the development of a cleaner energy system.

Summer School on Circular Economy for Sustainable Manufacturing: A Case Study and Lessons Learned

The Circular Economy Action Plan is the main building block of the European Green Deal, Europe's new agenda for sustainable growth. Businesses need new technologies, new methods and new industrial organization either to create new businesses or to transform their products, processes and business models. They also need new talents to innovate, create businesses and new jobs, and transform society into a more sustainable one. Circular economy has grown significantly in recent years as a topic taught in engineering curricula. The purpose of this paper is to present the design, implementation and evaluation of a summer school program dedicated to the development, transformation and implementation of circular economy systems and new business models in manufacturing. The program was designed in collaboration with three university partners during a European project and relied on contributions from industrial companies, including start-ups and innovative companies. At the end, some lessons are drawn in order to show the main added value based on the evaluation of this summer school and to identify recommendations for the design and implementation of similar summer schools.

Information process-system modelling for Circular Economy of manufacturing systems

Recent push towards sustainable development have lead machine tool builders to begin adopting novel business models which are usually peculiar in product-service-systems. In particular, business models as ‘pay-per-use’ introduced the issue of rental of production capacity integrated with the management of the life cycle of assets in a Circular Economy perspective. However, when it comes to machine tool builders, the high degree of customization of capital goods and in particular of multi-stage automated assembly systems that are strongly linked to the characteristics of the final product make this solution more difficult. Hence, the implementation of such business models represents a clear challenge for machine tool builders and manufacturing system suppliers from technological perspective. This work discusses preliminary results in the technological implications of such strategy. A real industrial case related to cross-sector multi-stage automated assembly systems is presented to highlight the technological challenges and potential research directions.

Methods and models for substantiating application scenarios for the digitalization of manufacturing and business processes of network enterprises

The process of digital transformation of enterprises is associated with the organization of manufacturing and business processes within the framework of selected types of business models and digital platforms, the distribution and economic substantiation of the roles of participants in network interactions, and ensuring the semantic interoperability of their interaction. Currently, certain experience has been accumulated in the implementation of modern business models for the digital transformation of enterprises which is reflected in the concepts of the Industrie 4.0, the Industrial Internet of Things, the creation of cyber-physical production systems, smart enterprises and intelligent manufacturing. At the same time, the issues of conceptual modeling of the architecture of digital enterprises, which determines the construction of manufacturing and business processes, and its economic substantiation depending on various factors of the external environment and internal economic potential have not yet been sufficiently researched and developed. All of the foregoing determines the relevance of the work presented here. The purpose of the study was to develop ontological and economic methods for substantiating application scenarios for the digitalization of manufacturing and business processes depending on the selected types of business models and digital platforms. To solve the problem, methods of classification, ontological engineering, activity-based costing and analysis of cash flows of income and expenses are used. The article presents an analysis of enterprise digitalization scenarios depending on the types of manufacturing and business processes, the types of business models and digital platforms used. An ontological model of enterprise digital transformation has been constructed, providing a choice of application scenarios for the digitalization of manufacturing and business processes for various types of business models and digital platforms. An economic model is proposed to justify options for constructing application scenarios for the digitalization of production and business processes depending on the distribution of roles of participants in network interaction using methods of activity-based costing and cash flow analysis.

Adopting sustainability business models for value creation and delivery: an empirical investigation of manufacturing firms

PurposeThis paper examines the role of a sustainability business model in clarifying a firm's sustainability value articulation (SVA) to achieve sustainability outcomes and examining the moderating role of supplier involvement practices SIP and technology systems integration (TSI) in attaining sustainability outcomes.Design/methodology/approachDrawing upon the foundational principles of business model innovation, specifically articulation and implementation, the authors formulated a theoretical construct and empirically validate it through analysis of data collected from 692 manufacturing firms dispersed across 23 countries.FindingsThe research shows that focusing on SVA significantly improves how a company implements sustainability efforts internally (ISI) and externally (ESI), leading to better social and environmental outcomes. It also highlights that SIP improve the relationship between SVA, ESI and ISI. Similarly, TSI boosts the effect of internal and external sustainability efforts on both social (SOP) and environmental performance (EnP).Research limitations/implicationsWhile acknowledging the inherent constraints of survey-based research methodologies, this study offers a theoretical and verified approach for manufacturers to achieve comprehensive sustainability. It emphasizes the need for clear, actionable sustainability goals that can be met through both internal operations and external partnerships.Practical implicationsThis study clarifies how manufacturers can implement sustainable business models, emphasizing the importance of clear sustainability goals and initiatives both within and outside the company. It highlights the dual aspects of supplier engagement through operational tactics (ESI) and strategic collaborations (SIP).Social implicationsThis study reveals a thrilling truth: when companies champion clear sustainability goals, they unlock powerful strategies that revolutionize practices within their walls and in their external dealings. It is not just about going green; it is about weaving financial prosperity, social responsibility and environmental stewardship into the very fabric of their business models. But there is more – by cleverly engaging suppliers and harnessing cutting-edge technology, companies are not just participants in the green revolution; they are leading it, crafting a world where business thrives alongside the planet and its people.Originality/valueThis research stands out for its empirical analysis of how manufacturing firms implement sustainability innovations at the plant level, an area previously underexplored despite extensive theoretical work on sustainability-centric business models.

Introduction of Takaful (Islamic Insurance) as a Potential Business Model in Indian Market

Globalization has prompted many companies to invest in foreign markets, as a result of which many countries are implementing business models that appeal to investors. Takaful is one type of Islamic insurance system that has proved to be highly popular in Muslim nations. Many individuals who intend to start a new venture will benefit from this type of business model, which has also gained popularity in non-Muslim nations. This paper will analyze the suitability of Takaful to be introduced as a business model in India. This study adopts a mixed method of quantitative and qualitative analysis using surveys and interviews. The number of respondents selected was 50 for quantitative analysis with the target participants being people of India through social media and LinkedIn. Apart from that, for Qualitative analysis employees related to insurance companies in Malaysia were selected to assess their points of view of the Indian insurance market. The conclusion reveals that the Indian market is suitable and favorable for the Takaful business model irrespective of religion, people are willing to accept the model. Hence it is recommended that the model be introduced in the Indian market. Originality/Value: Unlike prior research, which focuses primarily on Muslim nations, this study provides valuable insights for policymakers and industry stakeholders in non-Muslim countries. Our findings underscore the potential viability of Takaful in India, emphasizing its inclusive nature and ability to cater to diverse insurance needs. Overall, this paper offers a fresh perspective on Islamic finance and the adaptation of innovative business models in emerging markets.

NON-FINANCIAL LEVERS FOR ENSURING THE EFFICIENT USE OF PERMANENT WORK IN THE CONTEXT OF DIGITAL ADAPTATION OF BUSINESS PROCESS MANAGEMENT

Topicality. The current stage of development of the world economy is characterized by the large-scale implementation of digital technologies in various sectors and types of economic activity. Digital innovation, being a fundamental driving force of systemic transformations in the economy, not only leads to the emergence of new products and services, but also creates opportunities for the implementation of innovative business models, can contribute to a significant increase in efficiency in both the public and private sectors. In the process of implementing digital technologies, domestic business structures get the opportunity to make fundamental changes to business methods, test new technologies in practice, and ultimately increase productivity. However, in business practice, they may face barriers to the implementation of such technologies due to the widespread lack of financial and human resources and the need to support the digital transformation process. This means that the bodies responsible for the development and implementation of economic policy in the state should play an important role in creating a favorable environment for such business structures, which will allow them to start their digital transformation. The above requires the development and implementation of certain mechanisms and levers to support such transformations.
 Aim and tasks. The purpose of this work is to develop recommendations on ways to expand the possibilities of using non-financial levers to ensure the effective digital transformation of Ukraine.
 Materials and Methods. The theoretical basis of this scientific work consists of the best practices of state and non-state support for digital adaptation of business processes of the real sector of the economy, which are given in works of a theoretical and practical nature. To carry out this scientific work and achieve the set goal, the article uses methods of graphic interpretation of the results of analysis and generalization, methods of monographic analysis, and synthesis.Research results. As a result of the research, it was established that the current stage of development of the world economy is characterized by the large-scale implementation of digital technologies in various sectors and types of economic activity. It is noted that digital innovations, being the fundamental driving force of systemic transformations in the economy, not only lead to the emergence of new products and services, but also create opportunities for the implementation of innovative business models, can contribute to a significant increase in efficiency in both the public and private sectors. It is substantiated that in the process of implementing digital technologies, domestic business structures get the opportunity to make fundamental changes to business methods, test new technologies in practice, and ultimately increase productivity. Non-financial incentives for digital adaptation of business processes in the real sector of the economy have been identified. It was concluded that not all entrepreneurs have sufficient skills and knowledge in the field of digitalization, which may limit their opportunities for effective business. It has been established that some of the adopted legislative acts, strategic programs and initiatives are already morally outdated or have lost their relevance and require updating in accordance with the global challenges and opportunities of the digital economy. It was concluded that it is important to create uniform rules of the game for digital innovation by adopting relevant international technical standards for digital equipment and digital services. The need to create institutions and procedures aimed at solving digital security problems, preparing for protection against cyber-attacks, fighting cybercrime, and increasing general trust of the population in digital ecosystems, which is the basis of the digital economy, is substantiated. It has been proven that an important aspect of the introduction of digital technologies is the formation of society's motivation to use digital technologies, which largely depends on the availability of digital technologies, the development and functioning of infrastructure, the implementation of state programs and platforms for the digitalization of all spheres of social and economic life. Reasonable non-financial levers for ensuring effective digital adaptation of business processes in the real sector of the economy. Proposed directions for expanding the possibilities of using non-financial levers to ensure the effective digital transformation of Ukraine.
 Conclusion. The above made it possible to form a number of recommendations to the bodies responsible for the development and implementation of economic policy, regarding the expansion of the possibilities of using various tools to ensure effective digital adaptation of business processes of the real sector of the economy of Ukraine.

CIRCULAR ECONOMY AND INDUSTRY 4.0 INTO INDUSTRIAL ENGINEERING COURSES

Objective: This article presents a theoretical study of how the concepts of the Circular Economy (CE) and Industry 4.0 (i4.0) can be incorporated and introduced into industrial engineering courses and how they can help the implementation of circular economy business models. Design/methodology/approach: A theoretical analysis was conducted on a set of articles identified through a search based on the combination of keywords 'circular economy,' 'CE,' 'industrial engineering,' 'industrial engineer,' 'i4.0,' and 'Industry 4.0.' Two databases, Scopus and Web of Science, were consulted initially. A total of 29 articles were selected and utilized for the subsequent analysis. Following a comprehensive review of these 29 articles, we sought to determine how the concepts of the circular economy and i4.0 can be integrated into industrial engineering courses and their potential contributions to the implementation of circular economy business models. Results: The paper provides an overview of how the concepts of the CE and i4.0 can be incorporated into the curriculum of undergraduate industrial engineering courses, utilizing an interdisciplinary and cross-cutting approach. Furthermore, it was possible to verify that there is a strong and feasible relationship between the concepts of the circular economy and Industry 4.0. For the effective implementation of these concepts, there is a necessity to train professionals and the use of digital technologies in favor of the circular economy. Originality/value: The paper brings as contribution, the discussion about the importance of incorporating the concept of circular economy and i4.0 into the courses of future engineers, who work mainly in the management of production processes and management of resources. This is a theoretical study, not an empirical one, and perhaps this is the main limitation of the research. However, despite being theoretical, it brings as a practical contribution an important discussion about the need to train professionals, even in their undergraduate training, and the use of digital technologies in favor of the circular economy.