Why we need a digital highway to the circular economy
The need for advancing the Circular Economy is beyond doubt in the context of sustainable development and the fight against climate change. However while everybody agrees on the objective, the ways and means to achieve this remain less clear. Current barriers are first and foremost related to the inherent difficulties of the concept of the circular economy and have to do with structural issues of the businesses involved but also with behavioural aspects of individuals and organisations involved in the process. This short commentary addresses first the nature of the barriers to circularity and then the possible enabling role of information and communication technologies. To the extent that companies can achieve the transition towards a servitization of their products (products as a service) they may possibly succeed in translating the different components to digital occurrences through the appropriate ICT applications and components. However this will need a consistent business approach to digital transformation which presents its own hurdles.
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