The Role of Innovation and New Technologies in Closing the Economic Circuit of Electrical and Electronic Equipment

Digitisation and the circular economy open the possibility to ensure efficient products and services development, while promoting the sustainable development of social well-being. Despite being an area with high potential for adopting business models that integrate the perspective of the two conc...

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Main Authors: Vasile Dinu, Giani Ionel Grădinaru, Alin Cristian Maricuț, Bogdan Florin Matei
Format: Article
Language:English
Published: Academy of Economic Studies of Bucharest 2023-02-01
Series:Amfiteatru Economic
Subjects:
Online Access:https://www.amfiteatrueconomic.ro/temp/Article_3171.pdf
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author Vasile Dinu
Giani Ionel Grădinaru
Alin Cristian Maricuț
Bogdan Florin Matei
author_facet Vasile Dinu
Giani Ionel Grădinaru
Alin Cristian Maricuț
Bogdan Florin Matei
author_sort Vasile Dinu
collection DOAJ
description Digitisation and the circular economy open the possibility to ensure efficient products and services development, while promoting the sustainable development of social well-being. Despite being an area with high potential for adopting business models that integrate the perspective of the two concepts, the electrical and electronic sector depends on the opportunity cost that falls under the constraints on rethinking existing industrial processes to reduce non-reusable waste. Therefore, the present study will show the benefits of moving towards a circular model through innovation and new technologies, in accordance with the connection between digitisation and the circular economy at a territorial level. The results will highlight the particularities of the electrical and electronic equipment and the patterns regarding the approach to integrating the two concepts in the same sector, at the level of the EU bloc states.
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spelling doaj.art-d94c84f70ea746e7a369e72e10fceca62023-02-02T14:12:58ZengAcademy of Economic Studies of BucharestAmfiteatru Economic1582-91462247-91042023-02-0125621210.24818/EA/2023/62/12The Role of Innovation and New Technologies in Closing the Economic Circuit of Electrical and Electronic EquipmentVasile Dinu0https://orcid.org/0000-0003-3606-2548 Giani Ionel Grădinaru1https://orcid.org/0000-0003-3336-1737Alin Cristian Maricuț 2https://orcid.org/0000-0003-4599-1517 Bogdan Florin Matei3https://orcid.org/0000-0003-2598-0220Bucharest University of Economic Studies, Bucharest, RomaniaBucharest University of Economic Studies, Bucharest, Romania and Institute of National Economy, Romanian Academy, Bucharest, Romania Bucharest University of Economic Studies, Bucharest, RomaniaBucharest University of Economic Studies, Bucharest, RomaniaDigitisation and the circular economy open the possibility to ensure efficient products and services development, while promoting the sustainable development of social well-being. Despite being an area with high potential for adopting business models that integrate the perspective of the two concepts, the electrical and electronic sector depends on the opportunity cost that falls under the constraints on rethinking existing industrial processes to reduce non-reusable waste. Therefore, the present study will show the benefits of moving towards a circular model through innovation and new technologies, in accordance with the connection between digitisation and the circular economy at a territorial level. The results will highlight the particularities of the electrical and electronic equipment and the patterns regarding the approach to integrating the two concepts in the same sector, at the level of the EU bloc states. https://www.amfiteatrueconomic.ro/temp/Article_3171.pdfelectrical and electronic equipmentcircular economyinnovationnew technologies
spellingShingle Vasile Dinu
Giani Ionel Grădinaru
Alin Cristian Maricuț
Bogdan Florin Matei
The Role of Innovation and New Technologies in Closing the Economic Circuit of Electrical and Electronic Equipment
Amfiteatru Economic
electrical and electronic equipment
circular economy
innovation
new technologies
title The Role of Innovation and New Technologies in Closing the Economic Circuit of Electrical and Electronic Equipment
title_full The Role of Innovation and New Technologies in Closing the Economic Circuit of Electrical and Electronic Equipment
title_fullStr The Role of Innovation and New Technologies in Closing the Economic Circuit of Electrical and Electronic Equipment
title_full_unstemmed The Role of Innovation and New Technologies in Closing the Economic Circuit of Electrical and Electronic Equipment
title_short The Role of Innovation and New Technologies in Closing the Economic Circuit of Electrical and Electronic Equipment
title_sort role of innovation and new technologies in closing the economic circuit of electrical and electronic equipment
topic electrical and electronic equipment
circular economy
innovation
new technologies
url https://www.amfiteatrueconomic.ro/temp/Article_3171.pdf
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