Circular Economy Manufacturing Strategies from Nordic/Baltic Regions: : Creating Value from Residue Glass Fiber & Circular Business Model

TY - ABST

T1 - Circular Economy Manufacturing Strategies from Nordic/Baltic Regions: 

T2 - 5th Symposium on Circular Economy and Sustainability<br/>

AU - Nielsen, Mads Kjærgaard

AU - Jakobsen, Anders Mandal Struve Øeer

AU - Lystbæk, Michael

AU - Beliatis, Michail

PY - 2024/6/18

Y1 - 2024/6/18

N2 - This study addresses the need for comprehensive circular strategies in enterprise ecosystems from a circular economy perspective, that focuses on developing a product-service system for reuse/recycling glass fibre materials. Existing literature primarily explores circular economy, business models, and recyclability of composite waste materials separately. This highlights a gap in academic research concerning the interplay of combinatorial effects and emerging trends, particularly in relation to the business model architectures of the circular economy and the reusability/recyclability of residue glass fibre materials. Analysing the existing literature together with approaches in utilizing business innovation and engineering product and services development to accommodate the separate academia topics and link them to circular business models in ecosystems level, a methodology is developed. The value creation shifts from core business to product-service system. This is done by integrating circular principles and objectives within the business value network to orchestrate a circular and recycle service to customers. This value creation forces customers to reflect on their traditional business models and their assessment of future viability within the business value network. A case study using rapid digital 3D additive manufacturing for compression moulding of small-scale aeronautical components reusing scrap glassfiber material is used to demonstrate the methods effectiveness in generating and transforming residue glass fibre material into circular products and extending product lifecycle.

AB - This study addresses the need for comprehensive circular strategies in enterprise ecosystems from a circular economy perspective, that focuses on developing a product-service system for reuse/recycling glass fibre materials. Existing literature primarily explores circular economy, business models, and recyclability of composite waste materials separately. This highlights a gap in academic research concerning the interplay of combinatorial effects and emerging trends, particularly in relation to the business model architectures of the circular economy and the reusability/recyclability of residue glass fibre materials. Analysing the existing literature together with approaches in utilizing business innovation and engineering product and services development to accommodate the separate academia topics and link them to circular business models in ecosystems level, a methodology is developed. The value creation shifts from core business to product-service system. This is done by integrating circular principles and objectives within the business value network to orchestrate a circular and recycle service to customers. This value creation forces customers to reflect on their traditional business models and their assessment of future viability within the business value network. A case study using rapid digital 3D additive manufacturing for compression moulding of small-scale aeronautical components reusing scrap glassfiber material is used to demonstrate the methods effectiveness in generating and transforming residue glass fibre material into circular products and extending product lifecycle.

KW - circular economy; glass fiber, Product-Service-Systems (PSS), 3D additive manufacturing, Casting & compression molding.

M3 - Conference abstract for conference

Y2 - 17 June 2024 through 20 June 2024

ER -