The effect of Industry 4.0 technologies in fostering a circular economy
by Raffaela Nastari; Alfredo Celentano; Sabrina Pisano; Matteo Pozzoli
International Journal of Digital Culture and Electronic Tourism (IJDCET), Vol. 4, No. 3, 2024

Abstract: In recent years, the focus on the circular economy (CE) and the business models implemented by companies to achieve circularity has grown exponentially. Industry 4.0 technologies (I4.0Ts) represent a valuable tool in the green transition. Companies are increasingly using technologies such as big data analysis, cloud computing, cyber-physical product systems, and the internet of things (IoT) to monitor and analyse their operations in terms of resource utilisation, especially from the perspective of the 7R CE components: reduce, reuse, recycle, recover, rot, repurpose, and rethinking. However, scholars have noted a gap in research on the relationship between I4.0Ts and CE. To fill this gap, this study disseminated a questionnaire survey to all companies listed on the Italian Stock Exchange that have published the DNF report as of 31 December 2021. The findings show a positive influence of I4.0Ts on reducing resource consumption but a lower capacity of I4.0Ts to influence the reuse and recycling of CE components.

Online publication date: Fri, 23-Feb-2024

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