Industry 4.0 to Accelerate the Circular Economy: A Case Study of Electric Scooter Sharing

Trang Thi Pham, Tsai-Chi Kuo, Ming-Lang Tseng, Raymond R. Tan, Kimhua Tan, Denny Satria Ika and Chiuhsiang Joe Lin
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Trang Thi Pham: Department of Industrial and Systems Engineering, Chung Yuan Christian University, Taoyuan 32023, Taiwan
Tsai-Chi Kuo: Department of Industrial and Systems Engineering, Chung Yuan Christian University, Taoyuan 32023, Taiwan
Ming-Lang Tseng: Institute of Innovation and Circular Economy, Asia University, Taichung 41354, Taiwan
Raymond R. Tan: Chemical Engineering Department, De La Salle University, Manila 00000, Philippines
Kimhua Tan: School of Business, University of Nottingham, Nottingham NG7 2QL, UK
Denny Satria Ika: Department of Industrial and Systems Engineering, Chung Yuan Christian University, Taoyuan 32023, Taiwan
Chiuhsiang Joe Lin: Department of Industrial Management, National Taiwan University of Science and Technology, Taipei 10607, Taiwan

Sustainability, 2019, vol. 11, issue 23, 1-16

Abstract: To achieve sustainability, the circular economy (CE) concept is challenging traditional linear enterprise models due to the need to manage geographically distributed product life cycle and value chains. Concurrently, Industry 4.0 is being used to bring productivity to higher levels by reducing waste and improving the efficiency of production processes via more precise real-time planning. There is significant potential to combine these two frameworks to enhance the sustainability of manufacturing sectors. This paper discusses the fundamental concepts of Industry 4.0 and explores the influential factors of Industry 4.0 that accelerate the sharing economy in the CE context via a case of electric scooters in Taiwan. The result shows Industry 4.0 can provide an enabling framework for the sharing economy in CE implementation.

Keywords: Industry 4.0; circular economy; interpretive structure modelling; sustainable development; sharing economy (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

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