Efficiency of Business Models Based on Innovations (Additive Technologies) in a Circular Economy

Anna Starodubova, Dinara Iskhakova and Nailya Gareeva
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Anna Starodubova: Kazan National Research Technological University
Dinara Iskhakova: Kazan National Research Technological University
Nailya Gareeva: Kazan Innovative University Named After V.G. Timiryasov

A chapter in Challenges and Solutions in the Digital Economy and Finance, 2022, pp 507-516 from Springer

Abstract: Abstract The authors propose indicators of the effectiveness of business models based on additive technologies compared to traditional technologies. For the first time, business model efficiency indicators based on additive technologies are combined with circular technologies. The study identified the stages of the life cycle of additive technologies in the world for 2010–2022. And, the authors defined the time to adapt additive technology in industry. The authors applied expert method and business planning method in the article. Business modeling was carried out to produce polymer products in the Russian Federation 2021. The business models were made for 3 years. Additive technology has become a traditional technology according to Gartner. Despite this, the U.S., Canada and the U.K. have developed national strategies for smart manufacturing that incorporate additive technologies. The hypothesis proposed by the authors has been confirmed. The additive technologies should be combined with circular technologies if they moved to a later stage of the life cycle. This is necessary to enhance the efficiency of production. The efficiency of the business model is higher from the simultaneous use of these technologies than separately. If only one additive technology used in production, then they have insufficient efficiency in production.

Keywords: Innovations; Additive technologies; Smart manufacturing; Circular economy (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-031-14410-3_53

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DOI: 10.1007/978-3-031-14410-3_53

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