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Circular economy and sustainable value creation through eco-innovation are interconnected concepts that revolve around creating a more sustainable and environmentally friendly approach to economic growth and business development. In a world confronted by pressing environmental challenges, the need for sustainable economic practices has never been more urgent. The traditional linear economic model, characterized by the "take-make-dispose" approach, has led to resource depletion, environmental degradation, and social inequalities. In response to these challenges, the concepts of circular economy and eco-innovation have emerged as powerful frameworks for reshaping our economic systems to prioritize sustainability.
The circular economy represents a paradigm shift from the linear economic model that has dominated for centuries. Instead of viewing resources as finite and disposable, the circular economy embraces the idea that resources can be kept in circulation for as long as possible, thereby minimizing waste and environmental impact. At the core of the circular economy is the efficient use of resources. This entails reducing resource consumption, reusing products and materials, and recycling to extend the life of resources. Products are designed with durability and ease of repair in mind, ensuring they have a longer lifespan and can be easily maintained. Circular practices aim to restore natural systems and reduce harm to the environment, whether through reforestation, soil regeneration, or sustainable agriculture.
List of contents
Chapter1.Introduction to Circle Economy (CE).- Chapter2.Core Concepts of Sustainable Value Creation.- Chapter3. Holistic Approach to Sustainable Value Creation.- Chapter4. Social Dimension: Nurturing People and Communities.- Chapter5. Economic Dimension: Balancing Profit with Purpose.
About the author
Srikanta Patnaik is Director of I.I.M.T., Bhubaneswar, India. He has received his Ph. D. (Engineering) on Computational Intelligence from Jadavpur University, India in 1999. He has supervised more than 30 Ph. D. Theses and 100 Master theses in the area of Computational Intelligence, Machine Learning, Soft Computing Applications and Re-Engineering. Dr. Patnaik has published around 100 research papers in international journals and conference proceedings. He is author of 2 text books and 55 edited volumes and few invited book chapters, published by leading international publisher like IEEE, Elsevier, Springer-Verlag, Kluwer Academic, etc.. Dr. Patnaik is the Editors-in-Chief of
International Journal of Information and Communication Technology and
International Journal of Computational Vision and Robotics published from Inderscience Publishing House, England and, Editor of Journal of Information and Communication Convegence Engineering and Associate Editor of Journal of Intelligent and Fuzzy Systems (JIFS), which are all Scopus Index journals. He is also Editors-in-Chief of Book Series on "
Modeling and Optimization in Science and Technology" published from Springer, Germany and Advances in Computer and Electrical Engineering (ACEE) and Advances in Medical Technologies and Clinical Practice (AMTCP), published by IGI Global, USA.He is a member of Institute of Electrical and Electronics Engineering (IEEE) and Association for Computing Machinery (ACM). He is also Fellow of IETE, Life Member of ISTE, and CSI.
Leon Miler completed his PhD at Tallinn University of Technology, Estonia with a specialty in "The Theory and Practice of Value Creation". In addition, he completed doctor level studies in Social Development, Peace Research, and Consulting at the University of Chicago Cluster of Theological Schools. He is the founder and coordinator of "A Value-based Approach to Sustainability". He is also a research fellow affiliated with the Network of Religious and Traditional Peacemakers and Tallinn University of Technology. He is an instructor of Ethics, Intercultural Relations, Intercultural Communications, and Organizational Behavior. He has experience working with The International Association of Religious Freedom promoting Human Rights and improved interethnic relations as well as experience analyzing the Cyprus conflict (the UN's longest running peace keeping mission) in cooperation with the European Peace Research Association. He is currently involved in researching Human, Social, and Sustainable Development with academic partners in South Asia.
Francesco Vigliarolo did his PhD in Social Sciences, specializing in economic sociology, ethical finance, and social economics. He is a full-time Professor of Regional Economy at the Catholic University of La Plata. Additionally, he also serve as the Director of the UNESCO Chair in "Economic Systems and Human Rights" at the National University of La Plata. He is also an Associate Researcher at the CESOT (Center for the Study of Sociology of Work) at the University of Buenos Aires. His primary focus lies in local development processes, particularly the construction of territorial identities that involve asserting rights (ontological reason) through associative forms of production and ethical finance tools. Throughout his career, he had published numerous books and scientific articles delving into concepts such as "Ethical social capital,"Economic socialization and democratization,"The principles of economic phenomenology,"Ontological reason of economy and demand for rights of economy," and "Meso-economic approach."
