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Time to go circular: circular economy as a new industrial paradigm

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dc.contributor.author PERCIUN, Rodica
dc.contributor.author IORDACHI, Victoria
dc.date.accessioned 2021-10-06T10:53:46Z
dc.date.available 2021-10-06T10:53:46Z
dc.date.issued 2020
dc.identifier.citation PERCIUN, Rodica, IORDACHI, Victoria. Time to go circular: circular economy as a new industrial paradigm. In: Сompetitiveness and sustainable development. Book of abstracts: proc. of the 2nd Economic International Conference, November 20th, 2020. Chișinău, Tehnica-UTM, 2020, p. 8. ISBN 978-9975-45-652-4. en_US
dc.identifier.isbn 978-9975-45-652-4
dc.identifier.uri http://repository.utm.md/handle/5014/17581
dc.description Abstract. en_US
dc.description.abstract As a result of the spread of technologies of the fourth industrial revolution and the digitalization of the economy, new opportunities are opening up for the development of circular principles of production. The use of digital economy technologies is associated with obtaining positive effects related to the use of raw materials and energy resources. The positive effects are due not only to the rationalization of resource consumption, but also to the implementation of operations to restore and regenerate the natural environment through the use of innovative digital technologies. All this contributes to the formation of a fundamentally new model of the economy, which acquires a restorative and closed character, based on the principle of "take-make-reuse" and being an alternative to the previously dominant linear model based on the principle of "take-make- waste". The article is devoted to defining the role of the circular economy in the transition to the fourth industrial revolution. Also a comparative analysis of linear and circular models of the economy is presented. The practice of introducing the main principles of closed loops in foreign countries is disscussed. en_US
dc.language.iso en en_US
dc.publisher Tehnica UTM en_US
dc.rights Attribution-NonCommercial-NoDerivs 3.0 United States *
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/us/ *
dc.subject circular economy en_US
dc.subject linear model en_US
dc.subject sustainable development en_US
dc.subject fourth industrial revolution en_US
dc.subject green economy en_US
dc.title Time to go circular: circular economy as a new industrial paradigm en_US
dc.type Article en_US


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