Is it all about Information? The Role of the Information Gap between Stakeholders in the Context of the Circular Economy

There is still a big difference, between a circular economy as described in the literature and reality. All this can be attributed to one reason: An information gap within the circular economy. The information is available, but not exchanged between the stakeholders. In this paper, we discuss the ro...

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Bibliographic Details
Published in:Procedia CIRP 2021, Vol.98, p.364-369
Main Authors: Lawrenz, Sebastian, Nippraschk, Mathias, Wallat, Phillip, Rausch, Andreas, Goldmann, Daniel, Lohrengel, Armin
Format: Article
Language:English
Subjects:
Circular Economy
Industry 4.0
information loss
information marketplace
intelligent systems
recycling
Recycling 4.0
sustainability engineering
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Summary:There is still a big difference, between a circular economy as described in the literature and reality. All this can be attributed to one reason: An information gap within the circular economy. The information is available, but not exchanged between the stakeholders. In this paper, we discuss the role of the information gap, present solutions for bridging this gap and introduce some key components to promote an advanced circular economy.
ISSN:2212-8271
2212-8271
DOI:10.1016/j.procir.2021.01.118