{"title":"To cooperate, or not to cooperate, that is the question. Strategic analysis for the implementation of industrial symbiosis","authors":"","doi":"10.1016/j.resconrec.2024.107893","DOIUrl":null,"url":null,"abstract":"<div><p>The lack of adequate support in strategic decision-making hampers the widespread of industrial symbiosis (IS). Although various business models for IS are available, existing literature focuses solely on cooperation between waste producers and waste users to replace primary inputs with waste. This paper proposes a strategic analysis for waste producers introducing IS, comparing the traditional cooperative approach with a competitive new product development strategy. Using a game-theoretical model, a third hybrid strategy is defined. The paper examines the impact of market characteristics, investment requirements, IS costs, and primary input purchase costs on the strategic choices of waste producers, providing insights for managers and decision-makers. Results suggest that the characteristics of the market where to enter significantly affect the final strategic behavior. Specifically, the main strategic discriminating factors are the market size, the consumers’ willingness to pay, and the investment extent.</p></div>","PeriodicalId":21153,"journal":{"name":"Resources Conservation and Recycling","volume":null,"pages":null},"PeriodicalIF":11.2000,"publicationDate":"2024-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0921344924004865/pdfft?md5=b863e97727e962ca117a0576bcf0f3ed&pid=1-s2.0-S0921344924004865-main.pdf","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Resources Conservation and Recycling","FirstCategoryId":"93","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0921344924004865","RegionNum":1,"RegionCategory":"环境科学与生态学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ENGINEERING, ENVIRONMENTAL","Score":null,"Total":0}
引用次数: 0
Abstract
The lack of adequate support in strategic decision-making hampers the widespread of industrial symbiosis (IS). Although various business models for IS are available, existing literature focuses solely on cooperation between waste producers and waste users to replace primary inputs with waste. This paper proposes a strategic analysis for waste producers introducing IS, comparing the traditional cooperative approach with a competitive new product development strategy. Using a game-theoretical model, a third hybrid strategy is defined. The paper examines the impact of market characteristics, investment requirements, IS costs, and primary input purchase costs on the strategic choices of waste producers, providing insights for managers and decision-makers. Results suggest that the characteristics of the market where to enter significantly affect the final strategic behavior. Specifically, the main strategic discriminating factors are the market size, the consumers’ willingness to pay, and the investment extent.
战略决策缺乏足够的支持阻碍了工业共生(IS)的广泛开展。虽然工业共生有多种商业模式,但现有文献仅关注废物生产者和废物使用者之间的合作,以废物替代主要投入。本文对引入 IS 的废物生产商进行了战略分析,比较了传统合作方式和竞争性新产品开发战略。利用博弈理论模型,定义了第三种混合战略。本文研究了市场特征、投资要求、基础设施服务成本和主要投入采购成本对废物生产商战略选择的影响,为管理者和决策者提供了启示。结果表明,拟进入市场的特征对最终战略行为有重大影响。具体而言,市场规模、消费者支付意愿和投资程度是主要的战略判别因素。
期刊介绍:
The journal Resources, Conservation & Recycling welcomes contributions from research, which consider sustainable management and conservation of resources. The journal prioritizes understanding the transformation processes crucial for transitioning toward more sustainable production and consumption systems. It highlights technological, economic, institutional, and policy aspects related to specific resource management practices such as conservation, recycling, and resource substitution, as well as broader strategies like improving resource productivity and restructuring production and consumption patterns.
Contributions may address regional, national, or international scales and can range from individual resources or technologies to entire sectors or systems. Authors are encouraged to explore scientific and methodological issues alongside practical, environmental, and economic implications. However, manuscripts focusing solely on laboratory experiments without discussing their broader implications will not be considered for publication in the journal.