Leveraging industry 4.0 technologies and industrial symbiosis: Advancing circular economy practices in BRICS economies

IF 8 2区 环境科学与生态学 Q1 ENVIRONMENTAL SCIENCES
Muhammad Uzair Ali , Itbar khan , Hayat khan
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Abstract

In addressing the dynamics of a circular economy (CE), Industry 4.0 technologies (IN4.0T) and Industrial Symbiosis (IS) necessitate meticulous management strategies to optimize their advantageous impacts on circular practices. The present study investigates the influence of IN4.0T, such as Artificial Intelligence (AI), the Internet of Things (IoT), and IS on advancing CE principles in BRICS economies during 2011–2021. To estimate these nexuses, Panel Cross Sectionally Augmented Autoregressive Distributed Lag econometric approach is employed. The results reveal that IS, AI, and IoT significantly enhance CE efficiency in BRICS nations. The study's findings contribute to current literature in three discrete ways: first, it stipulates empirical evidence of how AI and IoT facilitate CE practices; second, it demonstrates the facilitating role of IS in strengthening the restorative-circularity nexus; and third, it offers insights specific to BRICS nations, where rapid economic growth intersects with environmental challenges. The results align with and extend theoretical frameworks, including the Natural-Resources-Based and the Business-Technology-Adoptions models. The findings suggest that policymakers should invest in Industrial Symbiosis and digital technologies to lessen waste, improve resource efficiency, nurture collaborations, and boost CE transitions in BRICS economies.

Abstract Image

利用工业4.0技术和产业共生:推进金砖国家循环经济实践
为了解决循环经济(CE)的动态问题,工业4.0技术(IN4.0T)和工业共生(IS)需要细致的管理策略,以优化其对循环实践的有利影响。本研究调查了2011-2021年期间,人工智能(AI)、物联网(IoT)和信息系统等IN4.0T对金砖国家经济推进CE原则的影响。为了估计这些联系,采用了面板横截面增强自回归分布滞后计量方法。结果显示,IS、AI和IoT显著提高了金砖国家的CE效率。该研究的发现以三种不同的方式为当前文献做出了贡献:首先,它规定了人工智能和物联网如何促进CE实践的经验证据;第二,论证了信息系统在加强恢复性-循环性联系中的促进作用;第三,它提供了金砖国家特有的见解,这些国家的经济快速增长与环境挑战交织在一起。研究结果符合并扩展了理论框架,包括基于自然资源的模型和商业-技术采用模型。研究结果表明,政策制定者应投资于工业共生和数字技术,以减少浪费,提高资源效率,促进合作,并促进金砖国家经济的节能转型。
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来源期刊
Journal of Environmental Management
Journal of Environmental Management 环境科学-环境科学
CiteScore
13.70
自引率
5.70%
发文量
2477
审稿时长
84 days
期刊介绍: The Journal of Environmental Management is a journal for the publication of peer reviewed, original research for all aspects of management and the managed use of the environment, both natural and man-made.Critical review articles are also welcome; submission of these is strongly encouraged.
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