Title
Sustainable Operations Of Industrial Symbiosis: An Enterprise Input-Output Model Integrated By Agent-Based Simulation
Abstract
Industrial symbiosis (IS) is a key for implementing circular economy. Through IS, wastes produced by one company are used as inputs by other companies. The operations of IS suffers from uncertainty barriers since wastes are not produced upon demand but emerge as secondary outputs. Such an uncertainty, triggered by waste supply-demand quantity mismatch, influences IS business dynamics. Accordingly, companies have difficulty to foresee potential costs and benefits of implementing IS. The paper adopts an enterprise input-output model providing a cost-benefit analysis of IS integrated to an agent-based model to simulate how companies share the total economic benefits stemming from IS. The proposed model allows to explore the space of cooperation, defined as the operationally favourable conditions to operate IS in an economically win-win manner. This approach, as a decision-support tool, allows the user to understand whether the IS relationship is created and how should the cost-sharing policy be. The proposed model is applied to a numerical example. Findings show that cost-sharing strategies are dramatically affected by waste supply-demand mismatch and by the relationship between saved and additional costs to run IS. Apart from methodological and theoretical contributions, the paper proposes managerial and practical implications for business strategy development in IS.
Year
DOI
Venue
2020
10.1080/00207543.2019.1590660
INTERNATIONAL JOURNAL OF PRODUCTION RESEARCH
Keywords
DocType
Volume
Industrial symbiosis, enterprise input-output, sustainable operations, agent-based simulation, circular economy
Journal
58
Issue
ISSN
Citations 
2
0020-7543
0
PageRank 
References 
Authors
0.34
0
3
Name
Order
Citations
PageRank
Devrim Murat Yazan134.12
Luca Fraccascia231.68
Luca Fraccascia331.68