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Sustainable Smart Economies: Green Technologies and Circular Business Models
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Author(s): Ali Bakhshi Movahed (Iran University of Science and Technology, Iran)and Aminmasoud Bakhshi Movahed (Iran University of Science and Technology, Iran)
Copyright: 2025
Pages: 18
Source title:
Dynamic and Safe Economy in the Age of Smart Technologies
Source Author(s)/Editor(s): Hamed Nozari (Independent Researcher, Australia)
DOI: 10.4018/979-8-3693-4369-2.ch005
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Abstract
The chapter investigates the convergence of sustainable smart economies, green technologies, and circular business models, underscoring their vital contributions to promoting environmental sustainability and economic resilience. As global issues such as climate change and resource scarcity become more pressing, incorporating innovative green technologies spanning renewable energy initiatives to sophisticated waste management solutions becomes essential. These technologies not only improve resource efficiency but also play a significant role in diminishing ecological footprints. Concurrently, implementing circular business models is crucial for reimagining value creation in ways that reduce waste and encourage sustainable practices. Enterprises can shift from conventional linear models to more regenerative frameworks that harmonies with ecological objectives by emphasising systems that focus on recycling, reuse, and sustainable sourcing. This chapter synthesises existing literature and case studies to understand how sustainable smart economies can harness these innovations thoroughly.
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