Acosta Llano, E., Hurmelinna-Laukkanen, P. & Haapanen, L. (2022). Linking blockchain to circular economy : a view to global value chains. In Proceedings of the XXXIII ISPIM Innovation Conference 2022, "Innovating in a Digital World", 5 - 8 June 2022 Copenhagen, Denmark. Lappeenranta; Lappeenrannan teknillinen yliopisto.
Linking blockchain to circular economy : a view to global value chains
|Author:||Acosta Llano, Eduardo1; Hurmelinna-Laukkanen, Pia1; Haapanen, Lauri1|
1University of Oulu Business School, PO Box 4600, 90014 Oulu, Finland
|Online Access:||PDF Full Text (PDF, 0.1 MB)|
|Persistent link:|| http://urn.fi/urn:nbn:fi-fe2023031632058
Lappeenrannan teknillinen yliopisto,
|Publish Date:|| 2023-03-16
Circular Economy (CE) has taken a key role in discussion on innovation for sustainable economic growth. Reducing, Reusing, and Recycling — 3Rs — are widely acknowledged as primary principles and activities driving the transition. However, pursued goals are hard to reach if genuine implementation of these principles cannot be verified. For this verification, technological innovations such as Blockchain (BT) have shown promise, but it is not yet clear how CE and BT function together in a wider scale to promote innovative solutions. The global context of CE and BT challenge them both. Acknowledging this context, our study examines the potential of utilizing BT for CE in global value chains (GVC). Adopting a multiple-case study approach and examining global value chains of five multinational enterprises, we show how global CE-oriented value chains’ features in terms of transparency, security, and dispersion, as well as control-orientation, location-specificity, and governance could be utilized with BT.
|Pages:||1 - 18|
Proceedings of the XXXIII ISPIM Innovation Conference 2022, "Innovating in a Digital World", 5 - 8 June 2022 Copenhagen, Denmark
ISPIM Innovation Conference
|Type of Publication:||
A4 Article in conference proceedings
|Field of Science:||
512 Business and management
© 2022 Authors.