Circular corporate culture
Shifting from a linear to a circular economy: conditions, constraints, opportunities and timelines
From traditional factories to advanced ones that care about the environment and the impact of their activities on the territory and society, or, in other words, moving from a traditional economy to a circular economy, with all that this entails, including what is perhaps the most important feature, a new production culture that is different from the preceding one.
These are the topics that Piero Bonavero and Paolo Falconier tackle in “Economia circolare, istituzioni e imprese nella transizione post-pandemica: due esempi nel settore aerospaziale in Italia” (“Circular economy, institutions and enterprises in the post-pandemic transition: two examples from the aerospace industry in Italy”), their contribution recently published in Documenti geografici (Geographic documents), the open-access journal by Tor Vergata University of Rome.
As explained by the authors, the research paper aims to identify and illustrate some of the factors that, both now and in recent years, have determined – and continue to do so – an acceleration within the transition process from a linear to a circular economy within a European context, by taking into consideration what essentially comes down to three main themes: the entrepreneurial world’s changed attitude towards the topic, a greater drive for the transition provided by institutions operating on different geographical scales, and the health emergency brought about by the COVID-19 pandemic. Indeed, this latter factor has been seen – and rightfully so – as an opportunity, too: a “post-pandemic reboot” based on new organisational models of economy and society. This revised notion concerning production and doing business is, in its turn, also dependant on at least four other main transitions: the environmental, technological, economic and social ones.
Thus, Bonavero and Falconier’s contribution begins by fine-tuning the concept of circular economy and then explores the topic more in depth, shifting the focus from “theory” to “practice”. It then goes on to examine the role that institutions play and, more in particular, that of the PNRR (the Italian recovery and resilience plan), before analysing the cases of two specific companies currently engaged in the transition toward the circular economy – these are two Italian SMEs operating in the aerospace industry, LMA srl and Superelectric srl.
Finally, Bonavero and Falconier’s investigation concludes by emphasising the crucial value that institutions have in bridging the temporal gap existing between (short- and medium-term) costs, which companies must bear while transitioning towards the circular economy, and the (long-term) financial benefits that such a shift involves for these same companies – a challenge that must indeed be overcome, to ensure the gradual and effective advancement of corporate culture, too.
“Economia circolare, istituzioni e imprese nella transizione post-pandemica: due esempi nel settore aerospaziale in Italia” (“Circular economy, institutions and enterprises in the post-pandemic transition: two examples from the aerospace industry in Italy”)
Piero Bonavero – Paolo Falconier, in Documenti geografici, Tor Vergata University
https://www.documentigeografici.it/index.php/docugeo/article/viewFile/342/294
Shifting from a linear to a circular economy: conditions, constraints, opportunities and timelines
From traditional factories to advanced ones that care about the environment and the impact of their activities on the territory and society, or, in other words, moving from a traditional economy to a circular economy, with all that this entails, including what is perhaps the most important feature, a new production culture that is different from the preceding one.
These are the topics that Piero Bonavero and Paolo Falconier tackle in “Economia circolare, istituzioni e imprese nella transizione post-pandemica: due esempi nel settore aerospaziale in Italia” (“Circular economy, institutions and enterprises in the post-pandemic transition: two examples from the aerospace industry in Italy”), their contribution recently published in Documenti geografici (Geographic documents), the open-access journal by Tor Vergata University of Rome.
As explained by the authors, the research paper aims to identify and illustrate some of the factors that, both now and in recent years, have determined – and continue to do so – an acceleration within the transition process from a linear to a circular economy within a European context, by taking into consideration what essentially comes down to three main themes: the entrepreneurial world’s changed attitude towards the topic, a greater drive for the transition provided by institutions operating on different geographical scales, and the health emergency brought about by the COVID-19 pandemic. Indeed, this latter factor has been seen – and rightfully so – as an opportunity, too: a “post-pandemic reboot” based on new organisational models of economy and society. This revised notion concerning production and doing business is, in its turn, also dependant on at least four other main transitions: the environmental, technological, economic and social ones.
Thus, Bonavero and Falconier’s contribution begins by fine-tuning the concept of circular economy and then explores the topic more in depth, shifting the focus from “theory” to “practice”. It then goes on to examine the role that institutions play and, more in particular, that of the PNRR (the Italian recovery and resilience plan), before analysing the cases of two specific companies currently engaged in the transition toward the circular economy – these are two Italian SMEs operating in the aerospace industry, LMA srl and Superelectric srl.
Finally, Bonavero and Falconier’s investigation concludes by emphasising the crucial value that institutions have in bridging the temporal gap existing between (short- and medium-term) costs, which companies must bear while transitioning towards the circular economy, and the (long-term) financial benefits that such a shift involves for these same companies – a challenge that must indeed be overcome, to ensure the gradual and effective advancement of corporate culture, too.
“Economia circolare, istituzioni e imprese nella transizione post-pandemica: due esempi nel settore aerospaziale in Italia” (“Circular economy, institutions and enterprises in the post-pandemic transition: two examples from the aerospace industry in Italy”)
Piero Bonavero – Paolo Falconier, in Documenti geografici, Tor Vergata University
https://www.documentigeografici.it/index.php/docugeo/article/viewFile/342/294