Kaewunruen S., Cheng Lee B. Z., Lı D., Teuffel P., Dönmez Çavdar A., Valta O., ...Daha Fazla
ECO4ALL Mid-Term International Conference, Iasi, Romanya, 09 Mayıs 2025, ss.286-295, (Tam Metin Bildiri)
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Yayın Türü:
Bildiri / Tam Metin Bildiri
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Doi Numarası:
10.47743/eco4all.2025.1.21
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Basıldığı Şehir:
Iasi
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Basıldığı Ülke:
Romanya
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Sayfa Sayıları:
ss.286-295
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Karadeniz Teknik Üniversitesi Adresli:
Evet
Özet
Externality is either an indirect cost or indirect benefit that is caused by one party but
financially incurred or received by another. Externalities can be negative or positive. A
negative externality is the indirect imposition of a cost by one party onto another. A
positive externality, on the other hand, is when one party receives indirect benefit as a
result of actions taken by another. For a successful business model of any publicly funded project, direct and indirect benefits and costs must be fully established to derive a positive
business case (e.g. based on benefit over cost ratio). This paper contributes to Eco4All by
deriving new insights into the stakeholders’ challenges, consumers’ value chain, business
processes and obstacles in the implementation of circular economy concepts within smart
city environments. The main aim of the study is to determine externalities and enable the
policies to implement a common circularity framework for inclusive application and
assessment in smart cities to support decision-making for all value chain stakeholders and
consumers enhancing the implementation level of the European Circular Economy Action
Plan (ECEAP). Based on extensive industry expert interview, our new findings reveal the
lack of value transfer across stakeholders and consumers, and there is an urgent need for
more actionable and pragmatic solutions for circularity (including technology enabler,
social value enabler, circular business model, human capability & behavior, and standard
& legislation).