Definition
Industrial symbiosis describes synergistic business relationships between traditionally separated industrial entities, resulting from networked endeavors to collaborative manage material or energetic resources, infrastructures, capacities, or know-how. Nonindustrial organizations can be included as well. By establishing mutually beneficial interlinkages between participants, such a network achieves more efficient use of materials, energy, or other resources, and thus accomplishes both higher business profit and reduced adverse impacts on the environment. Interfirm valorization of by-products and wastes is one common feature of industrial symbiosis.
Introduction
In natural ecosystems, a symbiosis captures a close interaction of living species. As an analogy, industrial symbiosis refers to complexly interlinked companies or other organizations in an industrialized environment. The widely cited...
References
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Kusch-Brandt, S. (2021). Industrial Symbiosis. In: The Palgrave Encyclopedia of Urban and Regional Futures. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-51812-7_213-1
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DOI: https://doi.org/10.1007/978-3-030-51812-7_213-1
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