Enhanced Circular Economy
Enhanced Circular Economy in a Round-A-Bout Economy is a business model that emphasizes sustainability and resource efficiency. It involves designing products and services with a focus on reducing waste, minimizing the use of non-renewable resources, and maximizing the value of materials throughout their lifecycle.
Eliminate Barriers to Innovation
Eliminating Barriers to Innovation is a strategy that aims to promote entrepreneurship and innovation by removing obstacles that hinder the development and adoption of new ideas and technologies. Barriers to innovation can take many forms, including regulatory hurdles, market access barriers, lack of access to financing, supply chain and limited access to information and technology.
Eliminate Waste Through Innovation
Eliminating waste through innovation is a strategy that aims to promote sustainability by reducing waste and promoting resource efficiency through innovative solutions. This strategy involves designing products and services that minimize waste, promoting circular business models that extend the life of products and materials, and developing new technologies and processes that reduce resource consumption and waste generation.
Value Added Outputs
Value-added outputs are goods or services that are improved or transformed through production, resulting in a higher market value than the original inputs. Examples include processed foods, high-tech gadgets, and customized products or services that offer unique features or benefits. Value added can also come from branding, customer service or other elements that differentiate a product or service from its competitors.
Collaborate for Joint Value
Collaboration for Joint Value is working together across organizations, industries, and sectors to create shared value and promote sustainable economic growth. By collaborating for joint value, organizations can leverage complementary strengths, share knowledge and expertise, and pool resources to promote economic growth and development while promoting sustainability and social and environmental well-being.
