Our project partners from Linköping University have just released a CORALIS-based scientific publication titled, “A Business Value Framework for Industrial Symbiosis,” authored by Murat Mirata, Axel Lindfors and Marianna Lena Kambanou, published in the Journal of Industrial Ecology.
Industrial symbiosis is a collaborative approach where businesses work together to manage resources more efficiently, focusing on secondary material and energy flows to reduce waste. While it’s known to create business value, the specific types of value and how they are generated have not been fully explored. This gap can limit the adoption of industrial symbiosis by businesses and policymakers.
This publication addresses this gap by presenting a comprehensive framework that outlines the diverse business value propositions of industrial symbiosis. The framework, developed through literature review and interviews with industry experts, is categorized into four key areas: costs, revenues, risks and soft values. It not only highlights the benefits of industrial symbiosis but also offers practical applications, such as aiding in negotiations related to pricing and governance.
The article is open access. You can read it in full here.
