Enhancing risk awareness of new and emerging technology implementation, case circular economy

Research output: Chapter in Book/Report/Conference proceedingChapter or book articleProfessional

Abstract

In this study we describe the need for risk management approaches that facilitate studying major economic changes and taking into account the impacts of new and emerging technologies. We took circular economy as a case study because the current change from a linear economy to a circulation economy creates positive environmental, economic and social impacts. However, circulation economy creates,in addition to opportunities, also new risks. The results show that industry already works in the field of circular economy. However, the managing of risks and opportunities are not at the conscious level, but rather exist randomly.
Original languageEnglish
Title of host publicationTowards a new era in manufacturing
Subtitle of host publicationFinal report of VTT's For Industry spearhead programme
EditorsJaakko Paasi
PublisherVTT Technical Research Centre of Finland
Pages165-168
ISBN (Electronic)978-951-38-8513-7
ISBN (Print)978-951-38-8514-4
Publication statusPublished - 2017
MoE publication typeD2 Article in professional manuals or guides or professional information systems or text book material

Publication series

NameVTT Technology
PublisherVTT
Volume288
ISSN (Print)2242-1211
ISSN (Electronic)2242-122X

Fingerprint

Circular economy
Emerging technologies
Technology implementation
Economic impact
Industry
Economic change
Environmental economics
Risk management
Environmental impact

Cite this

Molarius, R., Keränen, J., Sarsama, J., & Poussa, L. (2017). Enhancing risk awareness of new and emerging technology implementation, case circular economy. In J. Paasi (Ed.), Towards a new era in manufacturing: Final report of VTT's For Industry spearhead programme (pp. 165-168). VTT Technical Research Centre of Finland. VTT Technology, Vol.. 288
Molarius, Riitta ; Keränen, Jaana ; Sarsama, Janne ; Poussa, Liisa. / Enhancing risk awareness of new and emerging technology implementation, case circular economy. Towards a new era in manufacturing: Final report of VTT's For Industry spearhead programme. editor / Jaakko Paasi. VTT Technical Research Centre of Finland, 2017. pp. 165-168 (VTT Technology, Vol. 288).
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Molarius, R, Keränen, J, Sarsama, J & Poussa, L 2017, Enhancing risk awareness of new and emerging technology implementation, case circular economy. in J Paasi (ed.), Towards a new era in manufacturing: Final report of VTT's For Industry spearhead programme. VTT Technical Research Centre of Finland, VTT Technology, vol. 288, pp. 165-168.

Enhancing risk awareness of new and emerging technology implementation, case circular economy. / Molarius, Riitta; Keränen, Jaana; Sarsama, Janne; Poussa, Liisa.

Towards a new era in manufacturing: Final report of VTT's For Industry spearhead programme. ed. / Jaakko Paasi. VTT Technical Research Centre of Finland, 2017. p. 165-168 (VTT Technology, Vol. 288).

Research output: Chapter in Book/Report/Conference proceedingChapter or book articleProfessional

TY - CHAP

T1 - Enhancing risk awareness of new and emerging technology implementation, case circular economy

AU - Molarius, Riitta

AU - Keränen, Jaana

AU - Sarsama, Janne

AU - Poussa, Liisa

PY - 2017

Y1 - 2017

N2 - In this study we describe the need for risk management approaches that facilitate studying major economic changes and taking into account the impacts of new and emerging technologies. We took circular economy as a case study because the current change from a linear economy to a circulation economy creates positive environmental, economic and social impacts. However, circulation economy creates,in addition to opportunities, also new risks. The results show that industry already works in the field of circular economy. However, the managing of risks and opportunities are not at the conscious level, but rather exist randomly.

AB - In this study we describe the need for risk management approaches that facilitate studying major economic changes and taking into account the impacts of new and emerging technologies. We took circular economy as a case study because the current change from a linear economy to a circulation economy creates positive environmental, economic and social impacts. However, circulation economy creates,in addition to opportunities, also new risks. The results show that industry already works in the field of circular economy. However, the managing of risks and opportunities are not at the conscious level, but rather exist randomly.

M3 - Chapter or book article

SN - 978-951-38-8514-4

T3 - VTT Technology

SP - 165

EP - 168

BT - Towards a new era in manufacturing

A2 - Paasi, Jaakko

PB - VTT Technical Research Centre of Finland

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Molarius R, Keränen J, Sarsama J, Poussa L. Enhancing risk awareness of new and emerging technology implementation, case circular economy. In Paasi J, editor, Towards a new era in manufacturing: Final report of VTT's For Industry spearhead programme. VTT Technical Research Centre of Finland. 2017. p. 165-168. (VTT Technology, Vol. 288).