INTERSECTIONS OF PLATFORM ECONOMY, SUSTAINABILITY, SYMBIOSIS, RESOURCE EFFICIENCY, RENEWABLE ENERGY AND THE CIRCULAR ECONOMY

Abstract

At the center of global change is the rise of platform economy, sustainability, green economy, industrial symbiosis, circular economies, industry 4.0 paradigm, and resource efficiency models, which appear in an interrelated conceptual confusion of innovative paradigms. These emerging platforms and the competitive dynamics in the network society revolve around collecting and analyzing data from their interactions to achieve network effects, attracting users to a platform that can generate socio-economic value with environmental sensitivities. This study argues that the circular economy, platform economy, renewable energy and resource efficiency have intersections and close relations with digitalization. It is tried to identify the points of harmony and intersections in this field's great confusion of concepts. In addition, it is argued that the digitization accelerated by Industry 4.0, supports a more sustainable circular economy, platform economies, and therefore industrial symbiosis, and solutions are suggested for the perfect order by revealing the close linear inter-relationships. This study examines the impact of digitalization, circular economies, and sustainability on the development of more efficient processes. It aims to mimic the wasteless and flawless order found in the universe to reduce waste, transaction costs, and ensure the production of healthier products. Here, it is argued that the environmental and intelligent engineering of Industry 4.0 should be guided by a more sustainable, symbiotic, platform-based, digital, and circular operating way and should include theological dimensions besides the material production dimension.