Project description
Business models for sustainable products and services
The delocalisation of production plants and the instability of various industrial sectors pose significant challenges for the EU. It is crucial to reassess and adapt business models to ensure sustainable products and processes. By leveraging digital technologies and harnessing secondary resources that are currently wasted without recovery, the EU can meet these new requirements. The EU-funded FENIX project examines business models and industrial strategies based on the circular economy paradigm. Its goal is to facilitate the development of products and services, which will be demonstrated in existing pilot plants that have been appropriately reconfigured and integrated. The project's outcomes have the potential to enable the easy re-use, reconfiguration, and modularisation of production systems, exploit overcapacity, and revitalise industrial centres across Europe.
Objective
The European Union faces several challenges caused by globalization. Both the delocalization of production plants (leading to more imported products) and the instability characterizing several industrial sectors force economies to re-think their business models and re-adapt them in a new context, where the sustainability of products and processes is more relevant. Within this overall framework, the need to think about innovative business models and industrial strategies, able to answer to these new requirements is mandatory. One chance is the exploitation of digital technologies. Another is the exploitation of secondary (and critical) resources that, currently, are wasted without any recovery. The project FENIX wants to consider both these issues and their potential at the same time, proposing something that could allow Europe to re-appropriate its pertaining position in the global market. The idea is to study innovative business models and industrial strategies (based on the circular economy paradigm) enabling the development of new product-services through the definition of novel supply chains, resulting from an unconventional mix of current ones. This could allow the easy re-use, reconfiguration and modularization of production systems, the exploitation of overcapacity and the renaissance of industrial poles all over the Europe. Furthermore, the circular economy driven business models and industrial strategies proposed by project FENIX will be demonstrated in existing pilot plants, adequately reconfigured and integrated based circular economy needs.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- social sciences economics and business business and management business models
- social sciences economics and business economics sustainable economy
- social sciences other social sciences development studies development theories global development studies globalization
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.2.1.5. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Advanced manufacturing and processing
MAIN PROGRAMME
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H2020-EU.2.1.5.4. - New sustainable business models
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
RIA - Research and Innovation action
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-NMBP-2016-2017
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
1130 Wien
Austria
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.