Integration of new business models (circular economy, collaborative economy, service economy).

– The deployment of new business models (economy of functionality, collaborative economy, circular economy, etc.)

It’s a shift from an “ownership economy” to an “access economy”—or “on-demand economy”—in which access to an asset takes precedence over ownership.

By optimising the use of material resources, the functionality economy contributes to a more sustainable economy.

Production and distribution of goods and services: sustainable supply of resources, ecodesign, industrial and territorial ecology and efficient design;

Production and distribution of goods and services: sustainable supply of resources, ecodesign, industrial and territorial ecology and efficient design;

Production and distribution of goods and services: sustainable supply of resources, ecodesign, industrial and territorial ecology and efficient design;

Production and distribution of goods and services: sustainable supply of resources, ecodesign, industrial and territorial ecology and efficient design;

The functionality economy, by organising the collective use of individual goods, enables the division of these costs and the realisation of productivity gains that are potentially immense.

Topics covered in class include: smart grids & smart metering, big data analytics, energy consumption of digital activities, product eco-design, economy of functionality.

Economics of functionality: collaborative economy that favors use over possession and thus tends to sell services related to products rather than the products themselves

Prevention, eco-design, recycling, re-use and the product-service system are all business opportunities for companies that want to develop a more open, better performing and more resilient business model.