DOI: 10.36871/ek.up.p.r.2020.11.02.018
UDC 338.1

Authors

A. P. DROZDOVA,
Candidate of Economic Sciences, Associate Professor of the Department of Security of High-Tech Systems, St. Petersburg State University of Aerospace Instrumentation, St. Petersburg, Russia
S. M. MOLCHANOVA,
Candidate of Economic Sciences, Associate Professor of the Department of Economics of High-Tech Production, Saint-Petersburg State University of Aerospace Instrumentation, Saint-Petersburg, Russia
A. V. SAMOYLOV,
Doctor of Economic Sciences, Professor of the Department of Security of High-Tech Systems, St. Petersburg State University of Aerospace Instrumentation, St. Petersburg, Russia

Abstract

The article notes the impact of urbanization and industrialization on the deterioration of the ecological situation, the formation of a destructive way of thinking and the emergence of economic, social and political problems in the world community. The necessity of minimizing the negative consequences of production processes through a closed life cycle of a product through reduction, processing and reuse is revealed. The features of the implementation of modern business models by a circular economy in sectors of the economy, focusing on a circular approach to energy and material resources, positively affecting the sustainable development of man and nature, are considered. Attention is paid to the issues of reverse logistics, industrial ecosystems, business models of a system of products and services, innovative business models of a closed cycle in the concept of a circular economy. The special role of the concept of Industry 4.0 and the impact of digital transformation on manufacturing industries is highlighted. The need for joint efforts of the world community to create a global system of a closed economy with opportunities for waste processing, climatic efficiency was emphasized on the example of the experience of some countries. The authors propose the provision of benefits to enterprises participating in the circular chain and the improvement of innovative and digital technologies for sustainable economic development.

Keywords

economic growth, industrialization, technological progress, life cycle, circular economy, resource, energies, business model, utilization, sustainable development.