首页|Unveiling barriers to the integration of blockchain-based circular economy and Industry 5.0 in manufacturing industries: A strategic prioritization approach

Unveiling barriers to the integration of blockchain-based circular economy and Industry 5.0 in manufacturing industries: A strategic prioritization approach

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  • NETL
  • NSTL
  • Wiley
Although Industry 4.0 plays the role of a catalyst in the transition from a linear econ- omy to a circular economy (CE), some sustainability goals are neglected by prioritizing machines over humans. Industry 5.0 insists on combining technology with human values to achieve sustainable development goals. Therefore, the integration of CE and Industry 5.0 leads to sustainable synergy in various industries, especially in manufacturing industries. However, their integration is always associated with chal- lenges and barriers. This study identifies a set of these barriers in the electric vehicle battery production industry from the financial, technical, supply chain, cultural, and regulatory and processes perspectives through a deep literature review. The fuzzy weighted influence non-linear gauge system method is used to analyze the relation- ship between identified barriers and their prioritization. Finally, we leverage the knowledge of four experts from an electric vehicle battery manufacturing company in Southeast Asia to validate the proposed approach and to rank the barriers. The results demonstrate that immature technology providers are the biggest obstacle in the integration of blockchain-based CE and Industry 5.0 in the electric vehicle battery manufacturing industry.

blockchain technologycircular economyelectric vehicle battery productionfuzzy weighted influence nonlinear gauge system methodIndustry 4.0Industry 5.0

Devika Kannan、Alireza Shamekhi Amiri、Mayssam Tarighi Shaayesteh、Arash Khalili Nasr、Hassan Mina

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Centre for Sustainable Operations and Resilient Supply Chains(CSORSC),Adelaide Business School and Institute for Sustainability,Energy and Resources,University of Adelaide,Adelaide,South Australia,Australia||School of Business,Woxsen University,Sadasivpet,India||Centre for Sustainable Supply Chain Engineering,Department of Technology and Innovation,University of Southern Denmark,Odense,Denmark

Department of Industrial Engineering,Faculty of Engineering,Khatam University,Tehran,Iran

Department of Information Technology and Decision Sciences,G.Brint Ryan College of Business,University of North Texas,Denton,USA

Graduate School of Management and Economics,Sharif University of Technology,Tehran,Iran

Prime School of Logistics,Saito University College,Petaling Jaya,Malaysia

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2024

10.1002/bse.3886

Business strategy and the environment

Business strategy and the environment

ISSN：0964-4733
年,卷(期)：2024.33(8)
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