The Development of Circular Economy Within the Building Industry. A study focusing on Sweden and Denmark
(2024) EOSK12 20241Department of Economic History
- Abstract
- The building industry is one of the most polluting sectors and consumers of resources. Simultaneously, demand for housing is increasing and resources are becoming scarce. Therefore, circular practices have gained emphasis to possibly leverage this problem. This paper aims to try and explain how the development of circular practices can be explained by the Innovation Diffusion Theory (IDT). This paper adopts a qualitative method with semi-structured interviews to gain a deeper understanding of the subsequent issues. Here, as circular practices are at their early stage of development, the IDT framework was used to explain what is hindering and enabling the development of these practices in the early stage. It also sheds some light on... (More)
- The building industry is one of the most polluting sectors and consumers of resources. Simultaneously, demand for housing is increasing and resources are becoming scarce. Therefore, circular practices have gained emphasis to possibly leverage this problem. This paper aims to try and explain how the development of circular practices can be explained by the Innovation Diffusion Theory (IDT). This paper adopts a qualitative method with semi-structured interviews to gain a deeper understanding of the subsequent issues. Here, as circular practices are at their early stage of development, the IDT framework was used to explain what is hindering and enabling the development of these practices in the early stage. It also sheds some light on possible ways to further develop circular practices for this innovation to perhaps be more diffused. Therefore, the results highlighted the result that the lack of regulations and financial incentives is slowing down the innovation adoption process since no framework is placed, which feeds risk perception. The results also showed that the development of technologies and collaborative networks has a positive impact on the rate of diffusion of circular practices but still remains slow as of today. Therefore more collaboration between the private and the public sector is needed to make the building industry more sustainable. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9166296
- author
- Corcoran, Lucile LU
- supervisor
-
- Kirk Scott LU
- organization
- course
- EOSK12 20241
- year
- 2024
- type
- M2 - Bachelor Degree
- subject
- keywords
- Circular Economy, Circular Building, Waste Reduction, Ressource Management
- language
- English
- id
- 9166296
- date added to LUP
- 2024-06-24 12:18:55
- date last changed
- 2024-06-24 12:18:55
@misc{9166296,
abstract = {{The building industry is one of the most polluting sectors and consumers of resources. Simultaneously, demand for housing is increasing and resources are becoming scarce. Therefore, circular practices have gained emphasis to possibly leverage this problem. This paper aims to try and explain how the development of circular practices can be explained by the Innovation Diffusion Theory (IDT). This paper adopts a qualitative method with semi-structured interviews to gain a deeper understanding of the subsequent issues. Here, as circular practices are at their early stage of development, the IDT framework was used to explain what is hindering and enabling the development of these practices in the early stage. It also sheds some light on possible ways to further develop circular practices for this innovation to perhaps be more diffused. Therefore, the results highlighted the result that the lack of regulations and financial incentives is slowing down the innovation adoption process since no framework is placed, which feeds risk perception. The results also showed that the development of technologies and collaborative networks has a positive impact on the rate of diffusion of circular practices but still remains slow as of today. Therefore more collaboration between the private and the public sector is needed to make the building industry more sustainable.}},
author = {{Corcoran, Lucile}},
language = {{eng}},
note = {{Student Paper}},
title = {{The Development of Circular Economy Within the Building Industry. A study focusing on Sweden and Denmark}},
year = {{2024}},
}