Suchergebnisse

Abstract Interest in Arctic issues has been growing in recent years. From an economic perspective, the Barents Region is of significant interest due to substantial investment projects. The European Union has strengthened its presence and influence in the region, playing a role in combatting climate change and optimizing opportunities for northern economic activity. Simultaneously, there have been intentions to narrow the gap between public policy and the private sector to more efficiently exploit business opportunities in the North. Promoting the Arctic's potential for business development and building stronger co-operation between the region's actors are among the recent activities in Arctic development. Innovation hubs generate new businesses from ideas and innovations. They operate in global networks by creating added value and attracting more investment capital and talent. This article explores innovation hubs in three regions in Northern Europe—Oulu (Finland), Luleå (Sweden), and Tromsø (Norway). The article examines, through an innovation hub framework, what kind of business development activities are generating growth in these innovation hubs, and what the differences are between these regions. This article discusses whether it is beneficial to have similar innovation service structures in every region, or if connected Arctic innovation hubs that strengthen Arctic co-operation is a better approach. More intensive co-operation between Arctic actors is most likely to require specific actions.

Abstract The increasing pressure on natural resources and the climate has been noted by businesses and governments worldwide, who now face the difficult task of integrating paths of environmental sustainability and economic growth. One promising approach to sustainable development, reducing the pressure on natural resources and solving waste problems is circular economy. From different ways of implementing circular economy, this study focuses on the productization of industrial side streams, which carry a great deal of underutilized potential. In this article, the productization of pulp and paper industry side stream, fiber sludge, for commercial use as a dust-binding agent is studied via a descriptive, in-depth case study. Apart from inconsistent quality, fluctuating supply, cost of storage and logistics, what makes industrial side stream utilization challenging is the lack of knowledge that stakeholders have about side streams and their utilization and the lack of new value chain development for their commercial use. Therefore, it is essential for all parties involved to have a clearer vision of what is being sold for what purposes, through productization. This study found that the productization of side streams follows the same steps as the productization of any other traditional product, and the productized side streams can be added to the company's product portfolio as by-products.

Abstract New legislation and emissions trading increase pressures for the industry to find new environmentally sound solutions. This research analyses the utilisation of carbon monoxide (CO), formed in steel mills from the emissions reduction viewpoint. The research studies possibilities of combining steel and chemical productions from economic and environmental perspectives. The analysis includes considering emissions costs and electricity price, when CO is converted into chemical products. The results prove the economic profitability of a steel mill selling CO gas to a chemical producer instead of using it for energy production, while CO₂ emissions are simultaneously reduced.