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The transition of circular economy in the Dutch housing industry

Slot, N.A. (2019) The transition of circular economy in the Dutch housing industry.

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Abstract:The concept of circular economy (CE) is getting increasingly more from academia, policymakers, and the industry as the solution that should reduce negative environmental impacts and positively contributes to the economic growth The Dutch government has set the high ambitions to have a CE by 2050, with the construction sector as one of the priority sectors. The initiating term of Schumpeter's (1934) business cycle theory that CE has initiated a new business cycle in the Dutch housing center. Data for this argument is collected through an assessment of the CE strategies with the use of a CE strategy framework. The main results show that the Dutch housing sector could be positioned at the of the introduction phase. The sector is no longer sceptic over CE nd believes that if they do not move, they fall behind with their competitors. Moreover, the interviewed Dutch contractors have not included reverse cycles in their CE strategy, due to the difficulty of estimating the residual value of a house. This barrier prevents them from making profit with their CBM. Future research should therefore be focused on estimating the residual value of a house. If resolved it could lead to a radical change that brings the Dutch housing sector to the next phase in the business cycle.
Item Type:Essay (Master)
Faculty:ET: Engineering Technology
Subject:56 civil engineering
Programme:Construction Management and Engineering MSc (60337)
Link to this item:https://purl.utwente.nl/essays/79188
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