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Cursus: 201700089
201700089
Circular Sustainable Business Development
Cursus informatie
Cursus201700089
Studiepunten (ECTS)5
CursustypeOnderwijseenheid
VoertaalEngels
Contactpersoondr. D.M. Yazan
E-maild.m.yazan@utwente.nl
Docenten
Docent
dr. L. Fraccascia
Docent
dr. Dipl.-Ing. M. Sharma
Examinator
dr. D.M. Yazan
Contactpersoon van de cursus
dr. D.M. Yazan
Docent
ir. Y. Yu
Collegejaar2023
Aanvangsblok
1A
AanmeldingsprocedureZelf aanmelden via OSIRIS Student
Inschrijven via OSIRISJa
Cursusdoelen

The aim of this course is to familiarize students with sustainable business development based on circular economic principles implemented in four phases: identification, assessment and evaluation, implementation, and monitoring sustainability. Therefore, this course is based on four main learning goals:
  1. Identify opportunities for business-making and value-recovery in line with circular economy principles
  2. Assess and evaluate the dynamic conditions influencing the decision-making and define managerial strategies for identified business opportunities in a real-life case
  3. Implement circular economic business in a real case based on the identification and assessment outcomes
  4. Monitor the sustainability of the implemented business over time based on the decisions made in the assessment phase
Inhoud
Transition from unsustainable linear economy to sustainable circular economy is a top priority of our society. Future business models will be shaped according to the circularity of our resources, which will provide employment to a wide range of engineers (industrial, mechanical, design, construction, biotechnology, chemical, etc.), business administrators, managers, and policy-makers. Do you want to be a well-equipped graduate for this transition phase to circular economy? Then, Circular Sustainable Business Development is the right course for you! This is a multi- and cross-disciplinary course open to all master students of UT.
In the context of sustainable development, circular economy plays a key role for the transition to sustainable production and consumption. It is useful for students to learn the principles of circular economy in line with the triple-bottom-line of sustainable business development, as they are expected to be the future managers and decision-makers. Triple-bottom-line concerns three P’s of sustainability: people (social sustainability), planet (environmental sustainability) and profit (economic sustainability) and students are expected to gain knowledge and insight about corporate social responsibility with a mix of these three perspectives to sustainable business development.
The course starts with a general description of sustainable and circular economy and provides several case examples/success stories at world, national and regional level (Chapter 1). Following the first week, student groups start to work on their challenge-based essay assignment, where they provide solution concepts for a specific sustainability and/or circularity challenge (group assignment - 30% of the total grade). It follows with the in-depth analysis of sustainable production zones’ contribution to regional economy in the form of bottom-up implemented industrial symbiosis and top-down implemented eco-industrial parks. Here the students will explore sustainability-oriented business model innovation by using the triple layered business model canvas (BMC) approach. BMC is generally taught from economic perspective however in this course, two additional layers namely - environmental (life cycle related) and social layer (stakeholder related) are added. This will help students to understand how a firm can generate multiple values using three (economic, environmental and social) perspectives. (Chapter 2). The main line of lectures are supported with the techniques for measuring the sustainability. In this chapter students will also learn how sustainability can impact different sectors such as manufacturing, pharmaceutical and agri-food. (Chapter 3). An open Life Cycle Assessment assignment is provided to students.Next, the level of analysis is detailed into supply chain and company levels where students learn the drivers, dynamics, and benefits of sustainable business development (Chapter 4 and 5). Chapter 4 relates to the enterprise management model focusing on value-recovery from end-of-life products, co-products, wastes, and by-products. Chapter 5 deals with company behaviour and decision-making in the transition phase from linear business models to circular economic business models. A serious game play for real-life oriented practice supports this section (group assignment - 20% of the total grade).. Methodologically, the course is supported by the use of game theory for one-to-one decision-making and use of agent-based modelling for decision-making and business strategy development.
Each chapter of the course contains case studies from energy intensive, environmentally unfriendly sectors, particularly those ones located in process industry. Last week of the course is dedicated to blue-sky topics based on the interests of students, which might relate to a specific challenge of sustainability such as food waste, electric-electronic waste, sustainable evolution of eco-industrial parks, or effective use of different information systems techniques. In order to accelerate circular economy transition. The course concludes with the individual written exam (50% of the total grade).
Deelname eisen
Bachelor students who have the possibility to follow a master course during their bachelor programme and would like to take this course can submit a motivated request no later than 14 days before the start of the quartile, containing:
  • Study progress overview from Osiris
  • Description of how the student meets the course’s prerequisites
  • Approval of the programme director (or a delegate from the student’s bachelor programme) for following this master course

The request should be sent either to Niek van der Veen (email: n.vanderveen@utwente.nl) or Ellemijn Ensink (email: e.s.ensink@utwente.nl)
 
Assessment
Written exam: 50% (individual)
Serious online game: 20% (group) (played by a group of 4-6 students, with a short written game report)
Challenge-based short essay writing: 30% (group) (written by a group of 4-6 students)

Every assignment must be passed in order to pass the course
 
Participating study
Master Industrial Engineering and Management
Participating study
Master Business Administration
Participating study
Master Business Information Technology
Participating study
Master Sustainable Energy Technology
Participating study
Master Industrial Design Engineering
Verplicht materiaal
-
Aanbevolen materiaal
-
Werkvormen
Assessment
AanwezigheidsplichtJa

Hoorcollege
AanwezigheidsplichtJa

Opdracht
AanwezigheidsplichtJa

Practicum
AanwezigheidsplichtJa

Presentatie(s)
AanwezigheidsplichtJa

Toetsen
Test, game play and short essay

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