Exploring the enablers and barriers of circular economy and blockchain adoption in the construction industry

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2023-1-26

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Şahin, Ufuk

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Due to the take, make, and dispose of principle, which is the result of the linear economy model, massive natural resource exploitation of the construction industry (CI) results in various undesired environmental side effects. The circular economy (CE) concept emerged to alleviate negative impacts and change linear processes with circular ones. In this context, the successful use of CE in the construction industry can significantly contribute to remarkable reductions in gas emissions, massive natural resource consumption, and waste generation. Moreover, integrating digital technologies, particularly blockchain (BC), into the process is claimed to accelerate and enable CE adoption and success, while several barriers hinder such adoption. In this study, the enablers and barriers of adopting CE and BC were identified using a literature review and categorized according to the Technology-Organization-Environment (TOE) framework. Next, a survey was performed to explore the perspectives of construction-related professionals regarding the effect of each enabler and barrier on CE and BC adoption. Lack of sector awareness, BC and CE experienced stakeholders, lack of sufficient incentivization, inherent properties of CI, and difficulties in changing settled habits are revealed to be the prominent factors hindering adoption. The prominent enablers are educating sector participants, increased government incentives, and new regulations. The findings of this study can support decision-makers in planning and transforming the construction industry into a blockchain-supported circular economy.

Subject Keywords

Construction industry, Transition, Circular economy, Blockchain technology, Challenging and enabling factors

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https://hdl.handle.net/11511/102099

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Graduate School of Natural and Applied Sciences, Thesis

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Citation Formats

U. Şahin, “Exploring the enablers and barriers of circular economy and blockchain adoption in the construction industry,” M.S. - Master of Science, Middle East Technical University, 2023.