Business Models of Reproduction Cycles for Digital Economy

Abstract

The intensive use of non-renewable resources and torn technological cycles is the cause for the total destruction of the planet’s ecosystems. The transition of production systems to renewable resources and closed circular cycles can ensure long-run sustainability of economic activities. Circular technologies as the basis of business processes guarantee sustainable transformation of the usual economy to digital one. The reproduction of economic activities in the closed integral cycle “production-interfacing-consumption-recyclingproduction” is the principal condition for the successful functioning of business processes. The scientific grounding, design and practical implementation of reproductive circular business processes create the platform for building a digital economy and ensures ecosystems sustainability. The research focuses on the modeling, design and practical implementation (introduction, testing, refinement, and adaptation to specific conditions) of reproductive circular business processes. The research models economic activity and communication of the economic agents in the main areas of the digital economy.