Functional Economy


Economic Models, Challenges and Innovation Dynamics


Volume 44 - Smart Innovation SET by Dimitri Uzunidis

Functional Economy

Céline Merlin-Brogniart, Université de Lille (Clersé laboratory), France.


ISBN : 9781848218772

Publication Date : November 2024

Hardcover 254 pp

165.00 USD

Co-publisher

Description


Functional Economy is a concept that is often associated with ecological transition and sustainable development. It prioritizes the use of a service or good rather than its sale, and tends to encourage cooperation. This model supports the transition to a more ecological and equitable economic and social environment.

This book presents the different approaches to the Functional Economy and the ways in which the various players (companies, public institutions and citizens) are adopting and adapting them through innovation. Depending on their degree of sustainability and their scope, these innovations can have major economic, social and environmental impacts.

Particularly at the local territorial level, those involved in innovation need to be supported as closely as possible if they are to overcome the hurdles they face and reap the rewards of the transformations brought about by this socio economic model, which is built around functionality.

Contents


1. The Emergence of the Functional Economy: Context and Approaches.
2. Economic Model and Innovation Dynamics.
3. Functional Economy Challenges and Difficulties.

About the authors/editors


Céline Merlin-Brogniart is Associate Professor in economics at the Université de Lille (Clersé laboratory), France. Her research field is service innovation, and her recent work focuses on sustainable economic models, territorial development and social innovation.