A Comparison of Best Practices of Public and Private Support Incentives for the Remanufacturing Industry
In the context of resource constraints and the negative environmental and social impacts of the linear "take-make-dispose" pattern, remanufacturing offers a promising solution for the transformation of end of life (EOL) goods into products with equal or superior specifications and lifetime as compared with newly produced goods. The increasing success of this new industrial paradigm results from the possible combination of production costs reduction and profit maximization as well as efforts to increase environmental performance and harvest social benefits, such as job creation. However, a large number of countries faces challenges in building a valuable process because of the lack of communication between public and private stakeholder and the remanufacturing industry. This paper intends to identify and classify the key stakeholders in categories and define the type of actions taken in selected countries to foster remanufacturing. Guidance for both public and private actors are suggested for the development of specific remanufacturing industries.