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Recycle Economy in Industry Aggregation: A View of Institutional Supply

Author(s): Haiyan Shang

Journal: Journal of Sustainable Development
ISSN 1913-9063

Volume: 1;
Issue: 1;
Date: 2009;
Original page

Industry aggregation is based on the division of related industries. This kind of aggregation saves costs of transaction, enhance further innovation and economy of scale, and at the same time, create preconditions for internal recycle economy. Generally speaking, a nice institution can drive division. Therefore, the government should guarantee the institutional supply properly, pushing the division of recycle economy.
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