Business Innovations Assignment Sample

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Introduction

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The people are prepared to go out there and do something to clear up the plastic that they notice about them and over half a million individuals offered their time throughout the "Great British Spring Clean" to do exactly that and companies must help the public through performing their role (Zaušková and Rezní?ková, 2020). There are over 5.7 million small and medium-sized enterprises in the UK, accounting for 99 percent of all firms therefore they require them to undertake action with the family.

Identification of the Understanding of the Challenges Facing SMEs and the Utilisation of Plastic

"BRITA UK" and "Keep Britain Tidy's" "Centre for Social Innovation" have partnered to conduct a research on how companies can help reduce the use of single-use plastics. The results of that study will be released in the coming months. Larger companies' successful measures to eliminate single-use plastic in their own organisations will be the basis for suggestions in the study. "The past several years have seen a sea shift in our knowledge of the effect of single-use plastic on the marine and broader ecosystem (Paletta et al., 2019). To watch so many well-known companies taking such significant measures toward reducing their usage of plastics, from giving employees with recyclable alternatives like water bottles and paper cups to trialling refill systems for clients, has been encouraging. BRITA is delighted to have been a part of this as a company. Contrary to popular belief, smaller businesses have been less willing than larger ones to embrace change.

One of the biggest impediments to companies taking initiative is a refusal of trade organisations adopting a leadership role and being a first mover in a sector. The study argues that this supports a motivating responsibility for trade bodies to develop resolutions to the issues presented by single-use plastic. One-third of senior decision makers in small and medium-sized enterprises (SMEs) say they are concerned about being disadvantaged in the market if they don't reduce their use of single-use plastics, while half of them (47%) say they aren't motivated at all by the chance to lead their industry in reducing single-use plastic waste (Dijkstra, van Beukering and Brouwer, 2021). Creativity and awareness are needed to ensure companies are aware of the options in their supply chains and confident in making changes, according to the data gathered. Sixty-five percent of those polled express concern regarding the high expense of environmentally friendly options, while two-thirds see this as a problem.

Demonstration of the Knowledge regarding How Innovation Address the Specific Challenges

By considering different kinds of innovations and innovative ideas in order to efficiently address this specific challenge regarding the utilisation of the single-use plastics by all the large, medium and small firms in the UK, I recommend the utilisation and implementation of nanotechnology for using to package the products. This innovation will proficiently help both the firms and the consumers to carry their products easily without getting tension for leaking, wetness for water splashes, overweight (Boon and Edler, 2018). Generally, the utilisation of "biodegradable materials" such as "cardboard", "paper", and other biodegradable items in packaging has been around for a long time, and new water-resistant compounds may be applied to cardboard to safeguard it from leakage and rain. Using nanotechnology, it is possible to reduce the thickness and expense of these coatings. "Antimicrobial nanomaterials" may also be used directly on perishable food to prevent rotting thanks to this new technique.

Paper cups coated with a novel nanotechnology-based coating developed by "Koktamills" in Finland, for instance, are entirely recyclable and re-pulpable, unlike those coated with a thin layer of plastic that is a catastrophe for recyclers. The discovery of nanoparticles' potential in packaging was made possible by their development. Upgraded, smart, or smart packaging may benefit greatly from nanoparticles, particularly Nano-clays. Since Nano-clay is inexpensive, readily available, and easy to work with, researchers have advocated it for usage in plastic packaging. In addition, Nano-clays were discovered to have a high protein absorbing capacity, making them an ideal carrier for enzymes (Sjödin et al., 2018). In terms of packing, cardboard has long reigned supreme, and it's easy to see why. Because of its strength and versatility, it may be made in almost any colour or pattern. So, I believe cardboard can be utilised as an efficient and cost-effective storage container.

Identification and Evaluation of the Key Benefits of the Innovation

One of the major advantages of using bioplastics is that they are sourced from sustainable agricultural resources. Unlike petroleum-based polymers, which are created utilising oil or other fossil fuels and take decades to decompose, this product is a greener option. A considerable amount of carbon dioxide (CO2) is emitted into the environment whenever plastics are burnt. This greenhouse gas is one of the most powerful generated by human operations. Bioplastics, on the other hand, have significant technological flaws. Brittle and heat distorting, biopolymers are not well suited for long-term processing (Sun, 2021). Limited thermal distortion temperature and low resilience to excessive heat and humidity, as well as a lack of flexibility, are some of the drawbacks of using synthetic biopolymers like PLA as food packaging materials.

By using nanofillers, the amount of typical artificial chemicals that must be added to the polymers may be dramatically reduced, which is an intriguing element of their use "increase in-density, decreased processability and surface appearance modification of the polymer". Using nanofillers in place of traditional fillers like calcium carbonate or short glass fibres may provide equivalent reinforcing performance at a weighted charge of 5-6 percent (Pascual-Fernández, Santos-Vijande and López-Sánchez, 2020). "One of the most innovative packaging materials is the use of bioplastics with biocompatible nanoparticles to create composite materials that are 100 percent biodegradable". One material is all that is needed for packaging that is both efficient and sustainable.

Conclusion

In this way, by considering the above discussion, it is concluded that the large organisations have already initiated to use biodegradable products and nanotechnology like cardboards, papers, etc. for packaging their products. However, some small and medium sized organisations also need to consider the cost of this products for maintaining the greenery throughout the world by reducing the utilisation of the single-use plastic products.