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In this entry, the Eco-Industrial Park (EIP) is defined as a business community of manufacturing and service businesses seeking enhanced environmental and economic performance through collaboration in managing environmental and resource issues, including for instance energy, water, and materials. An EIP seeks collective benefits that outweigh the sum of individual benefits that each participating organization would realize by optimizing its own performance only. Usually EIP refers to the formation of interfirm industrial symbiosis. Symbiosis includes the idea of biomimicry, a similar means to that which takes place in nature when different species exchange energy, information, or material in a synergistic fashion, benefiting all of those involved. For instance, industrial applications intentionally mimic the material flows of biological ecosystems in an industrial...
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