IDEAS home Printed from https://ideas.repec.org/a/aes/amfeco/v20y2018i48p294.html
   My bibliography  Save this article

SMEs and the Circular Economy: From Policy to Difficulties Encountered During Implementation

Author

Listed:
  • Mihaela Ghenta

    (National Scientific Research Institute for Labour and Social Protection (INCSMPS))

  • Aniela Matei

    (National Scientific Research Institute for Labour and Social Protection (INCSMPS))

Abstract

Circular economy is a concept that currently received a particular attention due to its contribution to the European objectives related to economic development under restrictive environmental conditions, in other words, the implementation of circular economy activities is essential to maintain and increase the competitiveness of the European economy. The aim of this paper is to contribute to the understanding of the concept of circular economy, of its different dimensions, and in the same time of the difficulties experienced by small and medium-sized enterprises in the process of implementing such activities, at national level. In order to achieve these objectives, data related to the activity of SMEs in Romania regarding circular economy, gathered within Flash Eurobarometer 441 coordinated by the European Commission during April 2016, were analysed. Although the

Suggested Citation

  • Mihaela Ghenta & Aniela Matei, 2018. "SMEs and the Circular Economy: From Policy to Difficulties Encountered During Implementation," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 20(48), pages 294-294.
    • Handle: RePEc:aes:amfeco:v:20:y:2018:i:48:p:294
    as

    Download full text from publisher

    File URL: http://www.amfiteatrueconomic.ro/temp/Article_2720.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Vasileios Rizos & Arno Behrens & Wytze Van der Gaast & Erwin Hofman & Anastasia Ioannou & Terri Kafyeke & Alexandros Flamos & Roberto Rinaldi & Sotiris Papadelis & Martin Hirschnitz-Garbers & Corrado , 2016. "Implementation of Circular Economy Business Models by Small and Medium-Sized Enterprises (SMEs): Barriers and Enablers," Sustainability, MDPI, vol. 8(11), pages 1-18, November.
    2. Ana-Maria Zamfir & Cristina Mocanu & Adriana Grigorescu, 2017. "Circular Economy and Decision Models among European SMEs," Sustainability, MDPI, vol. 9(9), pages 1-15, August.
    3. Rizos, Vasileios & Tuokko, Katja & Behrens, Arno, 2017. "The Circular Economy: A review of definitions, processes and impacts," CEPS Papers 12440, Centre for European Policy Studies.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Vítor Domingues Martinho & Paulo Reis Mourão, 2020. "Circular Economy and Economic Development in the European Union: A Review and Bibliometric Analysis," Sustainability, MDPI, vol. 12(18), pages 1-25, September.
    2. Nathalia Suchek & João J. Ferreira & Paula O. Fernandes, 2022. "A review of entrepreneurship and circular economy research: State of the art and future directions," Business Strategy and the Environment, Wiley Blackwell, vol. 31(5), pages 2256-2283, July.
    3. Irina Albastroiu Nastase & Cristian Negrutiu & Mihai Felea & Carmen Acatrinei & Andrei Cepoi & Adrian Istrate, 2021. "Toward a Circular Economy in the Toy Industry: The Business Model of a Romanian Company," Sustainability, MDPI, vol. 14(1), pages 1-25, December.
    4. Adriana Grigorescu & Monica Mihaela Maer-Matei & Cristina Mocanu & Ana-Maria Zamfir, 2019. "Key Drivers and Skills Needed for Innovative Companies Focused on Sustainability," Sustainability, MDPI, vol. 12(1), pages 1-14, December.
    5. Ana-Maria Zamfir & Cristina Mocanu & Adriana Grigorescu, 2018. "Resilient Entrepreneurship among European Higher Education Graduates," Sustainability, MDPI, vol. 10(8), pages 1-24, July.
    6. Ilija Moric & Jelena Šaković Jovanović & Rajka Đoković & Sanja Peković & Đurđica Perović, 2020. "The Effect of Phases of the Adoption of the Circular Economy on Firm Performance: Evidence from 28 EU Countries," Sustainability, MDPI, vol. 12(6), pages 1-12, March.
    7. Marta Negri & Alessandra Neri & Enrico Cagno & Gabriele Monfardini, 2021. "Circular Economy Performance Measurement in Manufacturing Firms: A Systematic Literature Review with Insights for Small and Medium Enterprises and New Adopters," Sustainability, MDPI, vol. 13(16), pages 1-27, August.
    8. Fernando E. Garcia-Muiña & Rocío González-Sánchez & Anna Maria Ferrari & Lucrezia Volpi & Martina Pini & Cristina Siligardi & Davide Settembre-Blundo, 2019. "Identifying the Equilibrium Point between Sustainability Goals and Circular Economy Practices in an Industry 4.0 Manufacturing Context Using Eco-Design," Social Sciences, MDPI, vol. 8(8), pages 1-22, August.
    9. Elena Aurelia Botezat & Anca Otilia Dodescu & Sebastian Văduva & Silvia Liana Fotea, 2018. "An Exploration of Circular Economy Practices and Performance Among Romanian Producers," Sustainability, MDPI, vol. 10(9), pages 1-17, September.
    10. Han van Kleef & Donald Ropes, 2021. "Waste Management Firms as Catalysts for Developing SME’s Circular Business Models: the Possibilities of Industrial Symbiosis," International Journal of Innovation and Economic Development, Inovatus Services Ltd., vol. 7(1), pages 16-27, April.
    11. Piotr Kafel & Paweł Nowicki, 2022. "Circular Economy Implementation Based on ISO 14001 within SME Organization: How to Do It Best?," Sustainability, MDPI, vol. 15(1), pages 1-11, December.
    12. Zhejun Min & Sukanlaya Sawang & Robbert A. Kivits, 2021. "Proposing Circular Economy Ecosystem for Chinese SMEs: A Systematic Review," IJERPH, MDPI, vol. 18(5), pages 1-13, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. repec:aud:audfin:v:20:y:2018:i:48:p:294 is not listed on IDEAS
    2. Francesca Gennari, 2023. "The transition towards a circular economy. A framework for SMEs," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 27(4), pages 1423-1457, December.
    3. Jose García‐Quevedo & Elisenda Jové‐Llopis & Ester Martínez‐Ros, 2020. "Barriers to the circular economy in European small and medium‐sized firms," Business Strategy and the Environment, Wiley Blackwell, vol. 29(6), pages 2450-2464, September.
    4. Juana Camacho-Otero & Casper Boks & Ida Nilstad Pettersen, 2018. "Consumption in the Circular Economy: A Literature Review," Sustainability, MDPI, vol. 10(8), pages 1-25, August.
    5. Howard, Mickey & Böhm, Steffen & Eatherley, Dan, 2022. "Systems resilience and SME multilevel challenges: A place-based conceptualization of the circular economy," Journal of Business Research, Elsevier, vol. 145(C), pages 757-768.
    6. Tat Dat Bui & Mohd Helmi Ali & Feng Ming Tsai & Mohammad Iranmanesh & Ming-Lang Tseng & Ming K Lim, 2020. "Challenges and Trends in Sustainable Corporate Finance: A Bibliometric Systematic Review," JRFM, MDPI, vol. 13(11), pages 1-26, October.
    7. José-Antonio Corral-Marfil & Núria Arimany-Serrat & Emma L. Hitchen & Carme Viladecans-Riera, 2021. "Recycling Technology Innovation as a Source of Competitive Advantage: The Sustainable and Circular Business Model of a Bicentennial Company," Sustainability, MDPI, vol. 13(14), pages 1-37, July.
    8. Zhejun Min & Sukanlaya Sawang & Robbert A. Kivits, 2021. "Proposing Circular Economy Ecosystem for Chinese SMEs: A Systematic Review," IJERPH, MDPI, vol. 18(5), pages 1-13, March.
    9. Tally Katz‐Gerro & Jordi López Sintas, 2019. "Mapping circular economy activities in the European Union: Patterns of implementation and their correlates in small and medium‐sized enterprises," Business Strategy and the Environment, Wiley Blackwell, vol. 28(4), pages 485-496, May.
    10. Marie Briguglio & Leandro J. Llorente-González & Christopher Meilak & Ángeles Pereira & Jonathan Spiteri & Xavier Vence, 2021. "Born or Grown: Enablers and Barriers to Circular Business in Europe," Sustainability, MDPI, vol. 13(24), pages 1-20, December.
    11. Amalia Rodrigo-González & Alfredo Grau-Grau & Inmaculada Bel-Oms, 2021. "Circular Economy and Value Creation: Sustainable Finance with a Real Options Approach," Sustainability, MDPI, vol. 13(14), pages 1-30, July.
    12. Sara Scipioni & Meir Russ & Federico Niccolini, 2021. "From Barriers to Enablers: The Role of Organizational Learning in Transitioning SMEs into the Circular Economy," Sustainability, MDPI, vol. 13(3), pages 1-31, January.
    13. Sabina Scarpellini, 2022. "Social impacts of a circular business model: An approach from a sustainability accounting and reporting perspective," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(3), pages 646-656, May.
    14. Ilija Moric & Jelena Šaković Jovanović & Rajka Đoković & Sanja Peković & Đurđica Perović, 2020. "The Effect of Phases of the Adoption of the Circular Economy on Firm Performance: Evidence from 28 EU Countries," Sustainability, MDPI, vol. 12(6), pages 1-12, March.
    15. Codruța Cornelia Dura & Ana Maria Mihaela Iordache & Alexandru Ionescu & Claudia Isac & Teodora Odett Breaz, 2022. "Analyzing Performance in Wholesale Trade Romanian SMEs: Framing Circular Economy Business Scenarios," Sustainability, MDPI, vol. 14(9), pages 1-34, May.
    16. Ionica Oncioiu & Sorinel Căpuşneanu & Mirela Cătălina Türkeș & Dan Ioan Topor & Dana-Maria Oprea Constantin & Andreea Marin-Pantelescu & Mihaela Ștefan Hint, 2018. "The Sustainability of Romanian SMEs and Their Involvement in the Circular Economy," Sustainability, MDPI, vol. 10(8), pages 1-19, August.
    17. Mechthild Donner & Ivana Radić, 2021. "Innovative Circular Business Models in the Olive Oil Sector for Sustainable Mediterranean Agrifood Systems," Sustainability, MDPI, vol. 13(5), pages 1-21, February.
    18. Luis Miguel Fonseca & José Pedro Domingues & Maria Teresa Pereira & Florinda Figueiredo Martins & Dominik Zimon, 2018. "Assessment of Circular Economy within Portuguese Organizations," Sustainability, MDPI, vol. 10(7), pages 1-24, July.
    19. Alfonso Aranda-Usón & Pilar Portillo-Tarragona & Luz María Marín-Vinuesa & Sabina Scarpellini, 2019. "Financial Resources for the Circular Economy: A Perspective from Businesses," Sustainability, MDPI, vol. 11(3), pages 1-23, February.
    20. Anja T. Braun & Peter Kleine-Moellhoff & Volker Reichenberger & Stephan Seiter, 2018. "Case Study Analysing Potentials to Improve Material Efficiency in Manufacturing Supply Chains, Considering Circular Economy Aspects," Sustainability, MDPI, vol. 10(3), pages 1-12, March.
    21. Nathalia Suchek & João J. Ferreira & Paula O. Fernandes, 2022. "A review of entrepreneurship and circular economy research: State of the art and future directions," Business Strategy and the Environment, Wiley Blackwell, vol. 31(5), pages 2256-2283, July.

    More about this item

    Keywords

    circular economy; small and medium sized enterprises; resources efficiency; barriers in implementing the circular economy; recycling.;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aes:amfeco:v:20:y:2018:i:48:p:294. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Valentin Dumitru (email available below). General contact details of provider: https://edirc.repec.org/data/aseeero.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.