Knowledge Agora



Similar Articles

Title Beyond the Circular Economy Theory: Implementation Methodology for Industrial SMEs
ID_Doc 1018
Authors Prieto-Sandoval, V; Torres-Guevara, LE; Ormazabal, M; Jaca, C
Title Beyond the Circular Economy Theory: Implementation Methodology for Industrial SMEs
Year 2021
Published Journal Of Industrial Engineering And Management-Jiem, 14, 3
Abstract Purpose: The circular economy has multiple benefits and opportunities to achieve sustainability and a better future for the next generations. The purpose of this paper is to propose a methodology that guides step-by-step any industrial SMEs in the transition from the linear to a circular model. Small and medium enterprises (SMEs) have a crucial role in the sustainable development transition, considering that they represent most of the world's companies. Design/methodology/approach: To develop this methodology, two research techniques were used: a focus group and storyboarding. Findings: The resulting methodology, called Ecopyme, comprises five steps: 1) Firm identity, 2) Diagnosis, 3) Planning, 4) Get the ball rolling, and 5) Assessment and feedback. In addition, two key criteria that must be included in the whole process were identified: value creation in the firm through a circular economy and organization commitment from the top management to the staff. Research limitations/implications: The Ecopyme methodology has two limitations: It does not propose either implementation tools or involve consumers and actors at the meso (e.g., eco-industrial parks) and macro (e.g., cities, provinces, countries) levels. Practical implications: This study will help policymakers understand the SMEs' perspective and remove barriers that may hinder the paradigm shift. The methodology is also a useful tool for consultants and entrepreneurs to incorporate the circular economy (CE) principles into their business. Originality/value: In the CE literature, little attention has been paid to proposing a structured methodology to implement CE in SMEs. Thus, the study provides a step-by-step methodology that guides any industrial SMEs to transition from linear to circular. Also, it provides additional evidence concerning the importance of human commitment in changing firms' paradigm because people can encourage the adoption of responsible production practices if firms commit CEOs, sustainability managers, and staff.
PDF

Similar Articles

ID Score Article
658 Ormazabal, M; Prieto-Sandoval, V; Santos, J; Jaca, C Guiding SMEs Towards the Circular Economy: A Case Study(2020)
2965 Prieto-Sandoval, V; Jaca, C; Santos, J; Baumgartner, RJ; Ormazabal, M Key strategies, resources, and capabilities for implementing circular economy in industrial small and medium enterprises(2019)Corporate Social Responsibility And Environmental Management, 26, 6
3704 Kondala, M; Nudurupati, SS; Pappu, RP The challenges in adoption of circular economy in SMEs - a research agenda and way forward(2024)Benchmarking-An International Journal, 31, 5
3719 Dey, PK; Malesios, C; De, D; Budhwar, P; Chowdhury, S; Cheffi, W Circular economy to enhance sustainability of small and medium-sized enterprises(2020)Business Strategy And The Environment, 29, 6
28984 Palombi, G; Schiaroli, V; Fraccascia, L; Nonino, F Identifying barriers and good practices for implementing circular economy principles in small and medium enterprises(2024)
1221 Prieto-Sandoval, V; Ormazabal, M; Jaca, C; Viles, E Key elements in assessing circular economy implementation in small and medium-sized enterprises(2018)Business Strategy And The Environment, 27, 8
2889 Howard, M; Yan, XY; Mustafee, N; Charnley, F; Böhm, S; Pascucci, S Going beyond waste reduction: Exploring tools and methods for circular economy adoption in small-medium enterprises(2022)
21142 Madaan, G; Singh, A; Mittal, A; Shahare, P Reduce, reuse, recycle: circular economic principles, sustainability and entrepreneurship in developing ecosystems(2024)
2714 Sharma, NK; Govindan, K; Lai, KK; Chen, WK; Kumar, V The transition from linear economy to circular economy for sustainability among SMEs: A study on prospects, impediments, and prerequisites(2021)Business Strategy And The Environment, 30, 4
231 Rugine, H; Ziliene, R Towards A New Framework Of Circular Economy(2024)Entrepreneurship And Sustainability Issues, 11, 3
Scroll