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Title Foresight for Small and Medium Enterprises in the Context of the Circular Economy
ID_Doc 1231
Authors Anzules-Falcones, W; Diaz-Marquez, AM; Padilla, L; Hernán-Hidalgo, D; Sánchez-Grisales, D
Title Foresight for Small and Medium Enterprises in the Context of the Circular Economy
Year 2021
Published Foresight And Sti Governance, 15, 1
Abstract Small, medium, and micro enterprises make important contributions to economic growth and employment. Based on evidence from of the tire processing industry in Ecuador, this article assesses the development prospects for such companies in the context of the transition to a circular economy. The methodological basis of this study is scenario planning. Five scenario hypotheses are proposed and the probability of their implementation is estimated. The most optimal scenario (in which all five hypotheses are realized) is feasible and subject to a set of measures, including the development of new management and marketing tools, the involvement of universities and research centers in the creation of new low-cost waste processing technologies, and the organization of a special fund to support research and development in companies focused on the circular model.
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