| Title | Implementing and Monitoring Circular Business Models: An Analysis of Italian SMEs |
|---|---|
| ID_Doc | 16163 |
| Authors | Salvioni, DM; Bosetti, L; Fornasari, T |
| Title | Implementing and Monitoring Circular Business Models: An Analysis of Italian SMEs |
| Year | 2022 |
| Published | Sustainability, 14, 1 |
| Abstract | The transition from a linear to a circular economy (CE) is at the center of the debate among institutions, enterprises, practitioners, and scholars. Small- and medium-sized enterprises (SMEs), with their high presence in the business environment, play a pivotal role in the successful implementation of CE principles. Therefore, this paper aims to understand the state of the CE among Italian SMEs, considering both their different sizes and sectors. This study investigates CE knowledge and application, strategic relevance, benefits from and barriers to the transition towards circular business models, and the use of CE-related performance indicators in management control and external reporting. Through an online survey carried out in cooperation with the Italian Confederation of Craft Trades and Small- and Medium-Sized Enterprises (CNA), we collected primary data from 623 respondents. Findings revealed the existence of cultural, technological, market and financial barriers, which have hampered the adoption of circular practices among Italian SMEs. Poor understanding of CE potential, combined with difficulty in raising public and private funds to finance the transition from linear to circular, are the greatest problems. To overcome such issues, we recommend serious intervention by public institutions, trade and consumer associations, and the higher education system to develop a climate more favorable to the CE. |
| https://www.mdpi.com/2071-1050/14/1/270/pdf?version=1640621314 |
Similar Articles
| ID | Score | Article |
|---|---|---|
3060
|
Gennari, F Are SMEs Ready for the Transition Towards Circular Economy? Proposal for an Assessment Framework(2021) | |
| 1728
|
Rizos, V; Behrens, A; van der Gaast, W; Hofman, E; Ioannou, A; Kafyeke, T; Flamos, A; Rinaldi, R; Papadelis, S; Hirschnitz-Garbers, M; Topi, C Implementation of Circular Economy Business Models by Small and Medium-Sized Enterprises (SMEs): Barriers and Enablers(2016)Sustainability, 8, 11 | |
| 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) | |
| 2238
|
Garcés-Ayerbe, C; Rivera-Torres, P; Suárez-Perales, I; Leyva-de la Hiz, DI Is It Possible to Change from a Linear to a Circular Economy? An Overview of Opportunities and Barriers for European Small and Medium-Sized Enterprise Companies(2019)International Journal Of Environmental Research And Public Health, 16, 5 | |
| 354
|
Marino, A; Pariso, P The Transition Towards To The Circular Economy: European Smes' Trajectories(2021)Entrepreneurship And Sustainability Issues, 8, 4 | |
| 20742
|
Kuik, S; Kumar, A; Diong, L; Ban, J A Systematic Literature Review on the Transition to Circular Business Models for Small and Medium-Sized Enterprises (SMEs)(2023)Sustainability, 15, 12 | |
| 1853
|
Mura, M; Longo, M; Zanni, S Circular economy in Italian SMEs: A multi-method study(2020) | |
| 1888
|
Gennari, F The transition towards a circular economy. A framework for SMEs(2023)Journal Of Management And Governance, 27, 4 | |
| 566
|
Ghenta, M; Matei, A Smes And The Circular Economy: From Policy To Difficulties Encountered During Implementation(2018)Amfiteatru Economic, 20, 48 | |
| 1018
|
Prieto-Sandoval, V; Torres-Guevara, LE; Ormazabal, M; Jaca, C Beyond the Circular Economy Theory: Implementation Methodology for Industrial SMEs(2021)Journal Of Industrial Engineering And Management-Jiem, 14, 3 |