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Scientific Article details

Title The Sustainability of Romanian SMEs and Their Involvement in the Circular Economy
ID_Doc 1253
Authors Oncioiu, I; Capusneanu, S; Türkes, MC; Topor, DI; Constantin, DMO; Marin-Pantelescu, A; Hint, MS
Title The Sustainability of Romanian SMEs and Their Involvement in the Circular Economy
Year 2018
Published Sustainability, 10, 8
DOI 10.3390/su10082761
Abstract Sustainability involves extending the relational framework of SMEs outside the sphere of economic activity by justifying and legitimizing actions with a social impact on the environment. Links with the circular economy are achieved through the economic and environmental dimensions and through corporate social responsibility as a component of sustainable development. The main purpose of the paper was to determine the level of involvement of Romanian SMEs in activities related to the circular economy. The sample survey conducted among SME managers offered the advantage of collecting a large amount of direct information on the activities undertaken, the size of the investments and the nature of the funding sources used over the last five years. In this descriptive research, the process of setting up a representative sample of 384 enterprises was carried out by random sampling. The major contributions of the research project are to outline the contribution of Romanian SMEs to the development of a sustainable economy through their involvement in specific activities, the size of the investments made, and the level of participation of representatives of the enterprises in courses in order to identify new sources of financing and positive solutions in order to implement the principles of the circular economy.
Author Keywords sustainability; circular economy; investments; sources of funding; SME; sustainable economy
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI)
EID WOS:000446767700177
WoS Category Green & Sustainable Science & Technology; Environmental Sciences; Environmental Studies
Research Area Science & Technology - Other Topics; Environmental Sciences & Ecology
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