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Title Are SMEs Ready for the Transition Towards Circular Economy? Proposal for an Assessment Framework
ID_Doc 3060
Authors Gennari, F
Title Are SMEs Ready for the Transition Towards Circular Economy? Proposal for an Assessment Framework
Year 2021
Published
DOI 10.31410/LIMEN.S.P.2021.19
Abstract Small and medium enterprises (SMEs) contribute significantly to the European GDP and have a pivotal role in the ecological transition from linear to a circular economy (CE). SMEs, however, have more trouble than bigger firms making their business models circular. This article analyses the key factors that SMEs should manage for a strategic transition towards CE. Based on qualitative content analysis on the existing literature about CE in SMEs, we identify governance, relations with stakeholders and innovation as CE key pillars. It is also found that SMEs' attitude toward them changes during the transition process. The article contributes to filling a gap in the research about SMEs' transition towards circularity and provides a conceptual framework for SMEs' self-assessment in the transition path.
Author Keywords Small and medium enterprises (SMEs); Circular economy; Business model; Framework; Transition management
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Conference Proceedings Citation Index - Social Science & Humanities (CPCI-SSH)
EID WOS:001022960500003
WoS Category Business; Economics; Management
Research Area Business & Economics
PDF https://doi.org/10.31410/limen.s.p.2021.19
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