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Circular Economy and Decision Models among European SMEs
[Zeitschriftenartikel]
Abstract While targeting waste reduction and maintaining the value of products and resources in
the system as much as possible, undertaking circular economy practices at the company level is a
way of achieving entrepreneurial sustainability. This paper explores entrepreneurial decision models
for adopting... mehr
While targeting waste reduction and maintaining the value of products and resources in
the system as much as possible, undertaking circular economy practices at the company level is a
way of achieving entrepreneurial sustainability. This paper explores entrepreneurial decision models
for adopting circular economy practices, focusing on European SMEs. Decision tree models are
applied on data from Flash Eurobarometer 441 in order to uncover business strategies in relation
to the implementation of circular economy practices at the company level and with the optimal
level and nature of investments in the circular economy for improving economic performances of
companies. The main findings of the article offer a better understanding of the relation between
characteristics of European SMEs and their decisions in the field of circular economy. Such results
are relevant from both macro and micro perspectives, as they can be used for customizing circular
economy programs and intervention strategies for various groups of SMEs, as well as for supporting
sustainable entrepreneurial decisions.... weniger
Thesaurusschlagwörter
Abfallvermeidung; Nachhaltigkeit; Modell; Entscheidung; Eurobarometer; Kleinbetrieb; Mittelbetrieb; Corporate Social Responsibility; Umweltverhalten; Europa; ökonomische Entwicklung
Klassifikation
Ökologie und Umwelt
Management
Freie Schlagwörter
sustainable business decisions; circular economy; decision tress
Sprache Dokument
Englisch
Publikationsjahr
2017
Seitenangabe
15 S.
Zeitschriftentitel
Sustainability, 9 (2017) 9
ISSN
2071-1050
Status
Veröffentlichungsversion; begutachtet (peer reviewed)