Perceptions of Circular Business Models in SMEs
Testing circular economy business models is crucial in understanding Circular Economy features across various industries. This paper analyses Circular Economy perceptions in Romanian SMEs by investigating entrepreneurs from PVC joinery industry. Using a multidimensional framework, ReSOLVE, as a c...
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| Format: | Article |
| Language: | English |
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Editura ASE
2018-05-01
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| Series: | Amfiteatru Economic |
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| Online Access: | http://www.amfiteatrueconomic.ro/temp/Article_2721.pdf |
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| author | Sebastian-Ion Ceptureanu Eduard-Gabriel Ceptureanu Raphael Gert Denis Murswieck |
| author_facet | Sebastian-Ion Ceptureanu Eduard-Gabriel Ceptureanu Raphael Gert Denis Murswieck |
| author_sort | Sebastian-Ion Ceptureanu |
| collection | DOAJ |
| description | Testing circular economy business models is crucial in understanding Circular Economy
features across various industries. This paper analyses Circular Economy perceptions in
Romanian SMEs by investigating entrepreneurs from PVC joinery industry. Using a
multidimensional framework, ReSOLVE, as a conceptual model, and Lewandowski
systematization, we measured 6 business actions and their relations with Value creation.
The results of our survey can be described as mixed. Of the 6 business actions of
ReSOLVE framework, for half of them (Regenerate, Optimize and Exchange) we can
definitely conclude that these are correlated with Circular Economy in terms of Value
Creation, while for a fourth there are variables significantly correlated without being able to
conclude its overall contribution in terms of Value creation. Our empirical investigation
contributes to literature development on Circular Economy research in SMEs and a step
forward to shape future research initiatives. |
| format | Article |
| id | doaj-art-2bb8b9fb05394f61b98eaec9648840a3 |
| institution | DOAJ |
| issn | 1582-9146 2247-9104 |
| language | English |
| publishDate | 2018-05-01 |
| publisher | Editura ASE |
| record_format | Article |
| series | Amfiteatru Economic |
| spelling | doaj-art-2bb8b9fb05394f61b98eaec9648840a32025-08-20T03:17:52ZengEditura ASEAmfiteatru Economic1582-91462247-91042018-05-01204831032410.24818/EA/2018/48/310Perceptions of Circular Business Models in SMEsSebastian-Ion Ceptureanu0Eduard-Gabriel Ceptureanu 1Raphael Gert Denis Murswieck2Bucharest University of Economic Studies, RomaniaBucharest University of Economic Studies, RomaniaBucharest University of Economic Studies, RomaniaTesting circular economy business models is crucial in understanding Circular Economy features across various industries. This paper analyses Circular Economy perceptions in Romanian SMEs by investigating entrepreneurs from PVC joinery industry. Using a multidimensional framework, ReSOLVE, as a conceptual model, and Lewandowski systematization, we measured 6 business actions and their relations with Value creation. The results of our survey can be described as mixed. Of the 6 business actions of ReSOLVE framework, for half of them (Regenerate, Optimize and Exchange) we can definitely conclude that these are correlated with Circular Economy in terms of Value Creation, while for a fourth there are variables significantly correlated without being able to conclude its overall contribution in terms of Value creation. Our empirical investigation contributes to literature development on Circular Economy research in SMEs and a step forward to shape future research initiatives.http://www.amfiteatrueconomic.ro/temp/Article_2721.pdfcircular economy; ReSOLVE framework; value creation; spearman coefficientcircular economyReSOLVE framework; value creation; spearman coefficient |
| spellingShingle | Sebastian-Ion Ceptureanu Eduard-Gabriel Ceptureanu Raphael Gert Denis Murswieck Perceptions of Circular Business Models in SMEs Amfiteatru Economic circular economy; ReSOLVE framework; value creation; spearman coefficient circular economy ReSOLVE framework; value creation; spearman coefficient |
| title | Perceptions of Circular Business Models in SMEs |
| title_full | Perceptions of Circular Business Models in SMEs |
| title_fullStr | Perceptions of Circular Business Models in SMEs |
| title_full_unstemmed | Perceptions of Circular Business Models in SMEs |
| title_short | Perceptions of Circular Business Models in SMEs |
| title_sort | perceptions of circular business models in smes |
| topic | circular economy; ReSOLVE framework; value creation; spearman coefficient circular economy ReSOLVE framework; value creation; spearman coefficient |
| url | http://www.amfiteatrueconomic.ro/temp/Article_2721.pdf |
| work_keys_str_mv | AT sebastianionceptureanu perceptionsofcircularbusinessmodelsinsmes AT eduardgabrielceptureanu perceptionsofcircularbusinessmodelsinsmes AT raphaelgertdenismurswieck perceptionsofcircularbusinessmodelsinsmes |