Foresight for Small and Medium Enterprises in the Context of the Circular Economy
Small, medium, and micro enterprises make important contributions to economic growth and employment. Based on evidence from of the tire processing industry in Ecuador, this article assesses the development prospects for such companies in the context of the transition to a circular economy. The meth...
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| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
National Research University Higher School of Economics
2021-03-01
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| Series: | Foresight and STI Governance |
| Subjects: | |
| Online Access: | https://foresight-journal.hse.ru/article/view/19289 |
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| author | Wendy Anzules-Falcones Angela Maria Diaz-Marquez Leon Padilla Daniel Hernan-Hidalgo David Sanchez-Grisales |
| author_facet | Wendy Anzules-Falcones Angela Maria Diaz-Marquez Leon Padilla Daniel Hernan-Hidalgo David Sanchez-Grisales |
| author_sort | Wendy Anzules-Falcones |
| collection | DOAJ |
| description |
Small, medium, and micro enterprises make important contributions to economic growth and employment. Based on evidence from of the tire processing industry in Ecuador, this article assesses the development prospects for such companies in the context of the transition to a circular economy. The methodological basis of the study is scenario planning. Five scenario hypotheses are proposed and the probability of their implementation is estimated. The most optimal scenario (in which all five hypotheses are realized) is feasible and subject to a set of measures, including the development of new management and marketing tools, the involvement of universities and research centers in the creation of new low-cost waste processing technologies, and the organization of a special fund to support research and development in companies focused on the circular model.
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| format | Article |
| id | doaj-art-4d8de1a3b5cb47d5bba1181945bbd630 |
| institution | OA Journals |
| issn | 2500-2597 |
| language | English |
| publishDate | 2021-03-01 |
| publisher | National Research University Higher School of Economics |
| record_format | Article |
| series | Foresight and STI Governance |
| spelling | doaj-art-4d8de1a3b5cb47d5bba1181945bbd6302025-08-20T02:08:46ZengNational Research University Higher School of EconomicsForesight and STI Governance2500-25972021-03-0115110.17323/2500-2597.2021.1.86.96Foresight for Small and Medium Enterprises in the Context of the Circular EconomyWendy Anzules-Falcones0Angela Maria Diaz-Marquez1Leon Padilla2Daniel Hernan-Hidalgo3David Sanchez-Grisales4Universidad de Las Americas, De Los Colimes esq, Quito 170513, EcuadorUniversidad de Las Americas, De Los Colimes esq, Quito 170513, EcuadorUniversidad de Las Americas, De Los Colimes esq, Quito 170513, EcuadorUniversidad de Las Americas, De Los Colimes esq, Quito 170513, EcuadorUniversidad de Las Americas, De Los Colimes esq, Quito 170513, Ecuador Small, medium, and micro enterprises make important contributions to economic growth and employment. Based on evidence from of the tire processing industry in Ecuador, this article assesses the development prospects for such companies in the context of the transition to a circular economy. The methodological basis of the study is scenario planning. Five scenario hypotheses are proposed and the probability of their implementation is estimated. The most optimal scenario (in which all five hypotheses are realized) is feasible and subject to a set of measures, including the development of new management and marketing tools, the involvement of universities and research centers in the creation of new low-cost waste processing technologies, and the organization of a special fund to support research and development in companies focused on the circular model. https://foresight-journal.hse.ru/article/view/19289strategic foresightscenario planningcircular economymanagementMSMEs |
| spellingShingle | Wendy Anzules-Falcones Angela Maria Diaz-Marquez Leon Padilla Daniel Hernan-Hidalgo David Sanchez-Grisales Foresight for Small and Medium Enterprises in the Context of the Circular Economy Foresight and STI Governance strategic foresight scenario planning circular economy management MSMEs |
| title | Foresight for Small and Medium Enterprises in the Context of the Circular Economy |
| title_full | Foresight for Small and Medium Enterprises in the Context of the Circular Economy |
| title_fullStr | Foresight for Small and Medium Enterprises in the Context of the Circular Economy |
| title_full_unstemmed | Foresight for Small and Medium Enterprises in the Context of the Circular Economy |
| title_short | Foresight for Small and Medium Enterprises in the Context of the Circular Economy |
| title_sort | foresight for small and medium enterprises in the context of the circular economy |
| topic | strategic foresight scenario planning circular economy management MSMEs |
| url | https://foresight-journal.hse.ru/article/view/19289 |
| work_keys_str_mv | AT wendyanzulesfalcones foresightforsmallandmediumenterprisesinthecontextofthecirculareconomy AT angelamariadiazmarquez foresightforsmallandmediumenterprisesinthecontextofthecirculareconomy AT leonpadilla foresightforsmallandmediumenterprisesinthecontextofthecirculareconomy AT danielhernanhidalgo foresightforsmallandmediumenterprisesinthecontextofthecirculareconomy AT davidsanchezgrisales foresightforsmallandmediumenterprisesinthecontextofthecirculareconomy |