New Business Ventures for a Circular Economy: A Policy Guide to Rethinking Entrepreneurship Ecosystems

Wieser, Harald; Bachinger, Karin; Hosner, Daniela; Kaufmann, Joachim; Wich, Viviano

doi:10.2139/ssrn.4292443

Cited by 2 publications

(3 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…This study focuses on smaller organisations, because the European Commission perceives SMEs as being the key for CE implementation in practice, as about 99% of all companies in the European Union are small or medium‐sized (European Commission, 2022). In particular, the focus of this study lies in young‐born circular firms that are also called circular start‐ups (Wieser et al, 2022; Zucchella, 2019). Lacy et al (2014) found out that the initial market disruption for CE transition in CBMs was driven by start‐ups.…”

Section: Theoretical Background: From Circular Economy To Circular Bu...mentioning

confidence: 99%

The impact of internal company dynamics on sustainable circular business development: Insights from circular startups

2022

View full text Add to dashboard Cite

The circular economy is commonly acknowledged as a solution to ecological problems such as resource depletion and waste emissions. New economic opportunities emerge by transitioning from a linear to a circular economy and innovative business models are needed to translate these opportunities into business reality. In recent years, researchers have investigated a variety of approaches to circular business models, but few studies have been conducted associating internal company dynamics with sustainable circular business approaches. Consequently, the purpose of this study is to investigate the internal dynamics of young and small-scale companies in Germany that adopt a sustainable circular business model. This study focuses on internal barriers, enablers, competences and drivers to sustainable circular business model implementation. A case-based research design was applied, drawing on semi-structured interviews with 12 founders of businesses and organisations with a sustainable circular business model. The study develops four strategies to overcome barriers to sustainable circular business model adoption in young and small-scale companies: (1) humancenteredness in all activities affected by circular business model adoption, (2) high commitment for circularity on the managerial level, (3) requirement of special skills and competences and (4) consideration of cultural aspects inside and outside the company. Further empirical research about established and international incumbents with a sustainable circular business model is needed to be able to compare the internal dynamics of big and small companies in international contexts.

show abstract

Section: Theoretical Background: From Circular Economy To Circular Bu...mentioning

confidence: 99%

The impact of internal company dynamics on sustainable circular business development: Insights from circular startups

2022

View full text Add to dashboard Cite

show abstract

“…On the contrary, CSUs can adopt more disruptive business models, due to their greater capacity for flexibility, newness, and sensitivity to changes in the market (Bergset & Fichter, 2015; Rizos, Behrens, van der Gaast, Hofman, Ioannou, Kafyeke, Flamos, Rinaldi, Papadelis, Hirschnitz‐Garbers, et al, 2016). CSUs also pursue more resource efficiency strategies than larger firms, and as such, they are highly capable of disrupting traditional markets and institutions (Wieser et al, 2022).…”

Section: Literature Reviewmentioning

confidence: 99%

“…Garbers, et al, 2016). CSUs also pursue more resource efficiency strategies than larger firms, and as such, they are highly capable of disrupting traditional markets and institutions (Wieser et al, 2022).…”

Section: Circular Start-upsmentioning

confidence: 99%

Unlocking circular start‐ups: A model of barriers

Kasana,

Chavan,

Sedera

et al. 2023

Bus Strat Env

View full text Add to dashboard Cite

The concept of circular economy (CE) has emerged as a viable way to achieving sustainable development. Small businesses and start‐ups play a significant role in economic progress, but they also contribute substantially to environmental degradation. In this inductive qualitative study, we conducted multiple interviews with 18 founders of circular start‐ups (CSUs) in Australia to explore and understand the challenges they encountered at different stages of their development and growth. Employing grounded theory, this study unveils barriers associated with distinct phases of the CSU development and growth, categorizing them into antecedent, beginner and growth barriers. The empirical analysis paints a detailed picture of both unique and common obstacles related to the distinctive and novel positioning of CSUs in promoting CE. This research also serves as a valuable foundation for aspiring CE entrepreneurs, practitioners, scholars and policymakers.

show abstract

New Business Ventures for a Circular Economy: A Policy Guide to Rethinking Entrepreneurship Ecosystems

Cited by 2 publications

References 0 publications

The impact of internal company dynamics on sustainable circular business development: Insights from circular startups

The impact of internal company dynamics on sustainable circular business development: Insights from circular startups

Unlocking circular start‐ups: A model of barriers

Contact Info

Product

Resources

About