Circular economy: barrier and opportunities for SMEs

Ni Putu Santi Suryantini,Svitlana Moskalenko,Ni Putu Ayu Darmayanti,Tetiana Gorokhova,I Wayan Edi Arsawan,A. Generowicz,B. Burkinskyi,V. Koval

doi:10.1051/e3sconf/202125501017

Abstract

The circular economy was a concept introduced by the European Union consortium, several national governments, and business people around the world. However, the scientific and research content of the circular economy concept is so superficial and disorganized that it is still a vague collection of ideas separate from several fields of science. The purpose of this study is to measure visual trends in the circular economy. This survey identified keywords related to the circular economy to find and identify related articles in the Scopus database for 1000 articles published from 2000 to 2021. The findings were a visual trend of the increasing number of publications each year, academic affiliation, author, article subject area, keywords, and authorship network. This literature review provides evidence that circular economy thinking attracts academic researchers to formulate relevant policies.

Highlights

Responding to human activities that cause environmental degradation at various levels, it is necessary to make comprehensive changes in production and consumption patterns [1]
The circular economy concept describes a circular production-consumption model that maximizes the use of products, components, and materials throughout their life cycle [3]
This study offers an extensive literature review and aims to highlight research outputs and trends in a circular economy to increase the amount of research and the need for interdisciplinary collaboration to increase the importance of global understanding [15] such as the increasing awareness of humans about lifestyle changes to focus more on nature and the concept of green [16]. research that focuses on circular economy focuses primarily on small samples, or single case studies, or literature reviews without visualization

Summary

Introduction

Responding to human activities that cause environmental degradation at various levels, it is necessary to make comprehensive changes in production and consumption patterns [1]. The circular economy concept describes a circular production-consumption model that maximizes the use of products, components, and materials throughout their life cycle [3] This is a means of reducing environmental impacts while promoting economic growth [4]. Circular economy requires companies to develop and adopt innovative technologies and business models [6] as part of a more circular economy -oriented organizational culture [7]. This can lead to new 'circular risks' due to the company's transition from the tried and tested linear production method to the new circular production method [8].

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Methods

Conclusion