Abstract

The purpose of this research is to study the institutional framework of the Russian Federation in the field of circular economy at the national and regional levels. The authors suggest that business models in a circular economy should be built in accordance with the principles of resource. To this end, the article uses elements of normative and institutional analysis, based on the use of which the authors highlight the role of the public sector in conserving natural resources and promoting the well-being of the population, which enhances its role in promoting the concept of a circular economy. The results obtained in terms of highlighting the formats for implementing and supporting circular business models - “top-down” and “bottom-up”, which can also be used to support the transition to a circular economy, as well as the described practical experience in the implementation of circular models and their classification. The scientific novelty lies in the study of the institutional framework of the Russian Federation in the field of the circular economy at the national and regional levels, it was revealed that at this stage of economic development, the policy in the field of introducing the circular economy is implemented on the basis of the “top-down” principle (the results are presented at the macro and meso levels). As a result of the analysis, the consistency of policy emphasis on increasing the level of environmental friendliness and resource efficiency of production through the introduction of new technologies was noted.

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