Environment or Survival: The Challenges and Opportunities of Microenterprises in the Circular Economy
At present, a new economic model called the circular economy has been generated whose objective is to reduce the production and consumption of materials and energy through renewable cycles. This model can be applied within microenterprises, however, its implementation generates challenges that often...
| Authors: | ; |
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| Format: | Article |
| Status: | Published version |
| Publication date: | 2020 |
| Country: | Ecuador |
| Institution: | UTE |
| Repository: | Revistas Universidad Tecnológica Equinoccial |
| Language: | Spanish |
| OAI Identifier: | oai:ojs.ute.edu.ec:article/828 |
| Online Access: | https://revistas.ute.edu.ec/index.php/economia-y-negocios/article/view/828 |
| Access Level: | Open access |
| Keyword: | Circular economy Challenges Opportunities Micro-business Environment Economía circular Desafíos Oportunidades Microempresas Medioambiente |
| Summary: | At present, a new economic model called the circular economy has been generated whose objective is to reduce the production and consumption of materials and energy through renewable cycles. This model can be applied within microenterprises, however, its implementation generates challenges that often cannot be easily overcome, which causes microentrepreneurs to decide between applying a model that supports the environment or perpetuating the model linear (more accessible) to survive in the market. Therefore, the objective of this work is to analyze the challenges and opportunities of the implementation of the circular economy in micro-enterprises. For this, a documentary review was carried out to validate the phenomenon under study. The results show that the circular economy has generated important economic benefits in Europe but is wasted in underdeveloped countries mainly due to structural problems in the region. It is concluded that the circular economy provides great opportunities for micro-enterprises but also represents great challenges that businesses have to face for its implementation. |
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