Transitioning drivers from linear to circular economic models: evidence of entrepreneurship in emerging nations
| Authors | |
|---|---|
| Year of publication | 2023 |
| Type | Article in Periodical |
| Magazine / Source | MANAGEMENT DECISION |
| MU Faculty or unit | |
| Citation | |
| Web | https://www.emerald.com/insight/content/doi/10.1108/MD-02-2023-0279/full/html |
| Doi | http://dx.doi.org/10.1108/MD-02-2023-0279 |
| Keywords | Interpretive structural modelling (ISM); Cross-impact matrix multiplication approach applied to classification (MICMAC); Fuzzy sets; Linear economic models; Circular economic models |
| Attached files | |
| Description | Various publications have extensively documented the advantages of a circular economy in ensuring sustainability and limiting climate change. Despite academic records emphasising the need to adopt this business strategy, entrepreneurs in developing countries prefer linear economies. This reluctance is attributable to several factors, including insufficient infrastructure and technology, limited financial access, inadequate education systems and the prevalence of informal enterprises. Therefore, a thorough analysis of the underlying economic, political and social conditions is required to identify the drivers of circular economies (CEs) and their contribution to entrepreneurship in developing countries. |