Circular Economy for Small and Medium Enterprise: Problems, Challenges and Recommendations Towards Circular Economy for the Sustainability of SMEs

Authors

รศ.ดร.อาวีวรรณ ปัญญาโกเมศ

Published

การประชุมวิชาการระดับชาติในวันคล้ายวันสถาปนา สถาบันบัณฑิตพัฒนบริหารศาสตร์ ประจำปี 2563

Abstract

The circular economy is becoming more accepted in society (because of its benefits
in many areas. It is changing business models, which may help reduce emissions and the
waste of resources. Recycling or reusing waste leads to cost savings, and reduces the
demand for raw materials. It is clear that the revolving economy model could have more
positive economic effects on businesses than does a consumption-oriented economy;
however, in practice there may be many obstacles to its implementation, particularly in
small and medium enterprises (SMEs). This consideration led to the following research
objectives: 1. exploring the situation in which the circular economy is applied to SMEs, and
2. addressing the problems, obstacles, and cost-benefits of applying the circular economy
model to SMEs, including policy suggestions. This research will benefit: 1) The government
sector by providing policy recommendations to promote a sustainable circular economy in
SMEs that combines the integration of environmental and economic influences; 2) The
private sector, in which the research results can be used to support decision-making, change
the economic cycle, and create awareness of business opportunities and benefits with
respect to costs and the environmental benefits in the long run, and 3) Society and the
public, by helping promote the efficient use of resources and reducing resource consumption.

Circular Economy for Small and Medium Enterprise: Problems, Challenges and Recommendations Towards Circular Economy for the Sustainability of SMEs. สถาบันบัณฑิตพัฒนบริหารศาสตร์, การประชุมวิชาการระดับชาติในวันคล้ายวันสถาปนา สถาบันบัณฑิตพัฒนบริหารศาสตร์ ประจำปี 2563 (1179-1199).