17 Sep 2015

The Circular Economy: Barriers and Opportunities for SMEs

Vasileios Rizos / Arno Behrens / Terri Kafyeke / Martin Hirschnitz-Garbers / Anastasia Ioannou

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Authors: Vasileios Rizos, Arno Behrens, Terri Kafyeke, Martin Hirschnitz-Garbers and Anastasia Ioannou

Series: CEPS Working Documents     No. of pp: 25

The ‘circular economy’ is gaining momentum as a concept in both academic and policy circles, and circular business models have been linked to significant economic benefits. This paper identifies barriers and enablers to adopting circular economy business practices, and presents key messages for policy-makers. It draws on input from a literature review, on discussions held in the context of the GreenEcoNet project and on an analysis of two SME circular business models.

Vasileios Rizos is a Researcher at CEPS; Arno Behrens is a Research Fellow and Head of the Energy research programme at CEPS; Terri Kafyeke is a Researcher at the Ecologic Institute; Martin Hirschnitz-Garbers is a Senior Fellow and Coordinator of Resource Efficiency at the Ecologic Institute; and Anastasia Ioannou is a Researcher at University of Piraeus Research Center.