Peer-reviewed articles 17,970 +


Una Libkovska; Ivo Lemss
•    Prof. DSc. Oleksandr Trofymchuk, UKRAINE 
•    Prof. Dr. hab. oec. Baiba Rivza, LATVIA
Research will focus on investments for the development of the company. Transition to the circular economy is understood in many cases only as an unnecessary obstacle, not as the new business model. Production based on the linear model "take, make, dispose of" is not possible anymore based on decreased environmental quality. Increased production efficiency could help promote the company's prestige, gain tax allowances, create optimistic co-operation with the state, municipality, and maintain sustainability in terms of the balance achieved between economic, environmental and social interests. Although the research until now is in an early stage, some answers had been received from questionnaire from different stakeholders. The research purpose is to create an adapted model for the implementation of the circular economy for the small and medium enterprises of Latvia in a long-term perspective. Research will focus on the following qualitative data analysis methods – SWOT, factor, economic contribution, structured interviews at expert level, overall structured interview in the form of the questionnaire. From quantitative methods, hierarchical cluster or partial cluster method will be used in this research, analysing 3966 organisations in the Eco-Management and audit scheme (from now on – EMAS) at the European level that ensure compliance with the essential environmental requirements under EMAS Regulation. Until now within the research, the number of EMAS organisations have been selected between 29 different countries in 5 sectors (energy, water, waste management, food industry, port terminals), allowing to make the cross-country comparison and describe the involvement level of EMAS in each country. Before using the cluster method, it is essential to assess the cluster trend and whether the cluster method is suitable for research data. The next step will involve using a hierarchical cluster or partial cluster method (a certain number of clusters will be created). It is necessary to use different techniques to evaluate and interpret the created cluster results in future work.
[1] Access to European Commission EMAS Register. [Online]. Available: EMAS register (
[2] Access to European Union Law, "Regulation (EC) No.1221/2009 of the European Parliament and of the Council of November 25, 2009, on the voluntary participation by organisations in a Community eco-management and audit scheme (EMAS), repealing Regulation (EC) No 761/2001 and Commission Decisions 2001/681/EC and 2006/193/EC", EUR-Lex-32009R1221-EN, 2009. [Online]. Available: EUR-Lex - 32009R1221 - EN - EUR-Lex (
[3] Access to ISO standard 14001 “Environmental management” with personal license.
[4] Access to Latvian State Standard. [Online]. Available: Latvian Standard (
[5] Access to State Environmental Bureau. [Online]. Available: Vides parraudzibas Valsts birojs - EMAS - Registrs (
[6] How to Perform Stratified Sampling in Excel (Step-by-Step). Available:
[7] Kassambara A. (2017) "Practical Guide to Cluster Analysis in R," Multivariate analysis, vol.1, p.14-15, 2017. [E-book]. Available: STHDA,
[8] Libkovska U., Ozola I. (2019) “Attracting of investment to degraded territory revitalisation for business development in Latvia.” Conference Proceedings SGEM 2019. Vol. 19. Ecology, Economics, Education and Legislation. Issue 5.3. Environmental Economics. Bulgaria, 2019. pp. 77-85.
[9] Potting J., Hekkert M., Worrell E. (2017) “Circular Economy: Measuring Innovation in the product chain” PBL Netherlands Environmental Assessment Agency, Hague, Netherlands, Policy Rep. p.9, 2017. [Online]. Available:
[10] Winter J., Dodou D. (2012) "Five-Point Likert Items: t-test versus Mann-WhitneyWilcoxon (Addendum added October 2012)," Practical Assessment, Research, and Evaluation: Vol. 15, 2010, Article 11. DOI: Available:
Proceedings of 22nd International Multidisciplinary Scientific GeoConference SGEM 2022
22nd International Multidisciplinary Scientific GeoConference SGEM 2022, 04 - 10 July, 2022
Proceedings Paper
STEF92 Technology
International Multidisciplinary Scientific GeoConference SGEM
SWS Scholarly Society; Acad Sci Czech Republ; Latvian Acad Sci; Polish Acad Sci; Serbian Acad Sci and Arts; Natl Acad Sci Ukraine; Natl Acad Sci Armenia; Sci Council Japan; European Acad Sci, Arts and Letters; Acad Fine Arts Zagreb Croatia; Croatian Acad Sci and Arts; Acad Sci Moldova; Montenegrin Acad Sci and Arts; Georgian Acad Sci; Acad Fine Arts and Design Bratislava; Turkish Acad Sci.
04 - 10 July, 2022
circular economy, eco-innovations, eco management, industrial production, quality standards