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Title: IMPLEMENTATION OF THE CIRCULAR ECONOMY STRATEGIES IN DIFFERENT INDUSTRIAL PRODUCTION SECTORS
IMPLEMENTATION OF THE CIRCULAR ECONOMY STRATEGIES IN DIFFERENT INDUSTRIAL PRODUCTION SECTORS

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Una Libkovska; Ivo Lemss; Inta Ozola
10.5593/sgem2023/5.1/s20.08
10.5593/sgem2023/5.1
1314-2704
978-619-7603-60-6
English
23
5.1
•    Prof. DSc. Oleksandr Trofymchuk, UKRAINE 
•    Prof. Dr. hab. oec. Baiba Rivza, LATVIA
Ecology and Environmental Protection
The challenges of economic growth in today's economy are to create optimistic cooperation between industries and the state, local authorities and to maintain sustainability by balancing economic, environmental and social interests. The transition to a circular economy is in many cases understood only as an unnecessary barrier rather than as a new business model. Production based on a linear "take, make, dispose" model is no longer feasible on the grounds of environmental degradation. The aim of the study is to develop an adapted model for the implementation of a circular economy strategy for the long-term sustainable development of Latvian SMEs. The objective will be achieved by a detailed study of the circular economy factors influencing the development of SMEs. The stratified sampling method used in the study justifies the selection of five industrial sectors: agriculture, manufacturing, energy, water supply, wastewater and waste management and construction. These sectors are mainly associated with high consumption of various natural resources, including water, energy, raw materials and intensive waste flows (non-hazardous and hazardous waste). A stratified selection of specific enterprises was selected in all Latvian statistical planning regions. The expected outcome of the study is the development of an appropriate circular economy strategy model and criteria for SMEs in the manufacturing sector, as well as recommendations and proposals for the introduction and adaptation of ecoinnovation for successful development.
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conference
https://doi.org/10.5593/sgem2023/5.1/s20.08
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Proceedings of 23rd International Multidisciplinary Scientific GeoConference SGEM 2023
23rd International Multidisciplinary Scientific GeoConference SGEM 2023, 03 - 09 July, 2023
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.
65-72
03 - 09 July, 2023
website
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circular economy, eco-innovation, environmental sustainability, strategic management, regional development