Success Factors of Sustainable Social Enterprises Through Circular Economy Perspective
The scope of the research is to find out how social entrepreneurship operations can be modelled within existing business methods using circular economy principles. A literature review was undertaken in order to clarify and find out different opinions regarding circularity and social businesses model...
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| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2017-05-01
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| Series: | Visegrad Journal on Bioeconomy and Sustainable Development |
| Subjects: | |
| Online Access: | https://doi.org/10.1515/vjbsd-2017-0003 |
| _version_ | 1811329064607154176 |
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| author | Stratan Dumitru |
| author_facet | Stratan Dumitru |
| author_sort | Stratan Dumitru |
| collection | DOAJ |
| description | The scope of the research is to find out how social entrepreneurship operations can be modelled within existing business methods using circular economy principles. A literature review was undertaken in order to clarify and find out different opinions regarding circularity and social businesses models. Moreover, the author interviewed managers of different social mission organizations in order to find out the critical factors that determine the sustainability and performances of the organizations. Using the results of the field and desk research, the author suggests the following business model elements to be considered by social enterprises aiming to implement circular economy principles: Desired social and environment vision; Value proposition; Alignment of organizations to the strategy and acceleration of change through executive leadership implication; Financial sustainable perspective: a) to increase financial resources and b) to manage costs; Stakeholders perspective: a) customers segments, b) users, c) employees, d) community beneficiaries, e) channels, f) customer relationships, g) Key partnerships; Internal process perspective: a) processes necessary to use circular economy principles; b) impact measurement and key activities; c) internal and external communication; Resources perspective: a) networks; b) skills on circular principles and social impact; c) information and technologies.` |
| first_indexed | 2024-04-13T15:37:12Z |
| format | Article |
| id | doaj.art-0a3c6aa2741e4ef08f277db62fd70236 |
| institution | Directory Open Access Journal |
| issn | 1339-3367 |
| language | English |
| last_indexed | 2024-04-13T15:37:12Z |
| publishDate | 2017-05-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Visegrad Journal on Bioeconomy and Sustainable Development |
| spelling | doaj.art-0a3c6aa2741e4ef08f277db62fd702362022-12-22T02:41:14ZengSciendoVisegrad Journal on Bioeconomy and Sustainable Development1339-33672017-05-0161172310.1515/vjbsd-2017-0003vjbsd-2017-0003Success Factors of Sustainable Social Enterprises Through Circular Economy PerspectiveStratan Dumitru0Szent István University, Gödöllő, HungaryThe scope of the research is to find out how social entrepreneurship operations can be modelled within existing business methods using circular economy principles. A literature review was undertaken in order to clarify and find out different opinions regarding circularity and social businesses models. Moreover, the author interviewed managers of different social mission organizations in order to find out the critical factors that determine the sustainability and performances of the organizations. Using the results of the field and desk research, the author suggests the following business model elements to be considered by social enterprises aiming to implement circular economy principles: Desired social and environment vision; Value proposition; Alignment of organizations to the strategy and acceleration of change through executive leadership implication; Financial sustainable perspective: a) to increase financial resources and b) to manage costs; Stakeholders perspective: a) customers segments, b) users, c) employees, d) community beneficiaries, e) channels, f) customer relationships, g) Key partnerships; Internal process perspective: a) processes necessary to use circular economy principles; b) impact measurement and key activities; c) internal and external communication; Resources perspective: a) networks; b) skills on circular principles and social impact; c) information and technologies.`https://doi.org/10.1515/vjbsd-2017-0003social entrepreneurshipcircular economybusiness modelsustainability |
| spellingShingle | Stratan Dumitru Success Factors of Sustainable Social Enterprises Through Circular Economy Perspective Visegrad Journal on Bioeconomy and Sustainable Development social entrepreneurship circular economy business model sustainability |
| title | Success Factors of Sustainable Social Enterprises Through Circular Economy Perspective |
| title_full | Success Factors of Sustainable Social Enterprises Through Circular Economy Perspective |
| title_fullStr | Success Factors of Sustainable Social Enterprises Through Circular Economy Perspective |
| title_full_unstemmed | Success Factors of Sustainable Social Enterprises Through Circular Economy Perspective |
| title_short | Success Factors of Sustainable Social Enterprises Through Circular Economy Perspective |
| title_sort | success factors of sustainable social enterprises through circular economy perspective |
| topic | social entrepreneurship circular economy business model sustainability |
| url | https://doi.org/10.1515/vjbsd-2017-0003 |
| work_keys_str_mv | AT stratandumitru successfactorsofsustainablesocialenterprisesthroughcirculareconomyperspective |