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Circular Economy practices of Small to Medium Enterprises in South Wales

Gary Walpole Orcid Logo, Kay Renfrew

Swansea University Authors: Gary Walpole Orcid Logo, Kay Renfrew

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Abstract

This research aimed to gain a better understanding of the Circular Economy (CE) practices of Small to Medium Enterprises (SMEs) in Wales in order to give policy makers a clearer understanding of the challenges of encouraging businesses to incorporate CE practices. Therefore, this report sets out to...

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ISBN: 978-1-911503-03-3 978-1-911503-03-3
Published: Wales, UK Swansea University 2018
URI: https://cronfa.swan.ac.uk/Record/cronfa40956
first_indexed 2018-07-10T10:31:22Z
last_indexed 2025-05-01T03:25:39Z
id cronfa40956
recordtype SURis
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spelling 2025-04-30T14:11:37.3640862 v2 40956 2018-07-09 Circular Economy practices of Small to Medium Enterprises in South Wales 7563ad91843f7ea9e00890294bbd29ea 0000-0002-3438-8192 Gary Walpole Gary Walpole true false 32e6283bcc426809407ed61321705cf6 Kay Renfrew Kay Renfrew true false 2018-07-09 CBAE This research aimed to gain a better understanding of the Circular Economy (CE) practices of Small to Medium Enterprises (SMEs) in Wales in order to give policy makers a clearer understanding of the challenges of encouraging businesses to incorporate CE practices. Therefore, this report sets out to understand the innovation practices and capabilities of SMEs and their incorporation of CE principles into their continuous improvement (CI) and new product and service development (NPD/SS) processes. Nascent research suggests that SMEs are more likely to adopt CE practices into their NPD/SS processes if they appear to add value for their goods and services . It would therefore appear beneficial to develop the innovative capacity of business in Wales if we are to see business incorporate CE principles into their products and services. The survey described in this report aimed to provide information to the CESME project, an Interreg Europe project. The CESME project aims to address and improve the effectiveness and impact of policy instruments, stimulating SMEs to overcome years of conventional production methods and shift towards green innovation – and circular economy at best. Specifically, the project aims to provide policy makers with the knowledge and understanding of the potentials within the green economy, and make them aware of the challenges and barriers that SMEs face in this regard. The Wales partner in the CESME project undertook a small research project to understand better the CE practices of SMEs in Wales and the extent of their innovation capabilities and so identify which sectors and size businesses might be more receptive to policy instruments ResearchReportExternalBody Swansea University Wales, UK 978-1-911503-03-3 978-1-911503-03-3 innovation, Circular Economy, SMEs, Smalll to Medium Enterprises, Innovation Management, environmental innovation 9 7 2018 2018-07-09 COLLEGE NANME Management School COLLEGE CODE CBAE Swansea University Welsh Government Not Required 2025-04-30T14:11:37.3640862 2018-07-09T12:57:19.0000000 Faculty of Humanities and Social Sciences School of Management - Business Management Gary Walpole 0000-0002-3438-8192 1 Kay Renfrew 2 0040956-09072018134556.pdf CESMESurvey_finalReport.pdf 2018-07-09T13:45:56.4630000 Output 882855 application/pdf Version of Record true 2018-07-09T00:00:00.0000000 Published under the terms of the Open Government Licence (OGL): http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/ true eng
title Circular Economy practices of Small to Medium Enterprises in South Wales
spellingShingle Circular Economy practices of Small to Medium Enterprises in South Wales
Gary Walpole
Kay Renfrew
title_short Circular Economy practices of Small to Medium Enterprises in South Wales
title_full Circular Economy practices of Small to Medium Enterprises in South Wales
title_fullStr Circular Economy practices of Small to Medium Enterprises in South Wales
title_full_unstemmed Circular Economy practices of Small to Medium Enterprises in South Wales
title_sort Circular Economy practices of Small to Medium Enterprises in South Wales
author_id_str_mv 7563ad91843f7ea9e00890294bbd29ea
32e6283bcc426809407ed61321705cf6
author_id_fullname_str_mv 7563ad91843f7ea9e00890294bbd29ea_***_Gary Walpole
32e6283bcc426809407ed61321705cf6_***_Kay Renfrew
author Gary Walpole
Kay Renfrew
author2 Gary Walpole
Kay Renfrew
format ResearchReportExternalBody
publishDate 2018
institution Swansea University
isbn 978-1-911503-03-3
978-1-911503-03-3
publisher Swansea University
college_str Faculty of Humanities and Social Sciences
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hierarchy_top_title Faculty of Humanities and Social Sciences
hierarchy_parent_id facultyofhumanitiesandsocialsciences
hierarchy_parent_title Faculty of Humanities and Social Sciences
department_str School of Management - Business Management{{{_:::_}}}Faculty of Humanities and Social Sciences{{{_:::_}}}School of Management - Business Management
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description This research aimed to gain a better understanding of the Circular Economy (CE) practices of Small to Medium Enterprises (SMEs) in Wales in order to give policy makers a clearer understanding of the challenges of encouraging businesses to incorporate CE practices. Therefore, this report sets out to understand the innovation practices and capabilities of SMEs and their incorporation of CE principles into their continuous improvement (CI) and new product and service development (NPD/SS) processes. Nascent research suggests that SMEs are more likely to adopt CE practices into their NPD/SS processes if they appear to add value for their goods and services . It would therefore appear beneficial to develop the innovative capacity of business in Wales if we are to see business incorporate CE principles into their products and services. The survey described in this report aimed to provide information to the CESME project, an Interreg Europe project. The CESME project aims to address and improve the effectiveness and impact of policy instruments, stimulating SMEs to overcome years of conventional production methods and shift towards green innovation – and circular economy at best. Specifically, the project aims to provide policy makers with the knowledge and understanding of the potentials within the green economy, and make them aware of the challenges and barriers that SMEs face in this regard. The Wales partner in the CESME project undertook a small research project to understand better the CE practices of SMEs in Wales and the extent of their innovation capabilities and so identify which sectors and size businesses might be more receptive to policy instruments
published_date 2018-07-09T05:27:50Z
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