Resource efficiency strategies based on the circular economy


Keywords: circular economics, level of economics, business model, strategy

Abstract

Purpose – to describe resource efficiency strategies based on the circular economy.

Design/Method/Approach. Logical and critical, abstract-logical methods are used for the theoretical generalization of crucial approaches to the formation of resource-efficiency strategies based on the circular economy.

Research results. There were considered the scientific and theoretical approaches to the formulation of resource-efficiency strategies based on the circular economy. The circularity strategies within the production chain has been formed in the order of priority. The idea of classifying circular strategies has been expanded.

Practical implications. The results of the research allow establishing a target system of the circular economy structure, to show the possible effect of the circular economy.

Originality/Value. The theoretical bases for the development of the circular economy in terms of identification of the essential tools for the resource-efficiency strategies implementation based on the principles of the circular economy at micro-,       macro-, meso-, and mega-levels.

Research limitations/Future research. The research serve as the basis for further evaluation and forecasting of the operation efficiency, costs optimization of the production resources and entity’s commercial activity, making the mechanism for the sustainable economic development of the enterprise.

.Paper type – theoretical. 

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Published
2019-12-25
How to Cite
Nikolaienko, A. (2019). Resource efficiency strategies based on the circular economy. European Journal of Management Issues, 27(3-4), 90-98. https://doi.org/10.15421/191910