Circular Entrepreneurship Ecosystems

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Circular Entrepreneurship Ecosystems

Challenges, Opportunities and Future Trends

9781035318230 Edward Elgar Publishing
Edited by João J. Ferreira, Full Professor in Management, Universidade da Beira Interior and NECE – Research Centre for Business Sciences, Portugal and QUT – Australian Centre for Entrepreneurship Research, Australia, Magnus Klofsten, Professor, Department of Management and Engineering, Linköping University, Sweden and David Urbano, Professor of Entrepreneurship, Department of Business and Centre for Entrepreneurship and Social Innovation Research (CREIS), Universitat Autònoma de Barcelona, Spain
Publication Date: January 2025 ISBN: 978 1 03531 823 0 Extent: c 340 pp
João J. Ferreira, Magnus Klofsten and David Urbano along with their contributing authors, analyse circular economy entrepreneurship (CEship) in depth in this book, exploring the process of seizing opportunities in the circular economy domain to achieve sustainability goals. Examining the challenges and successes of developing CEship ecosystems across diverse geographical contexts, they discuss lessons learned and identify important future trends in the field.

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Critical Acclaim
Contents
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João J. Ferreira, Magnus Klofsten and David Urbano along with their contributing authors, analyse circular economy entrepreneurship (CEship) in depth in this book, exploring the process of seizing opportunities in the circular economy domain to achieve sustainability goals. Examining the challenges and successes of developing CEship ecosystems across diverse geographical contexts, they discuss lessons learned and identify important future trends in the field.

Chapters focus on the importance of collaborative relationships and local adaptation, as well as the role of government policies. They systematically review sustainable entrepreneurship, focusing on institutional and ecosystem factors, the challenges for circular ventures, and the complexities of growing these programs and paths to achieve success. Authors shed light on the specificities of CEship ecosystems and provide insights into effective strategies through case studies, such as the smartphone market, universities, and the Spanish town of Cheste, to show fostering CEship in different regions.

Circular Entrepreneurship Ecosystems is a vital read for students and academics in business, economics, management and sustainability. It will also be beneficial to entrepreneurs, business support actors and policymakers.
Critical Acclaim
‘This book on circular entrepreneurship ecosystems is at the crossroads of three popular areas of research: circular economy, sustainability and entrepreneurship ecosystems. Making an attempt to address important issues and challenges our societies are confronted with, this more than needed book is bringing a clear picture of a state-of-the-art of research at the intersection of these domains and opening new and interesting avenues for future research. As stated by the editors and we agree with them: “This book serves as a catalyst for researchers and policymakers to further explore the theory of entrepreneurship ecosystems within the framework of the circular economy”. In other words, it tries to answer the key question: to which extent the concept of entrepreneurship ecosystem could be theorized and applied to make our world more sustainable, in particular in the context of circular economy?’
– Alain Fayolle, IDRAC Business School, France, and Turku School of Economics, Finland

‘Transitioning to a circular economy implies shifting entrepreneurial activities away from profit-maximizing take-make-use-dispose practices toward value creation based on sustainability and circularity principles. This book brings together leading researchers from various disciplines and geographic contexts. It is a must-read for researchers and policymakers, providing up-to-date knowledge and insightful understanding of emerging circular entrepreneurial ecosystems.’
– Olof Hjelm, Linköping University, Sweden

‘The concept of the circular economy is a paradigm shift in the explanation and design of economic processes and the opportunities that open up for start-ups and entrepreneurs. This book provides important conceptual and empirical foundations for this. It also highlights the need for further research and action. A theory for the great transformation to a circular economy is on the further research agenda.’
– Klaus Fichter, Borderstep Institute, Germany

‘As the world grapples with sustainability challenges, the need for pursuing more sustainable development strategies and calls for a more circular economy are now more pressing than ever. Entrepreneurship as a driving force for economic development has to be a relevant part of these strategies. Entrepreneurial ecosystems provide an important context to better understand how entrepreneurship flourishes. This book addresses and bridges these two critical areas. It introduces a systematic perspective on the novel concept of circular entrepreneurship (CEship) ecosystems, making it a valuable resource for anyone interested in entrepreneurship and the circular economy, particularly those who want to understand how these two forces can work in tandem. It discusses the theories behind CEships and provides real-world examples from across the globe. This comprehensive approach offers valuable insights into the challenges and opportunities of CEships. It also provides practical guidance for researchers, policymakers, and entrepreneurs, or anyone interested in the value of these ideas for their own community. If this is your case, this book can be an important addition to your toolkit.’
– Soumodip Sakar, University of Évora and Alentejo Science & Technology Park (PACT), Portugal, and Harvard University, US

‘Circular economic principles herald a paradigm shift for entrepreneurship. Editors Ferreira, Klofsten, and Urbano have assembled a powerhouse of contributions that sheds new light on what this shift means for entrepreneurs. Advents of various advanced technologies, policy changes, and generational shifts are setting the stage for increased entrepreneurial intensity in the areas of social enterprise, sustainability, and ecosystem development. Circular Entrepreneurship, as presented in this scholarly book, extends circular economic principles to offer a richer and better context for these areas of entrepreneurship to keep evolving in better harmony with each other. The results of this evolution entail radically positive implications for business, society, and the environment. The entrepreneurs, scholars, and students of today should think very strategically about the future key role of entrepreneurship in the transition to a circular economy and in the achievement of national sustainable development goals. This book is rooted in deep conceptual foundations and oriented toward practical application, which make it an incredibly rich source of information for such strategic entrepreneurial thinking.’
– Patrick J. Murphy, University of Alabama at Birmingham, US
Contents
Contents
Foreword
1 Circular entrepreneurship ecosystems: an overview 1
João J. Ferreira, Magnus Klofsten and David Urbano
2 Sustainable and circular entrepreneurship ecosystems from an institutional approach: a systematic literature review 11
Carolin Maaßen and David Urbano
3 The need for a systemic entrepreneurial solution to the sustainability challenge; evidence from the Welsh circular economy and beyond 41
David A. Kirby and Felicity Healey-Benson
4 Circular new ventures: overcoming their liabilities of newness 59
Wisdom Kanda, Dzamila Bienkowska and Magnus Klofsten
5 Integrated framework for sustainable and inclusive development through Circular Efficacious Entrepreneurship and Innovation Ecosystems 77
Elias G. Carayannis, Evangelos Grigoroudis, Pantelis C. Kostis, Theodora Valvi and Kyriaki I. Kafka
6 Sustainable entrepreneurship education in circular entrepreneurship ecosystems 97
Ziad El-Awad Awad, Jonas Gabrielsson and Diamanto Politis
7 Aligning actors and action via a method for Systemic Problem-Solution Assessment (SProSA): the case of circular ecosystems 117
Anna Margolis and Fenna Blomsma
8 Empowering circular economies: unveiling the dynamics of social business models in rural Sri Lanka 153
Chanaka Wijewardena and Hussain G. Rammal
9 Circular economy dynamics and country clusters: evidence for European countries 177
Ewa Lechman and Magdalena Popowska
10 Entrepreneurial ways of designing sustainable smartphones: towards effectual born-circular ventures and business models 215
Ines P. Junge and Yangyang Zhao
11 Unlocking circular potential: the influence of personality traits on university students’ circular entrepreneurial attitude and intention 259
João M. Lopes, Sofia Gomes, Micaela Pinho and João J. Ferreira
12 Public entrepreneurship: a case study of new strategies, eco-innovation, and SDGs 289
Fernando Castelló-Sirvent, Eduard Farran-Teixidó and Marta Peris-Ortiz
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