Start-ups within entrepreneurial ecosystems: Transition towards circular economy

M. Klofsten, W. Kanda, D. Bienkowska, Nancy Bocken, Sarfraz A. Mian, Wadid Lamine
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Abstract

This article explores the role of start-ups within entrepreneurial ecosystems in driving the transition towards a circular economy. It emphasises the importance of understanding and supporting circular start-ups for broader sustainability impacts. Unlike established firms, start-ups can readily adopt ambitious circular business models (CBMs) without the risk of business model cannibalisation and with the agility to adapt to market trends. CBMs enhance value creation, delivery and capture resource flows in an optimised non-linear fashion. Scaling up CBMs is crucial for overall economic, social and environmental benefits. Hence, leveraging the key entrepreneurial ecosystems actors, such as universities, business incubators and related venture development intermediaries, is vital for start-up support. In this special issue, we have invited researchers to submit contributions that delve into the dynamics among start-ups, entrepreneurial ecosystems and the circular economy, aiming to enrich our understanding of the early stage start-up development process with the aim of promoting the circular economy at a firm, regional or national level.
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创业生态系统中的初创企业:向循环经济转型
本文探讨了初创企业在创业生态系统中推动向循环经济转型的作用。文章强调了了解和支持循环型初创企业对更广泛的可持续性影响的重要性。与老牌企业不同,初创企业可以随时采用雄心勃勃的循环商业模式(CBMs),而不会面临商业模式被蚕食的风险,并能灵活地适应市场趋势。循环型商业模式以优化的非线性方式提升价值创造和交付,并捕捉资源流。扩大建立信任措施对经济、社会和环境的整体效益至关重要。因此,利用关键的创业生态系统参与者,如大学、企业孵化器和相关的风险开发中介机构,对创业支持至关重要。在本特刊中,我们邀请研究人员投稿,深入探讨初创企业、创业生态系统和循环经济之间的动态关系,旨在丰富我们对早期初创企业发展过程的理解,从而在企业、地区或国家层面促进循环经济的发展。
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Book review: Entrepreneurship and Enterprise Development in Africa Entrepreneurial finance and institutional logics in an emerging economy Start-ups within entrepreneurial ecosystems: Transition towards circular economy Start-ups within entrepreneurial ecosystems: Transition towards circular economy Entrepreneurial fear of failure and exit intention: The moderating role of a conducive social environment
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