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Slovenian companies and the circular economy

Slovenian companies and a circular economy: Slovenian Business Observatory 2017

Slovenian entrepreneur observatory

Type:

Author: 
Karin Širec, Barbara Bradač Hojnik, Matjaž Denac, Dijana Močnik
Publication Date: 
March, 2018
Country: 
Slovenia

Language for original content:

Scope:

Contact: 
Barbara Bradač Hojnik

Since 2000, the “Slovenian Entrepreneurship Observatory” publishes a report annually providing analysis of the situation of Slovenian companies and insight into Slovenian entrepreneurship. In 2018 this report had a thematic focus on the circular economy (CE), with the authors centring in on the drivers and barriers to SMEs integrating CE into business practice.

This report first provides a theoretical framework for the CE, which aims to raise awareness and facilitate information exchange between companies and individuals looking to spread circular innovation. Simultaneously this report also provides an overview of the barriers companies face in transitioning towards circularity, which include a lack of comparable indicators to benchmark and track progress; cost of eco-design; administrative burden; access to finance and a lack of awareness about the concept itself: in 2017, a survey of businesses indicated only 32% had some understanding of what a circular economy is. This survey also revealed businesses perceive economic, environmental and regulatory opportunities as the main drivers towards circularity.

The report concludes with practical aspects of CE implementation at the level of enterprises, presenting a case study which highlights the situation and the possible use of eco-design in Slovenian SMEs operating in the construction sector and conclusions with recommended steps to overcome the barriers identified.