Abstract
The chapter focuses on the critical analysis of youth entrepreneurship in a circular economy. Youth entrepreneurs are important stakeholders in the circular economy operated in both developing and developed business environments. Youth entrepreneurial business activities include renewable energy, recycling, waste management, and organic food production. Youth entrepreneurial business activities are known to create both social and economic impacts in business environments despite the presence of several limiting issues and challenges that affect their overall potential as circular value creators in the circular economy. Some challenges experienced by youth entrepreneurs in a circular economy include waste prevention and lack of new and innovative circular technologies. In addition, key solutions to the challenges faced by youth entrepreneurs in a circular economy were discussed and analyzed.
TopObjectives
The following are the objectives of the book chapter:
- 1.
To examine the state of the art of youth entrepreneurship in a circular economy;
- 2.
To identify evidence of the activities of youth entrepreneurs in a circular economy operating in developing and developed business environments; and
- 3.
To analyze the case studies of youth entrepreneurs operating in circular economies present in both developing and developed business environments.
Key Terms in this Chapter
Youth: A young person, usually between 14 and 35 years old.
Environment: This refers to existing conditions in any geographical location.
Regeneration: A process of renewal/rebirth.
Waste Management: This involves the identification, collection, transportation, and processing (disposal or recycling) of waste.
Reuse: A practice of continuous usage of an item for a particular or different purpose.
Waste Economy: An economy that operates based on waste.
Pollution: This is the introduction of harmful substances into the environment.
Recycle: A process of converting waste materials for reuse as new materials or products.
Entrepreneurship: A business activity that leads to the creation of a company where the business owner takes full responsibility for the financial risk involved in running the business.