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Circularity in Portugal: Features of New Business Challenges

Circularity in Portugal: Features of New Business Challenges

Ana Cristina Pego
Copyright: © 2020 |Pages: 17
ISBN13: 9781522578505|ISBN10: 1522578501|ISBN13 Softcover: 9781799811640|EISBN13: 9781522578512
DOI: 10.4018/978-1-5225-7850-5.ch010
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MLA

Pego, Ana Cristina. "Circularity in Portugal: Features of New Business Challenges." Networked Business Models in the Circular Economy, edited by Bogdan Nogalski, et al., IGI Global, 2020, pp. 224-240. https://doi.org/10.4018/978-1-5225-7850-5.ch010

APA

Pego, A. C. (2020). Circularity in Portugal: Features of New Business Challenges. In B. Nogalski, A. Szpitter, A. Jabłoński, & M. Jabłoński (Eds.), Networked Business Models in the Circular Economy (pp. 224-240). IGI Global. https://doi.org/10.4018/978-1-5225-7850-5.ch010

Chicago

Pego, Ana Cristina. "Circularity in Portugal: Features of New Business Challenges." In Networked Business Models in the Circular Economy, edited by Bogdan Nogalski, et al., 224-240. Hershey, PA: IGI Global, 2020. https://doi.org/10.4018/978-1-5225-7850-5.ch010

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Abstract

The use of renewable energy and recycling products is one of the main achievements of organizations. The circular economy (CE) is a new concept which evolves out of a new management assumption in organizations based on recycling, reuse, and repurposing of products. The circular economy provides a framework for facing challenges and a guide for rethinking and redesigning the future. This chapter analyzes the Portuguese market for circular economy organizations based on discussion of the CE conceptual model. The circular economy is expected to contribute positively by introducing new methodologies for the production of raw materials, with new production processes and giving value to eco products. The challenge for Portuguese organizations is to create management “vectors” which promote networking innovation, labor, capital, and eco products. Overall, the conceptual model presented gives importance to Portuguese business decision making for sustainable consumption, which provides advancements in business for the green supply chain.

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