Circular Economy and New Business Models

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074). This special issue belongs to the section "Sustainability and Finance".

Deadline for manuscript submissions: closed (31 December 2022) | Viewed by 9760

Special Issue Editors


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Guest Editor
Institute of Economics and Rural Development, Lithuanian Centre for Social Sciences, 03220 Vilnius, Lithuania
Interests: efficiency and productivity analysis; agricultural economics; resource economics; multi-criteria analysis
Special Issues, Collections and Topics in MDPI journals

E-Mail Website
Guest Editor
Institute of Economics and Rural Development, Lithuanian Centre for Social Sciences, 03220 Vilnius, Lithuania
Interests: sustainable development; integrated analysis
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

The circular economy is new way for the economy to work. The idea of a circular economy is closely linked to the sustainable development concept and provides a lot of benefits for addressing important environmental risks, including climate change. Therefore, products that can be “made to be made again” should be designed and the economic system should be powered with renewable energy. New policies and measures are necessary to build a restorative economy. Circular models are especially important for business, as they provide higher efficiency and profitability, lower cost, better innovation, and stronger relationships with customers.

This Special Issue welcomes contributions of scholars from various fields to close these gaps and to shed more light on problems of circular economy development. There are several important research areas which are necessary to address, such as volatile growing conditions and risks, pressures on supply and margins in food production, as well as changing consumer preferences, inefficient and wasteful linear models of food supply chains, and development of new business models. Large-scale quantitative research based on big data, theoretical studies, business reviews, and case studies are welcome.

Prof. Dr. Tomas Baležentis
Prof. Dr. Dalia Streimikiene
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Journal of Risk and Financial Management is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • circular economy
  • sustainable development
  • food waste
  • renewable energy
  • climate change mitigation

Published Papers (2 papers)

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Research

16 pages, 287 KiB  
Article
Factors Influencing the Financial Situation and Management of Small and Medium Enterprises
by Nurul Mohammad Zayed, Isse Sudi Mohamed, Khan Mohammad Anwarul Islam, Iryna Perevozova, Vitalii Nitsenko and Olena Morozova
J. Risk Financial Manag. 2022, 15(12), 554; https://doi.org/10.3390/jrfm15120554 - 26 Nov 2022
Cited by 14 | Viewed by 5201
Abstract
The ambition of this study was to identify the factors that influence the financial situations of small and medium enterprises (SMEs) in Somalia. The research objectives of this study were to determine how capital building affected the financial situations of SMEs in Somalia, [...] Read more.
The ambition of this study was to identify the factors that influence the financial situations of small and medium enterprises (SMEs) in Somalia. The research objectives of this study were to determine how capital building affected the financial situations of SMEs in Somalia, how human resource capacity affected the financial situations of SMEs, and what the impact of access to financing was according to the business conditions of SMEs. This study uses both descriptive and quantitative research approaches. The study’s main demographics consisted of 90 SMEs in Somalia; the shortage of female personnel may also be a disadvantage, considering that most paying customers were female. The study’s first research question was to investigate whether the use of committees improves the quality and efficiency of the board’s tasks and mandates. The study’s second research question was to determine the impact of human resources. The study’s findings about market adoption of technological trends also revealed a strong positive relationship between human resource performance and financial performance. The Somali government should implement SME policies based on development and new growth industries, such as migration. Investment and credit firms, such as private sector banks and donor organizations, should lower the requirements for their investments. SME owners and managers should hire educated staff and increase the number of female employees. SME owners and managers should develop training schedules focusing on financial management, innovation, communication, and promotional abilities. Full article
(This article belongs to the Special Issue Circular Economy and New Business Models)
16 pages, 645 KiB  
Article
Climate Insurance for Agriculture in Europe: On the Merits of Smart Contracts and Distributed Ledger Technologies
by Reimund Schwarze and Oleksandr Sushchenko
J. Risk Financial Manag. 2022, 15(5), 211; https://doi.org/10.3390/jrfm15050211 - 5 May 2022
Cited by 4 | Viewed by 3906
Abstract
Climate insurance has become a crucial issue due to the increasing number of climate-related catastrophic events and the associated losses for the economy in general and insurance companies in particular. The extremely hot and dry summers of 2018 and 2019 in some European [...] Read more.
Climate insurance has become a crucial issue due to the increasing number of climate-related catastrophic events and the associated losses for the economy in general and insurance companies in particular. The extremely hot and dry summers of 2018 and 2019 in some European countries highlighted existing weaknesses in European agricultural insurance mechanisms, with farmers having to wait for months before compensation payments could be made. Our paper compares features of yield-based insurance and index-based insurance (IBI) in agriculture in the light of new developments and trends in information technology (IT). The results show that applying Distributed Ledger Technologies (DLT) in combination with IBI could not only resolve existing problems but also facilitate the development of innovative risk management tools under the EU’s Common Agricultural Policy (CAP) post-2020 reform. Full article
(This article belongs to the Special Issue Circular Economy and New Business Models)
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