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Circular Economy Entrepreneurship in Denmark

Periodic Reporting for period 1 - CEED (Circular Economy Entrepreneurship in Denmark)

Reporting period: 2019-10-01 to 2021-09-30

What is the problem/issue being addressed?

The problem/issue being addressed is centered on how entrepreneurship contributes to a transition to the circular economy by identifying enablers and barriers to unleashing circular economy entrepreneurship.

Why is it important for society?

Sustainability is a global concern. But efforts to address the issues of sustainability has been focused on existing firms at a global level. However, entrepreneurial ventures can play a very significant role in enhancing a transition to a circular economy through the exploitation and creation of opportunities germane to such a transition. Circular economy entrepreneurship if promoted, is a major opportunity to achieve sustainability by increasing resource productivity, addressing environmental issues and generating employment. However, the fulfillment of the potential of the circular economy therefore hinges on the emergence of a new generation of entrepreneurs that operate in accordance with the circularity logic. At present, very little is known about how entrepreneurs build new ventures that create and support a circular economy whilst being economically viable and competitive. This study is therefore important to society because it will provide insights, information, knowledge and guidance that will accelerate a transition to a circular economy through entrepreneurship.

What are the overall objectives?

The overall objectives of the project include the following:
• To contribute to the transition to a circular economy through entrepreneurship by identifying the enablers and barriers to this type of entrepreneurship in Denmark.
• Map, evaluate and compare existing circular entrepreneurship businesses in various sectors and regions in Denmark.
• Identify enabling and constraining factors and conditions in exploiting or creating entrepreneurial opportunities and developing business models taking into account the differences across sectors, markets, institutional and sectorial aspects, and business models.
• Contribute to the development of circular economy entrepreneurship as an emerging academic field and to provide the validity and the rigor required to establish the field.
• To develop the competencies and professional values necessary for the researcher to become an attractive candidate for an academic position in Europe and as a recognized expert in the field of circular economy entrepreneurship.
1) Project commencement meetings: Successfully engaged with the supervisor, academic, administrative and technical staff of the department and the staff specifically assigned for the administration of the project.
2) Development of the Data Management Plan (DMP) and the Career Management Plan (CMP): Successful completion of the initial DMP and CMP.
3) Participated in an e-learning courses on research data management and data protection: Successfully completed the courses with a certificate on data protection.
4) Mapping entities in Denmark operating with a circularity logic: Identified firms, organizations, experts and projects involved in the transition to a circular economy in Denmark.
5) Desk research and literature review: Identified relevant literature, reports and documents necessary to explore the state of the art regarding circular economy entrepreneurship.
6) Attended a conference on “Excellence in Research Communication”: Successfully participated in the conference.
7) Attended a project management course organized by SDU: Successfully completed the Design and manage your projects course and obtained a certificate.
8) First meeting with the identified research participants: Successful face to face meetings with identified research participants and they expressed their willingness to participate.
9) Formal presentation of the project to the Department of Entrepreneurship and Relationship Management (SDU): Successfully presented the project to the department. Positive reaction from the audience and constructive feedback.
10) Preparation for a guest lecture on “Sustainability and Entrepreneurship” at the Department of Cultural Studies, SDU.: Lecture slides prepared and submitted to the department.
11) Writing an integrated literature review on circular economy entrepreneurship: Submitted extended abstracts for the 2020 Nordic Workshop and Conference on Small Business.
12) Attended a seminar on circular economy ecosystems: Interact with the presenter and held fruitful discussions for future collaborative research.
13) Training on interactive lecturing: Successfully participated in the webinar
14) Preparing semi-structured interview guidelines: Identified themes to be discussed during interviews
• Identification of relevant literature.
• Identification of potential research participants.
• Meeting with potential participants (physical and virtual).
• Preparation for field studies (participant information sheet, consent forms, interview guidelines).
• To collect data from different entities (firms, organizations, experts, potential entrepreneurs etc.).
• Analysis of data.
• Preparation of conference and research papers.
• Training in pedagogy and academic practice.
• Creation of awareness about the project in the business community.
• Identification of the enablers and constraints to unleashing circular economy entrepreneurship at the individual, firm and societal levels.
• Development of pertinent circular economy business models for nascent firms, startups and existing firms.
• Promotion of circular economy entrepreneurship at the local, regional and national levels.
First meeting with ressearch participants from Upsacling Scandinavian
Presentation of the CEED project at SDU Department of Entrepreneurship and Relationship Management