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All Journal Jurnal Ilmu Manajemen (JIM) EKONOMIS : Journal of Economics and Business Media Mahardhika JABE (Journal of Applied Business and Economic) Jurnal Perilaku dan Strategi Bisnis Jurnal Ilmiah Edunomika (JIE) juremi: jurnal riset ekonomi International Journal of Education, Social Studies, And Management (IJESSM) International Journal of Economics, Business, and Entrepreneurship (IJEBE) Jurnal Penelitian Inovatif Improvement: Jurnal Manajemen dan Bisnis KINDAI : Kumpulan Informasi dan Artikel Ilmiah Manajamen dan Akuntansi SENTRI: Jurnal Riset Ilmiah Jurnal Ilmu Sosial Humaniora Indonesia Journal of Artificial Intelligence and Digital Business Journal of Applied Economics in Developing Countries Ekomania Jurnal Bisnis Kreatif dan Inovatif Review of Management, Accounting, and Business Studies Jihapenmas International Journal of Economics, Business and Innovation Research International Journal of Islamic Finance (IJIF)
Mochamad Fatchurrohman
STIE Mahardhika
Religion Aerospace Engineering Arts Humanities Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Electrical & Electronics Engineering Engineering Law, Crime, Criminology & Criminal Justice Public Health Social Sciences Other

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Journal : Journal of Applied Economics in Developing Countries

 1 
CIRCULAR ECONOMY TRANSFORMATION IN MSMES: SUSTAINABLE BUSINESS MODEL INNOVATION TO ENHANCE ECONOMIC AND ENVIRONMENTAL PERFORMANCE Iman Supriadi; Mochamad Fatchurrohman; Etin Puspita Sari
Journal of Applied Economics in Developing Countries Vol 10, No 1 (2025): Journal of Applied Economics in Developing Countries
Publisher : MESP–FEB UNS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jaedc.v10i1.99036

Abstract

This study analyzes the transformation of the circular economy in micro, small, and medium enterprises (MSMEs) through sustainable business model innovation and evaluates its impact on economic and environmental performance. The research aims to identify key factors influencing the successful implementation of circular economy principles and propose a theoretical framework relevant to developing countries. Employing a qualitative approach, this study utilizes a case study design and secondary data analysis, drawing from peer-reviewed journals, industry reports, and policy documents. Thematic analysis is applied to extract key patterns and relationships that support circular economy adoption in MSMEs. The findings reveal that integrating resource efficiency, waste reduction, and digital technologies enhances MSME competitiveness while promoting sustainability. Key success factors include leadership commitment, strategic partnerships, and access to technology and financing. This study contributes to the literature by offering a comprehensive framework that integrates circular economy principles with business model innovation in the MSME context. Practically, it provides strategic insights for policymakers, business leaders, and academics to accelerate the transition toward sustainable business models. Future research should focus on empirical validation and sector-specific applications to strengthen the framework’s applicability. By adopting circular economy strategies, MSMEs can enhance their resilience, drive sustainable economic growth, and contribute to global environmental goals.
Co-Authors Abadi, Rukhul Ainur Rohman Ajeng Nurwinda Desiane Alfiyatussholichah Alfiyatussholichah, Alfiyatussholichah Ananda Dawam, Putri Tariza Anggita Putri Ananda Anggita Vira Yunita Arfie Laillya Azrawanda Putri Ayu Devina Putri Azhara, Chovinisca Ramadhani Bambang Sri Wibowo Baramadya Damarsari Ratnasahara Elisabeth Damarsari Ratnasahara Elisabeth Della Amanda Safira Putri Desvita Uno Henvi Devi Amiliana Devine Paramitha W Diana Pujiyani Dika Prayogi Elisabeth, Damarsari Ratnasahara Elsa Sefrillia Emmywati Endri Haryati Etin Puspita Sari Etin Puspita Sari Etin Puspita Sari Evi Thelia Sari Fajar Tenovita Sari Fajar Tenovita Sari Fanny Dwi Puspitasari Fianita Malati Fitrianty, Rifda Hayati, Cucu Ike Nur Fadlilah Iman Supriadi Irfana, Maisyatus Su'adaa Kusmayati, Nindya Kartika Kustiningsih, Nanik Lailul Hidayat Laras Mei Purbianti Leonard Adrie Manafe Lindra Dwi Pramudya Luluk Masluka M Azizul Khakim M. Syamsul Ma’arif M.M., Noneng R Sukatmadiredja Maghfiroh, Rahma Ulfa Muhammad Gunawan Wibisono, Muhammad Gunawan Muhammad Lutfi Mukhtar Nafiqoh, Anin Natalia Margaretha Noneng R Sukatmadiredja Noneng R Sukatmadiredja Noneng R Sukatmadiredja Octavia Yasmin Putri Pratiwi Parwita Setya Wardhani Parwita Setya Wardhani Parwita Setya Wardhani Priscadella Putri Christiyanti Purbo Kuncoro, Hanggoro Purwanto Purwanto Purwanto Purwanto, Purwanto Puspitasari, Fanny Dwi Reshita Putri maharani Rhohmawati, Iin Rievca, Savira Rizka Aisyanti Rony, Zahara Tussoleha Rosi, Fathur Salsabilla Aulia Az Zahrah Sari, Anita Kartika Sari, Etin Puspita Sari, Fajar Tinovita Shobikin Shobikin Shobikin Shobikin, Shobikin Siti Maulydia Islandi Soesilawati Soema Atmadja Sri Rahayu SRI RAHAYU Syahbani, Ahmad Tatik Prihatini Teguh Setiawan Wibowo Teguh Setiawan Wibowo Tenovita Sari, Fajar Tesar Buri Anggara Titis Tatasari Titis Tatasari Veronica Yulia Rachma Vilonia, Neyva Talitha Wahyu Handayani Wahyuni Nur Afifah Wibowo, Teguh Setiawan Wulandari, Aisya Fitri Yana Sulistyowati Yuvi Septia Ardhana