The Interpretation of Circular Priorities to Central European Business Environment with Focus on Hungary

Fogarassy, Csaba; Horváth, Bálint; Böröcz, Mária Bakosné

doi:10.1515/vjbsd-2017-0001

Cited by 8 publications

(11 citation statements)

References 30 publications

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“…Since 2015, the concept of the circular economy has come to the attention of European Union policymakers, and one of the model solutions to achieving this could be the sharing economy. Models of western Europe and east-central Europe may differ in several factors, but the size of the EU provides an opportunity to revise circular processes [23]. The phenomenon is constantly evolving and changing and therefore different dimensions can be distinguished.…”

Section: Literature Backgroundmentioning

confidence: 99%

Dominant Consumer Attitudes in the Sharing Economy—A Representative Study in Hungary

2019

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As a result of the digital revolution, new business models are emerging, and one of the most dynamic is the sharing economy. In many cases, the strategic communication of sharing economy firms is linked to current socio-economic trends, such as digital innovation, consumers’ empowerment, experience gaining (instead of stock), environmental awareness, and community building. In our research (a nationwide representative sample of 3520), we aimed to determine how open the Hungarian population is toward sharing economy services. Furthermore, we explored the relationship between openness and consumers’ socio-demographic factors, attitudes related to the current consumer trends and Internet usage habits. As a result, we found that 38.4% of the Hungarian population is open toward sharing economy services. From a socio-demographic point of view, wealthy, metropolitan, family-oriented, educated, and younger people are more open toward sharing activities. In terms of consumer attitudes, people who take risks, like having a social life, are environmentally and health conscious, spend their leisure time actively, enjoy quality things, and have a positive attitude toward digitalization are more open to using the sharing economy services. As a final result of the regression modeling, we found that the examined consumer attitudes and Internet usage habits determine openness, but socio-demographic factors largely lose their significant effect, except for generation and wealth, in the case of the integrated model. Our results show that a well-defined and relatively large segment is open to the sharing economy, and sharing economy companies could target them directly to achieve a more sustainable environment.

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Section: Literature Backgroundmentioning

confidence: 99%

Dominant Consumer Attitudes in the Sharing Economy—A Representative Study in Hungary

2019

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“…However, the shortcoming of this approach is its narrow view, focusing only on nature by way of waste elimination. Moreover, the attitude of consumers is of greater importance at higher levels of circular priorities whereas, at a lower level, production becomes more relevant [49]. Similarly, there are various ways of reintroducing a product in the market, such as repair, refurbish, reuse, and repurpose [47].…”

Section: Priorities In a Circular Economymentioning

confidence: 99%

“…However, the conclusions of the ladder seem to be narrowed down to the most developed nations of western civilization. Fogarassy et al [49] state that due to different business environments, the interpretation of the listed priorities may vary as well. A classic example of re-use business models is a second-hand business that functions well in Western Europe.…”

Section: Priorities In a Circular Economymentioning

confidence: 99%

“…The Kenyan national government needs to formulate policies that will encourage investment and recycling of plastic waste; for example, tax subsidies for recycling companies, and easing the process of acquiring the necessary technology. County governments, through environmental departments, are the other players; by maintaining cleanliness through waste collection and formulation of environmental regulations at the county level [49,71]. County environmental departments, together with other contracted solid waste handlers, act as the link to those responsible for recycling.…”

Section: Key Partnershipsmentioning

confidence: 99%

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Designing Business Solutions for Plastic Waste Management to Enhance Circular Transitions in Kenya

2018

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Least-developed countries face many challenges regarding their plastic waste management systems. In 2017, Kenya imposed a selective ban targeting manufacturers and consumers of plastic carrier bags. However, this selectivity does not avoid the continuous use of other plastic products. The present paper states that circular priorities, which have been defined to advanced economies, would not be entirely valid for the rest of the world. While high-income countries face only the impacts of their own consumption, developing nations must endure the externalities of these developed economies. Thus, the focus of the least developed part of the world must not be on reducing its relatively normal (or even low) consumption, but to manage its surplus material flow. According to the employed circular evaluation methodology (CEV-Circular Economic Value), the circularity level in Kenya's plastic material flow stands on a rather low stage with 32.72%. This result outlines the linear deficiencies of the plastic waste management system and urges the prevention of further material leakage (such as energy use). Through the Business Model Canvas (BMC) approach this study offers a holistic business solution which can improve the system's sustainability.

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“…Due to varying historical backgrounds, this phenomenon has differed in certain countries. Hungary for instance, has faced these changes after the regime change in the 1990's when it was already widespread in western countries (Fogarassy et al, 2017). Disparities occur due to distinct disposable incomes as well.…”

Section: The Local Circle Of Social Welfarementioning

confidence: 99%

The role of local production systems in the establishment of sustainable consumer attitude

Horváth

2018

Studia Mundi – Economica

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The present study elaborates on the importance of material flows in the context of local and global production systems. The theoretical part describes how population growth induced the need for global production and how it contributed to further welfare disparities. The research focuses on the socioeconomic processes of globalization with a special consideration on resources. It states that business processes have grown over the importance of territorial affairs in the past 100-150 years. Movements requiring war conflicts in previous times are currently conducted through international trade relations. The spread of empires has been replaced by global corporate expansion. The paper reviews essential literature concerning this hypothesis and argues for the transparency of resource utilization throughout the phenomenon. The results stand for the introduction of border adjustment taxes based on accurate resource valuation. The preference of local markets does not only strengthen local economies but comes significant regarding sustainable resource management

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The Interpretation of Circular Priorities to Central European Business Environment with Focus on Hungary

Cited by 8 publications

References 30 publications

Dominant Consumer Attitudes in the Sharing Economy—A Representative Study in Hungary

Dominant Consumer Attitudes in the Sharing Economy—A Representative Study in Hungary

Designing Business Solutions for Plastic Waste Management to Enhance Circular Transitions in Kenya

The role of local production systems in the establishment of sustainable consumer attitude

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