Circular Economy and Entrepreneurship in Emerging Economies: Opportunities and Challenges

Call for papers for: Journal of Entrepreneurship in Emerging Economies

The submission portal for this special issue will open 1st August 2021 


Guest Editors 

Mirela Panait, Petroleum-Gas University of Ploiesti; Institute of National Economy, Romania 

Eglantina Hysa, Epoka University, Albania 

Lukman Raimi, Universiti Brunei Darussalam, Brunei 

Alba Kruja, Epoka University, Albania 

Antonio Rodriguez Andres, VSB TU Ostrava, Czech Republic 


Aims and Scope 

The nuance circular economy (CE) is a contemporary attempt to rethink development broadly in a manner that integrates economic activity, social concerns and environmental wellness. It extends to an economic model in which planning, resourcing, procurement, production and reprocessing are innovatively designed and systematically managed to improve process and output for the purpose of maximizing ecosystem functioning and human well-being (Murray, Skene, & Haynes, 2017). The notion of circular economy is also viewed as an improved paradigm shift in the way that humans and the society coexist to prevent the depletion of resources, close energy and materials loops, and facilitate sustainable development through its implementation at the micro (enterprises and consumers), meso (economic agents integrated in symbiosis) and macro (city, regions, and governments) levels (Saiz-Alvarez, 2020).  The three dimensions of sustainability that the circular economy focuses on are: Economic, Social and Environmental, which are often called Sustainable Triangle (ST) or Sustainable Development Triangle (SDT) in the development literature (Munasinghe, 2012; Raimi & Yusuf, 2020). 

The development literature linked the economic growth of Westerns countries and the emergence of China to the acceptance, exploration and implementation of the ideals of a circular economy (Ellen MacArthur Foundation, 2012; Preston, 2012; Zhu, 2019). The circular economy is therefore a sustainable economic model that offers a new chance of innovation and integration between natural ecosystems, corporate businesses, people’s daily lives, and waste management in a complex ecosystem (Ghosh, 2020). Circular business models are defined as ‘entrepreneurial value proposition, value creation and delivery and value capture’, which impacts not only the business itself, but also the broader system an organization is part of (Cullen & Angelis, 2020). Entrepreneurship at corporate and individual levels should give consideration to the unsustainable use of natural resources and upsurge in industrial wastes, as both portend danger for human existence. Natural resources must be used in a way that promotes social inclusiveness and environmental resilience (Aguinis & Glavas, 2012) that align with the 3Ps of sustainability, namely Profit, People and Planet (Elkington, 1997). At present, a number of conceptual, theoretical and empirical studies have emerged to address the importance of a circular economy using different approaches and methods (Prieto-Sandoval et al., 2018; Demirel & Danisman, 2019; Durán-Romero et al., 2020; Goyal et al., 2020; Hysa et al., 2020; Tseng et al., 2020; del Mar Alonso-Almeida et al., 2021), this call for papers specifically elicit articles from multidisciplinary backgrounds that focuses on models, theories and thoughts that embed the circular Economy as a tool for the actualization of Sustainable Development Goals (SDGs) - Social and Ecological Entrepreneurship.  


Possible Topics 

The Guest Editors encourage submissions of theoretical and empirical contributions investigating the long-term relationships between circular economy and entrepreneurship, and the challenges and opportunities of Emerging Economies. Possible topics include: 

  • Circular entrepreneurship, innovation and business models 

  • Sustainable development though entrepreneurial decisions 

  • Entrepreneurial opportunities inherent in plastics wastes and recycling for the circular economy 

  • Entrepreneurs drivers to circular business models 

  • Contributing to SDGs through social and eco-entrepreneurship 

  • Cost reduction, efficiency improvement 

  • Opportunities for SMEs through circular economy 

  • Digitalization, entrepreneurs and circular economy 

  • Age and innovative entrepreneurship 

  • Migrants and entrepreneurship  

  • Imperatives of the circular economy: Meaning and Implications 

  • Business models and sustainable plastic management 

  • Gas flaring in the emerging entrepreneurial ecosystems and the circular economy  

  • Underground water pollution and contamination by the MNCs and the circular entrepreneurship 

  • Models of circular entrepreneurship for agricultural fertilizers, pesticides, and other chemical substances in a circular economy 

  • GMOs and livelihood in a circular economy entrepreneurial ecosystem 



Papers should be submitted via the journal’s online submission system available through the journal homepage. When submitting please choose the special issue: “Circular Economy and Entrepreneurship in Emerging Economies: Opportunities and Challenges” as the article type from the drop down menu. All papers must follow the guidelines outlined by the journal for submission, available at:  
For any questions interested authors can contact the corresponding guest editors: Mirela Panait ([email protected]) and Eglantina Hysa ([email protected]
Submission deadline: 31st October 2021 



Aguinis, H. and Glavas, A., 2012. What we know and don’t know about corporate social responsibility: A review and research agenda. Journal of management, 38(4), pp.932-968. 


Cullen, U.A. and De Angelis, R., 2021. Circular entrepreneurship: A business model perspective. Resources, Conservation and Recycling, 168, p.105300. 


del Mar Alonso-Almeida, M., Rodriguez-Anton, J.M., Bagur-Femenías, L. and Perramon, J., 2021. Institutional entrepreneurship enablers to promote circular economy in the European Union: Impacts on transition towards a more circular economy. Journal of Cleaner Production, 281, p.124841. 


Demirel, P. and Danisman, G.O., 2019. Eco‐innovation and firm growth in the circular economy: Evidence from European small‐and medium‐sized enterprises. Business Strategy and the Environment, 28(8), pp.1608-1618. 


Durán-Romero, G., López, A.M., Beliaeva, T., Ferasso, M., Garonne, C. and Jones, P., 2020. Bridging the gap between circular economy and climate change mitigation policies through eco-innovations and Quintuple Helix Model. Technological Forecasting and Social Change, 160, p.120246. 


Elkington, J., 1997. Cannibals with forks. The triple bottom line of 21st century, 73. Oxford: Capstone Publishing. 


Ellen MacArthur Foundation., 2012. Towards the circular economy: Economic and Business Rationale for an Accelerated Transition, Ellen MacArthur Foundation. 


Ghosh, S. K. (Ed.)., 2020. Circular economy: Global perspective. Springer. 


Goyal, S., Chauhan, S. and Mishra, P., 2020. Circular Economy Research: A Bibliometric Analysis (2000-2019) and Future Research Insights. Journal of Cleaner Production, p.125011. 


Hysa, E., Kruja, A., Rehman, N.U. and Laurenti, R., 2020. Circular economy innovation and environmental sustainability impact on economic growth: an integrated model for sustainable development. Sustainability, 12(12), p.4831. 


Munasinghe, M., 2012, August. Millennium Consumption Goals (MCGs) for R io+ 20 and beyond: A practical step towards global sustainability. In Natural Resources Forum (Vol. 36, No. 3, pp. 202-212). 


Murray, A., Skene, K. and Haynes, K., 2017. The circular economy: an interdisciplinary exploration of the concept and application in a global context. Journal of business ethics, 140(3), pp.369-380. 


Preston, F., 2012. A global redesign? Shaping the circular economy. Chatham House, London. 


Prieto-Sandoval, V., Jaca, C. and Ormazabal, M., 2018. Towards a consensus on the circular economy. Journal of cleaner production, 179, pp.605-615. 


Raimi, L. and Yusuf, H., 2020. Entrepreneurship Development Interventions as a Pragmatic Approach to Political and Economic Restructuring in Nigeria. In Handbook of Research on Entrepreneurship Development and Opportunities in Circular Economy (pp. 435-452). IGI Global. 


Saiz-Alvarez, J.M., 2020. Circular Economy: An Emerging Paradigm–Concept, Principles, and Characteristics. In Handbook of Research on Entrepreneurship Development and Opportunities in Circular Economy (pp. 1-20). IGI Global. 


Tseng, M.L., Chiu, A.S., Liu, G. and Jantaralolica, T., 2020. Circular economy enables sustainable consumption and production in multi-level supply chain system. Resources, Conservation and Recycling, 154, p.104601. 


Zhu, Q., Jia, R. and Lin, X., 2019. Building sustainable circular agriculture in China: economic viability and entrepreneurship. Management decision. 


Short Biographies of the Guest Editors 


Mirela Panait, Petroleum-Gas University of Ploiesti; Institute of National Economy, Bucharest, Romania 

Dr. Mirela Panait currently holds the position of Professor habil. at Faculty of Economic Sciences, Petroleum-Gas University of Ploiesti (Romania). She is also scientific researcher at Institute of National Economy from Romanian Academy. Her work experience derives from and includes: teaching courses and seminaries; research activities; participating in scientific conferences. Regarding research activities, these are represented by publishing seven books and over 100 scientific papers in the field of interest: corporate social responsibility, sustainable development, foreign direct investment and financial market. She has published articles in leading international journals, including Land Use Policy, Energies, Sustainability and PlosOne. She is reviewer for journals and conferences like Sustainability, Energies, Journal of Risk and Financial Management. She is also guest editor or associate editor for prestigious journals from MDPI group or IGI Global publishing house. 


Eglantina Hysa, Epoka University, Albania 

Associate Professor Eglantina Hysa is signor lecturer of Economics at Epoka University, teaching International Economy, Development and Growth, and Microeconomics. Her research is focused on development economics, social aspects, and quality in higher education institutions. She is the author of many scientific publications including book chapters and technical reports, published in leading international journals and publishing houses. Her publications include Circular Economy Innovation and Environmental Sustainability Impact on Economic Growth: An Integrated Model for Sustainable Development (Switzerland: Sustainability, 2020), Strategic Management of Innovation in Routledge Companion to Innovation Management (London, UK: Routledge, 2019), Does public R&D complement or crowd-out private R&D in pre and post economic crisis of 2008? (UK: Journal of Applied Economics, 2020), Nuisance Parameter in SAGE Encyclopedia of Research Design, 2nd edition (US: Sage, 2022), amongst others. 


Lukman Raimi, Universiti Brunei Darussalam, Brunei 

Dr. Lukman Raimi is an Assistant Professor at the Universiti Brunei Darussalam, UBD School of Business and Economics (SBE). Prior to joining the UBD, he was an Assistant Professor in the Department of Entrepreneurship, the Coordinator Graduate Program in the School of Business & Entrepreneurship and the Director Centre for Entrepreneurship at the American University of Nigeria. He is an Entrepreneurship Educator trained at the Entrepreneurship Development Institute (EDI), Ahmedabad, India under the World Bank-Step B Project. He had undergone a special training in Enterprise Education for Employability at Pan-Atlantic University Nigeria under the British Council’s sponsorship. He is an alumnus of the Cumberland Lodge Residential Mentoring, Windsor, United Kingdom. He attended the Experiential Classroom XX for Entrepreneurship Educators at the University of Tampa, Tampa, Florida, United States. He has delivered conferences/seminar papers in Turkey, Malaysia, Ghana, Togo, India, Belfast, Leicester, US. His numerous publications are listed in Scopus, Researchgate, Publons and Google Scholar 


Alba Kruja, Epoka University, Albania  

Dr. Alba Kruja is a lecturer and academic coordinator of Business Informatics program at Epoka University since 2009. She holds a Ph.D. degree on Entrepreneurship and her work experience derives from and includes teaching courses and seminaries; research activities; participating and organizing scientific conferences; reviewer and editor for several international scientific journals. She is the author of several research articles and book chapters published in leading publishing houses. Her main research focus is on entrepreneurship, innovation, business performance, and sustainability. 


Antonio Rodriguez Andres, VSB TU Ostrava, Czech Republic 

Dr. Antonio Rodríguez Andrés has been taking up academic positions as associate professor of Economics at different international universities: Denmark, Colombia, Spain, Chile, Morocco, and Cyprus. He is currently a senior researcher at VŠB Technical University of Ostrava. He got a PhD in Economics at University of Southern Denmark. He has a master degree in Industrial Economics from Universidad Carlos III de Madrid. His research focuses on quantitative methods, applied health economics, and law and economics. He has published in international refereed journals with high impact factor such as: Journal of Business Ethics, Health Policy, and Technological Forecasting and Social Change. He is also currently on the international advisory board of The Economic and Labour Relations Review, and the International Journal of Tourism Research. He has also served several accreditation committees during his academic experience. Dr. Antonio has actively participated in international conferences and symposiums as speaker as well as organizer. He has also ample teaching experience at both graduate and undergraduate level. He has been teaching in several subjects within Economics, Econometrics, and Statistics.