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Circular Economy (CE) Innovation and Internationalization of Small and Medium Enterprises (SMEs): Geographical Overview and Sectorial Patterns

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Proceeding of the International Science and Technology Conference "FarEastСon 2021"

Part of the book series: Smart Innovation, Systems and Technologies ((SIST,volume 275))

Abstract

The functional processes and the upgrading strategies in a company environment depend not only on the firm’s internal and external sourcing strategies but also on international experience and interactions developed outside the company per se. It is also apparent that internationalization motivates firms to deal with the exclusive needs of customers while competing with successful products of their competitors, thus pursuing innovation as an entrepreneurial necessity. In this context, emerging-market SMEs could learn and innovate by imitating and reverse engineering successful products. This study explored the key characteristics on innovative and internationalization efforts reported to SMEs companies at a wide geographical and sectorial coverage. In this research context, the managerial constraints, the entrepreneurial challenges, and the future prospects of SMEs have been systematically reviewed and discussed in alignment with their innovation and internationalization perspectives offered from the side of circular economy (CE).

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Author information

Authors and Affiliations

  1. Photometry Laboratory, Electric Power Division, School of Electrical and Computer Engineering, National Technical University of Athens, 9 Heroon Polytechniou Street, 15780, Athens, Greece

    G. L. Kyriakopoulos

  2. Far Eastern Federal University (FEFU), Vladivostok, Russia

    D. B. Solovev

  3. Vladivostok Branch of Russian Customs Academy, Vladivostok, Russia

    D. B. Solovev

Authors
  1. G. L. Kyriakopoulos
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  2. D. B. Solovev
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Correspondence to D. B. Solovev .

Editor information

Editors and Affiliations

  1. Far Eastern Federal University (FEFU), Vladivostok, Russia

    Denis B. Solovev

  2. Far Eastern Federal University (FEFU), Vladivostok, Russia

    Viktor V. Savaley

  3. Far Eastern Federal University, Vladivostok, Russia

    Alexander T. Bekker

  4. Far Eastern Federal University (FEFU), Vladivostok, Russia

    Valery I. Petukhov

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Kyriakopoulos, G.L., Solovev, D.B. (2022). Circular Economy (CE) Innovation and Internationalization of Small and Medium Enterprises (SMEs): Geographical Overview and Sectorial Patterns. In: Solovev, D.B., Savaley, V.V., Bekker, A.T., Petukhov, V.I. (eds) Proceeding of the International Science and Technology Conference "FarEastСon 2021". Smart Innovation, Systems and Technologies, vol 275. Springer, Singapore. https://doi.org/10.1007/978-981-16-8829-4_10

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