Perceptions of Circular Cosmetics SME Business Model in Indonesia: Result from a Pilot Survey

Dwi Rahayu Purwani, Djoko Sihono Gabriel, F. Farizal

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The application of a circular economy business model is a challenge in various industrial sectors. The increase in the number of cosmetics consumption encourages to know the perception of entrepreneurs in the cosmetic sector towards the circular economy by using a combination of the ReSOLVE framework and material value conservation to determine its relationship to value creation. From the survey conducted, this framework is in line with the goals of entrepreneurs to increase the value creation. The most influential variable in increasing value creation is Share.

Original languageEnglish
Title of host publicationProceedings of the 4th Asia Pacific Conference on Research in Industrial and Systems Engineering
Subtitle of host publicationBuilding Business Resilience to Face the Challenge in Pandemic Era, APCORISE 2021
PublisherAssociation for Computing Machinery
Pages322-327
Number of pages6
ISBN (Electronic)9781450390385
DOIs
Publication statusPublished - 25 May 2021
Event4th Asia Pacific Conference on Research in Industrial and Systems Engineering: Building Business Resilience to Face the Challenge in Pandemic Era, APCORISE 2021 - Depok, Indonesia
Duration: 25 May 2021 → …

Publication series

NameACM International Conference Proceeding Series

Conference

Conference4th Asia Pacific Conference on Research in Industrial and Systems Engineering: Building Business Resilience to Face the Challenge in Pandemic Era, APCORISE 2021
Country/TerritoryIndonesia
CityDepok
Period25/05/21 → …

Keywords

  • Business model
  • Circular economy
  • Spearman rho

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