Factors influencing the transition to a circular economy community enterprise entrepreneurs in Ranong province, Thailand

Abstract

The transition to a circular economy is an economic system that requires us to make the most of resources in every process. Understanding the design and operation of nature, which is the most efficient circular production system, is completely recycled. The objectives of this research are: 1) Study the level of social pressure, green economic incentives, green practice, supply chain relationship management, sustainable supply chain design, and circular economy transition. 2) Study the influence of social pressure, green economic incentives, green practice, supply chain relationship management, and sustainable supply chain design on circular economy transition. Furthermore, 3) To develop a transition model to a circular economy. This research is a combination of quantitative and qualitative research. The samples are 560 community enterprise entrepreneurs. Use the probability sampling method. Collect data by using questionnaires. Analyze data with structural equations model. The qualitative research used in-depth interviews with 20 people with knowledge of the circular economy transition using purposive sampling. The research results were as follows: 1) The level of social pressure, green economic incentives, green practice, supply chain relationship management, and sustainable supply chain design is at the most. The transition to a circular economy is at the highest level. 2) Social pressure, green economic incentives, green practice, supply chain relationship management, and sustainable supply chain design influencing the transition to a circular economy statistically significant at the .05 level. Furthermore, 3) Transition model to circular economy The researcher has developed a name called the 2G3S Model (G = Green economic incentives, G = Green practice, S = Social pressure, S = Sustainable supply chain design, S= Supply chain relationship management). In addition, qualitative research results showed the transition to a successful and sustainable circular economy. Community enterprise entrepreneurs must consider society's needs in creating value in environmentally friendly practices. Prioritize and implement concrete processes to enable the use of limited resources to create value for the community.