University of Twente Student Theses
Assessing Circularity and Sustainability in Eco-Innovation Parks: A Novel Approach for Optimizing SME Contributions
Nguyen, C.N. (2024) Assessing Circularity and Sustainability in Eco-Innovation Parks: A Novel Approach for Optimizing SME Contributions.
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| Abstract: | The shift from a traditional linear economy to a circular economy (CE) aims to reduce environmental impact while fostering sustainability and economic growth is a promising concept. Eco-innovation parks (EIPs) have adopted these principles by forming Industrial Symbiosis networks through collaboration in environmental and resource efficiencies management to improve environmental and economic performance. Although SMEs play a critical role in these hubs due to their agility, adaptability, innovation capability, and contribution to the employment and economic landscape, evaluating their impact on the development and effectiveness of these parks still remains a complex challenge. In this research, quantitative analysis methods, including binary logistic regression and Data Envelopment Analysis (DEA), are employed to investigate the influence of sustainability indicators on the development of effective eco-innovation parks, particularly concentrating on the role of SMEs within these parks. This study then aims to identify patterns of efficiency within eco-innovation parks by assessing their performance and comparing the characteristics of efficient and inefficient regions. The findings from three developed scenarios show that the presence of SMEs and their economic contributions positively influence the likelihood of legislation and policy actions that facilitate the development of eco-innovation parks. Moreover, the results highlight how a combination of eco-activities can optimize the emergence of success indicators within the parks. By examining these efficiency patterns, the findings emphasize the importance of standardized environmental management practices, efficient inter-firm collaboration and government facilitation in the park's effectiveness. This analysis provides a helpful reference for policymakers to develop standardized assessment frameworks and improve the performance of less efficient regions. |
| Item Type: | Essay (Bachelor) |
| Faculty: | EEMCS: Electrical Engineering, Mathematics and Computer Science |
| Subject: | 50 technical science in general, 83 economics, 85 business administration, organizational science |
| Programme: | Business & IT BSc (56066) |
| Link to this item: | https://purl.utwente.nl/essays/101001 |
| Export this item as: | BibTeX EndNote HTML Citation Reference Manager |
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