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Research Article · Management

Strategies for overcoming the challenges facing SME leaders in the transition to the circular economy

Joe, A · ORCID 0009-0006-3588-1495

Ovcharova, S · ORCID 0000-0003-4357-6344

Varna Free university, Varna, Bulgaria

KSI Transactions on Knowledge Society · Vol. XVII · No. 1 · pp. 42–46 · 2026

Abstract

This article presents summarized results of a survey of SMEs in Germany on the adoption of circular economy principles. The study focuses on three main sectors: financial advisory services, real estate management and crafts. Strategies are developed to overcome the identified problems and challenges facing leaders in the transition to a circular economy. A model for sustainable management of human and natural capital in SMEs when applying ESG in their activities is proposed.

Keywords: circular economy, SMEs, sustainable management, HRM.

Subject classification

JEL CLASSIFICATIONM1, Q01
UDC CLASSIFICATIONTo be verified by the editorial office

How to cite

APA 7 — bibliographic citation based on the published issue

Andrean Joe, Snezhanka Ovcharova (2026). Strategies for overcoming the challenges facing SME leaders in the transition to the circular economy KSI Transactions on Knowledge Society, 17(1), 42–46.

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