Enabling and limiting factors for business development of the Circular Bioeconomy. Empirical analysis for the case of Andalusia
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Abstract
The present work aims to analyze the enabling and limiting factors for the successful business development in the field of circular bioeconomy (CBE) in Andalusia. The analysis relies on a survey of a selection of successful Andalusian companies with business lines based on CBE activities, based on extensive interviews to firm managers to identify the enabling and limiting factors of such business lines, and in the aggregation of the quantitative information collected to derive a basic global and sectoral descriptive assessment. The main results that emerge from this analysis is that, on the one hand, the enabling factors that have fostered the development of these initiatives have been mainly the 'Ethical commitment to the environment', closely followed by 'Specific technological knowledge' and 'Private profitability'. On the other hand, the factors that have acted as limiting factors have been, in the first place, the 'Bureaucracy', followed by the 'Regulations related to the activity' and, in equal level of importance, the 'Financial needs' and the 'Technological barriers'.
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