Value creation under circular economy practices in the production of viche

Abstract

In recent years, progress in developing the circular economy approach in the agri-food sector has encouraged the formulation of management practices that foster efficient use of resources, thereby creating greater economic, environmental, and social value for the companies that participate in closed-production cycles markets. Under such a perspective, our analysis’s central objective is to establish what type of circular economy management practices in the food industry have furthered the creation of economic and environmental value in the production of viche in the Colombian Pacific. To that end, the methodological development is based on a review of the scientific literature on the matter, identifying the intellectual structure, core categories, and evolution of the main topics and a Latent Semantic Analysis (ASL) of the management practices identified in the literature. Among the main findings are the practices focused on bioconversion, bioactive polyphenol compounds, organic waste, non-biodegradable fractions, waste, biofuels from food waste, and resources recovery through leachates. The results lead to conclude the broad potential for designing and adopting circular economy-approach management practices to create value for viche producers in the Colombian Pacific, given the characteristics of the production process.

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Author Biographies


, Universidad del Valle

Professor, Administration and Organizations Department, Faculty of Administration Sciences Universidad del Valle, Cali, Colombia. Economist, Universidad del Valle, Colombia, Master’s Degree in Industrial Engineering, Universidad Icesi, Colombia.


, Universidad del Valle

Professor and Research Vice-Dean, Administration and Organizations Department, Faculty of Administration Sciences, Universidad del Valle, Cali, Colombia. Foreign Trade Professional, Universidad del Valle, Colombia, Doctor in Industrial Organization and Business Management, Universidad de Sevilla, Spain.


, Universidad del Valle

Professor, Administration, and Organizations Department, Faculty of Administration Sciences Universidad del Valle, Cali, Colombia. Economist, Doctor in Sociology, Universidad del Valle, Colombia. 

Published
2021-08-10
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How to Cite
Rodríguez Guevara, E. G., Arango Pastrana, C. A., & Pineda Ospina, D. L. . (2021). Value creation under circular economy practices in the production of viche. Cuadernos De Administración, 37(70), e2010811. https://doi.org/10.25100/cdea.v37i70.10811
Section
N70 - Circular Economy - Research

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