Small and medium-sized enterprises (SMEs) are increasingly aware of the benefits of closing loops and improving resource efficiency, such as saving material costs, creating competitive advantages, and accessing new markets. At the same time, however, various barriers pose challenges to small businesses in their transition to a circular economy, namely a lack of financial resources and lack of technical skills. The aim of this paper is to increase knowledge and understanding about the barriers and enablers experienced by SMEs when implementing circular economy business models. Looking first at the barriers that prevent SMEs from realising the benefits of the circular economy, an investigation is carried out in the form of a literature review and an analysis of a sample of SME case studies that are featured on the GreenEcoNet EU-funded web platform. Several enabling factors that help SMEs adopt circular economy practices are then identified. The paper concludes that although various policy instruments are available to help SMEs incorporate circular economy principles into their business models, several barriers remain. The authors recommend that European and national policies strengthen their focus on greening consumer preferences, market value chains and company cultures, and support the recognition of SMEs' green business models. This can be achieved through the creation of dedicated marketplaces and communities of practice, for example.

No abstract

Innovation adoption is of utmost importance for company survival. That is why it is important to develop a thorough understanding of this research domain and the themes it encapsulates. Since the early work of Everett Rogers, the adoption of innovation literature has attracted considerable attention and has continued to grow rapidly, resulting in a large but fragmented body of literature. The goal of this study is to provide a coherent overview of the theoretical cornerstones as well as recent research trends in the innovation adoption literature. To this end, we conducted a bibliometric review and performed bibliographic coupling and co-citation analysis. First, based on co-citation analysis, we illustrate that innovation adoption research is built on four theoretical cornerstones including: institutional theory; theory of reasoned action; theory concerning the determinants of adoption, and; diffusion theory. Second, bibliographic coupling was used to assess the current research trends. This review is the first to identify thematic areas in an exhaustive manner revealing five clusters of thematic related publications or "research trends": determinants of IT adoption; adoption of technological standards; organizational rationales associated with adoption; modelling diffusion, and; adoption of agricultural innovations. We conclude this review with the limitations and future research orientations in the field of innovation adoption.

No abstract

No abstract