Impact of Organisational Factors on the Circular Economy Practices and Sustainable Performance of Small and Medium-sized Enterprises in Vietnam

Chowdhury, Soumyadeb; Dey, Prasanta Kumar; Rodríguez-Espíndola, Oscar; Parkes, Geoff; Tuyet, Nguyen Thi Anh; Long, Dang; Ha, Tran Phuong

doi:10.1016/j.jbusres.2022.03.077

Cited by 114 publications

(59 citation statements)

References 131 publications

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“…, 2018). CE is an innovation in closed-loop SC, since it affects design, implementation and managing activities that combine the upstream and downstream stages of the SC, increasing value generation throughout the entire life cycle of a product (Chowdhury et al. , 2022).…”

Section: Discussionmentioning

confidence: 99%

Opening the black box of big data sustainable value creation: the mediating role of supply chain management capabilities and circular economy practices

Riggs

Roldán

Real

et al. 2023

IJPDLM

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PurposeThis article examines the mechanisms through which big data analytics capabilities (BDAC) contribute to creating sustainable value and analyzes the mediating roles that supply chain management capabilities (SCMC), as well as circular economy practices (CEP), play through their impact on sustainable performance.Design/methodology/approachFollowing a literature review, a serial mediation model is presented. Hypotheses regarding direct and mediating relationships are tested to determine their potential for sustainability impact and circularity. Partial least squares structural equation modeling (PLS-SEM) has been applied for causal and predictive purposes.FindingsThe results indicate that big data analytics capabilities do not have a direct positive impact on sustainable performance but influence indirectly through SCMC and CEP.Originality/valueAlthough some authors have addressed the associations between IT business value, supply chain (SC), and sustainability, this paper provides empirical evidence related to these relationships. Additionally, this study performs novel predictive analyses.

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Section: Discussionmentioning

confidence: 99%

Opening the black box of big data sustainable value creation: the mediating role of supply chain management capabilities and circular economy practices

Riggs

Roldán

Real

et al. 2023

IJPDLM

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“…Regular and intensive training programs will shape the workforce and prepare them to welcome a net zero economy. Therefore, SMEs need to emphasize intangible resources such as organizational culture and learning (Chowdhury et al, 2022).…”

Section: Intangible Resources and Sustainable Net Zero Economy Implem...mentioning

confidence: 99%

From resources to sustainability: a practice-based view of net zero economy implementation in small and medium business-to-business firms

Bag

2023

BIJ

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PurposeThis study examines the effect of resources (e.g. tangible resources, human skills and intangible resources) that are utilized as a bundle of standard practices on sustainable net zero economy implementation and their further impact on financial, environmental and social performance among small- and medium-level enterprises in business markets. The moderating effect of big data analytical intelligence is also examined.Design/methodology/approachThe samples were selected from the paper and chemical manufacturing industries of South Africa. The data analysis was performed using variance-based structural equation modeling.FindingsThe results show that tangible resources, human skills and intangible resources positively influence sustainable net zero economy adoption. However, intangible resources have a more substantial influence on sustainable net zero economy implementation. This shows that adopting a sustainable net zero economy depends more on a bundle of common practices, including sustainability culture, employee training and knowledge management, and managers must create the necessary action plans accordingly. In addition, sustainable net zero economy adoption positively influences financial performance, environmental performance and social performance. However, sustainable net zero economy adoption has a more substantial influence on social performance. Therefore, implementing a net zero economy will be more advantageous to society and to local communities.Practical implicationsTo achieve a sustainable net zero economy, managers should recognize the significance of resource management. While managing tangible resources and human skills is crucial, intangible resources, such as culture and organizational learning, require more attention. Additionally, the ability of small- and medium-sized enterprises to explore, store, share and apply knowledge is crucial to achieving net zero. Therefore, managers should make use of Industry 4.0-based digital technologies for effective knowledge management. Moreover, net zero economy adoption can significantly enhance societal performance. Hence, while making budgeting decisions, managers must consider the potential of the firm's resources to improve social performance.Originality/valueThis study is the first to investigate the impact of human skills and tangible and intangible resources on the adoption of a sustainable net zero economy by companies, using empirical evidence. The research expands on the concept of the practice-based view (PBV) in the implementation of sustainable net zero economies by small- and medium-sized business-to-business enterprises.

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Section: Figures Section)mentioning

confidence: 99%

“…In the domain of sustainability, evidence shows an increasing interest by customers in sustainable products and services (Elhoushy & Jang, 2021; Mukendi et al, 2020; Paul et al, 2016; Rosenbaum et al, 2022). In parallel, businesses have started to engage in a wide range of sustainable practices (Calderon‐Monge et al, 2020; Chowdhury et al, 2022). Business‐wise, although prior motivations represent an important indicator of potential demand for sustainable products, only the continued choice pays off in the long term (Juhl et al, 2017).…”

Section: Introductionmentioning

confidence: 99%

How to maintain sustainable consumer behaviours: A systematic review and future research agenda

Elhoushy

Jang

2023

Int J Consumer Studies

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Impact of Organisational Factors on the Circular Economy Practices and Sustainable Performance of Small and Medium-sized Enterprises in Vietnam

Cited by 114 publications

References 131 publications

Opening the black box of big data sustainable value creation: the mediating role of supply chain management capabilities and circular economy practices

Opening the black box of big data sustainable value creation: the mediating role of supply chain management capabilities and circular economy practices

From resources to sustainability: a practice-based view of net zero economy implementation in small and medium business-to-business firms

How to maintain sustainable consumer behaviours: A systematic review and future research agenda

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