Managerial decisions and new product development in the circular economy model enterprise: absorptive capacity and a mediating role of strategic orientation

Stelmaszczyk, Monika; Pierścieniak, Agata; Abrudan, Denisa

doi:10.1007/s40622-023-00336-1

Cited by 6 publications

(1 citation statement)

References 99 publications

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“…By implementing these methods and strategies, enterprises can effectively practice circular economy, reduce resource consumption and environmental impacts, and promote sustainable development. At the same time, the implementation of circular economy can also bring economic benefits to enterprises and improve their competitiveness and corporate image [7] .…”

Section: Methods and Strategies For Implementing The Circular Economy...mentioning

confidence: 99%

Promotion and application of circular economy models

2023

AJBM

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Circular economy is a sustainable economic model that emerged in the context of limited resources and increasingly prominent environmental problems. The traditional economic model leads to the rapid consumption of resources and the production of a large amount of waste, and the application of the circular economy model is particularly important in this context. In this paper, we systematically review the research results on the theoretical basis, implementation strategy and effect evaluation of circular economy models; through case studies, we study in-depth the implemented circular economy models, including their design, implementation process and effect evaluation, in order to gain practical experience and inspiration; and finally, we put forward the challenges and perspectives of circular economy models.

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Section: Methods and Strategies For Implementing The Circular Economy...mentioning

confidence: 99%

Promotion and application of circular economy models

2023

AJBM

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SMEs on the way to a circular economy: insights from a multi-perspective review

Ahmadov,

Durst,

Gerstlberger

et al. 2023

Manag Rev Q

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The transition to a circular economy (CE) has garnered widespread attention as a solution to address economic, environmental, and social challenges. While large enterprises and policymakers have made steps in adopting CE practices, small and medium-sized enterprises (SMEs) face unique challenges due to limited resources and expertise. Understanding the multi-level perspective (MLP) is essential for SMEs to successfully transition to a CE, as it considers factors at the micro, meso, and macro levels. However, current research often focuses on single levels, necessitating a comprehensive understanding of the phenomenon through systematic research. To address this need, this study conducts a systematic literature review (SLR) using the MLP framework to analyse existing research on SMEs' transition to a CE. The study aims to identify macro-, meso-, and micro-level factors, actors, and mechanisms influencing the transition process. The SLR contributes to academic understanding by developing a conceptual model that elucidates the dynamics of the circular transition process within SMEs. Additionally, it provides practical recommendations to support SMEs in navigating the transition successfully. The adoption of the MLP framework empowers SMEs, policymakers, industry associations, and consumers to play their roles effectively in driving the CE transition. While the study acknowledges certain limitations, it opens avenues for future research and enhancement of CE practices in SMEs.

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Unveiling success factors for implementing and sustaining circular economy practices in small and medium-sized firms: multi-level perspective

Ahmadov,

Durst,

Gerstlberger

2024

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Purpose This study aims to identify and understand critical success factors for implementing and sustaining circular economy (CE) practices in manufacturing small and medium-sized enterprises (SMEs). More precisely, this study examines the complex interplay between micro-, meso- and macro-level success factors that are deemed critical for implementing and sustaining CE practices. Design/methodology/approach The study is based on a two-stage methodology that combines a comprehensive literature review and an interview study with 12 Swedish manufacturing SMEs that implement CE practices. Findings The study identifies and categorizes success factors for implementing and sustaining CE practices in manufacturing SMEs. Based on the findings, a holistic framework is proposed that takes into account multiple perspectives, i.e. at the micro, meso and macro levels. This framework enables a deeper understanding and thus a more nuanced discussion of the complexity inherent in the transition to a CE from the perspective of manufacturing SMEs. Originality/value This study contributes to the growing body of research on CE transition. By focusing on SMEs in particular, the paper adds the needed diversity to the study of CE practices and influencing factors at different levels.

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Managerial decisions and new product development in the circular economy model enterprise: absorptive capacity and a mediating role of strategic orientation

Cited by 6 publications

References 99 publications

Promotion and application of circular economy models

Promotion and application of circular economy models

SMEs on the way to a circular economy: insights from a multi-perspective review

Unveiling success factors for implementing and sustaining circular economy practices in small and medium-sized firms: multi-level perspective

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