Proposing Circular Economy Ecosystem for Chinese SMEs: A Systematic Review

Min, Zhejun; Sawang, Sukanlaya; Kivits, Robbert

doi:10.3390/ijerph18052395

Cited by 32 publications

(31 citation statements)

References 44 publications

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“…Li and Zeng (2018) put forward that the application of CE legislation and policies on the federal level is expected to act as a lever to promote the greening of Chinese SMEs. In accordance with the previous study, Min et al (2021) contend that companies could only start their transition in an environment where government policies boost enterprises. In Taiwan, Wu et al (2021) pronounce institutional support as one of the drivers of the transition.…”

Section: Macro-level Enablerssupporting

confidence: 84%

“…Business model innovation could enable entities to collaborate with MNCs for smaller enterprises benefitting from shared knowledge and technology, gates to new markets, and improved business chains. Thereby, Min et al (2021) propose that innovation is the major enabling factor for Chinese SMEs to adjust their business models. Similarly, Estonian SMEs owned by foreign capital and being a subsidiary of an MNC are an advantage to local SMEs because of being members of bigger groups or consortiums.…”

Section: Macro-level Enablersmentioning

confidence: 99%

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The perspective of SMEs on the challenges of the circular economy in the 21st century Hungary

2021

Progress

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As the world is facing numerous global ecological issues at once, the question arises of what will help mitigate and solve contemporary matters related to resource management or climate change without devastating the economies. Fortunately, the widespread application of the circular economy would help countries worldwide simultaneously ensure economic growth without significant environmental deterioration, essentially decoupling the two factors. While Hungary’s contribution to environmental problems is not significant in absolute terms, the economic sector’s circular transition could help the country decrease its impact in relative terms and pave the path for a green economy. Nevertheless, companies, especially SMEs, tend to struggle the most with the initial phases of the shift thus it is crucial to assess the factors that prevent and support their transition.

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Section: Macro-level Enablerssupporting

confidence: 84%

Section: Macro-level Enablersmentioning

confidence: 99%

The perspective of SMEs on the challenges of the circular economy in the 21st century Hungary

2021

Progress

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“…Research on the driver of green innovation is fast-growing in recent years, yet our understanding of how green innovation can be conceived and realized remains rather unclear [ 49 , 50 ]. The objective of this study is to explore the international M&As antecedents of green innovation, and gain a greater understanding of the innovation implication and context conditions of both kinds of international M&As.…”

Section: Discussionmentioning

confidence: 99%

How Do Firms Promote Green Innovation through International Mergers and Acquisitions: The Moderating Role of Green Image and Green Subsidy

2021

IJERPH

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Carrying out green innovation is beneficial for firms to cope with environmental protection pressure and achieve sustainable development. Existing research has paid enough attention to the driver of green innovation, but still does not reveal how green innovation can be conceived and realized. This paper answers the above question from the perspective of international M&As, examines the relationship between exploratory international M&As, exploitative international M&As and green innovation performance, and further probes into how strategic and environmental factors moderate the green innovation effectiveness of exploratory and exploitative M&As. Results indicate that exploratory and exploitative international M&As both are beneficial for green innovation performance, and to maximize green innovation performance, implementing exploratory M&As is more beneficial for firms pursuing high green image and operating in a high green subsidy environment. By contrast, carrying out exploitative M&As is more effective for firms pursuing low green image and operating in a low green subsidy environment. Theoretical and managerial implications are discussed.

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“…Innovation and environmental responsibility are the directions to promote the circular economy at the corporate level [ 60 , 61 ]. For enterprises that disclose environmental information promptly, environmental regulations have a greater incentive for green technological innovation.…”

Section: Discussionmentioning

confidence: 99%

Environmental regulation, environmental responsibility, and green technology innovation: Empirical research from China

Wang

Yang

et al. 2021

PLoS ONE

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Innovation and green are the directions to promote the circular economy and environmental sustainability at the corporate level. This paper examines the impact of environmental regulation (pollution charge) on green technology innovation and the mediating role of corporate environmental responsibility. Our results indicate that: (1) Environmental regulations stimulate manufacturing enterprises’ environmental responsibility and green technology innovation. It is worth noting that corporate environmental responsibility strengthens the relationship between environmental regulation and green technology innovation. (2) Further investigation reveals that R&D expenditure and environmental investment have greatly strengthened the positive effect of environmental regulation on green technology innovation. (3) With more detailed disclosure about enterprises’ environment-related information, the more outstanding stimulation effects of environmental regulation. Discussions on the features of enterprise location have revealed that, if the goal of environmental protection is set too high or if the fiscal decentralization is too strong, implementation of environmental regulation would not achieve desirable results. Accordingly, we need to optimize the collection of environmental taxes, strengthen the enterprises’ environmental responsibility, and increase investment in R&D and environment protection. Meanwhile, the execution of environmental regulation should also take into account the institutional environment and governance features of the enterprise locations.

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Proposing Circular Economy Ecosystem for Chinese SMEs: A Systematic Review

Cited by 32 publications

References 44 publications

The perspective of SMEs on the challenges of the circular economy in the 21st century Hungary

The perspective of SMEs on the challenges of the circular economy in the 21st century Hungary

How Do Firms Promote Green Innovation through International Mergers and Acquisitions: The Moderating Role of Green Image and Green Subsidy

Environmental regulation, environmental responsibility, and green technology innovation: Empirical research from China

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