Resources, Capabilities and Competences for Eco-Innovation

Rı́o, Pablo del; Carrillo‐Hermosilla, Javier; Коннола, Тотти; Bleda, Mercedes

doi:10.3846/20294913.2015.1070301

Cited by 86 publications

(71 citation statements)

References 43 publications

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“…( Carrillo-Hermosilla et al, 2010;Del Río, Carrillo-hermosilla, Könnölä, & Bleda, 2016;McDonough & Braungart, 2002) The recovery of raw material and resources in the internal process of the company. (Park et al, 2010) Distribute…”

Section: Makementioning

confidence: 99%

Key elements in assessing circular economy implementation in small and medium‐sized enterprises

et al. 2018

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The circular economy has become an important issue in recent years because it makes sustainable development feasible by creating value in the economy and by closing the energy and materials loops. However, since most companies continue to operate under a linear model, it is particularly important to start providing companies with tools that facilitate their shift to the circular paradigm. The main objective of this research is to establish the key elements that are necessary for assessing the level of circular economy implementation. To that end, the Delphi method is used to validate and define the key elements of three categories: circular economy fields of action, industrial symbiosis, and environmental certifications. As a result, this study identifies the key elements that assess the degree of circular economy implementation and that allows small and medium‐sized enterprises to understand where they are and what they need to do to improve their performance.

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Section: Makementioning

confidence: 99%

Key elements in assessing circular economy implementation in small and medium‐sized enterprises

et al. 2018

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“…Thus, an environmental strategy and the development of eco‐innovations can benefit the financial performance of SMEs, increase the market share, and create a competitive advantage (Aragón‐Correa, Hurtado‐Torres, Sharma, & García‐Morales, ; Del Río, Carrillo‐Hermosilla, & Könnölä, ; Iraldo, Kahlenborn, Rubik, Hertin, & Nielsen, ), especially when those eco‐innovations are certified with eco‐labeling schemes (Granly & Welo, ). Likewise, the CE offers a set of opportunities for SMEs such as the increase of prestige, cost reduction and financial profitability, recovery of the local environment, or sustainability of the company in the long term (Del Río, Carrillo‐hermosilla, Könnölä, & Bleda, ; Ellen MacArthur Foundation, ; Moore & Manring, ; Noci & Verganti, ; Rizos et al, ).…”

Section: Introductionmentioning

confidence: 99%

Key strategies, resources, and capabilities for implementing circular economy in industrial small and medium enterprises

Prieto‐Sandoval

Jaca

Santos

et al. 2019

Corp Soc Responsibility Env

200

172

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Small and medium enterprises (SMEs) are key actors in the implementation of the circular economy (CE) concept as a basis for creating sustainable societies. Thus, the main objective of this study is to identify key strategies and resources that may favor CE implementation in SMEs. These key strategies should encourage SMEs to develop eco-innovations to gain competitive advantage and create and capture value that is coherent with nature. A mixed-method approach that consisted of a literature review and a focus group for gathering qualitative data was used. This focus group was made up of experts such as researchers and practitioners from universities, sustainable SMEs, and consultancy firms in Spain. A set of strategies and internal and external factors were identified to help SMEs to implement the CE. Finally, some useful dynamic capabilities for implementing the CE in business performance were identified.

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“…Thirdly, if the threshold scale in (10) is lower than the small scale L − in (9) meanwhile, the practical loaning scale received by the enterprise is lower than the threshold scale in (10), then the government should provide the subsidy for the enterprise larger than the threshold given in (16). Fourthly, if the threshold scale in (10) is beyond the large scale L + in (9) and the practical loaning scale received by the enterprise is lower than large scale L + in (9), then the government should provide the subsidy for the enterprise larger than the threshold given in (17).…”

Section: Propositionmentioning

confidence: 99%

“…Schäfer et al [16] investigated whether young, small and medium-sized enterprises classified as innovative firms, favor equity financing, and explored the factors determining their choices of financing mode. Del Río et al [17] built a framework to incorporate the impact of firm internal factors such as resources, capabilities and competencies, and their interactions with external drivers on the development and adoption of eco-innovation. Marín-Vinuesa et al [18] contributed empirically to the understanding of the impact that eco-innovation has on financial performance within the framework of the resource-based view.…”

Section: Introductionmentioning

confidence: 99%

Lending Interest Rate, Loaning Scale, and Government Subsidy Scale in Green Innovation

et al. 2019

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Green loans are a way of financing green innovation. Two important factors, the lending interest rate and the loaning scale, should be focused on. In this paper, we explore the impact of lending interest rates and loaning scale on green innovation. We show that the incentive of green innovation strongly depends on the lending interest rate and the loaning scale through model analysis. Moreover, the dependence is summarized as a two-step strategy. In the first step, the lending interest rate should be lower than some rate thresholds given in the paper. Otherwise, green innovation fails to be stimulated. In the second step, if the lending interest rate is lower than the given rate threshold, then the practical loaning scale should lie between two thresholds of loaning scale derived in the paper, such that the green innovation will be stimulated. What is more, to guarantee the green effect of the innovation on the environment, we construct a threshold of loaning scale. If the loaning scale is larger than this threshold, then the innovation will show green effect on the environment. Otherwise, green innovation loses its environmental significance. The government stimulates green innovation through government subsidy. In this paper, we consider three kinds of government subsidy, including a subsidy for the bank, subsidy for the enterprise before and after implementing green innovation. Some appropriate government subsidy scales are presented.

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Resources, Capabilities and Competences for Eco-Innovation

Cited by 86 publications

References 43 publications

Key elements in assessing circular economy implementation in small and medium‐sized enterprises

Key elements in assessing circular economy implementation in small and medium‐sized enterprises

Key strategies, resources, and capabilities for implementing circular economy in industrial small and medium enterprises

Lending Interest Rate, Loaning Scale, and Government Subsidy Scale in Green Innovation

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