Towards Circular Economy: Unveiling Heterogeneous Effects of Government Policy Stringency, Environmentally Related Innovation, and Human Capital within OECD Countries

Arthur, Emmanuel Ebo; Gyamfi, Solomon; Gerstlberger, Wolfgang; Stejskal, Jan; Prokop, Viktor

doi:10.3390/su15064959

Cited by 7 publications

(8 citation statements)

References 59 publications

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“…Cross-sectional country level data from CIS 2018 Eurostat database for 17 countries within the EU region was used for our study. Prior studies have used data from the Eurostat database for several years due to its credibility, reliability, ethical and accurate methods used in the data collection process (Arthur et al, 2023). This makes the data credible for high level of validity for research analysis.…”

Section: Datamentioning

confidence: 99%

Knowledge Management: The Value of Inter and Intra-firm Activities Towards Innovation Performance

Arthur,

Stejskal

2023

ECKM

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Firms mainly depend on innovation to remain competitive in business. New knowledge is a major resource for firms on the path of achieving innovation performance. This paper seeks to examine how intra-firm and inter-firm activities promote knowledge sharing toward innovation performance. We used the variables channels of information to represent inter-firm activities and workplace organization methods to represent intra-firm knowledge-sharing activities. The proxies for innovation performance were product innovation and business process innovation. Cross-sectional country-level data from CIS 2018 for 17 countries within the EU region was used for our study. The OLS regression method was used for the analysis. While existing studies concentrate on inter-firm knowledge transfer and single country-level studies, our study focuses on a blend of intra-firm and intra-firm cross-country studies. We also emphasized the value of knowledge sharing and cognition in the knowledge transfer process toward achieving firm innovation performance. Our model was built on the knowledge-based view (KBV) and social network theory (SNT). We found that cross-functional workgroups, conferences, trade fairs and exhibitions have a positive significant impact on both product and business process innovation. Published patent had a significant impact on product innovation but was not statistically significant for business process innovation. In conclusion, we found that intra-firm knowledge-sharing activities impact more on innovation performance of firms more than inter-firm knowledge-sharing activities of firms in the EU. Our study is limited to using cross-sectional data and the number of countries within the EU involved in the study. We believe longitudinal data and the involvement of more EU countries in future studies will yield robust findings for more reliable inferences.

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Section: Datamentioning

confidence: 99%

Knowledge Management: The Value of Inter and Intra-firm Activities Towards Innovation Performance

Arthur,

Stejskal

2023

ECKM

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“…Numerous analyses have demonstrated the positive influence of government interventions, such as eco-friendly regulations and financial incentives, in driving the adoption of circular economy practices. These measures effectively promote sustainable economic activities and help minimize environmental harm [6]. Projecting future trends in waste production and its possible recycling will help government policy maker to propose an effective planning.…”

Section: Introductionmentioning

confidence: 99%

Predicting the future trends for circular economy

Rana¹,

Mir

Dwivedi

et al. 2023

Preprint

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Considering sustainability and resource efficiency goals, the circular economy has gained significant attention as a promising economic model. To achieve this the countries worldwide are putting their attention on total municipal waste generation and its disposal methods with focus on recycling. For sustainable development of the country, policy makers need to design a new economic framework that should target reduction in the waste generation and enhancement in its reusage. Keeping in view this need the Organisation for Economic Cooperation and Development (OECD) explored twelve key factors associated with the circular economy for European countries. For better understanding Heat map analysis is done on total municipal waste generation and recycling for ten countries. The trend analysis is also performed to get insight into how countries should plan their future policy designs keeping sustainability in the limelight. The study employs an ARIMA model to predict trends in two crucial components of the circular economy: municipal waste generation and recycling rates. The predicting modelling approach will provide a targeted measures to policy makers to handle the waste efficiently.

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Section: Introductionmentioning

confidence: 99%

“…We live in an era of food, economic, and social crises, environmental pollution, growing awareness of social responsibility, sustainability, and concern for the environment, and heightened growth in some economies, coupled with urbanization [1,2]. The modern economy threatens environmental protection, and this fact places pressure on environmental stakeholders, especially firms and policymakers [2]. Arising from the perception that current consumption patterns are at the root of the environmental crisis, criticism of consumerism came to be seen as a contribution to the development of sustainable societies [3].…”

Section: Introductionmentioning

confidence: 99%

“…CE has become a popular strategy for improving sustainability, and is a theme that has been extensively researched over the past five years [5]. Arthur et al (2023) [2] assumed that some CE variables have a significant impact on the environment; variables such as the level of materials considered as input factors for economic production, the amount of waste generated because of the extraction and usage of these materials, and the rate of recycling of the generated waste.…”

Section: Introductionmentioning

confidence: 99%

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An Overview and Categorization of the Drivers and Barriers to the Adoption of the Circular Economy: A Systematic Literature Review

2023

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The adoption of the circular economy (CE) can help to solve the dilemmas of food, economic and social crises, environmental pollution, and continuous decreases in non-renewable resources, caused by the continuous increase in the size of the global population. Identifying drivers of and barriers to the CE is important for the implementation of the CE. In this context, this study aims to identify and categorize the drivers of and barriers to the adoption of the CE through a systematic literature review. In doing this, ten categories of drivers and barriers were identified: environmental, supply chain, economic, information, legal, market, organizational, public, social, and technological. The results of this study may contribute to the development of circular processes, the promotion of sustainability, and may encourage the implementation of the CE in many areas. The CE’s implementation can be a way to achieve some of the Sustainable Development Goals from the 2030 Agenda.

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Towards Circular Economy: Unveiling Heterogeneous Effects of Government Policy Stringency, Environmentally Related Innovation, and Human Capital within OECD Countries

Cited by 7 publications

References 59 publications

Knowledge Management: The Value of Inter and Intra-firm Activities Towards Innovation Performance

Knowledge Management: The Value of Inter and Intra-firm Activities Towards Innovation Performance

Predicting the future trends for circular economy

An Overview and Categorization of the Drivers and Barriers to the Adoption of the Circular Economy: A Systematic Literature Review

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