Business management perspectives on the circular economy: Present state and future directions

Technological Forecasting and Social Change, Journal Year: 2022, Volume and Issue: 187, P. 122182 - 122182

Published: Dec. 9, 2022

Abstract Circular economy (CE) is an economic model designed to substitute the take-make-dispose linear with a regenerative system. Business management has critical role in translating CE into practice. Extant research on CE, while expanding rapidly, remains fragmented and lacks holistic perspective. Through bibliographic coupling, technique that identifies emergent trends rather than past traditions literature, we analyse current state of business develop agenda for future research. Six streams emerge: strategy, learning innovation, consumer behaviour remanufacturing, supply chains implementation, circular models, industrial symbiosis, emerging technologies. content analysis explore gaps, providing more comprehensive overview prior studies. Moreover, identify promising paths research, focused around three overarching questions provide platform accelerate impact adoption proliferation practices future.

Language: Английский

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Circular economy: A new research field?

Journal of Industrial Ecology, Journal Year: 2023, Volume and Issue: 27(5), P. 1239 - 1251

Published: July 28, 2023

Abstract Action to pursue the circular economy (CE) transition is burgeoning in government and private sector. Does this action signal that CE a distinct field of research with unique disciplinary identity? This article argues has reached status, through its own epistemic communities characterized by increasingly shared methodological perspectives normative ideals, institutionalized knowledge development journals authority structures. The recent growth points toward more contextualized nuanced operationalizations concept, evidence approaching threshold state maturity. Drawing on observations from academic literature discussions researchers experts, we trace process which arrived at status field. concludes reflections directions.

Language: Английский

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Startups and circular economy strategies: Profile differences, barriers and enablers

Journal of Cleaner Production, Journal Year: 2023, Volume and Issue: 396, P. 136510 - 136510

Published: Feb. 18, 2023

Circular economy practices contribute to achieving sustainability and alleviating the consequences of value chain disruptions surging prices energy raw materials. While startups are increasingly recognized as a powerful engine for innovation processes needed support this transition, empirical studies on selection implementation circular strategies among remains scarce. In paper, we report findings from first academic survey (N = 165) that allows multivariate statistical analyses, considering both personal company characteristics, perspectives entrepreneurs involved. This includes with varying degrees levels set 10 at different startup lifecycle stages. Our results suggest younger tend focus inner circle strategies, while older rather engage in outer or no all. Female found be less inclined combine multiple business-to-business business-to-government market segments frontrunners business models. mostly acknowledge circularity comparative advantage, migrant background seem more optimistic start profitable business. there is such thing 'the' startup, so recommend policy makers develop tailor-made solutions implementing strategies.

Language: Английский

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Challenges of circular new ventures: An empirical analysis of 70 cases

Journal of Cleaner Production, Journal Year: 2024, Volume and Issue: 442, P. 141103 - 141103

Published: Feb. 1, 2024

The challenges encountered by established firms transforming their linear business models into circular (CBMs) have received extensive research attention. Such experience and market foothold but tend to adopt an incremental approach CBMs due risks of model cannibalization. However, there is relatively limited on the experienced new ventures developing from scratch – ventures. New are often agile, experimental deploy disruptive even though they lack resources. knowledge specific this field constraining for entities such as incubators accelerators that seek facilitate emergence scale-up Furthermore, researchers cannot presume same when CBMs. Thus, aim article explore while scratch, synthesize sources these provide practitioner implications overcome them. In doing so, we studied 70 across Europe. Our makes four original contributions literature. First, our study seminal in using a large cross-country dataset qualitatively analyse empirical models. Second, identify which generic CBMs, certain CBM types particular. Third, show determined their: (i) type model, (ii) industrial sector, (iii) institutional context, (iv) liabilities. Altogether, highlight several similar challenges, particularly struggle liabilities newness smallness limits resources legitimacy enter strategic partnerships crucial venture survival.

Language: Английский

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Does intrinsic motivation or extrinsic pressure matter more? An exploratory study of small businesses going green and innovation

Business Strategy and the Environment, Journal Year: 2024, Volume and Issue: 33(5), P. 3855 - 3886

Published: Jan. 18, 2024

Abstract Small firms may go green because of intrinsic motivation (to realise their values) or extrinsic pressure satisfy the requirements stakeholders). While impacts these two motivations on firms' behaviours have been discussed in literature, influences economic such as innovation remain unclear. This paper aims to investigate relationship between going due versus and impact innovation. We examine a dataset almost 21,000 small businesses 39 countries, primarily less developed, from 2018 2020. find that tend be more innovative than those do not. Also, are equally so for motivation. In some cases, it is even found exerts stronger effect Moreover, we moderating effects market competition while no firm innovation, strengthens Our findings robust different empirical settings control endogeneity, model specifications estimators.

Language: Английский

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Circular economy barriers in Australia: How to translate theory into practice?

Sustainable Production and Consumption, Journal Year: 2024, Volume and Issue: 45, P. 582 - 597

Published: Feb. 7, 2024

Australia has many unique features that make the approach to a transition circular economy different other countries. There is growing recognition current linear of 'take-make-waste' unsustainable, and this driven research government policy into attempting develop in Australia. This systematic transformation will result significant impact on government, business, consumers, therefore be highly complex achieve without understanding overcoming barriers. The aim review identify major barriers adoption through using literature been published last six years. resulted 74 studies being included for analysis across variety waste streams Australian States. authors identified could segregated 21 barriers, with most frequently occurring ones including standards regulations, high cost transport, lack incentive, missing or inaccurate data, businesses not prioritising changes needed economy. These were then assigned step lifecycle (or supply chain) material up until exhaustion disposal, as aids identifying gaps, successful examples are easier overcome. Using these guideline, we have made recommendations how can progress

Language: Английский

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Linking Top Management Commitment and Circular Practice Through Human Resource Perspective: Do Diversity, Equity, and Inclusion (DEI) Make a Difference in Sustainability?

Corporate Social Responsibility and Environmental Management, Journal Year: 2025, Volume and Issue: unknown

Published: Jan. 5, 2025

ABSTRACT Based on the natural, social resource‐based view, stakeholder theory, and complementary principles of justice, this study aimed to reveal influence mechanism between top management circular commitment (TMCC) economy practices (CEPs) through perspective human resource (HRM) diversity, equity, inclusion (DEI). We have highlighted role interplay (CE‐HRM) DEI culture for implementation CEPs. collected questionnaire data surveys in Sichuan Chongqing, China, analyzed hypotheses conceptual model using structural equation modeling. found that: (1). TMCC can positively (2). indirectly CEPs CE‐HRM, which CE‐HRM acts as partial mediation. (3). Diversity culture, including labor law protection groups rainbow (LGBTQ+) group, shows significant moderating effects CE‐HRM. Equity demonstrates This not only delved into CE‐HRM; it also incorporated first time. It provides new insights, supports justice interdependence environmental sustainability, breaks dearth Chinese context LGBTQ+ research.

Language: Английский

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Scientific Progress on Entrepreneurship in the Circular Economy: A Scientometric Analysis

Sustainability, Journal Year: 2025, Volume and Issue: 17(2), P. 777 - 777

Published: Jan. 20, 2025

This paper adopts a scientometric approach to establish research framework guide the study of entrepreneurship in circular economy (ECE) for coming years. Two hundred papers published on ECE journals indexed WOS and Scopus show that this area is still its embryonic stage it geared towards two key axes: environmental management aspects. In addition framing based concept conscious entrepreneurship, shows critical focus efforts understanding challenges obstacles facing transition from linear economy. Furthermore, essential determine enabling factors both contextual organizational perspectives, with particular examining negative externalities ECE. The role researchers field not only better phenomenon but also prescribing disseminating philosophy which base economic growth remainder century.

Language: Английский

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Exploiting circular economy enablers for SMEs to advance towards a more sustainable development: An empirical study in the post COVID-19 era

Resources Conservation & Recycling Advances, Journal Year: 2023, Volume and Issue: 19, P. 200164 - 200164

Published: June 16, 2023

The transition towards a more circular development requires the activation of several key Circular Economy (CE) enablers. Their combination generates complex system that aims to advance sustainable development. However, COVID-19 pandemic has created many changes in this global economy, altering interactions between nature, people, governments, and businesses. effects were mainly felt by Small Medium-sized Enterprises (SMEs). This study analyzes present state CE enablers for SMEs considering sustainability assessment overview. Eight have changed because especially identified through an exhaustive literature review been analyzed involvement 29 scholars practitioners. results generated with application fuzzy TOPSIS methodology, evidence 'digital technologies', 'green consumption', 'circular entrepreneurship' are greatest potential contribute post-pandemic.

Language: Английский

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Business model innovation in circular start-ups: Overcoming barriers in the circular plastics economy

International Small Business Journal Researching Entrepreneurship, Journal Year: 2024, Volume and Issue: 42(4), P. 506 - 550

Published: June 1, 2024

Circular start-ups (CSUs) are crucial for implementing a circular economy; yet, little research has been undertaken on the specific barriers they face. Through case study of CSUs in Dutch plastics industry, we identify several key encompassing technology dependence, poor credibility, constrained resources, collaboration challenges, lack knowledge and inadequate institutional support. Additionally, highlight four success factors (SFs) that enable to compete plastics: value proposition design, market sensitivity, networking prowess ambidexterity. Our shows can enact these SFs as strategies-in-use overcome barriers. Yet still, continue focusing recycling-centric business models, limiting their potential drive transition more radically along waste hierarchy. This calls support from various entities such entrepreneurial ecosystems well multi-stakeholder perspective considers models interdependent with other actors chain.

Language: Английский

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