Circular Economy in a Developing Country's Textile and Apparel Industry: Managerial Perspectives on Challenges and Motivators

Business Strategy and the Environment, Journal Year: 2025, Volume and Issue: unknown

Published: Jan. 30, 2025

ABSTRACT The purpose of this paper is to examine the factors that challenge or motivate textile and apparel suppliers' implementation circular economy (CE) practices. To end, we interviewed 18 senior managers from Bangladeshi suppliers. key reported challenges CE were cost concerns, reluctance entrepreneurs, lack regulatory influence, unavailability appropriate technology adequate research development projects. Conversely, long‐term benefits, buyer pressure, rising awareness, growing collaboration growth in funding as motivating for implementation. In particular, beyond conflicts between financial concerns legitimacy, our findings support institutional theory enhance literature by revealing new insights into normative such agencies' collaboration, which suppliers effectively implement This has significant implications policymakers regarding how capitalise on overcome

Language: Английский

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Enhancing circular economy practices through the adoption of digital technologies

Business Strategy & Development, Journal Year: 2024, Volume and Issue: 7(1)

Published: Jan. 22, 2024

Abstract In transitioning from a linear economy model to circular business, digital technologies can help manage the flow of restorative and regenerative resources. this context, present study aims evaluate contribution technologies, such as internet things (IoT), Big Data Blockchain in execution (CE) practices what mechanisms companies are adopting integrate into context. The research method consists an exploratory case with qualitative approach. Two prominent took part study. results indicate benefits highlighted by companies, contemplate that analysis has improved performance data processing management, IoT added monitoring traceability companies' packaging, thus bringing efficiency recycling, recovery, reuse disposal, provides traceability, security reliability for implemented practice. This contributes exploring factors will explain mechanism implementing CE practices. integrates two dimensions (i.e., technology). doing so, it expands previous studies on technologies. As practical contribution, understood integration startups development projects. addition innovative proposals, they management solutions

Language: Английский

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Energy transition and non-energy firms’ financial performance: Do markets value capability-based energy transition strategies?

Energy Economics, Journal Year: 2024, Volume and Issue: 136, P. 107658 - 107658

Published: May 25, 2024

Language: Английский

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Information systems capabilities value creation through circular economy practices in uncertain environments: A conditional mediation model

Journal of Business Research, Journal Year: 2024, Volume and Issue: 175, P. 114526 - 114526

Published: Feb. 1, 2024

The link between the field of information technology business value and sustainable activities is a widely discussed topic in academia management. However, mechanisms that lead to impact on performance are still elusive. circular economy one most recent approaches address sustainability challenges. Drawing perspective technology-enabled organizational capabilities contingency theory, this study first analyze how systems enable practices become higher-order enhance performance, as well moderation environmental uncertainty exerts relationship. Using partial least squares path modeling, empirical evidence demonstrates fully mediate relationship performance. Meanwhile, negatively moderates both mediation capabilities-business For managers, research embedding into processes for transitioning model can present economic benefits depending upon within their specific operating environment. Finally, our analysis method combines predictive causal techniques with structural equation modeling applies compelling approach testing conditional effects.

Language: Английский

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The impact of supply chain pressure on cross-functional green integration and environmental performance: an empirical study from Chinese firms

Operations Management Research, Journal Year: 2024, Volume and Issue: 17(2), P. 612 - 634

Published: Feb. 17, 2024

Language: Английский

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Stakeholder governance to facilitate collaboration for a systemic circular economy transition: A qualitative study in the European chemicals and plastics industry

Business Strategy and the Environment, Journal Year: 2023, Volume and Issue: 33(3), P. 2173 - 2192

Published: Oct. 15, 2023

Abstract Implementing the circular economy (CE) requires novel forms of stakeholder collaboration. While contemporary literature on theory is commonly characterized as “pro‐business‐oriented,” it remains ambiguous how precisely collaborations may pave way for a systemic CE transition. By applying qualitative‐empirical research approach utilizing semi‐structured interviews, this paper identifies three types governance collaborations—(i) company‐centric governance, (ii) industry‐oriented and (iii) cross‐industry‐oriented governance. Our contribution to lies in examining transition bridge “the stakeholder‐system divide.” We emphasize unique role innovative ensuring success relationships while highlighting changes business environment give an impetus collaborations. contribute by gaining following insights into European chemicals plastics industry: (a) successful typically feature variety different stakeholders maintaining close mutual interactions; (b) calls managerial strategies that are collectively governance‐oriented rather than company‐centric. This article thus sheds light criticality collective‐oriented fostering practices within industry need be extended beyond immediate industrial sectoral boundaries.

Language: Английский

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The factors behind block-chain technology that boost the circular economy: An organizational perspective

Technological Forecasting and Social Change, Journal Year: 2024, Volume and Issue: 200, P. 123194 - 123194

Published: Jan. 4, 2024

All authorities are attracted to the circular economy due excessive use of industrial production. In this vein, importance digitization has gained huge attention. Digital technology, particularly block-chain enlightens a new face industry and that stimulates corporate social action. setting, we trying probe connection amid technology with help organization factors, agility, institutional, strategic, green knowledge management as moderators. After series tests in Chinese sector, unfold theoretical concept assists enhancing practices at level. We further pinpoint major organizational factors such institutional strategic actually responsible for improved practices. importantly unveil way strengthen economy, which is possible through effective role management. offers guidance policy makers improving implication technology. This study clarifies function elements connection.

Language: Английский

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Industry 4.0 technologies for the adoption of the circular economy: An analysis of institutional pressures and the effects on firm performance

Journal of Environmental Management, Journal Year: 2024, Volume and Issue: 370, P. 122260 - 122260

Published: Sept. 10, 2024

Language: Английский

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Enhancing the circular economy business model towards sustainable business performance: Moderating the role of environmental dynamism

Journal of Infrastructure Policy and Development, Journal Year: 2024, Volume and Issue: 8(5), P. 3321 - 3321

Published: May 27, 2024

Enhancing the emphasis on incorporating sustainable practices reinforces a linear transition towards circular economy by organizations. Nevertheless, although studies demonstrate an increasing trend, drivers that support business performance in Small and Medium-Sized Enterprise (SME) sector, especially developing nations, demand exploration. Accordingly, study examines drivers, i.e., green human resource management, establishing sustainability environmental dynamism as moderating variables. The engaged 207 SMEs 621 respondents who were analyzed utilizing structural equation modeling. analysis indicated was affected management economy. Subsequently, mediated linkage between resources performance. moderated

Language: Английский

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Fostering circular economy in small and medium‐sized enterprises: The role of social capital, adaptive capacity, entrepreneurial orientation and a pro‐sustainable environment

Business Strategy and the Environment, Journal Year: 2024, Volume and Issue: unknown

Published: Sept. 9, 2024

Abstract This study addresses the challenges faced by small‐ and medium‐sized enterprises (SMEs) in undertaking sustainability projects due to limited resources explores factors influencing SMEs' adoption of circular economy (CE) practices, an area under‐researched literature. Analysing data from 205 SMEs Spain's forest bioeconomy sector using fuzzy sets (fs/QCA), finds that internal external social capital, coupled with adaptive capacity, are crucial influences, particularly when exhibit entrepreneurial culture. Conversely, if do not have orientation or environment is pro‐sustainable, these three characteristics may lead low CE adoption. Thus, emphasizes imperative cultivate enhance embrace innovation risk‐taking leverage meet environmental demands, thereby reducing costs time adopting practices. Additionally, it underscores policymakers' pivotal role fostering a pro‐sustainable environment, being critical for SME engagement

Language: Английский

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