How do companies adopt open innovation to enable circular economy? Insights from a qualitative meta‐analysis of case studies

Business Strategy and the Environment, Journal Year: 2024, Volume and Issue: 33(7), P. 6852 - 6868

Published: June 18, 2024

Abstract Open innovation (OI) is a pivotal driver in fostering the practical implementation of circular economy (CE). Based on 42 case studies identified through systematic search, present study seeks to understand how OI strategies are currently integrated within companies' business models (CBMs). The content analysis cases, interpreted strategy matrix, emphasises prevalent inclination among companies towards collaborative and network‐based strategies. These exhibit high depth breadth knowledge indicating tendency engage with numerous sources deep partnership. Moreover, findings underscore that tend favour rooted search rather than developing CBMs. In addition contributing existing CE knowledge, this offer empirical insights for managers, practitioners policymakers, aiming effectively integrate into

Language: Английский

---

Sustainable and Innovative: How Can Open Innovation Enhance Sustainability Practices?

Sustainability, Journal Year: 2025, Volume and Issue: 17(2), P. 454 - 454

Published: Jan. 9, 2025

Sustainability has been regarded as a central aspect for the short-, mid-, and long-term survival of businesses. This paradigm brings forth need companies to keep up with market competition while addressing sustainable development aspects their operations. With emergence tools techniques such machine learning artificial intelligence language models, decline entry barriers prompted organizations innovate stay competitive through traditional innovation or employing open (OI). The purpose this paper is investigate how OI can enhance sustainability practices. To end, systematic review using Methodi Ordinatio was conducted. We investigated authors’ objectives overarching topics revolving around OI. Three areas opportunity were identified: (i) literature on prolific, international collaboration encouraged; (ii) are viewed prism environmental concerns, innovation, social dimensions, principles circular economy, business pathways growth; (iii) collaboration, crowdsourcing, knowledge management, stakeholder engagement some most frequently addressed issues. Future research be conducted these avenues produce significant results area

Language: Английский

---

Opportunities and challenges of strategic planning in the context of circular economy: an exploratory analysis

Management of Environmental Quality An International Journal, Journal Year: 2025, Volume and Issue: unknown

Published: Jan. 23, 2025

Purpose This study aims to explore relationships between strategic planning and the adoption of circular economy (CE), addressing a gap in current research about role plays supporting implementation CE. Design/methodology/approach To achieve objective this research, case studies were conducted at four Canadian companies with well-established environmental sustainability strategies. Findings The findings highlight importance engaging both internal external stakeholders facilitating knowledge exchange, as it is essential for CE initiatives. Additionally, commitment circularity principles use formal tools are identified valuable assets integration process. also presents analyzes challenges integrating into companies’ planning. Originality/value contributes existing literature by shedding light on interplay adoption, offering insights complexities opportunities involved organizational A framework proposed.

Language: Английский

---

Cultivating Sustainability: Harnessing Open Innovation and Circular Economy Practices for Eco-Innovation in Agricultural SMEs

Journal of Open Innovation Technology Market and Complexity, Journal Year: 2025, Volume and Issue: unknown, P. 100494 - 100494

Published: Feb. 1, 2025

Language: Английский

---

The mediating role of open innovation in enhancing the Saudi food industry’s integration into the global value chain

International Journal of ADVANCED AND APPLIED SCIENCES, Journal Year: 2025, Volume and Issue: 12(2), P. 181 - 190

Published: Feb. 1, 2025

This study examines the integration of Saudi food industry into Global Value Chain (GVC) by assessing influence key external factors, including Trade Policy (TP), Digital Business (DB), Collaborative Partnerships (CP), Ethical Issues (EI), and Sustainability Environment (SE). Open Innovation (OI) is analyzed as a mediating factor linking these elements to GVC participation. Using structural equation modeling (SEM), data from 178 decision-makers in sector reveal that while factors significantly impact participation, their effect primarily channeled through OI. OI facilitates knowledge sharing, technology adoption, collaboration, serving critical enabler integration. These findings underscore transformative role leveraging enhance competitiveness, aligning with Vision 2030's economic diversification objectives. The emphasizes need for policymakers leaders promote initiatives strengthen global positioning industry.

Language: Английский

---

Equity crowdfunding: an open innovation tool to attain corporate sustainability

Innovation, Journal Year: 2025, Volume and Issue: unknown, P. 1 - 21

Published: March 31, 2025

This study enhances the understanding of equity crowdfunding as an open innovation tool that allows firms to embrace corporate sustainability. Building on grounded theory, we investigate how campaigns facilitate stakeholder engagement and trigger sustainability-oriented innovation. In form abductive study, our qualitative inquiry adopts interpretive stance collect analyse data from 17 Italian start-ups SMEs successfully completed campaign. We relied semi-structured interviews administered managers investors, in addition secondary sources information. As a result, identify key mechanisms by which enables companies valuable feedback, resources, market insights. According relational view engagement, two-way communication knowledge creation learning, leads development innovations. A conceptual framework is provided showcase activity, aim, impact engagement. Thus, findings highlight dual role investors financial supporters strategic partners driving Borrowing theory's dogmas, contribute literature clarifying function triggering while pursuing value co-creation. From practical standpoint, advise companies, intermediaries, policymakers through crowdfunding's non-financial benefits exploitation achieve sustainability..

Language: Английский

---

The practitioner perspective is more complete: analysing supply chain collaboration for the circular economy

Production Planning & Control, Journal Year: 2025, Volume and Issue: unknown, P. 1 - 24

Published: April 2, 2025

Language: Английский

---

How does open innovation promote circular economy practices? Evidence from Chinese listed companies

Journal of Innovation & Knowledge, Journal Year: 2025, Volume and Issue: 10(3), P. 100702 - 100702

Published: April 5, 2025

Language: Английский

---

An Innovative Collaborative Coordination Approach for Zero Waste in the Circular Economy

Journal of the Knowledge Economy, Journal Year: 2025, Volume and Issue: unknown

Published: April 7, 2025

Language: Английский

---

The Strategic Role of Circular Economy Innovations and Stakeholder Engagement in Advancing Responsible Production and Consumption

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

Published: April 7, 2025

ABSTRACT As the urgency of global sustainability goals intensifies, achieving responsible production and consumption (RPC) has become a critical priority, especially in emerging markets where economic growth must be balanced with environmental stewardship. Businesses play pivotal role advancing sustainability, understanding how governance practices influence RPC is essential for aligning corporate strategies objectives. This study investigates circular economy innovations stakeholder engagement moderate link between indigenous directors RPC. Using secondary data from 439 manufacturing firms across MENA countries 2012 2022, we employed method moments quantile regression (MMQR) fixed effects estimations, addressing endogeneity through GMM modeling propensity score matching techniques. Our findings demonstrate that significantly enhance all quantiles. Additionally, not only advance but also amplify positive on sustainable practices. Stakeholder further strengthens this relationship, particularly higher quantiles, underscoring importance inclusive goals. These insights provide actionable implications business leaders policymakers, region, by emphasizing strategic integration Indigenous leadership into governance. offers framework objectives, notably SDG 12 while contributing to literature management sustainability. By highlighting driving practices, research provides valuable guidance policymakers seeking market economies.

Language: Английский

---