RSL
RSL
Abdallah, A. B., et al. (2024). "The Impact of Green Supply Chain Management on
Circular Economy Performance: The Mediating Roles of Green Innovations." Logistics
8(1).
Background: This study investigated the impact of green supply chain
management (GSCM) on circular economy (CE) performance. The mediating roles of
three green innovation types, namely green product innovation, green process
innovation, and green management innovation, are also examined. Methods: This
study’s population comprised all companies in the manufacturing sector in Jordan. A
simple random method was applied to gather data from 278 companies. The research
model was evaluated in terms of validity and reliability, which were found to be
satisfactory. Hayes’s PROCESS macro in IBM SPSS was applied for hypothesis testing.
Results: The findings showed that GSCM directly and positively affected CE
performance. Moreover, GSCM showed positive impacts on the three types of green
innovation. In addition, the three innovation types demonstrated positive impacts
on CE performance and proved to positively mediate the GSCM–CE performance
relationship. Conclusions: The present study is the first, to the best of our
knowledge, to examine the mediating effect of green innovations on the GSCM–CE
performance relationship. It is also among the first to examine the impact of GSCM
on three different types of green innovation that represent technological and non-
technological innovations. © 2024 by the authors.
Adjei-Bamfo, P., et al. (2023). "Public procurement for innovation through supplier
firms' sustainability lens: A systematic review and research agenda." Business
Strategy and the Environment 32(1): 387-407.
Public sector purchasing processes are gaining increasing prominence as a
demand-side innovation tool for addressing national sustainability challenges.
Accordingly, there has been growing research attention to this topic. Prior studies
suggest three key rationales that underlie the use of public sector procurement to
drive innovation: (i) the buyer–user rationale (for creating new needs); (ii) the
market/system failure rationale (for improving suppliers' capacity to innovate);
and (iii) the public services rationale (for improving public services). However,
operational activities at the upstream supply chain affecting the sustainable
innovation capacities of supplier firms appear to be under-researched in the public
procurement for innovation (PPI) scholarship, despite knowledge about innovation
capacity being critical to successfully implementing PPI. This paper adopts a
systematic literature review approach to synthesise existing fragmented literature
on sustainability-oriented PPI, focusing on supplier perspectives. Findings from a
synthesis of 41 relevant articles suggest, among others conditions, that a
procurement framework that maintains a good balance of competition and innovation,
builds buyer–supplier relationship and urges strong supply networks, maintains a
stable political commitment, offers security for niche markets with effective
innovation risk management culture would enhance suppliers' sustainability capacity
and propensity to innovate. This paper contributes to the PPI literature and the
literature on determinants of sustainable innovation systems from supplier firms'
sustainability lens. © 2022 The Authors. Business Strategy and The Environment
published by ERP Environment and John Wiley & Sons Ltd.
Agarwal, V., et al. (2023). "Building resilience for sustainability of MSMEs post
COVID-19 outbreak: An Indian handicraft industry outlook." SOCIO-ECONOMIC PLANNING
SCIENCES 85.
The handicraft business constitutes concept selling rather than mere product
selling, which is highly dependent on demand. Handicrafts' Micro Small and Medium
Enterprises (MSMEs) have an expanding market in developed countries. The impact of
the pandemic on this industry is severe due to the industry's informal nature and
seasonal demand. The survival and resilience of these handicraft MSMEs face many
challenges in the postCOVID-19 outbreak. The focus of the present study is to
understand and analyze the key challenges for building resilience in handicraft
MSMEs by scrutinizing the existing literature and interactions with stakeholders.
EFA and the Grey DEMATEL approach are used to analyze the challenges for the
adoption of resilience. EFA is used to categorize the challenges into various
dimensions. The study has divided the challenges for the inclusion of resilience
into survivable, sustainable, and viable categories using EFA to plan for short-
and long-term business growth. Grey DEMATEL is being utilized for understanding
these contextual relationships for each resilience dimension. Grey systems theory
is a methodology that enables the incorporation of improbability and vagueness into
the analysis. Findings of the study revealed the influencing challenges for each of
the dimensions such as competition from machine-made products, insufficient
government support and incentives for export, and inefficient managerial concern
and response to internationalization as the prominent challenges. The results of
this study illustrate the causal relationships amongst the identified resilience
challenges to the various stakeholders. These findings offer practical insights for
the government to allocate resources and impose measures to ensure resilience, as
well as understanding the cause-effect relationship. Managerial implications and
Policy insights for building the resilience of handicraft MSMEs are discussed in
detail.
Agrawal, R., et al. (2022). "Progress and trends in integrating Industry 4.0 within
Circular Economy: A comprehensive literature review and future research
propositions." Business Strategy and the Environment 31(1): 559-579.
Society is facing many challenges, including, climate change, COVID, inequity
and human population growth. Some researchers suggest that integration of Circular
Economy (CE) and Industry 4.0 (I4.0) concepts and approaches can help us to make
progress towards sustainable societies. Integrated implementation can help to
improve the design of product–service systems focused on prevention and reduction
of wastage of materials, energy, human health, and ecosystems. The CE practices
enable consumers to return products after use and to reuse the products with more
value. Will integrated adoption of CE and I4.0 practices help society to be more
sustainable? What is known about the climate change benefits of integration of I4.0
and CEs to reduce energy and resource usage? The authors sought to answer these
questions, via a systematic bibliometric literature review, and network analysis of
literature on I4.0 and CE for logistics and supply chain applications. The review
was performed by searching the SCOPUS database for literature about I4.0 and CE. A
total of 165 articles were shortlisted for in-depth review. The literature review
was complimented by bibliometric and network analyses. The review provided insights
into the present and future trends in integration of I4.0 and related Artificial
Intelligence (AI) tools in CE's. Based on the findings, a framework for integrating
I4.0 and CE, was developed to guide CE decision-making that will help researchers
and industrialists, integrate I4.0 tools within CEs to improve logistics, resource
efficiency, safety, product quality and reduce fossil-carbon footprints. © 2021 ERP
Environment and John Wiley & Sons Ltd.
Agyabeng-Mensah, Y., et al. (2024). "Stakeholder pressure and circular supply chain
practices: Moderating roles of environmental information exchange capability and
circular innovation orientation." BUSINESS STRATEGY AND THE ENVIRONMENT.
This study deploys institutional theory and Resource orchestration theory
(ROT) to examine the roles supply chain stakeholder pressure, circular innovation
orientation (CIO) and environmental information exchange capability (EIEC) play in
adopting Circular supply chain (CSC) practices. This study uses a partial least
square structural equation modelling (PLS-SEM) to analyse survey data gathered from
290 managers of manufacturing Small and medium enterprises (SMEs) in Ghana. This
study finds that pressure from supply chain stakeholders substantially drives
manufacturing SMEs' CSC practices. This study confirms that EIEC negatively
moderates the relationship between supply chain stakeholder pressure and CSC
practices. Finally, this study confirms the complementarity between CIO and EIEC
through moderating effects between supply chain stakeholder pressure and CSC
practices. This study advances circular supply chain management (CSCM) literature
by testing a research framework that examines important but rarely studied roles of
CIO and EIEC in SMEs' CSC practices adoption under supply chain stakeholder
pressure through institutional and resource orchestration perspectives.
Ahmadi, H. B., et al. (2020). "An integrated model for selecting suppliers on the
basis of sustainability innovation." Journal of Cleaner Production 277.
In today's competitive business environment, corporations attempt to achieve
sustainability through innovation. Innovation is considered by researchers and
scholars to be a key driver for achieving sustainability. One of the key parts in
any sustainable supply chains is sustainable supplier evaluation and selection.
However, few sustainable supply chain management (SSCM) studies have focused on
sustainable supplier evaluation and selection, particularly in the context of
sustainable innovation management. Thus, supplier evaluation and selection studies
that consider overall sustainability (social, environmental, and economic)
innovation criteria are nearly non-existent. To deal with this issue, this paper
proposes a decision framework to assess sustainable innovative suppliers. A
combination of best worst method (BWM) and modified Preference Ranking Organization
Method for Enrichment of Evaluations (PROMETHEE) is employed as an integrated model
in the analysis. The BWM is initially applied to identify the sustainable
innovation criteria weights, and then the modified PROMETHEE is used to analyze the
suppliers’ performance. A manufacturing case example is employed to verify the
utility and applicability of the proposed methodology. This paper can assist
industrial managers, researchers, and decision-makers in understanding and focusing
on sustainable innovation, particularly when selecting suppliers, and enhancing
their supply chains’ sustainability to make progress toward sustainable
development. © 2020 Elsevier Ltd
Akter, S., et al. (2024). "Unleashing the power of artificial intelligence for
climate action in industrial markets." Industrial Marketing Management 117: 92-113.
Artificial Intelligence (AI) is a game-changing capability in industrial
markets that can accelerate humanity's race against climate change. Positioned in a
resource-hungry and pollution-intensive industry, this study explores AI-powered
climate service innovation capabilities and their overall effects. The study
develops and validates an AI model, identifying three primary dimensions and nine
subdimensions. Based on a dataset in the fast fashion industry, the findings show
that the AI-powered climate service innovation capabilities significantly influence
both environmental and market performance, in which environmental performance acts
as a partial mediator. Specifically, the results identify the key elements of an
AI-informed framework for climate action and show how this can be used to develop a
range of mitigation, adaptation and resilience initiatives in response to climate
change. © 2023 The Authors
Al-Omoush, K. S., et al. (2022). "Networking and knowledge creation: Social capital
and collaborative innovation in responding to the COVID-19 crisis." JOURNAL OF
INNOVATION & KNOWLEDGE 7(2).
This study empirically explores the role of social capital in creating
collaborative innovation and collective intelligence and maintaining organizational
sustainability in the unprecedented COVID-19 crisis. Data were collected from a
sample of 289 managers, directors and heads of departments of top 50 manufacturing
firms in Jordan and analyzed using Smart-PLS-SEM. The results indicate that social
capital significantly impacts collaborative innovation, collective intelligence and
organization sustainability during the COVID-19 crisis. They also reveal that
collective intelligence significantly impacts collaborative innovation and
organization sustainability. This study enriches the literature on social capital,
collaborative innovation and collective intelligence. It elucidates the role of
such dynamic capabilities in maintaining both organizational sustainability and the
chance of recovery from unprecedented crises. (c) 2022 The Author(s). Published by
Elsevier Espana, S.L.U. on behalf of Journal of Innovation & Knowledge.
(http://creativecommons.org/licenses/by-nc-nd/4.0/)
Alpsahin Cullen, U. (2023). "Exploring a circular business model: Insights from the
institutional theory perspective and the business model lens." International
Journal of Entrepreneurship and Innovation 24(1): 58-69.
Circular entrepreneurship is becoming a new, promising reality, in the manner
of needed radical paradigmatic change in the era of Anthropocene. Circular
entrepreneurs intend to create social and environmental value while they build
financially viable businesses. They are embedded in multiple institutionalised
value systems that they are expected to adhere to. Those institutionalised systems
provide circular entrepreneurs with different, in many cases, contradictory norms,
values and guiding principles. Substantial amount of research has been done to date
to examine the impact of institutions on entrepreneurial endeavours. And yet,
research lacks sufficient insights into how circular entrepreneurs engage with the
institutional structures in designing business models on a financially feasible
ground while creating social and environmental value. To address this, this paper
investigates how circular entrepreneurs respond to the value systems of surrounding
institutions in business modelling and how two fundamental aspects of embeddedness,
namely resource integration and value cocreation, are achieved within a circular
business model that is coherent in itself and with the entrepreneur's ambitions.
Both the institutional context and the institutional logics surrounding
entrepreneurs are examined to comprehend the surrounding institutional systems more
in-depth and extensively. By analysing a longitudinal in-depth case study, this
article aims to develop better insights into circular business modelling and
underlying mechanisms of embeddedness. The case is a born-circular small cidermaker
in Cornwall (UK), namely Wasted Apple. The findings show that the circular
entrepreneur is surrounded by dominant normative institutions forming the
principles of business model design. circular entrepreneurs mark fidelity to the
institutional norms to obtain a range of microcompetencies and to manage integrated
hybrid tensions within the value creation system. And therefore, a circular
business model is a more holistic and inclusive structure as compared to a typical
conventional linear business model. And yet, paradoxically embeddedness facilitates
business survival but hinders strategic business planning as well as business
profitability and growth. © The Author(s) 2021.
Anser, M. K., et al. (2021). "Financial development during COVID-19 pandemic: the
role of coronavirus testing and functional labs." Financial Innovation 7(1).
The outbreak of the SARS-CoV-2 virus in early 2020, known as COVID-19, spread
to more than 200 countries and negatively affected the global economic output.
Financial activities were primarily depressed, and investors were reluctant to
start new financial investments while ongoing projects further declined due to the
global lockdown to curb the disease. This study analyzes the money supply reaction
to the COVID-19 pandemic using a cross-sectional panel of 115 countries. The study
used robust least square regression and innovation accounting techniques to get
sound parameter estimates. The results show that COVID-19 infected cases are the
main contributing factor that obstructs financial activities and decrease money
supply. In contrast, an increasing number of recovered cases and COVID-19 testing
capabilities gave investors confidence to increase stock trade across countries.
The overall forecast trend shows that COVID-19 infected cases and recovered cases
followed the U-shaped trend, while COVID-19 critical cases and reported deaths
showed a decreasing trend. Finally, the money supply and testing capacity show a
positive trend over a period. The study concludes that financial development can be
expanded by increasing the testing capacity and functional labs to identify
suspected coronavirus cases globally. © 2021, The Author(s).
Antony, J., et al. (2023). "How does performance vary between early and late
adopters of Industry 4.0? A qualitative viewpoint." International Journal of
Quality and Reliability Management 40(1): 1-24.
Purpose: Industry 4.0 is a new trend among organizations. Some organizations
have been early adopters or later adopters of Industry 4.0. The purpose of this
paper is to investigate how performance effects vary between early and late
adopters of Industry 4.0. Design/methodology/approach: This study applies a
qualitative research methodology using grounded theory. 14 senior management
professionals who have implemented Industry 4.0 participated in this study through
a theoretical and snowball sampling approach. These professionals were from
manufacturing and service sectors, from North America, Europe and Asia. The study
used semi structured open-ended interviews to capture the organizational
performance on operational, financial, environmental and social dimensions.
Findings: The findings were analyzed in terms of four broad themes which emerged
from the interviews. In operational performance the operational and implementation
cost will be higher for early adopters. The late adopters may enjoy the advantage
in terms of improved business models. In terms of financial performance, the early
adopters may see a marginal increase in profit and increased stock price compared
to late adopters. The performance on the environmental dimension will see early
adopters enjoying material efficiency, energy savings and an improved image of the
company compared to late adopters. In social performance, the early adopters will
provide a better quality of work life, safer manufacturing environment. However,
the resistance from labor unions will be higher for early adopters compared to late
adopters. Practical implications: Organizations must decide the timing of
implementation of Industry 4.0. This study will act as a guide wherein they can
decide to be an early adopter or late adopter based on knowledge of the resulting
performance consequences. Originality/value: This is the first paper that studies
the performance effects of early versus late adopters of Industry 4.0. © 2021,
Emerald Publishing Limited.
Arroyabe, M. F., et al. (2024). "The integration of circular economy and digital
transformation as a catalyst for small and medium enterprise innovation." BUSINESS
STRATEGY AND THE ENVIRONMENT.
This study examines the integration of digital and circular economy (CE)
strategies in small and medium enterprises (SMEs) and their impact on innovation.
The research uses data from the Eurobarometer survey conducted by the European
Commission, which includes a sample of 16,365 SMEs. Using a combination of
regression analysis and machine learning tools, the results indicate that a high
degree of digitalisation within SMEs enhances the integration of a CE orientation.
However, it is not necessary for SMEs with advanced CE orientations to have high
levels of digitalisation. Additionally, the study finds variability in the
integration of digital and CE orientations among SMEs, identifying four distinct
groups of companies with differing levels of compatibility. Moreover, SMEs that
successfully integrate both digital and CE orientations are more likely to
innovate, whereas those with poor integration exhibit a lower probability of
innovation. These findings offer crucial insights for managers and policymakers
aiming to bolster SME innovation, digitalisation and sustainability. The research
underscores the need for a balanced integration of digital and CE orientations to
enhance innovation and environmental impact in SMEs.
Bag, S., et al. (2022). "Effect of eco-innovation on green supply chain management,
circular economy capability, and performance of small and medium enterprises."
Journal of Business Research 141: 60-72.
The social structures in organisations constitute essential enablers for the
betterment of small and medium enterprises’ (SMEs) performance. Our paper explores
such enablers in the context of SMEs’ contribution to the Circular Economy (CE),
through the lens of institutional and dynamic capability view theories. We focus on
the relationships between institutional pressures, eco-innovation, green supply
chain management (GSCM) practices, CE capability, big data driven supply chains
(BDSC), and performance for CE supply chains. We used a survey to collect data (n =
240) from people working in SMEs in the manufacturing sector in South Africa.
Drawing from institutional theory, we find that coercive, normative, and mimetic
pressures have a positive relationship with eco-innovation. Furthermore, eco-
innovation is positively associated with GSCM, with these two concepts
significantly related to the building of CE capability. The final element in our
framework shows a positive relationship between GSCM and CE capability. Our
findings reveal some nuances in terms of the relationships between the concepts.
For example, whilst BDSCs have a moderating influence on the relationship between
CE capability and firm performance for the CE supply chain, no such influence is
evident for the relationship between GSCM practices and performance. Further work
needs to focus on explaining this and other findings and on validating our
theoretical framework. © 2021 Elsevier Inc.
Basile, V., et al. (2024). "A three-level view of readiness models: Statistical and
managerial insights on industry 4.0." Technology in Society 77.
Over the past ten years, business intelligence (BI) and data analytics (DA)
have consistently increased their impact on information management and firms'
strategies, as evidenced in decision-making processes. Moreover, using new tools in
so-called digitalization has become a core element, and while it may help firms
sustain their competitive advantage, it could also have multiple side effects.
Therefore, this paper adopts a service ecosystem perspective and focuses on firms’
level of digitalization to observe the effects of technologies regarded as actors,
as well as deriving outlooks beyond the firm level. Additionally, a multilevel view
is aligned with the digital service ecosystem and supports the analysis of Industry
4.0 as sociotechnical factors in smart manufacturing technologies. Using principal
component analysis (PCA), an analysis of industries was conducted to identify where
the modernization of manufacturing and the contribution of digitalization show
lower levels of readiness. Furthermore, the purpose of the analysis is to alert
firms about opportunities to gain the most from digitalization or to enhance their
level of implementation of such technologies. A three-level view emerges because
novel technology implementation ranges from companies to industries to regions;
therefore, a general process of digitalization may also increase competitiveness at
a wider level. © 2024 The Authors
Batista, L., et al. (2023). "Theorising circular economy and sustainable operations
and supply chain management: a sustainability-dominant logic." INTERNATIONAL
JOURNAL OF OPERATIONS & PRODUCTION MANAGEMENT 43(4): 581-594.
Purpose - This paper introduces initial foundations of a sustainability-
dominant logic theory intersecting the sustainable operations and supply chain
management (SOSCM) discipline with the circular economy (CE) field of knowledge.
Design/methodology/approach - The paper applies propositional forms of theorising
to derive the formulation of propositions and interconnections that interrelate
SOSCM and CE principles, concepts and practices which provide a reinforcing
theoretical basis underlying the proposed sustainability-dominant logic
theory.Findings - Key findings are represented by elaborated theoretical
propositions fora sustainability-dominant logic linking SOSCM and CE principles,
concepts and well-established practical assumptions. The initial set of
propositions offers useful insights for a sustainability-dominant logic at three
managerial levels: product, firm and supply chain level. Originality/value - The
paper offers an original theoretical common ground based on a
sustainabilitydominant logic linking key SOSCM with CE tenets, this way developing
SOSCM theory anchored in the CE paradigm and, conversely, developing CE theory
supported by SOSCM principles and praxis. The initial set of propositions
introduced in the paper provides a new pathway for future research and debate by OM
scholars engaged with SOSCM and CE developments.
Bhatti, S. H., et al. (2023). "Servitized SMEs’ performance and the influences of
sustainable procurement, packaging, and distribution: The mediating role of eco-
innovation." Technovation 127.
The current paper is one of the pioneering studies to specifically analyze
the role of both inbound and outbound sustainable supply chain practices (SSCP) of
servitized SMEs in a relatively high-risk emerging economy context of Pakistan.
Building on Porter's Value Chain Model, this study analyzes the influence of
sustainable servitization on multiple performance indicators (including
environmental, economic, social, and operational) of servitized SMEs. We further
investigate the role of eco-innovation as a mediator. The study employs a time-
lagged research design, based on primary data collected from 280 managers of
servitized SMEs. We found that sustainable practices positively impact servitized
SMEs’ performance, except for sustainable procurement's influence on operational
performance. Finally, eco-innovation was found to partially mediate the analyzed
inter-relationships. © 2023 The Authors
Blasi, S., et al. (2024). "A network perspective of cognitive and geographical
proximity of sustainable tourism organizations: evidence from Italy." INTERNATIONAL
JOURNAL OF CONTEMPORARY HOSPITALITY MANAGEMENT 36(2): 478-504.
PurposeThis research aims to contribute to the literature on sustainable
hospitality and tourism by applying social network analysis to identify sustainable
tourism business networks and untangle the role of cognitive and geographical
proximity in their formation. Design/methodology/approachData mining and machine
learning techniques were applied to data collected from the websites of tourism
companies located in northeastern Italy, namely, the Veneto region. Specifically,
the authors used Web scraping to extract relevant information from the internet.
FindingsThe results support the existence of geographical clusters of tourist
accommodation providers that are linked by strong cognitive proximity based on
sustainability principles that are well communicated via their websites. This does
not appear to be greenwashing because companies that have agreed on sustainability
principles have also implemented concrete actions and tend to signal these actions
through a variety of sustainability certifications. Practical implicationsThe
results may guide tourism managers and policymakers in developing tourism
initiatives directed at the creation of fruitful collaborations between similarly
oriented organizations and methods to support clusters of sustainable tourism
accommodation. Identifying sustainable tourism networks may assist in the
identification of potential actors of change, fueling a widespread transition
toward sustainability. Originality/valueIn this study, the authors adopted an
innovative methodology to detect sustainability-oriented tourism business networks.
Additionally, to the best of the authors' knowledge, this study is one of the first
to simultaneously explore the cognitive and geographical connections between
tourism businesses.
Block, C., et al. (2021). "Semantic bridging of patents and scientific publications
- The case of an emerging sustainability-oriented technology." TECHNOLOGICAL
FORECASTING AND SOCIAL CHANGE 167.
The detection of emerging technologies in highly dynamic environments such as
the evolving area of sustainability-oriented technologies is pivotal for firms,
academia and policy alike in order to evaluate business opportunities and to set
strategic priorities. Secondary data sources, such as patents and publications, are
valuable data to gain a comprehensive overview of emerging technologies. However,
the bridging of both data sources with respect to a particular technology cluster
is often challenging as for instance time lags between cross-citations complicate
the evaluation of connectivity. Applied to the highly dynamic case of phosphorous
recovery as an emerging sustainability-oriented technology field, this study
proposes a semantic similarity analysis approach of patent and publication
documents. Mapping the timely development of emerging sub-technologies in the
domain of phosphorous recovery and the new developed indicator, the number of
semantically similar publications per patent belonging to a specific sub-
technology, contribute to the identification and evaluation of emerging
technologies in the highly dynamic context of sustainability transitions.
Block, C., et al. (2021). "Semantic bridging of patents and scientific publications
– The case of an emerging sustainability-oriented technology." Technological
Forecasting and Social Change 167.
The detection of emerging technologies in highly dynamic environments such as
the evolving area of sustainability-oriented technologies is pivotal for firms,
academia and policy alike in order to evaluate business opportunities and to set
strategic priorities. Secondary data sources, such as patents and publications, are
valuable data to gain a comprehensive overview of emerging technologies. However,
the bridging of both data sources with respect to a particular technology cluster
is often challenging as for instance time lags between cross-citations complicate
the evaluation of connectivity. Applied to the highly dynamic case of phosphorous
recovery as an emerging sustainability-oriented technology field, this study
proposes a semantic similarity analysis approach of patent and publication
documents. Mapping the timely development of emerging sub-technologies in the
domain of phosphorous recovery and the new developed indicator, the number of
semantically similar publications per patent belonging to a specific sub-
technology, contribute to the identification and evaluation of emerging
technologies in the highly dynamic context of sustainability transitions. © 2021
Boffa, D., et al. (2023). "Boosting circular economy via the b-corporation roads.
The effect of the entrepreneurial culture and exogenous factors on sustainability
performance." International Entrepreneurship and Management Journal 19(2): 523-561.
The study aims to analyze the role of informal institutions of Circular
Economy (CE) as exogenous factors of improving the effectiveness of Benefit
Corporation’ model. In detail, leveraging on the institution theoretical framework,
it hypothesized that the level of entrepreneurial culture linked to CE at national
level has a positive effect on the sustainability performance towards CE of Benefit
Corporations. To this end, a sample of 301 Certified Benefit Corporations collected
from the B-Lab dataset for the period 2008–2016 and located in eight European
countries (Belgium, Denmark, France, Germany, Italy, Netherlands, Spain, United
Kingdom) has been analysed. The findings show that the informal institutions
englobed in the cultural dimensions of a country, with specific regard to the role
of the entrepreneurial culture related to the CE, seems to actively stimulates the
sustainability performance of Benefit Corporations towards CE, as measured through
the B-Impact Assessment Score of the operated by B-Lab. The study provides some
important implications for theory and practice. Indeed, it contributes to the
literature on institutional theory applied to CE, revealing the effective role of
informal institutions for the development of circularity and sustainability
performance at firm level in the entrepreneurial ecosystem. Also, the full
achievement of the sustainability goals of Benefit Corporations passes also through
their strongly commitment towards the CE principles. Further, the incorporation of
a culture characterized by high entrepreneurial principles towards CE will likely
push individuals to build an entrepreneurial mindset for the effective and
sustainable development of Benefit Corporations. © 2023, The Author(s), under
exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature.
Bonamigo, A., et al. (2024). "Lean 4.0 in the value co-creation in agro-industrial
services: An agenda for future studies for the efficient resource use." Systems
Research and Behavioral Science 41(2): 219-234.
Over the last few years, the Lean 4.0 concept has emerged and gained
prominence on the world stage for waste and efficient natural resources management,
once including the Lean thinking philosophy for management and technologies from
Industry 4.0 for supporting and sharing data and information among the actors in
the supply chain. This new management technic allows reorganizes the business
process and stimulates the circular supply chain based on intelligent services and
sharing data, information and know-how among the actors in production systems.
However, it is not clear in the current literature that the opportunities are
linked to the relationship between Lean 4.0 and the efficient use of resources in
the agro-industrial environment. Based on the exposure, this paper intends to show
an agenda for future research linked to Lean 4.0 in the value co-creation in agro-
industrial services. We identified five topics for future research that are related
to Lean 4.0 for efficient resource use. © 2023 John Wiley & Sons Ltd.
Bonfanti, A., et al. (2023). "The contribution of manufacturing companies to the
achievement of sustainable development goals: An empirical analysis of the
operationalization of sustainable business models." Business Strategy and the
Environment 32(4): 2490-2508.
This study aims to identify the sustainable business practices
operationalized in the sustainable business models of manufacturing companies and
highlights these companies' contributions to achieving Sustainable Development
Goals (SDGs). The results outline that a clear sustainable value proposition is
operationalized through a large and various range of sustainable practices that,
although some of them are legally promoted, are mostly voluntarily adopted. Unlike
previous studies, this research shows a widespread commitment not only to the
economic and environmental dimensions of sustainability but also to the social one,
above all to promote workers' well-being, improve the workplaces, and engage the
employees. Furthermore, the study reveals an across-the-board dimension of
sustainability operationalized by the adoption of local embeddedness strategies,
networking development, and creation of a sustainable ecosystem and contributes to
extending—and improving all dimensions of—the triple bottom line framework.
Finally, the companies investigated contribute to the achievement of 11 of the 17
SDGs by highlighting dimensions in which companies already have a strong impact and
those in which they could enhance their practice. Based on these results, this
research advances theoretical knowledge and offers practical implications to
improve sustainable business management further. © 2022 The Authors. Business
Strategy and The Environment published by ERP Environment and John Wiley & Sons
Ltd.
Bootz, J. P., et al. (2022). "Possible changes of Industry 4.0 in 2030 in the face
of uberization: Results of a participatory and systemic foresight study."
Technological Forecasting and Social Change 184.
The transformations generated by Industry 4.0 (I4.0) are interwoven with
digitalization. I4.0 involves the digital turn of manufacturing companies, changing
the way they operate, their business models, and by extension, their interaction
with digital players. Nonetheless, the future of I4.0 regarding its interaction
with digital players and the phenomenon of uberization has scarcely been examined.
Thus, this research adopts a participatory and systemic foresight approach to
explore the trajectories of I4.0 in the face of uberization. The study was
conducted with a working group of 22 members from academia and practice. Four
scenarios and related action plans were produced. The results emphasize that
uberization is not necessarily a process to be endured by manufacturers, but it
could be chosen or even co-constructed with different actors if manufacturers
address key challenges such as rethinking their business models and adapting their
factors of production. The scenarios indicate the dynamics of uberization as
contingent on technological developments and on industrial policy choices, changes
in consumer behavior, and access to multiple funding sources. Finally, the study
provides practical implications regarding the dynamics of collaboration between
SMEs and large groups, on one hand, and between manufacturing companies and digital
players, on the other hand. © 2022 Elsevier Inc.
Bui, T. D., et al. (2020). "Challenges and Trends in Sustainable Corporate Finance:
A Bibliometric Systematic Review." Journal of Risk and Financial Management 13(11).
Sustainable corporate finance is an attractive field of study in
sustainability literature; however, the literature lacks systematic bibliometric
analysis that provides a comprehensive review to clarify state-of-the-art
sustainable corporate finance and that discusses new opportunities and potential
instructions for further studies. To address this gap, this study adopts a
literature review, bibliometric analysis, network analysis and co-wording technique
to systematically investigate the Scopus database. In total, 30 keywords listed at
least three times are used and are divided into six clusters considering six fields
of research, namely, corporate finance in corporate sustainability, sustainable
competitive advantages, sustainable stakeholder engagement, circular economy,
sustainable corporate finance innovation and risk management and sustainable supply
chain ethics. This study contributes to examining the sustainable corporate finance
bibliometric status to provide directions for future studies and practical
accomplishment. The sustainable corporate finance knowledge gaps are (1) corporate
finance in sustainability; (2) sustainable competitive advantages; (3) sustainable
stakeholder engagement; (4) circular economy; (5) sustainable corporate finance
innovation and risk management; and (6) sustainable supply chain ethics. The
knowledge gaps and future directions are also discussed. © 2020 by the authors.
Camilleri, M. A., et al. (2023). "Creating shared value through open innovation
approaches: Opportunities and challenges for corporate sustainability." Business
Strategy and the Environment 32(7): 4485-4502.
To date, few researchers have linked open innovation approaches with triple
bottom line corporate sustainability objectives in terms of economic, social, and
environmental performance. A systematic review suggests that the businesses'
collaborative relationships with external consultants or organizations can increase
their competitive advantage, as external stakeholders could assist them in the
development of sustainable innovations, diversification into different markets, and
in the generation of new revenue streams. At the same time, they can support them
in addressing numerous deficits in society. On the other hand, this contribution
implies that an organizational culture that promotes open innovation approaches
could expose practitioners to risks and uncertainties, like revealing sensitive
information to outsiders, among others. In reality, it may prove difficult for the
businesses to trust new partners, as they are not subject to their organizations'
codes of conduct, rules, and regulations. © 2023 The Authors. Business Strategy and
The Environment published by ERP Environment and John Wiley & Sons Ltd.
Cancela, B. L., et al. (2023). "Greening the business: How ambidextrous companies
succeed in green innovation through to sustainable development." Business Strategy
and the Environment 32(6): 3073-3087.
This paper seeks to investigate the impact of ambidexterity (exploration and
exploitation) on green product innovation and the success of new products through
the effects of sustainability, considering the moderating role of customer
pressure. This research proposes a theoretical model that was tested using
structural equation modelling (SEM) and a multigroup analysis to understand the
moderating role of customer pressure. A 23-item questionnaire was developed to
explore the proposed relationships, applied in two different moments, answered by
two other critical respondents from each company. At the end of the second
collection moment, 336 valid questionnaires were collected from a sample of
industrial SMEs in Portugal. The results show a positive influence of ambidexterity
on sustainability and, therefore, on new product success and green product
innovation. In addition, green product innovation increases the success of new
products due to the growing demand for more sustainable products. Furthermore, the
chain of effects between ambidexterity and further product success was strengthened
when customer pressure was higher. This study stresses the need to actively manage
exploration and exploitation investments to enhance ambidexterity, especially when
sustainability and green innovation are the expected outcomes. The originality of
this research is related to the contributions of hierarchical dynamic capabilities,
combining and balancing exploration and exploitation, to produce successful
ambidextrous companies in sustainability and green strategies. © 2022 The Authors.
Business Strategy and The Environment published by ERP Environment and John Wiley &
Sons Ltd.
Cappa, F. (2022). "Big data from customers and non-customers through crowdsourcing,
citizen science and crowdfunding." Journal of Knowledge Management 26(11): 308-323.
Purpose: The unprecedented growth in the volume, variety and velocity with
which data is generated and collected over the last decade has led to the spread of
big data phenomenon. Organizations have become increasingly involved in the
collection and analysis of big data to improve their performance. Whereas the focus
thus far has mainly been on big data collected from customers, the topic of how to
collect data also from those who are not yet customers has been overlooked. A
growing means of interacting with non-customers is through crowd-based phenomena,
which are therefore examined in this study as a way to further collect big data.
Therefore, this study aims to demonstrate the importance of jointly considering
these phenomena under the proposed framework. Design/methodology/approach: This
study seeks to demonstrate that organizations can collect big data from a crowd of
customers and non-customers through crowd-based phenomena such as crowdsourcing,
citizen science and crowdfunding. The conceptual analysis conducted in this study
produced an integrated framework through which companies can improve their
performance. Findings: Grounded in the resource-based view, this paper argues that
non-customers can constitute a valuable resource insofar as they can be an
additional source of big data when participating in crowd-based phenomena.
Companies can, in this way, further improve their performance. Originality/value:
This study advances scientific knowledge of big data and crowd-based phenomena by
providing an overview of how they can be jointly applied to further benefit
organizations. Moreover, the framework posited in this study is an endeavour to
stimulate further analyses of these topics and provide initial suggestions on how
organizations can jointly leverage crowd-based phenomena and big data. © 2022,
Francesco Cappa.
Castellani, P., et al. (2024). "Partner selection strategies of SMEs for reaching
the Sustainable Development Goals." REVIEW OF MANAGERIAL SCIENCE 18(5): 1317-1352.
The paper aims to investigate the characteristics of SMEs' partners that can
better contribute to the achievement of the SDGs. Given the explorative nature of
this research, a qualitative methodology is adopted, with a longitudinal case study
employed as the research method. The Wrad case study confirmed that SMEs can
contribute to the achievement of the SDGs by developing partnerships with multiple
stakeholders. In addition, this research revealed that the characteristics of the
SMEs' partners can be referred to the four following dimensions: economic,
environmental, social and purpose. Furthermore, it proposed that quality utility
value, technique level, profitability are the subdimensions of the economic
dimension and that resource consumption efficiency, pollution production, energy
efficiency, environment management system and environment equipment and facilities
are the subdimensions of the environmental dimension. This research expressed also
that public health, employee engagement, brand reputation and local communities'
influence are the subdimensions of the social dimension. Finally, it underlined
that sustainability-oriented awareness development, sustainable orientation,
sustainable collective culture, proactive managerial skills, organisational
learning and proactive and innovative leadership are the subdimensions of the
purpose dimension. In line with previous studies underlining the importance of
increasing the TBL dimensions, this study suggests a further extension of this
theory with the 'purpose' dimension. This study highlights the importance of
developing a vision supported by a social awareness of the problems that need to be
addressed and that transcend the fashion sector. Further researches could explore a
larger sample of SMEs operating in different businesses and the point of view of
the SME's partners.
Castellano, R., et al. (2022). "Exploring antecedents of innovations for small- and
medium-sized enterprises' environmental sustainability: An interpretative
framework." Business Strategy and the Environment 31(4): 1730-1748.
The need to pursue sustainable development has become a central topic in
Western countries due to citizens' greater sensitivity to improving environmental
and social conditions. Companies can reach this objective more easily through green
innovations, which are now considered a strategic opportunity that simultaneously
allows for adherence to sustainable development criteria and the pursuit of
competitive advantages. Scholars have identified the determinants that encourage
companies to adopt green innovations, but the outcomes of their investigations thus
far have often been ambiguous and contradictory. Our paper proposes an
interpretative framework for addressing such inconsistencies. Using the partial
least squares structural equation modelling (PLS-SEM) methodology, we validate this
framework on a sample of small- and medium-sized enterprises (SMEs) and show that
SMEs' choices are influenced by cultural elements and stimulated by the prospect of
obtaining economic advantages over competitors. SMEs also pay close attention to
stakeholder solicitations, while public administration does not affect their eco-
innovating choices. The results have policy implications for executives and
insiders. © 2022 The Authors. Business Strategy and The Environment published by
ERP Environment and John Wiley & Sons Ltd.
Chaudhary, S., et al. (2023). "Connecting the dots? Entrepreneurial ecosystems and
sustainable entrepreneurship as pathways to sustainability." Business Strategy and
the Environment 32(8): 5935-5951.
While the exponential growth of entrepreneurial ecosystem research has
dramatically increased our understanding of the role of context in entrepreneurial
outcomes, our knowledge of entrepreneurial ecosystems and environmentally
sustainable entrepreneurship is still fragmented. There is ambiguity on how
entrepreneurial ecosystems influence sustainable entrepreneurship and what factors
facilitate or constrain sustainable entrepreneurship. We attempt to take stock of
the extant scholarship on entrepreneurial ecosystems and synthesize studies
examining their linkages with sustainability. We systematically reviewed 77
articles identified in the World of Science and Scopus databases to discuss the
main themes. The content analysis uncovered four key themes: (a) how
entrepreneurial ecosystems become more sustainable, (b) the role of entrepreneurs,
(c) the role of universities, and (d) the outcomes of sustainable ecosystems. The
findings reveal that interactions between different actors, including customers,
suppliers, institutions, governments, and universities, can result in a sustainable
entrepreneurial ecosystem. The novelty of our study arises from integrating extant
studies on entrepreneurial ecosystem and sustainability in a systematic and
replicable manner. We observed heightened attention to the environmental challenges
in ecosystem literature and entrepreneurs' expanded roles in generating ecological
and social value. Future studies can further evaluate the effectiveness of
entrepreneurial ecosystems to examine whether creating an entrepreneurial ecosystem
has a similar value while achieving sustainable development goals across varied
contexts. © 2023 The Authors. Business Strategy and The Environment published by
ERP Environment and John Wiley & Sons Ltd.
Chaudhuri, A., et al. (2022). "Circular economy and digital capabilities of SMEs
for providing value to customers: Combined resource-based view and ambidexterity
perspective." JOURNAL OF BUSINESS RESEARCH 142: 32-44.
Some small and medium-sized enterprises (SMEs) are involved in recycling
plastic waste to produce innovative products. These SMEs have adopted digital
technologies, such as 3D printing and blockchain, to gain competitive advantage
from their circular economy (CE)-based business models. However, the specific
capabilities needed to create value for customers and to generate a competitive
advantage for such SMEs are not known. In this study, we conducted in-depth
interviews with four SMEs engaged in the CE to identify the specific resources and
capabilities needed to provide value to customers. Our findings reveal that SMEs
focusing on circular economy initiatives demonstrate exploitation and adaptive
capabilities in utilising their CE resources followed by exploration and adaptive
capabilities while implementing digital technologies. Our study extends the
resource-based view by combining it with ambidexterity to explain the role of
specific circular and digital resources and capabilities that SMEs need to provide
value to their customers.
Chen, Q., et al. (2023). "Selection bias of ideas for sustainability-oriented
innovation in internal crowdsourcing." Technovation 124.
Decision biases reinforce firms' tendency to develop innovations based on
narrow economic motivations. Consequently, sustainability-oriented ideas explicitly
targeting social and environmental issues are easily discarded in idea selection
when trade-offs between economic and sustainability values are faced. Given the so
far limited knowledge about how sustainability-oriented ideas are developed and
selected in organizations today, this research aims to explore how managerial
biases affect selection of sustainability-oriented ideas in internal crowdsourcing.
It does so through an empirical study drawing on data collected from a Swedish
multinational company using internal crowdsourcing for different types of
innovation ideas. The empirical study explicitly identifies sustainability-oriented
ideas based on machine learning and captures managerial biases for ideas based on
sentiment analysis. Regression analyses reveal that managerial biases potentially
affect the selection of sustainability-oriented ideas through the mediating role of
managerial attention in idea development. Furthermore, this mediating relationship
is moderated by search pattern in terms of directed search. The study contributes
to the literature on both innovation and sustainability, shedding new light on the
effects of managerial bias, managerial attention, and innovation search for
decision making and provides managerial implications enabling a fruitful adoption
of sustainability-oriented innovation ideas.
Chistov, V., et al. (2023). "Sustainability orientation and firm growth as ventures
mature." Business Strategy and the Environment 32(8): 5314-5331.
This article revisits the dilemma between sustainability orientation and a
firm's growth along the stages of the entrepreneurial process. We draw upon the
recent research on sustainable entrepreneurship to determine whether
entrepreneurial ventures can pursue sustainability objectives and still grow in
terms of turnover and employment. Based on the data of 2 370 firms, we conclude
that the relationship between sustainability orientation and a venture's growth is
not straightforward. The results show that the stage of the entrepreneurship life
cycle matters and that only the introduction of sustainability objectives in the
mature stage of the entrepreneurial process (rather than during the early stage)
significantly increases the likelihood of such ventures growing. We also find
empirical evidence against combining environmental and social dimensions under one
umbrella of sustainability, as each of these dimensions demonstrated distinctive
behavior in our models. While our results show the importance of innovation for the
firm's growth, it is not evident that it exerts any significant moderation effect
on the relationship between sustainability orientation and a venture's growth.
These findings provide insightful evidence for policymakers about the intrinsic
difficulty of reconciling sustainability and economic objectives at the early
stages of the process of entrepreneurship and also about the need to differentiate
the multiple meanings and forms of sustainability orientation. © 2023 The Authors.
Business Strategy and The Environment published by ERP Environment and John Wiley &
Sons Ltd.
Colucci, M. and A. Vecchi (2021). "Close the loop: Evidence on the implementation
of the circular economy from the Italian fashion industry." Business Strategy and
the Environment 30(2): 856-873.
Fashion is widely considered as one of the most polluting and destructive
industries to the environment and is a resource-intensive industry in which
opportunities to reduce environmental impacts abound. By relying on an exploratory
approach, this paper features an investigation into the circular economy (CE)
practices of four purposefully selected Italian fashion companies. The study
endorses the overlooked perspective of the product lifecycle (vis-à-vis the
business model perspective), consistent with the key principles of the CE, to
provide a comprehensive picture of CE practices implemented. This study engages
with the current debate on the relationship between the concepts of sustainability
and CE, supporting the idea that there is a beneficial relation between the two.
The analysis shows the emergence of categories of CE-related practices as well as
CE implementation challenges. The study also provides granular insights into the
nature of these challenges that hinder the implementation of CE and demonstrates
how they can be turned into sources of competitive advantage. Drawing on this
emblematic evidence, we develop a set of theoretical and managerial implications. ©
2020 ERP Environment and John Wiley & Sons Ltd.
Corazza, L., et al. (2022). "The enabling role of formalized corporate networks to
drive small and medium-sized enterprises toward sustainability." Business Strategy
and the Environment 31(1): 545-558.
The global economy's transition toward more sustainable development models is
undoubtedly grounded on small and medium-sized enterprises (SMEs). However, SMEs,
individual entrepreneurs, and microenterprises have always encountered barriers to
implementing social responsibility and sustainability concepts. The paper
investigates the enabling role of formalized corporate networks to drive SMEs
toward sustainable behaviors. A quantitative nonlinear regression approach is
applied to a content analysis of a sample of network contracts coded. The content
analysis is applied to analyze the declared objectives, the purpose of the
contract, and sustainability areas. An ordered logistic regression is applied on
variables related to the behavior of SMEs before entering in the contract and post-
adhesion phases. Data demonstrates how networks of SMEs can be used as enabling
factors to boost sustainability among them. Specifically, the study is based on a
sample of 96 formalized network contracts (FNCs), including 1486 Italian SMEs in
that sustainability-oriented networks. It offers an evidence-based perspective on
how networks of companies can play a fundamental role in the development of
policies aimed at bringing small companies closer to the concept of sustainability
(such as eco-innovations, eco-efficiency, environmental performance, and social
innovations, among others) and its practical implementation. This paper has two
significant strengths. The first is that it uses as a sample a set of 1486
companies, including individual entrepreneurs and microenterprises, whose data are
usually difficult to collect. The second is that it demonstrates the efficacy of a
contractual form that could be scalable to different countries. © 2021 The Authors.
Business Strategy and The Environment published by ERP Environment and John Wiley &
Sons Ltd.
D’Adamo, I., et al. (2023). "The Role of Automotive Flexibility in Supporting the
Diffusion of Sustainable Mobility Initiatives: A Stakeholder Attitudes Assessment."
Global Journal of Flexible Systems Management 24(3): 459-481.
Even if the European Commission is acting against the climate change,
greenhouse gas emissions are still increasing in the transport sector. In this
scenario, the flexibility characterizing the automotive sectors could invert this
negative trend. The goal of this work is identifying suitable methodologies to
evaluate flexible initiatives in automotive contexts, with a specific focus on
sustainable mobility and electric vehicles (EVs). The results show that
stakeholders identify purchase price as a determinant in the choice to purchase an
EV, while for a model toward a sustainable e-mobility transition, experts place
emphasis on renewable energy production and consumers on charging stations. A
flexible approach in policy choices is also suggested in order to foster a
pragmatic sustainability model in which the deployment of EVs is accompanied by
green and circular practices. However, such change also requires attention to be
paid to the social sphere with job creation and a spread of consumer knowledge
toward sustainable choices. © 2023, The Author(s).
Dadsena, K. K., et al. (2024). "Overcoming strategies for supply chain digitization
barriers: Implications for sustainable development goals." Business Strategy and
the Environment 33(5): 3887-3910.
This paper examines barriers to supply chain digitization (SCD) and offers
mitigation strategies, focusing on sustainable development goals (SDGs),
technological adoption, and financial constraints. A hybrid research approach,
combining qualitative and quantitative methods, has been used to analyze
significant SCD barriers and strategies under budget constraints. According to the
findings, “lack of proper research and development facility” is the most
influential barrier to SCD. The overcoming strategies are then ranked by how likely
they are to be implemented in response to barriers. From a sustainability
perspective, “improving privacy and security” is identified as the most important
strategy. Further, a mathematical model is developed to facilitate investment-
related decision-making by determining the most suitable overcoming strategies
under budget constraints. The proposed mathematical model is evaluated across a
range of investments and for a set of overcoming strategies within a given
scenario. The findings demonstrate that optimal investments of $1.78 million can
cover the top two overcoming strategies for implementation. Furthermore, the
results indicate that a minimum investment of $1.9 million is required to adopt all
10 overcoming strategies. © 2024 The Authors. Business Strategy and The Environment
published by ERP Environment and John Wiley & Sons Ltd.
D'Angelo, V., et al. (2023). "Green manufacturing for sustainable development: The
positive effects of green activities, green investments, and non-green products on
economic performance." BUSINESS STRATEGY AND THE ENVIRONMENT 32(4): 1900-1913.
This article explores the impact of green manufacturing practices,
disentangled in green activities, green investments, and the type of product made,
on the economic performance of firms. Using survey data collected by European
Commission from European small- and medium-sized enterprises (SMEs), we adopt the
self-determination theory to investigate the extent to which the number of green
activities, green investments, and type of product made affects a firm's economic
performance. We argue that consumers are affected by firms' green manufacturing
practices in response to the pressing environmental issues affecting our era. Our
results reveal that while the number of green activities has a positive effect on
economic performance, the amount of green manufacturing investments has an inverted
U-shaped relationship to economic performance and that this effect is positively
moderated if a company also sells non-green products. Our study contributes to the
literature on green manufacturing by dissecting the effect of green manufacturing
practices on a company's economic performance. Our findings also provide managers
with advice on the right balance of green practices that most benefit their
companies.
De Angelis, R., et al. (2023). "Open strategy and dynamic capabilities: A framework
for circular economy business models research." Business Strategy and the
Environment 32(7): 4861-4873.
The circular economy has attracted the interest of business leaders, policy
makers and academics alike for its potential to contribute to a more resilient,
prosperous and resource-efficient economy. The transition towards a circular
economy requires new business models that challenge the linear logic of value
creation that is still endemic across most industries. In turn, the transition from
linear to circular business models involves the rethinking of strategic decision-
making processes and the development of new organisational capabilities. This paper
addresses these important strategic implications of the emergence and
implementation of circular business models. Coupling business models with open
strategy and dynamic capabilities, we develop a “three-pronged” strategy framework
that advances the emerging field of circular business model research. Our
contribution is crystallised into a series of propositions and future research
questions for scholars working at the intersection of the circular economy and the
strategy literature. © 2023 The Authors. Business Strategy and The Environment
published by ERP Environment and John Wiley & Sons Ltd.
Dey, P. K., et al. (2022). "Adoption of circular economy practices in small and
medium-sized enterprises: Evidence from Europe." International Journal of
Production Economics 248.
Circular Economy (CE) practices have the potential to enhance sustainability
performance of organisations and therefore can help respond to United Nations
Sustainability Development Goals. The aim of this research is to examine the
adoption of CE in Euroepan small and medium sized enterprises (SMEs) and its impact
on sustainability performance. We analyse the current state of CE practices and its
impact on sustainability performance across key CE fields of action (design,
procurement, production, distribution, consumption and recover) for SMEs in France,
Greece, Spain and the UK A mixed-methods approach (survey, interviews, case
studies) is undertaken to collect data from around 100 SMEs in each country,
employing resource-based view as the theoretical lens. Our findings reveal that CE
adoption can result into superior environmental performance through energy and
resource efficiency, and waste reduction. Moreover, the ‘design’ function
contributes the most towards the adoption of CE in SMEs, whereas the ‘recover’
function contributes the least, considering the current state-of-practices. From a
theoretical perspective, we outline the issues and challenges, impact of support
from customers and policymakers, and self-motivation of SMEs to adopt CE. Based on
the findings, we propose an implementation framework for SMEs to develop
organisation wide strategic initiatives for CE adoption in business operations. ©
2022 The Authors
Dey, P. K., et al. (2020). "Circular economy to enhance sustainability of small and
medium-sized enterprises." Business Strategy and the Environment 29(6): 2145-2169.
The circular economy (CE) represents a major paradigm shift of moving from
the concepts of linear to circular supply chains across multiple industries.
Although some aspects of CE adoption within industrial supply chains have been
researched extensively (particularly addressing challenges of design,
implementation, and operations), the research that relates CE practices with
sustainability performance to reveal the current state of CE practices within small
and medium-sized enterprises (SMEs) is scant. The aim of this research was to
facilitate SMEs to achieve greater sustainability through CE implementation. This
research addresses three research questions—How are CE fields of action related to
sustainability performance? What are the issues, challenges, and opportunities of
adopting CE in SMEs? And what key strategies, resources, and competences facilitate
effective implementation of CE in SMEs? This study adopts a mixed method approach
(qualitative and quantitative) using survey research, focus group, and case
studies; 130 randomly selected SMEs within the Midlands of the United Kingdom have
been surveyed, and the responses are analysed using statistical tools along with
findings from focus groups and case studies. The study reveals that all CE fields
of action (take, make, distribute, use, and recover) of SMEs are correlated to
economic performance, but only make and use are related to environmental and social
performance. The study further derives strategies, resources, and competences for
achieving sustainability across all the CE field of actions. Additionally, this
research reveals the issues and challenges, strategies, resources, and competences
required for implementing CE in SMEs. © 2020 ERP Environment and John Wiley & Sons
Ltd
Dey, P. K., et al. (2020). "The Impact of Lean Management Practices and
Sustainably-Oriented Innovation on Sustainability Performance of Small and Medium-
Sized Enterprises: Empirical Evidence from the UK." BRITISH JOURNAL OF MANAGEMENT
31(1): 141-161.
While lean management practices (LMP) help small and medium-sized enterprises
(SMEs) to be efficient, sustainability-oriented innovation (SOI) facilitates
adopting environmental and social practices. Although prior research looks into the
effect of LMP on the economic performance (EP) of SMEs, less is known about the
effect of LMP on sustainability (economic, environmental and social) performance.
Studies on the effect of SOI on sustainability and economic performance are also
scant. Additionally, examining the mediating effect of corporate social
responsibility (CSR) practices (environmental and social practices) on both LMP and
SOI achieving sustainability performance (SP) is rare. This research bridges these
knowledge gaps by answering the question of how LMP, SOI, CSR practices,
sustainability and economic performance are correlated. Through hypothesis testing
using structural equation modelling, this study reveals the impact of LMP, SOI, CSR
(environmental and social) practices on sustainability and economic performance.
The study uses data from 119 SMEs within manufacturing industries in the Midlands,
UK. The analysis reveals that LMP and SOI facilitate achieving both sustainability
and economic performance, and SOI mediates LMP to achieve sustainability
performance. Additionally, although CSR practices mediate LMP to achieve
sustainability performance, they only borderline mediate SOI to achieve
sustainability performance.
Dias Lopes, J., et al. (2023). "Industry 4.0, multinationals, and sustainable
development: A bibliometric analysis." Journal of Cleaner Production 413.
The concept of Industry 4.0 develops from a technological base - a set of
technologies with a profoundly transformative character. The development of the
concept from an essentially manufacturing base to other domains - Services 4.0,
Government 4.0, Tourism 4.0, etc. - tells us that the concept is now much broader
in scope and has much broader transformative potential, both from an economic,
social and an environmental sustainability point of view. In this context,
multinationals may play a very important role, as these companies are considered to
play a key role in promoting sustainable development. This study seeks to
understand whether there is evidence that multinationals are playing this role by
analyzing the literature published on Industry 4.0 and seeking to identify in the
literature which is published on multinationals a bias towards a greater focus on
environmental and social issues. The study conducted does not confirm this bias.
The study shows that environmental and social issues are modestly present in the
literature/research about Industry 4.0 but are no longer present in the specific
literature on multinationals. The study thus challenges us to develop and implement
research agendas on the topic and mobilize academia towards research in this
domain. Such reorientation of research will be determinant to accelerate the
implementation processes of Industry 4.0, exploring in an integrated way its
transformative potential in the economic and technological dimensions, but also
environmental and social. © 2023 The Authors
Dohale, V., et al. (2024). "An integrated MCDM-ML approach for predicting the
carbon neutrality index in manufacturing supply chains." Technological Forecasting
and Social Change 201.
Organizations across the globe are devising novel approaches to strive for
carbon neutrality. Global institutions have manifested the critical need to develop
reasonable strategies in every sector to mitigate the impending issues of excessive
anthropogenic carbon emission and, in consequence, climate change. World-leading
economies have initiated significant steps by developing zero-carbon emission
policies to monitor the escalating carbon emissions to curb global warming. The
clothing industry has a substantial carbon footprint while causing environmental
pollution. Based on transition management theory, this study aims to explore and
evaluate the critical determinants that can assist in pursuing carbon neutrality in
the clothing industry. A decision support system comprising an integrated voting
analytical hierarchy process (VAHP) and Bayesian network (BN) method fulfills our
purpose. Pertinent literature is reviewed to determine the critical determinants
for carbon neutrality (CDs-CN). After that, the VAHP method is employed to
prioritize the CDs-CN. Further, the influence of CDs-CN on achieving carbon
neutrality is modeled using a BN, predicting the carbon neutrality index (CNI) for
the clothing industry. The findings reveal that professional expertise, laws and
certifications, technological acceptance, availability of decarbonizing methods,
and adequate carbon offsetting are the essential CDs-CN. This research extends the
existing knowledge on integrating MCDM-ML techniques to address predictive
modelling-based problems involving complex structures. Simultaneously, the present
study helps practitioners and policymakers understand the key CDs-CN to
successfully build and manage a carbon-neutral clothing industry by adopting the
suggested strategies. Finally, recommendations concerning sustainable development
goals (SDGs) are provided to achieve carbon-neutral manufacturing supply chains. ©
2024 The Authors
Doni, F. and M. Fiameni (2024). "Can innovation affect the relationship between
Environmental, Social, and Governance issues and financial performance? Empirical
evidence from the STOXX200 index." Business Strategy and the Environment 33(2):
546-574.
Innovation represents one of the most important drivers in the business
context. Drawing upon the research on corporate social responsibility (CSR), shared
value, and innovation, this paper aims to analyze the relationship between
Environmental, Social, and Governance (ESG, a form of CSR) sustainability policies
and corporate financial performance (CFP) by investigating the mediating role of
Innovation (i.e., investment in research and development, R&D). Our sample
comprises 148 European companies belonging to the Euro Stoxx index in the period
2009–2014. For high-innovation companies (HICs), we find positive relationships
between some Social (S) issues and CFP and weaker linkages between Environmental
(E) indicators and CFP. In contrast, Governance (G) issues (i.e., issues related to
board structure and board function) negatively influence CFP. In contrast, for
medium-innovation companies (MICs), these relationships are absent and low-
innovation companies (LICs) show negative relationships. Adopting reporting
frameworks or guidelines affects CFP only in HIC. We introduce an original
interpretative model, which identifies innovation (R&D) as the main driver in
corporate sustainability, particularly in light of Social issues related to the
production of a good or service. In terms of managerial implications, we identify
three key factors for effectively embedding ESG in organizations' policies:
investment in product innovation, compliance with environmental regulations, and
corporate choices on brands and channels of external communication. © 2023 The
Authors. Business Strategy and The Environment published by ERP Environment and
John Wiley & Sons Ltd.
Donis, S., et al. (2023). "Economic complexity, property rights and the judicial
system as drivers of eco-innovations: An analysis of OECD countries." Technovation
128.
Rising global temperatures and the increase in natural disasters in recent
years have raised concerns regarding the sustainability of economic activity. In
this context, eco-innovation has become increasingly important. Nevertheless,
countries are heterogeneous in terms of their eco-innovation production. Our study
contributes to the understanding of the drivers of eco-innovation by analyzing the
determinants of green patent production at the country level. We focus on the
specific characteristics of green innovations, namely their complexity and
appropriability problem, and explain how these characteristics affect firms’
incentives to produce green innovations. We then select three external dimensions
related to these characteristics and examine how they affect the number of green
patents produced. These three dimensions are economic complexity, protection of
property rights, and effectiveness of the judicial system. Using the Furman et al.
(2001) model as a starting point, this study focuses on green patent production in
OECD countries for the period 2007–2016. The results show that economic complexity
and intellectual property rights are key determinants of green patent production. ©
2023 The Authors
Dubey, R., et al. (2022). "How frugal innovation shape global sustainable supply
chains during the pandemic crisis: lessons from the COVID-19." Supply Chain
Management 27(2): 295-311.
Purpose: The COVID-19 crisis has created enormous strain in global supply
chains. The disruption has caused severe shortages of critical items, including
personal protective equipment (e.g. face masks), ventilators and diagnostics. The
failure of the industry to meet the sudden demand for these necessary items has
caused a severe humanitarian crisis. These situations, resulting from the COVID-19,
crisis have led to the informal growth of frugal innovation in sustainable global
supply chains. This paper aims to provide a detailed overview of drivers of frugal-
oriented sustainable global supply chains, following lessons acquired from emerging
countries’ attempts to deal with the COVID-19 pandemic.
Design/methodology/approach: The authors used a focused group approach to identify
the drivers and this paper further validated them using existing literature
published in international peer-reviewed journals and reports. The authors adopted
total interpretive structural modeling (TISM) to analyze the complex relationships
among identified drivers. Findings: The authors present a theoretical framework to
explain how the drivers are interlinked. This paper has developed the framework
through a synthesis of the TISM modeling and Matrice d’impacts croisés
multiplication appliquée á un classment analysis. This paper observed that
government financial support, policies and regulations, under the mediating effect
of leadership and the moderating effect of national culture and international rules
and regulations, has a significant effect on the adoption of emerging technology,
volunteering initiatives and values and ethics. Further, emerging technology,
volunteering initiative and values and ethics have a significant effect on supply
chain talent and frugal engineering. These results provide some useful theoretical
insights that may help in further investigating the role of frugal innovations in
other contexts. Originality/value: The authors find that outcomes of the methodical
contributions and the resulting managerial insights can be categorized into four
levels. Industry and researchers alike can use the study to develop the decision-
support systems guiding frugal-oriented sustainable global supply chains amid the
COVID-19 pandemic and in recovering them thereafter. Suggestions for future
research directions are offered and discussed. © 2021, Emerald Publishing Limited.
Dzhengiz, T., et al. (2024). "The Role of Partnership Portfolios for Sustainability
in Addressing the Stability-Change Paradox: Dong/Orsted's Transition From Fossil
Fuels to Renewables." BUSINESS & SOCIETY 63(7): 1518-1557.
This article investigates how firms address the stability-change paradox
inherent in sustainability transitions through the maintenance and utilization of a
portfolio of sustainability-oriented partnerships. Drawing on a retrospective case
study of Dong/orsted, a Danish energy company, we demonstrate the varying
manifestations of the stability-change paradox during different phases of the
company's transition, influenced by both exogenous and endogenous factors.
Furthermore, our findings reveal how Dong/orsted employed their partnership
portfolio to implement diverse responses to manage the paradox. Based on these
findings, we argue that partnership portfolios can serve as spatiotemporal pockets,
enabling organizations to effectively address and leverage the temporal and spatial
aspects inherent in sustainability paradoxes. In addition, we highlight how
partnership portfolios facilitate sustainability transitions by creating and
leveraging different forms of collaborative value.
Elf, P., et al. (2022). "Advancing the circular economy through dynamic
capabilities and extended customer engagement: Insights from small sustainable
fashion enterprises in the UK." BUSINESS STRATEGY AND THE ENVIRONMENT 31(6): 2682-
2699.
The circular economy holds the potential to significantly reduce resource
use. However, attempts to fully utilize its potential have fallen short so far.
Based on a longitudinal interview-based study, we examine how micro, small and
medium enterprises (MSMEs) in the UK fashion industry advance the circular economy
(CE). Whereas the dynamic capabilities framework is mostly used for medium and
large businesses, our findings advance the current literature, demonstrating how
the distinctive development and use of dynamic capabilities enable MSMEs to act in
agile ways, allowing them to introduce, test and advance CE solutions, while
providing them with more resilience during times of crises. Our study further shows
that fashion MSMEs adopt circular economy business models (CEBMs) by going beyond
conventional, technology-focused approaches currently dominating business thinking.
The research highlights MSMEs' ability to engage in circular practices through an
extension of existing business models in the form of close interactions with their
customers demonstrating the importance and potential of extended business-customer
engagement in businesses' attempts to adopt CE practices.
Estensoro, M., et al. (2022). "A resource-based view on SMEs regarding the
transition to more sophisticated stages of industry 4.0." EUROPEAN MANAGEMENT
JOURNAL 40(5): 778-792.
The integration of small and medium-sized enterprises (SMEs) within the
concept Industry 4.0 represents one of its main challenges, as they play a vital
part in industrial value chains that shall be digitized from suppliers to the end
customer. However, what the implementation stages for Industry 4.0 in SMEs should
be as well as the respective resources for achieving the next stage are scarcely
understood. In response, this paper proposes a framework using a resource-based
review for Industry 4.0 implementation according to the stage of development in
SMEs, created between researchers, policy makers, and 354 manufacturing SMEs in the
province of Gipuzkoa (Basque Country, Spain). The paper applies a mixed-method
approach, combining qualitative (interviews) and quantitative elements (survey
data). The results are used to develop a model with four stages of SMEs that are
characterized by having distinct preconditions and conditions for Industry 4.0.
Thereupon, the required measures to achieve the next stage of Industry 4.0
implementation are derived. This highlights Industry 4.0 for SMEs as a process with
different stages toward achieving sustainable competitive advantage and offering
insight into how the different resources operate. The high importance and advanced
position regarding industrial value creation and SMEs in Gipuzkoa allows to
generalize and transfer the findings to other European regions.
Fazal-e-Hasan, S. M., et al. (2023). "The role of green innovation and hope in
employee retention." Business Strategy and the Environment 32(1): 220-239.
Green innovation is increasingly receiving attention in organisational
behaviour and strategic management literature. However, understanding employee's
preferences for organisations that have adopted innovative environmental practices
have received little attention. This study tests a framework that examines the
relationship between employees' preferences for innovative green organisations,
hope, and intentions to stay. Data were collected from 403 employees in Australia.
Results show that employees' preferences for green innovation drive the emotional
state of employee hope, which has a positive effect on employees' intentions to
stay with the organisation. This study offers implications for academics and
managers, advancing the literature on green innovation, recruitment, retention, and
organisational behaviour. © 2022 The Authors. Business Strategy and The Environment
published by ERP Environment and John Wiley & Sons Ltd.
Ferasso, M., et al. (2020). "Circular economy business models: The state of
research and avenues ahead." Business Strategy and the Environment 29(8): 3006-
3024.
This study investigates how the circular economy and business models are
related in the current business and management literature. Based on bibliometric
analytical procedures, 253 articles were retrieved from the Scopus, Web of Science,
and ScienceDirect scientific databases. The articles were analyzed according to
network analysis principles, and key terms were mapped into a network. We used
VOSviewer to build the network, explore the most-researched terms and their
relationships, and identify less-explored terms and research gaps. We furthermore
conducted a qualitative review of selected publications to provide an illustration
of quantitative results and delve deeper into the research topics. The main
findings revealed the networks of current topics as they appear in the publications
such as business models, the circular economy, circular business models, value,
supply chain, transition, resource, waste, and reuse, and their most prevalent
relationships. The results also highlighted several emerging topics such as those
connected with managerial, supply-side, demand-side, networking, performance, and
contextual considerations of circular business models. © 2020 The Authors. Business
Strategy and The Environment published by ERP Environment and John Wiley & Sons Ltd
Fernández-Muñiz, N., et al. (2024). "Breaking down barriers: The adoption of eco-
innovation by SMEs and the influence of personality traits." BUSINESS STRATEGY AND
THE ENVIRONMENT.
The role played by leaders in the adoption of eco-innovations (EIs) by small
and medium enterprises (SMEs) is crucial, but there is still little evidence
regarding the influence of leaders on EIs. Despite the extensive literature on EI,
studies that empirically evaluate the association between the role of SME leaders
(CEOs, top managers, and board members) on the delimitation of the barriers to EI
are lacking. The relationship between combinations of leader personality traits and
the adoption of EI from a sensemaking perspective is examined to address this
research gap. In addition, fsQCA analysis was applied. The responses of 40 SME
leaders revealed that configurations involving barriers and personal traits have
led to several solutions in which conscientiousness, openness, and either the
presence or negation of neuroticism by SME managers were relevant. Moreover, the
offset between financial barriers and the lack of public funding for EIs emerges in
all eco-innovative success solutions. These results show that different
combinations of personality traits interact with different EI barriers. Therefore,
the obstacles to EI depend on the interpretations of the leader rather than being
one-size-fits-all. Based on sensemaking theory, as taken from organizational
studies and the literature on microfoundations, these findings enhance our
understanding of the influence of individual-level psychological traits on EI
adoption. Furthermore, practical implications are presented for SMEs with the goal
of adopting sustainable innovative strategies.
Fiorentino, R., et al. (2020). "How smart technologies can support sustainable
business models: insights from an air navigation service provider." Management
Decision 58(8): 1715-1736.
Purpose: Although research on smart technologies explains their critical
importance in sustainable business models (SBMs) (Mikalef et al., 2017), it remains
unclear how organisations can embrace smart technologies to create and/or improve
their sustainable business models. The purpose of this paper is to unravel and
address the challenges of smart technologies to build and maintain a sustainable
business model for organisations. Design/methodology/approach: The research
develops an empirical analysis through a case study approach. We have investigated
the case of ENAV – an Italian air navigation service provider – and how this firm
uses smart technologies in the creation of its successful SBM. After constructing a
basic theory, the authors moved to evidence collection. The data analysis has
adopted a qualitative approach based on a thematic analysis of the transcripts and
related documents. Findings: The findings from the case study support the idea that
the business value and the strategic relevance of smart technologies still remain
largely underestimated in SBM adoption (Mikalef et al., 2017). Case study findings
suggest that until today smart technologies have played a minimal role in SBM
adoption. However, the smart technologies show the potential to inform the SBM
adoption process by contributing to corporate communication for external
stakeholders and to the main dimensions of SBMs such as safety and security or the
respect for social and environmental criteria in the supply chain. Practical
implications: This study seeks to support organisations and their directors to
build and improve sustainable business models through smart technologies to
maintain their competitive advantages. Specifically, our findings suggest that
smart technologies can help organisations bridge the design–implementation gap of
sustainable business models. Originality/value: This research advances our
understanding of the role of smart technologies by explaining how they can enhance
sustainable business model adoption. Indeed, we offer a comprehensive view of the
integration of insights from three different but related literature streams such as
sustainability strategies, smart technologies and change management studies. ©
2020, Emerald Publishing Limited.
Gajanayake, A., et al. (2024). "Motivations and drivers for adopting sustainability
and circular business strategies in businesses in Victoria." CORPORATE SOCIAL
RESPONSIBILITY AND ENVIRONMENTAL MANAGEMENT 31(1): 169-179.
With the need to transition to a Circular Economy being highlighted at
government and industry level, business research has focused on how firms
incorporate circular business practices. However, there is a lack of research on
what motivates and drives businesses to implement environmental and CE practices,
specially from an Australian context. This research aims to understand what factors
drive and motivate businesses to implement sustainability practices, using a survey
distributed among businesses operating in Victoria, Australia. The results show
that the major motivation for businesses to implement actions was the belief of
doing the right thing. Although financial returns were not considered a major
driver, the results reveal that firms may not implement environmental activities if
it is not financially viable. The responses also illustrate that understanding of
CE-related terminology within businesses were low, and that this could be a result
of common terms used within the Australian context. Improving the ethical and moral
conscience of business decision makers and incorporating wider CE actions into the
general concept of doing the right thing could increase businesses implementing CE
practices more broadly.
Galdos-Urbizu, L., et al. (2024). "The impact of green supply chain management on
corporate environmental performance and the moderating roles: A meta-analysis."
Business Strategy and Development 7(1).
The adoption of Green Supply Chain Management (GSCM) and its impact on firm's
performance is gaining importance in both academic and corporate fields. While past
studies found a positive relationship between GSCM and Corporate Environmental
Performance (CEP), there is no evidence of either which are the green practices
that improve CEP the most or the moderating roles that affect such relationship. In
order to provide clarity as to which tools are key in leading to a stronger CEP,
this study aims to examine how GSCM relates to CEP, under the effect of several
moderating roles. To that end, 166 articles published between 2001 and 2023 were
included in our meta-analysis sample. Our central results reveal that the link
between the variables is significantly positive, with investment recovery being the
practice with the strongest impact. Moreover, it is confirmed that moderators do
have an impact in this relationship. Practical implications are relevant for policy
makers and upper management that is willing to introduce environmental thinking in
their business strategy. © 2024 The Authors. Business Strategy and Development
published by ERP Environment and John Wiley & Sons Ltd.
Gennari, F. and E. Bocchi (2023). "The dark side of the circular economy: The value
uncaptured in bioeconomy business models." Problems and Perspectives in Management
21(4): 515-531.
The bioeconomy, grounded in the shift from fossils to bio-based resources,
plays an important role in the Net Zero 2050 scenario. However, even if rooted in
circular thinking, bioeconomy business models are not free from environmental,
social, and economic concerns. This paper deals with the causes of the
unsustainability of business models in the biofuels sector, embracing an
unconventional approach that focuses on the uncaptured value. The value uncaptured
is the negative aspect of value, and it consists of creating too much or not enough
value during the product lifecycle. Value uncaptured can threaten the
sustainability of circular business models, which is why it constitutes the ‘dark
side’ of circular strategies. Starting from a gap in the existing literature and
supported by theoretical background, this study aims to suggest a theoretical
framework to identify the causes of the negative value in the biofuel sector. The
paper uses a qualitative tool, namely a case study analysis. The findings reveal
that circular business models can suffer from value uncaptured, which can take the
form of value absence, value destroyed, value surplus, and value missed.
Identifying these forms of value can transform them into opportunities for value
creation. These results enrich the research on the circular economy with a new and
unconventional approach. The elaborated theoretical framework can become a
qualitative tool to identify what causes companies’ circular business models to
underperform. © Francesca Gennari, Edoardo Bocchi, 2023.
Ghobakhloo, M., et al. (2023). "Actions and approaches for enabling Industry 5.0-
driven sustainable industrial transformation: A strategy roadmap." Corporate Social
Responsibility and Environmental Management 30(3): 1473-1494.
Although Industry 4.0 was believed to promote sustainable development, it has
ignored or misunderstood many prevailing sustainability concerns, which led to the
emergence of the Industry 5.0 agenda. While the desirable sustainability values of
Industry 5.0 are widely acknowledged, the knowledge of how this agenda can deliver
sustainable transformation is lacking. The present study addresses this knowledge
gap, explaining how Industry 5.0 transformation should be managed to facilitate
sustainable development. Therefore, this study strives to model the underlying
mechanism for enabling such transformation. The study conducted a content-centric
review of the literature and identified 11 actions and approaches that serve as
enablers of Industry 5.0 transformation. The study further conducted the
interpretive structural modeling and structured the enablers as an interpretive
model explaining steps needed for enabling Industry 5.0. Finally, the study
developed the strategy roadmap for enabling Industry 5.0 transformation and
sustainable development. Results emphasized stakeholder salience, highlighting the
enabling role of stakeholder integration and collaboration in Industry 5.0
transformation. Proactive governmental support is the most driving enabler of
Industry 5.0, whereas eco-innovation and sustainable value network reformation are
among the most complex and hard-to-develop enablers. Results offer several
implications for policymakers and practitioners, explaining the functionality of
each approach and strategy necessary for Industry 5.0 transformation. The roadmap
determines the sequential relationships among these approaches and strategies and
identifies their optimal development sequence for enabling Industry 5.0
transformation synergistically. Results further identify the codependences among
the Industry 5.0 transition enablers and highlight their interactions and
complementarities. © 2022 The Authors. Corporate Social Responsibility and
Environmental Management published by ERP Environment and John Wiley & Sons Ltd.
Ghosh, S., et al. (2022). "Exploring the influence of critical parameters on green
supply chain management performance of small and medium-sized enterprise: An
integrated multivariate analysis-robust design approach." Cleaner Logistics and
Supply Chain 4.
The implementation of green supply chain management (GSCM) practices is still
in its rudimentary stage in small and medium-sized enterprises (SMEs) of emerging
economies. So far, too little research has shown clear empirical evidence on the
actual impact of various parameters on GSCM performance of SMEs. In order to fill
this knowledge gap, this research attempts to identify the critical GSCM parameter
and quantitively measure its influence on the GSCM performance of an India-based
SME. To this end, twenty important GSCM parameters are identified from an extant
literature and verified by the experts. Data is collected through questionnaire
development, expert committee formation, and conducting interviews. This research
employs an integrated multivariate analysis-robust design approach, in which item
analysis is used to check the consistency of the data and principal component
analysis (PCA) is used to determine the weights of the parameters. The Taguchi's L9
orthogonal array analysis is used in which, qualitative data, quantitative data,
and attitude of decision maker are taken as input parameters and a GSCM performance
index is taken as a response parameter. The result reveals that, ‘Use of emission
control system’ is the most critical GSCM parameter and the optimal combination of
input parameters are: use of the emission control system (0.08); total carbon
emission (0.37); attitude of decision maker (0.6), and the corresponding GSCM
performance index is 0.196. The proposed framework may help decision makers
identify and control a set of influential parameters for the best GSCM performance.
© 2022 The Author(s)
Gil-Lamata, M., et al. (2024). "Does digitalization foster the path to a circular
economy? An exploratory analysis of European Union countries." Corporate Social
Responsibility and Environmental Management 31(2): 1239-1253.
European Union (EU) governments are placing intensified stress on both the
development of the circular economy (CE) and digital performance. In spite of the
strategic and economic relevance of these two scientific fields, there is a lack of
evidence regarding their mutual effects and implications. We tackle this gap by
analysing how digitalization favours the path towards the CE across EU member
states. Firstly, a cluster analysis was conducted to identify groups of EU
countries depending on circular behaviour, resulting in the Generators, Recyclers,
Achievers, Innovators classification. Subsequently, an analysis of variance was
performed to examine how the groups were influenced by the different contexts of
digitization. This has allowed us to detect that the digitalization variables of
human capital, integration of digital technology and digital public services, are
key drivers of variability in the CE. Moreover, we have found that countries with
similar circular behaviour share similar levels of digitalization variables. © 2023
The Authors. Corporate Social Responsibility and Environmental Management published
by ERP Environment and John Wiley & Sons Ltd.
Govindan, K., et al. (2021). "Structural model for analysis of key performance
indicators for sustainable manufacturer–supplier collaboration: A grey-decision-
making trial and evaluation laboratory-based approach." Business Strategy and the
Environment 30(4): 1702-1722.
With growing competition in the market and dire need for sustainability, it
has become imperative for companies to build long-term relationship with their
supply chain partners through sustainable collaboration. Among these, the supplier–
manufacturer relationship is crucial for improved organizational, business and
sustainable performance. Sustainable collaboration with suppliers involves crucial
decision-making processes such as continuous supplier monitoring and supplier
development. Hence, a critical challenge that a company faces is to identify the
key performance indicators (KPIs) for assessing the performance of a supplier for
sustainable collaboration. In this regard, this study focuses on identification of
KPIs for an Indian home appliance company through exhaustive discussions involving
multiple decision-makers. Further, a grey-based decision-making trial and
evaluation laboratory (DEMATEL) model is proposed in the study for analysing the
importance levels among the fifteen KPIs based on multiple stakeholder
perspectives. The results of the grey structural model indicate seven KPIs as
influencing KPIs and eight KPIs as influenced KPIs. The KPI ‘Information
disclosure’ has been identified as the most influential KPI for the evaluation of
suppliers for sustainable collaboration. The implications drawn from the result
analysis model can provide meaningful insights to managers for identifying
strategies towards strengthening the supplier–manufacturer relationship and
achieving organizational and market competence. © 2021 ERP Environment and John
Wiley & Sons Ltd.
Handrito, R. P., et al. (2024). "The more concerned you are, the greener you are:
The role of consumer personality towards adoption of biobased shopping bags."
BioProducts Business 9(1): 1-18.
Plastic waste is known as the worst pollutant to our environment, with
single-use plastic shopping bags perceived as the biggest cause of this issue.
However, despite massive actions undertaken by environmentalists and government
agencies to promote the adoption of biobased shopping bags, human behavior towards
single-use plastic shopping bag consumption continues to persist and unfortunately,
is soaring. To address this issue, we propose that consumer personality traits
significantly influence this behavior. Therefore, we apply motive disposition
theory (MDT) and institutional theory to examine consumers’ motives, specifically
focusing on the power motive and the institutions that influence them. By employing
an online survey and moderated mediation analysis, a sample of 207 individuals was
engaged to investigate the influence of consumers’ power motives on green
consumption towards biobased shopping bags. The results indicate that this
relationship is contingent upon the mediating role of consumer environmental
concern. Additionally, it has been observed that the level of adoption is even
stronger when consumers perceive that knowledge supporting environmentally friendly
behavior is accessible to them. © 2024, Society of Wood Science and Technology. All
rights reserved.
Henry, M., et al. (2020). "A typology of circular start-ups: Analysis of 128
circular business models." Journal of Cleaner Production 245.
The circular economy (CE) concept is much-heralded among policy-makers,
scholars and industry professionals as an accelerated pathway towards
sustainability. This move away from the dominant linear system where products are
discarded at the end of product lifecycle is deemed necessary since it is the main
cause of an accelerated resource consumption. Business models are considered as a
key enabler for the shift from a linear to a CE. However, research on circular
business models has mainly focused on circular approaches adopted by incumbent
firms, while the contributions of newly established firms (the authors call these
’circular start-ups’) have been largely overlooked. This article scrutinises the
business models of circular start-ups and how they may differ from those of
incumbent firms embracing CE. For this, it analyses the circular business model
strategies and innovations adopted by circular start-ups, relying on a novel data
sample of 128 circular start-ups identified in three major CE ecosystems in Europe:
the Randstad region in the Netherlands, Berlin and London. Based on this data, a
novel typology of circular start-ups is proposed, distinguishing between five
circular start-up archetypes: design-based, waste-based, platform-based, service-
based and nature-based start-ups. The results also show that circular start-ups
tend to embrace strategies corresponding to higher levels of circularity than those
of incumbents. This preliminarily suggests that circular start-ups can indeed make
major contributions to transitioning towards CE. © 2019 Elsevier Ltd
Iqbal, Q., et al. (2024). "Sustainable development through frugal innovation: the
role of leadership, entrepreneurial bricolage and knowledge diversity." REVIEW OF
MANAGERIAL SCIENCE.
Frugal innovation through frugal functionality, frugal cost, and frugal
ecosystems that reduce goods to their essential features has emerged as a highly
effective method to improve sustainable development across societies, in developed
countries as well as in developing countries. Drawing on social exchange theory and
effectuation theory, this study examines the indirect effect of diversified
knowledge sharing on the relationship of sustainability-oriented leadership with
frugal innovation and the conditional role of entrepreneurial bricolage. The study
utilized data collected from 223 representatives of small and medium enterprises in
Poland. Partial least squares structural equation modelling was used to test the
proposed hypotheses. The results confirmed that sustainability-oriented leadership
indirectly and significantly affects frugal functionality and costs through both
internal and external diversified knowledge sharing. Yet, internal diversified
knowledge sharing does not mediate the sustainability-oriented leadership-frugal
ecosystem relationship. The findings show that the sustainability-oriented
leadership-external diversified knowledge sharing relationship amplifies with
increasing values of entrepreneurial bricolage. However, the sustainability-
oriented leadership-internal diversified knowledge sharing relationship does not
change in the presence of entrepreneurial bricolage. This pioneering study explores
the interactions between sustainability-oriented leadership, entrepreneurial
bricolage, and internal as well as external diversified knowledge sharing with
regards to frugal innovation. It uncovers the underlying processes of frugal
innovation and improved frugal innovation performance, facilitates the integration
of knowledge, recognises successful approaches to leadership, creates initiatives
for leadership development, and offers actionable insights for organisations aiming
to cultivate frugal innovation.
Ji, X. and C. Su (2023). "Exploration of Supply Chain Financing Model and Virtual
Economic Risk Control Using the Backpropagation Neural Network." Journal of Global
Information Management 31(9).
This article aims to optimize the supply chain financing model and address
virtual economic risk control by effectively reducing associated risks. To achieve
this objective, the backpropagation (BP) neural network model is designed and
implemented, promoting the application of intelligent technology in supply chain
financing and virtual economic risk control. Initially, a fundamental BP neural
network model is developed and evaluated. Subsequently, an Adam-BP neural network
model is proposed by optimizing the Adam optimizer, providing substantial technical
support for enhancing the supply chain financing model and virtual economic risk
control. The research results indicate significant performance improvement after
applying Adam optimization to BP, with all indicators in the plant classification
dataset surpassing 0.92 and those in the credit card fraud dataset increasing to
above 0.9. Thus, the model presented here exhibits exceptional adaptability and
offers effective technical support for optimizing the supply chain financing model
and virtual economic risk control methods. © 2023 IGI Global. All rights reserved.
Jia, M., et al. (2022). "Supplier absorptive capacity: learning via boundary
objects in sustainability-oriented supplier development initiatives." INTERNATIONAL
JOURNAL OF OPERATIONS & PRODUCTION MANAGEMENT 42(8): 1173-1199.
Purpose To study the learning processes and mechanisms involved in
sustainability-oriented supplier development (SSD), including how knowledge is
transmitted by the buyer and how it is received, understood and internalised by the
supplier. Design/methodology/approach An exploratory longitudinal multi-case study
approach is adopted. The research context is a social SSD project focusing on
occupational health and safety (OHS) management at four supplier factories. The
paper draws on the constructs of absorptive capacity and boundary objects. Findings
The development of a supplier's absorptive capacity for OHS management is triggered
by the transfer of boundary objects that are created by the buyer. Findings suggest
that each supplier starts explorative learning in a similar and passive way in
order to accept the knowledge, but then each supplier proactively transforms and
exploits the knowledge through continuous sensing, seizing, and reconfiguring loops
that develop the boundary objects in a way that fits their own needs and contexts,
incorporating the objects into organisational structures and routines. Research
limitations/implications The research furthers the understanding of the development
of supplier absorptive capacity for sustainability via SSD projects, including how
it is triggered and sustained. The impact of ostensive and performative aspects of
boundary objects on knowledge transfer is presented. Finally, insight is provided
into how absorptive capacity and dynamic capabilities are linked in the context of
SSD. Practical implications Buying firms should seek to develop boundary objects
that can trigger and maintain learning momentum for sustainability at supplier
organisations in addition to effectively transferring SSD-related sustainability
knowledge. There is also a need to allow for sufficient flexibility in the design
of the boundary objects, and to pay sufficient attention to how suppliers
contextualise and embed them into their own organisations, providing support for
this process where necessary. For the supplier, establishing structures and
routines for OHS management can help to prepare for future audits, thereby reducing
audit fatigue. Originality/value The paper contributes to the supply chain learning
literature by exploring the development of supplier absorptive capacity for
sustainability triggered by the focal buying firm. It sheds new light on the role
of boundary objects for facilitating knowledge transfer and learning between supply
chain members in the context of SSD projects.
Kalnbalkite, A., et al. (2023). "The tango between the academic and business
sectors: Use of co-management approach for the development of green innovation."
Innovation and Green Development 2(4).
This study explores a co-management approach to prepare future environmental
engineers for green innovation and commercialisation by improving cooperation
between academia and industry. Collaboration between academia, government,
agencies, and industry is a top priority due to the significant impact of the
availability of qualified environmental professionals on the economy. The potential
for collaboration among parties with different interests and principles remains
largely unexplored. Compared to tango dance, the paper discusses the co-management
approach, combining two disciplines with other goals and expectations. The
methodology adapts brainstorming for studying environmental engineering to improve
students' competencies and diversify study methods. Studying classical idea co-
creation approaches in higher education, evaluating their results, and analysing
stakeholders’ opinions - involving 65 students, six industry and government
representatives, and 14 lecturers. This study identified crucial factors that form
a model for successful collaboration between academia and industry to train
environmental science specialists and develop green innovations. These factors
include party participation activity, the definition of primary evaluation
criterion, and student motivation. The study concludes that the co-management
approach could enhance competence education quality by promoting skill
diversification and teamwork and providing greater motivation to work. © 2023 The
Authors
Kayikci, Y., et al. (2022). "Assessing smart circular supply chain readiness and
maturity level of small and medium-sized enterprises." JOURNAL OF BUSINESS RESEARCH
149: 375-392.
A Smart Circular Supply Chain (SCSC) integrates both Industry 4.0 (I4.0) and
Circular Economy (CE) concepts into supply chain in response to achieving
sustainable goals/agenda. The purpose of this paper is to assess SCSC readiness and
maturity level of SMEs considering different stakeholders from a multi-layered
perspective. For this aim, a conceptual framework was proposed and accomplished
through a case study of SMEs in Turkey's textile industry. Such integrated approach
to holistically assessing SCSC readiness and maturity makes a unique contribution
to the field. The highlights of this study are summarized as follows: (1)
approaching readiness and maturity in transitions by focusing on systems theory;
(2) identifying the dimensions of readiness and maturity in transitions to I4.0 and
CE; (3) assessment of readiness and maturity level of SMEs in transition to CE and
(4) assessment of readiness and maturity level of SMEs in transition to I4.0 within
the supply chain.
Khan, I. S., et al. (2023). "Industry 4.0 innovations and their implications: An
evaluation from sustainable development perspective." Journal of Cleaner Production
405.
As the dyad of Industry 4.0 (I4.0) and innovation have gained greater
attention from researchers, practitioners and policy makers, integration of
sustainability and sustainable development paradigms to this dyad have become
fundamental to sustain businesses’ competitive advantage. A variety of I4.0 based
innovations with several sustainability implications exists in the literature, but
they largely address independent and distinct knowledge areas, which yields an
opportunity to explore the interconnections of I4.0-innovation-sustainability
nexus. Therefore, this research performs a systematic literature review to
synthesize the nexus by investigating how a combination of I4.0 technologies and
different types of innovations, could contribute to sustainable development thereby
providing sustainability implications. Our review portfolio derived from three
databases analyzed 58 journal articles that addressed the simultaneous links of
I4.0-innovation-sustainability. The primary findings show that I4.0 results in
various innovation types including process, product, business model, supply chain,
organizational, open, and marketing innovations that advance triple bottom line
(TBL) sustainability, circular economy (CE), sustainable business models (SBMs) and
achievement of sustainable development goals (SDGs). While most studies focus on
process, product, and business model innovations with TBL and CE implications, more
research is required to address the significant but overlooked areas such as open,
organizational, and marketing innovations to advance business model sustainability
and SDGs. © 2023 The Authors
Khan, P. A., et al. (2021). "Firm Sustainable Development Goals and Firm Financial
Performance through the Lens of Green Innovation Practices and Reporting: A
Proactive Approach." Journal of Risk and Financial Management 14(12).
The current global economy demands synergy between ecological responsiveness
and proactive business models. To analyze these dynamics, the objective of this
study is to simultaneously investigate the effects of green innovation practices
concerning the sustainable development goals (SDG) and financial performance of
firms. This study also advocates for the injection of green innovation reporting
into sustainable reporting for greater disclosure. Data from sixty-seven companies
from five continents and the top five blue chip firms for each country are
collected through content analysis, with the generalized least squares (GLS)
approach used to test a causal relationship hypothesis. The results indicate mixed
findings, with green product innovation showing positive relationships with returns
on equity (ROE) and returns on investments (ROI). At the same time, green process
innovation shows negative relationships with returns on assets (ROA) but shows a
positive impact on returns on investments (ROI) and firm SDGs. In contrast, green
service innovation shows an insignificant relationship with financial performance
and SDGs. On the other hand, non-operational green innovation variables and green
marketing positively affect returns on assets and investment, showing significant
negative impacts on returns on equity. However, green organizational innovation
shows an insignificant relationship with firm financial performance and SDGs. In
addition, this study also shows that the Australia/New Zealand region is the leader
in green innovation reporting, followed by Europe, Asia, Africa, and lastly, North
America. © 2021 by the authors.
Khan, P. A., et al. (2022). "Vinculum of Sustainable Development Goal Practices and
Firms’ Financial Performance: A Moderation Role of Green Innovation." Journal of
Risk and Financial Management 15(3).
The 2030 Agenda for Sustainable Development (SDGs) has been established to
alter our world by addressing the challenges faced by humanity in order to promote
wellbeing, economic prosperity, and the protection of the environment. The SDGs
provide a holistic and multi-dimensional approach to development compared to
conventional development plans that focus on a limited range of dimensions. As a
result, linkages between the SDGs may result in differing outcomes. This research
is the first to investigate the direct relationship of environmental and social
SDGs with firms’ financial performance and the moderating role of green innovation.
Data from 67 companies from five continents (Europe, Australia and New Zealand,
Asia, North America, and Africa) and their top five blue-chip firms were collected
through content analysis. Generalized least squares (GLS) were used to test for
direct relationships. The results showed a positive correlation between
environmental SDGs and the negative significance of social SDGs on firms’ financial
performance. However, mixed findings regarding the moderation variable green
innovation over SDGs and firms’ financial performance were found. The new findings
extend the SDG literature and provide empirical evidence to practitioners and
policymakers. © 2022 by the authors. Licensee MDPI, Basel, Switzerland.
Khatami, F., et al. (2024). "Innovation ecosystem for smart product: empirical
quantification of its key dimensions in SMEs of 21 European countries." Review of
Managerial Science 18(9): 2723-2748.
This paper aims to quantify the innovation ecosystem model for allowing the
development of smart products at the country level. In this regard, the research
used an empirical approach to scale and validate the six dimensions of an
innovation ecosystem model among the small and medium-sized enterprises of 21
European countries. The quantitative methods of panel data analysis and Pearson
correlation tests between variables of the innovation ecosystem and smart products
were considered to examine six research hypotheses. Three dimensions of the
innovation ecosystem model, i.e., configuration, change, and capability, have
enough effects to accelerate high levels of smart products in the small and medium-
sized enterprises of European countries, supporting the external and internal
economic partnerships of institutions and companies, cultural changes in functional
status, and knowledge-based capabilities of technological skills in each ecosystem.
In addition, hierarchical clustering analysis for the classification of the
countries showed that some countries, e.g., the United Kingdom, Netherlands,
Sweden, Switzerland, Germany, Denmark, France, and Norway, could support their
powerful smart products for small and medium-sized enterprises at the national
level due to their high mean innovation ecosystem values. Overall, the research can
describe the managerial implications regarding the knowledge-based capabilities of
the technological skills in each ecosystem to be utilized by managers and
stakeholders in small and medium-sized enterprises. © The Author(s) 2024.
Klammer, A., et al. (2023). "Opposites attract: How incumbents learn and unlearn in
coopetitive relationships with start-ups." Industrial Marketing Management 112: 85-
97.
Incumbents increasingly turn to start-ups to benefit from their
entrepreneurial spirit and thinking. Incumbents collaborating with start-ups from
the same industry can create a relationship that entails both cooperative and
competitive elements. While previous research primarily focuses on how both sides
learn and gain knowledge, we investigate, from the perspective of incumbents, how
the interplay of both learning and unlearning mechanisms unfolds when engaging in
coopetitive projects with start-ups. Following a qualitative research approach, we
conducted 30 semi-structured interviews with incumbents from different industries.
The results of our thematic analysis show that incumbents dynamically use learning
and unlearning mechanisms to develop a coopetition mindset and overcome
asymmetrical tensions with start-ups. Furthermore, we find that incumbents revert
to previous cognitive and behavioral patterns after the coopetitive project with
start-ups has ended. We contribute to a better understanding of incumbent-start-up
dynamics and highlight the importance of organizational unlearning in coopetitive
settings. © 2023 The Authors
Koliousis, I., et al. (2024). "Artificial intelligence and policy making; can small
municipalities enable digital transformation?" International Journal of Production
Economics 274.
This study investigates digital transformation and the usability of emerging
technologies in policymaking. Prior studies categorised digital transformation into
three distinct phases of digitisation, digitalisation, and digital transformation.
They mainly focus on the operational or functional levels, however, this study
considers digital transformation at the strategic level. Previous studies confirmed
that using new emerging AI-based technologies will enable organisations to use
digital transformation to achieve higher efficiency. A novel methodological AI-
based approach for policymaking was constructed into three phases through the lens
of organisational learning theory. The proposed framework was validated using a
case study in the transportation industry of a small municipality. In the selected
case study, a confirmatory model was developed and tested utilising the Structural
Equation Modelling with data collected from a survey of 494 local stakeholders.
Artificial Neural Network was utilised to predict and then to identify the most
appropriate policy according to cost, feasibility, and impact criteria amongst six
policies extracted from the literature. The results from this research confirm that
utilisation of the AI-based strategic decision-making through the proposed
generative AI platform at strategic level outperforms human decision-making in
terms of applicability, efficiency, and accuracy. © 2024 The Authors
Kraus, S., et al. (2023). "From moon landing to metaverse: Tracing the evolution of
Technological Forecasting and Social Change." Technological Forecasting and Social
Change 189.
Technological Forecasting and Social Change (TFSC) is one of the most
prominent journals to focus on the methodologies and practices of technological
forecasting and futures studies. This study aims to analyse the topical structure
of TFSC and track the most cited articles published in the journal using a
combination of a structural topic model (STM) and bibliometric analysis. The STM
reveals 18 prominent topics in TFSC, and the topical quality of the STM results is
verified based on semantic coherence and topic exclusivity scores as well as an
assessment of the correlations among topics. The STM also tracks the temporal
variations in topical prevalence that occurred from 1969 to 2022, shedding light on
the changing popularity of each topic. The bibliometric analysis presents a decade-
by-decade perspective on the most cited articles and the geographical dispersion of
authors affiliated with TFSC, thereby providing a truly global perspective on the
journal's publishing activity. © 2023 The Authors
Kuhl, C., et al. (2022). "Product-service systems and circular supply chain
practices in UK SMEs: The moderating effect of internal environmental orientation."
JOURNAL OF BUSINESS RESEARCH 146: 155-165.
Many studies uphold product-service systems (PSSs) as key factors for the
implementation of circular supply chain (CSC) practices. This paper explores this
assumption by testing the links between product-, use- and resultoriented PSSs and
slowing, closing, and narrowing CSC practices. It develops and validates survey
items that can be used to benchmark CSC practice implementation. In addition, it
tests a model that recognises the positive moderating role of internal
environmental orientation. A survey is conducted with 114 manufacturing small and
medium-sized enterprises (SMEs) in the United Kingdom (UK). Partial least squares
structural equation modelling is conducted to evaluate two models. The results show
that product-oriented PSSs positively affect the slowing, use-oriented positively
affects the closing, and result-oriented positively affects the slowing and the
narrowing of resource loops. Internal environmental orientation does not moderate
the PSS - CSC relationship, suggesting that less internally environmentally
oriented firms are not at a disadvantage.
Kumar, K., et al. (2021). "Difference in stakeholder engagement approach of small &
medium enterprises and large companies and its performance implications." Corporate
Social Responsibility and Environmental Management 28(3): 992-1001.
Using the explicit and implicit Corporate Social Responsibility (CSR)
framework, this study investigates how small and medium enterprises (SMEs) and
large companies differ in their approach to CSR and what association these
differing approaches to CSR have with a company's financial and social
performances. We develop and validate a stakeholder engagement approach (SEA) scale
and then present the results of data collected from 211 SMEs and 179 large
companies. The results indicate that while large companies rely more on explicitly
articulated and formally enacted approaches to CSR, SMEs integrate social
responsibility into their company activities in informal and implicit ways. The
results also show that the explicit approach has a positive association with
financial performance measures, while the implicit approach has a positive
association with social performance. The findings of this study provide a more
nuanced and theoretically grounded understanding of differences in the CSR
practices of SMEs and large companies. © 2020 ERP Environment and John Wiley & Sons
Ltd.
Kusa, R., et al. (2023). "Does knowledge management mediate the relationship
between entrepreneurial orientation and firm performance?" JOURNAL OF KNOWLEDGE
MANAGEMENT 28(11): 33-61.
PurposeThis study investigates the impact of entrepreneurial orientation (EO)
and knowledge management (KM) on firm performance (PERF), as well as the mediating
role of KM in the EO-PERF (EO-PERF relationship). In particular, this study aims to
explain the impact of KM on the relationship between the EO dimensions and PERF;
dimensions are risk-taking (RT), innovativeness (IN) and proactiveness
(PR).Design/methodology/approachThis study uses structural equation modelling and
fuzzy-set qualitative comparative analysis (fsQCA) methodologies to explore target
relationships. The sample consists of 150 small furniture manufacturers operating
in Poland (out of 1,480 in the population).FindingsThe study findings show that KM
partially mediates the IN-PERF relationship. Furthermore, fsQCA reveals that KM
accompanied by IN is a core condition that leads to PERF. Moreover, the absence of
KM (accompanied by the absence of RT and IN) leads to the absence of PERF. In
addition, the results show that all the variables examined (RT, IN, PR and KM)
positively impact PERF.Originality/valueThis study explores the role of KM in the
context of EO and its impact on PERF in the low-tech industry. The study uses
simultaneously two methodologies that represent different approaches in the search
for the expected relationships. The findings reveal that KM mediates the EO-PERF
relationship.
Kutaula, S., et al. (2024). "Linking HRM with Sustainability Performance Through
Sustainability Practices: Unlocking the Black Box." BRITISH JOURNAL OF MANAGEMENT.
In response to the triple-bottom-line sustainability challenges facing
today's world, organizations are increasingly incorporating sustainability
principles into their strategies; however, this is challenging for small and
medium-sized enterprises (SMEs) with limited resources. While sustainable human
resource management (HRM) has recently gained scholarly prominence, the impact of
sustainable HRM practices on an organization's sustainability performance remains
under-explored. Anchored on signalling theory, we address this gap by examining the
impact of sustainable HRM on an organization's sustainability performance. Drawing
upon survey data collected from 254 employees across SMEs in Vietnam, we found that
sustainable HRM practices and managerial competency positively impact
sustainability practices, which in turn predict sustainability performance, while
sustainability practices mediate these relationships. Employee sustainability
participation and long-term orientation strengthen the relationship between
sustainability practices and sustainability performance. Further, co-worker
sustainability support moderates the relationship between sustainable HRM practices
and managerial competency and sustainability practices. We discuss the
contributions to theory and practice and provide future research directions.
Long, T. B., et al. (2020). "The design and testing of a tool for developing
responsible innovation in start-up enterprises." JOURNAL OF RESPONSIBLE INNOVATION
7(1): 45-75.
Innovation leads to new products, business models and even changes to socio-
economic systems. However, it is important that innovation has the 'right impacts'.
Responsible innovation can help to achieve this; however, it is unclear how to
introduce responsible innovation to real-world, competitive, industry settings. We
explore this challenge in the context of sustainability orientated start-up
enterprises, developing innovations within agriculture, food or energy. We develop
a tool that provides innovators with a systematic way to identify socio-ethical
issues. Using the concept of experiential learning, we track the impact of the tool
across 12 cases. For the tool to install responsible innovation, we propose that a
full learning cycle must be completed. We find evidence that the tool can enable a
full learning cycle and provide a method to identify socio-ethical factors. We
contribute by articulating and operationalising an approach to introduce
responsible innovation principles into real-world contexts.
Lu, H., et al. (2024). "Integrating circular economy and Industry 4.0 for
sustainable supply chain management: a dynamic capability view." Production
Planning and Control 35(2): 170-186.
Circular economy (CE) and Industry 4.0 are recent business buzzwords that
help organizations to maintain a circular flow and optimize the use of resources
with technological supports to improve sustainability practice. Transition towards
CE and Industry 4.0 is promising and yet challenging. As such, the aim of this
research is to investigate how to integrate CE and Industry 4.0 in sustainable
supply chain management (SSCM) in order to improve operational efficiency and
sustainability performance. This study provides an analysis of the dynamic changes
of drivers and barriers when integrating CE and Industry 4.0 and their related
applications in operations and SCM through a systematic review of literature. From
the results, a theoretical framework was derived for future research development. ©
2022 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis
Group.
Luederitz, C. and D. Etzion (2024). "Generativity as a heuristic for impact-driven
scholars addressing grand challenges." STRATEGIC ORGANIZATION.
In this contribution, we theorize generativity as a heuristic for impact-
driven management scholars seeking to address grand challenges through research. We
use generativity to connote the engagement of diverse actors in pluralistic inquiry
to create conditions for future flourishing. Our theorization applies a pragmatist
worldview and builds on insights from the multidisciplinary literature on
generativity to envisage researchers as agents of care, collective learning, and
transformative change. We synthesize four tenets for researchers seeking both
academic and real-world impact. These tenets can support researchers addressing
grand challenges by guiding their efforts to diversify inputs, distribute agency,
conduct experiments, and pursue prospective impacts. We illustrate generativity in
action by drawing on our experience in a transdisciplinary research project on
small- and medium-sized enterprises taking climate action in Canada. We show how
the four tenets foster generativity to promote an inclusive understanding of grand
challenges and a bias toward action, thereby providing an optimistic stance toward
addressing issues of social concern.
Macchion, L., et al. (2023). "Sustainable business models of small and medium-sized
enterprises and the relationships to be established within the supply chain to
support these models." Corporate Social Responsibility and Environmental Management
30(2): 563-573.
Nowadays sustainability plays a crucial role in both academia and industry,
and new insights are required to answer many open questions on the topic. This
study focuses on sustainable business models (SBMs) by adopting a supply chain
perspective to identify the value of sustainability practices along the supply
chain for different SBMs. In particular, the research investigates four small and
medium-sized enterprises (SME) case studies that have been able to implement new
SBMs wisely integrating the concept of sustainability with their supply chain
partners. First, the results confirm that SBMs need to be supported by strong
alignment with sustainability practices within the entire supply chain to be
successfully implemented. Secondly, the application of the proper practices of
selection, monitoring, collaboration, and integration among supply chain partners
within various SBMs is the key to achieving sustainability objectives. The paper,
therefore, contributes to the debate by bringing new evidence to the SBMs topic,
investigating how the success of these models is possible only through a precise
definition of the relationships to be established in the supply chain. © 2022 The
Authors. Corporate Social Responsibility and Environmental Management published by
ERP Environment and John Wiley & Sons Ltd.
Malik, A., et al. (2022). "Circular economy adoption by SMEs in emerging markets:
Towards a multilevel conceptual framework." JOURNAL OF BUSINESS RESEARCH 142: 605-
619.
Adding to the growing literature on circular economy (CE) and employing the
theoretical lens of change management, this research explores SMEs' challenges in
the emerging markets context of India for adopting CE practices. We use a multi-
case qualitative design, interviewing senior leaders and owners of Indian SMEs, CE
intermediaries and two large firms on the nature and extent of critical barriers
and enablers of CE adoption. Including CE market intermediaries, sustainability and
CE managers of large organizations, who are required to educate and incentivize CE
adoption of their SME value chain members, we analyze the barriers and
opportunities from both sides of the coin. We develop a multilevel theoretical
framework grounded in CE and change management literature, which presents the
nature and extent of CE activities, barriers and contextual enablers of SMEs'
adoption of CE in emerging markets. Implications for policy, theory and practice
are also discussed.
Mathivathanan, D., et al. (2022). "Drivers of circular economy for small and medium
enterprises: Case study on the Indian state of Tamil Nadu." JOURNAL OF BUSINESS
RESEARCH 149: 997-1015.
The present paper highlights the growing relevance of the Circular Economy
(CE), its adoption by Small-and Medium-sized Enterprises (SMEs), and the
relationship between the drivers of CE. Using a case study of CE adoption by Tamil
Nadu state in India, we analyse the interactions between the drivers and examine
the challenges and benefits of CE adoption. Using Total Interpretive Structural
Modelling (TISM) this paper identifies 10 main drivers relevant for SMEs in Tamil
Nadu based on literature and discussions with 78 industrial-academic experts,
comments on the driving, dependent and linking elements that impact the uptake and
adoption of CE. The modelling results confirm that three drivers, namely
urbanisation, funding availability and resource consumption, are relevant and
support the successful adoption of CE. The paper is among the first that uses the
TISM technique to establish a contextual linkage between CE drivers and
relationship between the different drivers.
Mazzucchelli, A., et al. (2022). "Do circular economy practices affect corporate
performance? Evidence from Italian large-sized manufacturing firms." Corporate
Social Responsibility and Environmental Management 29(6): 2016-2029.
In recent years, corporate social responsibility has become the most
outstanding challenges for firms and circular economy has emerged as an innovative
business model able to transform corporate social responsibility into actions. Even
if by adopting such a strategic model firms could enhance their performance,
results continue to be mixed and unclear. The aim of the paper is twofold. First,
the study investigates the effect of three circular economy practices (waste
treatment, reduction and recycling), on brand reputation and financial performance.
Second, the study tests the role of brand reputation in mediating the relationship
between circular economy practices and financial performance. The findings
highlight the crucial role of 3Rs practices and of brand reputation in enhancing
firm performance. This paper contributes to a better understanding on the
relationship between circular economy practices, as sustainable strategic and
managerial practices, and firm performance, in both marketing and financial terms.
Moreover, it sheds light on circular economy implementation and its effect at the
firm level, by analyzing managers perceptions on how firms and policy makers have
to incorporate the circular economy concept in their sustainability agenda. © 2022
The Authors. Corporate Social Responsibility and Environmental Management published
by ERP Environment and John Wiley & Sons Ltd.
Morales, P., et al. (2024). "Why use or forgo formal and informal appropriation
mechanisms? A qualitative study of sustainable innovations from small- and medium-
sized enterprises." BUSINESS STRATEGY AND THE ENVIRONMENT 33(3): 1937-1961.
The role that appropriation mechanisms such as patents and secrecy play in
sustainable innovation is currently being debated. In particular, we lack an
understanding of the different motives behind using or forgoing specific
appropriation mechanisms. Current knowledge is mainly derived from the general
innovation literature, which emphasizes profiting from innovation. However,
sustainable innovators also seek to positively impact the environment and society,
which raises the question of whether existing appropriation literature also applies
to sustainable innovation. We interviewed 42 business leaders from small-to-medium-
sized enterprises concerning a recently commercialized sustainable innovation. The
results indicate that known motives from the general innovation literature apply to
sustainable innovation but also reveal motives specific to sustainable innovation.
We also discovered motives suitable to all innovations, such as non-disclosure
agreement motives extending beyond achieving secrecy. Theoretically, our findings
suggest the profiting from innovation framework may also apply to sustainable
innovation, even though the pursuit of profits is not the only motive of
sustainable innovators. In practical terms, the results help sustainable innovators
to craft an appropriation strategy, and policy-related opportunities arise for
improving patent and trademark filing experiences.
Mostafiz, M. I., et al. (2024). "Innovation and commercialisation: the role of the
international dynamic marketing capability in Malaysian international
entrepreneurial firms." International Marketing Review 41(1): 199-236.
Purpose: This study aims to investigate how international entrepreneurial
firms (IEFs) successfully commercialise innovative products/services
internationally. In doing so, the authors examined the role played by the
international dynamic marketing capability (IDMC) in the relationship between
explorative and exploitative innovation and commercialisation. In addition, the
authors also evaluated how the breadth and depth of international networks
facilitate IEFs in upholding the effects of the IDMC to influence
commercialisation. Design/methodology/approach: To test the research model,
structural equation modelling is used based on time-lagged survey data drawn from
201 Malaysian IEFs. To validate the results, additional robustness tests and
endogeneity analyses have been performed. Findings: The findings show that the IDMC
positively mediates the relationship between explorative and exploitative
innovation and commercialisation. Furthermore, the finding exhibits that the
effects of the IDMC on commercialisation are positively moderated by the breadth
and depth of international networks. Originality/value: Given the fragmented and
general nature of the extant marketing research on the IDMC, the study contributes
to the international marketing literature by providing rich and nuanced pertinent
knowledge. This study advances dynamic capability theory in relation to IEFs by
establishing the IDMC as a functional capability suited to enable them to
successfully commercialise the products/services resulting from explorative and
exploitative innovation. © 2023, Emerald Publishing Limited.
Muhwati, C. and R. H. Salisbury (2022). "framework for closed-loop supply chain
adoption by small, medium and micro enterprise fashion retailers in South Africa."
Southern African Journal of Entrepreneurship and Small Business Management 14(1).
Background: The implementation of closed-loop supply chain strategies is
increasing as the focus grows on the sustainability challenges of the fashion
industry. However, their implementation is more widely adopted and researched from
the perspectives of larger retailers in developed economies outside of Africa,
limiting the widespread applicability of their findings to stakeholders in
developing countries such as South Africa. Aim: The study explored and proposed a
decision support framework for the potential coordination of closed-loop supply
chain strategies by small, medium and micro enterprise (SMME) fashion retailers in
South Africa. Setting: This research study was conducted in South Africa with
stakeholders in the Western Cape, KwaZulu-Natal, Gauteng and Limpopo provinces.
Methods: This descriptive, qualitative research approach used purposive sampling,
in the form of judgment sampling, to select 14 participants. The interviews were
then transcribed and transferred to Nvivo™ software to identify and analyse themes
within the data. Results: The findings revealed that while some SMMEs would
consider or were already considering adopting closed-loop strategies, various
challenges and limitations existed related to the sizes of their businesses, their
restricted relationships with supply chain stakeholders and their operation in an
African developing country. A decision support framework was established, which
considers this context and could aid in the implementation of circular strategies
by such retailers. Conclusion: Despite resource limitations, opportunities exist
for SMME retailers to adopt closed-loop supply chains and become globally
competitive, following international focus on accountability and sustainable
consumption. The decision support framework is suitable for such stakeholders to
facilitate collaborative efforts towards achieving end-to-end sustainability. ©
2022. The Authors. Licensee: AOSIS. This work is licensed under the Creative
Commons Attribution License.
Negri, M., et al. (2021). "Integrating sustainability and resilience in the supply
chain: A systematic literature review and a research agenda." Business Strategy and
the Environment 30(7): 2858-2886.
Sustainability has emerged as an important industrial strategic outlook
expanding beyond organizational boundaries to include the supply chain.
Simultaneously, the industry has also been faced with supply chain resilience
concerns. Research on the intersection of supply chain sustainability and
resilience is nascent and is a consequence of their observed mutual influences.
However, confusion about concepts, implementation methods, and measurements of
sustainable and resilient supply chains remains. This study completes a systematic
literature review that critically examines several major observations and
directions. We find the concept of sustainable supply chains is more established,
and general agreement on its theoretical foundations exists. Supply chain
resilience is relatively less mature. The nexus and relationships between the two
topics are often incoherent: there is confusion on sustainable and resilient supply
chains establishment; there is no clarity on what practices could jointly advance
both areas. A major conflict exists since sustainability generally focuses on
efficiency, while resilience seeks effectiveness. We recommend studies to analyze
implementation relationships and impact. We also observe that performance
measurement systems should be developed to assess supply chain sustainability and
resilience performance taking with explicit consideration time horizons considered
in these measures. © 2021 The Authors. Business Strategy and The Environment
published by ERP Environment and John Wiley & Sons Ltd.
Neri, A., et al. (2023). "The role of digital technologies in supporting the
implementation of circular economy practices by industrial small and medium
enterprises." BUSINESS STRATEGY AND THE ENVIRONMENT 32(7): 4693-4718.
The adoption of Industry 4.0's digital technologies can enable the
implementation of circular economy practices. Nonetheless, current indications for
industrial practitioners on how to exploit the broad set of technologies for
circular transition appear unclear. This issue is even more challenging for small
and medium enterprises, which are typically endowed with more limited resources
than larger firms and are characterised by both a digital and circular divide. This
present study contributes to the academic debate by offering an exploratory
empirical analysis-based on semi-structured interviews-that involved 10 Italian
industrial small and medium enterprises to deepen the knowledge of the supporting
role played by digital technologies in implementing circular economy practices by
small and medium enterprises, also considering the potential synergies among such
technologies. Results are of interest also to industrial decision-makers, allowing
them to exploit their firms' resources towards the adoption of those digital
technologies that could be more effective to foster the circular transition.
Neri, A., et al. (2023). "What digital-enabled dynamic capabilities support the
circular economy? A multiple case study approach." Business Strategy and the
Environment 32(7): 5083-5101.
Circular economy and digital technologies are crucial topics in the current
academic and managerial debates. It is largely recognised that—although related to
different paradigms—digital technologies could support the industrial circular
transition, fostering the adoption of circular economy practices. So far, the
relationship has been studied by directly linking the adoption of digital
technologies to the implementation of circular economy practices; however,
indications for practitioners are unclear. There is thus the need to investigate
the relationship at a deeper level. This paper aims at contributing to the debate
by adopting a dynamic capabilities theory perspective. By employing an explorative
multiple case study methodology and based on an abductive logic, this study
investigates 11 Northern-Italy industrial firms in order to understand the
transformations that occurred following the adoption of digital technologies and
how these transformations supported the adoption of circular economy practices. The
results shed preliminary light on which dynamic capabilities—sensing, seizing and
transforming, and their related microfoundations—can be enabled by the different
digital technologies and how these capabilities and microfoundations support the
circular transition. The study thus provides a first-of-a-kind investigation and
suggests propositions for further research to better deepen the knowledge of
digital-enabled dynamic capabilities supporting industrial circular economy. © 2023
The Authors. Business Strategy and The Environment published by ERP Environment and
John Wiley & Sons Ltd.
Okorie, O., et al. (2021). "Circular business models in high value manufacturing:
Five industry cases to bridge theory and practice." Business Strategy and the
Environment 30(4): 1780-1802.
The transition to a circular economy (CE) requires companies to evaluate
their resource flows, supply chains, and business models and to question the ways
in which value is created. In the high value manufacturing (HVM) sector, this
evaluation is critical, as HVM enables value in nonconventional forms, beyond
profit, including unique production processes, brand recognition, rapid delivery
times, and highly customized services. We investigate the role of value, cost, and
other factors of influence in the selection of a circular business model (CBM) for
HVM. Explored through five case studies using a qualitative evaluation of
circularity, we then contribute to the emerging field of CBMs by modifying the CBM
canvas that can capture the nontraditional value, traditional value, cost, and
other influencing factors enabled via CBM adoption in HVM. Finally, the important
role of digital technologies for incentivizing and enabling CBM adoption, is
clarified. © 2021 The Authors. Business Strategy and The Environment published by
ERP Environment and John Wiley & Sons Ltd.
Oskam, I., et al. (2021). "Valuing Value in Innovation Ecosystems: How Cross-Sector
Actors Overcome Tensions in Collaborative Sustainable Business Model Development."
BUSINESS & SOCIETY 60(5): 1059-1091.
This article aims to uncover the processes of developing sustainable business
models in innovation ecosystems. Innovation ecosystems with sustainability goals
often consist of cross-sector partners and need to manage three tensions: the
tension of value creation versus value capture, the tension of mutual value versus
individual value, and the tension of gaining value versus losing value. The fact
that these tensions affect all actors differently makes the process of developing a
sustainable business model challenging. Based on a study of four sustainably
innovative cross-sector collaborations, we propose that innovation ecosystems that
develop a sustainable business model engage in a process of valuing value in which
they search for a result that satisfies all actors. We find two different patterns
of valuing value: collective orchestration and continuous search. We describe these
patterns and the conditions that give rise to them. The identification of the two
patterns opens up a research agenda that can shed further light on the conditions
that need to be in place in order for an innovation ecosystem to develop effective
sustainable business models. For practice, our findings show how cross-sector
actors in innovation ecosystems may collaborate when developing a business model
around emerging sustainability-oriented innovations.
Oyedijo, A., et al. (2024). "Multi-tier sustainable supply chain management: a case
study of a global food retailer." SUPPLY CHAIN MANAGEMENT-AN INTERNATIONAL JOURNAL
29(1): 68-97.
PurposeImplementing sustainable practices in multi-tier supply chains (MTSCs)
is a difficult task. This study aims to investigate why such endeavours fail and
how MTSC partners can address them. Design/methodology/approachA single-case study
of a global food retail company was used in this study. Semi-structured interviews
with the case firm and its first- and second-tier suppliers were used to collect
data, which were then qualitatively analysed using thematic analysis. FindingsMajor
barriers impeding the implementation of sustainability in multi-tier food supply
chains were revealed such as the cost of sustainability, knowledge gap, lack of
infrastructure and supply chain complexity. Furthermore, the findings reveal five
possible solutions such as multi-tier collaboration and partnership, diffusion of
innovation along the chain, supply chain mapping, sustainability performance
measurement and capacity building, all of which can aid in the improvement of
sustainability practices. Research limitations/implicationsFuture research should
investigate how specific barriers and drivers affect specific aspects of
sustainability, pointing practitioners to specific links between the variables that
can aid in tailoring sustainability oriented investment. Practical implicationsThis
research supports managerial comprehension of MTSC sustainability, pointing out
ways to improve sustainability performance despite the complex multi-tier system of
food supply chains. Originality/valueThe research on MTSC sustainability is still
growing, and this research contributes to the debate about how MTSCs can become
more sustainable from the perspective of the triple bottom line, particularly food
supply chains which face significant sustainability challenges.
Ozcan, S., et al. (2021). "Social media mining for ideation: Identification of
sustainable solutions and opinions." Technovation 107.
The availability of social media-based data creates opportunities to obtain
information about consumers, trends, companies and technologies using text mining
techniques. However, the quality of the data is a significant concern for social
media-based analyses. The aim of this study was to mine tweets (microblogs) to
explore trends and retrieve ideas for various purposes such as product development,
technology and sustainability-oriented considerations. The core methodological
approach was to create a classification model to identify tweets that contained an
idea. This classification model was used as a pre-processing step so the query
results obtained from the application programming interface were cleared from the
messages that contained the search terms used in the query but did not contain an
idea. The results of this study demonstrate that our method based on text mining,
and supervised or semi-supervised classification methods, can extract ideas from
social media. The social media data mining process illustrated in our study can be
utilised as a decision-making tool to detect innovative ideas or solutions about a
product or service and summarise them into meaningful clusters. We believe that our
findings are significant for the sustainability, tech mining and innovation
management communities.
Pandya, D. and G. Kumar (2023). "Applying Industry 4.0 technologies for the
sustainability of small service enterprises." SERVICE BUSINESS 17(1): 37-59.
Despite the potential of Industry 4.0 (I4.0) to make micro, small and medium
enterprises (MSMEs) sustainable, the managers of service MSMEs find it tough to
implement it in their firms. Drawing on the TAM and TAM2, this paper identifies
I4.0 technologies (I4T) that help improve the sustainability in service MSMEs in
the emerging economy of India. Data from different service MSMEs were collected to
assess the importance of I4T. Artificial Intelligence, Big Data Analytics, and
Internet of Things emerge as the most important I4T for sustainability. Several
managerial implications along with theoretical contributions, limitations, and
future research have been discussed.
Park, C., et al. (2023). "Key factors influencing the sustained growth of high-tech
SMEs in South Korea: the perspectives of founder owner-managers." INTERNATIONAL
JOURNAL OF ENTREPRENEURIAL BEHAVIOR & RESEARCH 29(9/10): 2135-2156.
PurposeThis paper explores key factors influencing high-performing, sustained
growth, high-tech small- and medium-sized enterprises (SMEs) in South
Korea.Design/methodology/approachA qualitative study is adopted to explore
seventeen founder owner-managers of high-tech SMEs who sustained consistent
employment growth, greater than the industry average, for seven years. Within the
sample, those with higher (10% or over) employment compound annual growth rates
(CAGRs) over this period are also compared to those with lower rates.FindingsThe
study suggests that proactive approaches, such as flexible organization, risk
management, fast decision-making and international market entry, are seen as
important contributing factors to sustained growth. These findings contribute to a
better theoretical and empirical understanding of sustained high-tech SME growth,
in a country with a strong entrepreneurial and internationally competitive
information technology sector. Also, collaboration across the SME was perceived as
making an important contribution to staff development and growth, consistent with
stewardship theory.Research limitations/implicationsThe sample is based on
successful high-tech SMEs, so there are limitations in extrapolating results to
other types of firms, sectors or countries.Practical implicationsKey factors
identified in this study can be considered by entrepreneurs seeking to achieve
sustainable business. These also provide improved understanding for policymakers
into the complexity of factors related to sustained and high growth of technology-
based SMEs, which many countries are keen to foster to aid national economic
growth.Originality/valueThe research provides new evidence exploring the diverse
perspectives of founder owner-managers, on the sustained growth and failure in
South Korean high-tech SMEs, and how these have changed since the inception of
their business.
Passaro, R., et al. (2023). "The drivers of eco-innovations in small and medium-
sized enterprises: A systematic literature review and research directions."
Business Strategy and the Environment 32(4): 1432-1450.
The debate on innovations that contributes to the decoupling of economic
growth and environmental degradation or fosters the transition from the brown to
the green economy is becoming increasingly relevant in the academic and business
worlds, fuelling a research stream that is proving very interesting for its
economic, environmental and social implications. Although the debate on the
adoption of environmental innovations is well underway, the discussion on eco-
innovation in the context of small- and medium-sized enterprises (SMEs) is at a
less developed stage and deserves more attention, especially given the relevance of
these companies in the economic system of several countries. Thus, this study
proposes a systematic literature review of the determinants of eco-innovation in
SMEs and explores the relationships among them by starting from the criticalities
highlighted in the five literature reviews of determinants of eco-innovations in
SMEs that have been recently published. The first step of the research concerns a
detailed description of the selection process of the articles under consideration
and of their characteristics. In the second step, 14 main categories of
determinants are identified. Additionally, in the third step, as result of this
investigation, three basilar research directions and 13 related research questions
emerged. © 2022 The Authors. Business Strategy and The Environment published by ERP
Environment and John Wiley & Sons Ltd.
Perotti, F. A., et al. (2024). "Fostering circular economy through open innovation:
Insights from multiple case study." BUSINESS ETHICS THE ENVIRONMENT &
RESPONSIBILITY.
This study represents an empirical, comprehensive investigation of two
different inter-organisational collaborative approaches, offering a novel
perspective on collaborative circular business models in the modern economy. In
this vein, we explore how open innovation strategies foster the implementation of
circular economy practices within a circular supply chain and a circular ecosystem.
In addition, we identify and characterise stakeholders' roles in facilitating the
translation of circular principles into a viable business. An inductive theorising
approach was employed, leveraging an explorative multiple case study methodology.
Data were collected from 13 organisations involved in two collaborative networks,
designed to establish upcycling practices to recover waste from the food and
beverage industry. A critical realist philosophical positioning underpinned
researchers' data collection and analysis. As a result, we outline the nature of
two different collaborative approaches to pursue a regenerative production system
through open innovation strategies: a circular supply chain and a circular
ecosystem architecture. The characterisation of the coordinator and orchestrator of
collaborative circular business models is also highlighted in our findings. In sum,
this study contributes to the literature on circular economy by unveiling the role
of open innovation in fostering circular business development. From a practical
standpoint, it offers insights for managers of sustainability-oriented companies
willing to implement upcycling practices.
Pham, H. Q. and P. K. Vu (2024). "Managing big data and blockchain for enterprise
internationalization process: Mediating role of dynamic accounting system
capability." Management and Marketing 19(1): 113-157.
This study develops and confirms a model that examines the relationship
between Big Data Analytics Capabilities (BDAC), Blockchain Technology (BT), and
Internationalization Process (IP). It also requires various efforts to explore how
Dynamic Accounting Information System Capability (DAISC) mediates the
interconnections between BDAC, BT, and IP. This study focuses on small and medium
enterprises (SMEs) in Vietnam, which are widely recognized as crucial to the
Vietnamese economy. The current research utilized the hypothetico-deductive method.
The proposed model's hypothesized linkages were based on a comprehensive evaluation
of relevant literature and investigations. The statistics database was created
using a paper-and-pencil survey distributed to 612 accountants in SMEs in southern
Vietnam utilizing the convenient and snowball sampling technique. A covariance-
based structural equation modelling approach was used to assess the measurement and
structural models in this research due to its ability to offer a strong foundation
for analyzing intricate linkages within a research framework. The outcome confirmed
the significant and positive relationships between BDAC, BT, and IP. Concurrently,
these relationships were partially influenced by DAISC. The practitioners would
greatly benefit from detailed insights on the findings, as they would provide
guidance on how to identify and take advantage of the growth opportunities afforded
by digital technology. Moreover, the observations could provide policymakers with
new insights on necessary policy measures to support the application of digital
technologies and encourage the implementation of a dynamic accounting information
system, which could result in significant benefits in the future. © 2024 Sciendo.
All rights reserved.
Pham, Q. H. and K. P. Vu (2024). "Insight into how digital forensic accounting and
metaverse circular business model innovation contribute to accelerated
internationalization: evidence from Vietnam-based SMEs." Cogent Business and
Management 11(1).
The current study aims to examine how digitalization forensic accounting
(DFA) demonstrates impact on accelerated internationalization (ACIN) and provides
insights into the function of metaverse circular business model innovation (MCBMI)
in the relationship between DFA and MCBMI. This study took advantage of a
quantitative method and relied on deductive approach. The hypothesized model was
investigated using structural equation modeling, which was rested on mathematical
data collected from a survey circulated to a cross-sectional snowballing sample of
783 accountants in small and medium enterprises (SMEs). The data analysis was
conducted using the Partial Least Squares Structural Equation Modeling (PLS-SEM)
technique with the assistance of SmartPLS 4.0 software. The results analyses
supported a strong relationship between DFA and MCBMI as well as the relationship
MCBMI and ACIN in terms of significance and impact size. Conversely, DFA was
reported to induce an insignificant impact on ACIN. The results further
highlighted the role of MCBMI as a full mediator in the relationship between DFA
and ACIN. The observations of this study would serve as a stable cornerstone to
provide research pointers for follow-up works, in addition to providing scientific
understandings by extending the current boundaries of this research string. From a
practical standpoint, such important insights could enable the formulation of
focused strategies for the implementation of circular business models as well as
policies and regulations relevant to the adoption of metaverse platforms for
boosting ACIN in SMEs. © 2024 The Author(s). Published by Informa UK Limited,
trading as Taylor & Francis Group.
Pinkse, J., et al. (2024). "Unlocking innovation for net zero: constraints,
enablers, and firm-level transition strategies." Industry and Innovation 31(1): 16-
41.
Transition pathways for net zero encompass seemingly insurmountable
innovation challenges for the scaling of less mature technological solutions such
as hydrogen, materials substitution, and electrification as well as societal
challenges to increase the market acceptability of these solutions. In this
article, we present a conceptual framework which provides a firm-level perspective
on net-zero innovation which has four unique characteristics, i.e. it is complex,
systemic, urgent, and directional. The framework shows that the input, process, and
output constraints that incumbent firms face in the net-zero transition can be
tackled through four firm-level innovation levers–i.e. recombinative,
collaborative, integrative, and socio-cognitive capabilities–which, in concert, act
as enablers for firms to address these net-zero constraints. We conclude the
article by outlining the framework’s main insights for firms’ innovation strategies
for net zero and the policy implications. We also propose avenues for future
research on net-zero innovation. © 2023 The Author(s). Published by Informa UK
Limited, trading as Taylor & Francis Group.
Poponi, S., et al. (2023). "Value optimisation for the agri-food sector: A circular
economy approach." Business Strategy and the Environment 32(6): 2850-2867.
Adopting circular economy principles in the agri-food sector is necessary for
the conversion of the current economic system. However, there are still many gaps
in understanding how the development of circular dynamics within companies can take
shape. This study investigates how circular economy principles and factors
contribute to value optimisation and proposes a critical discussion and reflection
on the economic, social and environmental issues within the agri-food sector supply
chain. Multiple-case analysis was conducted to analyse 10 companies. Circular
economy principles and factors considered were taken from the BS 8001 standard.
Results show two scenarios and three dimensions in which value optimisation takes
place. In addition, collaboration is the key to starting a path of optimisation.
Finally, the study proposes the evaluation of a new indicator that allows one to
act in all different scenarios proposed. © 2022 The Authors. Business Strategy and
The Environment published by ERP Environment and John Wiley & Sons Ltd.
Prieto-Sandoval, V., et al. (2023). "Circular Clock Model for Circular Economy
Implementation in Firms: Balance Between Theory and Practice." Journal of
Industrial Engineering and Management 16(2): 186-204.
Purpose: The circular economy is a key issue for any company, city, or
institution. The linear economy model, based on “take, make, use and waste” of
products and resources, has discarded potentially valuable resources and caused
serious contamination problems. In contrast, the circular economy (CE) model is a
strategic paradigm whose purpose is to regenerate and conserve resources through
closed material loops and the sustainable use of energy in its processes.
Therefore, a growing number of companies are applying different tools and
techniques to implement the CE principles to innovate their products, services, and
processes, achieving promising results. Thus, the main objective of this study is
to suggest an implementation model named “Circular clock” based on a set of tools
and techniques which firms may use for implementing CE.
Design/methodology/approach: The paper presents an empirical analysis based on the
triangulation method that includes three different data sources: semi-structured
interviews in Spain, academic literature and books, and non-academic publications
from institutions and consultancy firms. Findings: The most relevant result of this
study is the proposal of a Circular Clock model for circular economy implementation
is based on six fields of action define in the academic literature: take, make,
distribute, use, recover, and industrial symbiosis. Moreover, this study may serve
as guidance in facilitating the strategic adoption of eco-innovation practices in
firms' transition to a CE. Research limitations/implications: The sample of
companies that participated in the triangulation is exploratory; however, this
limitation is overcome by reviewing academic literature and institutional reports.
On the other hand, academics could expand the selection of tools with subsequent
studies. Practical implications: The current study is based on the triangulation
method, which was vital to balance the theory and practice provided by academic
sources, reports, and books. In addition, this study has improved our understanding
of the goals or intentions that may motivate firms to implement the CE and align
them with the suggested set of tools. Consequently, this study is relevant to
support practitioners in selecting a tool based on the goal they want to achieve
towards circular economy implementation. Social implications: This research
suggests several tools; however, each organization could adapt some that it already
knows. Therefore, firms and implementation leaders should customize the circle with
short lines in each case. Moreover, the clock bells represent the deadline
considering that every CE implementation process requires a deadline to ensure its
success in micro-level or firms. Originality/value: The “circular clock” provides a
didactic way for sustainability leaders, consultants, or companies to facilitate
the implementation of the circular economy by choosing the field of action on which
they want to focus and the most appropriate tool according to their strategy,
objective, and budget. Therefore, this model is based on the balance between theory
and practice. © 2023, OmniaScience. All rights reserved.
Provensi, T., et al. (2024). "SUSTAINABILITY AND INNOVATION IN THE PET INDUSTRY: AN
ANALYSIS FROM THE PERSPECTIVE OF ECOLOGICAL MODERNIZATION THEORY." RAE Revista de
Administracao de Empresas 64(3).
This study aims to analyze the sustainability and innovation of practices
adopted by startups in the pet industry, from the perspective of the Ecological
Modernization Theory (EMT). A multiple case study was conducted involving 25
Brazilian startups. Data collected from interviews with owners and managers of
these organizations were evaluated through content analysis. The findings reveal
that the practices of pet industry startups are partially aligned with the EMT.
There is a significant presence of digitization and innovations in processes and
products, as well as initiatives focused on recycling, waste reduction, and
conscious consumption. The absence of public policies and strict regulatory
standards are the main identified barriers that hinder the adoption of a
sustainable strategic vision. The study bridges the EMT with organizational
reality, uncovers opportunities for collaboration in open innovation, and presents
practical actions for advancing sustainability in organizations. © (2024), (SciELO-
Scientific Electronic Library Online). All Rights Reserved.
Purnomo, A., et al. (2024). "Leveraging green innovation and green ambidexterity
for green competitive advantage: The mediating role of green resilient supply
chain." Uncertain Supply Chain Management 12(4): 2683-2698.
To mitigate global environmental impact, the textile industry must integrate
environmental innovation and operational efficiency. This research delves into the
influence of Green Innovation (GIV) and Green Ambidexterity (GAD) on the attainment
of Green Competitive Advantage (GCG), with a specific focus on the crucial role
played by Green Resilient Supply Chain (GRC) that prioritizes sustainability. The
study employs a cross-sectional explanatory survey method, drawing data from 150
textile companies in Indonesia. To comprehend the dynamic relationships between the
variables at hand, the study adopts the Partial Least Squares Structural Equation
Modeling (PLS-SEM) approach. The findings demonstrate that Green Ambidexterity and
Green Innovation directly enhance Green Competitive Advantage while also indirectly
contributing through the establishment of Green Resilient Supply Chain. These
results affirm that sustainable practices and Green Innovation are pivotal
components of business strategies that align with regulatory and social
expectations and bolster firms' competitive positioning. The implications of this
study offer valuable insights for stakeholders, enabling them to formulate
strategies that incorporate sustainability aspects into their business operations
to achieve optimal outcomes in a fiercely competitive market context. © 2024 by the
authors; licensee Growing Science, Canada.
Quintás, M. A., et al. (2023). "Is the hotel industry really committed to the
environment? Answering using the business models framework." Service Business
17(1): 395-428.
This paper conceptualizes Environmental Business Models in the hotel industry
as the result of a balanced emphasis on several initiatives regarding value
proposition, value creation and value capture. It tests how this framework affects
120 Spanish hotel chains by assessing their sustainability reports and websites.
The results show that Environmental Business Models are still poorly developed and
present uneven progress in their components. This may be a sign that managers are
currently using a partial perspective for environmental management with a focus on
value creation initiatives that mainly have a marketing or a cost impact. © 2023,
The Author(s).
Ries, L., et al. (2023). "Sustainable smart product-service systems: a causal logic
framework for impact design." Journal of Business Economics 93(4): 667-706.
Digital technologies can elevate product-service systems (PSS) to smart PSS,
which focus on performance rather than ownership and are considered a means for
dematerialization. However, transitioning to smart PSS does not guarantee
sustainability. To understand the impact of smart PSS holistically, we take a two-
pronged approach. First, we use the theory of change to conceptualize the causal
link between sustainable smart PSS and their ultimate impact. We develop a three-
step causal logic framework consisting of design, causation, and impact. Within
this framework, we identify the business model properties of sustainable smart PSS
as design characteristics and categorize the eventual impacts based on the triple
bottom line. We introduce the term multi-causal pathway to describe the causation
processes underlining the possibility of non-linearity and multi-causality. Second,
we conduct a systematic literature review to investigate the mechanisms linking
design and impact. Based on an analysis of 63 publications, we identify 17 specific
mechanisms and group them into four types: information, resource, empowerment, and
adverse mechanisms. Visualizing our results, we develop a morphological box as a
toolkit for managers to develop their own impact-oriented logic model by
identifying and activating the multi-causal pathway that fosters the desired
sustainability effects. Moreover, discussing our framework, we develop research
propositions and managerial questions for impact design. By linking the theory of
change with the business model impact, we contribute toward a conceptual synthesis
for understanding the impact of (sustainable) smart PSS. © 2023, The Author(s).
Ritala, P., et al. (2021). "Value creation and appropriation in economic, social,
and environmental domains: Recognizing and resolving the institutionalized
asymmetries." Journal of Cleaner Production 290.
Value creation and appropriation are much-studied processes in business and
management fields. However, both academia and business practice have traditionally
focused on how value is created and appropriated in the economic context and by
economic actors. This overemphasis on economic logic has created institutionalized
asymmetries in managing the relationship between business, society and ecological
environment. In this paper, we broaden the value creation and appropriation
analysis along two dimensions: (1) the type of economic goods used to create value
(private and club goods, public goods and common goods) and (2) value creation and
appropriation domains (economic, social, and environmental). Building on this
framework, we argue that there are several institutionalized asymmetries in the
relationship between the goods used to create value and the domains in which the
value is eventually appropriated. We point out the system-level tendency of value
over-appropriation in the economic domain over the two other domains as well as
value over-appropriation in the social domain over the environmental domain. We
also discuss how existing organizational practices, such as corporate social
responsibility, shared value creation, and sustainable business models, have
attempted to overcome them, and reflect on the main critiques to these approaches.
Finally, we identify potential business-based solutions to the institutionalized
asymmetries and provide implications to research and practice. © 2021 Elsevier Ltd
Rodríguez-Rebés, L., et al. (2024). "The use and drivers of organisational eco-
innovation in European SMEs." Research in International Business and Finance 70.
European SMEs are key contributors to economic growth and contamination.
Driving eco-innovation (EI) within SMEs is crucial for achieving SDG goals, such as
clean energy, economic growth, Industry & Innovation. This study examines the
relationship between eco-innovation and organisational innovation among SMEs in
Europe and differentiates between the determinants for SMEs and large enterprises.
We employ binary logistic regression models with maximum likelihood applied to
Eurostat's CIS database categorised by company size. We analyse 8.094 companies
spanning nine countries, focusing on environmental innovation activities by
innovation type. Innovation in work responsibility and decision-making is the most
conducive form of EI, with a significant effect observed among SMEs higher than
large corporations. There are clear differences in drivers of organisational EI for
SMEs versus large enterprises, revealing that some of the most cited determinants
of EI, such as regulations or energy costs, are not relevant for SMEs. © 2024 The
Authors
Ronalter, L. M., et al. (2023). "ISO management system standards in the light
of corporate sustainability: a bibliometric analysis." TQM Journal 35(9): 256-298.
Purpose: This work aims to present existing management system standards
(MSSs) published by the International Organization for Standardization (ISO)
through a bibliometric analysis, thereby outlining their academic research status
and highlighting their relation to the Sustainable Development Goals (SDGs) as well
as to environmental, social and governance (ESG) themes.
Design/methodology/approach: The study firstly retrieves a preliminary set of MSSs
standards from ISO and filters it in accordance with certain exclusion/inclusion
criteria. Secondly, a bibliometric search is performed in the database Scopus.
Thirdly, performance analysis is conducted to quantitatively measure the scientific
output in academia, and science mapping of co-occurrences of keywords is applied to
identify related topics. Thereby, the standards’ relationships to sustainability
are outlined. Eventually, the work discusses future research opportunities.
Findings: The findings reveal that whereas research on MSSs focuses predominantly
on only a few standards by now, there are actually numerous further standards that
address sustainability-relevant topics, which are getting increasing attention
among scholars as measured by the number of publications. Therefore, an action plan
for future research is derived. Moreover, the findings support the argument of
integrating MSSs to cover a broad range of corporate sustainability issues.
Originality/value: The paper connects the concepts of MSSs and sustainability, an
upcoming research branch yet characterized by shortage of academic studies (given
that research continues to focus on a few standards such as ISO 9001, ISO 14001 and
ISO 45001). The work therefore opens up the line for more in-detail research on
less known but nevertheless sustainability-relevant ISO MSSs. © 2023, Louis
Maximilian Ronalter, Camila Fabrício Poltronieri and Mateus Cecilio Gerolamo.
Rousselière, D., et al. (2024). "How does the social economy contribute to social
and environmental innovation? Evidence of direct and indirect effects from a
European survey." Research Policy 53(5).
This study represents the first empirical attempt to conduct a cross-country
comparison of social economy (SE) enterprises with other enterprises in the
development of social and environmental innovation. Using data from a European
survey with >16,000 respondents, we estimate a bivariate probit model with
correlated random effects to identify the direct and indirect effects of the SE on
social and environmental innovation. We demonstrate that the primary impact of SE
enterprises on environmental innovation is through their influence on other
enterprises. We also identify the specific levers of innovation in SE and non-SE
enterprises. Our empirical findings are consistent with previous research on the SE
as a laboratory of innovation and a yardstick for transformative change. Our
original findings regarding contextual effects highlights a strong implication
advocating public policies to promote SE for its assumed benefits as well as the
tendency of SE to foster innovation within non-SE enterprises. © 2024 The Authors
Saha, K., et al. (2021). "Implementing circular economy in the textile and clothing
industry." Business Strategy and the Environment 30(4): 1497-1530.
This research reveals the current state of the circular economy (CE),
challenges and opportunities of implementing CE and interventions that could
facilitate effective implementation of CE in the textile and clothing (TC)
industry. The study uses a survey method within 114 TC companies based in
Bangladesh, Vietnam and India revealing the correlation of CE fields of action
(take, make, distribute, use and recover) with sustainability (economic,
environmental and social) performance. The lack of financial, technological and
human resources along with management's reluctance and end-user's indifference to
sustainability is the biggest challenge for CE implementation. The research further
derives that the TC firms are unable to eradicate the challenges to CE
implementation without a holistic approach that involves the collective effort from
the industry, host government's incentives, their buyers and above all the
conscience of the end-users. Finally, the study reveals that the collaborative
efforts, knowledge sharing in sustainability management across the value chain and
marketisation of the waste recycling, among others, are a few actions the
stakeholders of the TC industry must adopt for implementing CE successfully. © 2021
ERP Environment and John Wiley & Sons Ltd.
Saha, K., et al. (2024). "Sustainable practices in the animal health industry: A
stakeholder-based view." Business Strategy and the Environment 33(4): 3356-3382.
The animal health industry provides treatments and pharmaceuticals for live
animal welfare and it is essential to ensure food security and meet sustainable
development goals (SDGs). Still, its complexity makes it difficult to identify the
driving factors in the adoption of sustainability practices let alone offer
recommendations to foster their implementation, resulting in a comparative lack of
academic research in this area and several gaps in the overall comprehension of the
phenomenon. Building on the stakeholder theoretical framework and adopting multi-
country field research, this article offers both a theoretical and empirical
contribution, highlighting the role of stakeholder perceptions in driving the
adoption of ESI (environmental sustainable initiatives) and emphasising the need
for effective communication, transparency and a consistent educational framework.
Our findings also demonstrate that, by adopting overarching sustainability
approaches such as the ‘One Health’ philosophy, animal health firms can integrate
environmental sustainability initiatives into their operations, embedding the
expectations and priorities of various stakeholders. This holistic approach will
not only promote the well-being of animals and humans but also help protect
ecosystems and ensure the long-term viability of the veterinary pharmaceutical
industry. © 2023 The Authors. Business Strategy and The Environment published by
ERP Environment and John Wiley & Sons Ltd.
Saha, P., et al. (2022). "Unleashing the Potential of the TQM and Industry 4.0 to
Achieve Sustainability Performance in the Context of a Developing Country." Global
Journal of Flexible Systems Management 23(4): 495-513.
Business organizations may be able to improve their Sustainability
Performance (SP) by adopting Total Quality Management (TQM) concepts combined with
Industry 4.0 (I4.0) technologies. This research has developed a model to
investigate the influence of TQM and I4.0 on SP. It also analyzes the mediating
role of TQM in the relationship between I4.0 and SP. A survey was conducted among
240 respondents employed in ready-made garment (RMG) industries in Bangladesh. A
Structural Equation Modelling (SEM) technique was used to analyze the collected
data. Research findings show that both TQM and I4.0 technologies have a significant
impact on the sustainable growth of the Bangladeshi RMG sector. Moreover, it is
observed that TQM mediates the relationship between I4.0 and SP. The findings show
that TQM helps to explain the relationship between I4.0 and sustainable
performance. This study will provide a guideline for industrial executives on
securing sustainability through the adoption of TQM concepts and I4.0 technologies.
We are not aware of any additional studies that look at the possible link between
TQM, I4.0, and SP, as well as the mediating role of TQM between I4.0 and SP. ©
2022, Crown.
Salamzadeh, A., et al. (2023). "Examining the effect of business model innovation
on crisis management: the mediating role of entrepreneurial capability, resilience
and business performance." Innovation and Management Review 20(2): 132-146.
Purpose: The onset of a crisis demands that businesses respond quickly and
effectively. So, it might be helpful to examine the effect of business model
innovation and how to increase its impact on better crisis management. This study
aims to discuss the aforementioned objectives. Design/methodology/approach: The
present study is applied in terms of aim and a quantitative descriptive survey
regarding the data collection method. The structural equation model with the
partial least squares approach and Smart PLS 3 software was used for the structural
analysis of the questionnaire. Findings: The findings revealed that business model
innovation could lead to better crisis management. In addition, the components of
entrepreneurial capability, resilience and business performance played a mediating
role. Research limitations/implications: Some factors may mediate the effect of
business model innovation on crisis management. Thus, future research can
investigate them and identify their impact. Practical implications: The present
study suggests that managers should re-examine business model processes and make
them innovative to improve crisis management. Originality/value: The present study
examines the factors that affect crisis management with an emphasis on innovation,
assesses the impact of mediating factors in this regard and attempts to provide a
model to facilitate better crisis management. © 2023, Aidin Salamzadeh, Samira
Mortazavi, Morteza Hadizadeh and Vitor Braga.
Sanni, M. and E. Verdolini (2022). "Eco-innovation and openness: Mapping the growth
trajectories and the knowledge structure of open eco-innovation." Sustainable
Futures 4.
Open innovation runs contrary to the individualistic mentality of traditional
corporate R&D implementation while embracing external cooperation in a complex
world. Our main motivation for the study is to assess and characterize knowledge
structure that represents radical transformation toward accelerating co‐development
of sustainable innovations. Our review points to the role of the open eco-
innovation research landscape as an emerging research domain of potential
contributions to sustainable development. Specifically, in this systematic
analysis, we apply exploratory, bibliometric, and network visualization techniques
to characterize the available knowledge in the field. We trace the growth
trajectory of this emerging literature and map the knowledge base of the open eco-
innovation (OE) research field. We conceptualised four phases of research domain
development and recognised that OE is at the acceleration phase. We emphasized that
a synthetic knowledge base is one of the basic ingredients of an open eco-
innovation model in addition to analytic and symbolic knowledge bases. Finally, we
highlighted what might seem to be budding theoretical perspectives underlining open
eco-innovation. © 2022
Santa-Maria, T., et al. (2022). "How do incumbent firms innovate their business
models for the circular economy? Identifying micro-foundations of dynamic
capabilities." Business Strategy and the Environment 31(4): 1308-1333.
The circular economy is promoted as a contributor to sustainable development;
however, the process of circular business model innovation remains under-explored
to date, hindering its implementation. Dynamic capabilities research provides a
theoretical perspective to explore how incumbent firms can innovate in rapidly
changing environments. An abductive qualitative research is done through an
exploratory multiple case study on 10 incumbents that implemented a circular
business model innovation. We identify 26 practices, aggregated in 12 micro-
foundations of the dynamic capabilities of sensing, seizing, and reconfiguring. By
integrating the few empirical studies characterizing dynamic capabilities for
sustainability-oriented business model innovation, we offer a comprehensive
framework of 33 practices. This study proposes that the most relevant practices for
circular business model innovation processes are adopting a lifecycle perspective,
employing sustainability-oriented instruments, ideating sustainable value
propositions, developing a sustainability strategy and culture, and engaging and
coordinating stakeholders in the business ecosystem. We also suggest seven
particularly relevant practices for long-term business model transformations (e.g.,
top management commitment), four for innovations focused on short and medium loops
of the circular economy (e.g., early customer engagement), and four for long loops
(e.g., business ecosystem coordination). This study corroborates and expands recent
research on dynamic capabilities for sustainability-oriented innovation and
provides practitioners with a set of 33 skills, processes, procedures, and
activities to be prioritized to successfully innovate their business models for the
circular economy. © 2021 The Authors. Business Strategy and The Environment
published by ERP Environment and John Wiley & Sons Ltd.
Saura, J. R., et al. (2023). "Leveraging SMEs technologies adoption in the Covid-19
pandemic: a case study on Twitter-based user-generated content." Journal of
Technology Transfer 48(5): 1696-1722.
The COVID-19 pandemic has caused many entrepreneurs and small and medium
enterprises (SMEs) to adapt their business models and business strategies to the
consequences caused by the pandemic. In order to identify the main innovations and
technologies adopted by SMEs in the pandemic, in the present study, we used a
database of 56,941 tweets related to the coronavirus to identify those that
contained the hashtag #SMEs. The final sample was analyzed using several data-
mining techniques such as sentiment analysis, topic modeling and textual analysis.
The theoretical perspectives adopted in the present study were Computer-Aided Text
Analysis, User-Generated Content and Natural Language Processing. The results of
our analysis helped us to identify 15 topics (7 positive: Free support against
Covid-19, Webinars tools, Time Optimizer and efficiency, Business solutions tools,
Advisors tools, Software for process support and Back-up tools; 4 negative:
Government support, Payment systems, Cybersecurity problems and Customers solutions
in Cloud, and and 4 neutral: Social media and e-commerce, Specialized startups
software, CRMs and Finance and Big data analysis tools). The results of the present
study suggest that SMEs have used a variety of digital tools and strategies to
adapt to the changing market conditions brought on by the pandemic, and have been
proactive in adopting new technologies to continue to operate and reach customers
in a connected era. Future research should be directed towards understanding the
long-term effects of these technologies and strategies on entrepreneurial growth
and value creation, as well as the sustainability of SMEs in the new era based on
data-driven decisions. © 2023, The Author(s).
Sawe, F. B., et al. (2021). "Assessing people-driven factors for circular economy
practices in small and medium-sized enterprise supply chains: Business strategies
and environmental perspectives." BUSINESS STRATEGY AND THE ENVIRONMENT 30(7): 2951-
2965.
Globalisation and technological advancements have increased the pressure on
small businesses to increase their productivity and to gain competitive advantages.
That pressure has been placed on the resources available, resulting in increased
environmental degradation as a result of the traditional linear model of make-use-
dispose. Circular economy (CE) practices offer the opportunity for sustainable
production based on the reuse-remanufacture and recycling of resources for small
and medium-sized enterprises (SMEs) to increase their sustainability, resulting in
enhanced performance levels in terms of business strategies and environmental
perspectives. But in academic literature, the role of people-driven factors (PDFs)
in the adoption of CE practices in the supply chains (SCs) of SMEs is limited.
Therefore, to fill this literature gap, this research looks at analysing PDFs for
the implementation of CE in the SMEs in developing countries in two phases. PDFs
are identified from an extensive literature review; a DEMATEL technique is then
employed to understand the significant influence of each factor in the adoption of
CE practices in SCs by dividing them into cause-effect groups. The findings show
that PDFs such as training and knowledge sharing, employee participation,
leadership and management plus strategic alignment are considered to be the most
important significant factors in the adoption. The findings of this study will help
industrial managers to understand the significance of the role of PDFs for
enhancing business strategies; these findings can reduce the negative environmental
impact in the adoption of CE practices in the SCs of SMEs.
Schäfer, D., et al. (2024). "The impact of public procurement on financial barriers
to general and green innovation." SMALL BUSINESS ECONOMICS 62(3): 939-959.
This study investigates whether public procurement mitigates or exacerbates
innovative enterprises' financial constraints. We distinguish between general and
environmentally beneficial innovative enterprises. Theory suggests that the
treatment effects of public procurement, particularly when mediated by the demand-
pull effect, may lower a company's funding constraints for innovation. We test this
theory with extended probit models allowing for endogenous treatment and selection.
The findings reveal a significantly positive treatment effect of public procurement
on the probability of facing financial constraints in both areas: general and
environmentally beneficial innovative activities. Thus, the principal implications
of this study are (1) that being an innovating SME exacerbates financial
constraints and (2) that strengthening SMEs' participation in European public
tenders would not contribute to lowering SMEs' financial constraints. On the
contrary, complementary grants or other financial incentives might be necessary to
substantially increase the SMEs' bidding rates in public tenders. Plain English
SummaryPublic procurement incre ases the chance of innovative firms, in particular
SMEs, to face financial constraints. This study investigates whether public
procurement mitigates or exacerbates financial constraints of enterprises with
general or environmentally beneficial innovative activities. The principal
implication is that owning a public procurement contract is no instrument to lower
innovative firms', in particular SMEs', financial constraints. On the contrary,
complementary grants or other financial incentives might be necessary to
substantially increase the SMEs' bidding rates in a public tender.
Schöggl, J. P., et al. (2024). "Barriers to sustainable and circular product design
– A theoretical and empirical prioritisation in the European automotive industry."
Journal of Cleaner Production 434.
Despite the increasing availability of tools and methods for sustainable and
circular product design (DfS), their uptake in practice is slow. This is also true
in the automotive industry, where DfS is an important measure for addressing the
industry's negative environmental and social impacts. To facilitate DfS
implementation, this paper uses an analytic hierarchy process (AHP) and offers, for
the first time, a classification and prioritisation of the barriers that need to be
overcome when implementing DfS into vehicle development processes. Based on a
systematic literature review and on an expert workshop, the top 15 DfS barrier
factors were derived and divided equally into five groups, following a multi-level
structure. These factors and groups formed the input for a survey-based analytic
hierarchy process with 38 European industry experts. The results show that
strategic issues are the most important barriers, followed by the group of
operational, personal, external, and tool-related barriers. Among the 15 barrier
factors identified, the top five were (1) an unclear link to profitability, (2)
lack of top management support, (3) difficulties in handling trade-offs, (4) high
operational costs, and (5) a lack of integration of DfS into corporate strategy.
The results indicate that while external constraints already exert pressure on
automotive companies, they still face particular challenges when attempting to
integrate sustainability into corporate strategies and in transferring such
strategies to DfS activities at the operational level. The study results may be
used to inform managerial policy and further research. © 2023 The Authors
Schupfer, H. and B. Soppe (2024). "Greening from within: the role of organisational
purpose shift in building internal legitimacy for fossil fuel incumbents' green
innovation." INDUSTRY AND INNOVATION.
Green innovation that reduces harmful emissions and impacts on the natural
environment is crucial in combatting the climate crisis. Yet, incumbents in carbon-
intensive industries struggle with its development due to their lack of
organisational commitment. We investigate how fossil fuel incumbents can overcome
this obstacle and build internal legitimacy for green innovation. Through a
longitudinal case study of a Norwegian oil major over 20 years, we highlight the
important role of organisational purpose shift. We derive a process model of how
fossil fuel incumbents can shift from a goal-based organisational purpose focused
on profitability towards a duty-based purpose connected to sustainability-oriented
values, building internal legitimacy for green innovation. Our study also
demonstrates that organisational purpose shift, when only selectively and gradually
realised, impedes full decarbonisation. We contribute to the literature on
innovation studies by discussing how organisational purpose shift and internal
legitimacy can enhance sustainable innovation in fossil fuel incumbents.
Segarra-Blasco, A., et al. (2024). "Circular economy and public policies: A dynamic
analysis for European SMEs." BUSINESS STRATEGY AND THE ENVIRONMENT 33(4): 3532-
3549.
Previous empirical studies have highlighted the importance of the
institutional framework in fostering a transition towards the circular economy
(CE). Adopting a dynamic approach, which merges three Flash Eurobarometer surveys
conducted in 2015, 2017 and 2021 into a single dataset, we observe the evolution in
the factors determining the adoption of CE practices. Firstly, using factor
analysis, our results indicate two groups of institutional drivers: knowledge and
environmental spillovers. Secondly, applying a multivariate probit model, we
observe that both spillovers have a positive effect on the adoption of the CE.
Finally, we find that the effect of knowledge spillovers remains relatively
constant, while that of environmental spillovers tends to increase. This suggests
that firms are increasingly benefiting from the adoption of circular practices by
their peers. Policymakers should take into account that a more intense knowledge
spillovers and a stronger institutional framework will increase the likelihood of
European small- and medium-sized enterprises (SMEs) adopting CE practices.
Sharma, M., et al. (2021). "Accelerating retail supply chain performance against
pandemic disruption: adopting resilient strategies to mitigate the long-term
effects." Journal of Enterprise Information Management 34(6): 1844-1873.
Purpose: Coronavirus disease 2019 (COVID-19) has disrupted global supply
chains, revealing dreadful gaps and exposing vulnerabilities. Retailers are
challenged to tackle risks and organise themselves to fit into the “new normal”
scenario. This global outbreak has established a volatile environment for supply
chains; it has raised the question of survival in the market, forcing companies to
rethink resilient strategies to be adopted for the post-pandemic situation to
mitigate the long-term effects of this virus. This study explores the priorities
for retail supply chains (RSCs) to align their business operations and strategies
for the post-pandemic world. Design/methodology/approach: This study has utilised
integrated full consistency model (FUCOM) – best–worst method (BWM) for assessment
of RSCs to enhance their business performance irrespective of pandemic disruptions.
The FUCOM has been employed to identify the priorities of determinants enhancing
business performance, whereas RSC strategies are evaluated using the BWM method.
Findings: The current study identifies “Collaboration Efficiency” as the main
criterion for accelerating the performance of RSCs in a dynamic social environment.
Also, the study concludes that “Order Fulfilment” and “Digital RSCs” are the most
appropriate resilient business strategies to mitigate the long-term effects.
Research limitations/implications: Supply-demand balancing is a challenging task at
the moment, but highly significant for the future. The pandemic disruptions have
placed intense pressure on retailers to deliver products as per consumers' changing
behaviours towards the purchase of essentials and other products. Hence, “Order
Fulfilment” and “Digital RSCs” should be adopted for meeting customer requirements
and to ensure sustainability in the post-pandemic business world.
Originality/value: This work sets out a comprehensive framework which will be
helpful for accelerating RSCs performance against pandemic disruption by adopting
resilient strategies to mitigate the long-term effects. © 2021, Emerald Publishing
Limited.
Singh, A. K., et al. (2023). "A strategic roadmap to overcome blockchain technology
barriers for sustainable construction: A deep learning-based dual-stage SEM-ANN
approach." Technological Forecasting and Social Change 194.
The adoption of blockchain technology in the sustainable construction
industry in India is slow. Existing literature in this area has primarily focused
on the potential applications of blockchain technology in construction but little
attention is given to the barriers, impeding its adoption. This study fills this
research gap by identifying the most significant barriers to adopting blockchain
technology for India's sustainable construction industry. The collected data were
analyzed via a two-stage PLS-SEM-artificial-neural-network (ANN) predictive
analytical approach. In total, 722 construction stakeholder surveys were conducted,
and the final model of barriers to adopting blockchain technology for sustainable
construction was statistically validated. This study's findings suggest that
significant organizational, technological, cultural, legal, security and government
barriers limit the adoption of blockchain technology for sustainable construction
in India. These findings also imply that effective legislative processes and
economic incentives are crucial for ensuring blockchain technology integration into
sustainable construction and for efficient implementation of practices. As a
further step, a roadmap is developed to support decision-makers in overcoming these
barriers in the short, medium, and long terms. Finally, multi-tiered strategies
that construction mapping, sustainability, and integration should be adopted to
ensure the successful integration of BT into sustainable construction practices in
India. © 2023 Elsevier Inc.
Singh, J., et al. (2023). "Drivers, barriers and practices of net zero economy: An
exploratory knowledge based supply chain multi-stakeholder perspective framework."
Operations Management Research 16(3): 1059-1090.
Over the past decade, there has been a constant spotlight on introducing
sustainability in the supply chain (SC). The materialistic human greed for
production and consumption has led to a radically increased level of greenhouse
gases. SC has become its principal contributor. We are addressing this socio-
economic environmental challenge by developing a multi-stakeholder framework and
focusing on a knowledge-based net zero supply chain, as there are no concrete
existing studies that have investigated current state-of-the-art operations in this
relevant field. Therefore, this research has been conducted to investigate the
drivers, barriers and practices through which net zero economy (NZE) can be
attained in a knowledge-based SC. In this regard, the paper conducts an exploratory
systematic review of selected articles from peer-reviewed journals. The findings
indicate that primary stakeholders (i.e. organisations and suppliers) require to
take an active role in bringing about sustainable changes in practice. However,
external perspectives (i.e. government, society, consumers and community) have also
been identified as sources that create challenges as well as have the potential to
aid sustainable industrial practices. Additionally, progress can be enhanced
through proper policies, regulations and a knowledge-based conceptual framework to
pave the way for a sustainable environment. Proper practices for NZE also provide
scope for economic growth through cost-effective production. This paper will be
beneficial for practitioners as well as policy makers on a global scale who aim to
attain NZE for sustainability. © 2022, The Author(s), under exclusive licence to
Springer Science+Business Media, LLC, part of Springer Nature.
Smith, H., et al. (2022). "SMEs engagement with the Sustainable Development Goals:
A power perspective." JOURNAL OF BUSINESS RESEARCH 149: 112-122.
The Sustainable Development Goals (SDGs) are a call to action for
governments, companies and communities to rebalance the relationship between the
economy, the environment and society. Although companies represent a vital partner
in achieving the SDGs, the discussion about the involvement of Small and Medium
Enterprises (SMEs) in such goals is scarce. Drawing upon the 'powercube' approach,
this research investigates what sustainable development means to SMEs, how they
view the SDGs and why they engage - or do not engage - with such goals. Sixteen
face-to-face interviews were conducted within rural and urban locations in the UK.
The results show that although SMEs are interested in sustainable development,
power dynamics impede their understanding and implementation of SDGs guidelines.
This research offers to SME managers actionable insights on SDGs' implementation
strategies and it provides a research agenda on how institutions and stakeholders
can facilitate SMEs adoption of SDGs.
Soluk, J., et al. (2023). "Small steps for the big hit: A dynamic capabilities
perspective on business networks and non-disruptive digital technologies in SMEs."
Technological Forecasting and Social Change 191.
This study explores how small and medium-sized enterprises (SMEs) build on
business networks to develop dynamic capabilities that ultimately foster the
adoption of non-disruptive digital technologies (DT). Multiple mediation analysis
is used to test this relationship, drawing on cross-industry secondary data from
1470 British SMEs. The results reveal that SMEs rely on business networks to
support non-disruptive DT adoption. This relationship is mediated by the parallel
effects of three dynamic capabilities (HR, strategic planning, and marketing
capabilities). However, the results do not hold for each domain-specific dynamic
capability. The mediating effect is particularly driven by marketing capabilities,
while HR capabilities negatively affect DT adoption. These findings highlight the
underlying mechanisms by which SMEs can enhance their adoption of non-disruptive DT
in their daily operations and processes, which have the potential to strengthen
their value proposition. © 2023 The Author(s)
Soni, V., et al. (2023). "Adaptive distributed leadership and circular economy
adoption by emerging SMEs." JOURNAL OF BUSINESS RESEARCH 156.
Extant literature has identified the role of leadership skills in
facilitating circular economy (CE) adoption. However, this claim is underexplored
in the empirical literature. Similarly, examining the nexus in small and medium-
sized enterprises (SMEs) from an emerging market context is limited. We address
these gaps by exploring CE through the adaptive distributed leadership lens and
developing a theoretical model for business innovation. We collected data using
semi-structured interviews with 30 process-intensive SME managers in India. The
findings suggest that distributed leadership facilitates CE adoption. It emphasises
the importance of an environment where power-sharing, delegation, decision-making,
authority-sharing, and a collaborative mindset are permitted. These invariably
develop trust, skill sets and employee confidence, facilitating CE adoption. Our
research offers several theoretical contributions. First, we highlight the
relevance of the human element in CE adoption by emphasising the role of
distributed leadership. We also contribute to the distributed leadership literature
by showing its relevance to understanding significant business transformations such
as adopting CE practices. Furthermore, we provide a model that demonstrates the
conditions necessary to facilitate innovation and a creative organisational
culture. Our study is one of the first to explore the importance of distributed
leadership in facilitating CE practices. The findings provide practical insights
into how CE can be adopted in SMEs, especially in emerging markets.
Spadafora, M. and M. Rapaccini (2024). "Bridging the gap between servitization and
social innovation." Journal of Cleaner Production 452.
This paper explores the social implications of servitization and unveils the
connections between servitization and social innovation. To substantiate these
claims, the research elucidates three core concepts of social innovation, namely
processes, instruments, and outcomes. The processual view of social innovation
examines how societal changes unfold; the instrumental view focuses on tools and
mechanisms driving these changes; and last the outcomes view analyses the resultant
benefits. The paper reviews systematically the literature on the social impacts of
servitization and, based on the mentioned views uses the literature findings to
inductively develop three propositions and demonstrate that servitization can
represent a form of social innovation, thus capable of profoundly reshaping
industrial societies and contributing to progress and people's well-being. In sum,
the paper shows the social implications and benefits related to servitization of
manufacturing firms and suggests the research priorities in this domain for
servitization scholars. © 2024 The Authors
Su, L. M., et al. (2022). "Blockchain-Driven Optimal Strategies for Supply Chain
Finance Based on a Tripartite Game Model." JOURNAL OF THEORETICAL AND APPLIED
ELECTRONIC COMMERCE RESEARCH 17(4): 1320-1335.
Applying blockchain to supply chain financing is an effective way to solve
the problems of financing difficulties, high financing costs, and slow financing
for small and medium-sized enterprises (SMZEs). Using evolutionary game theory,
this study constructs a tripartite game model and analyzes the influence of
blockchain technology on the evolutionary stability strategies for financial
institutions (FIs), core enterprises (CEs), and SMZEs, in which the default losses
of CEs and SMZEs are assumed to be dynamic. The results of this study are as
follows: (1) When CEs and SMZESs' default losses are lower than some critical
value, they tend to break their promises. (2) When accounts receivable are greater
than some critical value, CEs cannot repay on time because they can make a
relatively large profits from delayed repayment, whereas SMZEs can be constrained
to be trustworthy. Finally, the results using numerical simulation show that both
relatively large default losses and enough large, trustworthy income sources can
make CEs and SMZEs tend to keep their promises; in turn, CEs would be non-paying
and the SMZEs tend to be trustworthy for relatively large accounts receivable. The
results provide theoretical support for realizing healthy and sustainable
development for supply chain finance.
Suchek, N., et al. (2021). "Innovation and the circular economy: A systematic
literature review." Business Strategy and the Environment 30(8): 3686-3702.
The circular economy emerged as an alternative model to the linear system,
which now appears to be reaching its physical limitations. To transition to a
circular economy, companies must not only be aware of but also engage in more
sustainable practices. For such a transition, companies must rethink and innovate
their business models and the ways they propose value to their clients while
simultaneously considering environmental and social facets. This systematic
literature review sought to map out from the company perspective the key topics
interrelated with innovation and the circular economy, describing the internal and
external factors to consider in such transition processes. Key lines of research
were identified, and suggestions for future research and for facilitating movement
toward a circular economy are provided. This work contributes to deepening the
literature by identifying the priority areas concerning the circular economy and
encouraging future research that meets international standards of excellence. ©
2021 The Authors. Business Strategy and The Environment published by ERP
Environment and John Wiley & Sons Ltd.
Sumrin, S., et al. (2021). "Eco-innovation for environment and waste prevention."
Journal of Business Research 122: 627-639.
Ecological environment and awareness of waste management have pushed firms to
adopt innovation for attaining a competitive advantage. Firms are keen to adopt
eco-innovation packaging, to follow its responsibility towards the environment and
contribute to waste prevention. Regardless of innovative technological advancement,
expanding the number of global supply chains for items has prompted the utilization
of packaging and related waste all along the supply process. Consequently,
packaging causes difficulties and offers opportunities for environment. Innovation
in packaging has been studied as part of product eco-innovation, but mostly at an
anecdotal level. Research calls for studies to examine factors that make eco-
friendly packaging innovation more effective. This paper aims to examine the eco-
innovation of packaging to understand how managerial environmental awareness;
technological capabilities, human capabilities and organizational capabilities
contribute to the implementation of eco-design innovation in packaging and its
impact on waste prevention and brand. © 2020 Elsevier Inc.
Suriani, S., et al. (2024). "Driving cost efficiency through operational excellence
and sustainability of SMEs in Barru Regency, South Sulawesi, Indonesia."
International Journal of Management and Sustainability 13(2): 448-464.
This research aims to analyze the factors that influence the cost efficiency
and operational excellence of SMEs in Barru Regency, South Sulawesi. This research
also aims to examine the direct and indirect influence of the cost efficiency and
operational excellence on increasing SME productivity. Formulate a model for cost
efficiency, acceleration, and sustainability of SMEs in Barru Regency. This
research uses a qualitative-quantitative concurrent triangulation approach. Data
was collected through observation, in-depth interviews, surveys, and documentation
involving 219 respondents, and quantitative data was analyzed using SMART PLS. The
research results show that the factors that influence cost efficiency and
operational excellence in SMEs are technology, quality improvement, operational
resilience and continuity, and operational targets. Reviewing raw material costs
and direct labor costs for SMEs can achieve cost efficiency. Cost efficiency will
increase the competitive advantage of SMEs. Apart from that, there is a direct
influence of 63.8% and an indirect influence of 84.8% on cost efficiency and
operational excellence on the sustainability of SMEs, indirectly increasing
productivity in aspects of product quality, production continuity, and operational
targets will accelerate SMEs in Barru Regency. The study concluded that cost
efficiency drives SMEs acceleration by fostering operational excellence, which in
turn promotes SME sustainability. © 2024 Conscientia Beam. All Rights Reserved.
Taneja, S., et al. (2024). "Is FinTech Implementation a Strategic Step for
Sustainability in Today's Changing Landscape? An Empirical Investigation." IEEE
Transactions on Engineering Management 71: 7553-7565.
In today's changing landscape, digitalization and sustainability are the core
drivers for financial services industry transformation. While both concepts have
been researched in recent years, their intersection, often conceived as 'FinTech,'
remains underdetermined. The literature in this domain has emerged recently and is
characterized by a specific focus on isolated aspects of FinTech and does not
provide a comprehensive perspective on the topic yet. To fill this gap, this
article explores linkages between process-related indicators and sustainable
performance outcomes resulting from FinTech implementation. This article analyzed
the interplay of technology-organization-environment based FinTech framework
including sustainable technology orientation (STO), efficiency, environmental
performance, and organizational value creation (VC), through in-depth interviews
and a structural model. The comprehensive framework was tested using 303 survey
responses. The findings indicate the relative significance of proposed linkages of
the process-related indicators and the variables, namely STO, efficiency, and
environmental performance, leading to VC. The article contributes to the ongoing
debate on environmental sustainability through sustainable operations management
and VC using cutting-edge technologies. The managers can draw upon the findings to
improve their understanding of the factors for creating value through improved and
STO, efficiency, and environmental performance of FinTech applications. © 1988-2012
IEEE.
Testa, S., et al. (2024). "The role of electronic waste management solutions and
message framing in influencing consumer behaviours: Exploring the crowdfunding
context." Business Strategy and the Environment 33(2): 917-929.
Electronics waste (e-waste) is the fastest growing category of hazardous
solid waste in the world. While the generation of e-waste has recently attracted
the attention of a number of researchers, currently, there is little awareness on
its management, monitoring, and control among the consumers of crowdfunding
platforms. This is surprising because the supporters (backers) of crowdfunding are
usually considered as disruptive innovators by other stakeholders. In this light,
this research explores the role of e-waste management solutions and the formulation
of “message framing” in influencing consumer behaviours in crowdfunding contexts.
To do this, this study involves an in-depth investigation of fund-raising campaigns
focused on e-waste, which were promoted between 2009 and 2020, through
Kickstarter's reward-based crowdfunding platform. The results show that
environmentally sustainable projects focused on waste reduction and pollution
prevention are generating increased funds and triggering the interest of a number
of crowd investors who are willing to finance such laudable initiatives. At the
same time, the findings suggest that the fundraisers' elaborate framing messages on
environmental protection and on the preservation of the natural eco-systems can
increase the likelihood of the success of their crowdfunding projects. This
contribution contributes to both environmental management and to the crowdfunding
literature. In conclusion, it offers practical implications for sustainable
entrepreneurs who may resort to crowdfunding platforms to raise finance to decrease
the accumulation of e-waste from the planet, as well as for other stakeholders
including governments, policymakers, and public agencies. © 2023 ERP Environment
and John Wiley & Sons Ltd.
Thetlek, R., et al. (2024). "INNOVATION MANAGEMENT AND IMPACT ON SOCIAL ECONOMY: A
PERSPECTIVE OF COMMUNITY ENTERPRISE IN A DEVELOPING COUNTRY." Journal of Governance
and Regulation 13(1 Special Issue): 264-276.
Today’s economic, social, political, technological, and environmental changes
pose numerous challenges. Organisations that fail to adapt and reflect their
organisational culture struggle to meet objectives and survive. Successful
organisations must embrace innovation (Dah et al., 2022). Community enterprises
(CEs), also referred to as social enterprises, possess a distinct advantage when it
comes to tackling socio-economic problems in marginalised communities. The
significance of CEs in addressing social challenges and delivering inventive, long-
lasting, and impactful social solutions is steadily increasing (Ngatse-Ipangui &
Dassah, 2019). This study explains innovation management and the effect of CEs on
the social economy in Nan, Thailand. Through qualitative research, eight key
informants were interviewed to assess the influence of CEs in Nan, Thailand. Data
analysis involved content analysis and NVivo software. The findings revealed that
innovation management allows CEs to develop new ideas and procedures efficiently,
enhancing productivity, profitability, and flexibility. CEs contribute to economic
growth, inclusion, and societal well-being, particularly in the digital age. They
generate jobs, offer innovative services and products, promote sustainability, and
inspire hope for the future. Governments, administrations, and organisations should
support CEs striving to improve the social economy, as these initiatives benefit
both the community and society as a whole. © 2024 The Authors.
Thomson, L., et al. (2022). "A maturity framework for autonomous solutions in
manufacturing firms: The interplay of technology, ecosystem, and business model."
INTERNATIONAL ENTREPRENEURSHIP AND MANAGEMENT JOURNAL 18(1): 125-152.
Significant advancements within the fields of digitalization,
electrification, and automation have enabled the development, testing, and
implementation of increasingly advanced autonomous solutions. Current examples of
industrial automation promise significant economic and sustainability-oriented
benefits for industrial customers. Yet, implemented autonomous solutions have
rarely advanced beyond 'islands of autonomy'. Although enabling initial
improvements in the efficiency and effectiveness of operations, they have not led
to the systemic process improvements that fully integrated site-wide solutions can
achieve. It is becoming increasingly clear that the major challenges in this shift
extend beyond technology to focus on business transformation and ecosystem
relationships. Yet, extant research offers few insights into these domains. There
is a need to develop a business-focused maturity framework for autonomous solutions
to contribute to a predominantly technical discourse and support equipment actors
and their wider ecosystems in commercializing autonomous solutions. Thus, the
purpose of this paper is to investigate how industrial equipment manufacturers can
align the development of technology, business models and ecosystem relationships
for the advancement of autonomous solutions. We build on case studies that include
32 interviews from four industrial equipment manufacturers and their extended
ecosystems of customers and partners. We capture our findings in a three-level
maturity framework for industrial autonomous solutions. This framework unwraps the
attributes of each level from the perspectives of technical system development,
ecosystem configuration, and business model design and is complemented by three
overarching principles for the successful commercialization of autonomous
solutions.
Tingbani, I., et al. (2023). "Environmental Tax, SME Financing Constraint, and
Innovation: Evidence From OECD Countries." IEEE Transactions on Engineering
Management 70(3): 1006-1025.
This article examines the impact of an environmental tax on small and medium
enterprise (SME) innovation and how SME financing constraint moderates this
relationship. Given the paucity of research on the implications of financing
constraints on SMEs' green innovative activities, the article adopts cross-country
panel data to investigate the impact of environmental tax on SME's innovative
activities across 24 OECD countries for the period 2000-2019. Results from our
article indicate that an increase in environmental tax leads to a decrease in SME
innovation. Furthermore, we also find that financing constraint positively
moderates the relationship between environmental tax and SME innovation. Our
findings shed new light on the theoretical and practical implications of financing
constraints on SMEs' green innovative activities. Managerial Relevance Statement:
This article aims to create awareness amongst managers of the implication of
environmental tax on SMEs financing constraints, thereby requiring managerial
decisions and strategies to avoid attracting environmental taxes to help them
innovate. Thus, the results of this article will assist SMEs managers in responding
to the impact of environmental taxes by pursuing policies that mitigate the impact
of environmental taxes. Besides, evidence of how SMEs. financing constraint
moderates the relationship between environmental tax and SMEs. innovation has been
provided in this article to guide managers. © 1988-2012 IEEE.
Toxopeus, H., et al. (2021). "How can firms access bank finance for circular
business model innovation?" BUSINESS STRATEGY AND THE ENVIRONMENT 30(6): 2773-2795.
Access to bank finance has emerged as a key challenge for firms engaged in
circular business model innovation (circular BMI), both in practice and in the
academic literature. Through interviews, focus groups and archival documents, we
document the experience of firms accessing finance for circular BMI and assess bank
willingness to lend to firms that engage in circular BMI. Our findings offer
potential strategies for firms who look for external (bank) finance to realise
circular BMI. Using a case study-based theory-refining approach, we identify three
core strategies that firms can use to obtain bank finance for circular BMI. First,
firms can signal future cash flow expectations by aiming to secure customer
contracts and preorders. Second, relationship building with banks, suppliers and
customers improves the banks' risk perception of firms. Third, firms can design
standardised, long-lasting circular assets that can serve as bank collateral,
especially once secondary markets develop, overcoming the difficulty of lending
based on innovative, firm-specific assets.
Trevisan, C. and M. Formentini (2024). "Digital Technologies for Food Loss and
Waste Prevention and Reduction in Agri-Food Supply Chains: A Systematic Literature
Review and Research Agenda." IEEE Transactions on Engineering Management 71: 12326-
12345.
Despite the benefits resulting from the use of Industry 4.0 technologies in
the agri-food sector, the adoption of digital technologies for preventing and/or
reducing food loss and waste (FLW) across the agri-food supply chain is still under
investigation. In fact, enhancing and optimizing agri-food supply chain operations
through digital technologies would just represent a partial effort if FLW
prevention and reduction are not effectively addressed. Although companies are
starting to adopt digital technologies for eliminating FLW from their operations,
the implementation process and the achieved results are generally presented at a
superficial level and practical guidance is still missing. This systematic
literature review contributes to theory by developing a framework analyzing the
state-of-the-art of adoption of each Industry 4.0 technology across the agri-food
supply chain, and providing a research agenda structured around the main themes of
research design, digital technologies, contextual differences, governance, and
sustainability. Eventually, the study also informs managers in the agri-food
industry about the potential implementation of digital technologies for preventing
and reducing FLW in across the agri-food supply chain. © 1988-2012 IEEE.
Trischler, J., et al. (2020). "A service ecosystem perspective on the diffusion of
sustainability-oriented user innovations." JOURNAL OF BUSINESS RESEARCH 116: 552-
560.
This article conceptualizes the diffusion of user innovations from a service
ecosystem perspective. With the focus on sustainable innovations, the service
ecosystem is evaluated, along with other systemic innovation concepts, as a
possible theoretical basis for explaining the first adoption and diffusion of user
innovations. It is proposed that an ecosystem perspective contributes three
assumptions that help to better understand the (non)diffusion of sustainability-
oriented user innovations: (1) innovation diffusion is a mull-level and -actor
phenomenon; (2) an actor-to-actor orientation integrates user innovators into the
ecosystem; (3) the service perspective defines innovation diffusion as an evolving
co-created process. The assumptions are translated into policy implications and
future research requirements for moving towards an innovation infrastructure that
considers the role and contribution of users in sustainable innovation.
Troise, C., et al. (2023). "How Can SMEs Use Crowdfunding Platforms to
Internationalize? The Role of Equity and Reward Crowdfunding." Management
International Review 63(1): 117-159.
Despite the exponential growth of crowdfunding in recent years, research on
the role it plays in business internationalization is still embryonal. Building on
the Resource Based View (RBV) and Knowledge Based View (KBV), this study explores
how SMEs can use equity crowdfunding (ECF) and reward crowdfunding (RCF) to
internationalize and the related potential limitations. Using an inductive
qualitative research design, based on multiple case studies of Italian SMEs, our
study showed that ECF and RCF models help SMEs in acquiring the financial resources
needed to internationalize and, at the same time, offer significant added value to
their internationalization. Our findings support the idea that ECF and RCF play a
key role in helping companies to overcome their resource limitations in regard to
internationalization, not only in terms of the provision of financial resources
but, above all, by compensating for any lack of knowledge on aspects relevant to
the internationalization process. Furthermore, our results show the limitations of
SMEs use of crowdfunding in order to internationalize (i.e., a lack of ad hoc e-
commerce policies in relation to equity crowdfunding and to the regulation of the
pre-ordering mechanism in the reward model). This paper concludes by discussing the
theoretical and managerial contributions to the international business domain, and
highlighting fruitful avenues for future studies. © 2022, The Author(s), under
exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.
Troise, C., et al. (2023). "Small and medium enterprises and sustainable business
models: Exploring enabling factors for adoption." JOURNAL OF MANAGEMENT &
ORGANIZATION.
An increasing number of small and medium enterprises (SMEs) are focusing on
sustainable development and on embracing sustainable business models (SBMs).
Despite the growing interest of academics and practitioners in SBMs, and the
benefits for stakeholders, there is limited knowledge regarding the factors
enabling SME transition toward SBMs, leading them to integrate sustainable
principles in their BMs. This study explores the enabling factors for SBM adoption
by SMEs and provides an improved understanding of this recent phenomenon.
Understanding what factors enable adoption of SBMs is crucial for both SMEs and
policymakers. The research uses an inductive qualitative research design approach
focused on multiple case studies. The findings reveal that both internal and
external factors play a key role in enabling SME transition toward SBM adoption.
The internal factors that emerged include openness, change of mindset, problemistic
search, social exchange, and resource valorization, while external factors included
markets change, technological innovation, stakeholders' influences, policy and
institutions.
Tuni, A., et al. (2024). "Risks in circular business models innovation: A cross-
industrial case study for composite materials." Business Strategy and the
Environment 33(4): 2771-2787.
Circular business models (CBMs) are key enablers to implement circular
economy (CE), yet they entail risks, which often discourage organisations. This
work aims to explore the main risk factors perceived by the manufacturing industry
in transitioning to CBMs to enable the development of appropriate risk management
strategies. A cross-industrial multiple-case study research design was used to
explore risk factors across seven organisations planning the transition to CBMs for
composite-based products and involving three different CBM types—‘Circular
Supplies’, ‘Product Life Extension’ and ‘Hybrid’. Results evidenced that risks are
multi-disciplinary but are not equally perceived across different CBM types.
Customers' perceptions of CE products, economic cycle and take-back systems were
prevalent across all CBMs. Supply and technological risks were prioritised for
‘Circular Supplies’ CBM, whereas political and regulatory risks for ‘Product Life
Extension’ CBM. This research contributes to the CE field by evaluating and
prioritising the perceived risk factors in transitioning to CBMs and first
disaggregating such risk factors according to CBM types. Critical risk patterns
identified across different industries and CBM types enable mitigating actions to
be prioritised. © 2023 The Authors. Business Strategy and The Environment published
by ERP Environment and John Wiley & Sons Ltd.
Tuni, A., et al. (2023). "Risk assessment for circular business models: A fuzzy
Delphi study application for composite materials." Journal of Cleaner Production
389.
Circular economy (CE) implementation requires the transition from linear
business models (BMs) to circular ones, with related uncertainties and multi-
disciplinary risks, which often discourage organisations. However, there is still a
lack of understanding of risks associated with this process. This work thus aims to
identify, classify and prioritise key risk factors for innovative circular BMs in
order to enable the development of appropriate risk management strategies. A fuzzy
Delphi method was tailored to assess the risk factors obtained from the literature
and was applied to the industrial case of composite materials. 24 major risk
factors for innovative circular BMs were identified and classified into six
categories. The probability and impact of the risk factors were evaluated by
experts and the risk factors were then ranked by calculating their risk scores. The
resultant major risks appeared to be related to the external context in which
organisations operate. Among those risks, the greatest were those generated by
take-back systems and low customers’ acceptance of CE products. This research is
the first to address risks for circularity in a structured way and contributes to
the field of CE by providing an extensive list and classification of risk factors
for innovative circular BMs as they are perceived by industry, acting as a
reference for academics and practitioners. Furthermore, it provides the first
evaluation and prioritisation of risk factors within the CE domain, highlighting
critical risks within the specific industrial context of composite materials and
suggesting action priorities for the establishment of circular BMs. © 2023 The
Authors
van Erp, T., et al. (2024). "Industry 5.0: A new strategy framework for
sustainability management and beyond." Journal of Cleaner Production 461.
Industry 5.0 (I5.0) can be described as the integration of sustainability,
resilience, and human-centricity into industrial value creation. A novel framework
for shaping a manufacturing strategy for the future Industry 5.0 paradigm is
proposed. The I5.0 strategy framework consists of two main elements: (1) a process
model and (2) a system model. The process model is based on the Design and
Operations (DesOps) methodology while the system model discusses a fluid physical
system as well as a fluid cyber system as relevant components of an I5.0
manufacturing system-of-systems. The research intends to contribute to the academic
and industrial discussion towards forming a more practical guideline for managing
the emerging I5.0 approaches and related technologies and to enable manufacturing
companies to improve and maintain their competitiveness in a future I5.0
environment. Additionally, the authors aim to expand the knowledge foremost in the
research field of strategy design and implementation by providing a decision-
support framework for facilitating sustainable, resilient, and human-centric value
creation. © 2024 The Authors
Veleva, V. (2021). "The role of entrepreneurs in advancing sustainable lifestyles:
Challenges, impacts, and future opportunities." Journal of Cleaner Production 283.
This paper examines the role of entrepreneurs in advancing sustainable
lifestyles (SLs) to address climate change and social inequity. It is based on
empirical study of eight U.S.-based sustainable entrepreneurs, focused on reducing
material consumption. While business has a key role to play, many large companies
are unwilling to promote SLs as this is contrary to their current business models
which are focused on growing consumption and sales. This presents an opportunity
for entrepreneurial companies with innovative business models who are passionate
about sustainability and social impact, and better positioned to take risks and
innovate. The research examined emerging business models for advancing SLs, key
success factors and challenges reported by the entrepreneurs, the social and
environmental impacts of their actions, and the future opportunities for scaling up
such practices. The study found that entrepreneurs are well positioned to address
simultaneously environmental and social issues, however, they lack resources to
effectively measure these impacts to demonstrate an overall positive benefit and
strengthen their value proposition. Promoting green attributes alone is not enough
to change the behavior of most consumers. It is critically important to emphasize
other benefits such as a product/service quality, time or cost savings, or social
impact. Social media, formal and informal sustainability networks, IT,
sustainability policies, and consumer awareness are key to developing viable
business models and competitive strategies that are difficult to replicate. The
study found that sustainable entrepreneurs often face “costly” sustainability
actions and lack the power to change „the rules of the game“; for this they need to
collaborate with other key stakeholders, including NGOs, policy makers, and
progressive companies. Based on the research findings the author proposes a new
framework for the role of sustainable entrepreneurs as civic and political actors
who not only offer innovative products and services, but help educate and influence
key stakeholders, develop informal sustainability ecosystem, and thus create
momentum for policy changes. © 2020 Elsevier Ltd
Vendrell-Herrero, F., et al. (2023). "Open and social: portraying the resilient,
social and competitive, upcoming enterprise." Journal of Enterprise Information
Management 36(1): 45-69.
Purpose: This article seeks to characterize and assess a new type of
resilient, socially conscious and competitive enterprise that simultaneously
encompasses open and social innovation – aligning both business and social outcomes
– and which will gain increasing importance in post-pandemic competitiveness.
Design/methodology/approach: A mixed method approach based on sequential deductive
triangulation analysis (QUAN/qual) is used. First, data gathered from the Chilean
innovation survey is used to quantify the percentage of firms implementing open and
social innovation simultaneously, and to assess their relative performance in
relation to other types of innovative firms. Second, a qualitative multiple-case
study analysis reveals the perceptions of senior managers regarding the
applicability of this approach in terms of building resilience and strengthening
future competitiveness in line with sustainable development goals. Findings: Social
innovation is a relatively rare event (7.2% of firms in the sample). While social
innovation occurs equally in monopolistic and perfectly competitive industries, the
authors’ findings suggest that in order to adopt social and open innovation
effectively, firms need to set entry barriers such as economies of scale. On the
other hand, open innovation is a more common event (15.4% of firms in the sample),
which correlates closely with absolute and relative performance indicators.
Moreover, the results suggest that open innovation enables a greater understanding
of societal needs, thus making social innovation more effective. Research
limitations/implications: Theoretical developments coupled with descriptive and
qualitative evidence reveal the innovative capabilities that up-and-coming
enterprises may possess. The findings suggest that at times of far-reaching
technological, social and political change, enterprises should share some of their
knowledge and resources with wider society. Only then will more equal, resilient
and cohesive societies be built. Originality/value: This article combines two
seemingly unrelated literature streams (open and social innovation) in order to
elucidate the enterprise of tomorrow, which will be capable of achieving
sustainable development whilst reaching high levels of competitiveness. © 2022,
Emerald Publishing Limited.
Venturelli, A., et al. (2022). "A dynamic framework for sustainable open innovation
in the food industry." British Food Journal 124(6): 1895-1911.
Purpose: This study aims to take a holistic perspective to investigate how
open innovation supports sustainability and the contribution to the Unite Nations
(UN) Sustainable Development Goals (SDGs). Design/methodology/approach: The study
is based on an in-depth single case study of Andriani SpA, a leading Italian
company in the food industry. The case is built by triangulating data from direct
observations, documentary analysis and semi-structured interviews. Findings: The
findings show an organization that has developed its competitive advantage by
adopting open innovation to embed sustainability in its strategy and business
model. The case study complements the understanding of how open innovation can
effectively drive strategic renewal and innovation activities to address
sustainability objectives in the food industry. Originality/value: This study
contributes to theoretical development by offering new and insightful explanations
of firms' strategic behaviour and coevolution toward sustainability via open
innovation. It provides practitioners, policymakers, researchers and students with
reflections and inspiration about how open innovation may be deployed to support a
holistic strategic renewal aimed at sustainability objectives, such as the SDGs, in
the food industry. © 2022, Emerald Publishing Limited.
Viale, L., et al. (2022). "Eco-innovation in the upstream supply chain: re-thinking
the involvement of purchasing managers." Supply Chain Management 27(2): 250-264.
Purpose: In a context of ecological transition, this study aims to explore
and understand what fosters the participation of purchasing departments and
identify the drivers and difficulties encountered during the development of eco-
innovation within firms. Design/methodology/approach: The authors adopt a
qualitative methodology that provides tools to study complex phenomena. In-depth
interviews with highly knowledgeable respondents from multi-sectoral organisations
enable us to explore the eco-innovation process within firms. Findings: From the
perspectives of resource-based theory and stakeholder theory, the study contributes
to the literature by investigating firms’ internal resources and exploring further
dimensions based on sustainable supply chain management and purchasing. Internal
stakeholders (e.g. purchasing agents) and external stakeholders (e.g. suppliers)
were identified with regard to the business eco-innovation activities of focal
companies in relation to upstream stakeholders. The authors examine this complex
phenomenon by raising certain intra- and inter-organisational factors, as well as
more individual aspects, such as the sensitivity of the purchasing manager to
ecological transition. Purchasing agents are involved in increasing the propensity
of organisations to eco-innovate and, as internal stakeholders, appear to be
influential in eco-innovation. Research limitations/implications: Given the nascent
state of eco-innovation practice and accessibility to primary data about ongoing
efforts, this research could not consider all possible drivers. Practical
implications: This study presents an opportunity for purchasing managers to
understand challenges more comprehensively to add value within the eco-innovation
process. The results highlight recommendations for how best to undertake eco-
innovation in upstream supply chains. Originality/value: The study provides new
insights into the constituent resources needed for purchasing participation during
eco-innovation to achieve sustainable competitive advantage. This paper is an
initial attempt at research in the area. © 2021, Emerald Publishing Limited.
Vieira Nunhes, T., et al. (2022). "Guidelines to build the bridge between
sustainability and integrated management systems: A way to increase stakeholder
engagement toward sustainable development." Corporate Social Responsibility and
Environmental Management 29(5): 1617-1635.
The balanced development and management of sustainability demands the
alignment of Corporate Sustainability (CS) strategy with management systems so that
sustainability can be effectively inserted into all organizational levels and thus
promote stakeholder engagement. Therefore, to support the development of CS, the
structure, processes, indicators, and instructions of Integrated Management System
(IMS) can be used. This study aims to propose guidelines for the alignment of CS
and IMS, based on the cross analysis of seven case studies. This objective was
achieved through the identification of elements that can positively or negatively
impact the alignment of CS with the IMS, which served as the basis for proposing
the guidelines to build a bridge for CS development from the IMS. This work brought
as a scientific contribution the upgrade of the block of knowledge on the
contributions between IMS and CS, bringing some validation of knowledge from
scientific articles in the real context of industrial companies, and additions and
refinements to the state of the art on the subject. In addition, the applied
contribution of the results stands out, which will provide managers with a
framework to intervene in organizations with structural modifications that will
make them greener, socially appropriate and more profitable, thus promoting the
achievement of the global goals of sustainable development proposed in Agenda 2030.
© 2022 ERP Environment and John Wiley & Sons Ltd.
von Delft, S. and Y. Zhao (2021). "Business models in process industries: Emerging
trends and future research." Technovation 105.
This article reviews the literature on business models in process industries.
The review reveals that the business model concept has gained an increasing amount
of attention in process-industrial research, but it also shows that the literature
exhibits a lack of construct clarity and that it is developing in different
domains, depending on the perspectives scholars have taken to study business models
in process industries. Specifically, while innovation management scholars have
explored the relationship between technological innovations and business models as
well as the process and outcomes of business model innovation, scholars from the
domain of production management have focused on value chain (re)configurations and
taken a system-based perspective to consider boundary-spanning exchanges with key
stakeholders in the design of business models. However, despite variance in the
perspectives, the review further shows that works in these divergent domains point
to a family of emerging themes and to common ideas that have not been explored
together. This allows us to identify the particularities of business models in
process industries and develop a definition of process-industrial business models,
which extends prior business model literature into the process industry context.
Furthermore, we synthesize these connections to develop an agenda for future,
cross-disciplinary research on business models in process industries that assists
cumulative theorizing and subsequent empirical progress. © 2020 Elsevier Ltd
von Kolpinski, C., et al. (2023). "The impact of internal company dynamics on
sustainable circular business development: Insights from circular startups."
Business Strategy and the Environment 32(4): 1931-1950.
The circular economy is commonly acknowledged as a solution to ecological
problems such as resource depletion and waste emissions. New economic opportunities
emerge by transitioning from a linear to a circular economy and innovative business
models are needed to translate these opportunities into business reality. In recent
years, researchers have investigated a variety of approaches to circular business
models, but few studies have been conducted associating internal company dynamics
with sustainable circular business approaches. Consequently, the purpose of this
study is to investigate the internal dynamics of young and small-scale companies in
Germany that adopt a sustainable circular business model. This study focuses on
internal barriers, enablers, competences and drivers to sustainable circular
business model implementation. A case-based research design was applied, drawing on
semi-structured interviews with 12 founders of businesses and organisations with a
sustainable circular business model. The study develops four strategies to overcome
barriers to sustainable circular business model adoption in young and small-scale
companies: (1) human-centeredness in all activities affected by circular business
model adoption, (2) high commitment for circularity on the managerial level, (3)
requirement of special skills and competences and (4) consideration of cultural
aspects inside and outside the company. Further empirical research about
established and international incumbents with a sustainable circular business model
is needed to be able to compare the internal dynamics of big and small companies in
international contexts. © 2022 The Authors. Business Strategy and The Environment
published by ERP Environment and John Wiley & Sons Ltd.
Wang, H., et al. (2022). "Unconventional path dependence: How adopting product
take-back and recycling systems contributes to future eco-innovations." Journal of
Business Research 142: 707-717.
Eco-innovation (EI) allows organizations to achieve environmental and
economic gains but the conditions for successful EI to occur are unclear. This
paper proposes that firms can improve their EI performance by adopting circular
economy (CE) systems and technologies, such as product take-back and recycling. We
thus explore an unconventional, systems- and technology-driven path dependence
dynamic leading to higher EI performance because of prior CE commitments (instead
of managerial initiatives directly aimed at fostering EI). An analysis of 724 firms
shows that the adoption of such technologies and systems puts firms on a
sustainability path: firms benefit from making further changes to improve the
functioning of these systems, which in turn create the conditions and capabilities
for future EIs. Environmental supply chain policies thus mediate the relationship
as the firm adopting take-back and recycling needs to involve outside partners in
their administration. Neither environmental management systems nor data protection
policies act as mediators. This is the first quantitative study that considers
take-back and recycling and EI scores with a cross-national-cross-sectorial sample
size. The results indicate that firms should see the introduction of CE systems and
technologies as an opportunity for EI. © 2021 Elsevier Inc.
Wang, N., et al. (2024). "Big data analytics capability and social innovation: the
mediating role of knowledge exploration and exploitation." Humanities and Social
Sciences Communications 11(1).
While many organizations have successfully leveraged big data analytics
capabilities to improve their performance, our understanding is limited on whether
and how big data analytics capabilities affect social innovation in organizations.
Based on the organizational information processing theory and the organizational
learning theory, this study aims to investigate how big data analytics capabilities
support social innovation, and how knowledge ambidexterity mediates this
relationship. A total of 354 high-tech companies in China, this study shows that
big data analytics management, big data analytics technology, and big data
analytics personnel capabilities all have positive effects on social innovation. In
addition, both knowledge exploration and knowledge exploitation play a mediating
role in this process. Furthermore, a polynomial regression and response surface
analysis shows that social innovation increases when knowledge exploration and
knowledge exploitation are highly consistent but declines when knowledge
exploration and knowledge exploitation are inconsistent. This study not only
provides new perspectives for understanding how big data analytics capabilities
contribute to social innovation, complementing the existing literature on big data
analytics capabilities and social innovation, but also provides important practical
guidance on how organizations can develop big data analytics capabilities to
improve social innovation and solve social problems in the digital age. © The
Author(s) 2024.
Watson, R., et al. (2024). "Engagement logics: How partners for sustainability-
oriented innovation manage differences between organizational logics." JOURNAL OF
PRODUCT INNOVATION MANAGEMENT.
Innovation partnerships frequently experience tensions due to differences in
partners' organizational logics. The literature recommends that partners adopt
collaborative, empathetic mindsets but even so, tensions can threaten outcomes and
partnership continuation. Difficulties can be exacerbated when firms engage
stakeholder organizations in sustainability-oriented innovation projects, where
each partner is seeking their own combination of social, environmental, and
economic objectives. This study explores strategic responses to these differences
in logics through eight case studies of sustainability-oriented innovation
engagements between a focal business and an external organization. The key finding
is that partners can respond to their differing logics by shaping a new "engagement
logic" that guides members of both (or all) organizations. A logic frame with four
value-related dimensions-value salience, instrumentality, temporality, and
language-allows a subtly idiosyncratic engagement logic to be created that is
acceptable to both parties. This classification of ingredients of a logic frame
forms a wider contribution to the institutional-logics literature. A complementary
range of logic practices is identified, covering logic emergence, logic enactment,
and boundary defining. The engagement logic aids the partnership by contributing to
four partnership-level generative outcomes: partnership commitment, capability
integration, scope flexibility, and system orientation. A notable finding is the
presence of a logic boundary, specified in work, time, and space, enabling the
engagement logic to co-exist with organizational logics; a research direction is
whether this boundary also exists in logics at organizational and field levels. The
study shows partnerships to be a new context within which novel logics can emerge,
contributing to an understanding of how logics evolve. How do partnerships for
sustainable innovation manage differences between their world-views? Many
successful collaborations go beyond the common advice to empathise with each other:
they define a joint "engagement logic" that applies to both parties, including a
set of common values, as well a range of practices that embed these joint values in
the partnership's work. image
Wrålsen, B., et al. (2021). "Circular business models for lithium-ion batteries -
Stakeholders, barriers, and drivers." Journal of Cleaner Production 317.
Business models for the circular economy, or circular business models, is a
growing field of research applied in various industries. Global sustainability
trends, such as electrification of the transport sector and increased energy
consumption from renewable sources, have led to rapid growth in the number of
batteries produced, especially lithium-ion based batteries. Sustainable lifetime
management, including end-of-life, needs development to avoid social and
environmental harm and potentially to recapture economic value as the use of these
batteries increases. Current research primarily focuses on technical and economic
issues based on recycling and the second use of batteries rather than circular
business models. This study's purpose is to explore the circular business models,
drivers, barriers, and stakeholders required to enable value recapturing. The
Delphi panel method was applied to communicate with battery experts from various
disciplines. The study's findings reveal that the favored circular business model
includes several circular strategies. According to the expert panel, the most
critical driver is national and international regulations and policies; the most
critical barrier is financial viability; the most critical stakeholders are
governments and vehicle manufacturers. © 2021 The Authors
Yang, J. and R. Liu (2022). "Can Private Enterprises Improve Their Technological
Innovation by Joining the Military Business? Evidence from China." Engineering
Economics 33(5): 540-553.
Military-civilian integration is an effective way to promote the development
of defence engineering, but existing studies have not given a clear answer whether
the participation of private enterprises in military business is conducive to
promoting technological innovation of enterprises. In this study, A-shared listed
companies in China from 2001 to 2018 were sampled, and the influence of their
participation in military business on technological innovation was investigated
using a multi-period difference-in-difference (DID) method. Results show that: (1)
by joining the military business, private enterprises can significantly strengthen
their R&D inputs and substantive innovation, thus promoting their technological
innovation. (2) The participation of enterprises in military business acts upon
substantive innovation outputs and further affects their technological innovation
through R&D input intensity. (3) Participation in military business exerts a
stronger positive promoting effect on enterprises in regions with a high
marketization level than in regions with a low marketization degree. By joining the
military business, SMEs are driven to enlarge their R&D inputs, while large
enterprises can enhance their innovation outputs. The policy implications of the
obtained conclusions indicate that it requires to be strengthened for private
enterprises participating in military business to help reduce their technological
innovation risks and improve the construction level of defence engineering
projects. © 2022, Kauno Technologijos Universitetas. All rights reserved.
Yang, Y. and Y. Jiang (2023). "Does suppliers’ slack influence the relationship
between buyers’ environmental orientation and green innovation?" Journal of
Business Research 157.
Although researchers have analysed how environmental strategy affects firm
competitiveness, they have often overlooked the potential influence at the supply
chain level. Building on the resource-based view and the behavioural theory of the
firm, this study examines the effect of buyers’ environmental orientation on their
green innovation and the influencing role of suppliers’ critical slack resources
(i.e., inventory slack, capacity slack, and technology slack). A panel data
regression method is used to analyse data on 689 buyer–supplier dyads from Chinese
listed manufacturing firms over the period 2008–2019. Our findings suggest that
buyers’ environmental orientation is positively related to their green innovation.
Suppliers’ capacity slack and technology slack positively moderate this
relationship, whereas inventory slack does not. This study contributes to the
growing literature on environmental management and supply chain management, and has
significant implications for managers. © 2022 The Authors
Yeboah, A. Y. O., et al. (2022). "A strategic framework for developing sustainable
value propositions." Problems and Perspectives in Management 20(4): 407-421.
The discussion on firms' sustainability performance has resulted in business
organizations becoming more conscious of sustainability issues and implementing
strategies to ensure sustainable value propositions. The purpose of this study is
to explore strategies that firms could use to develop sustainable value
propositions. Through an extensive literature review, the study proposed a
conceptual framework and further developed hypotheses suggesting that the
strategies such as stakeholder involvement, flexible decision- making, and social
and environmental values could influence sustainable value propositions. The
hypotheses were tested through quantitative research analysis using data collected
from owners/managers in 143 SMEs in the coastal areas of Ghana. The data supported
almost all the hypotheses, namely H1, H2, and H5-H8 with T-values and P-values of >
1.96 and < 0.05, respectively. This finding indicates that all three core
antecedents of sustainable value propositions contributed 78 percent of variations
in the model. However, contrary to expectations, the result also showed that
shareholder orientation and employee orientation with T-values and P-values of <
1.96 and > 0.05, respectively, did not support sustainable value propositions
resulting in rejecting H3 and H4. Despite this outcome, the study concludes that
all three strategies are relevant and valuable to firms in developing sustainable
value propositions. © Adwoa Yeboaa Owusu Yeboah, Abdul Bashiru Jibril, Petr Novak,
2022.
Zahoor, N., et al. (2024). "Grand challenges and emerging market small and medium
enterprises: The role of strategic agility and gender diversity." JOURNAL OF
PRODUCT INNOVATION MANAGEMENT 41(2): 473-500.
This paper examines the role played by strategic agility and gender diversity
in enabling the creation of value for grand challenges (VCGCs) by small and medium-
sized enterprises originating from emerging markets (ESMEs). ESMEs face significant
challenges due to the dynamic environments in which they operate and the limited
support they receive from formal institutions. In such contexts, strategic agility
enables ESMEs to drive VCGCs through responsible collaborative innovation. We
further argue that gender diversity is an important boundary condition that
influences the effect of strategic agility on VCGCs via responsible collaborative
innovation. Utilizing 228 survey responses from ESMEs originating from the United
Arab Emirates (UAE), our findings shed light on the vital role played by strategic
agility in enhancing ESMEs' VCGCs. Specifically, our findings indicate that
responsible collaborative innovation acts as an important mediating mechanism
between strategic agility and VCGCs. In addition, gender diversity emerges as an
important moderating factor in that, in the presence of more heterogeneous senior
management teams, the effect of strategic agility on VCGCs through the mediating
mechanism of responsible collaborative innovation is higher. These findings
contribute to the literature on dynamic capabilities, upper echelons, and grand
challenges by providing important insights into the mechanisms and boundary
conditions of VCGCs in the context of emerging market firms.
Zhang, Z. (2024). "Exploring the green edge: the role of market orientation and
knowledge management in achieving competitive advantage through creativity."
Humanities and Social Sciences Communications 11(1).
This study examines the interconnectedness between Green Market Orientation
(GMO) and Green Knowledge Management (GKM) in connection to Green Competitive
Advantage (GCA) within Chinese green businesses. This research also focuses on the
mediating influence of Green Creativity (GC). Drawing on the Knowledge-Based View
(KBV), we examine how GMOs and GKM improve enterprises’ green creativity and
subsequent green competitive advantage. Using a comprehensive survey of 325
environmentally conscious Chinese companies and an advanced PLS-SEM analysis, our
findings offer several important insights. Our findings reveal that GMOs
substantially affect both GC and GCA, highlighting their crucial role in fostering
a company’s innovative green capabilities and competitive position. Concurrently,
GKM positively affects GC and GCA, emphasizing the importance of effectively using
and leveraging green knowledge within businesses. Furthermore, we observe the
mediating role of GC in the relationships between GMO and GCA, as well as GKM and
GCA. This finding underscores the need to promote GC to maximize the advantages of
market orientation and knowledge management in attaining a green competitive
advantage. These results not only add to the existing KBV theoretical framework,
but they also have important implications for managers because they show how
important it is to fully incorporate green practices into an organization’s
strategy in order to gain a sustainable competitive advantage. © The Author(s)
2024.