| Title | The influence of circular economy implementation on competitiveness in manufacturing companies |
|---|---|
| ID_Doc | 215 |
| Authors | Saari, UA; Schneider, M; Damberg, S; Herstatt, C; Lanz, M; Aarikka-Stenroos, L; Ringle, CM |
| Title | The influence of circular economy implementation on competitiveness in manufacturing companies |
| Year | 2022 |
| Published | |
| Abstract | As companies in the manufacturing sector are starting to incorporate circular economy targets in their strategies, they need to understand what capabilities and circular engineering solutions they should develop and implement, including their likely impact on the company performance. Based on survey data from manufacturing companies operating in Germany (N=111) collected in December 2021/January 2022, we present how the perceived level of circular economy, via the implementation of circularity into operations, products and services, influences the company's perceived competitiveness on the level of product/service innovativeness. The results indicate that employees in the companies perceive that the level of circular economy implementation (i.e., implementing circularity into operations, products and services) has a significant influence on the perceived product/service innovativeness and perceived competitiveness of companies that have already incorporated circular economy into their strategy. Furthermore, the data indicate that fostering a circular economy-oriented business culture alone is no longer enough for ensuring competitiveness. |
Similar Articles
| ID | Score | Article |
|---|---|---|
3625
|
Silva, PM; Santos, JF; Torres, AF Does the adoption of circular economy principles impact the value proposition and performance of companies? Effects on the origin and sector of activity of the companies(2024)International Journal Of Innovation And Sustainable Development, 18, 3 | |
| 1774
|
Gusmerotti, NM; Testa, F; Corsini, F; Pretner, G; Iraldo, F Drivers and approaches to the circular economy in manufacturing firms(2019) | |
| 717
|
De Angelis, R Circular economy: laying the foundations for conceptual and theoretical development in management studies(2021)Management Decision, 59, 6 | |
| 3627
|
Saari, UA; Damberg, S; Schneider, M; Aarikka-Stenroos, L; Herstatt, C; Lanz, M; Ringle, CM Capabilities for circular economy innovation: Factors leading to product/ service innovations in the construction and manufacturing industries(2024) | |
| 157
|
Cui, Y; Jiao, H How to build enterprise competitiveness: from circular economy perspective(2014) | |
| 1064
|
Khan, SAR; Umar, M; Asadov, A; Tanveer, M; Yu, Z Technological Revolution and Circular Economy Practices: A Mechanism of Green Economy(2022)Sustainability, 14, 8 | |
| 335
|
Suchek, N; Fernandes, CI; Kraus, S; Filser, M; Sjögrén, H Innovation and the circular economy: A systematic literature review(2021)Business Strategy And The Environment, 30, 8 | |
| 2141
|
Saidani, M; Yannou, B; Leroy, Y; Cluzel, F How to Assess Product Performance in the Circular Economy? Proposed Requirements for the Design of a Circularity Measurement Framework(2017)Recycling, 2, 1 | |
| 417
|
Barros, MV; Salvador, R; do Prado, GF; de Francisco, AC; Piekarski, CM Circular economy as a driver to sustainable businesses(2021) | |
| 20564
|
von Kolpinski, C; Yazan, DM; Fraccascia, L The impact of internal company dynamics on sustainable circular business development: Insights from circular startups(2023)Business Strategy And The Environment, 32, 4 |