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Title Fintech and SMEs sustainable business models: Reflections and considerations for a circular economy
ID_Doc 1803
Authors Pizzi, S; Corbo, L; Caputo, A
Title Fintech and SMEs sustainable business models: Reflections and considerations for a circular economy
Year 2021
Published
DOI 10.1016/j.jclepro.2020.125217
Abstract Following the operational paradigms proposed by Industry 4.0, the last years have been characterized by the rapid growth of technology-based firms increasingly adopting sustainable business models. In particular, an increasing number of Fintech enterprises have started to launch new services in order to avoid the organizational barriers that impact negatively on the voluntary adoption of sustainable business models by SMEs. However, research is still scarce in systematizing the efforts and identifying the facilitating factors for such a transition. Drawing on a diverse set of companies, case studies linking Fintech application and circular economy (CE) in diverse industries and contexts are analyzed and discussed. The findings of the qualitative analysis suggest that Fintech, an example of sectors developed under the influence of Industry 4.0, can play a relevant role in the transition of SMEs toward a more sustainable business model leading to better integration of circular economy practices. A conceptual framework using the ReSOLVE model is then presented with relevant implications for both research and practice. (C) 2020 Elsevier Ltd. All rights reserved.
Author Keywords Sustainable business model; Business model canvas; Circular economy; Fintech; ReSOLVE
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI)
EID WOS:000609019000010
WoS Category Green & Sustainable Science & Technology; Engineering, Environmental; Environmental Sciences
Research Area Science & Technology - Other Topics; Engineering; Environmental Sciences & Ecology
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