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Title Key strategies, resources, and capabilities for implementing circular economy in industrial small and medium enterprises
ID_Doc 2965
Authors Prieto-Sandoval, V; Jaca, C; Santos, J; Baumgartner, RJ; Ormazabal, M
Title Key strategies, resources, and capabilities for implementing circular economy in industrial small and medium enterprises
Year 2019
Published Corporate Social Responsibility And Environmental Management, 26, 6
DOI 10.1002/csr.1761
Abstract Small and medium enterprises (SMEs) are key actors in the implementation of the circular economy (CE) concept as a basis for creating sustainable societies. Thus, the main objective of this study is to identify key strategies and resources that may favor CE implementation in SMEs. These key strategies should encourage SMEs to develop eco-innovations to gain competitive advantage and create and capture value that is coherent with nature. A mixed-method approach that consisted of a literature review and a focus group for gathering qualitative data was used. This focus group was made up of experts such as researchers and practitioners from universities, sustainable SMEs, and consultancy firms in Spain. A set of strategies and internal and external factors were identified to help SMEs to implement the CE. Finally, some useful dynamic capabilities for implementing the CE in business performance were identified.
Author Keywords circular economy; competitive advantage; dynamic capabilities; environmental management; SMEs
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Social Science Citation Index (SSCI)
EID WOS:000496554500023
WoS Category Business; Environmental Studies; Management
Research Area Business & Economics; Environmental Sciences & Ecology
PDF https://onlinelibrary.wiley.com/doi/pdfdirect/10.1002/csr.1761
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