Knowledge Agora



Scientific Article details

Title 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
ID_Doc 3625
Authors Silva, PM; Santos, JF; Torres, AF
Title 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
Year 2024
Published International Journal Of Innovation And Sustainable Development, 18, 3
DOI 10.1504/IJISD.2024.138180
Abstract The alarming environmental reality of the planet demands the adoption of practices related to the circular economy principles. In the business world, more studies are needed to investigate the application of circular economy principles to stimulate companies to invest in innovative practices that can open new opportunities to enhance their competitive advantage. This study shows that implementing the circular economy principles can enhance the value proposition of the company to its customers and, therefore, generate financial and operational benefits for companies. The study also reveals differences related to the origin of the companies (domestic vs. foreign) and the sector of activity (industry vs. services) in adopting the circular economy principles. This research adds to the body of knowledge about the introduction of circular economy principles to the performance of companies.
Author Keywords circular economy; value proposition; business performance; Portuguese and foreign companies; sustainability; manufacturing; services; structural equation modelling
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Emerging Sources Citation Index (ESCI)
EID WOS:001240214500005
WoS Category Green & Sustainable Science & Technology
Research Area Science & Technology - Other Topics
PDF
Similar atricles
Scroll