| Title |
Managerial decisions and new product development in the circular economy model enterprise: absorptive capacity and a mediating role of strategic orientation |
| ID_Doc |
4276 |
| Authors |
Stelmaszczyk, M; Pierscieniak, A; Abrudan, D |
| Title |
Managerial decisions and new product development in the circular economy model enterprise: absorptive capacity and a mediating role of strategic orientation |
| Year |
2023 |
| Published |
Decision, 50, 1 |
| DOI |
10.1007/s40622-023-00336-1 |
| Abstract |
The study explains the flow of knowledge in the circular economy model enterprises. We analyze the impact of managerial decisions on the absorptive capacity, which is new product development, considering the role of critical elements of strategic orientation (innovation and costs) in the textile industry. Based on the verification of hypotheses by employing the SEM method, innovation orientation is a mediator between adaptability-oriented decisions and transformation, and between adaptability-oriented decisions and exploitation. Ambidexterity-oriented decisions affect absorptive capacity. These findings semanticize and extend previous research, indicating that strategic activities focused on eco-innovations are transformed into the process of creating a new product. |
| Author Keywords |
Managerial decisions; Ambidexterity; Absorptive capacity; Product development; Circular economy; Structural equation modeling |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Emerging Sources Citation Index (ESCI) |
| EID |
WOS:000940199500002 |
| WoS Category |
Management |
| Research Area |
Business & Economics |
| PDF |
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