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Scientific Article details

Title Stakeholder engagement for sustainable value co-creation: Evidence from made in Italy SMEs
ID_Doc 73251
Authors Matarazzo, M; Oduro, S; Gennaro, A
Title Stakeholder engagement for sustainable value co-creation: Evidence from made in Italy SMEs
Year 2024
Published
DOI 10.1111/beer.12654
Abstract How Small and Medium Enterprises (SMEs) engage with stakeholders on their sustainable practices remains an under-researched topic in extant business research. This occurs even though SMEs play a tremendous role across all economies, and they often engage stakeholders on sustainability issues to foster their competitive advantage. In this article, drawing on stakeholder and innovation ecosystem theories, we use empirical evidence from multiple case studies of made in Italy firms operating in the fashion, food, and furniture industries to explore the proposed research model in the SME context. Our case studies analysis reveals the specific stakeholder engagement levels activated by SMEs to achieve Sustainable Development Goals (SDGs) for circular value co-creation. Furthermore, we find that the stakeholder engagement levels revolve chiefly around open dialog with local community and customers, involvement of employees, customers, and community, and cooperation with suppliers, Government, and Academy. Implications of the findings for researchers, managers, and policymakers are discussed.
Author Keywords made in Italy; SMEs; stakeholder engagement; sustainability; value co-creation
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Social Science Citation Index (SSCI)
EID WOS:001136726900001
WoS Category Business; Ethics
Research Area Business & Economics; Social Sciences - Other Topics
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