An exploratory study into emerging market SMEs’ involvement in the circular Economy: Evidence from India’s indigenous Ayurveda industry

Pereira, Vijay; Nandakumar, M.K.; Sahasranamam, Sreevas; Bamel, Umesh; Malik, Ashish; Temouri, Yama

doi:10.1016/j.jbusres.2021.12.053

Cited by 42 publications

(33 citation statements)

References 90 publications

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“…According to institutional theory (e.g., Henrysson & Nuur 2021 ; Lee et al, 2020 ; Ranta et al, 2018b , Rosca et al, 2018 ; Scott, 2013 ), the informal institutions encompassed by the cultural dimensions of a country, with specific regard to the role of the entrepreneurial culture related to the CE, seem to actively stimulate the sustainability performance of B-Corporations toward a CE, as measured through the B-Impact Assessment Score developed by B-Lab. Indeed, the empirical findings are in accord with the assumption that sees informal institutions in the form of entrepreneurial culture as critical exogenous factors to build the suitable CE condition in the entrepreneurial ecosystem to stimulate firms to act in a sustainable manner, boosting their effective involvement in the CE-related activities (Pereira et al, 2022 ). This is especially true for B-Corporations, which, as hybrid-purpose business organizations in their business orientation aimed at integrating profit and sustainability goals, are systematically connected with the CE ecosystem, leading the B-Corporation model to be an effective mechanism of social entrepreneurship to dynamically absorb the cultural prominence of an entrepreneurial ecosystem toward a CE and translate it in an effective business action that performs from the development of self-tuning CE settings (Del Giudice et al, 2021b ).…”

Section: Discussionsupporting

confidence: 72%

Boosting circular economy via the b-corporation roads. The effect of the entrepreneurial culture and exogenous factors on sustainability performance

et al. 2023

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The study aims to analyze the role of informal institutions of Circular Economy (CE) as exogenous factors of improving the effectiveness of Benefit Corporation’ model. In detail, leveraging on the institution theoretical framework, it hypothesized that the level of entrepreneurial culture linked to CE at national level has a positive effect on the sustainability performance towards CE of Benefit Corporations. To this end, a sample of 301 Certified Benefit Corporations collected from the B-Lab dataset for the period 2008–2016 and located in eight European countries (Belgium, Denmark, France, Germany, Italy, Netherlands, Spain, United Kingdom) has been analysed. The findings show that the informal institutions englobed in the cultural dimensions of a country, with specific regard to the role of the entrepreneurial culture related to the CE, seems to actively stimulates the sustainability performance of Benefit Corporations towards CE, as measured through the B-Impact Assessment Score of the operated by B-Lab. The study provides some important implications for theory and practice. Indeed, it contributes to the literature on institutional theory applied to CE, revealing the effective role of informal institutions for the development of circularity and sustainability performance at firm level in the entrepreneurial ecosystem. Also, the full achievement of the sustainability goals of Benefit Corporations passes also through their strongly commitment towards the CE principles. Further, the incorporation of a culture characterized by high entrepreneurial principles towards CE will likely push individuals to build an entrepreneurial mindset for the effective and sustainable development of Benefit Corporations. Supplementary information The online version contains supplementary material available at 10.1007/s11365-023-00835-8.

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Section: Discussionsupporting

confidence: 72%

Boosting circular economy via the b-corporation roads. The effect of the entrepreneurial culture and exogenous factors on sustainability performance

et al. 2023

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“…These quadrants represent the status and trends of research in a knowledge base, for example (Pereira et al. , 2021, 2022): research topics placed in the upper right quadrant are fully developed in terms of their linkage with themes within the quadrant and themes of other quadrants and these themes are important for a knowledge base. The research topics arranged in the lower right quadrant are termed as base theme and these themes would grow as a motor theme in future.…”

Section: Findings and Discussionmentioning

confidence: 99%

International Journal of Sociology and Social Policy: a retrospective overview

Bamel¹,

Kumar

Bamel

et al. 2022

IJSSP

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PurposeThis paper aims to synthesize the knowledge published in the International Journal of Sociology and Social Policy since its inaugural issue to current issue, i.e. from 1981 to 2021, using a structured and systematic review technique.Design/methodology/approachIn order to achieve the objective of this paper, the authors have analysed the bibliometric metadata of 1,583 research documents published during the last four decades in International Journal of Sociology and Social Policy by employing a structural and quantitative literature review technique, i.e. bibliometric. Particularly, the authors used performance analysis and network analysis (intellectual and social network analysis).FindingsFindings reveal the performance metrics, i.e. productivity and citation performance of various constituencies of IJSSP such as authors, institutes, research articles etc. In addition, the authors constituted certain knowledge networks such as keywords co-occurrence, strategic map and social network.Research limitations/implicationsPresent systematic and objective review reveals the evolution and pattern of research publication in IJSSP, and this will help in predicting and setting the future course of knowledge creation such as emphasis on a particular theory or framework, reexamining the established assumptions and so on.Practical implicationsIn the wake of changing social policy dynamics, the present systematic synthesis helps in understanding the possible emerging areas of concerns both for practitioners and policymakers.Originality/valueThe present study is a first attempt that considers the entire research corpus of the journal and synthesizes it objectively and systematically.

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“…In addition, owing to the amount, geographical reach, ability and capability of employees, and working intensity of entrepreneurs to drive their ideas to function. These are the main building blocks of SMEs that help in economic development 2 . According to the recent report on US economic cooperation and development (2021), all the connected stakeholders, including small companies countrywide and SMEs represent market fluctuations, which is more than 90% of overall enterprises 3 , 4 .…”

Section: Introductionmentioning

confidence: 99%

The collaborative role of blockchain, artificial intelligence, and industrial internet of things in digitalization of small and medium-size enterprises

Khan

Laghari

Dootio

et al. 2023

Sci Rep

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Due to digitalization, small and medium-sized enterprises (SMEs) have significantly enhanced their efficiency and productivity in the past few years. The process to automate SME transaction execution is getting highly multifaceted as the number of stakeholders of SMEs is connecting, accessing, exchanging, adding, and changing the transactional executions. The balanced lifecycle of SMEs requires partnership exchanges, financial management, manufacturing, and productivity stabilities, along with privacy and security. Interoperability platform issue is another critical challenging aspect while designing and managing a secure distributed Peer-to-Peer industrial development environment for SMEs. However, till now, it is hard to maintain operations of SMEs' integrity, transparency, reliability, provenance, availability, and trustworthiness between two different enterprises due to the current nature of centralized server-based infrastructure. This paper bridges these problems and proposes a novel and secure framework with a standardized process hierarchy/lifecycle for distributed SMEs using collaborative techniques of blockchain, the internet of things (IoT), and artificial intelligence (AI) with machine learning (ML). A blockchain with IoT-enabled permissionless network structure is designed called “B-SMEs” that provides solutions to cross-chain platforms. In this, B-SMEs address the lightweight stakeholder authentication problems as well. For that purpose, three different chain codes are deployed. It handles participating SMEs' registration, day-to-day information management and exchange between nodes, and analysis of partnership exchange-related transaction details before being preserved on the blockchain immutable storage. Whereas AI-enabled ML-based artificial neural networks are utilized, the aim is to handle and optimize day-to-day numbers of SME transactions; so that the proposed B-SMEs consume fewer resources in terms of computational power, network bandwidth, and preservation-related issues during the complete process of SMEs service deliverance. The simulation results present highlight the benefits of B-SMEs, increases the rate of ledger management and optimization while exchanging information between different chains, which is up to 17.3%, and reduces the consumption of the system’s computational resources down to 9.13%. Thus, only 14.11% and 7.9% of B-SME’s transactions use network bandwidth and storage capabilities compared to the current mechanism of SMEs, respectively.

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An exploratory study into emerging market SMEs’ involvement in the circular Economy: Evidence from India’s indigenous Ayurveda industry

Cited by 42 publications

References 90 publications

Boosting circular economy via the b-corporation roads. The effect of the entrepreneurial culture and exogenous factors on sustainability performance

Boosting circular economy via the b-corporation roads. The effect of the entrepreneurial culture and exogenous factors on sustainability performance

International Journal of Sociology and Social Policy: a retrospective overview

The collaborative role of blockchain, artificial intelligence, and industrial internet of things in digitalization of small and medium-size enterprises

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