Learning from Failure and Success: The Challenges for Circular Economy Implementation in SMEs in an Emerging Economy

Cantú, Andrea; Aguiñaga, Eduardo; Scheel, Carlos

doi:10.3390/su13031529

Cited by 59 publications

(136 citation statements)

References 83 publications

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“…In addition, the case study of a Colombian SME in the construction industry supports the hypothesis that having more women in managerial leadership positions can increase managerial environmental consciousness of an enterprise (Graafland, 2020). A Mexican case study find that managerial mindset of creative and problem-solving thinking can act as a catalyst to find ways of resolving issues around the environmental sustainability of companies (Cant u et al, 2021). A Bangladeshi case study conclude that KCE is the most relevant driver behind companies' transition (Moktadir et al, 2018).…”

Section: Micro-level Enablersmentioning

confidence: 67%

“…Roosendaal (2018) argues that entities face the issue of cultural barriers, namely the lacking consumer interest in circular products. However, this is mostly due to the higher prices of sustainable products (Ormazabal et al, 2018). Cant u et al (2021 report the same finding from Mexico, where consumer behavior is one of the main barriers standing in the way of SMEs' circular transformation.…”

Section: Macro-level Barriersmentioning

confidence: 99%

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The perspective of SMEs on the challenges of the circular economy in the 21st century Hungary

2021

Progress

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As the world is facing numerous global ecological issues at once, the question arises of what will help mitigate and solve contemporary matters related to resource management or climate change without devastating the economies. Fortunately, the widespread application of the circular economy would help countries worldwide simultaneously ensure economic growth without significant environmental deterioration, essentially decoupling the two factors. While Hungary’s contribution to environmental problems is not significant in absolute terms, the economic sector’s circular transition could help the country decrease its impact in relative terms and pave the path for a green economy. Nevertheless, companies, especially SMEs, tend to struggle the most with the initial phases of the shift thus it is crucial to assess the factors that prevent and support their transition.

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Section: Micro-level Enablersmentioning

confidence: 67%

Section: Macro-level Barriersmentioning

confidence: 99%

The perspective of SMEs on the challenges of the circular economy in the 21st century Hungary

2021

Progress

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Section: Literature Reviewmentioning

confidence: 99%

“…Mexican MSMEs are typically family owned, where the owner is the one who directs the company’s growth and transformation (Cantú et al, 2021 ). MSMEs operating in developing countries face various obstacles and challenges, for instance, poor strategic vision of owner–managers (Valdez-Juárez et al, 2021 ) and limited resources (Cantú et al, 2021 ). Particularly in Mexico, limited internet connectivity coverage (Valdez-Juárez et al, 2021 ), insecurity, high operating expenses and taxes hinder the development of MSMEs (INEGI, 2020 ).…”

Section: Literature Reviewmentioning

confidence: 99%

Characterizing Organizational Lifecycle through Strategic and Structural Flexibility: Insights from MSMEs in Mexico

Angeles

Pérez-Encinas

Villanueva

2022

Glob J Flex Syst Manag

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Today’s lifespan of companies tends to be low in the so-called micro-, small-, and medium-sized enterprises (MSMEs). Organizational life cycle (OLC) theory indicates that organizational aging is related, but not determined, by the firm chronological age or its size. Therefore, a firm’s aging should be analyzed by other factors such as flexibility. The literature considers flexibility as an essential capability, a source of competitive advantage, and an enabler of long-term growth for MSMEs. However, little attention in emerging economies has been paid to examine the nuances of this concept in relation to the OLC in this type of companies. Additionally, studies tend to analyze flexibility as a general term, ignoring that it is a polymorphic concept. That is why there is a need to research the different categories of flexibility. Drawing on a quantitative approach conducting a factor analysis, a two-step cluster, and decision tree analysis to interrogate data from 257 MSMEs in Mexico, this study provides evidence of different dimensions of strategic and structural flexibility that help to characterize and predict the growth, maturity, and declining stages of MSMEs. Our results show that mature firms present more strategic and structural flexible characteristics than those involved in growth or decline stages. The flexible factors that help classify and predict an MSME in the maturity stage include open communication, decentralized decision making, and formalization. We provide a model with these results to illuminate unaddressed issues regarding the broad term of flexibility and its relationship to OLC.

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“…Despite the active research in CE, there are still very few reviews on this topic in the context of emerging markets. Emerging economies possess specific contextual conditions that may further hinder CE implementation [9]. Emerging economies need high economic growth, and with their normally high population, they are generating an enormous amount of waste and adding strain on their depleting resources [10].…”

Section: Introductionmentioning

confidence: 99%

Mapping Circular Economy Phenomenon in Emerging Markets

Zhidebekkyzy

Kalmakova

Bilan

2022

jour

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The circular economy concept is becoming more important worldwide, promoting the closed-loop production cycle paradigm as opposed to the linear economic model. For emerging markets, the concept of CE is equally important. However, emerging economies have specific contextual conditions, which might hinder the CE’s successful implementation. Preliminary research showed the lack of comprehensive reviews on CE in emerging markets context, which became a prerequisite for conducting a systematic literature review. The purpose of the study is to distinguish research streams, concepts, and topics in the field of CE in emerging markets from a longitudinal perspective as well as to define features and conditions of CE implementation in emerging markets. The analysis was conducted using the Biblioshiny R-package tool. The results show that barriers and drivers to CE implementation in emerging markets are the most studied research areas. The most common drivers of CE development in emerging markets are attitude, social pressure, environmental commitment, consumer behavior, and institutional pressures. Low awareness and lack of environmental education are the most widespread impediments that lead to insufficient development of particular disposal. In addition, lack of regulatory incentives and insufficient infrastructure are also common barriers that limit CE development in emerging economies. The influence of Industry 4.0 technologies on CE implementation, circular business model,s and waste management are of increasing scientific interest. Moreover, features and conditions of CE implementation in emerging markets were derived. In addition, the content analysis identified possible research directions to be investigated.

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Learning from Failure and Success: The Challenges for Circular Economy Implementation in SMEs in an Emerging Economy

Cited by 59 publications

References 83 publications

The perspective of SMEs on the challenges of the circular economy in the 21st century Hungary

The perspective of SMEs on the challenges of the circular economy in the 21st century Hungary

Characterizing Organizational Lifecycle through Strategic and Structural Flexibility: Insights from MSMEs in Mexico

Mapping Circular Economy Phenomenon in Emerging Markets

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