The Working Future: An Analysis of Skills Needed by Circular Startups

Borms, Lize; Opstal, Wim Van; Brusselaers, Jan; Passel, Steven Van

doi:10.2139/ssrn.4338377

Cited by 5 publications

(5 citation statements)

References 45 publications

(63 reference statements)

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“…The communication channel with the customers is established while implementing take-back/buy-back programs, rebuy/e-commerce systems, reconditioned product designing, and many more. (Nussholz, 2017;Borms et al, 2023). Focal or source organizations must constantly contact the customers, suppliers, and partners.…”

Section: Theoretical Framework and Hypotheses Development 21 Network ...mentioning

confidence: 99%

Network Building Capabilities for a Sustainable and Circular Economy

Narayana,

Verma,

Vijayvargy

et al. 2024

Int. j. math. eng. manag. sci.

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This research introduces a novel integrated model that affiliates the innovative capacity of circular start-ups, as seen through their network-building capabilities, with the influential attribute of top management support as outlined in the T-O-E theory. The investigation employs a quantitative research methodology based on a random sampling technique for the entire research population. The structural equation model, utilizing SMARTPLS, is used on a dataset comprising 231 manufacturing-based circular start-ups and their franchises in India. The findings reveal significant direct and indirect relationships between network-building capabilities and the innovation function of circular start-ups. The study highlights the pivotal role of top management support, following the T-O-E framework, as a complete mediator between network-building capabilities and organizational innovativeness. This inquiry establishes that effective networking and other factors confer a competitive edge upon firms. Furthermore, it contributes to the literature on the circular economy within emerging markets, offering insights applicable across various sectors like IT, hospitality, aviation, pharmaceuticals, and more. The study's implications extend to future researchers and policymakers, advocating for adopting a multi-level perspective to foster and ensure the innovativeness of circular start-ups in diverse industries.

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Section: Theoretical Framework and Hypotheses Development 21 Network ...mentioning

confidence: 99%

Network Building Capabilities for a Sustainable and Circular Economy

Narayana,

Verma,

Vijayvargy

et al. 2024

Int. j. math. eng. manag. sci.

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“…Describing the “lack of in‐house competencies” as one of the major barriers, Guldmann and Huulgaard (2020) state that the product redesign process for circular products necessitates a distinct skill set. Multiple digital skills, such as software development for servitization‐based models, conducting remote diagnosis and repair on products, information technology support to consumers, and other information and communication technology (ICT) skills, are required to run a CSU (Borms et al, 2023). At the same time, the absence of a skilled and experienced workforce capable of implementing digital technologies in circular supply chains has been described as a barrier by Sharma et al (2023).…”

Section: Theoretical Backgroundmentioning

confidence: 99%

Circular economy startups and digital entrepreneurial ecosystems

Roshan,

Balodi,

Datta

et al. 2024

Bus Strat Env

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Circular economy (CE) is the way forward to protect an endangered environment, promote social justice, and advance sustainable and balanced regional economic development. The proliferation of the CE concept and the circular startup (CSU) boom coincides with digital transformation, a socioeconomic change propelled by the widespread adoption of digital technologies. This paper uses a systems theory perspective to study the digital entrepreneurial ecosystem's (DEE) role in CSU formation. Fuzzy‐set qualitative comparative analysis (fsQCA) is used to empirically explore the configurational recipes for the presence and absence of a high CSU formation rate. The results reveal that for a high CSU formation, DEE elements, such as digital protection and access, act as critical drivers, while other DEE elements take on a supportive role. The findings also show the complementarity effects, substitution effects, and neutral permutations of DEE elements among the configurations.

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“…The gaps mentioned earlier led to limited application development due to a lack of fundamental problem‐solving. In the modern literature, the specific main measures on the management of the creation of new markets of tomorrow are determined: Upgrade of educational programs and an increase in investments in skills for the markets of tomorrow (Borms et al, 2023; Ehlers, 2023). Facilitation of the creation of markets of tomorrow, especially in sectors that require the cooperation of public and private sectors (Amedanou, 2023; Xu, 2023).…”

Section: Related Literaturementioning

confidence: 99%

Economic asymmetries and the new “markets of tomorrow”

2023

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This article investigates the differences between the ongoing digital advancements in the market‐based society and the future market‐technology society in the Fourth Industrial Revolution. This article explores the “markets of tomorrow” that embody the production capacity limits of technological progress to respond to socio and economic transformations amid viral threats, digitalization, and sustainable growth development. Examining the digital economy and technological advancement in developed and developing countries is being conducted. Generally, three key factors play a significant role in determining business strategy and development. These are the threat of viral infections, the process of digitalization, and the need for sustainable development. Our findings show that socio‐institutional innovations are present in the current landscape and play a role in guiding suggestions for managing these markets, considering their unique characteristics. The novelty of this article is analyzing the digital divide as a new form of global asymmetry. This is particularly important when there is a growing emphasis on polarization and power relations, especially under the conditions of digital competition in new markets of tomorrow, which the Fourth Industrial Revolution has predetermined.

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The Working Future: An Analysis of Skills Needed by Circular Startups

Cited by 5 publications

References 45 publications

Network Building Capabilities for a Sustainable and Circular Economy

Network Building Capabilities for a Sustainable and Circular Economy

Circular economy startups and digital entrepreneurial ecosystems

Economic asymmetries and the new “markets of tomorrow”

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