Tourism's circular economy: Opportunities and challenges from an integrated theoretical perspective
Nikunj Kumar Jain,
Abinash Panda,
Vishal Arghode
Abstract:This study explored circular economy (CE) performance in small‐ and medium‐sized enterprises (SMEs) in the tourism sector. The study's theoretical framework comprised value–belief–norm theory, institutional theory, upper echelon theory (UET), and the dynamic capabilities (DCs) approach. Empirical data from 286 Indian SMEs were analyzed using partial least squares structural equation modeling. The results indicated that personal norms, coercive pressures (CP), mimetic pressures (MP), and top management commitme… Show more
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