Dynamic Capabilities and Microfoundations to Overcome Barriers to Circular Economy Implementation

IF 12.5 1区管理学 Q1 BUSINESS

Business Strategy and The Environment Pub Date : 2025-02-19 DOI:10.1002/bse.4171

Stefano Franco, Ilaria Giannoccaro

引用次数: 0

Abstract

The circular economy (CE) aims to reshape production models, aligning them with environmental and social goals. Recent analyses show that global economic systems in 2023 are recycling only 7.3% of their material usage. One reason is the existence of barriers to CE adoption at multiple levels, which in turn require appropriate dynamic capabilities to be overcome. This research explores the connections between barriers and dynamic capabilities, with a focus on their microfoundations, with the aim to develop a comprehensive framework supporting firms to implement CE business models. The study employs a multiple case study on seven Italian companies that successfully undergone the circular transformation across diverse manufacturing industries belonging to Made in Italy, that is, fashion, food, furniture, and paper. The research outlines seven microfoundations linked to the three dynamic capabilities of sensing, seizing, and reconfiguring. These microfoundations allow firms to overcome barriers at the institutional, supply chain, and firm levels.

查看原文本刊更多论文

克服循环经济实施障碍的动态能力和微观基础

循环经济旨在重塑生产模式，使其与环境和社会目标保持一致。最近的分析表明，到2023年，全球经济体系的材料回收利用率仅为7.3%。其中一个原因是，在多个层面上采用CE存在障碍，这反过来又需要克服适当的动态能力。本研究探讨了障碍与动态能力之间的联系，重点关注其微观基础，旨在开发一个支持公司实施CE商业模式的综合框架。该研究采用了多案例研究，对七家意大利公司进行了研究，这些公司成功地在属于意大利制造的不同制造业中进行了循环转型，即时尚、食品、家具和造纸。该研究概述了与感知、捕捉和重新配置三种动态能力相关的七个微观基础。这些微观基础使企业能够克服制度、供应链和企业层面的障碍。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

Business Strategy and The Environment Multiple-

CiteScore

22.50

自引率

19.40%

发文量

336

期刊介绍： Business Strategy and the Environment (BSE) is a leading academic journal focused on business strategies for improving the natural environment. It publishes peer-reviewed research on various topics such as systems and standards, environmental performance, disclosure, eco-innovation, corporate environmental management tools, organizations and management, supply chains, circular economy, governance, green finance, industry sectors, and responses to climate change and other contemporary environmental issues. The journal aims to provide original contributions that enhance the understanding of sustainability in business. Its target audience includes academics, practitioners, business managers, and consultants. However, BSE does not accept papers on corporate social responsibility (CSR), as this topic is covered by its sibling journal Corporate Social Responsibility and Environmental Management. The journal is indexed in several databases and collections such as ABI/INFORM Collection, Agricultural & Environmental Science Database, BIOBASE, Emerald Management Reviews, GeoArchive, Environment Index, GEOBASE, INSPEC, Technology Collection, and Web of Science.