Unpacking green growth in SMEs: A framework for dynamic capabilities, value co-creation, and sustainable performance

IF 4.9 2区社会学 Q2 ENVIRONMENTAL SCIENCES

Sustainable Futures Pub Date : 2025-06-16 DOI:10.1016/j.sftr.2025.100840

Aghnia Nadhira Aliya Putri , Pri Hermawan , Isti Raafaldini Mirzanti , Maureen Meadows , Rosie Sadraei

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引用次数: 0

Abstract

This study examines how green dynamic capabilities and value co-creation drive sustainability transitions in small and medium-sized enterprises (SMEs), enabling them to integrate sustainability into their business models and improve environmental, economic, and social performance. A systematic literature review using PRISMA guidelines analyzed 108 peer-reviewed articles from the Scopus database. Thematic analysis identified key factors influencing SME sustainability through dynamic capabilities and value co-creation. The findings reveal that green dynamic capabilities—sensing, seizing, and transforming sustainability opportunities—are essential for SMEs to adapt to regulatory, market, and technological shifts. Value co-creation, facilitated by stakeholder collaboration, digital technology adoption, and regulatory engagement, further enhances sustainability outcomes. Mediating factors, including financial accessibility, digital transformation, institutional support, and market pressure, influence how effectively SMEs integrate green practices. The study developed a framework showing that SMEs should enhance green capabilities and stakeholder engagement to overcome resource constraints, while policymakers and industry players must strengthen institutional support, regulatory incentives, and tailored green financing. This study integrates green dynamic capabilities and value co-creation into the structured framework.

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拆解中小企业的绿色增长：动态能力、价值共同创造和可持续绩效的框架

本研究探讨了绿色动态能力和价值共同创造如何推动中小企业的可持续发展转型，使其能够将可持续发展融入其商业模式，并改善环境、经济和社会绩效。使用PRISMA指南的系统文献综述分析了Scopus数据库中108篇同行评议的文章。专题分析通过动态能力和价值共同创造确定了影响中小企业可持续发展的关键因素。研究结果表明，绿色动态能力——感知、抓住和转化可持续发展机会——对于中小企业适应监管、市场和技术变革至关重要。在利益相关者协作、数字技术采用和监管参与的推动下，共同创造价值将进一步提高可持续性成果。融资可及性、数字化转型、制度支持和市场压力等中介因素影响中小企业整合绿色实践的有效性。该研究制定了一个框架，表明中小企业应加强绿色能力和利益相关者的参与，以克服资源限制，而政策制定者和行业参与者必须加强制度支持、监管激励和量身定制的绿色融资。本研究将绿色动态能力和价值共同创造整合到结构化框架中。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Sustainable Futures Social Sciences-Sociology and Political Science

CiteScore

9.30

自引率

1.80%

发文量

审稿时长

71 days

期刊介绍： Sustainable Futures: is a journal focused on the intersection of sustainability, environment and technology from various disciplines in social sciences, and their larger implications for corporation, government, education institutions, regions and society both at present and in the future. It provides an advanced platform for studies related to sustainability and sustainable development in society, economics, environment, and culture. The scope of the journal is broad and encourages interdisciplinary research, as well as welcoming theoretical and practical research from all methodological approaches.