Circular Economy: The Key Link Between Learning Orientations and Competitive Advantage in Small and Medium‐Sized Enterprises

IF 13.3 1区管理学 Q1 BUSINESS

Business Strategy and The Environment Pub Date : 2025-09-17 DOI:10.1002/bse.70186

Francisco Villegas, Stefan Markovic, Cristina Sancha, Nebojsa S. Davcik, Piyush Sharma, Joan Llonch

引用次数: 0

Abstract

Among the extensive research into various environmental strategies and their effects on competitive advantage, a gap remains regarding whether small and medium‐sized enterprises (SMEs) can benefit from adopting a circular economy and what kinds of internal knowledge they need to embrace it effectively. Based on survey data from 205 SME managers, this study examines how intrinsic and extrinsic learning orientations influence circular economy adoption and competitive advantage. Using structural equation modeling, we validate that both learning orientations are important in fostering the adoption of circular economy within organizations, leading to an increased competitive advantage. Our findings highlight the need for formal knowledge‐building mechanisms and internal ecosystems to support sustainable change. Overall, our study offers a guide for learning process development for practitioners, consumers, and policymakers in SME contexts.

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循环经济：中小企业学习导向与竞争优势的关键环节

在对各种环境战略及其对竞争优势的影响的广泛研究中，关于中小型企业（sme）是否可以从采用循环经济中受益以及他们需要什么样的内部知识来有效地接受循环经济，仍然存在差距。基于对205家中小企业管理者的调查数据，本研究探讨了内在学习取向和外在学习取向对循环经济采用和竞争优势的影响。利用结构方程模型，我们验证了这两种学习方向在促进组织内采用循环经济，从而增加竞争优势方面都很重要。我们的研究结果强调了建立正式的知识构建机制和内部生态系统以支持可持续变化的必要性。总体而言，我们的研究为中小企业背景下的从业者、消费者和政策制定者提供了学习过程开发指南。

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

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.