Assessing people-driven factors for circular economy practices in small and medium-sized enterprise supply chains: business strategies and environmental perspectives

Betuel Sawe, Fredrick, Kumar, Anil, Garza-Reyes, Jose Arturo and Agrawal, Rohit (2021) Assessing people-driven factors for circular economy practices in small and medium-sized enterprise supply chains: business strategies and environmental perspectives. Business Strategy and the Environment, 30 (7). pp. 2951-2965. ISSN 0964-4733

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Official URL: https://doi.org/10.1002/bse.2781

Abstract / Description

Globalisation and technological advancements have increased the pressure on small businesses to increase their productivity and to gain competitive advantages. That pressure has been placed on the resources available, resulting in increased environmental degradation as a result of the traditional linear model of make-use-dispose. Circular economy (CE) practices offer the opportunity for sustainable production based on the reuse-remanufacture and recycling of resources for small and medium-sized enterprises (SMEs) to increase their sustainability, resulting in enhanced performance levels in terms of business strategies and environmental perspectives. But in academic literature, the role of people-driven factors (PDFs) in the adoption of CE practices in the supply chains (SCs) of SMEs is limited. Therefore, to fill this literature gap, this research looks at analysing PDFs for the implementation of CE in the SMEs in developing countries in two phases. PDFs are identified from an extensive literature review; a DEMATEL technique is then employed to understand the significant influence of each factor in the adoption of CE practices in SCs by dividing them into cause-effect groups. The findings show that PDFs such as training and knowledge sharing, employee participation, leadership and management plus strategic alignment are considered to be the most important significant factors in the adoption. The findings of this study will help industrial managers to understand the significance of the role of PDFs for enhancing business strategies; these findings can reduce the negative environmental impact in the adoption of CE practices in the SCs of SMEs.

Item Type: Article
Additional Information: "This is the peer reviewed version of the following article: Sawe, F. B., Kumar, A., Garza-Reyes, J. A., & Agrawal, R. (2021). Assessing people-driven factors for circular economy practices in small and medium-sized enterprise supply chains: Business strategies and environmental perspectives. Business Strategy and the Environment, 30 (7), 2951– 2965, which has been published in final form at https://doi.org/10.1002/bse.2781. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Use of Self-Archived Versions. This article may not be enhanced, enriched or otherwise transformed into a derivative work, without express permission from Wiley or by statutory rights under applicable legislation. Copyright notices must not be removed, obscured or modified. The article must be linked to Wiley’s version of record on Wiley Online Library and any embedding, framing or otherwise making available the article or pages thereof by third parties from platforms, services and websites other than Wiley Online Library must be prohibited."
Uncontrolled Keywords: enhancing strategies; people-driven factors; circular economy practices; DEMATEL
Subjects: 600 Technology > 650 Management & auxiliary services
Department: Guildhall School of Business and Law
Depositing User: Anil Kumar
Date Deposited: 11 Mar 2021 09:13
Last Modified: 08 Dec 2021 11:46
URI: http://repository.londonmet.ac.uk/id/eprint/6398

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