PL EN


Preferencje help
Widoczny [Schowaj] Abstrakt
Liczba wyników
2023 | z. 189 Współczesne zarządzanie = Contemporary management | 473--493
Tytuł artykułu

Assessment of the Readiness of Manufacturing Companies in Implementing a Circular Economy

Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
Purpose: The article is devoted to the analysis of the genesis, ideas, assumptions, and implementation of the circular economy (CE) in the context of organizational and business management, with particular emphasis on the readiness of enterprises to introduce CE. The aim of the study is a comparative analysis of the readiness of manufacturing enterprises, taking into account their size, in terms of implementing the principles of the circular economy. Considering the developed readiness model for the introduction of the circular economy, the following research questions were created: 1. How do manufacturing enterprises assess the economic viability of the circular economy? 2. How does the external environment affect the pace of introducing the circular economy in enterprises? 3. What is the technological, infrastructural, financial, and competence readiness of the staff in terms of introducing the circular economy? 4. What practices related to the circular economy are already introduced, which are planned for introduction, and which are not considered in enterprises? Design/methodology/approach: The method of analysis of subject literature and the quantitative method were applied, using the survey technique. The survey was conducted using the CAWI technique.

Findings: The key findings pertain to the role of external and internal factors in determining the readiness to implement circular economy practices in business operations. Research indicates that although many companies have a positive attitude towards the circular economy, discrepancies exist between their declarative scope and the level of implementation of good business practices in manufacturing enterprises. Standards such as BS 8001 can play a pivotal role in promoting the circular economy. Hence, state institutions should increase the availability of information on ISO standards and simplify certification procedures. The government, regulatory bodies, and the private sector must collaborate to enable the full implementation of the circular economy model. Large corporations have more financial resources, which can facilitate the implementation of CE practices, while small businesses are more constrained in terms of funding. Due to their visibility, large companies feel greater social pressure to adapt to CE principles. Despite environmental pressures, many companies do not feel strong competition or market pressure to accelerate their adaptation to the CE model. However, both small and medium-sized, as well as large enterprises, recognize the economic viability of the circular economy.

Research limitations/implications: The following directions for further research have been proposed, including the development of measurement tools for Sustainable Development Goals (SDGs) alignment, analysis of the impact of SDGs on innovation, and the study of the role of leaders and organizational culture. There is a need for further exploration of the influence of regulations and public policies on SDGs alignment.

Practical implications: The circular economy has practical implications for changes in business models, resource management, strategy, and corporate marketing activities. It also recommends the development of tools for assessing the level of implementation of CE principles in enterprises and promoting pro-environmental attitudes among consumers.

Social implications: The circular economy has the potential to influence social attitudes and behaviors by promoting more sustainable consumption and production practices, which in turn may affect the quality of life and the balance of ecosystems. Actions in the field of the circular economy can also impact public and industry policy.

Originality/value: The article proposes a research model that takes into account various factors influencing the readiness of enterprises to implement circular economy practices, allowing for the identification of key barriers in the decision-making process by owners and managers of manufacturing companies in the aspect of changes bringing the company closer to the introduction of CE principles. This model can be valuable for researchers and practitioners interested in sustainable development, as well as governmental institutions wishing to support transformations towards CE.(original abstract)
Twórcy
  • Maria Curie-Skłodowska University in Lublin, Poland
  • Maria Curie-Skłodowska University in Lublin, Poland
Bibliografia
  • 1. Barney, J. (1991). Firm Resources and Sustained Competitive Advantage. Journal of Management, Vol. 17(1), pp. 99-120.
  • 2. Costanza, R., d'Arge, R., de Groot, R., Farberk, S., Grasso, M., Hannon, B., Limburg, K., Naeem, S., O'Neill, R.V., Paruelo, J., Raskin, R.G, Suttonkk, P., van den Belt, M. (1997). The value of the world's ecosystem services and natural capital. Nature, Vol 387, pp. 253- 260. Retrieved from: https://www.esd.ornl.gov/benefits_conference/nature_paper.pdf, 4.10.2023.
  • 3. Demil, B., Lecocq, X. (2010). Business model evolution: in search of dynamic consistency. Long Range Planning, Vol. 43(2-3), pp. 227-246.
  • 4. Dyer, J.H., Singh, H. (1998). The Relational View: Cooperative Strategy and Sources of Interorganizational Competitive Advantage. Academy of Management Review, Vol. 23(4), pp. 660-679.
  • 5. European Environment Agency, (2016). Circular economy in Europe: Developing the knowledge base. EEA Report, Vol 2. Retrieved from: https://www.eea.europa.eu/ publications/circular-economy-in-europe, 15.02.2023.
  • 6. Geissdoerfer, M., Savaget, P., Bocken, N.M., Hultink, E.J. (2017). The Circular Economy - A new sustainability paradigm? Journal of Cleaner Production, vol. 143, pp. 757-768.
  • 7. Genovese, A., Acquaye, A.A., Figueroa, A., Lenny Koh, S.C. (2017). Sustainable supply chain management and the transition towards a circular economy: Evidence and some applications. Omega, Vol. 66, pp. 344-357.
  • 8. Ghisellini, P., Cialani, C., Ulgiati, S., (2016). A review on circular economy: the expected transition to a balanced interplay of environmental and economic systems. Journal of Cleaner Production, Vol. 114, pp. 11-32.
  • 9. Gnoni, M.G., Tornese, F., Thorn, B.K., Carrano, A.L., Pazour, J.A. (2018). A Measurement Tool for Circular Economy Practices: a Case Study in Pallet Supply Chains. 15th IMHRC Proceedings. Savannah, Georgia, USA. Retrieved from: https://digitalcommons.georgiasouthern.edu/pmhr_2018/12, 15.10.2023.
  • 10. Guldmann, E. (2015). Best Practice Examples of Circular Business Models, pp. 20-32.
  • 11. Kirchherr, J., Reike, D., Hekkert, M. (2017). Conceptualizing the circular economy: An analysis of 114 definitions. Resources, Conservation and Recycling, vol. 127, pp. 221-232.
  • 12. Korhonen, J., Honkasalo, A., Seppälä, J. (2018). Circular Economy: The Concept and its Limitations. Ecological Economics, Vol. 143, pp. 37-46.
  • 13. Kulczycka, J. (2019). Gospodarka o obiegu zamkniętym w polityce i badaniach naukowych. pp. 5-6.
  • 14. Lacy, P., Rutqvist, J. (2015). Waste to Wealth: The Circular Economy Advantage, p. 19.
  • 15. Lewandowski, M. (2016). Designing the business models for circular economy-Towards the conceptual framework. Sustainability, Vol. 8(1), pp. 43.
  • 16. Magretta, J. (2002). Why business models matter. Harvard Business Review, Vol. 80(5), pp 86-92.
  • 17. Osterwalder, A., Pigneur, Y. (2010). Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers, pp. 56-65.
  • 18. Pin, X., Hutao, Y. (2007). Re-reading Steady-state Economy: Calm Thinking on Hot Circular Economy. China Population Resources and Environment, Vol. 17(3), pp. 20-23.
  • 19. Planing, P. (2015). Business Model Innovation in a Circular Economy Reasons for Non-Acceptance of Circular Business Models. Open Journal of Business Model Innovation, pp. 1-11. Retrieved from: https://www.researchgate.net/publication/273630392_Business_ Model_Innovation_in_a_Circular_Economy_Reasons_for_NonAcceptance_of_Circular_ Business_Models, 17.02.2023.
  • 20. Ranta, V., Aarikka-Stenroos, L., Ritala, P., Mäkinen, S.J. (2018). Exploring institutional drivers and barriers of the circular economy: A cross-regional comparison of China, the US, and Europe. Resources, Conservation and Recycling, Vol. 135, pp. 70-82.
  • 21. Schröder, P., Anantharaman, M., Anggraeni, K., Foxon, T.J. (2019). The Circular Economy and the Global South Sustainable Lifestyles and Green Industrial Development, pp. 118- 121.
  • 22. Singh, M.P., Chakraborty, A., Roy, M. (2017). Developing an extended theory of planned behavior model to explore circular economy readiness in manufacturing MSMEs, India. Resources Conservation and Recycling, Vol. 135(2), pp. 313-322.
  • 23. Sitko-Lutek, A., Lutek, W. (2022). Zasobooszczędna i niskoemisyjna gospodarka na przykładzie branży cementowej, pp. 141-163.
  • 24. Stahel, W.R. (2016). The circular economy. Nature, Vol. 531(7595), pp. 435-438.
  • 25. Tseng, M., Hua Tan, K., Geng, Y., Govindan, K. (2016). Sustainable consumption and production in emerging markets. International Journal of Production Economics, Vol. 181, pp. 257-261.
  • 26. Van Lengen, S.K., Vassillo, C., Ghisellini, P., Restaino, D., Passaro, R., Ulgiati, S. (2021). Promoting circular ekonomy transition: A study about perceptions and awareness by different stakeholders groups. Journal of Cleaner Production, Vol. 316, pp. 128-166.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171690854

Zgłoszenie zostało wysłane

Zgłoszenie zostało wysłane

Musisz być zalogowany aby pisać komentarze.
JavaScript jest wyłączony w Twojej przeglądarce internetowej. Włącz go, a następnie odśwież stronę, aby móc w pełni z niej korzystać.