期刊
JOURNAL OF CLEANER PRODUCTION
卷 287, 期 -, 页码 -出版社
ELSEVIER SCI LTD
DOI: 10.1016/j.jclepro.2020.125565
关键词
Circular economy; Dynamic capabilities; PLS-SEM; Reconfiguring; Seizing; Sensing
This study examines the importance of circular economy in corporate practices, finding that dynamic capabilities significantly facilitate the implementation of circular economy in manufacturing firms in Italy through empirical analysis.
Circular economy (CE) has a huge potential to overcome sustainability challenges. The EU and several national governments have been urging firms for CE implementation. However, to date, most firms are failing in translating the CE concept into their business operations. Some scholars point out that firms may attain CE objectives through dynamic capabilities. To empirically investigate whether or not dynamic capabilities facilitate CE implementation, we analyzed a sample of 220 manufacturing firms in Italy through partial least squares structural equation modeling (PLS-SEM). Our PLS-SEM analysis shows that sensing, seizing, and reconfiguring capabilities and their underlying organizational routines significantly facilitate CE implementation. This paper contributes to the literature in the following ways. Firstly, this paper presents the measurement scales of dynamic capabilities and demonstrates how to operationalize a reflective-formative hierarchical component model (HCM) of dynamic capabilities in PLS-SEM. Secondly, this paper highlights the key capabilities and organizational routines through which firms can identify and pursue CE opportunities. (c) 2020 Elsevier Ltd. All rights reserved.
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