Articles producció científica> Economia

Circular economy and public policies: A dynamic analysis for European SMEs

  • Identification data

    Identifier: imarina:9334335
  • Authors:

    Segarra-Blasco, A
    Teruel, M
    Tomas-Porres, J
    Business Strategy And The Environment
    https://onlinelibrary.wiley.com/doi/10.1002/bse.3674
    10.1002/bse.3674
    Business Strategy And The Environment.
  • Others:

    Author, as appears in the article.: Segarra-Blasco, A; Teruel, M; Tomas-Porres, J
    Department: Economia
    URV's Author/s: Teruel Carrizosa, Mercedes
    Keywords: barriers determinants drivers environmental innovation european smes history institutional framework knowledge spillovers performance public policies strategies technology transitions Circular economy Eco-innovation European smes Institutional framework Knowledge spillovers Public policies
    Abstract: Previous empirical studies have highlighted the importance of the institutional framework in fostering a transition towards the circular economy (CE). Adopting a dynamic approach, which merges three Flash Eurobarometer surveys conducted in 2015, 2017 and 2021 into a single dataset, we observe the evolution in the factors determining the adoption of CE practices. Firstly, using factor analysis, our results indicate two groups of institutional drivers: knowledge and environmental spillovers. Secondly, applying a multivariate probit model, we observe that both spillovers have a positive effect on the adoption of the CE. Finally, we find that the effect of knowledge spillovers remains relatively constant, while that of environmental spillovers tends to increase. This suggests that firms are increasingly benefiting from the adoption of circular practices by their peers. Policymakers should take into account that a more intense knowledge spillovers and a stronger institutional framework will increase the likelihood of European small- and medium-sized enterprises (SMEs) adopting CE practices.
    Thematic Areas: Business Business and international management Ciencias sociales Economia Environmental studies General o multidisciplinar Geografía Geography, planning and development Management Management, monitoring, policy and law Sociologia i política Strategy and management
    licence for use: https://creativecommons.org/licenses/by/3.0/es/
    Author's mail: mercedes.teruel@urv.cat
    Author identifier: 0000-0002-4104-7679
    Record's date: 2024-01-29
    Papper version: info:eu-repo/semantics/publishedVersion
    Link to the original source: https://onlinelibrary.wiley.com/doi/10.1002/bse.3674
    Papper original source: Business Strategy And The Environment.
    APA: Segarra-Blasco, A; Teruel, M; Tomas-Porres, J (2024). Circular economy and public policies: A dynamic analysis for European SMEs. Business Strategy And The Environment, (), -. DOI: 10.1002/bse.3674
    Licence document URL: https://repositori.urv.cat/ca/proteccio-de-dades/
    Article's DOI: 10.1002/bse.3674
    Entity: Universitat Rovira i Virgili
    Journal publication year: 2024
    Publication Type: info:eu-repo/semantics/article
  • Keywords:

    Business,Business and International Management,Environmental Studies,Geography, Planning and Development,Management,Management, Monitoring, Policy and Law,Strategy and Management
    barriers
    determinants
    drivers
    environmental innovation
    european smes
    history
    institutional framework
    knowledge spillovers
    performance
    public policies
    strategies
    technology
    transitions
    Circular economy
    Eco-innovation
    European smes
    Institutional framework
    Knowledge spillovers
    Public policies
    Business
    Business and international management
    Ciencias sociales
    Economia
    Environmental studies
    General o multidisciplinar
    Geografía
    Geography, planning and development
    Management
    Management, monitoring, policy and law
    Sociologia i política
    Strategy and management
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