The Effect of Phases of the Adoption of the Circular Economy on Firm Performance: Evidence from 28 EU Countries

Moric, Ilija; Jovanovic, Jelena Sakovic; Dokovic, Rajka; Pekovic, Sanja; Perovic, Durdica

[Zeitschriftenartikel]

dc.contributor.author	Moric, Ilija	de
dc.contributor.author	Jovanovic, Jelena Sakovic	de
dc.contributor.author	Dokovic, Rajka	de
dc.contributor.author	Pekovic, Sanja	de
dc.contributor.author	Perovic, Durdica	de
dc.date.accessioned	2021-08-12T14:12:01Z
dc.date.available	2021-08-12T14:12:01Z
dc.date.issued	2020	de
dc.identifier.issn	2071-1050	de
dc.identifier.uri	https://www.ssoar.info/ssoar/handle/document/74363
dc.description.abstract	Although a substantial body of literature has analysed the potential benefits of the circular economy, empirical evidence on the relationship between circular economy-related activities and firm performance is scarce. Rather than analysing only the effect of the circular economy on firm performance, we empirically examine the effects of the different phases of the adoption process of the circular economy on firm performance. Therefore, in this paper, a multiphase framework of circular economy adoption is developed. Employing a propensity-score-matching model on the sample of more than 4000 European SMEs, we show that the adoption of circular economy activities improves firm performance as measured by productivity. In addition, our findings reveal that the impact of circular economy activities on firm performance is dependent on the different phases of the adoption process. Taken together, this study enriches current research on the circular economy by contributing to a more nuanced understanding on the relationship between the different phases of the adoption process and firm performance.	de
dc.language	en	de
dc.subject.ddc	Wirtschaft	de
dc.subject.ddc	Economics	en
dc.subject.ddc	Politikwissenschaft	de
dc.subject.ddc	Political science	en
dc.subject.other	ZA6779 v1.0.0: Flash Eurobarometer 441 (European SMEs and the Circular Economy); firm performance; multiphase adoption approach	de
dc.title	The Effect of Phases of the Adoption of the Circular Economy on Firm Performance: Evidence from 28 EU Countries	de
dc.description.review	begutachtet (peer reviewed)	de
dc.description.review	peer reviewed	en
dc.source.journal	Sustainability
dc.source.volume	12	de
dc.publisher.country	GBR	de
dc.source.issue	6	de
dc.subject.classoz	Volkswirtschaftstheorie	de
dc.subject.classoz	National Economy	en
dc.subject.classoz	spezielle Ressortpolitik	de
dc.subject.classoz	Special areas of Departmental Policy	en
dc.subject.thesoz	EU	en
dc.subject.thesoz	productivity	en
dc.subject.thesoz	enterprise	en
dc.subject.thesoz	recycling management	en
dc.subject.thesoz	Leistung	de
dc.subject.thesoz	achievement	en
dc.subject.thesoz	Unternehmen	de
dc.subject.thesoz	Kreislaufwirtschaft	de
dc.subject.thesoz	Produktivität	de
dc.subject.thesoz	EU	de
dc.identifier.urn	urn:nbn:de:0168-ssoar-74363-7
dc.rights.licence	Creative Commons - Namensnennung 4.0	de
dc.rights.licence	Creative Commons - Attribution 4.0	en
ssoar.contributor.institution	FDB	de
internal.status	formal und inhaltlich fertig erschlossen	de
internal.identifier.thesoz	10041441
internal.identifier.thesoz	10036540
internal.identifier.thesoz	10039009
internal.identifier.thesoz	10036344
internal.identifier.thesoz	10065125
dc.type.stock	article	de
dc.type.document	Zeitschriftenartikel	de
dc.type.document	journal article	en
dc.source.pageinfo	1-12	de
internal.identifier.classoz	1090301
internal.identifier.classoz	10508
internal.identifier.journal	1459
internal.identifier.document	32
internal.identifier.ddc	330
internal.identifier.ddc	320
dc.identifier.doi	https://doi.org/10.3390/su12062557	de
dc.description.pubstatus	Veröffentlichungsversion	de
dc.description.pubstatus	Published Version	en
internal.identifier.licence	16
internal.identifier.pubstatus	1
internal.identifier.review	1
internal.pdf.wellformed	true
internal.pdf.encrypted	false

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Das Dokument erscheint in:

spezielle Ressortpolitik
Special areas of Departmental Policy
Volkswirtschaftstheorie
Economic Theory

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