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Unveiling success factors for implementing and sustaining circular economy practices in small and medium-sized firms: multi-level perspective

Tarlan Ahmadov (Department of Business Administration, Tallinn University of Technology, Tallinn, Estonia)
Susanne Durst (Department of Business and Economics, Reykjavik University, Reykjavik, Iceland and LUT Business School, LUT University, Lappeenranta, Finland)
Wolfgang Gerstlberger (Department of Business Administration, Tallinn University of Technology, Tallinn, Estonia)

The Bottom Line

ISSN: 0888-045X

Article publication date: 20 August 2024

71

Abstract

Purpose

This study aims to identify and understand critical success factors for implementing and sustaining circular economy (CE) practices in manufacturing small and medium-sized enterprises (SMEs). More precisely, this study examines the complex interplay between micro-, meso- and macro-level success factors that are deemed critical for implementing and sustaining CE practices.

Design/methodology/approach

The study is based on a two-stage methodology that combines a comprehensive literature review and an interview study with 12 Swedish manufacturing SMEs that implement CE practices.

Findings

The study identifies and categorizes success factors for implementing and sustaining CE practices in manufacturing SMEs. Based on the findings, a holistic framework is proposed that takes into account multiple perspectives, i.e. at the micro, meso and macro levels. This framework enables a deeper understanding and thus a more nuanced discussion of the complexity inherent in the transition to a CE from the perspective of manufacturing SMEs.

Originality/value

This study contributes to the growing body of research on CE transition. By focusing on SMEs in particular, the paper adds the needed diversity to the study of CE practices and influencing factors at different levels.

Keywords

Citation

Ahmadov, T., Durst, S. and Gerstlberger, W. (2024), "Unveiling success factors for implementing and sustaining circular economy practices in small and medium-sized firms: multi-level perspective", The Bottom Line, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/BL-12-2023-0320

Publisher

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Emerald Publishing Limited

Copyright © 2024, Emerald Publishing Limited

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