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The DOI matches its Crossref record; 173 of the 173 references it cites were found in a registry or an index.

The role of circular economy principles and sustainable-oriented innovation to enhance social, economic and environmental performance: Evidence from Mexican SMEs

Open access
Rodríguez-Espíndola, Oscar, Cuevas-Romo, Ana, Chowdhury, Soumyadeb, Díaz-Acevedo, Natalie, Albores, Pavel, Despoudi, Stella, Malesios, Chrisovalantis, Dey, Prasanta·2022·International Journal of Production Economics

Abstract

The UN's sustainable development goals underscore engaging supply-chain stakeholders with environmentally friendly practices. Small- and medium-size enterprises (SMEs) are key participants in several supply chains, but their operations often produce a significant environmental impact. Their transition to sustainable practices is challenging because they operate with constrained resources, which are mostly invested in pressing activities. Therefore, evidence is needed that shows the benefits of investing limited resources in sustainable activities to support decision-making in SMEs. Research has neglected to connect circular economy and sustainable-oriented innovation whilst accounting for external factors affecting the implementation of sustainable processes and technology within SMEs in developing countries. This paper fills that gap by analyzing the impact of external factors on the implementation of circular economy and technology, and their influence on sustainable-oriented innovation and sustainable performance. Responses from 165 Mexican SMEs have been collected and analyzed using structural equation modeling to test direct and indirect effects between constructs. Findings reveal that while both governmental support and customer pressure facilitate the adoption of circular economy, only governmental support contributes directly to technology implementation. They also highlight the value of circular economy to support the adoption of sustainable-oriented innovation and to mediate the relationship between technology implementation and sustainable-oriented innovation. The overarching finding is that circular economy promoting sustainability-oriented innovation has a positive impact on financial, environmental, and social performance. This is a key implication to inform managers in SMEs on the potential benefits of investing in sustainable solutions.

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Metadata

Authors
Rodríguez-Espíndola, O., Cuevas-Romo, A., Chowdhury, S., Díaz-Acevedo, N., Albores, P., Despoudi, S., Malesios, C., & Dey, P.
Venue
International Journal of Production Economics
Publisher
Elsevier BV
Published
2022-06
Volume
248
Pages
108495
ISSN
0925-5273 (ISSN-L)
OpenAlex
W4221054016
Cited by
459
References
173
FWCI
65.09
Type
journal article
Language
en
Open access
hybrid

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CoChat. (2026). Citation check: The role of circular economy principles and sustainable-oriented innovation to enhance social, economic and environmental performance: Evidence from Mexican SMEs. https://app.cochat.ai/papers/10.1016/j.ijpe.2022.108495
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Rodríguez-Espíndola, O., Cuevas-Romo, A., Chowdhury, S., Díaz-Acevedo, N., Albores, P., Despoudi, S., Malesios, C., & Dey, P. (2022). The role of circular economy principles and sustainable-oriented innovation to enhance social, economic and environmental performance: Evidence from Mexican SMEs. International Journal of Production Economics. https://doi.org/10.1016/j.ijpe.2022.108495

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