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Does the transition to a circular economy contribute to business resilience and transformation? Evidence from SMEs
Open accessAbstract
The implementation of the circular economy in companies undoubtedly requires a transition of their business systems towards more environmentally oriented ones. However, there is a lack of empirical research on the topic in the micro-level. Based on a sample of 404 managers with positions of responsibility in SMEs that are in transition towards a circular economy, this paper analyses at the micro level, through the use of structural equation modelling, how internal and external drivers contribute to this transition process and, at the same time, how the process itself impacts the resilience of the company and, consequently, its transformation process. The obtained results contribute to the literature by observing that internal factors carry more weight than external factors when implementing the CE transition. They illustrate how resilience derived from the CE transition can foster transformative change and demonstrate the CE's impact beyond environmental sustainability, extending its influence into strategic management and organizational fields.
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“the transition to CE not only has a positive impact on environmental sustainability but also extends its influence to the field of strategic and organizational management.”
From Innovation as A Driver of SMEs Sustainability: A Systematic Review of the Literature (2025) · cites this paper as Perramon et al., 2024
In the citing paper
“innovation for SMEs' sustainability through circular economy adoption”
From Innovation as A Driver of SMEs Sustainability: A Systematic Review of the Literature (2025) · cites this paper as Perramon et al., 2024
In the citing paper
“the adoption of circular principles increases organizational resilience to internal and external challenges, which in turn facilitates transformational change in business.”
From Innovation as A Driver of SMEs Sustainability: A Systematic Review of the Literature (2025) · cites this paper as Perramon et al., 2024
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Metadata
- Authors
- Perramon, J., Bagur-Femenías, L., Alonso-Almeida, M. D. M., & Llach, J.
- Affiliations
- UPF Barcelona School of Management (ES)
- Universitat de Girona (ES)
- Corresponding author
- Perramon, Jordi
- Venue
- Journal of Cleaner Production
- Publisher
- Elsevier BV
- Published
- 2024-05
- Volume
- 453
- Pages
- 142279
- ISSN
- 0959-6526 (ISSN-L)
- OpenAlex
- W4394988287
- Cited by
- 48
- References
- 62
- Citations by year
- 2026: 24 · 2025: 15 · 2024: 9
- FWCI
- 16.23
- Type
- journal article
- Language
- en
- Open access
- hybrid
- doi.org
- Licence
- Locations
- Journal of Cleaner Production (publishedVersion, cc-by-nc)
- Repositori digital de la UPF (Universitat Pompeu Fabra) (publishedVersion, cc-by-nc)
- Biblos-e Archivo (Universidad Autónoma de Madrid) (submittedVersion, cc-by-nc)
- Hispana (submittedVersion)
- Topics
- Social Sciences › Business, Management and Accounting › Strategy and Management › Sustainable Supply Chain Management
- Social Sciences › Business, Management and Accounting › Marketing › Environmental Sustainability in Business
- Social Sciences › Business, Management and Accounting › Management of Technology and Innovation › Sustainability and Innovation in Business
- Keywords
- circular economy, business resilience, organizational change, small and medium-sized enterprises, internal and external drivers, strategic management, environmental sustainability
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