TY - JOUR
T1 - Circular economy transition
T2 - Exploiting innovative eco-design capabilities and customer involvement
AU - Soh, Keng Lin
AU - Wong, Wai Peng
N1 - Funding Information:
We appreciatively acknowledge all respondents to the survey and everyone who had assisted in different ways to complete the project including those who assisted in information technology, post-graduate administration, google form design, and transformation and interpretation of data. This list is not exhaustive. We thank the two anonymous reviewers and editors who offered constructive comments and valuable guidance.
Publisher Copyright:
© 2021 Elsevier Ltd
PY - 2021/10/20
Y1 - 2021/10/20
N2 - This empirical socio-technical based study determines the role of customer involvement, design capabilities and sustainable competitive advantage/competitive advantage in the circular economy. The findings support the circular economy transition with exploitation of customer involvement moderating the exploitation of innovative eco-design capabilities for sustainable competitive advantage. The competitive advantage could further mediate design capabilities for sustainable development/sustainability performance. These satisfy the assertion that the circular economy is for competitiveness and sustainable development. It also fills the paucity of circular economy empirical transitional studies, supports the Twelfth Sustainable Development Goal of the United Nations, answers the debate whether the circular economy is pro-business and supports the rich theoretical and business case studies with empirical evidence. This study is anchored in the Theory of Absorptive Capacity and Resource-based View with Structural Equation Modelling. A total of 216 survey responses were analysed using SmartPLS software. Surprisingly, social performance displays the greatest coefficient of determination which represents the proportion of the variance for a dependent variable that is explained by its predictor constructs. The research model has a medium out-of-sample predictive power with sustainable competitive advantage as the key construct. Manufacturers should steer and accelerate towards circular economy for sustainable development.
AB - This empirical socio-technical based study determines the role of customer involvement, design capabilities and sustainable competitive advantage/competitive advantage in the circular economy. The findings support the circular economy transition with exploitation of customer involvement moderating the exploitation of innovative eco-design capabilities for sustainable competitive advantage. The competitive advantage could further mediate design capabilities for sustainable development/sustainability performance. These satisfy the assertion that the circular economy is for competitiveness and sustainable development. It also fills the paucity of circular economy empirical transitional studies, supports the Twelfth Sustainable Development Goal of the United Nations, answers the debate whether the circular economy is pro-business and supports the rich theoretical and business case studies with empirical evidence. This study is anchored in the Theory of Absorptive Capacity and Resource-based View with Structural Equation Modelling. A total of 216 survey responses were analysed using SmartPLS software. Surprisingly, social performance displays the greatest coefficient of determination which represents the proportion of the variance for a dependent variable that is explained by its predictor constructs. The research model has a medium out-of-sample predictive power with sustainable competitive advantage as the key construct. Manufacturers should steer and accelerate towards circular economy for sustainable development.
KW - Circular economy transition
KW - Customer involvement
KW - Eco-design capabilities
KW - Exploitation of resources
KW - PLSpredict
KW - Sustainable competitive advantage
KW - Sustainable development goals
UR - http://www.scopus.com/inward/record.url?scp=85114115325&partnerID=8YFLogxK
U2 - 10.1016/j.jclepro.2021.128858
DO - 10.1016/j.jclepro.2021.128858
M3 - Article
AN - SCOPUS:85114115325
SN - 0959-6526
VL - 320
JO - Journal of Cleaner Production
JF - Journal of Cleaner Production
M1 - 128858
ER -
