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Circular economy and digital capabilities of SMEs for providing value to customers: Combined resource-based view and ambidexterity perspective
journal contribution
posted on 2023-07-26, 15:56 authored by Atanu Chaudhuri, Nachiappan Subramanian, Manoj DoraSome small and medium-sized enterprises (SMEs) are involved in recycling plastic waste to produce innovative products. These SMEs have adopted digital technologies, such as 3D printing and blockchain, to gain competitive advantage from their circular economy (CE)-based business models. However, the specific capabilities needed to create value for customers and to generate a competitive advantage for such SMEs are not known. In this study, we conducted in-depth interviews with four SMEs engaged in the CE to identify the specific resources and capabilities needed to provide value to customers. Our findings reveal that SMEs focusing on circular economy initiatives demonstrate exploitation and adaptive capabilities in utilising their CE resources followed by exploration and adaptive capabilities while implementing digital technologies. Our study extends the resource-based view by combining it with ambidexterity to explain the role of specific circular and digital resources and capabilities that SMEs need to provide value to their customers.
History
Refereed
- Yes
Volume
142Page range
32-44Publication title
Journal of Business ResearchISSN
0148-2963External DOI
Publisher
ElsevierLanguage
- other
Legacy posted date
2022-08-25Legacy creation date
2022-08-16Legacy Faculty/School/Department
Faculty of Business & LawNote
For further information visit Brunel University's Research Archive: https://bura.brunel.ac.uk/handle/2438/23810.Usage metrics
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