TY - JOUR
T1 - Drivers of circular economy for small and medium enterprises
T2 - Case study on the Indian state of Tamil Nadu
AU - Mathivathanan, Deepak
AU - Mathiyazhagan, K.
AU - Khorana, Sangeeta
AU - Rana, Nripendra P.
AU - Arora, Bimal
PY - 2022/10
Y1 - 2022/10
N2 - The present paper highlights the growing relevance of the Circular Economy (CE), its adoption by Small- and Medium-sized Enterprises (SMEs), and the relationship between the drivers of CE. Using a case study of CE adoption by Tamil Nadu state in India, we analyse the interactions between the drivers and examine the challenges and benefits of CE adoption. Using Total Interpretive Structural Modelling (TISM) this paper identifies 10 main drivers relevant for SMEs in Tamil Nadu based on literature and discussions with 78 industrial-academic experts, comments on the driving, dependent and linking elements that impact the uptake and adoption of CE. The modelling results confirm that three drivers, namely urbanisation, funding availability and resource consumption, are relevant and support the successful adoption of CE. The paper is among the first that uses the TISM technique to establish a contextual linkage between CE drivers and relationship between the different drivers.
AB - The present paper highlights the growing relevance of the Circular Economy (CE), its adoption by Small- and Medium-sized Enterprises (SMEs), and the relationship between the drivers of CE. Using a case study of CE adoption by Tamil Nadu state in India, we analyse the interactions between the drivers and examine the challenges and benefits of CE adoption. Using Total Interpretive Structural Modelling (TISM) this paper identifies 10 main drivers relevant for SMEs in Tamil Nadu based on literature and discussions with 78 industrial-academic experts, comments on the driving, dependent and linking elements that impact the uptake and adoption of CE. The modelling results confirm that three drivers, namely urbanisation, funding availability and resource consumption, are relevant and support the successful adoption of CE. The paper is among the first that uses the TISM technique to establish a contextual linkage between CE drivers and relationship between the different drivers.
KW - Circular economy
KW - Drivers
KW - Small and medium enterprises
KW - Total Interpretive structural modelling
UR - http://www.scopus.com/inward/record.url?scp=85132435915&partnerID=8YFLogxK
UR - https://www.sciencedirect.com/science/article/pii/S0148296322005392?via%3Dihub
U2 - 10.1016/j.jbusres.2022.06.007
DO - 10.1016/j.jbusres.2022.06.007
M3 - Article
AN - SCOPUS:85132435915
SN - 0148-2963
VL - 149
SP - 997
EP - 1015
JO - Journal of Business Research
JF - Journal of Business Research
ER -