Chowdhury, Soumyadeb, Dey, Prasanta Kumar, Rodríguez-Espíndola, Oscar, Parkes, Geoff, Tuyet, Nguyen Thi Anh, Long, Dang Duc and Ha, Tran Phuong (2022). Impact of Organisational Factors on the Circular Economy Practices and Sustainable Performance of Small and Medium-sized Enterprises in Vietnam. Journal of Business Research, 147 , pp. 362-378.
Abstract
Internal organisational factors have been identified as barriers to adopt circular economy (CE) practices in prior research. However, empirical evidence is limited to support this claim. Additionally, their impact on sustainable business performance, especially for the emerging economies and within the small and medium sized enterprises (SMEs) have not been studied adequately. This research bridges these knowledge gaps drawing on from CE, human resource management, innovation and sustainability literature to develop and validate a theoretical model that examines the relationships between organisational factors (leadership, innovation, culture, and skills) and their impact on adopting CE practices to enhance sustainable performance of SMEs. A survey was conducted among 205 SMEs’ employees in Vietnam, and responses were analysed using employing Structural Equation Modelling. Our findings reveal that organisational leadership will facilitate developing the culture and innovation capability to adopt CE practices through a ‘hub and spoke’ strategy for enhancing sustainable performance among the SMEs in Vietnam. In this vein, we recommend creating knowledge sharing strategies, collaborative and cooperative CE working groups within and between SMEs, and information systems capabilities to build sustainable business organisations.
| Publication DOI: | https://doi.org/10.1016/j.jbusres.2022.03.077 |
|---|---|
| Divisions: | College of Business and Social Sciences > Aston Business School > Operations & Information Management College of Business and Social Sciences > Aston Business School > Aston India Foundation for Applied Research College of Business and Social Sciences > Aston Business School College of Business and Social Sciences > Aston Business School > Marketing & Strategy Aston University (General) |
| Funding Information: | Dr. Geoff Parkes is a Senior Lecturer in Marketing and Strategy at Aston Business School. His interests are in entrepreneurship and international marketing. Most recently he was also seconded for 12 months to Aston University Hong Kong. He was formerly the Sales & Marketing Director of Aga Cookers and Armitage Shanks. He has managed a number of MBI’s and now acts as an Advisor and Non-Executive Director at a number of other businesses including a children’s day nursery and a management consultancy practice. His research projects are funded by the British Council, UK Research and Innovation, Economic and Social Research Council. Dr. Oscar Rodriguez-Espindola is a Senior Lecturer in Operations and Supply Chain Management at Aston Business School. He specializes in crisis and disaster management, simulation modelling, business productivity, sustainability, and circular economy. He has published papers in international journals such as International Journal of Operations and Production Management, European Journal of Operations Research and International Journal of Production Research. His research projects are funded by the British Council, Royal Academy of Engineering, UK Research and Innovation, Grand Challenge Research Funds (Research Council UK). The research reported in this manuscript is funded by “British Council Environmental Links grant - 528201836” for the project, ‘Circular Economy Knowledge Hub: Promoting Multi-Disciplinary Research, Capacity Building and Leadership’. Professor Prasanta Kumar Dey is Professor of Operations Management at Aston Business School. He has been honoured as the 50th Anniversary Chair of Aston University in 2017. He specializes in supply chain management and project management, business productivity, sustainability, and circular economy. He has published more than 150 research papers in leading international refereed journals such as International Journal of Production Economics, British Journal of Management, Business Strategy and Environment, European Journal of Operations Research and Annals of Operations Research. He has accomplished several impactful interdisciplinary research projects on sustainable supply chain of small and medium sized enterprises (SMEs), which are funded by leading funding bodies like Research Council UK, British Council, Royal Society, Royal Academy of Engineering, EU horizon 2020 and ERDF. Dr. Soumyadeb Chowdhury is Associate Professor of Information Analytics, Technology and Sustainability Management within the Information Management department in the Toulouse Business School. He leads the TBS Center of Excellence in Sustainable Development and CSR. Prior to joining Toulouse Business School, he has worked in Aston Business School (UK), and Singapore Institute of Technology. He completed his PhD in Computing Science from University of Glasgow. His research concerns artificial intelligence, blockchain technologies, the circular economy, sustainability development goals, mental health and business productivity in SMEs. He has published papers in international journals such as Business Strategy and the Environment, International Journal of Production Economics, Journal of Business Research and British Journal of Management. His research projects are funded by the British Council, Royal Academy of Engineering, UK Research and Innovation, Grand Challenge Research Funds (Research Council UK), and French National Research Agency (ANR). |
| Additional Information: | © 2022, Elsevier. Licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International http://creativecommons.org/licenses/by-nc-nd/4.0/ |
| Uncontrolled Keywords: | Circular economy,Culture,Innovation,Leadership,Small and medium-sized enterprises,Sustainable performance,Vietnam,Marketing |
| Publication ISSN: | 1873-7978 |
| Last Modified: | 04 Feb 2026 08:05 |
| Date Deposited: | 17 May 2022 09:33 |
| Full Text Link: | |
| Related URLs: |
http://www.scop ... tnerID=8YFLogxK
(Scopus URL) https://www.sci ... 3150?via%3Dihub (Publisher URL) |
PURE Output Type: | Article |
| Published Date: | 2022-08 |
| Published Online Date: | 2022-04-22 |
| Accepted Date: | 2022-03-26 |
| Authors: |
Chowdhury, Soumyadeb
Dey, Prasanta Kumar ( 
0000-0002-9984-5374)
Rodríguez-Espíndola, Oscar (
0000-0002-4889-1565)
Parkes, Geoff (
0000-0003-2126-6740)
Tuyet, Nguyen Thi Anh Long, Dang Duc Ha, Tran Phuong |
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