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Measuring the Readiness of SMEs for Eco-Innovation and Industrial Symbiosis: Development of a Screening Tool

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  • Daniela C. A. Pigosso

    (Department of Mechanical Engineering, Technical University of Denmark, 2800 Kgs. Lyngby, Denmark)

  • Andreas Schmiegelow

    (Department of Management Engineering, Technical University of Denmark, 2800 Kgs. Lyngby, Denmark)

  • Maj Munch Andersen

    (Department of Management Engineering, Technical University of Denmark, 2800 Kgs. Lyngby, Denmark)

Abstract

Despite the high business, innovation and sustainability potential linked with eco-innovation and industrial symbiosis, limited implementation can be observed in small and medium enterprises (SMEs). In order to enhance the implementation of these concepts in SMEs, the main goal of this paper is to propose a screening tool to identify and evaluate SMEs’ potential for eco-innovation, with a special focus on industrial symbiosis and green business models aspects. In order to accomplish this goal, an action research was developed in two cycles: (1) development and testing of the screening prototype; and (2) improvement and scale-up of the enhanced screening tool, in close collaboration with the research partners. In addition to enabling a better understanding about their own internal processes and activities, the evaluation of the potential of 108 SMEs for eco-innovation provided them with detailed insights about how to reach the potential benefits with industrial symbiosis and green business models. Differently from the identified existing tools, the screening tool proposed in this research aims at supporting companies to understand what their potential for eco-innovation is, combining wider eco-innovation and industrial symbiosis opportunities and green business models, supplemented with a readiness evaluation to explore the existing potential.

Suggested Citation

  • Daniela C. A. Pigosso & Andreas Schmiegelow & Maj Munch Andersen, 2018. "Measuring the Readiness of SMEs for Eco-Innovation and Industrial Symbiosis: Development of a Screening Tool," Sustainability, MDPI, vol. 10(8), pages 1-25, August.
    • Handle: RePEc:gam:jsusta:v:10:y:2018:i:8:p:2861-:d:163339
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    References listed on IDEAS

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    2. Nathalia Suchek & João J. Ferreira & Paula O. Fernandes, 2022. "A review of entrepreneurship and circular economy research: State of the art and future directions," Business Strategy and the Environment, Wiley Blackwell, vol. 31(5), pages 2256-2283, July.
    3. Nancy Bocken & Lars Strupeit & Katherine Whalen & Julia Nußholz, 2019. "A Review and Evaluation of Circular Business Model Innovation Tools," Sustainability, MDPI, vol. 11(8), pages 1-25, April.
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    5. Nohora Mercado-Caruso & Marival Segarra-Oña & David Ovallos-Gazabon & Angel Peiró-Signes, 2020. "Identifying Endogenous and Exogenous Indicators to Measure Eco-Innovation within Clusters," Sustainability, MDPI, vol. 12(15), pages 1-20, July.

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