IDEAS home Printed from https://ideas.repec.org/a/bla/bstrat/v33y2024i2p197-222.html
   My bibliography  Save this article

Blockchain entrepreneurship roles for circular supply chain transition

Author

Listed:
  • Yasanur Kayikci
  • Nazlican Gozacan‐Chase
  • Abderahman Rejeb

Abstract

The transition to a circular supply chain (CSC) is a prerequisite to establish sustainability in the supply chain. Blockchain‐based CSC enables stakeholders to effectively manage their decision‐making processes, increase revenue, reduce time and costs and ensure information synchronisation. Blockchain start‐ups play an essential role in facilitating the transition from a linear to a circular economy while supporting the development of CSCs. This research aims to explore the role of blockchain entrepreneurship in the transition to CSC by evaluating circular blockchain start‐ups. This research contributes to the literature by providing verified roles of blockchain entrepreneurship in the transition to CSC by evaluating the literature and blockchain start‐ups. Another contribution is that the causal relationships between these roles are analysed. In this study, an integrated three‐step methodology including Systematic Literature Review (SLR), Qualitative Comparative Analysis (QCA), and Fuzzy Decision‐Making Trial and Evaluation Laboratory (Fuzzy‐DEMATEL) methods on the base of the theory of change is proposed. An SLR is performed to determine the roles of blockchain entrepreneurship. Then, a QCA is conducted after identifying the roles for verification by evaluations of use cases of blockchain start‐ups. Finally, the causal relationships between these roles are interpreted by using Fuzzy‐DEMATEL. Findings indicate that blockchain entrepreneurship has 12 fundamental roles in facilitating the transition from a linear to a circular economy while supporting the development of CSCs.

Suggested Citation

  • Yasanur Kayikci & Nazlican Gozacan‐Chase & Abderahman Rejeb, 2024. "Blockchain entrepreneurship roles for circular supply chain transition," Business Strategy and the Environment, Wiley Blackwell, vol. 33(2), pages 197-222, February.
    • Handle: RePEc:bla:bstrat:v:33:y:2024:i:2:p:197-222
    DOI: 10.1002/bse.3489
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/bse.3489
    Download Restriction: no
    File URL: https://libkey.io/10.1002/bse.3489?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Sara Saberi & Mahtab Kouhizadeh & Joseph Sarkis & Lejia Shen, 2019. "Blockchain technology and its relationships to sustainable supply chain management," International Journal of Production Research, Taylor & Francis Journals, vol. 57(7), pages 2117-2135, April.
    2. Vincenzo Varriale & Antonello Cammarano & Francesca Michelino & Mauro Caputo, 2020. "The Unknown Potential of Blockchain for Sustainable Supply Chains," Sustainability, MDPI, vol. 12(22), pages 1-16, November.
    3. Walter R. Stahel, 2016. "The circular economy," Nature, Nature, vol. 531(7595), pages 435-438, March.
    4. Nasir, Mohammed Haneef Abdul & Genovese, Andrea & Acquaye, Adolf A. & Koh, S.C.L. & Yamoah, Fred, 2017. "Comparing linear and circular supply chains: A case study from the construction industry," International Journal of Production Economics, Elsevier, vol. 183(PB), pages 443-457.
    5. Rocío González-Sánchez & Davide Settembre-Blundo & Anna Maria Ferrari & Fernando E. García-Muiña, 2020. "Main Dimensions in the Building of the Circular Supply Chain: A Literature Review," Sustainability, MDPI, vol. 12(6), pages 1-25, March.
    6. Bing Qing Tan & Fangfang Wang & Jia Liu & Kai Kang & Federica Costa, 2020. "A Blockchain-Based Framework for Green Logistics in Supply Chains," Sustainability, MDPI, vol. 12(11), pages 1-13, June.
    7. Mahtab Kouhizadeh & Joseph Sarkis, 2018. "Blockchain Practices, Potentials, and Perspectives in Greening Supply Chains," Sustainability, MDPI, vol. 10(10), pages 1-16, October.
    8. Fehrer, Julia A. & Wieland, Heiko, 2021. "A systemic logic for circular business models," Journal of Business Research, Elsevier, vol. 125(C), pages 609-620.
    9. Ting Zheng & Marco Ardolino & Andrea Bacchetti & Marco Perona, 2021. "The applications of Industry 4.0 technologies in manufacturing context: a systematic literature review," International Journal of Production Research, Taylor & Francis Journals, vol. 59(6), pages 1922-1954, March.
    10. Swikriti Khadke & Pragya Gupta & Shanmukh Rachakunta & Chandreswar Mahata & Suma Dawn & Mohit Sharma & Deepak Verma & Aniruddha Pradhan & Ambati Mounika Sai Krishna & Seeram Ramakrishna & Sabyasachi C, 2021. "Efficient Plastic Recycling and Remolding Circular Economy Using the Technology of Trust–Blockchain," Sustainability, MDPI, vol. 13(16), pages 1-15, August.
    11. Kirchherr, Julian & Reike, Denise & Hekkert, Marko, 2017. "Conceptualizing the circular economy: An analysis of 114 definitions," Resources, Conservation & Recycling, Elsevier, vol. 127(C), pages 221-232.
    12. Manav Khanna & Natalia Marzia Gusmerotti & Marco Frey, 2022. "The Relevance of the Circular Economy for Climate Change: An Exploration through the Theory of Change Approach," Sustainability, MDPI, vol. 14(7), pages 1-18, March.
    13. Ipek Kazancoglu & Yigit Kazancoglu & Emel Yarimoglu & Aysun Kahraman, 2020. "A conceptual framework for barriers of circular supply chains for sustainability in the textile industry," Sustainable Development, John Wiley & Sons, Ltd., vol. 28(5), pages 1477-1492, September.
    14. Zheng, Ting & Ardolino, Marco & Bacchetti, Andrea & Perona, Marco, 2021. "The applications of Industry 4.0 technologies in manufacturing context: a systematic literature review," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 129469, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    15. Abderahman Rejeb & John G. Keogh & Horst Treiblmaier, 2019. "Leveraging the Internet of Things and Blockchain Technology in Supply Chain Management," Future Internet, MDPI, vol. 11(7), pages 1-22, July.
    16. Yasanur Kayikci & Nazlican Gozacan‐Chase & Abderahman Rejeb & Kaliyan Mathiyazhagan, 2022. "Critical success factors for implementing blockchain‐based circular supply chain," Business Strategy and the Environment, Wiley Blackwell, vol. 31(7), pages 3595-3615, November.
    17. Fleischmann, Moritz & Bloemhof-Ruwaard, Jacqueline M. & Dekker, Rommert & van der Laan, Erwin & van Nunen, Jo A. E. E. & Van Wassenhove, Luk N., 1997. "Quantitative models for reverse logistics: A review," European Journal of Operational Research, Elsevier, vol. 103(1), pages 1-17, November.
    18. Korhonen, Jouni & Honkasalo, Antero & Seppälä, Jyri, 2018. "Circular Economy: The Concept and its Limitations," Ecological Economics, Elsevier, vol. 143(C), pages 37-46.
    19. Zhang Yu & Syed Abdul Rehman Khan & Muhammad Umar, 2022. "Circular economy practices and industry 4.0 technologies: A strategic move of automobile industry," Business Strategy and the Environment, Wiley Blackwell, vol. 31(3), pages 796-809, March.
    20. Kouhizadeh, Mahtab & Saberi, Sara & Sarkis, Joseph, 2021. "Blockchain technology and the sustainable supply chain: Theoretically exploring adoption barriers," International Journal of Production Economics, Elsevier, vol. 231(C).
    21. Min Xu & Xingtong Chen & Gang Kou, 2019. "A systematic review of blockchain," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 5(1), pages 1-14, December.
    22. Chang Fang & Xiuyan Ma & Jin Zhang & Xide Zhu, 2021. "Personality information sharing in supply chain systems for innovative products in the circular economy era," International Journal of Production Research, Taylor & Francis Journals, vol. 59(19), pages 5992-6001, October.
    23. Xavier, Lúcia Helena & Giese, Ellen Cristine & Ribeiro-Duthie, Ana Cristina & Lins, Fernando Antonio Freitas, 2021. "Sustainability and the circular economy: A theoretical approach focused on e-waste urban mining," Resources Policy, Elsevier, vol. 74(C).
    24. Divya Tiwari & Jill Miscandlon & Ashutosh Tiwari & Geraint W. Jewell, 2021. "A Review of Circular Economy Research for Electric Motors and the Role of Industry 4.0 Technologies," Sustainability, MDPI, vol. 13(17), pages 1-19, August.
    25. Genovese, Andrea & Acquaye, Adolf A. & Figueroa, Alejandro & Koh, S.C. Lenny, 2017. "Sustainable supply chain management and the transition towards a circular economy: Evidence and some applications," Omega, Elsevier, vol. 66(PB), pages 344-357.
    26. Sachin Kumar Mangla & Yiğit Kazançoğlu & Abdullah Yıldızbaşı & Cihat Öztürk & Ahmet Çalık, 2022. "A conceptual framework for blockchain‐based sustainable supply chain and evaluating implementation barriers: A case of the tea supply chain," Business Strategy and the Environment, Wiley Blackwell, vol. 31(8), pages 3693-3716, December.
    27. Ana-Maria Zamfir & Cristina Mocanu & Adriana Grigorescu, 2017. "Circular Economy and Decision Models among European SMEs," Sustainability, MDPI, vol. 9(9), pages 1-15, August.
    28. Syed Abdul Rehman Khan & Pablo Ponce & George Thomas & Zhang Yu & Mohammad Saad Al-Ahmadi & Muhammad Tanveer, 2021. "Digital Technologies, Circular Economy Practices and Environmental Policies in the Era of COVID-19," Sustainability, MDPI, vol. 13(22), pages 1-14, November.
    29. Choudhary, Divya & Qaiser, Fahham Hasan & Choudhary, Alok & Fernandes, Kiran, 2022. "A model for managing returns in a circular economy context: A case study from the Indian electronics industry," International Journal of Production Economics, Elsevier, vol. 249(C).
    30. Chunguang Bai & Joseph Sarkis, 2020. "A supply chain transparency and sustainability technology appraisal model for blockchain technology," International Journal of Production Research, Taylor & Francis Journals, vol. 58(7), pages 2142-2162, April.
    31. Ashkan Pakseresht & Sina Ahmadi Kaliji & Vilma Xhakollari, 2022. "How Blockchain Facilitates the Transition toward Circular Economy in the Food Chain?," Sustainability, MDPI, vol. 14(18), pages 1-22, September.
    32. Francesco Mercuri & Gaetano della Corte & Federica Ricci, 2021. "Blockchain Technology and Sustainable Business Models: A Case Study of Devoleum," Sustainability, MDPI, vol. 13(10), pages 1-14, May.
    33. Kamal, Muhammad Mustafa & Mamat, Rosnida & Mangla, Sachin Kumar & Kumar, Patanjal & Despoudi, Stella & Dora, Manoj & Tjahjono, Benny, 2022. "Immediate return in circular economy: Business to consumer product return information sharing framework to support sustainable manufacturing in small and medium enterprises," Journal of Business Research, Elsevier, vol. 151(C), pages 379-396.
    34. Ahluwalia, Saurabh & Mahto, Raj V. & Guerrero, Maribel, 2020. "Blockchain technology and startup financing: A transaction cost economics perspective," Technological Forecasting and Social Change, Elsevier, vol. 151(C).
    35. Luciano Batista & Yu Gong & Susana Pereira & Fu Jia & Alexandre Bittar, 2019. "Circular supply chains in emerging economies – a comparative study of packaging recovery ecosystems in China and Brazil," International Journal of Production Research, Taylor & Francis Journals, vol. 57(23), pages 7248-7268, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Aro, Joerabell Lourdes & Selerio, Egberto & Evangelista, Samantha Shane & Maturan, Fatima & Atibing, Nadine May & Ocampo, Lanndon, 2022. "Fermatean fuzzy CRITIC-CODAS-SORT for characterizing the challenges of circular public sector supply chains," Operations Research Perspectives, Elsevier, vol. 9(C).
    2. Abderahman Rejeb & Karim Rejeb & Steve Simske & Horst Treiblmaier, 2021. "Blockchain Technologies in Logistics and Supply Chain Management: A Bibliometric Review," Logistics, MDPI, vol. 5(4), pages 1-28, October.
    3. Vincenzo Varriale & Antonello Cammarano & Francesca Michelino & Mauro Caputo, 2021. "Sustainable Supply Chains with Blockchain, IoT and RFID: A Simulation on Order Management," Sustainability, MDPI, vol. 13(11), pages 1-23, June.
    4. Abderahman Rejeb & Karim Rejeb & John G. Keogh & Suhaiza Zailani, 2022. "Barriers to Blockchain Adoption in the Circular Economy: A Fuzzy Delphi and Best-Worst Approach," Sustainability, MDPI, vol. 14(6), pages 1-23, March.
    5. Doussoulin, Jean Pierre & Bittencourt, Mariana, 2022. "How effective is the construction sector in promoting the circular economy in Brazil and France? : A waste input-output analysis," Structural Change and Economic Dynamics, Elsevier, vol. 60(C), pages 47-58.
    6. Arim Park & Huan Li, 2021. "The Effect of Blockchain Technology on Supply Chain Sustainability Performances," Sustainability, MDPI, vol. 13(4), pages 1-18, February.
    7. Bhavesh Kumar & Love Kumar & Avinash Kumar & Ramna Kumari & Uroosa Tagar & Claudio Sassanelli, 2024. "Green finance in circular economy: a literature review," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(7), pages 16419-16459, July.
    8. Arijit Bhattacharya & Shefali Srivastava & Abhijit Majumdar, 2024. "Circular supply chains in manufacturing—Quo vadis? Accomplishments, challenges and future opportunities," Business Strategy and the Environment, Wiley Blackwell, vol. 33(5), pages 4397-4423, July.
    9. Sudusinghe, Jayani Ishara & Seuring, Stefan, 2022. "Supply chain collaboration and sustainability performance in circular economy: A systematic literature review," International Journal of Production Economics, Elsevier, vol. 245(C).
    10. Laura Montag, 2023. "Circular Economy and Supply Chains: Definitions, Conceptualizations, and Research Agenda of the Circular Supply Chain Framework," Circular Economy and Sustainability, Springer, vol. 3(1), pages 35-75, March.
    11. Saoussane Srhir & Anicia Jaegler & Jairo R. Montoya‐Torres, 2023. "Uncovering Industry 4.0 technology attributes in sustainable supply chain 4.0: A systematic literature review," Business Strategy and the Environment, Wiley Blackwell, vol. 32(7), pages 4143-4166, November.
    12. Saumyaranjan Sahoo & Satish Kumar & Uthayasankar Sivarajah & Weng Marc Lim & J. Christopher Westland & Ashwani Kumar, 2024. "Blockchain for sustainable supply chain management: trends and ways forward," Electronic Commerce Research, Springer, vol. 24(3), pages 1563-1618, September.
    13. Yasanur Kayikci & Nazlican Gozacan‐Chase & Abderahman Rejeb & Kaliyan Mathiyazhagan, 2022. "Critical success factors for implementing blockchain‐based circular supply chain," Business Strategy and the Environment, Wiley Blackwell, vol. 31(7), pages 3595-3615, November.
    14. Ashish Dwivedi & Dindayal Agrawal & Sanjoy Kumar Paul & Saurabh Pratap, 2023. "Modeling the blockchain readiness challenges for product recovery system," Annals of Operations Research, Springer, vol. 327(1), pages 493-537, August.
    15. German Arana‐Landin & Waleska Sigüenza & Beñat Landeta‐Manzano & Iker Laskurain‐Iturbe, 2024. "Circular economy: On the road to ISO 59000 family of standards," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(3), pages 1977-2009, May.
    16. Davies, Jennifer & Sharifi, Hossein & Lyons, Andrew & Forster, Rick & Elsayed, Omar Khaled Shokry Mohamed, 2024. "Non-fungible tokens: The missing ingredient for sustainable supply chains in the metaverse age?," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 182(C).
    17. Graziela Darla Araujo Galvão & Steve Evans & Paulo Sergio Scoleze Ferrer & Marly Monteiro de Carvalho, 2022. "Circular business model: Breaking down barriers towards sustainable development," Business Strategy and the Environment, Wiley Blackwell, vol. 31(4), pages 1504-1524, May.
    18. Seyyed-Alireza Radmanesh & Alireza Haji & Omid Fatahi Valilai, 2023. "Blockchain-Based Architecture for a Sustainable Supply Chain in Cloud Architecture," Sustainability, MDPI, vol. 15(11), pages 1-19, June.
    19. Kirti Nayal & Rakesh D. Raut & Balkrishna E. Narkhede & Pragati Priyadarshinee & Gajanan B. Panchal & Vidyadhar V. Gedam, 2023. "Antecedents for blockchain technology-enabled sustainable agriculture supply chain," Annals of Operations Research, Springer, vol. 327(1), pages 293-337, August.
    20. Mohammadreza Akbari & John L. Hopkins, 2022. "Digital technologies as enablers of supply chain sustainability in an emerging economy," Operations Management Research, Springer, vol. 15(3), pages 689-710, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:bstrat:v:33:y:2024:i:2:p:197-222. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1099-0836 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.