IDEAS home Printed from https://ideas.repec.org/a/grm/ecoyun/202002.html
   My bibliography  Save this article

Circular Green Economy: An Analysis Based On The Theory Of Resources And Capabilities

Author

Listed:
  • José G. Vargas Hernández

    (University of Guadalajara.)

  • Jorge Armando López Lemus

    (University of Guanajuato.)

  • Marlene de Jesús Morales Medrano

    (Universidad de Guadalajara.)

Abstract

The main objective of the present investigation was to analyze the model of the Circular and Green Economy (CGE) from the point of view of the resources and capacities of the organization. Regarding the design and methodology: used in this research was descriptive and correlational through the VRIO framework (Value, rarity, inimitability and organization). The results obtained show that CE represents an essential factor within an operational level with a social impact. Also, when used as an internal resource of the company, it becomes a competitive advantage through resources and capabilities. The findings are relevant and of great value because there are currently not enough investigations that are focused on the variables analyzed on the business sector.

Suggested Citation

  • José G. Vargas Hernández & Jorge Armando López Lemus & Marlene de Jesús Morales Medrano, 2020. "Circular Green Economy: An Analysis Based On The Theory Of Resources And Capabilities," Economia Coyuntural,Revista de temas de perspectivas y coyuntura, Instituto de Investigaciones Economicas y Sociales 'Jose Ortiz Mercado' (IIES-JOM), Facultad de Ciencias Economicas, Administrativas y Financieras, Universidad Autonoma Gabriel Rene Moreno, vol. 5(1), pages 37-69.
    • Handle: RePEc:grm:ecoyun:202002
    as

    Download full text from publisher

    File URL: https://files.uagrm.edu.bo/entidad/161/file/indexed/repec/grm/ecoyun/202002.pdf
    File Function: Final version, 2020
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. María Luisa Saavedra García & Miriam Edith Saavedra García, 2014. "La PYME como generadora de empleo en México," Revista Clio América, Universidad del Magdalena, vol. 0, pages 153-175, July.
    2. Nikolaos Liakos & Vikas Kumar & Siwarit Pongsakornrungsilp & Jose Arturo Garza-Reyes & Bhumika Gupta & Pimlapas Pongsakornrungsilp, 2019. "Understanding circular economy awareness and practices in manufacturing firms," Post-Print hal-02265840, HAL.
    3. Nikolaos Liakos & Vikas Kumar & Siwarit Pongsakornrungsilp & Jose Garza-Reyes & Bhumika Gupta & Pimlapas Pongsakornrungsilp, 2019. "Understanding circular economy awareness and practices in manufacturing firms," Post-Print hal-02559340, HAL.
    4. Travis Gliedt & Paul Parker, 2007. "Green community entrepreneurship: creative destruction in the social economy," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 34(8), pages 538-553, July.
    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. P. Giovani Palafox-Alcantar & Dexter V. L. Hunt & Christopher D. F. Rogers, 2021. "Current and Future Professional Insights on Cooperation towards Circular Economy Adoption," Sustainability, MDPI, vol. 13(18), pages 1-24, September.
    2. Manish Mohan Baral & Subhodeep Mukherjee & Rajesh Kr Singh & Venkataiah Chittipaka & Yigit Kazancoglu, 2023. "Exploring antecedents for the circular economy capability of micro, small and medium enterprises: An empirical study," Business Strategy and the Environment, Wiley Blackwell, vol. 32(8), pages 5785-5806, December.
    3. Tihana Škrinjarić, 2021. "Ranking Environmental Aspects of Sustainable Tourism: Case of Selected European Countries," Sustainability, MDPI, vol. 13(10), pages 1-19, May.
    4. Tomasz Rokicki & Aleksandra Perkowska & Bogdan Klepacki & Hubert Szczepaniuk & Edyta Karolina Szczepaniuk & Stanisław Bereziński & Paulina Ziółkowska, 2020. "The Importance of Higher Education in the EU Countries in Achieving the Objectives of the Circular Economy in the Energy Sector," Energies, MDPI, vol. 13(17), pages 1-17, August.
    5. Juraj Šebo & Miriam Šebová & Iztok Palčič, 2021. "Implementation of Circular Economy Technologies: An Empirical Study of Slovak and Slovenian Manufacturing Companies," Sustainability, MDPI, vol. 13(22), pages 1-17, November.
    6. Nudurupati, Sai Sudhakar & Budhwar, Pawan & Pappu, Raja Phani & Chowdhury, Soumyadeb & Kondala, Mukesh & Chakraborty, Ayon & Ghosh, Sadhan Kumar, 2022. "Transforming sustainability of Indian small and medium-sized enterprises through circular economy adoption," Journal of Business Research, Elsevier, vol. 149(C), pages 250-269.
    7. Marzena Smol & Joanna Duda & Agnieszka Czaplicka-Kotas & Dominika Szołdrowska, 2020. "Transformation towards Circular Economy (CE) in Municipal Waste Management System: Model Solutions for Poland," Sustainability, MDPI, vol. 12(11), pages 1-25, June.
    8. Luthra, Sunil & Kumar, Anil & Sharma, Manu & Arturo Garza-Reyes, Jose & Kumar, Vikas, 2022. "An analysis of operational behavioural factors and circular economy practices in SMEs: An emerging economy perspective," Journal of Business Research, Elsevier, vol. 141(C), pages 321-336.
    9. Mubariz Mammadli, 2022. "Environmentally Responsible Business Approaches in Azerbaijan," Sustainability, MDPI, vol. 14(10), pages 1-25, May.
    10. Régis Y. Chenavaz & Alexandra Couston & Stéphanie Heichelbech & Isabelle Pignatel & Stanko Dimitrov, 2023. "Corporate Social Responsibility and Entrepreneurial Ventures: A Conceptual Framework and Research Agenda," Sustainability, MDPI, vol. 15(11), pages 1-30, May.
    11. Rafael Robina Ramírez & Pedro R. Palos-Sánchez, 2018. "Environmental Firms’ Better Attitude towards Nature in the Context of Corporate Compliance," Sustainability, MDPI, vol. 10(9), pages 1-21, September.
    12. Rafael Robina-Ramírez & Antonio Fernández-Portillo & Juan Carlos Díaz-Casero, 2019. "Green Start-Ups’ Attitudes towards Nature When Complying with the Corporate Law," Complexity, Hindawi, vol. 2019, pages 1-17, February.
    13. Justin Doran & Geraldine Ryan, 2014. "Eco-Innovation – does additional engagement lead to additional rewards?," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 41(11), pages 1110-1130, November.
    14. G. Lumpkin & Todd Moss & David Gras & Shoko Kato & Alejandro Amezcua, 2013. "Entrepreneurial processes in social contexts: how are they different, if at all?," Small Business Economics, Springer, vol. 40(3), pages 761-783, April.
    15. Wafa Alwakid & Sebastian Aparicio & David Urbano, 2020. "Cultural Antecedents of Green Entrepreneurship in Saudi Arabia: An Institutional Approach," Sustainability, MDPI, vol. 12(9), pages 1-20, May.
    16. Joyce Koe Hwee Nga & Gomathi Shamuganathan, 2010. "The Influence of Personality Traits and Demographic Factors on Social Entrepreneurship Start Up Intentions," Journal of Business Ethics, Springer, vol. 95(2), pages 259-282, August.
    17. Esmee D. Kooijman & Siobhan McQuaid & Mary-Lee Rhodes & Marcus J. Collier & Francesco Pilla, 2021. "Innovating with Nature: From Nature-Based Solutions to Nature-Based Enterprises," Sustainability, MDPI, vol. 13(3), pages 1-17, January.
    18. Malo, Miguel A., 2022. "Empleo y salarios en las micro, pequeñas y medianas empresas. Una reflexión a partir de los casos de México y la Unión Europea [Employment and wages in the micro, small, and medium enterprises. A r," MPRA Paper 111863, University Library of Munich, Germany.
    19. Anas A. Makki & Hisham Alidrisi & Asif Iqbal & Basil O. Al-Sasi, 2020. "Barriers to Green Entrepreneurship: An ISM-Based Investigation," JRFM, MDPI, vol. 13(11), pages 1-17, October.
    20. Ada Domańska & Ewa Więcek-Janka & Robert Zajkowski, 2022. "Implementing Sustainable Development Concept: A Typology of Family Firms in Poland," Sustainability, MDPI, vol. 14(7), pages 1-21, April.

    More about this item

    Keywords

    Circular Economy; Resources and Capacities; VRIO Analysis; Strategy.;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory

    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:grm:ecoyun:202002. 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: Roger Alejandro Banegas Rivero (email available below). General contact details of provider: https://edirc.repec.org/data/iiagrbo.html .

    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.