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The Role of Entrepreneurship in Successfully Achieving Circular Supply Chain Management

Author

Listed:
  • Thanh Tiep Le

    (Ho Chi Minh City University of Economics and Finance)

  • Abhishek Behl

    (Management Development Institute)

  • Gary Graham

    (Leeds University Business School)

Abstract

The notion of circular supply chain management (CSCM) is increasingly attracting the attention of academia, practitioners, and other stakeholders. It entails putting circular economy policies into place across the whole supply chain and supporting the ecosystem. In addition to this, the instability of the business environment due to objective factors such as pandemics and wars requires the business world to be proactively flexible to respond to changes. Therefore, the present paper aims to respond to the call for further research and evidence on the connection between industrial symbiosis practices (ISP) and CSCM. Specifically, it empirically examined the role of entrepreneurship in facilitating CSCM to achieve its sustainability goals. Furthermore, we analyze the mechanism by which circular economy entrepreneurship promotes ISP, thereby bolstering up CSCM. The industry's concentration is on small and medium agrifood firms, which are already active competitors in emerging economies. By accumulating and evaluating primary data from questionnaire-based surveys of 486 valid replies from supply chain managers who manage at either senior or middle levels in the firm, the results provide insight into the optimization mechanisms for CSCM. These promote regenerative value and no-waste processes from a unique perspective. In this regard, this study undertakes an empirical examination and proves how circular entrepreneurship and industrial symbiosis practices drive CSCM to score its sustainability goals.

Suggested Citation

  • Thanh Tiep Le & Abhishek Behl & Gary Graham, 2023. "The Role of Entrepreneurship in Successfully Achieving Circular Supply Chain Management," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 24(4), pages 537-561, December.
    • Handle: RePEc:spr:gjofsm:v:24:y:2023:i:4:d:10.1007_s40171-023-00353-0
    DOI: 10.1007/s40171-023-00353-0
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