Examining Circular Economy Practices and Sustainability Performance in Knowledge-Based Companies in Iran

The present study, relying on the resource- and industry-based views and stakeholders, has developed a model that shows the role of technology adoption, ways to reduce waste to zero, uncertainty in the market and green economic incentives in promoting circular economy practices, and improvement o...

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Main Authors: Ramin Bashir Khodaparasti, Hooshmand Bagheri Garabollagh
Format: Article
Language:English
Published: Editura ASE 2023-02-01
Series:Amfiteatru Economic
Subjects:
Online Access:https://www.amfiteatrueconomic.ro/temp/Article_3182.pdf
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author Ramin Bashir Khodaparasti
Hooshmand Bagheri Garabollagh
author_facet Ramin Bashir Khodaparasti
Hooshmand Bagheri Garabollagh
author_sort Ramin Bashir Khodaparasti
collection DOAJ
description The present study, relying on the resource- and industry-based views and stakeholders, has developed a model that shows the role of technology adoption, ways to reduce waste to zero, uncertainty in the market and green economic incentives in promoting circular economy practices, and improvement of the sustainability performance of knowledge-based companies. This paper used a quantitative research approach and a structured questionnaire tool, in which survey data was collected from managers and experts of knowledge-based companies to test hypotheses using structural equation modeling (SEM). The statistical population of the research was all managers and experts from knowledge-based companies in the field of electronic and electrical equipment production in Iran, numbering 384 people. The results showed that technology adoption, zero waste practices, and green economic incentives have a positive and significant effect on circular economy practices, while uncertainty in the market does not have a significant effect on circular economy practices. The results also showed that circular economy practices have a positive and significant effect on the sustainability performance of knowledge-based companies. In addition, the circular economy practices and the company's sustainability performance could be improved by adopting of circular economy entrepreneurship as a moderating variable.
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spelling doaj-art-da976109588a4fcbbfa1bd45344c70932025-08-20T02:21:16ZengEditura ASEAmfiteatru Economic1582-91462247-91042023-02-01256219621210.24818/EA/2023/62/196Examining Circular Economy Practices and Sustainability Performance in Knowledge-Based Companies in IranRamin Bashir Khodaparasti 0https://orcid.org/0000-0002-5292-3451Hooshmand Bagheri Garabollagh1https://orcid.org/0000-0001-7635-3994Urmia University, Urmia, IranUrmia University, Urmia, IranThe present study, relying on the resource- and industry-based views and stakeholders, has developed a model that shows the role of technology adoption, ways to reduce waste to zero, uncertainty in the market and green economic incentives in promoting circular economy practices, and improvement of the sustainability performance of knowledge-based companies. This paper used a quantitative research approach and a structured questionnaire tool, in which survey data was collected from managers and experts of knowledge-based companies to test hypotheses using structural equation modeling (SEM). The statistical population of the research was all managers and experts from knowledge-based companies in the field of electronic and electrical equipment production in Iran, numbering 384 people. The results showed that technology adoption, zero waste practices, and green economic incentives have a positive and significant effect on circular economy practices, while uncertainty in the market does not have a significant effect on circular economy practices. The results also showed that circular economy practices have a positive and significant effect on the sustainability performance of knowledge-based companies. In addition, the circular economy practices and the company's sustainability performance could be improved by adopting of circular economy entrepreneurship as a moderating variable.https://www.amfiteatrueconomic.ro/temp/Article_3182.pdfcircular economy practicestechnology adoptionzero waste practicesgreen economic incentivessustainable performance of knowledge-based companies
spellingShingle Ramin Bashir Khodaparasti
Hooshmand Bagheri Garabollagh
Examining Circular Economy Practices and Sustainability Performance in Knowledge-Based Companies in Iran
Amfiteatru Economic
circular economy practices
technology adoption
zero waste practices
green economic incentives
sustainable performance of knowledge-based companies
title Examining Circular Economy Practices and Sustainability Performance in Knowledge-Based Companies in Iran
title_full Examining Circular Economy Practices and Sustainability Performance in Knowledge-Based Companies in Iran
title_fullStr Examining Circular Economy Practices and Sustainability Performance in Knowledge-Based Companies in Iran
title_full_unstemmed Examining Circular Economy Practices and Sustainability Performance in Knowledge-Based Companies in Iran
title_short Examining Circular Economy Practices and Sustainability Performance in Knowledge-Based Companies in Iran
title_sort examining circular economy practices and sustainability performance in knowledge based companies in iran
topic circular economy practices
technology adoption
zero waste practices
green economic incentives
sustainable performance of knowledge-based companies
url https://www.amfiteatrueconomic.ro/temp/Article_3182.pdf
work_keys_str_mv AT raminbashirkhodaparasti examiningcirculareconomypracticesandsustainabilityperformanceinknowledgebasedcompaniesiniran
AT hooshmandbagherigarabollagh examiningcirculareconomypracticesandsustainabilityperformanceinknowledgebasedcompaniesiniran