Rights statement: This is the author’s version of a work that was accepted for publication in International Journal of Production Economics. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in International Journal of Production Economics, 247, 2022 DOI: 10.1016/j.ijpe.2021.108400
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Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - An extended institutional theory perspective on the adoption of circular economy practices
T2 - insights from the seafood industry
AU - Do Nhu, Quynh
AU - Mishra, Nishikant
AU - Colicchia, Claudia
AU - Creazza, Alessandro
AU - Ramudhin, Amar
N1 - This is the author’s version of a work that was accepted for publication in International Journal of Production Economics. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in International Journal of Production Economics, 247, 2022 DOI: 10.1016/j.ijpe.2021.108400
PY - 2022/5/31
Y1 - 2022/5/31
N2 - The management of seafood processing by-products (SPBPs) is an interesting but underexplored topic in the circular economy (CE) research stream. The extant CE literature is mainly devoted to the topic's theoretical aspects and largely neglects the linkages between theory and practice, particularly in developing countries. This paper aims to empirically investigate CE implementation and its associated drivers and barriers in the context of SPBP management in a developing country. A multiple-case design is used on a sample of five firms that engage in SPBP treatment in Vietnam. We find evidence of circular practices in SPBP management that aim at cascading use and higher value creation. We also delineate eight drivers and 14 barriers rooted in four clusters: regulatory, socio-cognitive, economic and supply chain, and technological factors. In addition to generic factors, we identify three exclusive drivers and five unique barriers specific to our cases. The findings are then interpreted through the lens of extended institutional theory to derive a holistic framework that captures the dynamic influences of various factors on CE diffusion. Our framework includes two add-ons: institutional logic and uncertainty. ‘Legitimacy-embedded efficiency’ is established as a shared logic of CE, whereby economic growth is achieved in harmony with environmental protection via the optimal use of resources. Uncertainty moderates the relative influences of legitimacy and efficiency-related factors on CE diffusion. Our practical contribution is to offer an actionable guide for key stakeholders of the SPBP supply chain, including local authorities in the transition from low-efficiency practices to novel circular ones.
AB - The management of seafood processing by-products (SPBPs) is an interesting but underexplored topic in the circular economy (CE) research stream. The extant CE literature is mainly devoted to the topic's theoretical aspects and largely neglects the linkages between theory and practice, particularly in developing countries. This paper aims to empirically investigate CE implementation and its associated drivers and barriers in the context of SPBP management in a developing country. A multiple-case design is used on a sample of five firms that engage in SPBP treatment in Vietnam. We find evidence of circular practices in SPBP management that aim at cascading use and higher value creation. We also delineate eight drivers and 14 barriers rooted in four clusters: regulatory, socio-cognitive, economic and supply chain, and technological factors. In addition to generic factors, we identify three exclusive drivers and five unique barriers specific to our cases. The findings are then interpreted through the lens of extended institutional theory to derive a holistic framework that captures the dynamic influences of various factors on CE diffusion. Our framework includes two add-ons: institutional logic and uncertainty. ‘Legitimacy-embedded efficiency’ is established as a shared logic of CE, whereby economic growth is achieved in harmony with environmental protection via the optimal use of resources. Uncertainty moderates the relative influences of legitimacy and efficiency-related factors on CE diffusion. Our practical contribution is to offer an actionable guide for key stakeholders of the SPBP supply chain, including local authorities in the transition from low-efficiency practices to novel circular ones.
KW - Circular economy
KW - Institutional theory
KW - Seafood by-products
KW - Supply chain management
KW - Developing countries
KW - Case study
U2 - 10.1016/j.ijpe.2021.108400
DO - 10.1016/j.ijpe.2021.108400
M3 - Journal article
VL - 247
JO - International Journal of Production Economics
JF - International Journal of Production Economics
SN - 0925-5273
M1 - 108400
ER -