{"title":"Impact of circular economy network building: resilience strategy to climate action","authors":"Chun-Chien Lin, Yu-Chen Chang","doi":"10.1108/ijccsm-12-2022-0150","DOIUrl":null,"url":null,"abstract":"\nPurpose\nThis study aims to examine how external and internal conditions drive the impact of circular economy mechanism by decomposing into three policy networks in terms of reduce, reuse and recycle, to better understand the contingency model of climate change and effect of firm size on subsequent performance.\n\n\nDesign/methodology/approach\nDrawing on circular economy network and resource-based view (RBV)-network-resilience strategy framework, a pooled longitudinal cross-sectional data model is developed using a sample of 4,050 Taiwanese manufacturing multinational corporations (MNCs) making foreign direct investment between 2013 and 2018. Structural equation modeling analysis is used to comprehensively examine and investigate each circular economy policy network in the context of climate change and firm size. Post hoc multigroup analysis (MGA) is also conducted.\n\n\nFindings\nMGA shows that the reduce policy network is positively and negatively related to manufacturing know-how and production size, respectively. The impact of reuse policy network can enhance the competence of large firms. The recycle policy network is more prominent in terms of competence enhancement of climate change.\n\n\nPractical implications\nMNCs are seeking to build circular economy policy networks to a greater extent, given climate change pressure and guidelines.\n\n\nOriginality/value\nThis study adds to the circular economy and RBV-network-related literature on climate change and interactions to enhance performance, echoing the recent call on the sustainability of the circular economy of MNCs.\n","PeriodicalId":46689,"journal":{"name":"International Journal of Climate Change Strategies and Management","volume":" ","pages":""},"PeriodicalIF":3.5000,"publicationDate":"2023-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Climate Change Strategies and Management","FirstCategoryId":"90","ListUrlMain":"https://doi.org/10.1108/ijccsm-12-2022-0150","RegionNum":3,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ENVIRONMENTAL STUDIES","Score":null,"Total":0}
引用次数: 0
Abstract
Purpose
This study aims to examine how external and internal conditions drive the impact of circular economy mechanism by decomposing into three policy networks in terms of reduce, reuse and recycle, to better understand the contingency model of climate change and effect of firm size on subsequent performance.
Design/methodology/approach
Drawing on circular economy network and resource-based view (RBV)-network-resilience strategy framework, a pooled longitudinal cross-sectional data model is developed using a sample of 4,050 Taiwanese manufacturing multinational corporations (MNCs) making foreign direct investment between 2013 and 2018. Structural equation modeling analysis is used to comprehensively examine and investigate each circular economy policy network in the context of climate change and firm size. Post hoc multigroup analysis (MGA) is also conducted.
Findings
MGA shows that the reduce policy network is positively and negatively related to manufacturing know-how and production size, respectively. The impact of reuse policy network can enhance the competence of large firms. The recycle policy network is more prominent in terms of competence enhancement of climate change.
Practical implications
MNCs are seeking to build circular economy policy networks to a greater extent, given climate change pressure and guidelines.
Originality/value
This study adds to the circular economy and RBV-network-related literature on climate change and interactions to enhance performance, echoing the recent call on the sustainability of the circular economy of MNCs.
期刊介绍：
Effective from volume 10 (2018), International Journal of Climate Change Strategies and Management is an open access journal. In the history of science there have been only a few issues which have mobilized the attention of scientists and policy-makers alike as the issue of climate change currently does. International Journal of Climate Change Strategies and Management is an international forum that addresses the need for disseminating scholarly research, projects and other initiatives aimed to facilitate a better understanding of the subject matter of climate change. The journal publishes papers dealing with policy-making on climate change, and methodological approaches to cope with the problems deriving from climate change. It disseminates experiences from projects and case studies where due consideration to environmental, economic, social and political aspects is given and especially the links and leverages that can be attained by this holistic approach. It regards climate change under the perspective of its wider implications: for economic growth, water and food security, and for people''s survival – especially those living in the poorest communities in developing countries.
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