This study addresses the challenges faced by small‐ and medium‐sized enterprises (SMEs) in undertaking sustainability projects due to limited resources and explores the factors influencing SMEs' adoption of circular economy (CE) practices, an area under‐researched in literature. Analysing data from 205 SMEs in Spain's forest bioeconomy sector using fuzzy sets (fs/QCA), the study finds that internal

Environmental innovation has become an important way for family firms to meet institutional requirements and market demands. Based on the dual perspectives of informal institution and environmental innovation, this study constructs a research framework of “culture‐innovation‐performance” to explore the relationship between Confucian culture, environmental innovation, and family firm performance as

Recent social movements, such as Black Lives Matter, have prompted brands and retailers to increase the use of minority ownership labels (e.g., Black-owned or woman-owned). The current research examines when and why minority ownership awareness influences consumer behavior, particularly for brand failures. When a brand failure occurs, minority ownership awareness can result in higher brand evaluations

The G20 has highlighted the urgency and importance of financing net zero transition. Investors, however, lack a systematic framework to assess the credibility (incentive‐compatibility) of corporate transition claims. As such, negative screening based on current GHG emissions or even sectors remains a dominant climate investment strategy. In response, this paper develops an economic foundation for credible

Environmental accidents (EAs) are firm operational failures that harm human health, the natural environment, and offending firms. We propose they also initiate a subtle form of activism among consumers living near the accident by stimulating increased “green” behavior. Using annual county‐level data in California from 2000 to 2015, we show that following an EA, consumers reduce the trash/garbage they

The decarbonization of the manufacturing sector is needed to meet the climate goals set by the Paris agreement. Most research so far has focused on large firms. Yet, medium‐sized and mid‐cap firms also face increasing pressures to decarbonize, particularly in their role as suppliers of large firms. Prior research shows that these firms are very heterogeneous and that approaches to decarbonize are not

Access to finance is crucial for sustaining entrepreneurial activity. Elaborating on resource dependence theory, we argue that the adverse impact of a loan rejection by a crowdlending platform is more severe than that of a rejection by a traditional financial institution. The data indicate that a failed crowdlending loan attempt is associated with a 14.80% increase in the probability of transitioning

Employing Industry 4.0 technologies has been recognized to facilitate data‐driven decision‐making and real‐time operational insights. While such technologies are poised to streamline supply chains for increased efficiency, the nexus between these technologies and environmental sustainability remains underexplored. This study applies the resource‐based view and network theories to assess the role of

The United Nations Sustainable Development Goals (SDGs) are changing the way multinational enterprises (MNEs) engage with host governments. The SDGs offer MNEs a unique opportunity to build political influence by assisting governments in attaining a host country’s social needs. However, international business scholars have largely remained silent on how MNEs strategize to repurpose ‘doing good’ into

This work analyzes, under a strategic approach, the role of organizational resilience (OR) in connecting pioneering orientation (PO) and sustainability orientation (SO), thus filling a significant and unexplored gap in the literature. The empirical study was conducted on a sample of 223 companies in the cultural tourism industry in Spain. The results show a total mediating effect of OR in the relationship

This paper aims to perform a hybrid study with a focus on empirical modeling (EM) and its applications in sustainable supply chain management (SSCM) concepts using bibliometric, network, thematic, and content analyses. The outcomes provide a viewpoint on literature categorization and several innovative insights and perspectives into contemporary research trends in this field. The review is undertaken

This study investigates how multinational enterprises (MNEs) navigate sanctioned regimes using the Myanmar context following a 2021 military coup. We find that without formal institutional pressures, MNEs exit voluntarily due to informal stakeholder pressures. However, such exits are often considered irresponsible as MNEs transfer assets to unethical buyers or the sanctioned regime, thus potentially

No abstract is available for this article.

No abstract is available for this article.

This study examines the effects of heightened awareness of circular economy (CE) principles on individuals' evaluations of sustainable development within Brazil's resource‐rich yet environmentally challenged context. Employing social learning theory (SLT) as our theoretical framework, we investigate how increased knowledge of CE influences individuals' cognitive perceptions, enhancing their understanding

Achieving the goals of the 2030 agenda for sustainable development requires substantial investment and depends on the ability to attract private capital to complement public resources. Venture Capital (VC) investments have traditionally focused on sectors such as technology, healthcare, and clean energy, which align closely with the enhancement of sustainable development, and VC investors can accelerate

This study investigates the impact of Environmental, Social, and Governance (ESG) practices on consumer behavior, focusing on the role of psychological distance in shaping purchase intentions. Using construal level theory as the theoretical framework, primary survey data from South Korean consumers were analyzed. The findings reveal that social and governance activities within ESG positively influence

This paper examines how entrepreneurs manage temporal commitments associated with hyped audience expectations. We examine hype in the crowdfunding context, conducting an inductive study of 155 entrepreneur project updates from five new ventures that mobilized significant funding on Kickstarter. Entrepreneur updates were matched with 17,807 backer comments, creating call and response pairs. Using LIWC

In today's rapidly evolving landscape, supply chains must develop specific dynamic capabilities for initiating and successfully governing their transformations toward new configurations to withstand pressures arising from competitions and global changes. Differently from dynamic capabilities that enable adaptation, supply chain transformative capabilities include four core dimensions: triggering, envisioning

Buy Now Pay Later (BNPL) installment payments allow customers to pay for purchases in a series of interest-free installments over a short period of time. This research provides novel insights into how customer adoption of BNPL installment payments impacts spending. The authors leverage customer-level transaction data before and after the introduction of a BNPL installment payment service at a large

Air pollution is a growing concern to economies and societies worldwide. Despite common knowledge that air pollution impairs our emotions and cognition and hence behavioral outcomes, the impact of air pollution on consumer spending remains an open question. Analyzing air quality readings and individual-level credit card transactions in South Korea, this paper shows that consumers spend more money when

By following 17 entrepreneurial ventures throughout the COVID-19 pandemic, we show how entrepreneurial ventures can resourcefully mobilize resources throughout crisis—when resource constraints and opportunities for resource mobilization shift erratically. In a period marked by significant resource constraints, a temporary field emerged, centered around societal consequences of the crisis and temporarily

This article explores the counterintuitive notion that congruence in the importance family firm supervisors and their employees place on socioemotional wealth is negatively associated with employee citizenship and proactive behaviors, while incongruence has positive effects. Results from polynomial regression analysis of data collected from 159 family firm supervisor–employee dyads support our complacency

Different social exchange relationships among family members and between family and non-family stakeholders influence individual, group, and family-firm outcomes. Although many studies provide insights into social exchange relationships in family businesses, these studies are scattered across multiple literatures. Using the lens of social exchange theory, we review and organize 74 such studies. After

There is a growing interest in exploring the practice-based foundations of entrepreneurship education. Despite significant advancement in scholarship regarding entrepreneurship education, our understanding of the ‘educator’, especially how they develop and sustain their abilities to enable learning in practice-based entrepreneurship education, remains sorely understudied. In contrast to existing cognitive

This study adopts an ecosystem perspective to provide a detailed understanding of key challenges and enablers for implementing circular business models for electric vehicle battery second life. Although academia and practitioners believe electric vehicle (EV) batteries' second life is a potential solution, the commercial implementations are still far away. A crucial step toward such implementations

The current study aims to investigate the relationships between sustainability and the textile–clothing–leather–footwear (TCLF) industries in four countries, France, Germany, Italy, and Spain. The quantitative approach involved using the linear regression model for data from 2010 to 2020 related to three independent variables of TCLF configurations and six dependent variables of sustainability. Our

Circular business model innovation is an important driver for the implementation of circular economy across industries and has become one of the central research debates in recent years. However, while macro‐, meso‐, and organizational level factors influencing circular business model innovation have attracted vast research interest, less is known about micro‐, individual level factors. The question

Foreign-born entrepreneurs are crucial for new ventures and regional growth. A key driver of their success is selection into business accelerator programs. We theorize that foreign-born founders with local residency and work experience are more likely to be selected by these programs. However, the institutional distance between an entrepreneur's host and the birth country reduces their likelihood of

This study investigates how venture capitalists (VCs) balance upside potential and downside risk across investment stages. Drawing on the attention-based view, we propose a situated attention mechanism—that is, the investment stage represents a situational consideration affecting VC’s attention allocation to different risk dimensions. We argue that varying staging situations drive VCs to prioritize

This study examines the influence of market conditions—hot versus cold—on the decision-making processes of venture capitalists (VCs). Prior research suggests that VCs prefer costly signals over cheap talk when assessing new ventures under static conditions. However, based on a cognitive perspective, we argue that the dynamic nature of market conditions alters VCs’ information processing. In cold markets

Previous studies on the connection between sustainability disclosure (SD) and corporate reputation (CR) yielded varying results. This study presents a quantitative analysis of the impact of SD on CR, based on previous empirical studies, while determining the influence of substantive (SD and CR measures), methodological (unit and type of analysis), and extrinsic (number of countries, country legal system

This study aims to identify various Industry 4.0 technological enablers and analyze their relationships in achieving transparency in sustainable supply chains. Initially, 17 Industry 4.0 technological enablers were selected based on an extensive literature review of sustainable supply chains and evaluated through Systems and Information Processing theories. Using the fuzzy Delphi method, these enablers

Digital product innovation (DPI) is critical for the survival of firms, especially those operating in traditional industrial-age industries. While research has started to investigate digital innovation in family firms (FFs) considering them as a monolithic group, we still lack a more nuanced perspective that considers heterogeneity among FFs with respect to DPI and what drives such variance. Drawing

We examine the impact of takeover vulnerability on firm‐specific climate change exposure using sophisticated text‐based metrics generated from machine learning algorithms and a measure of takeover vulnerability primarily derived from state takeover laws. Based on a large sample of more than 28,000 observations, our findings show that firms more vulnerable to hostile takeovers have higher exposure to

Consumer choice deferral contributes to the low conversion rate in online retailing. This paper investigates the impact of visual product frames on consumers’ decisions regarding choice deferral. We show that using visual frames to separate options in a product assortment increases consumers’ relative use of the by-alternative (vs. by-attribute) approach for option comparisons, which induces greater

How do managers time the launch of new technologies? Without actionable frameworks to ensure consumers and other stakeholders are ready, innovation releases remain a risky endeavor. Previous work on legitimacy has focused on stages following a product launch. However, launch timing concerns shared expectations of when actions should occur prior to launch. This conceptual article evaluates the alignment

We propose a typology that captures the heterogeneity of international new ventures’ (INVs’) entrepreneurial behavior and their commitment to foreign markets. The typology identifies four types of INVs, highlighting the dynamic interplay between the degree of radicalness of their entrepreneurial behavior and the level of their foreign market commitment. By integrating theories from both international

Introducing an innovation does not end, but rather starts, with adoption. In fact, some innovations display network elements and require more than one firm to take them up in order to be successful and deliver the intended results. Such is the case of NDC (new distribution capability), an airline-fostered enhancement of the way air travel services are conveyed and distributed from carriers to travel

Official online stores and online marketplaces present distinct challenges and opportunities for retail brands, impacting their control over the customer experience, pricing, and brand presentation. Understanding consumer intentions in online channel selection is crucial, especially given the rise of online shopping and the impact of the COVID-19 pandemic on consumer behavior. This study explores the

Under what conditions do originators of innovation benefit from knowledge spillover by learning from knowledge recipients, and when do they not? This study examines how originator firms’ learning from recipients differs depending on their spillover characteristics. These characteristics were captured using the . It also examines how technological alliances moderate the relationship between SKP characteristics

Cooperativism, as an agent of social innovation, significantly contributes to fostering a dynamic economy and plays a fundamental role in rural areas. Analyses of profitability in cooperatives versus Investor-Owned Firms (IOFs) show disparate results depending on the methodology and indicators used. This disparity of results is largely due to the fact that common indicators are used in the business

Recent decades have seen an increasingly awareness of climate changes, putting a pressure on companies to do more to deal with carbon emission. One of the popular measures used in assessing how well a company commits to sustainable development and reduces carbon emissions is ESG ratings. Given the importance of both ESG ratings and carbon footprints on our society and the target of net zero by 2050

Industrial symbiosis (IS) is a collaborative strategy where organisations share or exchange by‐products, materials, energy or waste to address environmental degradation, resource depletion and sustainable productivity. Knowledge sharing, which can be supported by a facilitator, is commonly expected to enable exploration and assessment of potential exchanges during IS emergence. Drawing on a multi‐case

This study investigates which local conditions enable community-based enterprises (CBEs) to create impact. Advancing our limited understanding of the various contexts that enable CBEs to tackle societal issues locally, we investigate supportive conditions across 77 CBEs driving the energy transition in their geographic community. Through qualitative comparative analysis, we identify four condition

This study examines the influence of participative leadership and cultural factors on employees’ speaking-up behaviour and knowledge-sharing in supplier development initiatives in the garment industry. Specifically, this study investigates the impact of leadership effectiveness, cultural dimensions, and individual characteristics using surveys and interviews. Our findings indicate that participative

The impact of primary sanctions on firms has been well-documented in the literature. However, the impact of secondary sanctions on businesses in third countries and their strategic responses has been under-researched. This study explores this issue by investigating Vietnamese timber exporters in the context of US-China economic sanctions. Taking a case study approach, interviews were conducted with

Consumer attention to carbon footprint labels may trigger efforts to adjust the agri‐food sector toward more sustainable production. To assess attention levels, we used milk and bread products in an information display matrix (IDM), allowing consumers to direct attention or ignore various food product attributes. Our method improved upon previous IDM applications by introducing real‐world complexity

This study investigates the role of cash flow uncertainty and firm life cycle on sustainability disclosures using environmental, social and governance (ESG) disclosure score data. We conduct our analysis on a sample of 190 Indian firms for a period of 12 years from 2010 to 2021. Drawing upon the real‐option theory and organisational‐inertia theory, we document a negative impact of cash flow uncertainty