The path analysis of entrepreneurship impacts on circular economy in emerging markets: a mediating role of digital technology
ISSN: 0025-1747
Article publication date: 18 September 2023
Issue publication date: 5 September 2024
Abstract
Purpose
The purpose of this article is to explore the impact of the firm's entrepreneurship for the transformation of circular economy (CE). The role of entrepreneurship is thought to be important for the process of four Rs in the CE, and the authors have tried to study the role and impact path of entrepreneurship in CE.
Design/methodology/approach
Empirical data from Chinese listed firms are collected, and a measure of digital technology is constructed by text mining method. Mediation analysis method is used to test the proposed hypothesis.
Findings
The results show that the innovation entrepreneurship has a significant positive impact upon the CE and digital technology is playing a mediating role in the impact path. However, the business entrepreneurship is negatively affecting the CE adoption. Also, the proportion of shares hold by the institution has a heterogenous influence for the innovation entrepreneurship.
Practical implications
This study guides policy makers about the role of entrepreneurship and the mediating effect of digital technology and to encourage the adoption of CE for firms.
Originality/value
This study reveals the mediation effect of digital technology in the impact of entrepreneurship on CE in the emerging market. The heterogeneity of the proportion of shares hold by the institutions is also analyzed in the empirical study.
Keywords
Acknowledgements
This research was supported by the The National Social Science Fund of China (No. 21BTJ066, 22ATJ004, 22&ZD162), Zhejiang Province Natural Science Foundation (LR20G030001), Zhejiang Gongshang University Digital + Foundation (SZJ2022C003), The Characteristic & Preponderant Discipline of Key Construction Universities in Zhejiang Province (Zhejiang Gongshang University-Statistics).The authors also thank to the anonymous reviewers and Prof. Domingo Ribeiro for their valuable comments.
Expression of concern: The publisher of Management Decision is issuing an Expression of Concern for the following article “Gu, W., Li, L., Zhang, S. and Yi, M. (2023), “The path analysis of entrepreneurship impacts on circular economy in emerging markets: a mediating role of digital technology”, Management Decision, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/MD-11-2022-1595”, which was submitted to the guest-edited special issue ‘Navigating the role of circular economy in entrepreneurship: Opportunities and challenges’. An investigation by the publisher found a number of articles with multiple concerns, including but not limited to compromised editorial handling and reviewing, undisclosed conflicts of interest, and lack of suitability for the scope of the journal. As a result of these concerns and as trust in the content is central to the integrity of the publication process, the Editor-in-Chief and publisher have taken the decision to publish an Expression of Concern for all articles within this special issue. The journal has not been able to confirm whether the authors were aware of these concerns. An investigation is ongoing and is currently unresolved. Further information will be provided by Management Decision as it becomes available.
Citation
Gu, W., Li, L., Zhang, S. and Yi, M. (2024), "The path analysis of entrepreneurship impacts on circular economy in emerging markets: a mediating role of digital technology", Management Decision, Vol. 62 No. 9, pp. 2900-2914. https://doi.org/10.1108/MD-11-2022-1595
Publisher
:Emerald Publishing Limited
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