Managerial decisions and new product development in the circular economy model enterprise: absorptive capacity and a mediating role of strategic orientation.
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CHAKRABARTI, BHASKAR DECISIONSummary:
The study explains the flow of knowledge in the circular economy model enterprises. We analyze the impact of managerial decisions on the absorptive capacity, which is new product development, considering the role of critical elements of strategic orientation (innovation and costs) in the textile industry. Based on the verification of hypotheses by employing the SEM method, innovation orientation is a mediator between adaptability-oriented decisions and transformation, and between adaptability-oriented decisions and exploitation. Ambidexterity-oriented decisions affect absorptive capacity. These findings semanticize and extend previous research, indicating that strategic activities focused on eco-innovations are transformed into the process of creating a new product. [ABSTRACT FROM AUTHOR]
| Item type | Current library | Call number | Vol info | Status | Notes | Date due | Barcode | Item holds | |
|---|---|---|---|---|---|---|---|---|---|
Journal Article
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Main Library | Vol 50, No 1/55513645JA3 (Browse shelf(Opens below)) | Vol 50, No 1 | Available | Vol 50, No 1 March 2023 | 55513645JA3 | |||
Journals and Periodicals
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Main Library On Display | Vol 50, No 1/55513645 (Browse shelf(Opens below)) | Vol 50, No 1 (31/03/2024) | Not for loan | Decision - March 2023 | 55513645 |
The study explains the flow of knowledge in the circular economy model enterprises. We analyze the impact of managerial decisions on the absorptive capacity, which is new product development, considering the role of critical elements of strategic orientation (innovation and costs) in the textile industry. Based on the verification of hypotheses by employing the SEM method, innovation orientation is a mediator between adaptability-oriented decisions and transformation, and between adaptability-oriented decisions and exploitation. Ambidexterity-oriented decisions affect absorptive capacity. These findings semanticize and extend previous research, indicating that strategic activities focused on eco-innovations are transformed into the process of creating a new product. [ABSTRACT FROM AUTHOR]
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