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      Circular Green Economy: An Analysis Based on the Theory of Resources and Capabilities Translated title: Economía circular verde: Un análisis basado en la teoría de los recursos y las capacidades

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          Abstract

          Abstract The main objective of the present investigation was to analyze the model of the Circular and Green Economy (CGE) from the point of view of the resources and capacities of the organization. Regarding the design and methodology: used in this research was descriptive and correlational through the VRIO framework (Value, rarity, inimitability and organization). The results obtained show that CE represents an essential factor within an operational level with a social impact. Also, when used as an internal resource of the company, it becomes a competitive advantage through resources and capabilities. The findings are relevant and of great value because there are currently not enough investigations that are focused on the variables analyzed on the business sector.

          Translated abstract

          Resumen El objetivo principal de la presente investigación fue analizar el modelo de la Economía Circular y Verde (ECV) desde el punto de vista de los recursos y capacidades de la organización. En cuanto al diseño y metodología: empleado en la presente investigación fue de tipo descriptivo y correlacional mediante el marco VRIO (Valor, rareza, inimitabilidad y organización). Los resultados obtenidos demuestran que la EC representa un factor escencial dentro de un plano operativo con un impacto social. Asimismo, al ser utilizado como un recurso interno de la empresa se converte en una ventaja competitiva a través de los recursos y capacidades. Los hallazgos son relevantes y de gran valor debido a que actualmente no hay suficientes investigaciones que estén enfocados en las variables analizadas sobre el sector empresarial.

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          Most cited references46

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          Product design and business model strategies for a circular economy

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            Green and sustainable practices in the construction industry: A confirmatory factor analysis approach

            The purpose of this paper is to differentiate between sustainable and green construction and significantly contribute to empirical investigations related to the impact of green construction factors on sustainable performance and to test the theory of planned behavior in the construction context and empirically assess green construction factors and the performance model. The model incorporates green construction factors that link construction activities with suppliers and customers to support environmental sustainability. Data collected from 120 construction industry respondents were analyzed using exploratory factor analysis, which identified seven green construction factors. Two conformity factor analysis models were created to test the relationship fitness of the components and measure the impact of green construction factors on the sustainable performance of the construction. The results provide substantial evidence that shows that the adoption of green construction factors by construction firms leads to improved sustainable performance. The overall perspective of respondents within the construction industry, according to the questionnaire survey, shows that the benefits, such as an improved corporate image and sustainable competitive advantage, increase compliance with customers’ expectations within the construction industry. This study covered private construction companies and measured the construction industry professional’s feedback without including the clients. The results of this study will support the future success of ecological sustainability and green construction initiatives, mainly on enforcement and incentives; moreover, the results of this study will ensure that regulations will cover green practices for all types of projects and will be formally monitored for compliance. The originality of this paper stems from drawing boundaries between green and sustainable construction and exploring the impact of green management on the sustainable performance of the construction industry. Most of the related previous works have used the concepts of green and sustainability interchangeably, and there is a lack of studies in this regard, particularly in the construction industry.
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              Our common future

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                Author and article information

                Journal
                ec
                Economía Coyuntural
                Revista de coyuntura y perspectiva
                Universidad Autónoma Gabriel René Moreno; Facultad de Ciencias Económicas, Administrativas y Financieras; Instituto de Investigaciones Económicas y Sociales José Ortiz Mercado IIESJOM (Santa Cruz de la Sierra, , Bolivia )
                2415-0622
                2415-0630
                March 2020
                : 5
                : 1
                : 38-70
                Affiliations
                [03] orgnameUniversidad de Guadalajara mar.morales.medrano@ 123456gmail.com
                [02] orgnameUniversity of Guanajuato jorge.lemux@ 123456hotmail.com
                [01] orgnameUniversity Center for Economic and Managerial Sciences orgdiv1University of Guadalajara jvargas2006@ 123456gmail.com
                Article
                S2415-06222020000100004 S2415-0622(20)00500100004
                b9101b2f-46f6-4a18-8279-927d3ce471ba

                This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

                History
                : 30 October 2019
                : 07 February 2020
                Page count
                Figures: 0, Tables: 0, Equations: 0, References: 46, Pages: 33
                Product

                SciELO Bolivia

                Self URI: Full text available only in PDF format (EN)
                Categories
                ACADEMIC ARTICLES

                VRIO Analysis,Estrategia,Análisis VRIO,Recursos y Capacidades,Economía Circular,Strategy,Resources and Capacities,Circular Economy

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