TY - JOUR
T1 - Factors for implementation of circular economy in firms in covid-19 pandemic times
T2 - The case of Peru
AU - Alvarez-Risco, Aldo
AU - Estrada-Merino, Alfredo
AU - Rosen, Marc A.
AU - Vargas-Herrera, Annia
AU - Del-Aguila-Arcentales, Shyla
N1 - Funding Information:
Funding: This research received no external funding. Authors financed this work.
Publisher Copyright:
© 2021 by the authors. Licensee MDPI, Basel, Switzerland.
PY - 2021/9
Y1 - 2021/9
N2 - The circular economy can contribute to the eco-efficient use of resources. Firms can obtain relevant benefits if they implement a circular economy. In Peru, the circular economy would create benefits, but it is not fully clear what factors explain the acceptance of firms of implementing a circular economy. Following the theory of planned behavior, the current research assesses the influence of attitudes, subjective norms, perceived behavioral norms, intentions, and pressures on behaviors towards the circular economy. A total of 71 medium-size firms based in Peru participated in an online survey. Six questions were focused on general information, and forty-seven questions evaluated the circular economy behavior of firms. A partial least square structural equation modeling technical analysis was used. It was found that attitudes (0.144), subjective norms (0.133), and perceived behavioral control (0.578) had a positive influence on intentions; also, perceived behavioral control (0.461) had a positive influence on behaviors towards the circular economy. Finally, pressures had a positive influence (0.162) on behaviors towards the circular economy. The model explained 64.3% of the behaviors towards the circular economy. The outcomes of the bootstrapping test were used to evaluate if the path coefficients are significant. This study showed that attitudes, subjective norms, perceived behavioral norms, intentions, and pressures explained circular economy behaviors. This information can help firms develop strategies to move forward a circular economy and provide governments information about the current situation of circular economy implementation to generate new norms and strategies for more implementation of circular economy measures in enterprises. The novelty is based on using the PLS-SEM technique.
AB - The circular economy can contribute to the eco-efficient use of resources. Firms can obtain relevant benefits if they implement a circular economy. In Peru, the circular economy would create benefits, but it is not fully clear what factors explain the acceptance of firms of implementing a circular economy. Following the theory of planned behavior, the current research assesses the influence of attitudes, subjective norms, perceived behavioral norms, intentions, and pressures on behaviors towards the circular economy. A total of 71 medium-size firms based in Peru participated in an online survey. Six questions were focused on general information, and forty-seven questions evaluated the circular economy behavior of firms. A partial least square structural equation modeling technical analysis was used. It was found that attitudes (0.144), subjective norms (0.133), and perceived behavioral control (0.578) had a positive influence on intentions; also, perceived behavioral control (0.461) had a positive influence on behaviors towards the circular economy. Finally, pressures had a positive influence (0.162) on behaviors towards the circular economy. The model explained 64.3% of the behaviors towards the circular economy. The outcomes of the bootstrapping test were used to evaluate if the path coefficients are significant. This study showed that attitudes, subjective norms, perceived behavioral norms, intentions, and pressures explained circular economy behaviors. This information can help firms develop strategies to move forward a circular economy and provide governments information about the current situation of circular economy implementation to generate new norms and strategies for more implementation of circular economy measures in enterprises. The novelty is based on using the PLS-SEM technique.
KW - Attitudes
KW - Behaviors towards a circular economy
KW - Circular economy
KW - Circularity
KW - COVID-19
KW - Intentions
KW - Perceived behavioral control
KW - Peru
KW - Pressures
KW - Subjective norms
KW - Sustainability
UR - https://hdl.handle.net/20.500.12724/14213
UR - http://www.scopus.com/inward/record.url?scp=85115736784&partnerID=8YFLogxK
UR - https://www.mendeley.com/catalogue/0c9363fb-38fd-3f97-92f4-cba03990675e/
U2 - 10.3390/environments8090095
DO - 10.3390/environments8090095
M3 - Artículo (Contribución a Revista)
AN - SCOPUS:85115736784
VL - 8
JO - Environments
JF - Environments
IS - 9
M1 - 95
ER -