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Transitioning to Digital Circular Economy Practices : A Case Study on SMEs
Tekijät: Akahome, Joy Eghonghon
Toimittaja: Singh, Rubee; Kumar, Vikas
Kustantaja: Springer Nature
Julkaisuvuosi: 2025
Kokoomateoksen nimi: Sustainable Innovations and Digital Circular Economy
Tietokannassa oleva lehden nimi: Sustainable Innovations and Digital Circular Economy
Aloitussivu: 229
Lopetussivu: 248
ISBN: 978-981-96-1063-1
eISBN: 978-981-96-1064-8
DOI: https://doi.org/10.1007/978-981-96-1064-8_12
Verkko-osoite: https://doi.org/10.1007/978-981-96-1064-8_12
Tiivistelmä
Integrating digital technologies in the practice ofCE has been transformed which led to the emergence of the digital circular economy (DCE), which balances digital tools to improve circularity. Small and medium enterprises (SMEs) are necessary for international economic growth and face specific challenges and opportunities in the adoption of DCE practices. This study explores the SMEs transition to digital circular economy practices with the use of a qualitative case study approach that focused on the pure (sachet) water industry in Nigeria. The methods for collecting data consist of semi-structured interviews, observations, and document analysis to understand the experiences, challenges, and strategies of SMEs in their transition to circular models. The findings reveal that while these SMEs recognize the benefits of digital circular practices such as cost savings, improved brand reputation, and compliance with regulatory bodies, they face significant challenges of lack of funds, experience and limitation of supply chain and digital track system.Despite these challenges, some localized strategies were implemented such as reducing waste and partnering with local communities have encouraged SMEs to make progress toward circularity. The study highlights the importance of building a supportive policies, having access finance, and getting initiatives for capacity-building to facilitate the global adoption ofDCEpractices among SMEs.These information contributes to the growing body of knowledge on the implementation of digital circular economy in developing countries and offers some practical recommendations for policymakers, industry practitioners, and researchers whose aim is to foster technological sustainable business practices.
Integrating digital technologies in the practice ofCE has been transformed which led to the emergence of the digital circular economy (DCE), which balances digital tools to improve circularity. Small and medium enterprises (SMEs) are necessary for international economic growth and face specific challenges and opportunities in the adoption of DCE practices. This study explores the SMEs transition to digital circular economy practices with the use of a qualitative case study approach that focused on the pure (sachet) water industry in Nigeria. The methods for collecting data consist of semi-structured interviews, observations, and document analysis to understand the experiences, challenges, and strategies of SMEs in their transition to circular models. The findings reveal that while these SMEs recognize the benefits of digital circular practices such as cost savings, improved brand reputation, and compliance with regulatory bodies, they face significant challenges of lack of funds, experience and limitation of supply chain and digital track system.Despite these challenges, some localized strategies were implemented such as reducing waste and partnering with local communities have encouraged SMEs to make progress toward circularity. The study highlights the importance of building a supportive policies, having access finance, and getting initiatives for capacity-building to facilitate the global adoption ofDCEpractices among SMEs.These information contributes to the growing body of knowledge on the implementation of digital circular economy in developing countries and offers some practical recommendations for policymakers, industry practitioners, and researchers whose aim is to foster technological sustainable business practices.
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