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Sustainable Circular Economy in the Wood Construction Industry: A Business Opportunity Perspective
| Content Provider | SAGE Publishing |
|---|---|
| Author | Piispanen, Ville-Veikko Suokas, Sini-Tuulia Henttonen, Kaisa Lehtimäki, Hanna |
| Copyright Year | 2022 |
| Abstract | This study aims to explore the main drivers of recognizing a circular economy business opportunity. In this multiple case study with six entrepreneurs from the wood construction industry is a relevant part of the circular economy because its essential component is a sustainable and renewable material (trees/wood) that reduces carbon emissions. This study contributes to previous research by showing that six traditional drivers influence the entrepreneur’s recognition of business opportunities: environmental conditions, social capital, prior knowledge, systematic search, cognition and entrepreneurial alertness. Moreover, they are intertwined in the complex and processual phenomenon known as business opportunity. Furthermore, for the drivers of sustainable opportunity recognition, prior knowledge on environment and altruism are critical. The recognition of opportunity is not solely based on any of the individual drivers; rather, it relies mostly on continuous interaction with the network when the entrepreneur is creating a business opportunity. |
| Related Links | https://journals.sagepub.com/doi/pdf/10.1177/22779779221080570?download=true |
| Starting Page | 27 |
| Ending Page | 34 |
| Page Count | 8 |
| ISSN | 22779779 |
| Issue Number | 1 |
| Volume Number | 11 |
| Journal | South Asian Journal of Business and Management Cases (BMC) |
| e-ISSN | 23210303 |
| DOI | 10.1177/22779779221080570 |
| Language | English |
| Publisher | Sage Publications India |
| Publisher Date | 2022-03-11 |
| Publisher Place | New Delhi |
| Access Restriction | Open |
| Rights Holder | © 2022 SAGE Publications |
| Subject Keyword | sustainability entrepreneur business opportunity Circular economy wood construction opportunity recognition qualitative study |
| Content Type | Text |
| Resource Type | Article |
| Subject | Business and International Management Strategy and Management Management of Technology and Innovation |
