Issue |
E3S Web of Conf.
Volume 558, 2024
4th International Conference on Sustainable, Circular Management and Environmental Engineering (ISCMEE 2024)
|
|
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Article Number | 01004 | |
Number of page(s) | 11 | |
DOI | https://doi.org/10.1051/e3sconf/202455801004 | |
Published online | 02 August 2024 |
Fostering technology adoption towards sustainable-oriented innovation: Does circular economy matter?
1 Politeknik Negeri Bali, Department of Business Administration, 80364, Tuban, Indonesia
2 Politeknik Negeri Bali, Department of Electrical Engineering, 80364, Tuban, Indonesia
3 Universitas Udayana, Faculty of Economics and Business, 80361, Denpasar, Indonesia
* Corresponding author: wayanediarsawan@pnb.ac.id
The existing literature has yet to expose the linkage between circular economy and sustainability-oriented innovation, notably SMEs in developing countries. The present study focuses on recognizing the impact of technology on adopting a circular economy and its consequential effect on sustainability-oriented innovation. Responses obtained from 201 Indonesian SMEs were further examined by structural equation models to explore the direct and indirect influences among the constructs. The study demonstrates that technology adoption and circular economy underpin the implementation of sustainability-oriented innovation and mediate the linkage between technology adoption and sustainability-oriented innovation. It is a primary implication for SME managers to scale up technology investment that facilitates sustainable solutions.
© The Authors, published by EDP Sciences, 2024
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