IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v10y2018i4p1009-d138652.html
   My bibliography  Save this article

Business Models for Social Innovation of Municipal Solid Waste Recycling Companies: Comparison of Two Business Cases in Thailand and Taiwan

Author

Listed:
  • Xiujuan Chen

    (Institute for Food Safety Risk Management, School of Business, Jiangnan University, Wuxi 214122, China)

  • Chih-Tsung Tai

    (Department of Business Administration, Cheng Shiu University, Kaohsiung 83347, Taiwan)

  • Linhai Wu

    (Institute for Food Safety Risk Management, School of Business, Jiangnan University, Wuxi 214122, China)

  • Fu-Sheng Tsai

    (Department of Business Administration, Cheng Shiu University, Kaohsiung 83347, Taiwan
    Loonguard Research Institute, Guangzhou 510000, China)

  • Kotchaphorn Srimanus

    (Department of Business Administration, Cheng Shiu University, Kaohsiung 83347, Taiwan)

Abstract

The significant increase of municipal solid wastes (e.g., food disposals, biomedical wastes, recyclable materials, etc.) is a very important environmental issue around the world. Waste recycling, reduction, and reuse are not only methods to solve environmental problems, but also directions for social innovation for business to create potential social value. This study investigates the business models of two waste recycling companies in Thailand and Taiwan. First, the basic micro and macro environmental factors were analyzed, including the period of firm’s business operations, location of the firm, space for separating and storing recyclable waste and various types of recyclable waste purchasing affecting the firms’ performance in these two economies. Second, different recyclable waste materials, volumes and price strategies between the case companies were compared. Third, this study also investigates the impacts of factors regarding resource characteristics, a firm’s capabilities and an entrepreneur’s abilities to improve a firm’s performance all compose a critical business model. The results showed that there were an increasing number of owners of waste recycling businesses developing and adapting to new business models. Detailed comparisons are reported and discussed in the article to shed light on managerial and policy implications.

Suggested Citation

  • Xiujuan Chen & Chih-Tsung Tai & Linhai Wu & Fu-Sheng Tsai & Kotchaphorn Srimanus, 2018. "Business Models for Social Innovation of Municipal Solid Waste Recycling Companies: Comparison of Two Business Cases in Thailand and Taiwan," Sustainability, MDPI, vol. 10(4), pages 1-13, March.
    • Handle: RePEc:gam:jsusta:v:10:y:2018:i:4:p:1009-:d:138652
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/10/4/1009/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/10/4/1009/
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Alan, Hale & Köker, Ali Rıza, 2023. "Analyzing and mapping agricultural waste recycling research: An integrative review for conceptual framework and future directions," Resources Policy, Elsevier, vol. 85(PB).
    2. Juhong Chen & Di Wu & Peng Li, 2018. "Research on the Pricing Model of the Dual-Channel Reverse Supply Chain Considering Logistics Costs and Consumers’ Awareness of Sustainability Based on Regional Differences," Sustainability, MDPI, vol. 10(7), pages 1-31, June.
    3. Tachia Chin & Yin Yang & Pei Zhang & Xiaofen Yu & Luying Cao, 2019. "Co-creation of Social Innovation: Corporate Universities as Innovative Strategies for Chinese Firms to Engage with Society," Sustainability, MDPI, vol. 11(5), pages 1-13, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:10:y:2018:i:4:p:1009-:d:138652. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.