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Stakeholder Engagement Mechanisms and Value Creation in Circular Entrepreneurship

In: Stakeholder Engagement in a Sustainable Circular Economy

Author

Listed:
  • Beatrice Re

    (University of Pavia)

  • Giovanna Magnani

    (University of Pavia)

Abstract

This chapter contributes to the circular entrepreneurship literature regarding the empirical analysis of the stakeholder engagement mechanisms in place between small and medium-sized enterprises (SMEs) and their key stakeholders. The context of analysis is circular entrepreneurship, consisting in the processes of formation and exploitation of opportunities to address key environmental challenges and requiring firms to establish close relationships with a series of stakeholders to narrow, slow, and close the resource loops. Through a multiple case study methodology involving four Finnish circular SMEs and their key stakeholders, this chapter investigates how firms engage their stakeholders, and which are the underlying key stakeholder engagement mechanisms leading to value creation. We summarise our findings in a conceptual framework of stakeholder engagement mechanisms in circular entrepreneurship, reflect upon the limits and challenges that stakeholder engagement may have in fostering value creation and circular practices, and suggest avenues for further research.

Suggested Citation

  • Beatrice Re & Giovanna Magnani, 2023. "Stakeholder Engagement Mechanisms and Value Creation in Circular Entrepreneurship," Springer Books, in: Johanna Kujala & Anna Heikkinen & Annika Blomberg (ed.), Stakeholder Engagement in a Sustainable Circular Economy, chapter 0, pages 235-271, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-31937-2_8
    DOI: 10.1007/978-3-031-31937-2_8
    as

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