000108587 001__ 108587 000108587 005__ 20240319080946.0 000108587 0247_ $$2doi$$a10.1002/bse.2949 000108587 0248_ $$2sideral$$a125263 000108587 037__ $$aART-2022-125263 000108587 041__ $$aeng 000108587 100__ $$aDarmandieu, Aurore 000108587 245__ $$aHow does it pay to be circular in production processes? Eco-innovativeness and green jobs as moderators of a cost-efficiency advantage in European small and medium enterprises 000108587 260__ $$c2022 000108587 5060_ $$aAccess copy available to the general public$$fUnrestricted 000108587 5203_ $$aThis study investigates whether circularity in production processes generates a reduction of firms' production costs and the conditions that determine the intensity of this reduction. It explores the role of two moderators for this cost-efficiency advantage to emerge, namely, eco-innovativeness (investments dedicated to the adequate implementation of circular practices in current production processes) and green jobs (human resources dedicated to circular practices). Using data on 13,117 small and medium enterprises (SMEs) from the Flash Eurobarometer 2017, a cluster analysis revealed that there is a gradual path towards Circular Economy among European SMEs, with the implementation of increasingly more circular practices. Four ordered probit models confirmed that a higher level of circularity in processes achieved by European SMEs is related to a reduction in their production costs. Moreover, eco-innovativeness positively moderates this relation. In contrast, the relative share of green jobs in SMEs' workforce mitigates the impact of circularity on production costs. In practice, by engaging in circularity, SMEs can contribute to the United Nations goals for Sustainable Development while reducing production costs; although the level of this reduction depends on how circularity is implemented. 000108587 536__ $$9info:eu-repo/grantAgreement/ES/DGA-FEDER/S42-20R-CREVALOR$$9info:eu-repo/grantAgreement/ES/MICINN/EC02017-86305-C4-3-R$$9info:eu-repo/grantAgreement/ES/MINECO/PID2020-113338RB-I00 000108587 540__ $$9info:eu-repo/semantics/openAccess$$aby-nc-nd$$uhttp://creativecommons.org/licenses/by-nc-nd/3.0/es/ 000108587 590__ $$a13.4$$b2022 000108587 592__ $$a2.87$$b2022 000108587 591__ $$aBUSINESS$$b7 / 154 = 0.045$$c2022$$dQ1$$eT1 000108587 593__ $$aBusiness and International Management$$c2022$$dQ1 000108587 591__ $$aMANAGEMENT$$b7 / 227 = 0.031$$c2022$$dQ1$$eT1 000108587 593__ $$aStrategy and Management$$c2022$$dQ1 000108587 591__ $$aENVIRONMENTAL STUDIES$$b5 / 128 = 0.039$$c2022$$dQ1$$eT1 000108587 593__ $$aManagement, Monitoring, Policy and Law$$c2022$$dQ1 000108587 593__ $$aGeography, Planning and Development$$c2022$$dQ1 000108587 594__ $$a17.8$$b2022 000108587 655_4 $$ainfo:eu-repo/semantics/article$$vinfo:eu-repo/semantics/publishedVersion 000108587 700__ $$0(orcid)0000-0003-4045-5918$$aGarcés-Ayerbe, Concepción$$uUniversidad de Zaragoza 000108587 700__ $$aRenucci, Antoine 000108587 700__ $$0(orcid)0000-0001-9319-5895$$aRivera-Torres, Pilar$$uUniversidad de Zaragoza 000108587 7102_ $$14012$$2650$$aUniversidad de Zaragoza$$bDpto. Direcc.Organiza.Empresas$$cÁrea Organización de Empresas 000108587 7102_ $$14011$$2095$$aUniversidad de Zaragoza$$bDpto. Direc.Mark.Inves.Mercad.$$cÁrea Comerci.Investig.Mercados 000108587 773__ $$g31, 3 (2022), 1184-1203$$pBus. strat. environ.$$tBusiness Strategy and the Environment$$x0964-4733 000108587 8564_ $$s1920735$$uhttps://zaguan.unizar.es/record/108587/files/texto_completo.pdf$$yVersión publicada 000108587 8564_ $$s2009414$$uhttps://zaguan.unizar.es/record/108587/files/texto_completo.jpg?subformat=icon$$xicon$$yVersión publicada 000108587 909CO $$ooai:zaguan.unizar.es:108587$$particulos$$pdriver 000108587 951__ $$a2024-03-18-12:37:27 000108587 980__ $$aARTICLE