Barriers to the circular economy in European small and medium‐sized firms

The concept of the circular economy (CE) is currently gaining impetus as a way to move towards sustainable, low‐carbon, resource‐efficient, and competitive economies. However, despite the potential benefits of CE activities, their implementation remains relatively rare. We use a cross‐sectional survey of European small and medium‐sized firms (SMEs) to identify the main barriers firms face to promote the CE, focusing specifically on the following: those related to a lack of resources (human and financial) and capabilities (expertise) and those related to the regulatory framework (administrative procedures and the costs of meeting the regulations). Our results indicate that it is the complexity of administrative/legal procedures and the costs of meeting regulations/legal standards that constitute the most significant barriers, whereas the lack of human resources is also perceived to be an obstacle by firms engaged in CE activities. Those obstacles may be considered revealed barriers, and it is only when the firms become involved in these activities that they actually perceive them. Furthermore, when we consider the breadth of CE activities, administrative procedures and regulations once again emerge as the most significant obstacles. Finally, we stress the need to distinguish between different CE activities given that the perception of barriers differs substantially across these activities. Firms undertaking a disruptive innovation redesigning products and services to minimize the use of materials are more likely to perceive all barriers as important. However, firms implementing such activities as minimizing waste, replanning energy usage, and using renewable energy only perceive those obstacles related to administrative procedures and regulations.     

Systems of collective employee representation in non-union firms in the UK

Legislative developments and some renewal of managerial interest are drawing attention to systems of employee representation in the non-union sector. This article examines such data as exist on the extent and effectiveness of such systems, asks whether they can provide effective substitutes for union-based systems, and argues that this appears unlikely.     

Barriers to Managing Diversity in a UK Constabulary: The Role of Discourse

The literature on diversity management has tended to obfuscate some of the theoretical and methodological shortcomings associated with research in this area. Specifically, the literature tends to make a number of rather naïve assumptions about the experiences and aspirations of disadvantaged groups. This paper seeks to problematize the universalist and partisan tendencies that typify much of the diversity literature by focusing on the issue of 'resistance'. Using a form of discourse analysis informed by Foucauldian principles, the paper explores how 'resistance' to diversity initiatives is expressed by both 'dominant' and 'subordinated' groups in a UK police force. It is argued that 'resistance' is better thought of as a discursive resource that can be drawn upon to justify or account for one's own organizational experiences and, in turn, the need to both justify and account for one's experiences is located in broader discursive fields that reproduce dominant ideologies of liberal democracies. The theoretical implications of this position are discussed and a case is presented for more critical and theoretical approaches in the diversity management literature.     

The characteristics and attributes of UK firms obtaining accreditation to ISO 14001

Environmental policy in the UK has tended to reflect orthodox textbook responses, focusing upon standard setting and taxation, both impacting upon the supply side of the economy. In addition, economic agents have the option of legal recourse to settle environmental disputes. Complementing this command and control framework is a growing tendency for firms to subscribe to additional voluntary environmental standards by, for example, registering with an appropriate agency, thereby signalling to others that they have adopted a particular scheme. This growing trend has far reaching consequences for future policy decisions and for financial and environmental performance of the firms. We aim here to identify the attributes of many firms which participate in ISO 14001. We use a probit model to determine, from a vector of firm and industry characteristics at one point in time, what factors influence the probability of firms registering with ISO 14001. We then utilize survival analysis to analyse how these characteristics impact upon the ‘hazard’ of accreditation over time. If significant differences exist between 14001 firms and others, important questions arise for academics and practitioners alike. Are certain types of firm hindered by their firm characteristics? Does the scheme favour larger firms over smaller firms, or high tech firms over low tech? Why do some industries have many accreditations whilst others have none? The analysis of such issues is not only an under‐developed area of academic debate, but also of direct relevance to practitioners within the field of environmental management and policy. Copyright © 2001 John Wiley & Sons, Ltd and ERP Environment     

The interaction of human resource policies and practices with the implementation of teamworking: evidence from the UK public sector

Our study examines the interaction of human resource policies and practices with the implementation of teamworking. Put simply, do certain human resource policies and practices support the implementation of teamworking? Do certain human resource policies and practices work against the implementation of teamworking? It utilizes an illustrative case from the UK public sector – the Inland Revenue, the UK tax assessment and collection agency – to address the research question. The case of the Inland Revenue gives support to the argument that it is necessary to identify and understand the differences between a variety of forms of teamworking. With the variation in forms of teamworking that are implemented, there may be variations in the human resource management context. In short, a contingency approach to the interaction of the implementation of teamworking with human resource policies and practices may be appropriate. In the case, teamworking was implemented to facilitate the introduction of a new tax regime in the face of reduced numbers of middle managers and clerical employees, and certain human resource policies and practices had an effect upon its implementation. These were front line manager selection and development in particular, while team member selection and development and employee relations appeared less important.     

Pay determination in small firms in the UK: the case of the response to the National Minimum Wage

Pay determination in small firms is widely expected to follow the dictates of the market. Research on 81 firms in three competitive sectors finds, instead, loosely defined and variable pay structures. This variability is explained in terms of the interplay between labour and product markets, firms’ own choices, and ‘shocks’ such as the National Minimum Wage. This analysis thus contributes to developing institutional theories of labour markets and pay systems.     

Teamworking and performance: the extent and intensity of teamworking in the 1998 UK Workplace Employee Relations Survey (WERS98)

This article uses the 1998 UK Workplace Employee Relations Survey to address two main issues: whether a relationship between teamworking and performance can be said to exist; and, if it can, how that relationship might be explained. For the first of these we construct a variable that measures the extent of teamworking within an establishment. This is found to be positively and significantly related to productivity and financial performance. To address our second main issue we examine the idea that the key factor in performance is the degree of teams' decision-making autonomy. We look at this by constructing a measure of teamworking intensity. This is found to be positively and significantly associated with productivity and quality levels. Taken alongside other studies, these results are used to suggest that, in looking at the teamworking-performance relationship, the focus of attention should be on the structural properties of teams rather than the individual team members' experiences of work.     

Worker responses to teamworking: exploring employee attributions of managerial motives

This paper examines employee views of why and how managers introduced teamworking at several sites within a steel company. Following a content analysis of employee comments we classify employee views of management motives into four main types: economic, political, institutional and cultural. Employees reported that managers were primarily driven by political rationales and implemented teamworking for reasons of self-interest. The economic rationales for management action were interpreted negatively as favouring shareholders and increasing worker insecurity. The introduction of teamworking also appeared to require a concerted attempt to enforce employee compliance, indicating that culture change was also an important factor. The views employees expressed of management intent are not adequately described by either recent advocates of high performance work systems or the critical perspective on human resource management although they appear central in understanding employee responses to management initiatives in these sites.     

Are UK technology-based small firms still finance constrained?

This paper examines funding issues for UK Technology-based Small Firms (TBSFs). TBSFs are the cry of today and UK government like other countries is trying to increase the mass of TBSFs by various means. However, it is reported that TBSFs face many impediments to their successful development. Finance is believed as the main barrier at the early stages of TBSFs development. This paper is attempting to follow up and report if the funding situation for UK TBSFs has improved. The findings reported in this paper suggest that nearly 80% sample firms were finance constrained at the early stages of business development.     

Local development and embedded large firms

A classification of potential ties between large firms and local economies is proposed, first, by working on various sections of literature concerning multinational enterprises, subsidiaries and regional development. Then, building on a model of a dynamic local economy, i.e. the vital industrial district, a framework is sketched in which different combinations of linkages are put in relation to different pools and degrees of strength of social capital and other local factors. The main object of this paper is to present that framework and illustrate a proposition nested in it. The proposition is that involvement in knowledge exchange and institutional building, identifying ‘developmental embeddedness’, is more probable where and when the local factors are neither ‘too weak’ nor ‘too strong’, and contextual policies fostering the developmental role of large firm units are present.     

Improving performance through vertical disintegration: evidence from UK manufacturing firms

Unlike previous work on the vertical integration–performance relationship, we investigate the performance consequences of vertical disintegration. We offer a theoretical justification for the disintegration decision and we condition the disintegration effect on performance on the initial degree of firm integration, the timing and the direction of disintegration. Using a sample of UK manufacturing firms and controlling for disintegration endogeneity, we find that disintegration eventually results in improved operating performance, particularly when disintegration occurs as a reaction to poor performance and in cases of forward between‐sector disintegration. However, being highly integrated does not guarantee gains from disintegration. The implications of these findings are discussed. Copyright © 2008 John Wiley & Sons, Ltd.     

Cash holding dynamics and competition intensity: Evidence from UK firms

Using a quasi-natural experiment and various measures of competition intensity, we examine whether an increase in product market competition is a key driver of firm cash holdings. We find that firms increase cash holdings when competition is intense. The results suggest that the degree of increase in cash holdings is magnified among firms exposed to high predatory threat and financing friction. In addition, we examine if increasing cash holdings offers a competitive advantage in the product market. Our results indicate that firms with large cash reserves make gains in market share at the expense of their rivals. Gains in the product market are more pronounced among firms with low exposure to predatory risk and financing frictions.     

Owner-managers,clusters and local embeddedness: small firms in the Sheffield (UK) metal-working cluster

The primary objective of this paper is to explore the ways in which the characteristics of owner-managers influence the extent to which their firms are embedded within local clusters of economic activity. Data are drawn from an interview survey of a random sample of small metal-working firms in Sheffield, UK. The data are analysed using non-parametric statistical methods to test bivariate relationships. Owner-manager attributes are found to have no influence on the extent of the use of local material supply networks but they do influence the extent of dependence on local markets. Owner-managers born and bred in the local region with limited formal education, working as an operative (rather than executive) prior to start up and with many years experience are more likely to rely on local markets. Owner-manager characteristics are also linked to participation in business networks. Those with most experience and those previously working for large firms are more likely to participate. It is concluded that owner-manager attributes can be important in explaining the level of embeddedness of small firms in a cluster of economic activity and that such attributes need to be built into theories of cluster behaviour.     

Endogenous research and development spillovers and asymmetric firms

We examine an asymmetric research and development (R&D) duopoly, where firms differ in their research and development productivity, one firm being technologically advanced. We find that both firms can benefit and increase their profitability by entering into a voluntary information sharing agreement despite their asymmetry and highlight the conditions needed for such an agreement to take place.     

Sustainable development and research and development intensity in U.S. manufacturing firms

Across manufacturing sectors, mounting regulatory pressures motivate the adoption of innovative sustainable practices to help address and improve environmental performance. Sustainable practices, however, face many challenges to minimize negative environmental impacts while conserving energy and natural resources. This study seeks to understand the effect of research and development intensity on dimensions of environmental performance in manufacturing firms. Using data from U.S. corporations over the period from 1991 through 2015, we find that sustainable practices are associated with a higher level of negative environmental ratings. In addition, the level of environmental concerns tends to decrease with firm investments in research and development intensity over time. These findings suggest that bigger firms are likely to report a higher level of environmental concerns due to their experimentation with sustainable practices. These firms are also likely to reduce negative environmental ratings over time and realize economies of scale with sustainable manufacturing.     

Managing low‐skill workers: a study of small UK food manufacturing firms

Low‐wage work is of growing significance in the UK. This article tests the model of the low‐skills equilibrium (LSE) through a study of 27 small firms in a sector, food manufacturing, widely identified as being in an LSE. Three hypotheses are tested. (1) There will be a single, fixed equilibrium. We find more variety, reflecting the specific circumstances of firms. (2) An equilibrium is sustained by weak support institutions and a product market dominated by low value‐added goods. The expectation about institutions is supported, but the product market permitted some, albeit weak, opportunities to escape the LSE. (3) Skills will be low, and workplace regimes will be characterised by work intensification. Some firms were developing employee skills. Work intensification was rare, reflecting the absence of Taylorisation and the importance of face‐to‐face relationships. Overall, some firms had the will to escape the LSE, but weak institutional support and a ready supply of labour substantially reduced the incentives to do so.     

Barriers to investment in the informal venture capital sector

Much of the government intervention into the market ‘gap’ for start-up and early-stage equity finance in the UK is based on the belief that the problem is on the supply side. Based on an analysis of the informal venture capital market this paper argues that there is no shortage of finance available. A survey of business angels reveals that many are willing to allocate a higher proportion of their investment portfolio to investments in unquoted companies, with recent tax incentives having a positive effect on their willingness to invest. Over 90% are currently looking to make more investments. However, there are constraints on their ability to invest: they do not see enough deals that meet their investment criteria, the majority of the investment proposals that they receive are of poor quality, and they are often unable to negotiate acceptable investment terms and conditions with entrepreneurs. The implication is that there is a need for further interventions by policy-makers to remove these barriers so that more small firms can take advantage of the substantial pool of angel finance that is available.     

Managing radical product development in large manufacturing firms: a longitudinal study

This study explores and documents the processes by which large manufacturing firms develop and produce radical products. Seven projects from five Fortune 500 firms were analyzed over a 3-year period. Through the use of these case studies, we found common themes emerging in the way these firms manage their new product development (NPD) process in this turbulent environment. Our observations suggest that these high levels of uncertainty result in several unique challenges in developing the project, especially in the areas of managing functional integration and finding a divisional home for the emerging product.     

论商品检疫的内生技术性贸易壁垒

国际贸易活动必然伴随疫情的控制，而疫情的控制又很可能伴随进口国制造的技术壁垒。本文阐述的是进口国(本国)为了保护本国的利益，可根据不同地区疫情风险发生的概率及检疫商品质量偏差状况，设置几个档次，然后应用测量不确定度理论分析对每个档次所代表的风险，从而为本国制定内生技术壁垒提供控制依据。