Sustainability transition dynamics of SMEs in a volatile emerging economy: A qualitative exploration
Shahzad, Faisal; Arslan, Ahmad (2023-12-01)
Avaa tiedosto
Sisältö avataan julkiseksi: 01.06.2025
Routledge
01.12.2023
Shahzad, F., & Arslan, A. (2023). Sustainability transition dynamics of SMEs in a volatile emerging economy. In M. Zhang, Strategic Management and Sustainability Transitions (1st ed., pp. 152–171). Routledge. https://doi.org/10.4324/9781003329909-10
https://creativecommons.org/licenses/by-nc-nd/4.0/
© 2023 Informa UK Limited. This is an Accepted Manuscript of a book chapter published by Routledge in Strategic Management and Sustainability Transitions on 1 December 2023, available online: https://doi.org/10.4324/9781003329909. It is deposited under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives License (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is properly cited, and is not altered, transformed, or built upon in any way.
https://creativecommons.org/licenses/by-nc-nd/4.0/
© 2023 Informa UK Limited. This is an Accepted Manuscript of a book chapter published by Routledge in Strategic Management and Sustainability Transitions on 1 December 2023, available online: https://doi.org/10.4324/9781003329909. It is deposited under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives License (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is properly cited, and is not altered, transformed, or built upon in any way.
https://creativecommons.org/licenses/by-nc-nd/4.0/
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:oulu-202311283399
https://urn.fi/URN:NBN:fi:oulu-202311283399
Tiivistelmä
ABSTRACT
This chapter is one of the pioneering studies to specifically analyze sustainability transition dynamics in the volatile emerging economies context by undertaking a qualitative exploration of four case firms from Pakistan. Our findings highlight the criticality of supply chain partners (international buyers) and international NGOs for the sustainability transition of SMEs operating in volatile emerging economies. Resource efficiency and the role of intermediaries were also found vital, though peculiarities of volatile and emerging economy contexts were visible in both. We also found the owner's (manager's) interest in sustainability to be important in this regard. Finally, the resilience and agility of firms, used to facing issues like high risk, exchange rate vulnerability, and lack of government support was visible as the case firms were able to overcome some of these hurdles by collaborating with international partners and receiving financing from unexpected international sources for this process.
This chapter is one of the pioneering studies to specifically analyze sustainability transition dynamics in the volatile emerging economies context by undertaking a qualitative exploration of four case firms from Pakistan. Our findings highlight the criticality of supply chain partners (international buyers) and international NGOs for the sustainability transition of SMEs operating in volatile emerging economies. Resource efficiency and the role of intermediaries were also found vital, though peculiarities of volatile and emerging economy contexts were visible in both. We also found the owner's (manager's) interest in sustainability to be important in this regard. Finally, the resilience and agility of firms, used to facing issues like high risk, exchange rate vulnerability, and lack of government support was visible as the case firms were able to overcome some of these hurdles by collaborating with international partners and receiving financing from unexpected international sources for this process.
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