Proceedings of the International Conference on Contemporary Studies in Social Sciences (ICSSSS 2025)

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Strategizing Circular Transitions: Capability Development in Resource-Constrained Firms

Authors
Tran Viet Anh1, *
1Hung Vuong University of Ho Chi Minh City, Ho Chi Minh City, Vietnam
*Corresponding author. Email: Anhtv@dhv.edu.vn
Corresponding Author
Tran Viet Anh
Available Online 16 October 2025.
DOI
10.2991/978-2-38476-470-9_7How to use a DOI?
Keywords
Circular business models; Dynamic capabilities; Sustainability transitions; Net-zero; Organizational transformation; Emerging economies
Abstract

The transition to circular business models (CBMs) is central to advancing sustainable development and achieving net-zero ambitions, particularly in emerging economies facing both ecological pressures and institutional constraints. This study examines how firms in Vietnam develop and deploy dynamic capabilities to support CBM adoption. Drawing on a multiple-case research design, the paper explores four companies across the textile, food processing, wellness, and construction materials sectors. The findings reveal heterogeneous capability pathways shaped by firm size, stakeholder pressures, and access to external resources. Larger firms engage in formal scanning, investment, and restructuring processes, while smaller enterprises rely on informal partnerships, grassroots innovation, and normative motivations. The study contributes to the literature by extending the dynamic capabilities framework to sustainability transitions in developing economies and offering empirical insights into how capabilities are enacted under resource and institutional constraints. It also provides practical implications for policymakers and business leaders seeking to accelerate circular transitions through context-sensitive capability development strategies.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Contemporary Studies in Social Sciences (ICSSSS 2025)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
16 October 2025
ISBN
978-2-38476-470-9
ISSN
2352-5398
DOI
10.2991/978-2-38476-470-9_7How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Tran Viet Anh
PY  - 2025
DA  - 2025/10/16
TI  - Strategizing Circular Transitions: Capability Development in Resource-Constrained Firms
BT  - Proceedings of the International Conference on Contemporary Studies in Social Sciences (ICSSSS 2025)
PB  - Atlantis Press
SP  - 69
EP  - 83
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-470-9_7
DO  - 10.2991/978-2-38476-470-9_7
ID  - Anh2025
ER  -