Blockchain‐enabled supply chain finance strategies for a circular economy revolution

IF 12.5 1区管理学 Q1 BUSINESS Business Strategy and The Environment Pub Date : 2024-06-27 DOI:10.1002/bse.3853

Sachin Modgil, Shivam Gupta, Bobo Zhang, Surajit Bag

{"title":"Blockchain‐enabled supply chain finance strategies for a circular economy revolution","authors":"Sachin Modgil, Shivam Gupta, Bobo Zhang, Surajit Bag","doi":"10.1002/bse.3853","DOIUrl":null,"url":null,"abstract":"This study is centred on introducing a distinctive landscape towards a circular economy powered by blockchain‐enabled supply chain finance strategies. Our research examines five cases engaged in helping organisations achieve their circular economy targets. The objective is to establish a comprehensive framework for circular economy. Within these secondary data‐based case studies, we identify the challenges faced by a typical linear economy and how modern and blockchain‐driven platforms are helping businesses contribute to the circular economy. The outcome of our study proposes a three‐step approach unveiling blockchain technologies, supply chain finance strategies and enablers of circular economy contributing to 10R principles. Our study underscores how these cases across the globe can serve as valuable examples to other organisations, encompassing sectors from manufacturing to core‐service based such as e‐commerce. These sectors involve complex supply chains, and hence, blockchain‐enabled supply chain finance strategies can be a solution to foster a circular economy. In conclusion, our research not only provides theoretical and practical insights and implications for policymakers but also lays the groundwork for potential future research in this domain.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":null,"pages":null},"PeriodicalIF":12.5000,"publicationDate":"2024-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Business Strategy and The Environment","FirstCategoryId":"91","ListUrlMain":"https://doi.org/10.1002/bse.3853","RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS","Score":null,"Total":0}

引用次数: 0

Abstract

This study is centred on introducing a distinctive landscape towards a circular economy powered by blockchain‐enabled supply chain finance strategies. Our research examines five cases engaged in helping organisations achieve their circular economy targets. The objective is to establish a comprehensive framework for circular economy. Within these secondary data‐based case studies, we identify the challenges faced by a typical linear economy and how modern and blockchain‐driven platforms are helping businesses contribute to the circular economy. The outcome of our study proposes a three‐step approach unveiling blockchain technologies, supply chain finance strategies and enablers of circular economy contributing to 10R principles. Our study underscores how these cases across the globe can serve as valuable examples to other organisations, encompassing sectors from manufacturing to core‐service based such as e‐commerce. These sectors involve complex supply chains, and hence, blockchain‐enabled supply chain finance strategies can be a solution to foster a circular economy. In conclusion, our research not only provides theoretical and practical insights and implications for policymakers but also lays the groundwork for potential future research in this domain.

查看原文

微信好友朋友圈 QQ好友复制链接

本刊更多论文

区块链供应链金融战略促进循环经济革命

本研究的核心是介绍以区块链供应链金融战略为动力的循环经济的独特景观。我们的研究考察了五个帮助企业实现循环经济目标的案例。目的是建立一个全面的循环经济框架。在这些基于二手数据的案例研究中，我们确定了典型的线性经济所面临的挑战，以及现代和区块链驱动的平台如何帮助企业为循环经济做出贡献。我们的研究成果提出了一种三步走的方法，揭示了区块链技术、供应链金融战略和有助于 10R 原则的循环经济促进因素。我们的研究强调了全球各地的这些案例如何为其他组织提供有价值的范例，这些案例涵盖了从制造业到电子商务等核心服务行业。这些行业涉及复杂的供应链，因此，区块链支持的供应链金融战略可以成为促进循环经济的解决方案。总之，我们的研究不仅为政策制定者提供了理论和实践方面的见解和影响，还为该领域未来的潜在研究奠定了基础。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文去求助

来源期刊

Business Strategy and The Environment Multiple-

CiteScore

22.50

自引率

19.40%

发文量

336

期刊介绍： Business Strategy and the Environment (BSE) is a leading academic journal focused on business strategies for improving the natural environment. It publishes peer-reviewed research on various topics such as systems and standards, environmental performance, disclosure, eco-innovation, corporate environmental management tools, organizations and management, supply chains, circular economy, governance, green finance, industry sectors, and responses to climate change and other contemporary environmental issues. The journal aims to provide original contributions that enhance the understanding of sustainability in business. Its target audience includes academics, practitioners, business managers, and consultants. However, BSE does not accept papers on corporate social responsibility (CSR), as this topic is covered by its sibling journal Corporate Social Responsibility and Environmental Management. The journal is indexed in several databases and collections such as ABI/INFORM Collection, Agricultural & Environmental Science Database, BIOBASE, Emerald Management Reviews, GeoArchive, Environment Index, GEOBASE, INSPEC, Technology Collection, and Web of Science.