Unveiling barriers to the integration of blockchain‐based circular economy and Industry 5.0 in manufacturing industries: A strategic prioritization approach

IF 12.5 1区管理学 Q1 BUSINESS Business Strategy and The Environment Pub Date : 2024-07-31 DOI:10.1002/bse.3886

Devika Kannan, Alireza Shamekhi Amiri, Mayssam Tarighi Shaayesteh, Arash Khalili Nasr, Hassan Mina

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Abstract

Although Industry 4.0 plays the role of a catalyst in the transition from a linear economy to a circular economy (CE), some sustainability goals are neglected by prioritizing machines over humans. Industry 5.0 insists on combining technology with human values to achieve sustainable development goals. Therefore, the integration of CE and Industry 5.0 leads to sustainable synergy in various industries, especially in manufacturing industries. However, their integration is always associated with challenges and barriers. This study identifies a set of these barriers in the electric vehicle battery production industry from the financial, technical, supply chain, cultural, and regulatory and processes perspectives through a deep literature review. The fuzzy weighted influence non‐linear gauge system method is used to analyze the relationship between identified barriers and their prioritization. Finally, we leverage the knowledge of four experts from an electric vehicle battery manufacturing company in Southeast Asia to validate the proposed approach and to rank the barriers. The results demonstrate that immature technology providers are the biggest obstacle in the integration of blockchain‐based CE and Industry 5.0 in the electric vehicle battery manufacturing industry.

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揭示制造业整合基于区块链的循环经济和工业 5.0 的障碍：确定战略优先次序的方法

尽管工业 4.0 在从线性经济向循环经济（CE）过渡的过程中发挥着催化剂的作用，但由于机器优先于人类，一些可持续发展目标被忽略了。工业 5.0 坚持将技术与人类价值相结合，以实现可持续发展目标。因此，循环经济与工业 5.0 的融合将为各行各业，尤其是制造业带来可持续的协同效应。然而，它们的融合总是伴随着挑战和障碍。本研究通过深入的文献综述，从财务、技术、供应链、文化以及监管和流程等角度，确定了电动汽车电池生产行业的一系列障碍。我们采用模糊加权影响非线性度量系统方法来分析已识别障碍之间的关系及其优先级。最后，我们利用来自东南亚一家电动汽车电池制造公司的四位专家的知识来验证所提出的方法，并对障碍进行排序。结果表明，不成熟的技术提供商是电动汽车电池制造业整合基于区块链的消费电子和工业 5.0 的最大障碍。

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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.