Sustainable Development Goal 12 (SDG-12), that is the responsible consumption and production, is aimed to encourage producers and consumers to consider sustainable development while producing and consuming products. However, it is imperative to estimate the social achievement of SDG-12 objective at the consumption end. Eco-labeling and green advertising are the common business marketing strategies employed to inform and influence consumers to make environmentally conscious choices. This study explores the integrated factors of these strategies to influence consumer perceptions, attitudes, and purchase intentions toward environmentally friendly products in a developing country. The data from 327 respondents using a survey questionnaire are analyzed using structural model equation to measure the hypothetical relationship of eco-labeling and green advertising in achieving SDG-12. The results indicate that perceived effectiveness, environmental awareness, green trust, and perceived information quality as instrumental factors directly contributing to consumers' intentions to engage in green purchases eventually ensuring SDG-12 targets, while price sensitivity is the major challenge that is required to be addressed.
{"title":"Integrating eco-labeling and green advertising in achieving Sustainable Development Goal 12","authors":"Shahbaz Abbas, Hania Munir, Yasir Ahmad","doi":"10.1002/bsd2.378","DOIUrl":"https://doi.org/10.1002/bsd2.378","url":null,"abstract":"<p>Sustainable Development Goal 12 (SDG-12), that is the responsible consumption and production, is aimed to encourage producers and consumers to consider sustainable development while producing and consuming products. However, it is imperative to estimate the social achievement of SDG-12 objective at the consumption end. Eco-labeling and green advertising are the common business marketing strategies employed to inform and influence consumers to make environmentally conscious choices. This study explores the integrated factors of these strategies to influence consumer perceptions, attitudes, and purchase intentions toward environmentally friendly products in a developing country. The data from 327 respondents using a survey questionnaire are analyzed using structural model equation to measure the hypothetical relationship of eco-labeling and green advertising in achieving SDG-12. The results indicate that perceived effectiveness, environmental awareness, green trust, and perceived information quality as instrumental factors directly contributing to consumers' intentions to engage in green purchases eventually ensuring SDG-12 targets, while price sensitivity is the major challenge that is required to be addressed.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":null,"pages":null},"PeriodicalIF":3.0,"publicationDate":"2024-05-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140881005","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
In an increasingly digital and interconnected world, the integration of advanced technologies such as robotics, artificial intelligence (AI), and service automation has become pivotal for shaping the future of various industries, including tourism. The paper investigates complex relationship between three independent variables: (robotic adoption, AI adoption, and service automation adoption) and three dependent variables: (social sustainability, economic sustainability, and environmental sustainability). Employing a quantitative research approach, the study gathered data from 608 randomly selected tourism supply chain stakeholders using the Krejcie and Morgan table to determine the sample size. Data collection was facilitated through Google Forms questionnaires, and the analysis relied on structural equation modeling. The statistical findings highlight positive direct significant relationships among these variables, as evidenced by t-statistic values surpassing the threshold of 1.96. These values ranged from a minimum of 2.156 to a maximum of 10.083. These results suggest that by strategically integrating these technologies, tourism businesses and policymakers in Zimbabwe can enhance tourist experience, the industry's long-term viability and its positive impact on society, the economy, and the environment. This study's outcomes provide a compelling foundation for informed decision-making and the development of targeted strategies aimed at advancing sustainability objectives within the Zimbabwean tourism landscape.
{"title":"From crisis to prosperity: Leveraging robots, artificial intelligence, and service automation for sustainable tourism in Zimbabwe","authors":"Option Takunda Chiwaridzo, Shingirirai Chiwaridzo","doi":"10.1002/bsd2.380","DOIUrl":"https://doi.org/10.1002/bsd2.380","url":null,"abstract":"<p>In an increasingly digital and interconnected world, the integration of advanced technologies such as robotics, artificial intelligence (AI), and service automation has become pivotal for shaping the future of various industries, including tourism. The paper investigates complex relationship between three independent variables: (robotic adoption, AI adoption, and service automation adoption) and three dependent variables: (social sustainability, economic sustainability, and environmental sustainability). Employing a quantitative research approach, the study gathered data from 608 randomly selected tourism supply chain stakeholders using the Krejcie and Morgan table to determine the sample size. Data collection was facilitated through Google Forms questionnaires, and the analysis relied on structural equation modeling. The statistical findings highlight positive direct significant relationships among these variables, as evidenced by <i>t</i>-statistic values surpassing the threshold of 1.96. These values ranged from a minimum of 2.156 to a maximum of 10.083. These results suggest that by strategically integrating these technologies, tourism businesses and policymakers in Zimbabwe can enhance tourist experience, the industry's long-term viability and its positive impact on society, the economy, and the environment. This study's outcomes provide a compelling foundation for informed decision-making and the development of targeted strategies aimed at advancing sustainability objectives within the Zimbabwean tourism landscape.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":null,"pages":null},"PeriodicalIF":3.0,"publicationDate":"2024-05-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140881006","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Integrating social and environmental considerations into business strategies has become imperative for companies seeking competitive advantage in today's dynamic and complex business environment. This study explored the effect of Shared Value Creation Practices on Competitive Advantage within banks. The study focused on how banks can achieve competitive advantage by creating shared value that addresses business goals and social needs. Data were collected from 463 customers of selected commercial banks in Ethiopia. The self-administrative questionnaire was given to the customers selected by convenience sampling method. The study used the Structural Equation Model to test relationship between variables. The Study findings reveal that Shared Value Creation Practices significantly enhance banks' competitive advantage. The study suggests that banks can strategically leverage Shared Value Creation practices to gain a sustained advantage in a competitive market. Banks should continuously innovate and adapt strategies to address evolving stakeholders' needs. The banks should consider shared value creation integral to their strategic planning.
{"title":"Linking stakeholders need and sustainable business performance: Unleashing the power of shared value creation for competitive advantage—Study on selected banks in Ethiopia","authors":"Bekan Serbessa Waktola, Manjit Singh, Sandeep Singh","doi":"10.1002/bsd2.375","DOIUrl":"https://doi.org/10.1002/bsd2.375","url":null,"abstract":"<p>Integrating social and environmental considerations into business strategies has become imperative for companies seeking competitive advantage in today's dynamic and complex business environment. This study explored the effect of Shared Value Creation Practices on Competitive Advantage within banks. The study focused on how banks can achieve competitive advantage by creating shared value that addresses business goals and social needs. Data were collected from 463 customers of selected commercial banks in Ethiopia. The self-administrative questionnaire was given to the customers selected by convenience sampling method. The study used the Structural Equation Model to test relationship between variables. The Study findings reveal that Shared Value Creation Practices significantly enhance banks' competitive advantage. The study suggests that banks can strategically leverage Shared Value Creation practices to gain a sustained advantage in a competitive market. Banks should continuously innovate and adapt strategies to address evolving stakeholders' needs. The banks should consider shared value creation integral to their strategic planning.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":null,"pages":null},"PeriodicalIF":3.0,"publicationDate":"2024-05-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140826162","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Recently, there has been growing interest among scholars and industry professionals in understanding how agro-food supply chains can shift from a linear to a circular model. This involves managing waste, recovering resources, and adopting sustainable practices. However, knowledge on circular economies in agro-food supply chains is scattered, with limited comprehensive studies available. To address this gap, our study conducts a bibliometric and network analysis of 364 documents from the Scopus database. We identify influential authors, contributing countries and journals, and most cited documents. Additionally, we use network analysis to visualize connections between authors and keywords, providing insights into emerging trends and critical research areas. We also uncover important keywords and themes, laying a foundation for future research directions. Overall, our study offers a comprehensive overview, serving as a basis for further exploration in this field.
{"title":"Circular economy in agro food supply chain: Bibliometric and network analysis","authors":"Pranay Banerjee, Deeksha Singh, Sambashiva Rao Kunja","doi":"10.1002/bsd2.360","DOIUrl":"https://doi.org/10.1002/bsd2.360","url":null,"abstract":"<p>Recently, there has been growing interest among scholars and industry professionals in understanding how agro-food supply chains can shift from a linear to a circular model. This involves managing waste, recovering resources, and adopting sustainable practices. However, knowledge on circular economies in agro-food supply chains is scattered, with limited comprehensive studies available. To address this gap, our study conducts a bibliometric and network analysis of 364 documents from the Scopus database. We identify influential authors, contributing countries and journals, and most cited documents. Additionally, we use network analysis to visualize connections between authors and keywords, providing insights into emerging trends and critical research areas. We also uncover important keywords and themes, laying a foundation for future research directions. Overall, our study offers a comprehensive overview, serving as a basis for further exploration in this field.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":null,"pages":null},"PeriodicalIF":3.0,"publicationDate":"2024-05-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140820710","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The paper explores the partial and integrated influence of corporate sustainability practices on the financial execution of Indian-listed firms. The study considered a sample of 569 listed firms, and the study period spans from 2010 to 2022. Using estimates of feasible generalized least square and quintile regression, the study finds a positive association between the environmental, social, and governance (ESG) score and the financial performance of firms. All the individual dimensions of the ESG score positively affect the firm's internal and external values. Environmental practices have the highest impact on improving balance sheet values through return on asset (ROA). In contrast, social practices have the highest impact on creating market value through Tobin's Q (TQ) compared with other dimensions. However, for large firms, excess investment in ESG may not support their balance sheet through ROA but generates market value through TQ. ESG disclosers negatively impact the internal earnings of firms that are financially inflexible but, in the aggregate, support the firm's market value. In addition, the study finds a significant moderating effect of size, earnings, value, and financial flexibility on the association between ESG scores and the financial performance of the firms.
{"title":"Do the firm characteristics moderate the nexus between the firm's sustainable practices and financial performance?","authors":"Umakanta Gartia, Ajaya Kumar Panda","doi":"10.1002/bsd2.376","DOIUrl":"https://doi.org/10.1002/bsd2.376","url":null,"abstract":"<p>The paper explores the partial and integrated influence of corporate sustainability practices on the financial execution of Indian-listed firms. The study considered a sample of 569 listed firms, and the study period spans from 2010 to 2022. Using estimates of feasible generalized least square and quintile regression, the study finds a positive association between the environmental, social, and governance (ESG) score and the financial performance of firms. All the individual dimensions of the ESG score positively affect the firm's internal and external values. Environmental practices have the highest impact on improving balance sheet values through return on asset (ROA). In contrast, social practices have the highest impact on creating market value through Tobin's Q (TQ) compared with other dimensions. However, for large firms, excess investment in ESG may not support their balance sheet through ROA but generates market value through TQ. ESG disclosers negatively impact the internal earnings of firms that are financially inflexible but, in the aggregate, support the firm's market value. In addition, the study finds a significant moderating effect of size, earnings, value, and financial flexibility on the association between ESG scores and the financial performance of the firms.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":null,"pages":null},"PeriodicalIF":3.0,"publicationDate":"2024-04-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140814201","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Ahmad Ashaal, Ahmed Bakri, Nadine AlKhatib, Maya Chreif, Najib Bou Zakhem
In today's dynamic business milieu, the imperative of eco-consciousness in hospitality cannot be overstated. This study focuses on Lebanon's burgeoning hotel industry, investigating its journey towards sustainability. Through qualitative content analysis and interviews with eight hotel managers, we unveil a crucial revelation: the integration of green practices not only enhances customer satisfaction but also engenders loyalty and positive referrals. This strategic pivot not only bestows hotels with a competitive edge but also positions them as champions of eco-friendly experiences, resulting in tangible financial benefits and an expanded market share. Consequently, this fosters environmental sustainability within the sector, echoing its broader implications in environmental management discourse. Moreover, our research significantly contributes to institutional theory and stakeholder theory, offering valuable insights into the antecedents and consequences of green initiatives within organizational contexts. By delving into the intricate dynamics between institutional pressures and stakeholder expectations, the study provides a nuanced perspective on the drivers behind the adoption of sustainable practices in Lebanese hotels.
{"title":"Harvesting sustainability: Navigating green practices and barriers in Lebanon's hospitality sector","authors":"Ahmad Ashaal, Ahmed Bakri, Nadine AlKhatib, Maya Chreif, Najib Bou Zakhem","doi":"10.1002/bsd2.369","DOIUrl":"https://doi.org/10.1002/bsd2.369","url":null,"abstract":"<p>In today's dynamic business milieu, the imperative of eco-consciousness in hospitality cannot be overstated. This study focuses on Lebanon's burgeoning hotel industry, investigating its journey towards sustainability. Through qualitative content analysis and interviews with eight hotel managers, we unveil a crucial revelation: the integration of green practices not only enhances customer satisfaction but also engenders loyalty and positive referrals. This strategic pivot not only bestows hotels with a competitive edge but also positions them as champions of eco-friendly experiences, resulting in tangible financial benefits and an expanded market share. Consequently, this fosters environmental sustainability within the sector, echoing its broader implications in environmental management discourse. Moreover, our research significantly contributes to institutional theory and stakeholder theory, offering valuable insights into the antecedents and consequences of green initiatives within organizational contexts. By delving into the intricate dynamics between institutional pressures and stakeholder expectations, the study provides a nuanced perspective on the drivers behind the adoption of sustainable practices in Lebanese hotels.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":null,"pages":null},"PeriodicalIF":3.0,"publicationDate":"2024-04-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140639586","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Sonia Valeria Avilés-Sacoto, Kenya Cristina Velasco-Tapia, Estefanía Caridad Avilés-Sacoto, Juan Ignacio Argüello-Herrera
In today's highly competitive global market, companies aim to improve their market position to ensure their competitiveness and survival. The adoption of Industry 4.0 technologies constitutes a good approach to enhancing processes and productivity while maintaining high-quality standards. This is where Quality 4.0 becomes crucial, as it focuses on boosting the quality of organisational processes through the integration of disruptive technologies from Industry 4.0. Furthermore, companies are prioritising implementing environmentally friendly practices in their processes that support sustainable development. Therefore, it is imperative to evaluate how the application of Quality 4.0 can ease production improvements with minimal environmental impact while also aligning with sustainable development goals. This article analyses how these initiatives can be used within the food industry, specifically those dedicated to the production and sale of a product, evaluating a microenterprise dedicated to the production of artisanal ice cream. A comprehensive framework is proposed for the adoption of Quality 4.0 and its potential to support sustainable development goals. Using the PDCA cycle, the original situation is evaluated to later recommend strategies and tools to create improvements in the enterprise.
{"title":"Innovating for impact: Proposing quality 4.0 integration to achieve sustainable development goals in microenterprises","authors":"Sonia Valeria Avilés-Sacoto, Kenya Cristina Velasco-Tapia, Estefanía Caridad Avilés-Sacoto, Juan Ignacio Argüello-Herrera","doi":"10.1002/bsd2.371","DOIUrl":"https://doi.org/10.1002/bsd2.371","url":null,"abstract":"<p>In today's highly competitive global market, companies aim to improve their market position to ensure their competitiveness and survival. The adoption of Industry 4.0 technologies constitutes a good approach to enhancing processes and productivity while maintaining high-quality standards. This is where Quality 4.0 becomes crucial, as it focuses on boosting the quality of organisational processes through the integration of disruptive technologies from Industry 4.0. Furthermore, companies are prioritising implementing environmentally friendly practices in their processes that support sustainable development. Therefore, it is imperative to evaluate how the application of Quality 4.0 can ease production improvements with minimal environmental impact while also aligning with sustainable development goals. This article analyses how these initiatives can be used within the food industry, specifically those dedicated to the production and sale of a product, evaluating a microenterprise dedicated to the production of artisanal ice cream. A comprehensive framework is proposed for the adoption of Quality 4.0 and its potential to support sustainable development goals. Using the PDCA cycle, the original situation is evaluated to later recommend strategies and tools to create improvements in the enterprise.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":null,"pages":null},"PeriodicalIF":3.0,"publicationDate":"2024-04-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140631982","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Al- Amin, Mohammad Rakibul Islam Bhuiyan, Rashed Hossain, Chanchal Molla, Tahmina Akter Poli, Md Noor Uddin Milon
The study aspires to identify the factors conditioning the adaptation of the fourth industrial revolution (4IR) within the manufacturing industries in Bangladesh, embracing Industry 4.0 (I4.0) technology led by the technology-organizational-environment (TOE) framework that links a number of conditioning variables in the manufacturing industries of Bangladesh. I4.0 is going to drastically change the landscape of the extended TOE framework to relate demographics with research variables for implementing I4.0 technology in a developing country. The findings of the study are analyzed using SMART PLS SEM 4.0 and SPSS 29 in order to diagnose technological contexts (IT resource availability, technology readiness, and relative advantage), organizational contexts (strategy and leadership, organizational capabilities, and technology infrastructure), and environmental contexts (market pressure, government support, and technology innovation decision making). The study's data, which were collected with a bootstrap confidence range of 95%, offered evidence in favor of both proposed mediating effects. A statistically significant indirect effect of adaptation of I4.0 technology on manufacturing/industry performance was seen in the analysis. This study is conducted to examine the mediating function of manufacturing performance, which enhances the comprehensiveness of the study. Through the application of the TOE framework, this study investigates the impact of I4.0 technology adoption on manufacturing performance. The theoretical framework of the study has been validated by the TOE model, which aims to heighten manufacturing performance by integrating I4.0. The practical implications of this study, organizations, governments, and practitioners engaged in the implementation of I4.0 technologies within developing nation contexts.
本研究旨在确定孟加拉国制造业适应第四次工业革命(4IR)的条件因素,在技术-组织-环境(TOE)框架的引领下,采用工业 4.0(I4.0)技术,将孟加拉国制造业的一些条件变量联系起来。I4.0 将彻底改变 TOE 扩展框架的格局,从而将人口统计与研究变量联系起来,以便在发展中国家实施 I4.0 技术。研究结果使用 SMART PLS SEM 4.0 和 SPSS 29 进行分析,以诊断技术背景(IT 资源可用性、技术准备情况和相对优势)、组织背景(战略和领导力、组织能力和技术基础设施)和环境背景(市场压力、政府支持和技术创新决策)。本研究收集的数据的引导置信度范围为 95%,这些数据提供了支持所提出的两种中介效应的证据。分析结果表明,I4.0 技术的适应性对制造业/工业绩效的间接影响具有统计学意义。本研究旨在考察制造业绩效的中介功能,这增强了研究的全面性。通过应用 TOE 框架,本研究探讨了 I4.0 技术的采用对制造业绩效的影响。TOE 模型验证了本研究的理论框架,旨在通过整合 I4.0 提高制造绩效。本研究对在发展中国家实施 I4.0 技术的组织、政府和从业人员具有实际意义。
{"title":"The adoption of Industry 4.0 technologies by using the technology organizational environment framework: The mediating role to manufacturing performance in a developing country","authors":"Al- Amin, Mohammad Rakibul Islam Bhuiyan, Rashed Hossain, Chanchal Molla, Tahmina Akter Poli, Md Noor Uddin Milon","doi":"10.1002/bsd2.363","DOIUrl":"https://doi.org/10.1002/bsd2.363","url":null,"abstract":"<p>The study aspires to identify the factors conditioning the adaptation of the fourth industrial revolution (4IR) within the manufacturing industries in Bangladesh, embracing Industry 4.0 (I4.0) technology led by the technology-organizational-environment (TOE) framework that links a number of conditioning variables in the manufacturing industries of Bangladesh. I4.0 is going to drastically change the landscape of the extended TOE framework to relate demographics with research variables for implementing I4.0 technology in a developing country. The findings of the study are analyzed using SMART PLS SEM 4.0 and SPSS 29 in order to diagnose technological contexts (IT resource availability, technology readiness, and relative advantage), organizational contexts (strategy and leadership, organizational capabilities, and technology infrastructure), and environmental contexts (market pressure, government support, and technology innovation decision making). The study's data, which were collected with a bootstrap confidence range of 95%, offered evidence in favor of both proposed mediating effects. A statistically significant indirect effect of adaptation of I4.0 technology on manufacturing/industry performance was seen in the analysis. This study is conducted to examine the mediating function of manufacturing performance, which enhances the comprehensiveness of the study. Through the application of the TOE framework, this study investigates the impact of I4.0 technology adoption on manufacturing performance. The theoretical framework of the study has been validated by the TOE model, which aims to heighten manufacturing performance by integrating I4.0. The practical implications of this study, organizations, governments, and practitioners engaged in the implementation of I4.0 technologies within developing nation contexts.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":null,"pages":null},"PeriodicalIF":3.0,"publicationDate":"2024-04-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bsd2.363","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140631984","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Sustainable production and consumption are the need of the hour. Adopting the Circular Economy (CE) approach fosters sustainable business practices. Cloud computing is a new way of storage and application deployment. Cloud computing enables sustainable business processes, which in turn contributes towards the effective implementation of the Circular Approach to Business Practices (CABP). The current study aims to understand the potential of cloud computing to foster circular economy practices in Small and Medium Enterprises (SMEs). We conducted a Systematic review of 186 scholarly articles published in Web of Science (WOS), selected using the PRISMA framework. We conducted scientometric analysis on sources, authors and country level and thematic analysis to pinpoint further research areas. This was followed by a detailed literature review of the articles selected to study the concept and current practices of circular economy and an evaluation of its implementation in emerging economies. The paper proposes an integrated framework grounded in two approaches, that is, the Technology, Organization and Environment (TOE) framework and institutional isomorphism as determinants of cloud adoption and CE implementation. The proposed model explores the impact of institutional forces on the various parameters of TOE, thereby culminating in the adoption of Cloud Computing in SMEs. The study would encourage leaders and managers of SMEs to adopt cloud computing for competitive advantage and achieve a circular economy approach together. The adoption of cloud-based applications has a great potential to foster industrial and economic progress with minimum damage to the ecosystem, furthering sustainability and achieving Sustainable Development Goals (SDGs).
{"title":"Sustainability in small and medium enterprises: A circular economy approach using cloud computing","authors":"Nidhi Shridhar Natrajan, Rinku Sanjeev, Rishabh Upendra Jain","doi":"10.1002/bsd2.370","DOIUrl":"https://doi.org/10.1002/bsd2.370","url":null,"abstract":"<p>Sustainable production and consumption are the need of the hour. Adopting the Circular Economy (CE) approach fosters sustainable business practices. Cloud computing is a new way of storage and application deployment. Cloud computing enables sustainable business processes, which in turn contributes towards the effective implementation of the Circular Approach to Business Practices (CABP). The current study aims to understand the potential of cloud computing to foster circular economy practices in Small and Medium Enterprises (SMEs). We conducted a Systematic review of 186 scholarly articles published in Web of Science (WOS), selected using the PRISMA framework. We conducted scientometric analysis on sources, authors and country level and thematic analysis to pinpoint further research areas. This was followed by a detailed literature review of the articles selected to study the concept and current practices of circular economy and an evaluation of its implementation in emerging economies. The paper proposes an integrated framework grounded in two approaches, that is, the Technology, Organization and Environment (TOE) framework and institutional isomorphism as determinants of cloud adoption and CE implementation. The proposed model explores the impact of institutional forces on the various parameters of TOE, thereby culminating in the adoption of Cloud Computing in SMEs. The study would encourage leaders and managers of SMEs to adopt cloud computing for competitive advantage and achieve a circular economy approach together. The adoption of cloud-based applications has a great potential to foster industrial and economic progress with minimum damage to the ecosystem, furthering sustainability and achieving Sustainable Development Goals (SDGs).</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":null,"pages":null},"PeriodicalIF":3.0,"publicationDate":"2024-04-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140631959","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper responds to calls for research and conceptualizes resilience, responsiveness and reconfigurable (3Rs) capabilities required for handling disruptions in pre-disruption, during disruption and post-disruption stages. This paper examined the impact of analytics on 3Rs capabilities in the supply chain context building on the tenets of contingency theory. Drawing on survey data obtained from individuals with managerial positions in firms operating in the United Arab Emirates (n = 151), this study investigates how supply chain analytics foster 3Rs capacities in the face of a pandemic using canonical correlation and linear regression analyses. Supply chain analytics is a relevant predictor for supply chain (i) resilience, (ii) responsiveness, and (iii) restoration/reconfiguration. Inevitable supply chain disruptions call for investment and integration of digital tools like supply chain analytics because they offer timely information for informed decision-making. This work provides theoretical contributions to the domain of interest by exploring the role of supply chain analytics on the 3Rs capabilities.
{"title":"The role of supply chain analytics on supply chain responsiveness, resilience, and restoration (3Rs) capabilities in the United Arab Emirates","authors":"Mohamed Dawood Shamout","doi":"10.1002/bsd2.374","DOIUrl":"https://doi.org/10.1002/bsd2.374","url":null,"abstract":"<p>This paper responds to calls for research and conceptualizes resilience, responsiveness and reconfigurable (3Rs) capabilities required for handling disruptions in pre-disruption, during disruption and post-disruption stages. This paper examined the impact of analytics on 3Rs capabilities in the supply chain context building on the tenets of contingency theory. Drawing on survey data obtained from individuals with managerial positions in firms operating in the United Arab Emirates (<i>n</i> = 151), this study investigates how supply chain analytics foster 3Rs capacities in the face of a pandemic using canonical correlation and linear regression analyses. Supply chain analytics is a relevant predictor for supply chain (i) resilience, (ii) responsiveness, and (iii) restoration/reconfiguration. Inevitable supply chain disruptions call for investment and integration of digital tools like supply chain analytics because they offer timely information for informed decision-making. This work provides theoretical contributions to the domain of interest by exploring the role of supply chain analytics on the 3Rs capabilities.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":null,"pages":null},"PeriodicalIF":3.0,"publicationDate":"2024-04-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140619705","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}