To accomplish the 2030 Sustainable Development Goals (SDGs), the manufacturing industry faces significant hurdles, particularly in embracing green servitization and circular economy ideas and confronting the dearth of research on green servitization for sustainability. To fill this lacuna, this study examines the role of green servitization in promoting circular economy practices (CEPs) and sustainability in Malaysian manufacturing firms. A robust framework has been forged based on the natural resource‐based view (NRBV) theory. Data from a survey of 251 manufacturing firms (Malaysian and Japanese) were collected and analyzed using a hybrid methodology that included structural equation modeling and artificial neural network (SEM‐ANN). The research findings from SEM highlight that green servitization positively promotes CEP and sustainable performance. Furthermore, CEP has a mediating role between green servitization and sustainable performance. The ANN results indicate that CEP is the dominant predictor of sustainability dimensions. Unlike the prior research that theoretically assumes that all relationships are linear, this has been the nascent study that has successfully validated that there exists a nonlinear relationship in the NRBV framework. Based on the outcomes, study contributions, practical implications, and future research avenues have been discussed.
{"title":"Green servitization, circular economy, and sustainability a winning combination analysis through hybrid SEM‐ANN approach","authors":"Satirenjit Kaur Johl, Kashif Ali, Kunio Shirahada, Oyelakin Idris Oyewale","doi":"10.1002/bse.3950","DOIUrl":"https://doi.org/10.1002/bse.3950","url":null,"abstract":"To accomplish the 2030 Sustainable Development Goals (SDGs), the manufacturing industry faces significant hurdles, particularly in embracing green servitization and circular economy ideas and confronting the dearth of research on green servitization for sustainability. To fill this lacuna, this study examines the role of green servitization in promoting circular economy practices (CEPs) and sustainability in Malaysian manufacturing firms. A robust framework has been forged based on the natural resource‐based view (NRBV) theory. Data from a survey of 251 manufacturing firms (Malaysian and Japanese) were collected and analyzed using a hybrid methodology that included structural equation modeling and artificial neural network (SEM‐ANN). The research findings from SEM highlight that green servitization positively promotes CEP and sustainable performance. Furthermore, CEP has a mediating role between green servitization and sustainable performance. The ANN results indicate that CEP is the dominant predictor of sustainability dimensions. Unlike the prior research that theoretically assumes that all relationships are linear, this has been the nascent study that has successfully validated that there exists a nonlinear relationship in the NRBV framework. Based on the outcomes, study contributions, practical implications, and future research avenues have been discussed.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"1 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2024-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142231198","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Sikandar Ali Qalati, Faiza Siddiqui, Domitilla Magni
The significance of firm environmental performance (FEP) has been recognized by academic experts. Nevertheless, a comprehensive exploration of the driving factors behind it remains lacking. In order to bridge this gap, this study employs the perspective of the Triple Bottom Line theory and explores the influence of senior management sustainability commitment (SMSC) and green human resource management practices (GHRMP) on FEP. Furthermore, the study explores the direct and mediating role of GHRMP on the SMSC–FEP relationship. The moderation role of environmental knowledge and green organizational culture was also explored. A questionnaire with closed‐ended questions was sent online to 321 manufacturing companies, followed by analysis using SmartPLS 4.0. The results of this study indicate that SMSC has a significant influence on both GHRMP and FEP. Elucidation is provided in the discourse relating to the theoretical and practical contribution. Additionally, the limitations and potential for further inquiry are specified.
{"title":"Senior management's sustainability commitment and environmental performance: Revealing the role of green human resource management practices","authors":"Sikandar Ali Qalati, Faiza Siddiqui, Domitilla Magni","doi":"10.1002/bse.3962","DOIUrl":"https://doi.org/10.1002/bse.3962","url":null,"abstract":"The significance of firm environmental performance (FEP) has been recognized by academic experts. Nevertheless, a comprehensive exploration of the driving factors behind it remains lacking. In order to bridge this gap, this study employs the perspective of the Triple Bottom Line theory and explores the influence of senior management sustainability commitment (SMSC) and green human resource management practices (GHRMP) on FEP. Furthermore, the study explores the direct and mediating role of GHRMP on the SMSC–FEP relationship. The moderation role of environmental knowledge and green organizational culture was also explored. A questionnaire with closed‐ended questions was sent online to 321 manufacturing companies, followed by analysis using SmartPLS 4.0. The results of this study indicate that SMSC has a significant influence on both GHRMP and FEP. Elucidation is provided in the discourse relating to the theoretical and practical contribution. Additionally, the limitations and potential for further inquiry are specified.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"33 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2024-09-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142174489","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper aims at enabling the acceleration of CE transitions by offering insights into processes that need to take place to mainstream (or scale from niches to regimes) entrepreneurial solutions in two contexts, i.e., developed versus emerging markets and developing economies. Entrepreneurs play a crucial role in spurring innovation. The emergence of innovative solutions is a prerequisite for unlocking CE transitions. Yet, to sustain the transitions, it is critical that the solutions are mainstreamed. The mainstreaming is facilitated by strategic collective system building activities of entrepreneurs as a necessary but probably not sufficient element of CE transitions. Based on a qualitative approach to assessing such activities, involving an online survey and interviews with entrepreneurs in Austria and Southern Mediterranean, the research results reveal that technological innovation is significantly more important in developed economies in comparison to emerging markets and developing economies, where societal innovation is at the core of CE transitions. Also, raising user awareness and competition with incumbents are significantly more important in emerging markets and developing economies than in developed economies. In both contexts, knowledge development within a company is the key activity enabling mainstreaming of innovative CE solutions.
{"title":"Mainstreaming innovative circular economy solutions—A comparative study between entrepreneurs in developed versus emerging markets and developing economies","authors":"Olga Rataj, René Kemp, Katarzyna Mordaszewska","doi":"10.1002/bse.3957","DOIUrl":"https://doi.org/10.1002/bse.3957","url":null,"abstract":"This paper aims at enabling the acceleration of CE transitions by offering insights into processes that need to take place to mainstream (or scale from niches to regimes) entrepreneurial solutions in two contexts, i.e., developed versus emerging markets and developing economies. Entrepreneurs play a crucial role in spurring innovation. The emergence of innovative solutions is a prerequisite for unlocking CE transitions. Yet, to sustain the transitions, it is critical that the solutions are mainstreamed. The mainstreaming is facilitated by strategic collective system building activities of entrepreneurs as a necessary but probably not sufficient element of CE transitions. Based on a qualitative approach to assessing such activities, involving an online survey and interviews with entrepreneurs in Austria and Southern Mediterranean, the research results reveal that technological innovation is significantly more important in developed economies in comparison to emerging markets and developing economies, where societal innovation is at the core of CE transitions. Also, raising user awareness and competition with incumbents are significantly more important in emerging markets and developing economies than in developed economies. In both contexts, knowledge development within a company is the key activity enabling mainstreaming of innovative CE solutions.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"298 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2024-09-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142174488","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Rim El Khoury, Nohade Nasrallah, Hazem Marashdeh, Osama F. Atayah, Kaliyan Mathiyazhagan
As greener strategies become the top priority of all nations, their contributions toward decarbonized economies arise as an important topic. The present study attempts to weigh the effect of such strategies. We investigate this relationship using panel regressions and applying many tests based on data gathered from 2010 to 2019. Our findings underscore the positive impact of adopting green initiatives on mitigating environmental pollution. Specifically, we demonstrate that renewable energy consumption serves as a vital substitute for traditional energy sources in G7 nations, offering significant opportunities for private sector involvement in sustainable energy ventures. However, green finance initiatives exhibit positive outcomes while certain aspects of economic development exert detrimental consequences on environmental conditions.The current study is useful for environmental protection agencies, organizations, analysts, policymakers, and the private sector, as the role of green finance and energy efficiency is highly manifested. By channeling and reallocating appropriate funds to green projects, including those led by private enterprises, G7 countries can proactively address environmental degradation and align with the objectives outlined in the Paris Agreement.
{"title":"The nexus of Green finance and renewable energy on CO2 emissions","authors":"Rim El Khoury, Nohade Nasrallah, Hazem Marashdeh, Osama F. Atayah, Kaliyan Mathiyazhagan","doi":"10.1002/bse.3914","DOIUrl":"https://doi.org/10.1002/bse.3914","url":null,"abstract":"As greener strategies become the top priority of all nations, their contributions toward decarbonized economies arise as an important topic. The present study attempts to weigh the effect of such strategies. We investigate this relationship using panel regressions and applying many tests based on data gathered from 2010 to 2019. Our findings underscore the positive impact of adopting green initiatives on mitigating environmental pollution. Specifically, we demonstrate that renewable energy consumption serves as a vital substitute for traditional energy sources in G7 nations, offering significant opportunities for private sector involvement in sustainable energy ventures. However, green finance initiatives exhibit positive outcomes while certain aspects of economic development exert detrimental consequences on environmental conditions.The current study is useful for environmental protection agencies, organizations, analysts, policymakers, and the private sector, as the role of green finance and energy efficiency is highly manifested. By channeling and reallocating appropriate funds to green projects, including those led by private enterprises, G7 countries can proactively address environmental degradation and align with the objectives outlined in the Paris Agreement.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"96 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2024-09-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142171267","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Environmental innovation has become an important way for family firms to meet institutional requirements and market demands. Based on the dual perspectives of informal institution and environmental innovation, this study constructs a research framework of “culture‐innovation‐performance” to explore the relationship between Confucian culture, environmental innovation, and family firm performance as well as the moderating role of market competition intensity. A total of 529 family firms in the manufacturing industry listed on the Shanghai and Shenzhen A‐share stock markets between 2015 and 2021 were selected as the research sample to test the hypotheses using multiple regression analysis. The results indicate that Confucian culture significantly promotes the quality of environmental innovation but does not have a significant effect on the quantity of environmental innovation; moreover, both the quantity and quality of environmental innovation can promote the performance of family firms, and this promoting effect is stronger in an environment with lower market competition intensity. This study not only enriches the application of Confucian culture in environmental innovation but also provides guidance on how firms can improve the quality of environmental innovation.
{"title":"Confucian culture, environmental innovation, and family firms' performance: The moderating role of market competition","authors":"Zhongju Liao, Yan Liu","doi":"10.1002/bse.3953","DOIUrl":"https://doi.org/10.1002/bse.3953","url":null,"abstract":"Environmental innovation has become an important way for family firms to meet institutional requirements and market demands. Based on the dual perspectives of informal institution and environmental innovation, this study constructs a research framework of “culture‐innovation‐performance” to explore the relationship between Confucian culture, environmental innovation, and family firm performance as well as the moderating role of market competition intensity. A total of 529 family firms in the manufacturing industry listed on the Shanghai and Shenzhen A‐share stock markets between 2015 and 2021 were selected as the research sample to test the hypotheses using multiple regression analysis. The results indicate that Confucian culture significantly promotes the quality of environmental innovation but does not have a significant effect on the quantity of environmental innovation; moreover, both the quantity and quality of environmental innovation can promote the performance of family firms, and this promoting effect is stronger in an environment with lower market competition intensity. This study not only enriches the application of Confucian culture in environmental innovation but also provides guidance on how firms can improve the quality of environmental innovation.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"2 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2024-09-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142166637","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Alberto Alcalde‐Calonge, Pablo Ruiz‐Palomino, Francisco José Sáez‐Martínez
This study addresses the challenges faced by small‐ and medium‐sized enterprises (SMEs) in undertaking sustainability projects due to limited resources and explores the factors influencing SMEs' adoption of circular economy (CE) practices, an area under‐researched in literature. Analysing data from 205 SMEs in Spain's forest bioeconomy sector using fuzzy sets (fs/QCA), the study finds that internal and external social capital, coupled with adaptive capacity, are crucial influences, particularly when SMEs exhibit an entrepreneurial culture. Conversely, if SMEs do not have an entrepreneurial orientation or the environment is not pro‐sustainable, these three characteristics may lead to low CE adoption. Thus, the study emphasizes SMEs' imperative to cultivate social capital, enhance adaptive capacity, and embrace innovation and risk‐taking to leverage internal and external resources and meet environmental demands, thereby reducing costs and time in adopting CE practices. Additionally, it underscores policymakers' pivotal role in fostering a pro‐sustainable environment, being critical for SME engagement in CE practices.
{"title":"Fostering circular economy in small and medium‐sized enterprises: The role of social capital, adaptive capacity, entrepreneurial orientation and a pro‐sustainable environment","authors":"Alberto Alcalde‐Calonge, Pablo Ruiz‐Palomino, Francisco José Sáez‐Martínez","doi":"10.1002/bse.3948","DOIUrl":"https://doi.org/10.1002/bse.3948","url":null,"abstract":"This study addresses the challenges faced by small‐ and medium‐sized enterprises (SMEs) in undertaking sustainability projects due to limited resources and explores the factors influencing SMEs' adoption of circular economy (CE) practices, an area under‐researched in literature. Analysing data from 205 SMEs in Spain's forest bioeconomy sector using fuzzy sets (fs/QCA), the study finds that internal and external social capital, coupled with adaptive capacity, are crucial influences, particularly when SMEs exhibit an entrepreneurial culture. Conversely, if SMEs do not have an entrepreneurial orientation or the environment is not pro‐sustainable, these three characteristics may lead to low CE adoption. Thus, the study emphasizes SMEs' imperative to cultivate social capital, enhance adaptive capacity, and embrace innovation and risk‐taking to leverage internal and external resources and meet environmental demands, thereby reducing costs and time in adopting CE practices. Additionally, it underscores policymakers' pivotal role in fostering a pro‐sustainable environment, being critical for SME engagement in CE practices.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"83 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2024-09-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142166646","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The G20 has highlighted the urgency and importance of financing net zero transition. Investors, however, lack a systematic framework to assess the credibility (incentive‐compatibility) of corporate transition claims. As such, negative screening based on current GHG emissions or even sectors remains a dominant climate investment strategy. In response, this paper develops an economic foundation for credible corporate net zero transition. Our model shows that, besides its current emissions, both a firm's transition capacity and urgency should be considered when assessing its likelihood of attaining net zero; interestingly, it shows how the concavity of its transition pathway may serve as a litmus test. Finally, we discuss how the Task Force on Climate‐Related Financial Disclosures (TCFD) framework can be utilized for credibility assessment of corporate transition pathways. Our findings and recommendations are one of the first attempts to address the market call for systematic approaches to evaluate forward‐looking climate mitigation claims.
{"title":"An economic foundation for assessing the credibility of corporate net zero transition pathways","authors":"Keith Jin Deng Chan, Bon Cheung, Louis Yue Shen","doi":"10.1002/bse.3951","DOIUrl":"https://doi.org/10.1002/bse.3951","url":null,"abstract":"The G20 has highlighted the urgency and importance of financing net zero transition. Investors, however, lack a systematic framework to assess the credibility (incentive‐compatibility) of corporate transition claims. As such, negative screening based on current GHG emissions or even sectors remains a dominant climate investment strategy. In response, this paper develops an economic foundation for credible corporate net zero transition. Our model shows that, besides its current emissions, both a firm's transition capacity and urgency should be considered when assessing its likelihood of attaining net zero; interestingly, it shows how the concavity of its transition pathway may serve as a litmus test. Finally, we discuss how the Task Force on Climate‐Related Financial Disclosures (TCFD) framework can be utilized for credibility assessment of corporate transition pathways. Our findings and recommendations are one of the first attempts to address the market call for systematic approaches to evaluate forward‐looking climate mitigation claims.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"16 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2024-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142160512","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Environmental accidents (EAs) are firm operational failures that harm human health, the natural environment, and offending firms. We propose they also initiate a subtle form of activism among consumers living near the accident by stimulating increased “green” behavior. Using annual county‐level data in California from 2000 to 2015, we show that following an EA, consumers reduce the trash/garbage they generate and the energy they consume. The impact is long‐lasting and stronger when EAs are more severe and when consumers have pro‐environmental beliefs, ready access to information, and convenient access to “green” options, such as recycling. Since affected consumers may also refuse to buy from, invest in, or work for offending companies, the results suggest that firms should develop environmental strategies, which include engaging and collaborating with local communities. The study results also provide input for the development of initiatives, which maximize consumer “green” behavior after, or in the absence of, an EA.
{"title":"How environmental accidents influence consumer “green” behavior: An econometric analysis","authors":"Rick Hardcopf, Suvrat Dhanorkar","doi":"10.1002/bse.3946","DOIUrl":"https://doi.org/10.1002/bse.3946","url":null,"abstract":"Environmental accidents (EAs) are firm operational failures that harm human health, the natural environment, and offending firms. We propose they also initiate a subtle form of activism among consumers living near the accident by stimulating increased “green” behavior. Using annual county‐level data in California from 2000 to 2015, we show that following an EA, consumers reduce the trash/garbage they generate and the energy they consume. The impact is long‐lasting and stronger when EAs are more severe and when consumers have pro‐environmental beliefs, ready access to information, and convenient access to “green” options, such as recycling. Since affected consumers may also refuse to buy from, invest in, or work for offending companies, the results suggest that firms should develop environmental strategies, which include engaging and collaborating with local communities. The study results also provide input for the development of initiatives, which maximize consumer “green” behavior after, or in the absence of, an EA.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"48 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2024-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142160513","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The decarbonization of the manufacturing sector is needed to meet the climate goals set by the Paris agreement. Most research so far has focused on large firms. Yet, medium‐sized and mid‐cap firms also face increasing pressures to decarbonize, particularly in their role as suppliers of large firms. Prior research shows that these firms are very heterogeneous and that approaches to decarbonize are not adopted in isolation but within sets or configurations—hence, a detailed investigation of these configurations is fruitful to understand the multiplicity of responses to decarbonization. Such an understanding allows to develop an effective decarbonization policy for medium‐sized and mid‐cap firms and provide meaningful managerial advice. Using a latent‐profile analysis, our study identifies five distinct decarbonization types of medium‐sized firms in the German manufacturing sector that adopt a specific configuration of decarbonization strategies. These types can be described as decarbonization all‐rounders, internal supply chain decarbonizers, total supply chain decarbonizers, decarbonization laggards and decarbonization sceptics. A comparison of these five decarbonization types reveals significant differences in stakeholder pressures, green capabilities and green innovation as well as firm performance and (structural) firm characteristics.
{"title":"Decarbonization types of medium‐sized and mid‐cap firms in the manufacturing sector","authors":"Joern Block, Solvej Lorenzen, Holger Steinmetz","doi":"10.1002/bse.3947","DOIUrl":"https://doi.org/10.1002/bse.3947","url":null,"abstract":"The decarbonization of the manufacturing sector is needed to meet the climate goals set by the Paris agreement. Most research so far has focused on large firms. Yet, medium‐sized and mid‐cap firms also face increasing pressures to decarbonize, particularly in their role as suppliers of large firms. Prior research shows that these firms are very heterogeneous and that approaches to decarbonize are not adopted in isolation but within sets or configurations—hence, a detailed investigation of these configurations is fruitful to understand the multiplicity of responses to decarbonization. Such an understanding allows to develop an effective decarbonization policy for medium‐sized and mid‐cap firms and provide meaningful managerial advice. Using a latent‐profile analysis, our study identifies five distinct decarbonization types of medium‐sized firms in the German manufacturing sector that adopt a specific configuration of decarbonization strategies. These types can be described as <jats:italic>decarbonization all‐rounders</jats:italic>, <jats:italic>internal supply chain decarbonizers</jats:italic>, <jats:italic>total supply chain decarbonizers</jats:italic>, <jats:italic>decarbonization laggards</jats:italic> and <jats:italic>decarbonization sceptics</jats:italic>. A comparison of these five decarbonization types reveals significant differences in stakeholder pressures, green capabilities and green innovation as well as firm performance and (structural) firm characteristics.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"59 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2024-09-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142152412","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Employing Industry 4.0 technologies has been recognized to facilitate data‐driven decision‐making and real‐time operational insights. While such technologies are poised to streamline supply chains for increased efficiency, the nexus between these technologies and environmental sustainability remains underexplored. This study applies the resource‐based view and network theories to assess the role of Industry 4.0 in fostering eco‐product innovation through supply chain integration. Data from 496 Indian manufacturing firms were analyzed using structural equation modeling to probe the relationships between Industry 4.0 adoption, supply chain integration, and eco‐product innovation capability. Results demonstrate that Industry 4.0 technologies have a positive direct effect on supply chain integration. However, when considering the capability for eco‐product innovation, the role of Industry 4.0 is contingent upon the degree of supply chain integration at upstream, internal, and downstream stages. The findings reveal that supply chain integration acts as a pivotal mediator in harnessing Industry 4.0 for eco‐product innovation. The direct influence of Industry 4.0 on eco‐innovation capability was found to be insignificant, underscoring the integrated approach to supply chain management as critical for environmental advancements. This work contributes a nuanced understanding of how manufacturers can strategically employ Industry 4.0 to bolster their environmental and competitive positioning, providing a comprehensive framework for enhancing eco‐product innovation capability.
{"title":"Industry 4.0 adoption and eco‐product innovation capability—Understanding the role of supply chain integration","authors":"Saumyaranjan Sahoo, Ashwani Kumar, Sachin Kumar Mangla, Anurag Tiwari","doi":"10.1002/bse.3949","DOIUrl":"https://doi.org/10.1002/bse.3949","url":null,"abstract":"Employing Industry 4.0 technologies has been recognized to facilitate data‐driven decision‐making and real‐time operational insights. While such technologies are poised to streamline supply chains for increased efficiency, the nexus between these technologies and environmental sustainability remains underexplored. This study applies the resource‐based view and network theories to assess the role of Industry 4.0 in fostering eco‐product innovation through supply chain integration. Data from 496 Indian manufacturing firms were analyzed using structural equation modeling to probe the relationships between Industry 4.0 adoption, supply chain integration, and eco‐product innovation capability. Results demonstrate that Industry 4.0 technologies have a positive direct effect on supply chain integration. However, when considering the capability for eco‐product innovation, the role of Industry 4.0 is contingent upon the degree of supply chain integration at upstream, internal, and downstream stages. The findings reveal that supply chain integration acts as a pivotal mediator in harnessing Industry 4.0 for eco‐product innovation. The direct influence of Industry 4.0 on eco‐innovation capability was found to be insignificant, underscoring the integrated approach to supply chain management as critical for environmental advancements. This work contributes a nuanced understanding of how manufacturers can strategically employ Industry 4.0 to bolster their environmental and competitive positioning, providing a comprehensive framework for enhancing eco‐product innovation capability.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"72 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2024-09-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142144319","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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