Implementing Industry 4.0 and circular economy through the developmental culture perspective—Driving a competitive advantage in the manufacturing industry

IF 12.5 1区管理学 Q1 BUSINESS

Business Strategy and The Environment Pub Date : 2024-09-14 DOI:10.1002/bse.3967

Vichathorn Piyathanavong, Sun Olapiriyakul, Jose Arturo Garza‐Reyes, Vikas Kumar, Van‐Nam Huynh, Jessada Karnjana

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Abstract

The transition towards Industry 4.0 and circular economy (CE) is increasingly important for the manufacturing sector in the emerging economy context, where culture plays an important role. This study explores how organisational culture, i.e., developmental culture, influences Industry 4.0 and CE transition to achieve a competitive advantage. The findings are based on 354 survey responses from manufacturing firms in Thailand. Structural Equation Modelling (SEM) was adopted to explore the mediation effect of Industry 4.0 and CE between developmental culture and competitive advantage and direct relationships. The developmental culture is examined as the firm's intrinsic factor in advancing Industry 4.0 and CE implementation. The direct effect of Industry 4.0 on CE adoption is analysed. The results indicate the positive influence of developmental culture on Industry 4.0 and CE transition and their positive impact on competitive advantage. This implies that firms should align their cultural characteristics with developmental culture as part of their strategic approaches towards adopting Industry 4.0 and CE principles. This study expands the literature by incorporating the influence of developmental culture to improve the understanding of the intrinsic influencing factor that leads to effective Industry 4.0 and CE implementation.

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通过发展文化视角实施工业 4.0 和循环经济--推动制造业的竞争优势

在新兴经济背景下，向工业 4.0 和循环经济（CE）转型对制造业日益重要，而文化在其中发挥着重要作用。本研究探讨了组织文化（即发展文化）如何影响工业 4.0 和循环经济转型以实现竞争优势。研究结果基于 354 份来自泰国制造企业的调查反馈。研究采用了结构方程模型（SEM）来探讨工业 4.0 和消费电子化在发展型文化与竞争优势之间的中介效应和直接关系。发展文化是企业推进工业 4.0 和消费电子实施的内在因素。分析了工业 4.0 对采用消费电子产品的直接影响。结果表明，发展型文化对工业 4.0 和消费电子转型有积极影响，对竞争优势也有积极影响。这意味着企业应将其文化特征与发展型文化结合起来，作为其采用工业 4.0 和消费电子原则的战略方法的一部分。本研究通过纳入发展型文化的影响来扩展文献，从而加深对导致有效实施工业 4.0 和消费电子的内在影响因素的理解。

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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.