{"title":"THE MODERATING ROLE OF ORGANIZATIONAL SUPPORT ON THE RELATIONSHIP BETWEEN GREEN SUPPLY CHAIN PRACTICES, GOVERNANCE AND SUSTAINABLE ECONOMIC PERFORMANCE: EVIDENCE FROM CHINA","authors":"YunQian Zhang","doi":"10.3846/tede.2024.20138","DOIUrl":"https://doi.org/10.3846/tede.2024.20138","url":null,"abstract":"Recently, sustainable economic performance (SEP) has been the foremost requirement due to uncertainty of the economy and environment. This issue needs best practices and governance and also needs researchers’ focus. Thereby, the paper aims to assess green supply chain (SC) practices, green SC governance and their role in the achievement of SEP in the manufacturing sector of China. The paper also attempts to explore the moderating effect of organizational support in proposed framework. PLS-SEM model was employed to test model’s reliability and validity. The very same method has applied to test the linkage among outlined constructs. Obtained results confirms the moderating impact of organizational support among traditional governance, relational governance and the achievement of SEP in the manufacturing industry in China. This article provides guidelines to the regulators in developing policies related to the achievement of SEP using green SC practices and governance.","PeriodicalId":51460,"journal":{"name":"Technological and Economic Development of Economy","volume":null,"pages":null},"PeriodicalIF":5.9,"publicationDate":"2024-02-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139957300","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Hsu-Hwa Chang, Ming-Tsang Lu, Li-Hua Huang, Hsiang Fa Ling, Yen-Chen Yen
{"title":"ASSESSING THE DIFFUSION OF FINTECH INNOVATION IN FINANCIAL INDUSTRY: USING THE ROUGH MCDM MODEL","authors":"Hsu-Hwa Chang, Ming-Tsang Lu, Li-Hua Huang, Hsiang Fa Ling, Yen-Chen Yen","doi":"10.3846/tede.2024.20260","DOIUrl":"https://doi.org/10.3846/tede.2024.20260","url":null,"abstract":"We develop a conceptual structure to explore how financial technology (FinTech) innovation is being implemented to deal with vague, inconsistent and ambiguous knowledge in actual world. The structure of this study is built upon the technology, organization, environment (TOE) context, which one uses the concept of multi-criteria estimation to measure the significance of FinTech innovation. We develop an integrated MCDM (multiple criteria decision-making) model through rough set theory help administrators obtain a strategic influence relation map for enhancing performance approaching towards the aspiration value. This model involves three steps: primary, we apply this rough number to define group views which reflect upon experts’ real experiences; second, we use the rough DEMATEL-based ANP-(RDANP) to acquire the rough influential weights and rough influential network relationship map (RINRM) based on this TOE structure and its corresponding attributes; finally, we utilize the rough modified VIKOR with the influence to analyze the gap between the performance value and the aspirated level. The empirical case was originated from financial industry in Taiwan. According to the weighting results the expected benefits, technology integration, and competitive pressure were the most important criteria. Our results also illustrate how FinTech innovation can be used for promoting financial services.","PeriodicalId":51460,"journal":{"name":"Technological and Economic Development of Economy","volume":null,"pages":null},"PeriodicalIF":5.9,"publicationDate":"2024-02-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140436099","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"IMPACT OF OPEN INNOVATION ON GLOBALIZATION: A SURVEY STUDY ON CHINA","authors":"Fengsheng Chien, YunQian Zhang, Muhammad Sadiq","doi":"10.3846/tede.2024.19982","DOIUrl":"https://doi.org/10.3846/tede.2024.19982","url":null,"abstract":"The objective of this study is to examine the role of open innovation practices to promote globalization. For this purpose, this study considered two open innovation practices: external knowledge and supplier involvement. A survey was carried out to collect primary data from the respondents. This study preferred Chinese small and medium-sized enterprises (SMEs) to examine the role of open innovation in globalization. Data were collected from the employees of SMEs in China. By employing Structural Equation Modeling, this study addressed the important insights for academicians and practitioners. It is concluded that; open innovation practices have key role to promote globalization. The promotion of open innovation practices among the Chinese SMEs can increase the globalization potential. The strategies of open innovation led to increase in business collaboration across the border business organizations. The business collaboration between the SMEs of various countries is the best way to enhance globalization by increasing the level of social capital. Therefore, those institutions who want to promote globalization should promote open innovation practices among the business organizations.","PeriodicalId":51460,"journal":{"name":"Technological and Economic Development of Economy","volume":null,"pages":null},"PeriodicalIF":5.9,"publicationDate":"2024-02-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139834690","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"GREEN INVESTMENT, ENERGY EFFICIENCY, AND ECONOMIC GROWTH: DOES ECONOMIC FREEDOM MATTER? EVIDENCE FROM BRICS COUNTRIES","authors":"HongMei Mu","doi":"10.3846/tede.2024.19442","DOIUrl":"https://doi.org/10.3846/tede.2024.19442","url":null,"abstract":"Sustainable development goals, particularly number 7, clearly urges economies over the globe to multiple their efforts in order to improve efficiency. Although witnesses stressed out the importance of energy efficiency and claimed that when it is improved drastically, it triggers economic growth, however, the reported evidences to support the claim are mixed. In BRICS scenario, economies are experiencing the change from high-speed growth to high quality growth, due to which it is equally important to look into green investment as it is an essential tool to build high quality economic growth. Although green investment targets energy conservation as well as ecological deficit as it main goal. However, limited literature claims that it affects economic growth as well. Thus, the present study aims to assess green investment, energy efficiency, and economic growth (EG) and their impact on economic freedom index of the BRICS countries. Methods of Moments-Quantile-Regression (MMQR) approach is applied to explore the association between the understudy constructs in the time span of 2001–2020. Interestingly, it is revealed that green investment, energy efficiency and renewable energy are positively related with economic freedom index of the BRICS countries. With the evidences, the study proposes a conclusive remark to spur development across the countries.","PeriodicalId":51460,"journal":{"name":"Technological and Economic Development of Economy","volume":null,"pages":null},"PeriodicalIF":5.9,"publicationDate":"2024-02-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139776042","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"GREEN INVESTMENT, ENERGY EFFICIENCY, AND ECONOMIC GROWTH: DOES ECONOMIC FREEDOM MATTER? EVIDENCE FROM BRICS COUNTRIES","authors":"HongMei Mu","doi":"10.3846/tede.2024.19442","DOIUrl":"https://doi.org/10.3846/tede.2024.19442","url":null,"abstract":"Sustainable development goals, particularly number 7, clearly urges economies over the globe to multiple their efforts in order to improve efficiency. Although witnesses stressed out the importance of energy efficiency and claimed that when it is improved drastically, it triggers economic growth, however, the reported evidences to support the claim are mixed. In BRICS scenario, economies are experiencing the change from high-speed growth to high quality growth, due to which it is equally important to look into green investment as it is an essential tool to build high quality economic growth. Although green investment targets energy conservation as well as ecological deficit as it main goal. However, limited literature claims that it affects economic growth as well. Thus, the present study aims to assess green investment, energy efficiency, and economic growth (EG) and their impact on economic freedom index of the BRICS countries. Methods of Moments-Quantile-Regression (MMQR) approach is applied to explore the association between the understudy constructs in the time span of 2001–2020. Interestingly, it is revealed that green investment, energy efficiency and renewable energy are positively related with economic freedom index of the BRICS countries. With the evidences, the study proposes a conclusive remark to spur development across the countries.","PeriodicalId":51460,"journal":{"name":"Technological and Economic Development of Economy","volume":null,"pages":null},"PeriodicalIF":5.9,"publicationDate":"2024-02-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139835605","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"IMPACT OF OPEN INNOVATION ON GLOBALIZATION: A SURVEY STUDY ON CHINA","authors":"Fengsheng Chien, YunQian Zhang, Muhammad Sadiq","doi":"10.3846/tede.2024.19982","DOIUrl":"https://doi.org/10.3846/tede.2024.19982","url":null,"abstract":"The objective of this study is to examine the role of open innovation practices to promote globalization. For this purpose, this study considered two open innovation practices: external knowledge and supplier involvement. A survey was carried out to collect primary data from the respondents. This study preferred Chinese small and medium-sized enterprises (SMEs) to examine the role of open innovation in globalization. Data were collected from the employees of SMEs in China. By employing Structural Equation Modeling, this study addressed the important insights for academicians and practitioners. It is concluded that; open innovation practices have key role to promote globalization. The promotion of open innovation practices among the Chinese SMEs can increase the globalization potential. The strategies of open innovation led to increase in business collaboration across the border business organizations. The business collaboration between the SMEs of various countries is the best way to enhance globalization by increasing the level of social capital. Therefore, those institutions who want to promote globalization should promote open innovation practices among the business organizations.","PeriodicalId":51460,"journal":{"name":"Technological and Economic Development of Economy","volume":null,"pages":null},"PeriodicalIF":5.9,"publicationDate":"2024-02-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139775004","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"THE PERCEIVED RELATIONSHIP BETWEEN SUSTAINABLE ENERGY TECHNOLOGIES, ECO-INNOVATION, ECONOMIC GROWTH AND SOCIAL SUSTAINABILITY: EVIDENCE FROM CHINA","authors":"Fengsheng Chien, K. Chau, Xiangling Huang","doi":"10.3846/tede.2024.20445","DOIUrl":"https://doi.org/10.3846/tede.2024.20445","url":null,"abstract":"Social sustainability is a global necessity because of environmental and economic uncertainty. This issue needs the foremost solution, and for this purpose, researchers’ and policymakers’ emphasis is required. Thereby, the present paper investigates sustainable energy technologies such as solar and hydroelectric, eco-innovation and EG and their impact on social sustainability in China. The study also used industrialization and inflation as the control variables in the time span of 1981 to 2020. The present study also applied the Dynamic Auto-regressive Distributed Lags (DARDL) model to evaluate the association between the outlined variables. The results indicated that sustainable energy technologies such as solar and hydroelectric, eco-innovation, economic growth, industrialization and inflation are significantly associated with social sustainability in China. The present paper offers standard policies to regulators in making regulations related to maintaining social sustainability by using effective sustainable energy technologies and eco-innovation.","PeriodicalId":51460,"journal":{"name":"Technological and Economic Development of Economy","volume":null,"pages":null},"PeriodicalIF":5.9,"publicationDate":"2024-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139784037","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"FOREIGN DIRECT INVESTMENT PERFORMANCE DRIVERS AT THE COUNTRY LEVEL: A ROBUST COMPROMISE MULTI-CRITERIA DECISION-MAKING APPROACH","authors":"P. Wanke, Yong Tan, J. Antunes, Ali Emrouznejad","doi":"10.3846/tede.2024.19532","DOIUrl":"https://doi.org/10.3846/tede.2024.19532","url":null,"abstract":"This paper focuses on the performance drivers of Foreign Direct Investment (FDI) at the country level, exploring the socio-demographic specifics of donor and receiver countries. To this end, a novel Robust Compromise (RoCo) Multi-Criteria Decision-Making (MCDM) model is proposed using non-linear programming solved by genetic algorithms. The model builds upon established traditional models for alternative ranking and criteria weighting. Subsequently, a stochastic robust regression is performed, building upon previously computed bootstrapped Tobit, Simplex, and Beta regressions to handle performance scores ranging between 0 and 1. The goal is to test FDI performance against a set of contextual variables. The findings suggest that the performance of FDI is relatively low, and relevant improvements should be made. Our second stage analysis reports that higher GDP per capita and good social welfare, including lower infant mortality and higher life expectancy, contribute to the improvement in FDI performance. Furthermore, it is found that a large percentage of women in the total population, wealth concentration in the destination country, as well as the degree of urbanization, are helpful to improve FDI performance. Finally, we find that FDI performance is mainly concentrated on industries that are high-tech and high value-added.","PeriodicalId":51460,"journal":{"name":"Technological and Economic Development of Economy","volume":null,"pages":null},"PeriodicalIF":5.9,"publicationDate":"2024-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139842190","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"THE PERCEIVED RELATIONSHIP BETWEEN SUSTAINABLE ENERGY TECHNOLOGIES, ECO-INNOVATION, ECONOMIC GROWTH AND SOCIAL SUSTAINABILITY: EVIDENCE FROM CHINA","authors":"Fengsheng Chien, K. Chau, Xiangling Huang","doi":"10.3846/tede.2024.20445","DOIUrl":"https://doi.org/10.3846/tede.2024.20445","url":null,"abstract":"Social sustainability is a global necessity because of environmental and economic uncertainty. This issue needs the foremost solution, and for this purpose, researchers’ and policymakers’ emphasis is required. Thereby, the present paper investigates sustainable energy technologies such as solar and hydroelectric, eco-innovation and EG and their impact on social sustainability in China. The study also used industrialization and inflation as the control variables in the time span of 1981 to 2020. The present study also applied the Dynamic Auto-regressive Distributed Lags (DARDL) model to evaluate the association between the outlined variables. The results indicated that sustainable energy technologies such as solar and hydroelectric, eco-innovation, economic growth, industrialization and inflation are significantly associated with social sustainability in China. The present paper offers standard policies to regulators in making regulations related to maintaining social sustainability by using effective sustainable energy technologies and eco-innovation.","PeriodicalId":51460,"journal":{"name":"Technological and Economic Development of Economy","volume":null,"pages":null},"PeriodicalIF":5.9,"publicationDate":"2024-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139843893","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"FOREIGN DIRECT INVESTMENT PERFORMANCE DRIVERS AT THE COUNTRY LEVEL: A ROBUST COMPROMISE MULTI-CRITERIA DECISION-MAKING APPROACH","authors":"P. Wanke, Yong Tan, J. Antunes, Ali Emrouznejad","doi":"10.3846/tede.2024.19532","DOIUrl":"https://doi.org/10.3846/tede.2024.19532","url":null,"abstract":"This paper focuses on the performance drivers of Foreign Direct Investment (FDI) at the country level, exploring the socio-demographic specifics of donor and receiver countries. To this end, a novel Robust Compromise (RoCo) Multi-Criteria Decision-Making (MCDM) model is proposed using non-linear programming solved by genetic algorithms. The model builds upon established traditional models for alternative ranking and criteria weighting. Subsequently, a stochastic robust regression is performed, building upon previously computed bootstrapped Tobit, Simplex, and Beta regressions to handle performance scores ranging between 0 and 1. The goal is to test FDI performance against a set of contextual variables. The findings suggest that the performance of FDI is relatively low, and relevant improvements should be made. Our second stage analysis reports that higher GDP per capita and good social welfare, including lower infant mortality and higher life expectancy, contribute to the improvement in FDI performance. Furthermore, it is found that a large percentage of women in the total population, wealth concentration in the destination country, as well as the degree of urbanization, are helpful to improve FDI performance. Finally, we find that FDI performance is mainly concentrated on industries that are high-tech and high value-added.","PeriodicalId":51460,"journal":{"name":"Technological and Economic Development of Economy","volume":null,"pages":null},"PeriodicalIF":5.9,"publicationDate":"2024-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139782431","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}