Business Strategy and The Environment最新文献

{"title":"Transforming the agri‐food sector through eco‐innovation: A path to sustainability and technological progress","authors":"Nuria Chaparro‐Banegas, Mercedes Sánchez‐Garcia, Consuelo Calafat‐Marzal, Norat Roig‐Tierno","doi":"10.1002/bse.3968","DOIUrl":"https://doi.org/10.1002/bse.3968","url":null,"abstract":"The rapid transformation in the way people live has become a concern for countries around the world. Innovation can offer a strategy to address sustainable development challenges in all areas of society. Traditionally, the agri‐food sector has had low levels of innovation and research and development (R&D). Despite its negative environmental effects, its value for society is unquestionable. Therefore, the agri‐food sector must not lag behind other sectors in embracing the technological progress that contributes to sustainable development. The scientific literature contains studies of eco‐innovation drivers and barriers. Nevertheless, research on low‐technology sectors such as the agri‐food sector is scarce. To address this research gap, this paper identifies the internal and external factors that are necessary for in‐firm eco‐innovation and whose absence can constrain or block eco‐innovation development. Data were gathered from Spanish agriculture and industrial agri‐food firms in 2022 based on primary statistical information collected in a 2022 survey to obtain data on their activity in the period 2017–2021. Necessary condition analysis (NCA) reveals three main findings: (i) internal factors are more relevant than external factors, (ii) the type of firm and the degree of eco‐innovation development affect the importance of internal and external factors, and (iii) agricultural and industrial agri‐food firms prioritize different stages of eco‐innovation development because of the higher complexity and technological progress of industrial firms. These results highlight eco‐innovation as a key strategy to enhance the competitiveness and sustainability of the sector. By prioritizing internal factors and fostering eco‐innovation through environmental training, green relationships, and support networks, companies can progress toward more sustainable and technologically advanced practices, thus contributing to the overall sustainable development of the sector. This underscores the importance of policies that promote training, investment in R&D, environmental and fiscal regulation, and collaboration to drive eco‐innovation and sustainability in the agri‐food sector.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"4 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2024-09-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142233337","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}

{"title":"Implementing Industry 4.0 and circular economy through the developmental culture perspective—Driving a competitive advantage in the manufacturing industry","authors":"Vichathorn Piyathanavong, Sun Olapiriyakul, Jose Arturo Garza‐Reyes, Vikas Kumar, Van‐Nam Huynh, Jessada Karnjana","doi":"10.1002/bse.3967","DOIUrl":"https://doi.org/10.1002/bse.3967","url":null,"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.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"62 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2024-09-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142233336","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}

{"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}

{"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}

{"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}

{"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}

{"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}

{"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}

{"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}

{"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}