Digital technology and circular economy practices: An strategy to improve organizational performance

被引:78
|
作者
Khan, Syed Abdul Rehman [1 ,2 ,3 ]
Zia-ul-haq, Hafiz Muhammad [4 ]
Umar, Muhammad [4 ]
Yu, Zhang [5 ]
机构
[1] Xuzhou Univ Technol, Sch Management & Engn, Xuzhou, Jiangsu, Peoples R China
[2] ILMA Univ, Dept Business Adm, Karachi, Pakistan
[3] Beijing Key Lab Urban Spatial Informat Engn, Beijing, Peoples R China
[4] Univ Malaysia Terengganu, Fac Business Econ & Social Dev, Kuala Terengganu, Malaysia
[5] Changan Univ, Sch Econ & Management, Xian, Peoples R China
来源
BUSINESS STRATEGY AND DEVELOPMENT | 2021年 / 4卷 / 04期
基金
中国国家自然科学基金;
关键词
circular economy practices; digital technology; Malaysian firms; structural equation modeling; SUPPLY CHAIN MANAGEMENT; BLOCKCHAIN TECHNOLOGY; SUSTAINABILITY; IMPACT; FRAMEWORK; ENABLERS; INDUSTRY; MODELS; ENERGY; NEXUS;
D O I
10.1002/bsd2.176
中图分类号
F [经济];
学科分类号
02 ;
摘要
Amid rising environmental concerns, advanced technology, including Blockchain technology (BCT) are transforming circular economy (CE) practices and prevailing business models. Recognize the same, the current study examines the role of BCT in CE practices; and their impact on organizational performance. The study collects data from 239 enterprises that are located in Malaysian territories. By employing PLS-SEM modeling framework, the study provides two key findings. First, BCT significantly improves the CE practices (circular procurement, circular design, recycling, and remanufacturing). Second, CE practices help to increase organizational performance. This study set-out the foundations for participating countries/firms, that help to simultaneously achieve financial and sustainable goals through the integration of BCT in their business for betterment.
引用
收藏
页码:482 / 490
页数:9
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