Shahid Hussain Gurmani, Huayou Chen and Yuhang Bai
The purpose of this article is to present the idea of a T-spherical hesitant fuzzy set associated with probability and to develop an extended multi-attributive border…
Abstract
Purpose
The purpose of this article is to present the idea of a T-spherical hesitant fuzzy set associated with probability and to develop an extended multi-attributive border approximation area comparison (MABAC) method under probabilistic T-spherical hesitant fuzzy (Pt-SHF) settings.
Design/methodology/approach
The authors define some basic operational laws for Pt-SHF sets (Pt-SHFSs) and a comparison method of two probabilistic T-spherical hesitant fuzzy numbers (Pt-SHFNs) is proposed. Moreover, some Pt-SHF aggregation operators and the multi-attributive border approximation area comparison (MABAC) method are established under Pt-SHF scenario to solve group decision making problems.
Findings
The developed Pt-SHF MABAC method for multi-attribute group decision making (MAGDM) can overcome the drawbacks of conventional MABAC method and limitations for decision makers, which they face while providing their assessment concerning any object.
Research limitations/implications
Clearly, this paper is devoted to MABAC method, MAGDM and probabilistic T-spherical hesitant fuzzy set theory.
Practical implications
The approach established can be used in a variety of scenarios, including decision making, engineering, and economics. An explanatory example is illustrated which shows the superiority and effectiveness of our proposed technique.
Originality/value
If a T-spherical fuzzy MAGDM problem under the probabilistic scenario needs to be evaluated, the involvement of probabilities in fuzzy system will be lost because of no information. This work fills a gap in literature by establishing the notion of probabilistic t-spherical hesitant fuzzy set to deal with the ambiguity, uncertainty in decision making problems.
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Huayou Chen, Lei Jin, Xiang Li and Mengjie Yao
The purpose of this paper is to propose the optimal combination forecasting model based on closeness degree and induced ordered weighted harmonic averaging (IOWHA) operator under…
Abstract
Purpose
The purpose of this paper is to propose the optimal combination forecasting model based on closeness degree and induced ordered weighted harmonic averaging (IOWHA) operator under the uncertain environment in which the raw data are provided by interval numbers.
Design/methodology/approach
Starting from maximizing the closeness degree of combination forecasting, which is different from minimizing absolute errors, weighted coefficient vectors of combination forecasting methods are obtained. The new concepts of closeness degree for the center and radius of interval numbers sequences are put forward and the optimal interval combination forecasting model is constructed by maximizing the sum of convex combination with closeness degree of interval center and closeness degree of interval radius. The solution to the model is discussed.
Findings
The results show that this model can improve the combination forecasting accuracy efficiently compared with that of each single forecasting method.
Practical implications
The method proposed in the paper can be used to forecast future tendency in a wide ranges of fields, such as engineering, economics and management. In particular, the raw data are provided in the form of interval numbers under the uncertain environment.
Originality/value
The combination forecasting model proposed in this paper is based on closeness degree and IOWHA operator, which is a new kind of combination forecasting model with variant weights.
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Tainara Volan, Caroline Rodrigues Vaz and Mauricio Uriona-Maldonado
The paper concludes with showing that in the most optimistic scenario, end-of-life (EOL) batteries will account for 86% of energy storage for wind and 36% for solar PV in 2040.
Abstract
Purpose
The paper concludes with showing that in the most optimistic scenario, end-of-life (EOL) batteries will account for 86% of energy storage for wind and 36% for solar PV in 2040.
Design/methodology/approach
With the growing demand for electric vehicles (EVs), the stock of discarded batteries will increase dramatically if no action is taken for their reuse or recycling. One potential avenue is to reuse them as energy storage systems (ESS) to mitigate the intermittent generation of renewable energy such as solar PV and wind. In a sense, the reliability for solar PV and wind energy can increase if energy storage systems become economically more attractive, making solar and wind systems more attractive through economies of scale.
Findings
The paper concludes with showing that in the most optimistic scenario, EOL batteries will account for 86% of energy storage for wind and 36% for solar PV in 2040.
Originality/value
The projection of scenarios can contribute to the information of policies, standards and identification of environmental promotion and promotion related to efficient management for EOL batteries.
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Yanting Huang, Sijia Liu and Yuqing Liang
This paper aims to explore the effect of fairness concerns on supply chain members' optimal decisions and profits, to compare their profits under different policies, and to…
Abstract
Purpose
This paper aims to explore the effect of fairness concerns on supply chain members' optimal decisions and profits, to compare their profits under different policies, and to investigate the impact of each policy on members, consumers, and the environment with fairness concerns.
Design/methodology/approach
Considering government policies and fairness concerns in recycling management, this paper develops five recycling and remanufacturing decision models (anarchy policy model, reward-penalty mechanism model, recycling investment subsidies model, government tax model, and fund subsidy system model). In each model, the manufacturer and the online platform form the Stackelberg game. This research further discusses comprehensive environmental benefits and consumer surplus under five scenarios.
Findings
First, the fairness concerns of the online platform inhibit the recovery rate and supply chain members' profit while increasing the platform's utility. Second, fairness concerns increase the profit gap between the manufacturer and online platform, and the higher the degree of fairness concerns, the greater the profit gap; however, the four policies reduce the profit gap. Finally, when there are fairness concerns, environmental taxes damage the interests of supply chain members and consumers, but are most beneficial to the environment; recycling investment subsidies are on the contrary; the fund subsidy system depends on the relative size of the treatment fund and the subsidy fund.
Originality/value
This paper provides useful insights on how to regulate government policy to improve supply chain management with fairness concerns.
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Peter Konijn and Rob van Tulder
This paper aims to understand the role resources-for-infrastructure (R4I) swaps play in internationalisation strategies, thereby contributing to a modern theory of the…
Abstract
Purpose
This paper aims to understand the role resources-for-infrastructure (R4I) swaps play in internationalisation strategies, thereby contributing to a modern theory of the multinational enterprises (MNEs) based on experiences of rising power firms. Since 2004, the Chinese Government; state-owned policy banks; and oil, mining and construction corporations have used a relatively unique form of internationalisation through complex, large-scale R4I swaps in Africa.
Design/methodology/approach
This paper uses a resource bundling perspective and political economy lens to analyse complex entry decisions and success, as well as the failure of R4I swaps. The paper is based on a comparative analysis of published case studies of R4I swaps in seven African countries complemented by field research by the first author.
Findings
The findings show that, under very specific circumstances, R4I swaps can be considered as a successful internationalisation strategy. R4I swaps enable Chinese MNEs to build and maintain relationships with non-market elites that control access to natural resources and infrastructure contracts.
Research limitations/implications
The sample of cases, although representing all relevant R4I-swaps, is too small to come for more quantitative conclusions on success/failure factors.
Practical implications
R4I swaps are a very unlikely model for Western MNEs, as they lack the necessary country-specific competitive advantages and institutional mechanisms.
Originality/value
To the authors’ knowledge, this is the first comprehensive study of all relevant Chinese R4I swaps in Africa and contains original data from fieldwork in Ghana and D.R. Congo.
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Weihua Liu, Zhixuan Chen, Tsan-Ming Choi, Paul Tae-Woo Lee, Hing Kai Chan and Yongzheng Gao
This study aims to explore the impact of carbon neutral announcements on “stock market value” of publicly listed companies in China.
Abstract
Purpose
This study aims to explore the impact of carbon neutral announcements on “stock market value” of publicly listed companies in China.
Design/methodology/approach
The event study approach is adopted. Market, market-adjusted, Carhart four-factor model and a cross-sectional regression model are employed to examine the impacts of carbon neutral announcements on “stock market value” of Chinese companies based on data from 188 carbon neutral announcements.
Findings
Carbon neutral announcements positively impact Chinese shareholder value. Carbon neutral announcements at the strategic level have a more positive and significant impact on Chinese stock market value. Innovative carbon neutral announcements do not significantly cause Chinese stock market reactions. Companies have more positive and significant stock market reactions when the companies make carbon neutral announcements that reflect high supply chain network resilience and heterogeneity and strong supply chain network relationships.
Practical implications
The findings uncover the business value of carbon neutral activities and provide operations managers in developing countries insights into how to improve enterprises' market value by actively implementing carbon neutral activities.
Originality/value
This paper is the first trial to apply an event study to examine the relationship between carbon neutral announcements and Chinese stock market value from the perspective of announcement level and type and supply chain networks. This paper introduces corporate reputation theory and enriches the application of corporate reputation theory in the field of low-carbon environmental protections and supply chains.
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Honglei Li, Hongyu Wang, Ziyu Yang and Changwei Guo
In the field of digital entrepreneurship, achieving high growth in digital start-ups is crucial. This paper aims to explore how causal conditions at the individual, organizational…
Abstract
Purpose
In the field of digital entrepreneurship, achieving high growth in digital start-ups is crucial. This paper aims to explore how causal conditions at the individual, organizational and environmental levels interact in the growth process of digital start-ups. Furthermore, it uses a configurational approach to conduct a holistic analysis of the cross-level interaction mechanisms that enable digital start-ups to achieve high growth.
Design/methodology/approach
Based on a holistic perspective, the data collection included 57 representative cases of digital start-ups in China in the past decade (2014–2023). A fuzzy set qualitative comparative analysis was conducted to explore the cross-level interaction mechanism of the three-dimensional causal conditions of the environment, organization and individual entrepreneurs on high growth among digital start-ups.
Findings
This study found three models for digital start-ups to achieve high growth. These models − the resource network orchestration model, the innovation resource development model and the entrepreneurial spirit coherence model, respectively, reflect the multiple paths of high growth achieved by various digital start-ups based on their entrepreneurial environment, organizational capability and the personality of the founder. This reflects that digital start-ups face different conditions and entrepreneurial situations, with differing cross-level interaction mechanisms for achieving high growth.
Practical implications
First, digital start-ups should focus on strengthening their digital resource integration capabilities to lay the foundation for their subsequent high-growth path selection. Second, entrepreneurs need to adopt a holistic perspective to change or strengthen the causal conditions required to achieve high growth. Third, emphasis should be placed on the coherence between the entrepreneur’s need for achievement and the internal entrepreneurial culture.
Originality/value
First, this study contributes to the literature on high growth among digital start-ups by introducing a cross-level interaction mechanism comprising environmental, organizational and entrepreneurial causal conditions. Second, it reveals that individual factors at the environmental, organizational and entrepreneurial levels are not necessary conditions for high entrepreneurial growth and that digital resource integration capabilities play a more universal role in achieving high digital start-up growth. Finally, the study provides a cross-level holistic explanation of how digital start-ups can achieve high growth and reveals various configuration models conducive to high growth, thus offering practical insights for businesses.
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James C. Brau, John Gardner, Hugo A. DeCampos and Krista Gardner
Blockchain technology offers numerous venues for supply chain applications and research. However, the connections between specific blockchain features and future applications have…
Abstract
Purpose
Blockchain technology offers numerous venues for supply chain applications and research. However, the connections between specific blockchain features and future applications have been unclear to date in its evolution. The purpose of this study is to fill this void.
Design/methodology/approach
The authors advance the understanding of blockchain in supply chain management by providing a new research framework built on unique blockchain features as applied across core supply chain functions.
Findings
This study’s framework is a feature-function matrix that integrates four overarching supply chain functions (i.e. supplier management, logistics, production processes and customer management) with nine blockchain features (i.e. traceability/provenance, accessibility, visibility, immutability, distributed/shared ledger, validity, peer-to-peer transacting, pseudonymity and programmability). This study’s feature-function framework is supported by a structured, systematic review of reviews using PRISMA methods. The authors use the framework to present a future blockchain research agenda in supply chain management.
Originality/value
The authors provide a new blockchain feature/supply chain function framework and provide a structured path for future research.
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Currently, China’s manufacturing industry chain still faces the danger of chain breakage due to the persistent “lack of technology” issue. The definition and detection of key…
Abstract
Purpose
Currently, China’s manufacturing industry chain still faces the danger of chain breakage due to the persistent “lack of technology” issue. The definition and detection of key nodes in the industry chain are significant to the enhancement of the stability of the industry chain. Therefore, detecting the key nodes in the manufacturing industry chain is necessary.
Design/methodology/approach
A complex network based on the links amongst listed manufacturing enterprises is built, and the authors analyse the network’s basic characteristics and vulnerability, taking into account the impact of scientific and technological innovation on the stability of the industry chain.
Findings
It is found that the high structural characteristic of midstream nodes in the naval architecture and marine engineering equipment industry chain determines their importance to stability, and the key status of upstream nodes is reflected in the weakness of technological innovation. The upstream nodes should focus on improving their independent innovation and R&D capability, whilst the midstream nodes should maintain a close supply–demand cooperation relationship.
Originality/value
The key node detection model for industry chain stability is constructed by considering various factors from the perspective of network and technological innovation. Empirical study is conducted to verify effectiveness of proposed method.