Search results
1 – 10 of 16Long Yu, Qianqian Zhang, Jun Wu, Weina Liu and Lijuan Ding
The purpose of this paper is to investigate the impact of various decision-making approaches and government subsidies on supply chain performance, aiming to enhance the profits of…
Abstract
Purpose
The purpose of this paper is to investigate the impact of various decision-making approaches and government subsidies on supply chain performance, aiming to enhance the profits of disposal firms and retailers as well as to improve social welfare.
Design/methodology/approach
In this paper, a two-echelon biomass supply chain composed of a disposal firm and a retailer is developed. Firstly, considering the effects of government subsidies, we analyze biofuels prices, corporate social responsibility levels, social welfare and supply chain profitability under centralized and decentralized decision-making scenarios, respectively. Furthermore, we assess how subsidies influence pricing, market participation, profitability and social welfare. Secondly, we propose a revenue sharing–cost sharing contract to enhance the profits of the disposal firm and retailer. Thirdly, we extend the supply chain to a disposal firm and two retailers and explore the impact of competition intensity on corporate decision-making behavior. Finally, numerical analysis is conducted by taking one biomass energy firm as an example to support the results.
Findings
Our research finds that (1) Equilibrium strategies under the centralized decision-making scenario are greater than those under the decentralized decision-making scenario. Centralized decision-making can increase market demand and consumer surplus. (2) Government subsidies can promote corporate social responsibility levels, despite causing a slight increase in retail price for biofuels. When market competition intensifies, companies usually reduce their investment in CSR, and this trend is particularly pronounced in the absence of subsidies. (3) In both the decentralized and the centralized decision-making scenarios, increasing conversion rates and the CSR coefficient can significantly increase the overall profitability and social welfare.
Research limitations/implications
A three-echelon biomass supply chain involving collection station, disposal firm and retailer can be studied in the future.
Originality/value
By examining the effects of subsidies on CSR engagement and market outcomes, our study contributes valuable insights into policy design for promoting sustainable practices in biomass industries.
Details
Keywords
Weina Chen, Qinghua Zeng, Jianye Liu and Huizhe Wang
The purpose of this paper is to propose a seamless autonomous navigation method based on the motion constraint of the mobile robot, which is able to meet the practical need of…
Abstract
Purpose
The purpose of this paper is to propose a seamless autonomous navigation method based on the motion constraint of the mobile robot, which is able to meet the practical need of maintaining the navigation accuracy during global positioning system (GPS) outages.
Design/methodology/approach
The seamless method uses the motion constraint of the mobile robot to establish the filter model of the system, in which the virtual observation about the speed is used to overcome the shortage of the navigation accuracy during GPS outages. The corresponding motion constraint model of the mobile robot is established. The proposed seamless navigation scheme includes two parts: the micro inertial navigation system (MINS)/GPS-integrated filter model and the motion constraint filter model. When the satellite signals are good, the system works on the MINS/GPS-integrated mode. If some obstacles block the GPS signals, the motion constraint measurement equation will be effective so as to improve the navigation accuracy of the mobile robot.
Findings
Three different vehicle tests of the mobile robot show that the seamless navigation method can overcome the shortage of the navigation accuracy during GPS outages, so as to improve the navigation performance in practical applications.
Originality/value
A seamless navigation system based on the motion constraint of the mobile robot is proposed to overcome the shortage of the navigation accuracy during GPS outages, thus improving the adaptability of the robot navigation.
Details
Keywords
Xiaoyan Chen, Weina Zhu, Yajiao Chen and Qinghua He
The development and evolution of stakeholder collaborative innovation in megaprojects is impacted by various influencing factors. The effect of influencing factors on…
Abstract
Purpose
The development and evolution of stakeholder collaborative innovation in megaprojects is impacted by various influencing factors. The effect of influencing factors on collaborative innovation performance (CIP) in megaprojects is not a simplistic linear relationship but an iterative and non-linear relationship that requires a dynamic perspective to analyze. Therefore, this paper adopts the system dynamic (SD) approach to investigate the dynamic and interactive relationships between the CIP and the influencing factors.
Design/methodology/approach
The study first develops a research framework with the system boundary of “CIP system – organizational collaboration subsystem – knowledge collaboration subsystem – strategic collaboration subsystem”. Then, the causal relationship model, the stock-flow model, and the mathematical equations were determined based on the literature review and the expert interviews. Finally, five performance improvement scenarios were designed according to the practice context of CIP in megaprojects, and simulations were performed using the Vensim PLE software to investigate the CIP from a dynamic perspective.
Findings
The findings reveal that the effect of different influencing factors on CIP grows non-linearly, with the cumulative effect becoming more pronounced as time advances. The incentive mechanism has the most significant effect, and the combined effect of multiple influencing factors has a highly significant facilitating effect on improving CIP. Strategic collaboration, organizational collaboration and knowledge collaboration are mutually conditional and reinforcing with each other, which ultimately promotes the improvement of CIP.
Originality/value
This study uncovers the inherent pattern and the interactive dynamic mechanism of factors for improving CIP in the context of megaprojects. It enriches the theoretical research in the area of collaborative innovation in megaprojects and provides practical management strategies for improving CIP.
Details
Keywords
Yuying Wu, Min Zhang and Zhiqiang Wang
This study empirically investigates the impacts of technological innovation and operational efficiency on environmental performance and the moderating effects of environmental…
Abstract
Purpose
This study empirically investigates the impacts of technological innovation and operational efficiency on environmental performance and the moderating effects of environmental orientation.
Design/methodology/approach
We develop a conceptual framework based on the Porter Hypothesis. We collect a sample of 850 listed firms in China between 2010 and 2019. The fixed effect model was used to analyse the data.
Findings
The empirical findings reveal that technological innovation indirectly enhances environmental performance through operational efficiency and partially mediates this impact. We also find that environmental orientation strengthens the positive impacts of technological innovation and operational efficiency on environmental performance.
Originality/value
This study contributes to the literature by revealing that technological innovation is positively associated with operational efficiency and environmental performance, which suggests that technological innovation can simultaneously enhance business and environmental performance. Hence, this study provides empirical support for the Porter Hypothesis. The results also extend the Porter Hypothesis by revealing how technological innovation affects environmental performance and under what conditions technological innovation has a greater impact on environmental performance.
Details
Keywords
Zsuzsa R. Huszár, Ruth S. K. Tan and Weina Zhang
This study seeks to explore the presence and the relative strength of market efficiency in the onshore and offshore Renminbi (RMB) forward markets.
Abstract
Purpose
This study seeks to explore the presence and the relative strength of market efficiency in the onshore and offshore Renminbi (RMB) forward markets.
Methodology/approach
In the onshore and offshore foreign exchange markets, the RMB forward contracts are designed in similar ways. However, the underlying economic forces and regulatory frameworks are very different in these two markets. We first analyze the functioning of each market, by examining the covered interest rate parity (CIRP) conditions. Second, we explore the CIRP deviations in the two markets and quantify the role of market frictions and government interventions.
Findings
We find that the CIRP condition does not hold in either the onshore or the offshore RMB forward markets. We also find that the offshore market is more efficient than the onshore market in conveying private information about investors’ expectation.
Originality/value
Our results reveal that the onshore RMB forward market provides an imperfect platform for investors to manage their currency exposures. We suggest that by opening the offshore market to domestic participants and the onshore market to more foreigners, the forward rates may become more informative with a greater investor mix. These liberalization efforts are important steps in the right directions to improve market efficiency in the Chinese FOREX market.
Details
Keywords
The purpose of this paper is to examine how policy instability is priced in interest rates. Policy instability refers to the likelihood that the current policy will be changed in…
Abstract
Purpose
The purpose of this paper is to examine how policy instability is priced in interest rates. Policy instability refers to the likelihood that the current policy will be changed in the future in the absence of political power shifts.
Design/methodology/approach
Chinese government’s experimental policy-making approach provides an ideal set of frequent policy flip-flops which allows us to identify the effect of policy changes.
Findings
Conditional on the bureaucratic quality of policymaking, a good-quality policy reversal is related to reductions in interest rate term spread and volatility; a bad-quality policy reversal is related to increases in the spread and volatility. The bureaucratic quality is multi-dimensional and the moderating effect is stronger on interest rates when it is measured more precisely.
Originality/value
First, we can use the interest rate dynamics to infer the policy risk premium, which is a more objective market indicator of the bureaucratic quality of the policy change. Second, the study is among the first that documents the pricing of policy instability can be moderated by the bureaucratic quality. The results indicate that it is important for a government to be responsive and consistent in liberalizing the financial market. It will lead to reduced cost of capital and volatility for investors and firms in the economy. Third, given that the bureaucratic quality is multi-dimensional and produces stronger impact jointly, a country shall continue to improve on different aspects of the bureaucratic quality. Although the study is based on the empirical evidence from Chinese policy environment, the results can be broadly applied to any developing economies that intend to liberalize the market to spur economic growth.
Details
Keywords
Nikola Vasilić, Sonja Đuričin and Isidora Beraha
Due to excessive carbon dioxide emissions, the world is facing environmental devastation. Energy and environmental innovations are considered to be critical tools in combating the…
Abstract
Due to excessive carbon dioxide emissions, the world is facing environmental devastation. Energy and environmental innovations are considered to be critical tools in combating the growing CO2 emissions. Developing these innovations requires extremely high investments in research and development processes, where knowledge is generated as one of the important outputs. This knowledge serves as a basis for innovation development and raising awareness among all relevant stakeholders about excessive environmental degradation. One of the significant sources of knowledge is scientific publications. Therefore, the aim of this research is to examine whether increased CO2 emissions stimulate the scientific community to publish a greater number of papers, as well as whether the knowledge contained in these publications is utilized in reducing CO2 emissions. The sample consists of G7 member countries. The time frame of the research is 1996–2019. The dynamic properties of the vector autoregression (VAR) models were summarized using impulse response function and variance decomposition forecast error. In most G7 countries, it has been determined that an increase in scientific production in environmental science and energy leads to a reduction in CO2 emissions. On the other hand, increased CO2 emissions affect higher scientific productivity in environmental science and energy only in Canada.
Details
Keywords
Ngoc Minh Nguyen, Nguyen Hanh Luu, Anh Hoang and Mai Thi Ngoc Nguyen
This paper aims to investigate the impacts of green bond issuance on the environment while taking into account the moderating role of issuing countries’ institutional quality.
Abstract
Purpose
This paper aims to investigate the impacts of green bond issuance on the environment while taking into account the moderating role of issuing countries’ institutional quality.
Design/methodology/approach
The analysis is based on a longitudinal data set covering 171 countries and territories during 2007–2018. The authors rigorously account for endogeneity issues using two-stage least squares estimation and a set of instrumental variables for green bond issuance volume.
Findings
The overall results confirm the positive environmental impacts of green bonds in reducing carbon dioxide and greenhouse gas emissions, enhancing renewable energy consumption rate and accelerating the progress towards sustainable development goals (SDGs). However, these effects are contingent upon the levels of institutional development of the issuing countries in a way that green bond issuance only benefits the environment when the institutional quality has reached a minimum level.
Practical implications
The results provide important policy implications for countries in their efforts to prevent environmental degradation and achieve SDGs.
Originality/value
This paper contributes to the existing literature by providing a macro-level evaluation of the environmental impact of green bonds, hence, enabling policy implications to be drawn for countries to achieve their SDGs. The analysis is more comprehensive using a wide range of indicators for environmental performance. To the best of the authors’ knowledge, this paper is also one of the first attempts to examine the moderating effect of institutions on the environmental impact of green bonds.
Details
Keywords
Despite the acknowledgment of the significant role leaders play in knowledge management, there has been limited focus on the dynamic relationship between one particular leader’s…
Abstract
Purpose
Despite the acknowledgment of the significant role leaders play in knowledge management, there has been limited focus on the dynamic relationship between one particular leader’s behavior and knowledge sharing of employees. This study aims to investigate the impact of leader generosity on employee knowledge sharing.
Design/methodology/approach
Drawing upon the generalized reciprocity theory, we develop a process model that examines the impact of leader generosity on knowledge sharing, and empirically tests the resulting mechanism. Based on event-contingent ESM that collected 1147 episodic data points, the data are analyzed by Mplus 8.30 and R software.
Findings
The findings indicate that employee gratitude and prosocial motivation respectively play a mediating role in the relationship between leader generosity and knowledge sharing. Additionally, leader generosity has an indirect impact on knowledge sharing via employee gratitude and prosocial motivation. Furthermore, relational self positively moderates the relationship between leader generosity and employee gratitude, while also moderates the chain mediation effect between leader generosity and knowledge sharing.
Originality/value
By exploring the important influence of leaders in implementing knowledge management practices, the authors demonstrate that a specific leader behavior (i.e. leader generosity) shapes the positive emotion and reciprocal motivation of employees and its subsequent impact on knowledge sharing. This paper complements the focus on knowledge sharing in the daily behavior literature of leaders, suggesting that leader generosity matters for employee knowledge sharing.
Details
Keywords
Erstu Tarko Kassa, Jing Ning and Xu Mengmeng
Managing knowledge is relevant for the innovativeness of an organization. The innovation of the organization currently aligns with the environment and applies green innovation…
Abstract
Purpose
Managing knowledge is relevant for the innovativeness of an organization. The innovation of the organization currently aligns with the environment and applies green innovation concepts. Knowledge management (KM) is a key to fostering green innovation and to saving the environment from unnecessary pollution. In line with this, this study aims to evaluate the relationship between KM and green innovation in the literature from 2000 to 2023 synthesize and suggest future directions.
Design/methodology/approach
This study used the preferred reporting items for systematic review and meta-analysis technique to identify eligible articles. The papers were identified from the Web of Science core collection and ScienceDirect databases. The results were presented using tables, graphs and the co-occurrence of citations was analyzed using VOSviewer software.
Findings
From the review, the authors were assured that there is a strong relationship between KM practices and green innovation in different organizations. Some papers were supported by different theories. From the total of 48 papers, 16 have not mentioned the theories applied in their studies. The geographical distribution of the papers is asymmetrical. Asian and European scholars published more papers. The papers distribution across publishers also varies. For instance, Elsevier and Emerald Group Publishing Ltd. published 29 papers and the remaining papers were published in BMC, Springer, Frontiers Media Sa, IEEE-Inst Electrical Electronics Engineers Inc., MDPI, Routledge Journals and Taylor & Francis Ltd. Major themes were identified and future research directions were forwarded.
Research limitations/implications
The limitation of this review is the authors generated the papers from two databases (WoS and ScienceDirect). This paper does not consider other databases (Scopus, dimensions, etc.) papers. This can be considered as a limitation of this review.
Originality/value
The review is original by integrating PARISMA and bibliometric analysis method (VOS Viewer). The paper tried to explore the role of KM on green innovation.
Details