Enhancing green product and process innovation: Towards an integrative framework of knowledge acquisition and environmental investment

et al. 2021

Environ Sci Pollut Res

The severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) spread to more than 200 countries with a current case fatality ratio (CFR) of more than 2% globally. The concentration of air pollutants is considered a critical factor responsible for transmitting coronavirus disease among the masses. The photochemical process and coal combustions create respiratory disorders that lead to coronavirus disease. Based on the crucial fact, the study evaluated the impact of nitrous oxide (N 2 O) emissions, coal combustion, and traffic emissions on COVID-19 cases in a panel of 39 most affected countries of the world. These three air pollution factors are considered to form a lethal smog that negatively affects the patient’s respiratory system, leading to increased susceptibility to coronavirus worldwide. The study used the Markov two-step switching regime regression model for obtaining parameter estimates. In contrast, an innovation accounting matrix is used to assess smog factors’ intensity on possibly increasing coronavirus cases over time. The results show that N 2 O emissions, coal combustion, and traffic emissions increase COVID-19 cases in regime-1. On the other hand, N2O emissions significantly increase coronavirus cases in regime-2. The innovation accounting matrix shows that N2O emissions would likely have a more significant share of increasing coronavirus cases with a variance of 33.902%, followed by coal combustion (i.e., 6.643%) and traffic emissions (i.e., 2.008%) over the time horizon. The study concludes that air quality levels should be maintained through stringent environmental policies, such as carbon pricing, sustainable urban planning, green technology advancement, renewable fuels, and pollution less accessible vehicles. All these measures would likely decrease coronavirus cases worldwide.

Section: Resultsmentioning

confidence: 99%

The impact of coal combustion, nitrous oxide emissions, and traffic emissions on COVID-19 cases: a Markov-switching approach

Anser

Godil

et al. 2021

Environ Sci Pollut Res

“…Consistent with the research questions, we employed a quantitative research method with an online survey as the primary data collection tool. The data were collected from senior managers of firms within the Australian FPI-one of the largest manufacturers and suppliers of premium quality foods across the globe [50], [67]-which transforms fresh agricultural products into a number of processed foods (cheese, bread, cakes, meat, biscuits, savory snacks, etc.) and beverages (wine, energy drinks, soft drinks, hot drinks, etc.).…”

Section: Methodsmentioning

confidence: 99%

“…As our study was conducted in a particular country (Australia) and on a specific industry's SC, it may be affected by geographical and sampling limitations. Our framework could, thus, also be expanded to some adjacent areas of research, such as green product innovation [67], [68] and sustainability [69].…”

Section: A Limitations and Avenues For Further Researchmentioning

confidence: 99%

The Role of Industry 4.0 Technologies in Mitigating Supply Chain Disruption: Empirical Evidence From the Australian Food Processing Industry

Ali

Arslan

IEEE Trans. Eng. Manage.

et al. 2024

Supply chain disruption refers to a breakdown, often caused by an unforeseen incident or risk, in a supply chain's production or distribution process. Contemporary supply chains are globalized, complex, and extended, exhibiting an increased vulnerability to a multitude of risks and disruptions. However, the current trend of real-time data exchange through smart technologies, also known as industry 4.0, provides significant opportunities to reshape the conventional business operations and effectively cope with unanticipated supply chain breakdowns. Yet, limited attention has been paid to the role played by industry 4.0 technologies in mitigating supply chain risks and any resulting disruptions. By bringing together these inter-related yet often separate concepts, we devise a novel model that addresses this knowledge gap. In this article, we empirically test our model on a sample of 302 responses received from senior managers of the Australian food processing industry. We found that supply-demand mismatch, process risks, and transportation risks are currently the major sources of supply chain disruptions. Specifically, supply-demand mismatch appears to be the most severe and attention seeking risk, followed by process and transportation risks. We also reveal that industry 4.0 technologies significantly mitigate supply-demand mismatch and process risks and any resulting supply chain disruptions. Contrary to our expectations, however, the impact of industry 4.0 technologies on transportation risks is found to be positive but nonsignificant. This is the first empirical article to assess the extent to which the three critical supply chain risks may undermine firm performance and to explore the moderating effect of industry 4.0 technologies. We draw managers' attention to the detrimental impact of supply chain disruptions and the significance of industry 4.0 technologies in dealing with adversities.

“…The importance of circular economy also proliferated in the twenty-first century that remains focused on efficient economic and environmental resources to conserve natural ecosystem (Alhawari et al 2021 ). The resulting impact of the fusion of digitalization started a new era of green product innovation, enabling policymakers to devise long-term sustainable environmental policies (Awan et al 2021b , c ). Industrial ecology is the sustainable path to move forward towards a green revolution (Ahmed 2016 ; Awan 2020a ).…”

Section: Introductionmentioning

confidence: 99%

Financial development, oil resources, and environmental degradation in pandemic recession: to go down in flames

Anser

Zaman

et al. 2021

Environ Sci Pollut Res

The novel coronavirus disease-2019 (COVID-19) is a deadly disease that increases global healthcare sufferings. Further, it affects the financial and natural resource market simultaneously, as both are considered complementary goods. The volatility in the oil prices deteriorates the global financial market to substantiate the “financial resource (oil) curse” hypothesis primarily filled with earlier studies. In contrast, this study moved forward and extended the given relationship during the COVID-19 pandemic in a panel of 81 different countries. The study’s main objective is to examine the volatility in the domestic credit provided to the private sector due to oil shocks and the COVID-19 pandemic across countries. The study is essential to assess the healthcare vulnerability in the COVID-19 pandemic, leading to the damage of financial stability, causing deterioration in the oil rents to affect the global sustainability agenda. The study employed statistical techniques to get sound inferences of the parameter estimates, including robust least squares regression, seemingly unrelated regression, and innovation accounting matrix to get a variable estimate at the level and inter-temporal framework. The results confirmed the U-shaped relationship between oil rents and financial development during the COVID-19 pandemic. Thus, it verifies the “financial resource (oil) curse” hypothesis at the initial stage of the COVID-19 pandemic. Later down, it supports the capital market when economies are resuming their economic activities and maintaining the SOPs to restrain coronavirus at a global scale. The qualitative assessment confirmed the negative effect of financial development and oil shocks on environmental quality during the pandemic crisis. The innovation accounting matrix shows that the COVID-19 pandemic will primarily be the main factor that intervenes in the relationship between oil rents and financial development, which proceed towards the “resource curse” hypothesis during the following years’ time period. Therefore, the need for long-term economic policies is highly desirable to support the financial and resource market under the suggested guidelines of restraining coronavirus worldwide.