Making the circular economy digital or the digital economy circular? Empirical evidence from the European region

Nham, Nguyen Thi Hong; Ha, Le Thanh

doi:10.1016/j.techsoc.2022.102023

Cited by 54 publications

(20 citation statements)

References 56 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Literature-based empirical studies, especially Bu et al. (2019), Hong Nham and Ha (2022), Le et al. (2022), Shahbaz et al.…”

Section: Empirical Methodologymentioning

confidence: 99%

“…We have taken economic growth ( EG ), trade share ( TS ), industrialization level ( IND ) and democratization level ( DM ) as explanatory variables. According to Hong Nham and Ha (2022), we have also taken into account the proportion of net foreign direct investment ( FDI ). Additionally, Fu et al.…”

Section: Empirical Methodologymentioning

confidence: 99%

“…As a means to verify the accuracy of our findings, we conducted a replication procedure using two different models: feasible generalized least squares (FGLS) and a two-step system of generalized mixed models (GMM), which addressed the potential issue of heterogeneity and endogeneity in Equation (1) as argued by Gala et al. (2018), Ha (2022a, b, c), Hong Nham and Ha (2022) and Le et al. (2022).…”

Section: Empirical Methodologymentioning

confidence: 99%

See 2 more Smart Citations

Is economic complexity an enabler of environmental innovation? Novel insightful lessons from European region

2023

MEQ

Self Cite

View full text Add to dashboard Cite

PurposeThis paper empirically examines the influences of economic complexity performance on environmental innovation implementation.Design/methodology/approachThe research is based on four measures designed to assess the effectiveness of environmental innovations in 24 European countries, including the percentage of enterprises implementing environmental innovation investment (% of surveyed firms), the percentage of enterprises implementing environmental innovation activities (e.g. implementation of resource efficiency actions, sustainable products or ISO 14001 certificates) measured, a number of enterprises having new ISO 14001 registration and a number of environmental innovation related patents. After conducting various tests for longitudinal correlations and asymmetry of the studied series, we examine the relationship between product proximity, economic complexity and environmental innovation (EI) implementation using the panel-corrected standard error model (PCSE) model in the following section. The feasible generalized least squares (FGLS) model is employed to further verify our findings by taking into account heteroscedasticity. An application of the two-step generalized mixed model (GMM) is considered to resolve an endogeneity issue. In addition, the dynamic fixed-effects estimate (DFE) estimator is applied to the autoregressive distributed lag (ARDL) method in order to calculate both the short-run and long-run effects. As indicated by Ha (2022a, b) and Ha and Thanh (2022), the DFE-ARDL method can be used to identify both time-fixed effects and country-fixed effects.FindingsThe authors provide empirical evidence to propose the mechanism through which economic complexity encourages the implementation of environmental innovation through favorable impacts of economic complexity on environmental innovation investments of firms and governments and the public's awareness regarding the importance of environmental innovations.Practical implicationsThis research provides important implications for policymakers in promoting environmental innovations.Originality/valueThe study is the first to empirically examine economic complexity performance's influences on environmental innovation implementation. It is also the first to investigate the importance of institutional quality in enhancing the influence of economic complexity on environmental performance.

show abstract

“…Literature-based empirical studies, especially Bu et al. (2019), Hong Nham and Ha (2022), Le et al. (2022), Shahbaz et al.…”

Section: Empirical Methodologymentioning

confidence: 99%

Section: Empirical Methodologymentioning

confidence: 99%

Section: Empirical Methodologymentioning

confidence: 99%

See 1 more Smart Citation

Is economic complexity an enabler of environmental innovation? Novel insightful lessons from European region

2023

MEQ

Self Cite

View full text Add to dashboard Cite

show abstract

“…Several barriers were identified in the study. As a business model for this study, a product-service system was developed Hong Nham and Ha ( 2022 ) The authors have presented a non-linear relationship between circularity and digitalization, suggesting some positive impact to reach a certain level Kristoffersen et al ( 2020 ) This is a review-based work on CE goals in sustainable production and consumption at the United Nations Belhadi et al ( 2022 ) There is a self-assessment model to evaluate the integration level of CE and Industry 4.0 inside the organization. It also provides a relevant framework for industry practitioners van Schalkwyk et al ( 2018 ) This article discussed the different types of technologies, from heat to mass transfer, environmental impact, and system simulation, that will lead to knowledge through data Kumar et al ( 2021 ) The research identifies the major obstacles to the successful implementation of CE and Industry 4.0.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Various business ventures around the globe are keen to adopt circular economy principles, especially firms in the European Union (EU) (Hong Nham and Ha 2022 ). In one of the reports of the European Commission, it is estimated that with the adoption of circular economy (CE) practices in manufacturing, economic gains of $ 600 billion could be achieved per year in the EU (Korhonen et al 2018 ).…”

Section: Introductionmentioning

confidence: 99%

Are emerging technologies unlocking the potential of sustainable practices in the context of a net-zero economy? An analysis of driving forces

Agrawal

Priyadarshinee

Luthra³

et al. 2023

Environ Sci Pollut Res

View full text Add to dashboard Cite

Increasing globalization and climate change have significantly affected business activities. Government and other stakeholders are creating pressure to have a sustainable business model for efficient resource utilization and minimizing negative environmental impact. Many organizations have started focusing on sustainable and cleaner production through the adoption of net-zero economy (NZE) practices. Certain technological advancements are required to put these concepts into practice. Firms have begun to adopt digital technologies (such as big data analytics, artificial intelligence, and internet of things), and have been widely used in practice to achieve NZE. Is digitalization unlocking the potential of sustainable practices in the context of a net-zero economy? This question is still unanswered; therefore, this study aims to identify and analyze the drivers of digitalization that ensure sustainable practices to achieve net-zero economy. Through an extensive literature review and experts’ opinions, a list of drivers was identified. An empirical investigation was conducted to validate the identified drivers and further understand the influencing relationship among the drivers, Pythagorean fuzzy decision-making trial and evaluation laboratory (PF-DEMATEL) was employed. The findings of the study show that “ high degree of automation ,” “ enhancing the flexibility in the manufacturing process ,” and “ real-time sensing capability ” are the main influencer drivers among all cause group forces. The present study can be a source for industrial practitioners and academia that can provide significant guidance on how the adoption of digitalization can unlock the potential to achieve CE, which can lead us toward net-zero.

show abstract

Digital transformation and environmental information disclosure in China: The moderating role of top management team's ability

Chen,

Zhang,

Matthews

et al. 2024

Bus Strat Env

View full text Add to dashboard Cite

Companies rely on advanced digital technologies to empower their operations and sustainable development. Environmental information disclosure (EID) by companies is critical in achieving net zero goals and sustainability. This study empirically investigates the impact of digital transformation (DT) on EID and how the ability of the top management team affects the relationship. We build a model based on the information processing theory and test it using panel data collected from 929 listed companies in China. The findings show an inverted U‐shaped relationship between DT and environmental information disclosure, and the top management team's ability weakens the relationship. The study provides empirical evidence that DT is a double‐edged sword for environmental information disclosure. Also, the results suggest that the top management team may substitute or complement digital technologies in EID during the different stages of DT.

show abstract

Making the circular economy digital or the digital economy circular? Empirical evidence from the European region

Cited by 54 publications

References 56 publications

Is economic complexity an enabler of environmental innovation? Novel insightful lessons from European region

Is economic complexity an enabler of environmental innovation? Novel insightful lessons from European region

Are emerging technologies unlocking the potential of sustainable practices in the context of a net-zero economy? An analysis of driving forces

Digital transformation and environmental information disclosure in China: The moderating role of top management team's ability

Contact Info

Product

Resources

About