The Importance of Regional Export Development and a Specialised Local Supply Chain on the Development of Australia's Regions

Murphy, Tom; Hicks, John; Morrison, Michael A.; Basu, Parikshit; Ranshaw, Danielle

doi:10.1111/1759-3441.12238

Cited by 3 publications

(2 citation statements)

References 42 publications

(96 reference statements)

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“…Public policy in export competitiveness efficiency provides transparency of government values and functions (Gnangnon, 2019); as export growth in every country is economic development, progress earnings and favorable foreign exchange interact with other countries in the world (Murphy et al , 2019). On the other hand, export companies need to use strategic ideas to guide, measure and maintain their unique performance to compete better and sustain and support their customers and partners (Caputo et al , 2020; Papadopoulos and Martín, 2010; Shafei et al , 2018).…”

Section: Introductionmentioning

confidence: 99%

A new model for assessing the role of IT-based systems, public policies and business intelligence on the export competitiveness’s efficiency

Lakzi¹

2021

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Purpose By using some tools such as business intelligence (BI) and exploring data stored in data warehousing systems, it is possible to increase export competition efficiency. Efficiency in the export competition is affected by several factors. Therefore, this paper has attempted to provide a new conceptual framework for assessing the impact of new information technology (IT)-based systems, public policies and BI on the efficiency of export competitiveness. Design/methodology/approach Increasing exports and its high efficiency depend on each country’s IT. So, IT is the main tool to increase the production process, improve quality and reduce products’ cost. In addition, each country develops policies for business activities and commerce to increase productivity in export competition. Clarifying public policies and strategies critical to the development of export competition is important in this field. Therefore, this paper has tried to provide a new conceptual framework for examining the impact of new IT-based systems, public policies and BI on the effectiveness of export competition. The research method of this study is based on structural equation modeling. This method has been used to evaluate the causal model, assess the reliability and check the measurement model’s validity. Model and data were analyzed using SPSS 22 and SmartPLS software. Findings The results showed that the impact of new IT-based systems, public policies and BI on export competitiveness efficiency has been positive. Research limitations/implications To generalize this study’s results and have a more accurate external validity, it is necessary to conduct this research program over a more extended time and space. Also, larger and more comprehensive samples should be taken for further validation. The authors also suggest that other factors can be considered. Practical implications The framework is conceptually innovative in modeling the efficiency of export competitiveness and assessing implications. Export competitiveness is a crucial factor in long-term global farm business survival, as it fosters opportunities for business prosperity on global markets. Originality/value The research offers important hints for emerging markets to find their ways to maintain a sustainable competitive advantage in the export market by controlling the country-level factors. This research will be helpful to both policymakers and global managers.

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Section: Introductionmentioning

confidence: 99%

A new model for assessing the role of IT-based systems, public policies and business intelligence on the export competitiveness’s efficiency

Lakzi¹

2021

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“…The fourth paper by Murphy, Hicks, Morrison, Basu and Ranshaw () extends the notion of interlinkages of industries within a region. They apply regression analysis across 46 non‐urban regions to quantify the forward and backward linkages looking at specialisation in firms that export.…”

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confidence: 99%

Regional Economic Development in Australia: Introduction to the Special Issue

Stoeckel

Ong

2019

J of App Econs and Policy

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Embedding a Circular Economy through Local Government in Gippsland: A Case Study, Utilising Smart Specialisation Methodology

Armillei,

Wilson,

Reeves

2024

Circ.Econ.Sust.

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In 2017, the ageing Hazelwood coal-fired power station in Gippsland (Australia), finally—and abruptly, closed. The Latrobe Valley Authority (LVA), funded by the Victorian State Government was then established to assist redundant workers and develop a long-term approach to transitioning towards a more sustainable regional economy and socially cohesive community. To enable this, the LVA adopted and implemented a methodology made popular in the European Union of the ‘Smart Specialisation Strategy’ (S3), bringing together practitioners from government, business, research and education, and the wider local community (known as the ‘quadruple helix’) to co-design a shared vision for the region’s future prosperity. With Australia declaring its commitment to and the Victorian government developing policy support for a Circular Economy (CE), the LVA funded a research project in 2022 to facilitate a ‘place-based’ approach to implementing a CE business model across Gippsland. Based on interviews and workshops conducted in the period 2022–23 with key regional stakeholders, as well as on the analysis of secondary sources, this paper provides an overview of the experience utilising the S3 methodology to explore the implementation of CE in a regional setting, historically dominated by natural resource-based industries, that is now undergoing multiple economic transitions, including cessation of coal-fired power generation, oil and gas extraction and native timber harvesting. Significant barriers identified include: poor understanding of broader opportunities embedded in systemic notions of S3 and CE, siloed structure of local government authorities (both within or between councils), difficulty in promoting alignment and cooperation at all levels between a diverse range of stakeholders, lack of policy coordination and support for business innovation, together with the absence of financial incentives or regulatory mechanisms to change behaviour from a linear to CE. Despite improved intentions in policy settings around intentionality of CE practices and other initiatives being progressed simultaneously with this work, CE in Gippsland (and Victoria more broadly) and its implementation continue to be narrowly focussed on recycling and waste management, where there are clear pressures in stock-piling of waste and limitations on landfill expansion. Regional approaches to implementation of circular economy are limited in Australia, with the exception of exemplars such as Geelong, Barwon South West, and Bega. However, there are currently no examples of utilising S3 methodology to implement CE in a regional setting. Here we identify current barriers and provide recommendations on how to overcome these with the engagement of a diverse range of stakeholders across Gippsland from agribusiness, regional planning, local governments, small and medium enterprises, utilising S3 methodology, to enable systemic changes towards CE models to be implemented region-wide. This study documents the journey so far for Gippsland, where the transition from traditional extractive industry provides the opportunity to embed more sustainable practices moving forward.

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The Importance of Regional Export Development and a Specialised Local Supply Chain on the Development of Australia's Regions

Cited by 3 publications

References 42 publications

A new model for assessing the role of IT-based systems, public policies and business intelligence on the export competitiveness’s efficiency

A new model for assessing the role of IT-based systems, public policies and business intelligence on the export competitiveness’s efficiency

Regional Economic Development in Australia: Introduction to the Special Issue

Embedding a Circular Economy through Local Government in Gippsland: A Case Study, Utilising Smart Specialisation Methodology

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