期刊
BUSINESS STRATEGY AND THE ENVIRONMENT
卷 30, 期 8, 页码 4001-4014出版社
WILEY
DOI: 10.1002/bse.2853
关键词
blockchain technology; circular economy practices; Industry 4; 0; organizational performance; structural equation modeling
资金
- Beijing Key Laboratory of Urban Spatial Information Engineering [20210218]
- National Natural Science Foundation of China [202202457]
This study explores the role of blockchain technology in circular economy practices, and finds that blockchain significantly enhances circular economy practices, leading to improved environmental performance and financial performance for firms. Additionally, higher eco-environmental performance significantly boosts organizational performance.
Amid rising environmental concerns, Industry 4.0 and blockchain technology (BCT) are transforming circular economy (CE) practices and prevailing business models. Recognize the same; this study examines the role of blockchain technology in circular CE practices and their impact on eco-environmental performance, which influences organizational performance. The study collects data from 404 enterprises located in Chinese and Pakistani territories, involved in cross-border supply chain operations. Both countries' sample has great relevance due to the China Pakistan Economic Corridor (CPEC), which possesses several positive fallouts in terms of technology spillovers across firms. Using the partial least squares structural equation modeling (PLS-SEM) modeling framework, this study provides three key findings. First, BCT significantly improves the circular economy practices (circular procurement, circular design, recycling, and remanufacturing). Second, CE practices help improve firms' environmental performance and stimulate their financial performance. Third, higher eco-environmental performance significantly boosts organizational performance. This study sets out the foundations for participating countries/firms that simultaneously achieve financial and sustainable goals by integrating blockchain technology in circular economy practices.
作者
我是这篇论文的作者
点击您的名字以认领此论文并将其添加到您的个人资料中。
推荐
暂无数据