Fernando, Yudi and Tseng, Ming-Lang and Sroufe, Robert and Abideen, Ahmed Zainul and Muhammad Shabir, Shaharudin and Jose, Rajan (2021) Eco-innovation impacts on recycled product performance and competitiveness: Malaysian automotive industry. Journal of Sustainable Production and Consumption, 28 (1). pp. 1677-1686. ISSN 2352-5509. (Published)
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Abstract
This study aims to develop a theoretical circular economy model that examines the impact of eco-innovation practices on recycled product performance and competitiveness in Malaysian automotive industry. The supply of recycled materials has been recognized as one of the critical components to produce brand new automotive products. This empirical study was conducted among automotive firms and groups consisting first, second, and third-tier suppliers. The data were analysed using structural equation modeling. The results support the importance of innovation and cost efficiency from the perspective of resource-based view and the ability of a firm to manage resources while practicing circular economy initiatives, whilst instrumental to the success of recycled product performance and competitiveness. The degree of competitiveness that a firm experiences through new product development is targeted by integrating the theory of resource-based view, eco-innovation, and circular economy. The findings reveal that eco-innovation practices with circular economy principles assist business competitiveness in the automotive industry.
| Item Type: | Article |
|---|---|
| Additional Information: | Indexed by Scopus |
| Uncontrolled Keywords: | Eco-innovation; Circular economy; Recycled product performance; New product competitiveness; Resource-based view |
| Subjects: | H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management |
| Faculty/Division: | Faculty of Industrial Management Faculty of Industrial Sciences And Technology |
| Depositing User: | PM. Dr. Yudi Fernando |
| Date Deposited: | 07 Jun 2022 07:39 |
| Last Modified: | 07 Jun 2022 07:39 |
| URI: | http://umpir.ump.edu.my/id/eprint/32930 |
| Download Statistic: | View Download Statistics |
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