The increasing world population has placed tremendous pressure on global production systems, which has created a disjoint between the production and sustainability related goals of this sector. Several studies have confirmed this notion via Environmental Kuznets Curve, but this study envisages proposing a possible solution. It is hypothesized that competitive supply chain ecosystems (cluster development & production process sophistication) could help in reducing growth based CO2 emissions globally. An assessment of 135 countries between 2008 and 2018 is conducted. The estimates showed that the supply chain competitiveness has the potential in greenification of our production systems. Here indicators like value chain breadth and cluster development can reduce the CO2 emissions at each production level. Further regions from the geographic map, like North America and Asia Pacific, can adopt a green supply chain from other regions.
The pursuit of happiness is the major goal of humanity. Multidisciplinary research efforts had tried to find its determinants. This study investigates the role of different dimensions of institutional quality of happiness for 33 Asian countries. Quality of institutes helps people feel a sense of control and achievement, which may lead to perceived wellbeing. This study has used a panel FGLS model. The results confirmed that good governance, money, openness, and employment have a significant effect on happiness. It is urged that improvement in indicators like regulatory quality and rule of law to promote employment and trade openness which may help in national happiness.
Globalization boosts the process of market predictions in the pursuit of economic growth. When economic, political, and social forces gain traction by promoting policies and the climate favoring globalization, entrepreneurial results reach out. Policymakers are still searching for a context within which regional policies can be structured to foster long-term entrepreneurship opportunities. The literature on entrepreneurial phenomena is incomplete and uncertain as to how globalization forces establish a nonlinear mechanism to promote the entrepreneurial process. This study provides the basic context for identifying globalization forces to create a nonlinear effect on the entrepreneurial process in order to address this problem. The results propose that policymakers strengthen the social and political dimension of globalization to increase opportunities-based entrepreneurship.
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