Value Co-Creation Behavior in Green Supply Chains: An Empirical Study

Abstract

As an important supply chain development strategy, green investment and sustainability are concerns of the government and enterprises. However, due to the high cost and low profit of green investment, a large number of small and medium-sized firms can be deterred from their implementation. Value co-creation has become a key measure to solve this problem. This article explores the relationship between the green supply chain (GSC) strategy, value co-creation, and corporate performance in the manufacturing environment, and considers the regulatory effects of internal environmental factors and external environmental pressures on this relationship. Based on data from 115 manufacturers in China, we tested the hypotheses, explained the statistical results, and identified key concerns for implementing GSC through value co-creation. The findings reveal that the GSC strategy can promote a high level of firms’ value co-creation with their supply chain partners, and different value co-creation modes have different effects on firm performance (i.e., operational performance, innovation performance, and financial performance). In addition, the findings indicate that macro-level external pressure and micro-level internal support could enhance such effects. This study enriches the literature with value co-creation modes and GSC management by integrating GSC strategies and value co-creation strategies, providing confidence to the firms and their supply chain partners in value co-creation, thus helping them to better implement a GSC strategy.

Green Energy Technology

“…The high cost and low profit of green investment are concerns for the government and enterprises deterred from their implementation of green investment. Shi et al [8] suggested that value co-creation has become a key measure to solve this problem. The green supply chain strategy can promote a high level of firms' value co-creation with their supply chain partners, and different value co-creation modes have different effects on firm performance.…”

“…This Special Issue of Energies on the subject of "Green Energy Technology" contains the successful invited submissions [1][2][3][4][5][6][7][8][9][10][11][12][13][14][15][16][17]. A total of 17 technical papers that cover diversified green energy technology-related research have shown critical results and contributed significant findings in biofuel production [1], energy-saving in buildings [2], wind energy [3], energy policy [4], electricity supply [5], a thermal-hydraulic system [6], fluidized bed reactor [7], green-supply chains [8], SI engine [9], renewable energy grid [10], kinetic energy harvest [11], green hydrogen utilization [12], water conservation [13], hydraulic power [14], Illumination Performance in buildings [15], community renewable energy [16], and heat transfer [17].…”

Value Co-Creation Among Enterprises in Green Supply Chain Based on Free Riding Behavior

“…We can find that the first-order and second-order principals of the Hessian matrix are Then make the first-order partial derivative of the manufacturer's profit function with respect to 0, and combine the above formula to get the optimal decision: Lemma 2: According to formula (6), (7), (10) and (11), we know that the value of θ satisfied at…”

“…There are few literatures on value co-creation among enterprises, and they mainly focus on the value co-creation of manufacturers and suppliers. The core of value cocreation among enterprises is interdependence and mutual trust, forming a more complex customized relationship, then cooperation may bring higher value than independent companies [10,11].…”

The Drivers of Green Investment: A Bibliometric and Systematic Review

“…Pimonenko et al (2020) [29,30]; Palma-Ruiz, Castillo-Apraiz, and Gomez-Martinez, (2020)[88];Cheng et al (2018) [75]; Aboulamer, (2018)[81]; Jazairy (2020)[66];Shi et al (2020) [93]; Xing, Xia, and Guo (2019)[7]; Yen (2018)[22];Zhang et al (2015) [6] Climate change Green investments are invariably combined with climate change mitigation or adaptation. Environmentally-friendly technologies significantly reduce pollution ( CO2 emissions and fuel consumption), the abatement cost being under environmental regulations.…”