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on Technology and Industrial Dynamics |
| By: | Hong, Jifeng; Kazakis, Pantelis; Strieborny, Martin |
| Abstract: | As economic integration advances, the interdependence between upstream and downstream firms within the supply chain intensifies. Using data from Chinese listed firms (2010–2023), we examine the impact of suppliers’ environmental misconduct on downstream firms’ green innovation continuity. We show that suppliers’ environmental misconduct significantly undermines downstream firms’ green innovation continuity. In addition, suppliers’ environmental misconduct lowers downstream executives’ green cognition and increases financial constraints, reducing green innovation continuity. Further, greater bargaining power in downstream firms mitigates the negative impact of suppliers’ environmental misconduct, while closer geographic proximity amplifies its harm to green innovation continuity. Moreover, we find that China’s 2015 environmental protection law curbed suppliers’ environmental misconduct, boosting green innovation continuity in downstream firms. Finally, talent introduction policies enhance green innovation continuity, though this effect is weakened by suppliers’ environmental misconduct. Our findings add to the green supply chain literature, provide a perspective of green innovation continuity for corporate governance, and expand research on the impact of exogenous policies and environmental regulations on firms. |
| Keywords: | supply chain relationships; supply chain information transmission; environmental misconduct; green innovation continuity; green policy; financial constraints |
| JEL: | G30 L14 L22 Q51 Q55 |
| Date: | 2024–11–17 |
| URL: | https://d.repec.org/n?u=RePEc:pra:mprapa:122743 |
| By: | Kapoor, Amita; Singh, Narotam; Chaudhary, Vaibhav; Singh, Nimisha; Soni, Neha |
| Abstract: | This paper explores the transformative impact of Generative AI (GenAI) on the business landscape, examining its role in reshaping traditional business models, intensifying market competition, and fostering innovation. By applying the principles of Neo-Schumpeterian economics, the research analyses how GenAI is driving a new wave of "creative destruction, " leading to the emergence of novel business paradigms and value propositions. This research incorporates a novel AI-augmented SPAR-4-SLR framework as a key component, offering a systematic and innovative approach to analysing the rapidly evolving GenAI domain. By leveraging co-occurrence network analysis and LLM-based evaluation, this methodology identifies interdisciplinary trends and highlights diverse applications of GenAI. Beyond this, the study extends its scope to explore insights from internet-scraped data, Twitter analytics, and company reports, providing a comprehensive understanding of how GenAI is transforming businesses. This multi-faceted approach underscores GenAI's profound impact across industries such as technology, healthcare, and education, revealing its role in enhancing operational efficiency, driving product and service innovation, and creating new revenue streams. However, the deployment of GenAI also presents significant challenges, including ethical concerns, regulatory demands, and the risk of job displacement. By addressing the multifarious nature of GenAI, this paper provides valuable insights for business leaders, policymakers, and researchers, guiding them towards a balanced and responsible integration of this transformative technology. Ultimately, GenAI is not merely a technological advancement but a driver of profound change, heralding a future where creativity, efficiency, and growth are redefined. |
| Date: | 2024–11–20 |
| URL: | https://d.repec.org/n?u=RePEc:osf:osfxxx:khptm |
| By: | ROGGE Karoline; KIVIMAA Paula |
| Abstract: | With this concept paper we aim to stimulate discussions on how the new policy objective of open strategic autonomy (OSA) should be fitted together with the existing objective of achieving just sustainability transitions (ST) – and what the practical means are to pursue these dual policy objectives more effectively together. Both OSA and ST are vital for the future of Europe and require profound and rapid structural changes. Hence, recognising synergies and trade-offs between the two and seeking ways to align them is important. We do so by drawing both from academic literature and recent EU policy developments to examine these objectives and their interconnections. We start by introducing the conceptualisation and challenges around OSA and related terms, followed by explaining policy mix thinking in transition studies and recent attention to policy intervention points and transformative outcomes. We then deliberate how OSA should be addressed in the context of public policy influencing ST by integrating it as an additional policy objective into the transition policy mix – a mix that requires coordination across multiple policy fields. We discuss how security policy, green industrial policy and trade policy generate connections between ST and OSA. |
| Date: | 2024–11 |
| URL: | https://d.repec.org/n?u=RePEc:ipt:iptwpa:jrc139504 |
| By: | RUSSO Margherita; SIMONAZZI Annamaria; CETRULO Armanda |
| Abstract: | This study investigates the impact of technological upgrades and automation, on employment and working conditions in the automotive, sector in Romania, Spain and Germany. Utilising qualitative research methods, the study examines work organisation, job quality, and occupational composition from a gender perspective. The findings of the study exploring the impact of technology, identified main drivers for automation implementation as increased productivity, quality, and reduced manual labour availability. Automation and robotisation have also increased flexibility to cope with the variable composition of final products and the traceability of production processes. Barriers include high costs, technical difficulties, and the need for worker training. It observed that automation can simplify tasks, create new jobs, and increase responsibilities in middle management and team/shift leaders, while potentially reducing worker autonomy and increasing work pace. Positive job quality implications include ergonomics and improved operators' safety. Automation has reduced the number of line operators, while increased maintenance workers, quality control, logistics and indirect labour. The study observed vertical and horizontal gender segregation in hybrid production processes, with advancements towards horizontal gender equality in technologically advanced establishments. Addressing cultural attitudes and technical challenges is crucial for equitable benefits, as both industries currently undergo a transitional phase. |
| Date: | 2024–10 |
| URL: | https://d.repec.org/n?u=RePEc:ipt:iptwpa:jrc136545 |
| By: | Hanbat Jeong |
| Abstract: | This paper introduces a novel spatial interaction model to explore the decision-making processes of two types of agents-a leader and followers-with central and local governments serving as empirical representations. The model accounts for three key features: (i) resource allocations from the leader to the followers and the resulting strategic interactions, (ii) followers' choices across multiple activities, and (iii) interactions among these activities. We develop a network game to examine the micro-foundations of these processes. In this game, followers engage in multiple activities, while the leader allocates resources by monitoring the externalities arising from followers' interactions. The game's unique NE is the foundation for our econometric framework, providing equilibrium measures to understand the short-term impacts of changes in followers' characteristics and their long-term consequences. To estimate the agent payoff parameters, we employ the QML estimation method and examine the asymptotic properties of the QML estimator to ensure robust statistical inferences. Empirically, we investigate interactions among U.S. states in public welfare expenditures (PWE) and housing and community development expenditures (HCDE), focusing on how federal grants influence these expenditures and the interactions among state governments. Our findings reveal positive spillovers in states' PWEs, complementarity between the two expenditures within states, and negative cross-variable spillovers between them. Additionally, we observe positive effects of federal grants on both expenditures. Counterfactual simulations indicate that federal interventions lead to a 6.46% increase in social welfare by increasing the states' efforts on PWE and HCDE. However, due to the limited flexibility in federal grants, their magnitudes are smaller than the proportion of federal grants within the states' total revenues. |
| Date: | 2024–11 |
| URL: | https://d.repec.org/n?u=RePEc:arx:papers:2411.13810 |