scholarly journals A Theoretical Foundation for Developing a Prescriptive Method for the Co-Design of Circular Economy Value Chains

2019 ◽  
Vol 1 (1) ◽  
pp. 3141-3150 ◽  
Author(s):  
Fenna Blomsma ◽  
Daniela C. Pigosso ◽  
Tim C. McAloone
Keyword(s):  
Circular Economy ◽  
Stakeholder Management ◽  
Design Method ◽  
Actor Network Theory ◽  
Value Chains ◽  
Tool Development ◽  
Resource Base ◽  
Resource Base View ◽  
Theoretical Foundations ◽  
Base View

AbstractIn order to operate in line with the circular economy (CE) concept, companies and other stakeholders need to work together to enable the circulation and cascading of resources. Although the need for proactive stakeholder management is a common theme in recent work on CE, little work has been dedicated to creating prescriptive methods for the co-design of CE value chains (CEVCs) focusing on selecting strategic partners, when to engage them and in what capacity. Following calls to connect the emerging CE literature with literature from existing bodies of knowledge, this paper explores the theoretical foundations of a CEVCs co-design method. Specifically, this paper explores resource-base view (RBV); resource dependency theory (RDT); and actor-network theory (ANT), and synthesises an outline for the co-design process of CEVCs. Reflections on the process link it to the extant co-design literature and explain how the process can be used for method and tool development.

scholarly journals Identifikasi Kekuatan, Kelemahan, Peluang, Ancaman PT. Prudential Provinsi Riau

2017 ◽  
Vol 3 (3) ◽  
pp. 217-225
Author(s):  
NOFRIZAL NOFRIZAL ◽  
EFRITA SOVIYANTI
Keyword(s):  
Resource Base ◽  
Resource Base View ◽  
Base View

Bisnis asuransi di provinsi Riau semakin tumbuh dan berkembang, setiap perusahaan termasuk PT. Prudential Indonesia berusaha mengeluarkan strategi baru untuk dapat merebut pangsa pasar yang tersedia,  namun apakah strategi yang sudah dibuat sudah sesuai dengan keadaan bisnis eksternal dan internal saat ini. Untuk itu diperlukan indentifikasi peluang, ancaman, kekuatan, kelemahan yang baik untuk menyusun strategi yang tepat. Tujuan penelitian ini adalah untuk mengindentifikasi pelaung, ancaman, kekuatan, kelemahan PT. Prudential Indonesia di provinsi Riau. Metode penelitian ini menggunakan analisis diskriptif dengan tahapan indentifikasi yaitu Eksteral faktor analisis (EFAS), Five force porter dan Internal faktor analisis (IFAS), VRIO, dan Resource base view. Hasil penelitian ini menunjukan bahawa peluang, ancaman, kekuatan, dan kelemahan PT. Prudential Indonesia dalam keadaan baik dimana nilai kekuatan lebih besar dari nilai kelemahan dan nilai peluang lebih besar dari ancaman sehingga dapat membuat beberapa strategi pertumbuhan untuk merebut pangsa pasar di Provinsi Riau.

scholarly journals BOARD CAPITAL AND BANK EFFICIENCY: INSIGHT FROM VIETNAM

2020 ◽  
Vol 21 (2) ◽  
pp. 483-493 ◽  
Author(s):  
Maria Kontesa ◽  
Esmie Obrin Nichol ◽  
Jia-Sing Bong ◽  
Rayenda Khresna Brahmana
Keyword(s):  
Human Capital ◽  
Future Research ◽  
Board Members ◽  
Resource Base ◽  
Bank Efficiency ◽  
Capital Theory ◽  
Board Capital ◽  
Resource Base View ◽  
Base View

This study investigates the role of board capital on bank’s efficiency for a sample of 45 banks in Vietnam over 2011–2015. Using robust panel regression, we find board capital is important in making Vietnamese bank efficient even after controlling its endogeneity issue. This study further documents that networking capital and experience capital are the important factors, but not education for bank efficiency. The findings of this research contribute to the entrenchment hypothesis in agency theory, where networking and experience can be the bargaining power for manager (agent) in securing their compensation. It also contributes to human capital theory and resource base view theory where it shows networking and experience are stratetic human capital resources for bank efficiency. The findings imply that shareholders should consider the networking and experience of board members during board elections. Future research may engage with the intervention of corporate governance monitoring or test it in other developing countries context.

scholarly journals An Integrated Artificial Intelligence and Resource Base View Model for Creating Competitive Advantage

2020 ◽  
Vol 5 (1) ◽  
pp. 28-37
Author(s):  
Mochammad Ridwan Ristyawan
Keyword(s):  
Artificial Intelligence ◽  
Competitive Advantage ◽  
Small And Medium Enterprises ◽  
Multiple Criteria Decision Making ◽  
Jel Classification ◽  
Global Market ◽  
Product Management ◽  
Resource Base ◽  
Resource Base View ◽  
Base View

Objective – The performance of MSMEs (Micro, Small, and Medium Enterprises) is one of the main indicators to increase Indonesia's economic growth. The contribution of Indonesia's MSMEs is low in the global market and the lowest in ASEAN. One of the ways to increase the contribution is to create the value of competitiveness product. Management of resources is needed to provide high-quality products and competitive advantage of the company. This study aims to examine the combination of resources of the company through the Resource Base-View (RBV) approach. Methodology/Technique – A mix research method was employed, utilizing multiple criteria decision making as the analysis method and the Analytical Hierarchy process (AHP) as the instrument tool of the analysis. The respondents were 100 MSMEs in Pontianak. Findings – The criteria were determined by RBV Concept and the characteristic of company resources. The combination was the sequence level of the weight of the resources. The study also formulated the integration of the Artificial Intelligence and RBV model. The results of the study indicated that human resource is as the highest priority of company attention and the following sequences are marketing and distribution, finance and funding, operational and production, and the internet usage and technology. Novelty – The study also resulted in the creation of the RBV-AI Framework model to obtain strategic resources maintaining the competitive advantage of the company. Type of Paper: Empirical. Keywords: Artificial Intelligence (AI), Resource Base-View (RBV), MSMEs. Reference to this paper should be made as follows: Ristyawan; M.R. 2020. An Integrated Artificial Intelligence and Resource Base View Model for Creating Competitive Advantage, J. Bus. Econ. Review, 5(1) 28– 37 https://doi.org/10.35609/jber.2020.5.1(4) JEL Classification: M15, O32

Developing relationships early: How new ventures fill their capability gap

2019 ◽  
pp. 43-61
Author(s):  
Eleonora Di Maria ◽  
Marco Bettiol ◽  
Valentina De Marchi ◽  
Roberto Grandinetti
Keyword(s):  
Research Question ◽  
New Ventures ◽  
New Venture ◽  
Marketing Capabilities ◽  
Resource Base ◽  
Original Dataset ◽  
Start Up ◽  
External Relationships ◽  
Resource Base View ◽  
Base View

In light of the resource-base view of the firm, liability of newness appears as a capability gap. Several studies claim that collaborating with others is an effective strategy for bridging this gap. However, none of them demonstrates that, against a capability gap declared by the new venture at its birth and filled at the end of the start-up phase, this result was achieved by resorting to relations with external actors.The paper aims at answering this research question analyzing both the case of a marketing and technological capability gaps. The empirical section presents the results based on an original dataset on about 400 Italian new ventures. Results show that collaboration with external partners is the only determinant in reducing both capability gaps, whereas the profile of the new venture as well as its size, its location and the founders' education are not relevant. New ventures use external relationships to develop both technological and marketing capabilities.

scholarly journals Urban Living Labs, Circular Economy and Nature-Based Solutions: Ideation and Testing of a New Soil in the City of Turin Using a Multi-stakeholder Perspective

2021 ◽  
Author(s):  
Grazia Sveva Ascione ◽  
Federico Cuomo ◽  
Nicole Mariotti ◽  
Laura Corazza
Keyword(s):  
Circular Economy ◽  
Stakeholder Management ◽  
Participant Observation ◽  
Green Roofs ◽  
Exploratory Research ◽  
Urban Living ◽  
Natural Systems ◽  
Living Labs ◽  
Multi Stakeholder ◽  
The City

AbstractIn the attempt to foster circular economy (CE), cities are increasingly adopting urban living labs (ULLs) as sites of co-production aimed at testing alternative solutions based on the reuse of products, reduction of consumption and recycling of materials. Taking this perspective, our study adopts an exploratory research design to discover the pragmatic implications emerging from a case study. The City of Turin joined proGIreg, a European project that entails the regeneration of former industrial districts by means of nature-based solutions (NBS). Ranging from aquaponics to green roofs, seven NBS have been experimented in Turin, which rely on the use of natural systems to tackle social, economic and environmental challenges efficiently and sustainably. Among them, the most promising is related to the production and test of the ‘new soil’, a blend obtained by mixing earth materials coming from construction sites with compost, zeolites and mycorrhizae. The case herein presented is interesting to analyse for the multi-stakeholder management setting used, where public institutions, private companies, research institutions, citizens and associations collaborated in the co-creation and testing phase of the NBS. Consequently, the data collected through participant observation and direct interviews allow researchers to describe multi-stakeholders’ dynamics and how they work. Thus, this paper narrates a micro-contextual experience while providing a critique. Results include an analysis of the unique combination of different stakeholders, which strongly impacted on the management and the effectiveness of the entire project. By consequence, the paper offers both theoretical contributions to the relational branch of stakeholder theory and practical evidence in demonstrating the importance of the relational branch of the theory over a more traditional transactional view.

scholarly journals DigiPrime: Digital Platform for Circular Economy in Cross-Sectorial Sustainable Value Networks

Proceedings ◽  
2020 ◽  
Vol 65 (1) ◽  
pp. 1
Author(s):  
Elena Mossali ◽  
Marco Diani ◽  
Marcello Colledani
Keyword(s):  
Circular Economy ◽  
Business Models ◽  
Value Added ◽  
Environmental Crisis ◽  
Value Chains ◽  
Economic Opportunity ◽  
Construction Sector ◽  
Digital Platform ◽  
Sustainable Value ◽  
Value Added Products

Circular Economy is the solution for the current environmental crisis, representing a huge economic opportunity to build new sustainable businesses. However, many barriers need to be faced for its implementation at industrial scale—firstly, the lack of data sharing between the different stakeholders of product value-chains. The DigiPrime project is an EU-funded Innovation Action aimed at developing and demonstrating a digital platform with services able to unlock innovative cross-sectorial business models for the remanufacturing and recycling of target value-added products. In this paper, the concept behind the DigiPrime project is reported, with a particular focus on the construction sector.

scholarly journals Governing Transactions and Interdependences between Linked Value Chains in a Circular Economy: The Case of Wastewater Reuse in Braunschweig (Germany)

2018 ◽  
Vol 10 (4) ◽  
pp. 1125 ◽  
Author(s):  
Oliver Maaß ◽  
Philipp Grundmann
Keyword(s):  
Wastewater Treatment ◽  
Circular Economy ◽  
Crop Production ◽  
Local Level ◽  
Wastewater Reuse ◽  
Value Chains ◽  
Governance Structures ◽  
Structured Interviews ◽  
Agriculture Sector ◽  
Agricultural Wastewater

Reusing wastewater in agriculture has attracted increasing attention as a strategy to support the transition towards the circular economy in the water and agriculture sector. As a consequence, there is great interest in solutions for governing the transactions and interdependences between the associated value chains. This paper explores the institutions and governance structures for coordinating transactions and interdependences between actors in linked value chains of wastewater treatment and crop production. It aims to analyze how transactions and interdependences shape the governance structures for reusing wastewater at the local level. A transaction costs analysis based on data from semi-structured interviews and a questionnaire is applied to the agricultural wastewater reuse scheme of the Wastewater Association Braunschweig (Germany). The results show that different governance structures are needed to match with the different properties and requirements of the transactions and activities between linked value chains of wastewater treatment and crop production. Interdependences resulting from transactions between wastewater providers and farmers increase the need for hybrid and hierarchical elements in the governance structures for wastewater reuse. The authors conclude that aligning governance structures with transactions and interdependences is key to efficiently governing transactions and interdependences between linked value chains in a circular economy.

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