Sustainable Practices in Manufacturing SMEs: The Importance of Technological Collaboration between Supply Chain Partners
Sustainability (Switzerland), ISSN: 2071-1050, Vol: 16, Issue: 12
2024
- 8Captures
- 2Mentions
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Example: if you select the 1-year option for an article published in 2019 and a metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019. If you select the 3-year option for the same article published in 2019 and the metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019, 2018 and 2017.
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Metrics Details
- Captures8
- Readers8
- Mentions2
- Blog Mentions1
- Blog1
- News Mentions1
- News1
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Universidad Politecnica de Madrid Researcher Reports Recent Findings in Sustainability Research (Sustainable Practices in Manufacturing SMEs: The Importance of Technological Collaboration between Supply Chain Partners)
2024 JUL 08 (NewsRx) -- By a News Reporter-Staff News Editor at Economics Daily Report -- Research findings on sustainability research are discussed in a
Article Description
The development of new technologies within Industry 4.0 (I4.0) may serve as a catalyst in the development of sustainable practices (SP), particularly in the case of small and medium enterprises (SMEs). This paper contributes to the literature by examining the development of technological collaboration agreements between supply chain partners as an influence factor that may impact the environmental commitment of SMEs. Specifically, we study whether the type of partner within the supply chain impacts a firm’s spending or its investment decision toward SP. To that end, we propose an analysis model that considers supplier and customer relationships separately, and the SP measure to be taken distinguishing between expenses and investments. Additionally, empirical research comprising descriptive statistics and econometrics using the regression technique has been conducted on a sample of 1808 Spanish industrial firms. Our results confirm that there are significant differences between SMEs and large companies when developing SP, and that these SP in SMEs depend on the chosen partner and measure. Finally, we offer our main conclusions, as well as relevant recommendations for managers, public administrators, suppliers, and customers, who are essential players in the I4.0 revolution and are under social pressure to promote sustainable development.
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