Eco-innovation impacts on recycled product performance and competitiveness: Malaysian automotive industry

This study aims to develop a theoretical circular economy model that examines the impact of eco-innovation practices on recycled product performance and competitiveness in Malaysian automotive industry. The supply of recycled materials has been recognized as one of the critical components to produce...

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Main Authors: Fernando, Yudi, Tseng, Ming-Lang, Sroufe, Robert, Abideen, Ahmed Zainul, Muhammad Shabir, Shaharudin, Jose, Rajan
Format: Article
Language:English
English
Published: Elsevier Publisher 2021
Subjects:
Online Access:http://umpir.ump.edu.my/id/eprint/32930/
http://umpir.ump.edu.my/id/eprint/32930/1/2021%20-%20SPC%20Eco-innovation.pdf
http://umpir.ump.edu.my/id/eprint/32930/7/Eco-innovation%20impacts%20on%20recycled%20product%20performance%20and%20competitiveness.pdf
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author Fernando, Yudi
Tseng, Ming-Lang
Sroufe, Robert
Abideen, Ahmed Zainul
Muhammad Shabir, Shaharudin
Jose, Rajan
author_facet Fernando, Yudi
Tseng, Ming-Lang
Sroufe, Robert
Abideen, Ahmed Zainul
Muhammad Shabir, Shaharudin
Jose, Rajan
author_sort Fernando, Yudi
building UMP Institutional Repository
collection Online Access
description This study aims to develop a theoretical circular economy model that examines the impact of eco-innovation practices on recycled product performance and competitiveness in Malaysian automotive industry. The supply of recycled materials has been recognized as one of the critical components to produce brand new automotive products. This empirical study was conducted among automotive firms and groups consisting first, second, and third-tier suppliers. The data were analysed using structural equation modeling. The results support the importance of innovation and cost efficiency from the perspective of resource-based view and the ability of a firm to manage resources while practicing circular economy initiatives, whilst instrumental to the success of recycled product performance and competitiveness. The degree of competitiveness that a firm experiences through new product development is targeted by integrating the theory of resource-based view, eco-innovation, and circular economy. The findings reveal that eco-innovation practices with circular economy principles assist business competitiveness in the automotive industry.
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format Article
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institution Universiti Malaysia Pahang
institution_category Local University
language English
English
last_indexed 2025-11-15T03:08:20Z
publishDate 2021
publisher Elsevier Publisher
recordtype eprints
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spelling ump-329302022-06-07T07:39:48Z http://umpir.ump.edu.my/id/eprint/32930/ Eco-innovation impacts on recycled product performance and competitiveness: Malaysian automotive industry Fernando, Yudi Tseng, Ming-Lang Sroufe, Robert Abideen, Ahmed Zainul Muhammad Shabir, Shaharudin Jose, Rajan HD28 Management. Industrial Management This study aims to develop a theoretical circular economy model that examines the impact of eco-innovation practices on recycled product performance and competitiveness in Malaysian automotive industry. The supply of recycled materials has been recognized as one of the critical components to produce brand new automotive products. This empirical study was conducted among automotive firms and groups consisting first, second, and third-tier suppliers. The data were analysed using structural equation modeling. The results support the importance of innovation and cost efficiency from the perspective of resource-based view and the ability of a firm to manage resources while practicing circular economy initiatives, whilst instrumental to the success of recycled product performance and competitiveness. The degree of competitiveness that a firm experiences through new product development is targeted by integrating the theory of resource-based view, eco-innovation, and circular economy. The findings reveal that eco-innovation practices with circular economy principles assist business competitiveness in the automotive industry. Elsevier Publisher 2021-09-21 Article PeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/32930/1/2021%20-%20SPC%20Eco-innovation.pdf pdf en http://umpir.ump.edu.my/id/eprint/32930/7/Eco-innovation%20impacts%20on%20recycled%20product%20performance%20and%20competitiveness.pdf Fernando, Yudi and Tseng, Ming-Lang and Sroufe, Robert and Abideen, Ahmed Zainul and Muhammad Shabir, Shaharudin and Jose, Rajan (2021) Eco-innovation impacts on recycled product performance and competitiveness: Malaysian automotive industry. Journal of Sustainable Production and Consumption, 28 (1). pp. 1677-1686. ISSN 2352-5509. (Published) https://doi.org/10.1016/j.spc.2021.09.010 https://doi.org/10.1016/j.spc.2021.09.010
spellingShingle HD28 Management. Industrial Management
Fernando, Yudi
Tseng, Ming-Lang
Sroufe, Robert
Abideen, Ahmed Zainul
Muhammad Shabir, Shaharudin
Jose, Rajan
Eco-innovation impacts on recycled product performance and competitiveness: Malaysian automotive industry
title Eco-innovation impacts on recycled product performance and competitiveness: Malaysian automotive industry
title_full Eco-innovation impacts on recycled product performance and competitiveness: Malaysian automotive industry
title_fullStr Eco-innovation impacts on recycled product performance and competitiveness: Malaysian automotive industry
title_full_unstemmed Eco-innovation impacts on recycled product performance and competitiveness: Malaysian automotive industry
title_short Eco-innovation impacts on recycled product performance and competitiveness: Malaysian automotive industry
title_sort eco-innovation impacts on recycled product performance and competitiveness: malaysian automotive industry
topic HD28 Management. Industrial Management
url http://umpir.ump.edu.my/id/eprint/32930/
http://umpir.ump.edu.my/id/eprint/32930/
http://umpir.ump.edu.my/id/eprint/32930/
http://umpir.ump.edu.my/id/eprint/32930/1/2021%20-%20SPC%20Eco-innovation.pdf
http://umpir.ump.edu.my/id/eprint/32930/7/Eco-innovation%20impacts%20on%20recycled%20product%20performance%20and%20competitiveness.pdf