Abstract
In this paper the authors investigate the relationship of advanced information and communication technology (ICT) use and the environmental performance on the company level. Their presumption is that companies with advanced ICT can have better environmental performance as well. The level of ICT development is assessed by Pham’s model, while environmental performance is interpreted along with the model of Schultze and Trommer. The authors tested the models and the relationship of ICT and environmental performance by statistical analysis, using the database of Hungarian Competitiveness Research Centre. Regarding the results, there is a positive connection between high-level ICT use and environmental performance in many aspects. Since advanced ICT allows companies to gather and analyze data extensively, the monitoring of the environmental performance indicators and the intervention, continuous development can be more efficient. Environmental sustainability is not the privilege of large companies, middle size companies are also intensely dealing with this important issue.
Highlights
In this paper the authors investigate the relationship of advanced information and communication technology (ICT) use and the environmental performance on the company level
The database has been prepared by the Hungarian Competitiveness Research Centre (HCRC) which operates at Corvinus University of Budapest and surveys the companies’ competitiveness in approximately every five years
Environmental performance As a second step, we selected environmental sustainability related questions from the HCRC and assumed that if the answers are positive, the green practice is present at the company, so we considered the answers as indicators
Summary
In this paper the authors investigate the relationship of advanced information and communication technology (ICT) use and the environmental performance on the company level. According to the concept of dynamic capabilities (Eisenhardt & Martin, 2000) in order to cope with the dynamic environment, businesses need to acquire relevant knowledge, transform them into capabilities and use these capabilities to gain and sustain competitive advantage (Zahra & George, 2002) This environment is determined by two concepts nowadays: sustainability – as demand from stakeholders at large (Seth, Sethia & Srinivas, 2011; Seuring & Müller, 2008; Kraus, Rehman & García, 2020) – and digitalization which has the potential to boost efficiency and provide better customer service of the companies (Becker, Knackstedt & Pöppelbuß, 2009; Lenka, Parida & Wincent, 2017; Demeter, Losonci & Nagy, 2020). Could these intensely researched concepts work together, support each other and provide a more sustainable future?
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