Industry Association Research Articles

Mapping corporate sponsorship of alcohol and gambling associations: An Australian pilot study.

Alcohol and gambling industries use a range of strategies to oppose and undermine public health policies targeting their industries. Industry associations often play a visible role in advancing alcohol and gambling industry interests, yet there are few studies analysing who their members or partners are and the relationships between them. Our study developed an approach to map the landscape of Australian alcohol and gambling associations, their members and partners and the connections between commercial actors. We conducted our study in four phases: first, we systematically searched for alcohol and gambling industry associations; second, we identified and classified association members and/or partners; third, we mapped three types of relationships between associations and members/partners (umbrella associations, co-location and joint membership/partnerships); lastly, we analysed the disclosures of the members and partners of the Australian Hotels Associations and Clubs Associations. We identified 126 industry associations and 1486 unique companies/organisations from multiple industry sectors that were members/partners. Only 75 (59.5%) associations provided a list of members/partners. Most companies/organisations were partners of only one association (n = 1218), while five companies were partners of more than 20 associations. Concerning relationships, we identified five national clusters, 27 instances of co-location and an extensive network linking associations through shared partnerships. Finally, we assessed 658 relationships between Hotels and Clubs Associations and their partners, of which only 91 (13.8%) were transparently disclosed. In Australia, many alcohol and gambling industry associations do not disclose their members or corporate partners and provide limited funding information. Members and corporate partners of Australian alcohol and gambling industry associations rarely disclose their support and are diverse in focus, size, members, partners, purpose and activities.

The 4E theory-based performance benchmarking of aged care service provision in community care facilities: a case study of Nanjing, China

The global aging population is growing rapidly, and due to its large population, China is expected to become a ‘super-aged society’ within the next decade. Therefore, ensuring that older people can ‘age in place’ has become a major national priority. Community-care facilities (CCFs) play a key role in this process, but their service performance often faces challenges, with high input costs and limited output benefits. This paper aims to evaluate and improve the social and economic performance of CCFs by proposing a comprehensive framework based on the 4E (Economy, Efficiency, Effectiveness, Equity) theory. Specifically, based on the 4E theory, a literature review and correlation analysis are conducted to select performance indicators. The input–output relationships are then established according to the four dimensions of the 4E theory. These indicators and input–output relationships form the foundation for applying the δ-SBM DEA model, which is used to assess the performance of 75 CCFs in Nanjing. The study finds that the economic performance of CCFs generally lags behind their social performance, with many facilities showing inefficiency in economic indicators, characterized by high operational costs and limited profitability. Projection analysis reveals major issues in low-performing CCFs, including uneven regional distribution of facility performance, poor profitability, a shortage of skilled older people care professionals, and insufficient older people’s participation. Based on these findings, the paper provides specific policy recommendations for government authorities, industry associations, and CCFs, focusing on improving cost-effectiveness, increasing the number of professionals, and enhancing older people’s participation.

Supporting Career Progression in Publishing Through Systematic Analysis of Job Descriptions: A Cross‐Industry Initiative

ABSTRACTLittle consistency exists in how individuals enter scholarly publishing, let alone advance their careers. More transparency and documentation can help increase diversity in an industry that wrestles with its privilege. In this article, we report on a project initiated by three publishing industry associations to aggregate, normalise, and analyse public job postings and internal position descriptions in scholarly publishing. After gathering more than 1000 unique descriptions, a group of knowledgeable volunteers qualitatively coded them. Researchers from the University of Michigan checked for data consistency and analysed the job description corpus. Preliminary visualisations highlight the skills that suit potential applicants for various publishing positions and the skills that are most important to build for advancement. The findings can inform the development of products to make publishing a more equitable industry, such as interactive tools to match individuals with types of publishing jobs, well‐formed template positions, and training programs that address skills gaps.

The role of networking competencies in social enterprise performance

Purpose – The goal of this research was to identify the need for networking competencies in social enterprises rated by the managerial personnel of social enterprises and academic staff of universities in Latvia. Research methodology – A survey among representatives of Latvian social enterprises and academic staff of Latvian higher education institutions (HEIs) was conducted. The data was processed by means of average ranking, Kruskal-Wallis H test, and one-way-ANOVA test. Findings – The analysis of the results of Latvian survey revealed that: 1) social enterprise per- sonnel and university academic staff rated the role of networking competencies in social enterprise performance differently; 2) social enterprises rated cooperation with local governments higher and with industry associations as less important than the group of university academic staff. Research limitations – The research is limited to the analysis of only networking competencies. Practical implications – The research results contribute to the institutional framework for the social entrepreneurship ecosystem through recommendations to universities in creating training programmes of social entrepreneurship competencies. Originality/Value – The conducted empirical study is the first study of its kind in the Latvian social enterprise ecosystem, and it offers unique data that can be used for planning the development of networking competencies.

Financial Governance and Compliance Perspective:Vat Implementation in the UAE

This study discusses the Nigerian experience in the adoption of Value-added tax (VAT) especially as it relates to implementing rules for financial governance and compliance in the UAE. This assesses VAT as an avenue to introduce revenue sources in an economy, which has hitherto do not recognize taxes, and its effect on SMEs. This study analyses VAT structures, regulations, and compliance issues as well as funds management, based on a UAE SME survey using a quantitative analysis approach. The following are findings: Understanding of VAT and effective training, technological advancement, and functional financial management are positively related. Several factors are underscored as factors hindering compliance; these are for instance restrictions in the availability of resources, and the intricate nature of laws. Institutional approaches including a higher technological system, legal requirements for conformity training, and policy changes are used to increase VAT implementation and good governance. The study further alerts policymakers and other stakeholders on the role of VAT for economic sustainability and provides practical recommendations for stakeholders such as the Ministry of Finance, policymakers, businesses, and industry associations. Some of the research opportunities for future studies are as follows: Sector wise compliance issues, new technologies, and long-term outcomes of VAT governance. Keywords: VAT implementation, financial governance, compliance challenges, UAE SMEs, economic sustainability, fund management, VAT awareness, technological adoption, training effectiveness, policy recommendations

Review of Reported Adverse Events Associated With Prescription Hearing Aids in the Manufacturer and User Facility Device Experience (MAUDE) Database.

Objective To examine the adverse events reported in the U.S. Food and Drug Administration's (U.S. FDA's) Manufacturer and User Facility Device Experience (MAUDE) database for prescription hearing aids (HA). Methods A retrospectivestudy was performed from January 2014 to September 2024 using the U.S. FDA's MAUDE database. Medical device reports (MDRs) were identified using product codes (ESD, OSM, and QDD) and keywords ("Hearing Aid, Air-Conduction, Prescription; Hearing Aid, Air-Conduction with Wireless Technology, Prescription; and Self-fitting, Air-Conduction Hearing Aid, Prescription"). Exclusion criteria included reports unrelated to the usage of the device or those providing insufficient data. The incidence of adverse events was estimated using the Hearing Industries Association's market data over the last 10 years. Results A total of 586 medical device reports (MDRs) were identified, and 504 met the inclusion criteria. There were 4 (0.8%) MDRs identifiedin 2014, 7 (1.4%) in 2015,7 (1.4%) in 2016, 11 (2.2%) in 2017, 7 (1.4%) in 2018, 27 (5.4%) in 2019, 50 (9.9%) in 2020, 24 (4.8%) in 2021, 119 (23.6%) in 2022, 174 (34.5%) in 2023, and 74 (14.7%) in 2024, up to the third quarter. Of the 504 MDRs, 829 total events were identified.The mean number of events per MDR was calculated as 1.9. Four hundred and ninety-four (59.6%) of the 829 events were related to device malfunction, with 180 (21.7%) attributed to charger-related issues and 137 (16.5%) to poor construction/device falling apart, resulting in foreign bodies in the ear for 96 (70.1%) of those 137 cases. A total of 303 (36.6%) events were related to adverse medical effects, 19 (2.3%) were related to customer service issues, and 11 (1.3%) were relatedto failure to provide hearing benefits. The incidence rate of adverse events over the last decade was calculated as 0.00114%. Conclusions There is a low reported incidence of adverse events associated with prescription hearing aids. Charger issues, possible poor constructionand device failing apart, resulting in foreign bodies in the ear, and medical complications, were commonly reported as adverse events. The data can increase providers' awareness of common complaints, enhance targeted monitoring, and advise and manage expectations.

Влияние кластеров на продолжительность жизненных циклов предпринимательских экосистем в регионах России

In the context of the global economy and growing competition within the country and on the international market, the development of entrepreneurial ecosystems is an important factor for sustainable economic growth. The author distinguishes between the concepts of “entrepreneurial ecosystem” and “cluster”. In a new view of entrepreneurial ecosystems as dynamic structures that go through the stages of birth, formation, development, maturity, stabilization, renewal or decline, according to the author’s methodology, special attention is paid to the mechanism of prolongation of growth stages due to the influence of clusters. The integration of life cycle theory and clusters provides a new perspective on entrepreneurial ecosystems through the lens of clusters. The novelty lies in the role of clusters as an effective approach that promotes interaction between business, government and science to accelerate innovation processes, create sustainable cooperation networks, attract investment and reduce barriers to entry of new entrants to the market. To substantiate the decision to select the largest entrepreneurial ecosystems, a comparative analysis was carried out for the Novosibirsk Region in the context of the regions of the Siberian Federal District, for the Republic of Tatarstan – in the context of the regions of the Volga Federal District. An analysis of the economic sectors of the studied regions revealed that entrepreneurial companies not only operate in the main ones, but also form related industries. It is revealed that the industry association leads to the creation of new industries of the sixth technological order and the production of competitive goods and services, which creates an additional need for investments for the development of innovation activities by entrepreneurial ecosystem companies. The use of the OTSW analysis tool (according to V. L. Quint’s method) is substantiated. This article will help determine the approach when making a management decision to increase the vital activity of the entrepreneurial ecosystem. The formation of clusters will improve the interaction between ecosystem participants, develop entrepreneurship and stimulate innovation in the country’s regions.

Leveraging Partnerships for Microcredential Design in Digital Health: Key success factors

Aim: This paper describes the collaborative approaches used to design microcredentials in digital health and cybersecurity. The project was initiated to design and deliver educational products to address specific skills shortages and align outcomes with Australian and International skills and professional competency frameworks. Approach: The co-design process was guided by a proven model for educational design, involving interdisciplinary teams and emphasising rapid prototyping to ensure industry relevance and on time delivery. Partnerships with industry and professional associations were built to develop and deploy the microcredentials within a six-month timeframe. Main Findings and Conclusion: Key success factors included trust, mutual respect, and effective communication among partners. The co-design process highlighted the benefits of collaboration, the importance of alignment with competency frameworks, and the lessons learned in creating educational products that satisfy learner, academic and industry needs. The paper concludes that co-designing microcredentials with industry and professional associations is an effective approach to delivering educational products that address workforce skills and professional knowledge gaps.

The Centralized Management of Folk Art Trade in Hungary

AbstractThe decorated artifacts of rural craft industries were the forerunners of the products which, from the late 19th century, were made for the organized trade that entered the global market and met the needs of the Hungarian market. The production was managed by the increasingly numerous cottage industry associations, later cottage industry cooperatives and independent companies. Until World War II, craft and folk art products were marketed by centrally managed organizations, as well as by individual entrepreneurs, commercial travelers, trading companies, and cottage industry cooperatives. From 1948 onwards, the marketing of the products of cottage industry cooperatives was exclusively in the hands of state-controlled domestic trading and export companies. After the political regime change in Hungary in 1989, the applied folk arts cooperatives continued to operate for some time, but the centrally managed trading companies ceased to exist. The cooperatives carried out commercial activities by building on their previous relationships. By the 1990s, however, the global market for folk art products and the economic conditions for their production in Hungary had changed, and the folk art products of the cottage industry cooperatives have been phased out. This paper focuses on the history of centrally managed institutions of commerce from the 1870s to 1989 and their aftermath up to the 1990s.

Intermediary Level Drivers and Sustainability of MSE’s in Kenya

Medium-sized enterprises (MSEs) account for 90 percent of businesses operating in Kenya, contributing up to 60% of total employment and up to 40% of GDP in emerging economies. MSEs have more flexibility to quickly adapt and change to meet necessary environmental and social targets. Thus, with the right strategy, MSEs can offer both economic prosperity and environmental protection. It raises an important question: What drives MSEs to consider sustainability in their practices? The study conducted empirical research to establish the Influence of intermediary-level drivers on the sustainability of MSEs in Kenya. The study adopted a descriptive cross-sectional research design. The unit of analysis was the MSEs registered by KAM with standard regulations classified as MSE, which are distributed in the s economic regional blocs. A simple random sampling technique and a probabilistic sampling technique were used to select 298 respondents, forming the observation unit. The data collection instrument was a semi-structured questionnaire. Ordinary Least Square regression was used to analyze data. Before conducting the regression analysis, data was pretested to check for reliability using the internal consistency method, and construct validity was tested using the Bartlett Test of Sphericity and Kaiser Meyer Olkin test of sampling adequacy. The model fit was statistically significant. The study rejected the null hypothesis. In conclusion, Intermediary-Level Drivers play a crucial role in MSE sustainability. The study recommends that SMEs embrace digital transformation and social media marketing to nurture Intermediary-Level Drivers. Government and industry associations should offer training and resources to help MSEs develop digital marketing skills.

THE ELECTRONIC TRADING OF WAREHOUSE RECEIPTS ON GLOBAL AGRICULTURAL EXCHANGES. CONCLUSIONS FOR POLAND

The aim of the study is to assess the use of Electronic Warehouse Receipt (EWR) as an instrument to support the trade of agricultural raw materials on global agricultural markets, to analyze the possibilities and potential of introducing this system in Poland, as well as to initiate a discussion on the restoration of the system of licensed storage and electronic warehouse receipt. Statistical data published by the Futures Industry Association and data obtained from commodity exchanges, as well as available literature, were used as source material. The analyses carried out show that a properly implemented EWR provides a proven solution to problems occurring in the food economy: the financing of current operating costs of running a farm and farm liquidity, and the financing of trade between participants in the supply chain. For a EWR system to be successful, it is necessary to understand the value chain, market and business environment. It is also important to assess risk, competitiveness, relationships and processes, justification and financing needs of chain participants. Thanks to this approach, a warehouse receipt can constitute loan security for all participants in the value chain, following the goods. Dematerialization of the warehouse receipt enables the takeover of trading in this document by a licensed exchange, and thus enables not only trading in a futures instrument, as on the CBOT or MATIF exchange, but also in a cash instrument with physical delivery, as on the TMEX or e-NAM exchange. The warehouse receipt system in Poland has been abolished, but the problems it solves remain. Taking into account the advantages of the warehouse receipt system, it should be restored in Poland to provide the agricultural sector with effective and proven solutions.

Virtual relational capital for business development: a case study

Purpose The study aims to investigate virtual relational capital (VRC) to evaluate to what extent virtual relations (VR), obtained by using new technologies, support the development of firms, also considering the increasing sustainability’s needs. The study addresses the literature gap on VRC dynamics through an empirical analysis. Design/methodology/approach The investigation focuses on a single case study in the lighting industry, deepening the case of a small Italian company. The case is analyzed through the lens of the CAOS framework model by Paoloni, nurtured through direct semi-structured interviews with the entrepreneur and some managers and consultants, and data collected via web scraping. Findings VRC, obtained by the use of new technological tools, contributes to developing and fostering the innovation ecosystem in which companies need to create new skills and synergic alliances with other stakeholders. Moreover, VR can improve commercial and sales performance, stakeholder engagement and sustainability, including alignment with the circular economy and waste management principles. VRC can support smaller companies with more limited resources to connect to a broader range of actors, raising their voices with policymakers and other relevant international institutions. Originality/value The study contributes to the theoretical understanding of VRC, especially in an era in which new technologies play a fundamental role for both businesses and people. It also provides practical insights into how companies, especially smaller ones, can maximize their sustainable impact by strategically adopting virtual interactions with meaningful stakeholders like customers, key executive partners, industrial associations and policymakers.

European Pharmaceutical Industry Medical Information: A Role to Play in the Provision of Medicine-Related Information to Patients.

European pharmaceutical companies have a professional and legal obligation to provide objective, factual and non-promotional medicine-related information to both healthcare professionals (HCPs) and patients on request and have establishedMedical Information services to fulfil this need. Also, medicines are supplied with a package leaflet for patients and/or users-this usually includes the contact details for the company's Medical Information service. There is a large scale of patient enquiry interactions across the European region. A survey conducted in 2021 by the Medical Information Leaders in Europe (MILE) association revealed that 21% of all enquiries managed by Medical Information services in 2020 were from non-HCPs. Eighteen companies collectively managed over 140,000 non-HCP enquiries-while supporting so many patients, this is also a potentially rich source of insights to real-life patient experiences. When interacting with patients, companies are cautious not to interfere with the relationship between the patient and their HCP. This can limit the information provided, with many being referred to their busy treating physicians. Unfortunately, this approach can fall short of patients' expectations or needs. MILE recognises the potential to be more helpful and companies are keen to evolve to deliver more patient-centric support. MILE member companies have collaborated in the collation and publication of best-practice principles for handling unsolicited requests for medicine-related information from patients, caregivers and members of the general public (MOPs). This will help improve accessibility to quality information support, harmonise the patients' experience and build confidence in the pharmaceutical industry services. MILE continues to invite stakeholders, including patient associations, HCPs, pharmaceutical companies, regulators and national industry associations to engage and help advance these core principles for handling patient enquiries. This publication does not constitute legal advice; decision making and accountability remains with each pharmaceutical company.

Acceleration of Green Transitions on the Base of Port Organizational Ecosystem’s Resilience Enhancement: A Socio-Technological Approach

Seaports are pivotal nodes in global trade, under increasing pressure to expedite green transitions while navigating the complexities of modern economic and environmental challenges. This research investigates the intricate relationship between the resilience of port organizational ecosystems and the successful implementation of green transitions. Employing a combination of focus group interviews and participatory observation, the study explores the primary obstacles, particularly the insufficiency of managerial capacity, which hampers the integration of technological innovations. Challenges identified include outdated infrastructure, cybersecurity vulnerabilities, and the imperative for sustained investment in new technologies, along with the need to promote a culture of sustainability. Experts highlight the crucial role of managerial competencies and continuous learning in overcoming these barriers. Furthermore, the research underscores the importance of fostering strong partnerships among stakeholders, including government bodies, industry associations, and environmental organizations. The findings offer valuable insights for policymakers, port managers, and other stakeholders seeking to navigate the challenges for ensuring a sustainable future for the maritime sport organizational ecosystems and maritime industry.

Influence of Strategic Customer Retention Practices on the Performance of Automotive Firms in Nairobi City County, Kenya

Purpose: The main focus of the study was to establish how strategic customer retention practices influences performance of automotive firms in Nairobi City County, Kenya. The study specifically focused on establishing the influence of customer support programs, technological advancements, and strategic communication practices and customer’s motivation programs on performance of automotive firms in Nairobi City County, Kenya. The study was anchored on Expectancy Theory, Diffusion of Innovation Theory, Communication Theory and Customer Service Theory. Methodology: The study employed a descriptive survey research design and targeted 18 franchised automotive firms registered by Kenya Motor Industry Association. The unit of observation comprised of employees in strategic, marketing and IT departments. A total of 80 respondents were involved in the study. Primary data was utilized in the study and was gathered through 5-point Likert scale structured questionnaires. Both descriptive and inferential statistics were adopted in analyzing the collected data. The statistics were generated by help of SPSS software and results presented in form of tables and figures. The study conducted a pilot test before the main study on two randomly selected automotive firms to assess the reliability and validity of questionnaires. Respondents involved in the pilot study was not be included in the main study. Findings: The study established that strategic customer retention practices accounts for 61.8% in variations of performance of automotive firms in Nairobi County. The study further established that strategic customer retention practices comprising of customer support programs, technological advancements, and strategic communication practices and customer’s motivation programs positively and significantly influences performance of the firm. This was depicted by beta values of 0.508, 0.324, 0.216, and 0.196 and significant values of 0.000, 0.000, 0.007, and 0.012. Unique Contribution to theory, Policy and Practice: The study concluded that enhancing the strategic customer retention practices leads to enhanced performance levels of the firms. The study provided recommendations to the management of the automotive firms to enhance aspects of customer support programs, technological advancements, and strategic communication practices and customer’s motivation programs since the practices leads to enhanced performance levels of the firms.

Embracing Culinary Tourism as a Strategy for Boosting Regional Development: Bangka Belitung Case Studies

Both regional and national growth are aided by culinary tourism. Every region needs to have an appropriate strategy in place to compete with the others in order to maximize development. Creating a supply-demand-driven culinary tourism strategy is the aim of this study. Hybrid technique was employed in this investigation. Participants in this study included chefs, tour operators, owners of agricultural tourism firms, local government representatives in the tourism sector, and operators of restaurants and hotels. SWOT analysis was conducted using the results of visitor surveys, aerial observations, focus group discussion, and secondary data. Suggested course of action: Priority plans are selected by government officials and executives of travel industry associations, and AHP is used to process them. Product, pricing, marketing communication, and collaboration are the recommended areas of concentration. To increase price competitiveness, culinary products from upstream to downstream must work together. Among the goods that must be created are facilities, culinary festivals and events, culinary-related activities, and organizations dedicated to culinary tourism. Collaborative marketing communications are needed to maximize culinary tourism-related media and messaging. There are restrictions on research involving horizontal stakeholders. Future research needs to look at the various ways that stakeholders collaborate.

Consensus Statement on the Outcome of the European Herbal Health Products Summit - Which Way Forward?

Herbal medicinal products are a vital part of the healthcare system in Europe and beyond. Being predominantly sold as non-prescription medicines in pharmacies, they are very popular with patients, physicians, and pharmacists and are therefore an important part of self-medication. Interest in this sector has recently gained momentum, reflecting the ongoing revision of the general pharmaceutical legislation and the recent discussion on nutrition and health claims on foods based on the implementation report of Regulation (EC) No 1924/2006 by the European Parliament 1. Therefore, on 20th February 2024, the Society for Medicinal Plant and Natural Product Research (GA), in collaboration with the German Pharmaceutical Industry Association (BPI) and the German Medicines Manufacturers' Association (BAH, now Pharma Deutschland), hosted an in-person summit in Brussels entitled 'European Herbal Health Products Summit - Which way forward?'. The summit featured a wide range of speakers, including policymakers, regulatory authorities, industry representatives, and academic experts. It was divided into several sessions covering topics such as the future and relevance of herbal medicinal products in the EU, the revision of the EU pharmaceutical legislation, and the resulting impact on herbal medicinal products. Furthermore, the discussions delved into the "Health Claims Regulation" - the European Parliament's implementation report and the related regulatory challenges of herbal medicinal products at an EU level. This consensus paper summarises the current status and provided recommendations to pave the way for future strategies to ascertain the continued use of herbal medicinal products as an important therapeutic option for patients.

Poland in Blue: The Phenomenon of the Denim Clothing Industry in Polish Society During the Socialistic Period

In the People’s Republic of Poland 1 , blue jeans were much more than just an element of clothing. They have become a symbol of freedom, a generational rebellion, and an aspiration for the world on the other side of the Iron Curtain. Aid parcels sent by relatives, mainly from the USA and also from Great Britain, Canada, and Australia played a significant role in getting to know denim clothing in socialist Poland. In the second half of the 1960s, the domestic production of substitute denim-like materials 2 , including denim-like trousers, was started. They were a response to the demand, in particular, of groups of young people for products made of this type of material. The new improvements and material inventions were supervised by the association of clothing industries and research laboratories, which played an essential role in the creation of materials for domestic production (Kortan 1981). A group of active Polish textile and fashion designers contributed to promote comfortable denim clothing from the West. This article presents the role of the denim clothing industry in Poland during the socialist period (1952–1989), considering the cultural context and the impact of this clothing on discovering alternative forms, replacing the originals from capitalist countries. It should be noted that in the People’s Republic of Poland, new types of textile materials were developed and improved so that they corresponded, at least in part, to materials from the West and filled in product gaps. To this end, proprietary commercial versions of fabrics used to produce garments, including the jeans discussed in this publication, were made of a textile known as in Polish word “Teksas” a denim substitute. Researching archival materials and showing achievements in the field of textiles and fashion fills the gap in research on cultural significance of fashion, textile materials and the production of denim and clothing from domestic fabrics of the socialist era.

Enhancing Security and Traceability in Aerospace Supply Chains through Block Chain Technology

This study explores the impact of blockchain technology on aerospace supply chains, focusing on mitigating risks such as supply chain disruptions, counterfeit parts, and regulatory compliance challenges. A mixed-methods approach was employed, combining quantitative and qualitative analysis using data sourced from publicly available databases, including the Federal Aviation Administration (FAA), the Aerospace Industries Association (AIA), the International Air Transport Association (IATA), and reports from blockchain technology providers. Descriptive analysis identified supply chain disruptions (M = 3.74, SD = 1.17) as the most significant risk, followed by counterfeit parts (M = 3.34, SD = 1.20). Structural Equation Modeling (SEM) demonstrated that part authentication and provenance tracking had the strongest impact on improving traceability (β = 0.40, p < 0.001) and transparency (β = 0.38, p < 0.001). A Cost-Benefit Analysis (CBA) revealed a positive return on investment, with cost-benefit ratios up to 2.31. Blockchain adoption was also found to reduce CO₂ emissions by up to 25%, while improving operational efficiency through shorter procurement lead times and lower administrative costs. However, regulatory misalignment and interoperability challenges remain barriers to full adoption. The study concludes that blockchain is a transformative tool for enhancing traceability, security, and sustainability in aerospace supply chains.

Working Paper 53: Good governance and the just transition

There is broad agreement that ensuring a just energy transition is key for achieving the trust and support from citizens needed to succeed with the green transition and the COP28 goal of tripling renewable energy capacity by 2030. This paper discusses the concept of a just transition, with a particular focus on the importance of achieving a transition that benefits both local communities and society at large. It examines the governance and corruption challenges that could jeopardise this goal and discusses how industry associations and companies in the renewable energy sector could step up its efforts to address these challenges to realise the ambition of a just transition. The paper draws on lessons from the experience of tackling governance and corruption risks in the extractive sector and sets out proposals on how to accelerate collective action in the renewable energy sector. About this report This is a guest Working Paper of the Basel Institute on Governance, ISSN: 2624-9650. You may share or republish the report under a Creative Commons CC BY-NC-ND 4.0 licence. The contents are the sole responsibility of the authors and do not necessarily reflect the official position of the Basel Institute on Governance, University of Basel or funding organisations. Suggested citation: de Vibe, Maja, and Mark Robinson. 2024. ‘Good governance and the just transition: Implications for renewable energy companies.’ Working Paper 53, Basel Institute on Governance. Available at: baselgovernance.org/publications/wp-53.