Sustainable Development Capability Research Articles

Evaluating the impact of China's MSW sorting pilot policy on urban sustainable development: Empirical evidence from 95 cities.

The escalating challenge of municipal solid waste (MSW) critically tests the sustainable development capacities of urban centers. In response, China initiated pilot policies in 2017 aimed at bolstering MSW management. The effectiveness of these initiatives, however, necessitates empirical scrutiny. This study leverages panel data spanning 95 cities at the prefectural level or higher, covering the period from 2006 to 2020, to assess the impact of the MSW sorting pilot policy on urban sustainable development using a difference-in-differences approach. The research found that the MSW sorting pilot policy has significantly increased the processing volume of MSW, thereby enhancing the sustainable development capabilities of cities. Further, the study identifies augmented fixed asset investments as a key mechanism through which pilot cities have enhanced their MSW management capabilities. Notably, the policy's stimulative effects are more pronounced in less densely populated and economically lagging regions. These findings provide critical insights for developing nations in shaping MSW sorting strategies and advancing urban sustainability.

Effect of Household Investment in Human Capital On Economic Development in Oyigbo Local Government Area of Rivers State, Nigeria

This study investigated the effect of “Household Investment in Human Capital on Economic Development in Oyigbo Local Government Area of Rivers State” using health care, poverty reduction and political participation as proxies for development. It made use of primary data collected using the instrument of questionnaire administered to the residents in the area. Statistical tools such as frequency distribution table, percentages and mean were used to present and analyze the data while the chi-square was used to test the formulated hypothesis. The study showed a significant positive effect of household investment in human capital investment on economic development in Oyigbo Local Government Area of Rivers State. It therefore recommended that households should be granted some tax reliefs to increase their disposable income capability for sustained human capital investment and sustainable economic development. The government is also advised to redouble their investment on infrastructure and the educational sector to support the effort the households.

The Impact of ESG Performance on Corporate Value

As environmental problems have been increasingly serious, the concept of "sustainable development” has gradually taken hold. ESG, which reflects a company's sustainable development capabilities, has become a trend and attracted widespread attention in the academic community. However, there is still a lack of a unified understanding of the specific association between ESG and corporate value. This article analyzes literature in the international financial field related to ESG in recent years and explores the way ESG influences corporate value from the perspectives of impact, influencing mechanism, and heterogeneity. The aim is to provide insights into future research directions in this field. This article found that there are three impacts of ESG performance on corporate value: promotion, inhibition, or irrelevance. ESG performance mainly affects corporate value from four aspects: financing constraints, green innovation, corporate efficiency, and corporate risk. The heterogeneity of ESG performance mainly depends on factors such as property rights, marketization degree, information transmission efficiency, company size, and industry environmental sensitivity. Future research on ESG should be centered on empirical research that examines ESG’s comprehensive influence and regional heterogeneity of ESG performance.

Exploring the Relationship Between Non-Financial Information and Corporate Financial Performance: Evidence from Chinese Listed Companies

With the increasing impact of climate change and resource depletion, society is confronted with significant environmental and social challenges, which have made sustainable development a focal point for the entire community. ESG, as a vital metric for measuring a companys sustainable development capabilities. The development of ESG evaluation system can promote enterprises to pay more attention to ESG, thus contributing to the sustainable development of society and environment. Furthermore, the development of ESG practices has the potential to positively influence a companys financial performance, thereby serving as a driving force for economic advancement. A sample of 342 listed companies is analyzed using descriptive statistics and OLS regression analysis. The results show that ESG performance has no significant impact on the financial performance of enterprises, and it can neither help enterprises obtain more profits nor make enterprises bear more financial pressure. Based on these findings, the paper suggests the following recommendations: (1) Enhance the management and integration of ESG evaluation systems. (2) Foster increased societal attention towards the ESG performance of companies.

Research on the Mechanism and Implementation Path of Enhancing Innovation Capability in Manufacturing Enterprises Based on Human-Machine Collaboration

In today's rapidly evolving business landscape, manufacturing enterprises face the challenge of enhancing their innovation capabilities to remain competitive. This research aims to investigate the mechanism and implementation path of enhancing innovation capability in manufacturing enterprises through human-machine collaboration. By examining the case of Xingyu Co., Ltd., this study explores the effects of human-machine collaboration on production efficiency, cost reduction, product quality improvement, and employee innovation potential. Additionally, it discusses the need for further research to explore the long-term impact of human-machine collaboration on innovation capability, the differences in innovation capability among enterprises of different scales and industries, and the relationship between human-machine collaboration and innovation capability in conjunction with other factors such as organizational culture and management models. The findings suggest that human-machine collaboration significantly enhances innovation capability in manufacturing enterprises, and future research should focus on optimizing implementation strategies to enhance competitiveness and sustainable development capabilities.

Study on the Promotion of Green Financial Reform and Innovation on Enterprise Sustainable Development Capability in Low-Carbon Economic Development Based on Statistical Modeling

Abstract Green financial reform and innovation attempts to combine the two core principles of green development and innovation-driven to promote the sustainable development of enterprises. This paper adopts the synthetic control method to establish the experimental and reference groups according to whether the study area is a pilot area for green finance reform. According to the research theory, the indicators affecting the sustainable development of enterprises are selected, and the changes in the indicators of the experimental group before and after the green financial reform and innovation are compared and analyzed. Based on the Mean Difference value and Median Difference value, determine the role of green finance in influencing the sustainable development of enterprises. The parallel trend hypothesis test is carried out to verify the feasibility of the double difference model setting. Construct the mediation model for green lending and enterprise R&D investment to promote sustainable development within enterprises in the context of green finance reform and innovation. The regression results show that the coefficient of the double difference interaction term Treati * Aftert is 0.2653, which passes the significance test at the 1% level. The mediation model, after adding all control variables and three fixed effects, has a double difference term coefficient of 0.0876. After removing irrelevant factors, it further indicates that the implementation of the green financial pilot zone policy can promote the green technological innovation of enterprises to a certain extent and that the green financial pilot zone policy plays a significant role in the promotion of sustainable transformation of enterprises.

Green Innovation, Environmental Certification, and the Sustainable Development of Enterprises in China

Purpose - Achieving sustainable development has always been the most important issue for enterprises. Owing to global warming and environmental deterioration, environmental management is increasingly becoming a major concern for enterprises and the external world, especially stakeholder behavior. This study explores whether enterprise environmental management can contribute to its sustainable development, and how stakeholder behaviors can influence this relationship.
 Design/Methodology/Approach - This study uses a fixed effects regression model to empirically test the data of Chinese A-share listed companies from 2012 to 2020, and investigates the impact of corporate environmental behavior (i.e. green innovation and environmental certification) on the sustainable development of enterprises. It also explores the moderating role of government support and analyst attention in the impact of environmental management on corporate sustainability.
 Findings - The research results showed that enterprise environmental management, namely, green innovation and environmental protection certification, can promote sustainable development capabilities. Simultaneously, government support and proper attention from analysts can have a positive moderating effect on green environmental management and improve sustainable development.
 Research Implications - This study enriches relevant theories on enterprise environmental management and sustainable development, proposes the importance of government support and external institutional supervision, and provides a reference for sustainably developing enterprises from the perspective of stakeholder behaviors.

Strategic Tasks of State Support for the Post-War Development of the National Economy

The article highlights the main issues of government support for the post-war development of priority sectors of the national economy that are of strategic importance for sustainable economic development and national defense capabilities; and substantiates the corresponding instruments of fiscal support using the example of titanium industry. In the study, the strategic tasks of government support for the post-war development of national economy are considered from the standpoint of a comprehensive solution to the problems of forming an innovative foundation for economic renewal, ensuring the technological change, creation of a complete cycle of deep titanium processing and titanium production in Ukraine which will meet the needs of domestic demand and the entry of domestic producers into world markets. Ensuring changes in educational sphere in accordance with the real economy’s demand for technical specialists and professionals is seen as a part of a comprehensive industrial policy approach, and fiscal instruments for this purpose are proposed.
 The need to expand the list of instruments of government support for the development of strategic industries is substantiated. The list should include both measures of tax support for investment projects with significant investments provided for by current legislation, as well as grants, innovative transfers from the government budget, measures to support the export of innovative titanium products, and innovative corporate income tax benefit to stimulate innovations, training tax allowance to support business investment in human capital. Proposals to extend the instruments for financing priority sectors of Ukraine’s economic revival do not contradict the norms of EU legislation in the field of government aid.
 Possible measures for ordering the regulatory framework of the proposed in the article direct budgetary and indirect government support instruments for the innovative development of strategic sectors of the economy are outlined. In particular, changes to the Tax Code of Ukraine on the introduction of innovation and training allowances for corporate income tax, changes in the minimum useful life of innovative equipment, and tax credit recognition of VAT amounts in the acquisition prices of technology property rights and in the import of technology under a technology transfer agreement, as well as to the Resolution of the Cabinet of Ministers of Ukraine of January 24, 2020 No. 28 “On the provision of financial government support” in terms of increasing the volume of loans and reducing the cost of their servicing for business entities in the titanium industry.

Senior High School Students Perception on Sustainability Literacy in Biology Learning

The Sustainable Development Goals (SDGs) are a global partnership's urgent call to action from all developed and developing countries to build a sustainable future. Students play an essential role in achieving this goal because they are the primary objects of formal education who can be involved through concrete actions and appropriate and effective decision-making. In order to achieve this goal, sustainable development capability and capacity, as measured by sustainability literacy, are required. The purpose of this study is to gather information about students' initial perceptions of environmental change subject in relation to students' sustainability literacy. The method used is a descriptive method with a quantitative approach. This study was conducted in February 2023 on 34 students from grade XI in SMAN 1 Bandung who had already completed the subject. Students' sustainability literacy was assessed using a questionnaire. Descriptive analysis was used to examine the data. Finding indicated that the indicator of knowledge was worth 43% within very bad category, knowledge of skills had a value of 44% with a very bad category as well and mindset was worth 55% with a bad category. As a result, it is possible to conclude that students' sustainability literacy is of very bad quality.

Wpływ konfiguracji technologii zrównoważonej produkcji przedsiębiorstw herbacianych w Chinach: w oparciu o metodę FsQCA

Using the survey data of 45 tea enterprises in Fujian Province, China, this paper adopted fuzzy set qualitative comparative analysis (fsQCA) to study the adoption of the sustainable production technologies by tea enterprises. The results show that there are two configurations for the path to achieve the adoption of high sustainable production technologies. The core condition combination of the first configuration is the existence of sustainable development capabilities, the degree of government support, and the resource and environmental endowment, while that of the second configuration is the existence of enterprise expected value, industrial organization mode and the resource and environmental endowment. Moreover, the path achieving non-highly sustainable production technologies adoption mainly summarized as a configuration. Specifically, the core condition is the absence of sustainable development capabilities, enterprise development strategies, and the resource and environmental endowments. Furthermore, some practical policy recommendations were put forward based on the above conclusions in this paper.

Measuring the Development Capability of the Innovation Ecosystem from a Quadruple Helix Perspective—An Empirical Analysis Based on Panel Data for Chinese High-Tech Industries

With the rapid development of high-tech industries, the research perspective of industrial innovation has gradually evolved from the innovation system to innovation ecosystem. Whether the innovation ecosystem of China’s high-tech industry can achieve the benign evolution and development of the system under the new global pattern has become a real issue. Based on the perspective of the four-helix innovation model, in this study we construct an index system of the industrial innovation ecosystem development and designs a framework system of the industrial innovation ecosystem development capability, including the coordinated development capability, evolutionary development capability, and sustainable development capability at three levels. We construct measurement models of different capability dimensions and multi-dimensionally analyses of the regional development differences and change trends of each capability dimension of the system. The results show that the coordinated development capability of China’s high-tech industrial innovation ecosystem is poor, which inhibits the comprehensive capability of the system’s development to a certain extent. Although the evolutionary and sustainable development capabilities fluctuate greatly and have significant regional differences, they are measured at a better level and thereby contribute to the development of the system.

Sustainable supplier selection by using dual probabilistic linguistic EDAS and ITARA method

With the development of globalization, companies from all over the world are now more closely connected, and they all play different roles in the industry in which they are located. There are more and more companies in a complete supply chain, which can greatly influence the stability of the supply chain, presents certain challenges. Therefore, choosing suppliers with sustainable development capabilities, especially in the event of interruption, can ensure the stability of the entire supply chain, thereby enhancing the company’s image and competitive advantage in a large-scale competition. The sustainable supplier selection is a classical multiple attribute group decision making (MAGDM) issues. In this study, the dual probabilistic linguistic EDAS (DPL-EDAS) method is built based on the traditional EDAS method and dual probabilistic linguistic term sets (DPLTSs). Firstly, the DPLTSs is introduced. Then, combine the traditional EDAS method with DPLTSs information, the DPL-EDAS method is established and the computing steps for MAGDM are built. Finally, there are a numerical case involving sustainable supplier selection and some comparisons in this paper. The comparisons are used to illustrate advantages of DPL-EDAS method.

The influence of climate change, green innovation, and aspects of green dynamic capabilities as an approach to achieving sustainable development.

Green dynamic capability is acquiring significant traction among academics, practitioners, and policymakers; however, its relationship to green innovation, climate change, and sustainable development remains unclear. This study aims to identify green innovation within the context of developing nations to cover this void. Utilizing dynamic capability and stakeholder theory, this research illuminated the significance of green dynamic capability for sustainable development. Using a two-wave research methodology, the sample for this study was comprised of organizations from the Pakistani public sector. This investigation compiled data from 342 top and middle-level employees from the ministry of climate change, the ministry of agriculture, and the capital development authority (CDA). Using SEM SMART-PLS-path modeling to test hypotheses and investigate the model's causal links. Green innovation mediates the positive relationship between green dynamic capabilities and sustainable development, as indicated by the findings. However, neither green dynamic capabilities nor the relationship between green innovation and sustainable development is moderated by climate change. The findings of the study suggest strategies for government organizations to use green innovation in environmental literature. In addition, organizations will collaborate to develop strategies to combat climate change.

Exploring the spatially heterogeneous impacts of industrial agglomeration on regional sustainable development capability: evidence from new energy industries

Exploring the spatially heterogeneous impacts of industrial agglomeration on regional sustainable development capability: evidence from new energy industries

Does ESG Performance Affect Financial Performance? Evidence from Indonesia

Economic, social, and environmental issues are currently becoming major worldwide issues. Geopolitical, social, and economic power streams have focused on ESG goals, encouraging companies, investors, and governments to apply them to every aspect of business. The current constraint is that Indonesian business stakeholders are still typically focused on short-term profits, which are intended to transform towards long-term sustainability. This study examines the effect of ESG performance on corporate financial performance. The primary analysis tool in this study uses panel data regression analysis with the Random Effect Regression Model. The sample was selected from 23 companies listed on the Indonesia Stock Exchange, with an observation period of 2018–2020. The results of this study indicate that the performance of ESG and its sub-dimensions has a positive effect on the financial performance of accounting-based companies as measured using ROA. However, on a market-based proxy with Tobin's Q, ESG performance and its sub-dimensions have not been able to influence the corporate financial performance. Some important reasons companies are involved in environmental, social, and governance activities are to create competitive advantage, reduce company risk, improve market performance, and enhance the company's sustainable development capabilities.

Valuable, Rare, Inimitable, Non-Substitutable of Resources in Building Innovation Capability for Sustainable Development: Evidence from Creative Social Enterprises

Valuable, Rare, Inimitable, Non-Substitutable of Resources in Building Innovation Capability for Sustainable Development: Evidence from Creative Social Enterprises

Integrated governance of the Yangtze River Delta port cluster using niche theory: A case study of Shanghai Port and Ningbo-Zhoushan Port

The integrated governance of port clusters is an important way for economic powers to improve port efficiency and marine economic benefits. As the Yangtze River Delta port cluster is the most densely distributed port cluster with the largest throughput in China's coastal region, further strengthening its integrated governance and enhancing its global influence is a key element of China's strategy to promote the integrated development of the Yangtze River Delta region. We investigate the niches of Shanghai Port and Ningbo-Zhoushan Port, both of which are critical ports in the Yangtze River Delta port cluster. The results show that Shanghai Port is superior to Ningbo-Zhoushan Port in terms of economic contribution, competitiveness, resource utilization, and sustainable development capability. Meanwhile, Ningbo-Zhoushan Port has advantages in natural hardware and resources and has huge development potential. To enhance the economic radiation and international competitiveness of the Yangtze River Delta port cluster, it is necessary to strengthen integrated governance, form a reasonable division of labor among ports, and achieve win‒win cooperation among ports. In addition, the government should strengthen the overall planning of coastal management, improve the functional positioning of each port, strengthen the integrated management of waterways, and promote the innovation of cooperation models between ports. Finally, the integrated management of the ecological environment of the Yangtze River Delta port cluster should be strengthened, especially the integrated cooperation in marine ecological protection.

Evaluation Model of Rural Environmental Sustainable Development Capability Under the Background of Rural Revitalization

Sustainable development cannot be achieved in a society with substantial inequalities in development between rural and urban regions. Sustainability in terms of environmental and human well-being can be attained by applying ecological livability. Agriculture, rural areas, and farmers are crucial for developing countries and their populations. Literature on rural innovation is becoming more neglected as the need for rural regeneration develops. This paper suggests structural equation modeling based on sustainable rural development (SEM-SRD) to build an SRD index system with a universal value based on the interplay between ecological livability and SRD. There are two aspects to sustainable rural development (SRD): ecological sustainability and living sustainability in rural areas. Any country can use a comprehensive quantitative tool to assess its SRD status using the SRD index method. When it comes to environmental sustainability and garbage disposal, the former is green, and the latter is social. With the SRD index method, any nation can utilize a comprehensive quantitative tool to evaluate its SRD status. New perspectives for achieving rural revitalization, antipoverty, and global sustainable development can be gained through the rural innovation system suggested in this paper, which directly adds to the literature in this field. Research shows that agricultural eco-efficiency is substantially greater than rural economic growth, which has a considerable impact on overall rural development, as shown by the findings. For a long time, there has been a huge disparity in the economic growth of different regions of the country. The efficiency of rural development continues to increase with time. The experimental result of the suggested method enhances the inadequate management of RES development, rural development ratio, stability ratio, productivity ratio, and loss of growth in the rural area. Rural areas play an important role in the sustainable development of global society, and therefore, their preservation is necessary.

Does Uncertainty of Trade Environment Promote Green Technological Innovation? Empirical Evidence from China

In recent years, the international environment has changed rapidly, and the uncertainty of the trade environment faced by enterprises has dramatically increased. As a major participant in world trade, the uncertainty of the trade environment has significantly impacted the daily business activities and various behaviors of Chinese manufacturing enterprises. Green technology innovation has also become an important tool for enterprises to enhance their sustainable development ability and improve their ability to cope with changes in the external environment. The change in the trade environment will affect the business development of enterprises. To face the change in the trade environment, enterprises often choose to improve their technology level and increase the added value of their products. In the context of sustainable development, green technology innovation has higher technical strength and is more in line with the requirements of international development, which is strong support for enterprises to cope with the change in the trade environment. However, the current literature is scant on the association between trade uncertainty and green innovation. In this context, this study used the data of Chinese manufacturing listed companies from 2011 to 2020 to empirically analyze the relationship between trade environment uncertainty (UTE) and green technology innovation (GTI) using panel data estimation methods and further explore the related heterogeneity and its impact on sustainable development. The results show that: (1) UTE has a significant positive impact on the GTI of enterprises, and the robustness test verifies these findings. Different kinds of UTE have different effects on enterprise GTI. UTE also has a positive impact on the independent GTI of enterprises. (2) Compared with non-state-owned enterprises, the GTI of state-owned enterprises is more vulnerable to the positive impact of UTE. (3) UTE significantly and negatively impacts enterprises’ business activities and further challenges enterprises’ sustainable development. However, the enterprise’s GTI behavior, especially the substantial GTI, helps mitigate the adverse impact of UTE on the company’s sustainable development. Finally, this paper provides targeted suggestions for enterprises to better cope with UTE and improve their sustainable development capabilities.

Emergy-based sustainability measurement and evaluation of industrial production systems.

The sustainability of industrial production systems is considered to be the key to promoting green transformation and upgrading of manufacturing industry. This study proposes an emergy-based method for the measurement and evaluation of the sustainability of industrial production systems. The method uses emergy as a measure, expresses all types of inputs and outputs of production systems in terms of solar emergy, and constructs indicators for the sustainable evaluation of industrial production systems that account for economic and environmental benefits from the perspectives of system functions, ecology, and sustainability. This method was applied to a disc cam machining system at a machinery company, where the user was able to quantify the sustainability of the production system and, through feedback, optimise the production process to reduce energy consumption and environmental pollution and improve the sustainability of the production process. The results show that after optimization, the emergy yield ratio of the disc cam machining system is increased from 1.45 to 4.32, the environmental load ratio is reduced by 16%, and the emergy-based sustainability index is increased by 85%. The system has long-term sustainable development capability in the future. This study provides a new theoretical perspective on sustainability assessments of industrial production systems, and our findings provide a scientific basis for guiding the sound operation and sustainable development of industrial production systems.