Search Results (383)

The goals of the European Union towards the energy transition imply profound changes in the energy field, so as to promote sustainable energy development while fostering economic growth. To achieve these changes, the incorporation of sustainable technologies supporting decentralisation, energy efficiency, renewable energy production, and demand flexibility is of vital importance. Blockchain has the potential to change energy services towards this direction. To optimally exploit blockchain, innovative business models need to be designed, identifying the opportunities emerging from unmet needs, while also considering potential risks so as to take action to overcome them. In this context, the scope of this paper is to examine the opportunities and the risks that emerge from the adoption of blockchain in four innovative business models, while also identifying mitigation strategies to support and accelerate the energy transition, thus proposing optimal approaches of exploitation of blockchain in energy services. The business models concern Energy Performance Contracting with P4P guarantees, improved self-consumption in energy cooperatives, energy efficiency and flexibility services for natural gas boilers, and smart energy management for EV chargers and HVAC appliances. Firstly, the value proposition of the business models is analysed and results in a comprehensive SWOT analysis. Based on the findings of the analysis and consultations with relevant market actors, in combination with the examination of the relevant literature, risks are identified and evaluated through a qualitative assessment approach. Subsequently, specific mitigation strategies are proposed to address the detected risks. This research demonstrates that blockchain integration into these business models can significantly improve energy efficiency, reduce operational costs, enhance security, and support a more decentralised energy system, providing actionable insights for stakeholders to implement blockchain solutions effectively. Furthermore, according to the results, technological and legal risks are the most significant, followed by political, economic, and social risks, while environmental risks of blockchain integration are not as important. Strategies to address risks relevant to blockchain exploitation include ensuring policy alignment, emphasising economic feasibility, facilitating social inclusion, prioritising security and interoperability, consulting with legal experts, and using consensus algorithms with low energy consumption. The findings offer clear guidance for energy service providers, policymakers, and technology developers, assisting in the design, deployment, and risk mitigation of blockchain-enabled business models to accelerate sustainable energy development. Full article

Background: Rapid urbanization has intensified the challenges of freight transport, particularly in last-mile (LM) delivery, leading to rising costs and environmental externalities. Autonomous vehicles (AVs) have emerged as a promising innovation to address these issues. While much of the existing literature emphasizes business and operational perspectives, this study focuses on the acceptance of AVs from the standpoint of e-consumers—individuals who make purchases via digital platforms—in an emerging market context. Methods: Grounded in an extended Unified Theory of Acceptance and Use of Technology 2 (UTAUT2), which is specifically suited to consumer-focused technology adoption research, this study incorporates five constructs tailored to AV adoption. Structural Equation Modeling (SEM) was applied to survey data collected from 304 e-consumers in Northeast Brazil. Results: The findings reveal that performance expectancy, hedonic motivation, and environmental awareness exert significant positive effects on acceptance and intention to use AVs for LM delivery. Social influence shows a weaker, yet still positive, impact. Importantly, price sensitivity exhibits a minimal effect, suggesting that while consumers are generally cost-conscious, perceived value may outweigh price concerns in early adoption stages. Conclusions: These results offer valuable insights for policymakers and logistics providers aiming to implement consumer-oriented, cost-effective AV solutions in LM delivery, particularly in emerging economies. The findings emphasize the need for strategies that highlight the practical, emotional, and environmental benefits of AVs to foster market acceptance. Full article

Strengthening climate resilience constitutes a foundational approach through which cities adapt to climate change and mitigate associated environmental risks. However, research on the influence of economic policy environments on climate resilience remains limited. Guided by institutional theory and dynamic capability theory, this study employs a panel dataset comprising 272 Chinese cities at the prefecture level and above, covering the period from 2009 to 2023. It constructs a composite index framework for evaluating the green business environment (GBE) and urban climate resilience (UCR) using the entropy weight method. Employing a two-way fixed-effect regression model, it examined the impact of GBE optimization on UCR empirically and also explored the underlying mechanisms. The results show that improvements in the GBE significantly enhance UCR, with green innovation (GI) in technology functioning as an intermediary mechanism within this relationship. Moreover, climate policy uncertainty (CPU) exerts a moderating effect along this transmission pathway: on the one hand, it amplifies the beneficial effect of the GBE on GI; on the other hand, it hampers the transformation of GI into improved GBEs. The former effect dominates, indicating that optimizing the GBE becomes particularly critical for enhancing UCR under high CPU. To eliminate potential endogenous issues, this paper adopts a two-stage regression model based on the instrumental variable method (2SLS). The above conclusion still holds after undergoing a series of robustness tests. This study reveals the mechanism by which a GBE enhances its growth through GI. By incorporating CPU as a heterogeneous factor, the findings suggest that governments should balance policy incentives with environmental regulations in climate resilience governance. Furthermore, maintaining awareness of the risks stemming from climate policy volatility is of critical importance. By providing a stable and supportive institutional environment, governments can foster steady progress in green innovation and comprehensively improve urban adaptive capacity to climate change. Full article

This paper explores the intervening role in SEP performance of corporate environmental, cultural, and ethnic activities (ECEAs) and diversity, equity, inclusion, and social initiatives (DEISIs) on blockchain adoption (BCA) strategy, particularly useful in the Western Balkans (WB), which demands transparency due to extended fraud and ethnic complexities. In this domain, a question has been raised: In BCA strategies, is there any correlation between SEP performance and ECEAs and DEISIs in a mediating role? A serial mediation model was tested on a dataset of 630 WB and EU companies, and the research conceptual model was validated by CFA (Confirmation Factor Analysis), and the SEM (Structural Equation Model) fit was assessed. We found a statistically sound (significant, positive) correlation between BCA and ESG success performance, especially in the innovation and integrity ESG performance success indicators, when DEISIs mediate. The findings confirmed the influence of technology, and environmental, cultural, ethnic, and social factors on BCA strategy. The findings revealed some important issues of BCA that are of worth to WB companies’ managers to address BCA for better performance. This study adds to the literature on corporate blockchain transformation, especially for organizations seeking investment opportunities in new international markets to diversify their assets and skill pool. Furthermore, it contributes to a deeper understanding of how DEI initiatives impact the correlation between business transformation and socioeconomic performance, which is referred to as the “social impact”. Full article

The introduction of mobile banking is essential in today’s financial sector, where technological innovation plays a critical role. To remain competitive in the current market, businesses must analyze client attitudes and perspectives, as these influence long-term demand and overall profitability. While previous studies have explored general adoption behaviors, limited research has examined how individual factors such as social influence, lifestyle compatibility, financial technology self-efficacy, and perceived usage cost affect mobile banking adoption among specific generational cohorts. This study addresses that gap by offering insights into these variables, contributing to the growing literature on mobile banking adoption, and presenting actionable recommendations for financial institutions targeting younger market segments. Using a structured questionnaire survey, data were collected from both users and non-users of mobile banking among the Gen Z population in the United States. The regression model significantly predicts mobile banking adoption, with an intercept of $-0.548$ ($p < 0.001$). Among the independent variables, perceived cost of usage has the strongest positive effect on adoption ($B=0.857$, $\beta =0.722$, $p < 0.001$), suggesting that adoption increases when mobile banking is perceived as more affordable. Social influence also has a significant positive impact ($B=0.642$, $\beta =0.643$, $p < 0.001$), indicating that peer influence is a central driver of adoption decisions. However, self-efficacy shows a significant negative relationship ($B=-0.343$, $\beta =-0.339$, $p < 0.001$), and lifestyle compatibility was found to be statistically insignificant ($p=0.615$). These findings suggest that reducing perceived costs, through lower fees, data bundling, or clearer communication about affordability, can directly enhance adoption among Gen Z consumers. Furthermore, leveraging peer influence via referral rewards, Partnerships with influencers, and in-app social features can increase user adoption. Since digital self-efficacy presents a barrier for some, banks should prioritize simplifying user interfaces and offering guided assistance, such as tutorials or chat-based support. Future research may employ longitudinal designs or analyze real-life transaction data for a more objective understanding of behavior. Additional variables like trust, perceived risk, and regulatory policies, not included in this study, should be integrated into future models to offer a more comprehensive analysis. Full article

The age of entrepreneurship calls for the evolving of learning and development (L&D) models to meet the dynamic demands of innovation, sustainability, and technology innovation. This study examines the trends and issues of L&D models for entrepreneurs, more so focusing on how these models influence business success in a rapidly changing global landscape. The research employs bibliometric analysis, VOSviewer cluster analysis, and co-citation analysis to explore the literature from 1994 to 2024. Data collected from the Web of Science Core Collection database reflect significant trends in entrepreneurial L&D, with particular emphasis on the use of digital tools, sustainability processes, and governance systems. Findings emphasize the imperative role of L&D in fostering entrepreneurship, more so in areas such as digital transformation and the adoption of new technologies. The study also identifies central regions propelling this field, such as UK and USA. Future studies will be centered on the role of digital technologies, innovation, and green business models within entrepreneurial L&D frameworks. This study provides useful insight into the future of L&D within the entrepreneurial domain, guiding academia and companies alike in the planning of effective learning strategies to foster innovation and sustainable business growth. Full article

The digital business environment is rapidly evolving with advancements in information technology (IT), increasing the risk of information security incidents. Grounded in the resource-based view and in contingency theory, this study adopts a different approach from prior research by conceptualizing security management activities not as mere risk control mechanisms, but as strategic innovation drivers that can enhance corporate performance (sales revenue and operating profit). The authors develop a research model with six independent variables, including internal and external security management activities, CISO role configuration (independent or dual-role with CIO), and investment levels in IT and information security. The dependent variables include sales revenue and operating profit, with ISMS or ISO certification as a moderating variable. Using information security (IS) disclosures and financial data from 545 Korean firms that have reported their security management activities to the Ministry of Science and ICT, multiple regression and moderation analyses reveal that high IT investment negatively impacts performance, but this effect is mitigated when formal security systems, like ISMS or ISO, are in place. The results suggest that integrating recognized security frameworks into management strategies can enhance both innovation and financial outcomes, encouraging a proactive approach to security management. Full article

This study discusses the role of organizational pro-environmental behavior in driving sustainable development. Studies of green practices highlight their capacity to achieve ecological goals while delivering economic sustainability with business strategies for sustainable businesses and advancing environmental sustainability law. It also considers how the development of artificial intelligence, resource management, big data analysis, blockchain, and the Internet of Things enables companies to maximize supply efficiency and address evolving environmental regulations and sustainable decision-making. Through digital technology, businesses can facilitate supply chain transparency, adopt circular economy practices, and produce in an equitable and environmentally friendly manner. Additionally, intelligent business management practices, such as effective decision-making and sustainability reporting, enhance compliance with authorities while ensuring long-term profitability from a legal perspective. Integrating business innovation and digital technology within legal entities enhances economic efficiency, reduces operational costs, improves environmental sustainability, reduces paper usage, and lowers the carbon footprint, creating a double-benefit model of long-term resilience. The policymakers’ role in formulating policy structures that lead to green digital innovation is also to ensure that economic development worldwide is harmonized with environmental protection and international governance. Using example studies and empirical research raises awareness about best practices in technology-based sustainability initiatives across industries and nations, aligning with the United Nations Sustainable Development Goals. Full article

This study addresses the multifaceted challenges inherent in implementing effective smart-city waste-management systems. Recent global trends indicate increased adoption of Industry 4.0 technologies—such as the Internet of Things (IoT), artificial intelligence (AI), and data analytics—to optimize waste collection and processing. The central research question investigates the role of innovative business models and sustainable decision-making frameworks in advancing smart waste management within urban environments. This research integrates three interrelated domains: business-model innovation, smart-city paradigms, and sustainability in waste management. Its novelty lies in synthesizing these domains, conducting a comparative analysis of best practices from leading European smart cities, and proposing a conceptual framework to guide sustainable decision-making. Methodologically, the study employs a systematic literature review, case-study analyses, and the synthesis of theoretical and empirical data. Key findings demonstrate that innovative business models—such as product-as-a-service, circular-economy approaches, and waste-as-a-service—substantially enhance the sustainability and operational efficiency of urban waste systems. However, many cities lack comprehensive strategies for integrating these models, highlighting the necessity for deliberate planning and active stakeholder engagement. Based on these insights, the study offers actionable recommendations for policymakers and urban managers to embed sustainable business models into smart-city waste infrastructures. These contributions aim to promote the development of resilient, efficient, and environmentally responsible waste-management systems in smart cities. Full article

Prior research has focused on the technical and institutional challenges of blockchain adoption. However, little is known about how blockchain ventures claim categorical space in the market and how such domain positioning influences their visibility and evaluation. This study investigates the relationship between strategic domain positioning and market recognition among blockchain-based ventures, with a particular focus on applications relevant to e-commerce, such as non-fungible tokens (NFTs) and decentralized finance (DeFi). Drawing on research on categorization, legitimacy, and the technology lifecycle, we propose a domain lifecycle perspective that accounts for the evolving expectations and legitimacy criteria across blockchain domains. Using BERTopic, a transformer-based topic modeling method, we classify 9665 blockchain ventures based on their textual business descriptions. We then test the impact of domain positioning on market recognition—proxied by Crunchbase rank—while examining the moderating effects of external validation signals such as funding events, media attention, and organizational age. Our findings reveal that clear domain positioning significantly enhances market recognition, but the strength and direction of this effect vary by domain. Specifically, NFT ventures experience stronger recognition when young and less institutionally validated, suggesting a novelty premium, while DeFi ventures benefit more from conventional legitimacy signals. These results advance our understanding of how categorical dynamics operate in emerging digital ecosystems and offer practical insights for e-commerce platforms, investors, and entrepreneurs navigating blockchain-enabled innovation. Full article

Sustainable tourism has become a strategic imperative, particularly in Bali Island, where tourism drives regional economic growth. In this study, we investigate the mediating role of green service innovation in the relationship between the marketing mix and business performance among small and medium-sized enterprises (SMEs) in Bali Island’s tour and travel sector. We seek to understand how sustainability-oriented innovation contributes to enhancing SME competitiveness and long-term performance. A quantitative approach was adopted, using structured survey data from 387 tour and travel business owners registered with the Bali Provincial Tourism Office. Structural Equation Modeling (SEM) was employed to assess both the direct effects of the marketing mix on business performance and the indirect effects mediated by green service innovation. The findings indicate that the marketing mix does not directly influence green service innovation or business performance. However, green service innovation significantly enhances business performance, confirming its mediating role. This suggests that traditional marketing strategies are insufficient unless aligned with sustainability-driven innovation. Green service innovation acts as a strategic resource that strengthens business performance in tourism SMEs. We provide theoretical and practical insights into how integrating sustainability into marketing and operational strategies can enhance SMEs’ competitiveness and support sustainable tourism development. Full article

The Architecture, Engineering, and Construction (AEC) industry is plagued by persistent challenges such as low productivity, cost overruns, and frequent project delays. Integrated Project Delivery (IPD) has emerged as a potential solution, offering collaborative approaches to improve project outcomes. This study proposes a two-tiered methodology for evaluating the disruptiveness of innovations in the AEC industry, with a particular focus on IPD as a disruptive innovation. In the first tier, a multidimensional framework is developed to systematically assess the disruptiveness of innovations in the AEC sector. This framework, informed by a thorough literature review and disruptive innovation theory, includes dimensions such as business models, processes, and anticipated outcomes. The second tier applies the framework by analyzing the disruptiveness of IPD. The assessment draws on data from three comprehensive studies, including ethnographic research, interviews, and focus groups, which examine IPD’s impact on different stakeholder groups such as clients, consultants, and contractors. Findings reveal that IPD has the potential to significantly disrupt traditional business models, processes, and project outcomes, particularly at the project level. Notable disruptive characteristics include shifts in collaboration dynamics, redefined project financing models, and improved efficiency. However, several barriers hinder IPD adoption, including resistance to change and misalignment with conventional contractual structures. Expert interviews support these results, indicating that IPD represents a fundamental shift in the AEC industry. This research contributes to the existing body of knowledge by offering a structured framework for assessing the disruptiveness of AEC innovations and demonstrating its practical application. In this way, AEC organizations, projects, and practitioners can better strategize for the adoption of any new disruptive innovation and thus pursue a strategic advantage in the highly competitive industry market. Full article

This study investigates the impact of tokenomics and the integration of blockchain technology on China’s digital economy, focusing on how blockchain adoption influences traditional business models. As China becomes a global leader in digital transformation, understanding the role of the blockchain in economic modernization is critical. The aim of this research is to quantify the effects of blockchain adoption on key economic indicators such as GDP growth, investment levels, and business innovation. Using panel data analysis and regression models, this study provides empirical evidence on the positive correlation between blockchain integration and improved economic performance. Key results reveal that a 1% increase in blockchain adoption is associated with a 0.3% rise in GDP growth, while tokenization contributes significantly to investment levels and business innovation. These findings emphasize the transformative potential of the blockchain in enhancing economic stability, increasing liquidity, and fostering new business opportunities. In conclusion, this research highlights the critical role of the blockchain and tokenomics in driving economic modernization in China, offering valuable insights for policymakers, business leaders, and investors aiming to leverage digital technologies for sustainable growth. Future research should explore the broader global implications of blockchain adoption and tokenomics in emerging markets. Full article

Organizational behavior examines the interactions of individuals and groups within businesses, while human resource management (HRM) focuses on enhancing workforce efficiency through recruitment, training, and employee relations. The success of an organization depends on the relationship between employee engagement and performance, as engaged individuals enhance productivity and innovation. This study aims to conduct a comprehensive bibliometric analysis of the academic research on the relationship between artificial intelligence (AI), employee engagement, and performance. This study highlights trends, countries, sources, and keywords in this field. The authors analyzed 11,291 articles in the first phase, 42,358 articles were analyzed in the second phase, and 606 articles were analyzed in the third phase. This study highlights the growth of the research in this area and identifies the most productive years and regional contributions. The citation analysis is used to identify the relevant research and renowned authors. This study also addresses ethical concerns related to the implementation of artificial intelligence (AI) in the workplace. This study indicates theme variations among national contributions, highlighting differing socio-cultural and theoretical perspectives on AI adoption in HRM, from behavioral leadership models to efficiency-oriented frameworks. In summary, this bibliometric study provides valuable insights into the evolution of the research topics related to AI’s impact on employee engagement and productivity, spanning multiple disciplines, such as psychology, organizational behavior, and computer science. It is relevant for the researchers, practitioners, and businesses interested in understanding and utilizing AI in the workplace. Full article

Generative artificial intelligence (GenAI) is a tool that can be applied to virtually all aspects of business and life, including the construction industry. However, the adoption of GenAI in the construction industry, as with other innovations, is slow, and many of its applications thus far have been rather simplistic or failed to deliver a useful, credible output. There is a limited understanding of how GenAI is adopted in current practice and its potential to improve future practice in architecture, engineering, construction, and operations (AECO). Using a systematic literature review approach, this study aims to map the current issues in applying GenAI. The literature review initially identified 1013 peer-reviewed articles from ProQuest, Scopus, and Web of Science. The articles were further filtered based on specific criteria, resulting in 28 articles being retained for thematic analysis. The findings show a cluster of patterns in which GenAI is being adopted and shows promise. The core themes identified are as follows: (1) project brief, (2) architectural design, (3) building information modelling, (4) structural design, (5) construction and demolition, (6) operations, and (7) urban governance. A typical trend noted in the AECO industry has been training AI models that achieve quicker results, improve quality, and use fewer resources. Full article