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Does R&D intensity promote firm adoption of circular supply chain management? Evidence from the emerging market of China

Yan, J. and Chen, X. and Chen, L. and Jiang, M. (2021) 'Does R&D intensity promote firm adoption of circular supply chain management? Evidence from the emerging market of China.', Industrial Marketing Management, 99 . pp. 153-166.

Abstract

This paper explores the relationship between research and development (R&D) intensity and circular supply chain management (CSCM) adoption of high-tech manufacturing companies in China to deepen our understanding of how to improve CSCM adoption in emerging economies. In particular, we examine the moderating effect of three kinds of institutional pressures (i.e., regulatory pressure from governmental regulations, mimetic pressure from industry competition, and normative pressure from overseas customer demand) from the perspective of institutional theory. Based on the panel data of 310 Chinese listed companies from 2006 to 2019, we find that R&D intensity positively affects firms’ CSCM adoption. We further observe that this positive effect is strengthened when the ratio of state-owned shares or the degree of industry competition is higher. However, overseas operating income does not affect the impact of R&D intensity on CSCM adoption. Our study contributes to the literature on the innovation – circular economy debate, confirming the positive effect of R&D intensity on firms' CSCM adoption, and provides insights into moderating effects on this relationship in an emerging economy context.

Item Type:Article
Full text:Publisher-imposed embargo until 05 May 2023.
(AM) Accepted Manuscript
Available under License - Creative Commons Attribution Non-commercial No Derivatives 4.0.
File format - PDF
(383Kb)
Status:Peer-reviewed
Publisher Web site:https://doi.org/10.1016/j.indmarman.2021.10.015
Publisher statement:© 2021 This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/
Date accepted:29 October 2021
Date deposited:19 November 2021
Date of first online publication:05 November 2021
Date first made open access:05 May 2023

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