International Journal of Innovation and Sustainable Development (33 papers in press)
Integrating innovation and sustainability into tour operator business
by Salmi Mohd Isa, Maisarah Abd Hamid, Shaian Kiumarsi, Amar Hisham Jaaffar
Abstract: A considerable amount of attention has been paid to the sustainable development of the tourism industry and yet research on the role of tour operator has remained limited. The tour operator has important roles in destination management for sustainable tourism. Given that the empirical study of destination management for sustainable tourism is in an undeveloped state, this research describes efforts to prove its mediator role between perceived innovation characteristics and business sustainable orientation towards tour operator roles. Based on a study among 228 tour operator roles in Malaysia, the analyses reveal that sustainable destination management enhances a positive relationship with perceived innovation characteristics and sustainable business orientation on tour operator roles. In this regard, it is proposed that the perceived innovation characteristics and sustainable business orientation, as well as the destination management, are manifestation of sustainable development that influence tour operator to perform their role more sustainable in tourism industry.
Keywords: perceived innovation; sustainable business orientation; sustainable destination management; tour operator roles; sustainable tourism,
Teaching sustainable energy systems to engineering students
by Giorgio Locatelli
Abstract: This paper presents the learning outcomes, syllabus, delivery, and assessment strategy for a module of Sustainable energy systems for master-level engineering students. The paper is based on three stages of action research. The first stage is a critical reflection on the planning and the process, based on the experience in delivering the original module and literature review. The second stage is based on semi-structured interviews of 4th-year students, focused on the collection of feedback to improve the module. The third stage is the redesign and peer-review of the module. The key outcome of this work is an approach which further enables students to move from surface learning to a more profound deep learning. Further steps forward toward a true constructivism are also envisaged. Several enhancements are discussed, including an improved syllabus, new methods of delivery, fine-tuning of the learning outcomes, and finally revisiting the assessment strategy.
Keywords: sustainability; energy systems; deep learning; constructivism; energy projects; energy project; energy infrastructure.
Reconceptualizing Ecological Fiscal Transfers to Sustainable Development Perspective
by Felipe De Paulo, Ivo Pedrosa, Pedro Camões
Abstract: Ecological fiscal transfers (EFTs) is a policy schema that uses ecological indicators to allocate revenues to local governments. Such intergovernmental fiscal transfers are also suited to address social policies, such as the protection of indigenous land and the reduction of infant and child mortality rates. This study offers a new conceptualization of EFT to achieve sustainable local development that brings together economic, ecological, and social perspectives. Framed on the theories of environmental federalism, fiscal federalism, and public policy, this paper unfolds the concept of sustainable fiscal transfers (SFTs) rather than the more conventional EFTs. SFTs expand the potential of the ecological fiscal transfer to other policies, functioning as a policy tool to reach goals in social, economic and environmental policies at the local level. In order to illustrate this new conceptualization, it describes the SFTs as a Brazilian state policy.
Keywords: Ecological Fiscal Transfers; Sustainable Fiscal Transfers; Sustainable Development; Fiscal Federalism; Brazil.
A study on individualistic and collectivist factors inducing career choice of management students in India
by Navneet Gera, Noopur Saxena
Abstract: The study intends to find out the order of importance for factors that influence the career choice of students undergoing management course in India. The effect of individualistic factors as well as collectivist factors on students decisions regarding career choice is analysed, along with the study of cultural values and career orientation. 120 management students who were from their first year, from management institutes in India were surveyed through a self-designed questionnaire. The findings of factor analysis suggest that individualistic capabilities consisting of skill competencies play key role in setting the direction for career choice. The next preference is students own family members and social network and equally important is the role of institutional mentors in shaping their career. Finally, they look forward to the status and salary. The study recommends the need of training for faculty providing career guidance, to direct the youngsters undergoing management course.
Keywords: careers; career guidance; management students; choice; individualistic factors; collectivist factors; career orientation.
Health Risk Assessment of Heavy Metals in Earthen Pond Raised African catfish (Clarias gariepinus) in Lagos State, Nigeria
by Ademola Michael Akinsorotan
Abstract: The provision of safe aqua foods is of great importance to achieving sustainable growth and healthy living in developing countries. Hence, the associated health risks of heavy metals in earthen pond raised African catfish (Clarias gariepinus) were assessed in Lagos State, Nigeria. 27 fish samples (400.85g each) were acquired from farms in the sampling areas. Heavy metals and the associated health risk indices were determined using atomic absorption spectrometer, health quotient (HQ), health risk index, and total health quotient according to standard methods. Results indicated that most concentration of the heavy metals (Al, Cr, Co, Cu, and Pb) detected in African catfish raised in earthen ponds in Lagos metropolis, Nigeria, were within acceptable limit except for Fe and Mn that were beyond the permissible levels. Health quotient estimated for all the heavy metals in C. gariepinus were equally below 1 for all the age categories. This implies that the entire population estimated in the Lagos Metropolis would not experience toxicity of metals such as Al, Co, Cr, Cu, Fe, Mn, and Pb in their lifetime due to the consumption of African catfish raised in earthen ponds in Lagos, Nigeria. The health quotient estimated for children (0.1053) in Alimosho was the highest among the population while the least HQ was recorded for adults and teenagers in Badagry respectively. The highest total health quotient was recorded among children (0.3687) in Ibeju-Lekki while the lowest was estimated for adults (0.1080) in Alimosho, Lagos, Nigeria. This study revealed that the cumulative effect of all the metals in African catfish raised in earthen ponds in Lagos, Nigeria cannot create any carcinogenic risk in humans. Therefore, existing and prospective consumers within and outside the Lagos Metropolis can continue to depend on the fish farms in the city for a safe and healthy supply of African catfish.
Keywords: African catfish; heavy metal; health quotient; health risk index; Lagos; Nigeria.
Life Satisfaction Model of Intention to Contribute in Sustainability: Through the Lenses of Servant Leadership Theory
by Rinki Dahiya
Abstract: The responsibility of a sustainable tomorrow lies on the shoulders of teachers. Recognizing its importance, the present study aims to develop and test a life satisfaction model of intention to contribute in sustainability through the lenses of servant leadership theory. The sample consists of 263 full-time permanent teachers working in selected Government Technical Institutes/Universities of India. The data was analyzed with structural equation modelling. The findings reveal that benevolence, interpersonal forgiveness and affect significantly contribute toward enhanced life satisfaction which in turn influence the intention to contribute in sustainability. There is a partial mediating effect of interpersonal forgiveness on the link between benevolence and life satisfaction. The present study emphasizes that counselling services in universities may develop and implement psycho-educational training programs focusing on benevolence, forgiveness, affect balance and life satisfaction to develop intentions to contribute toward sustainability.
Keywords: Benevolence; interpersonal forgiveness; positive affect; negative affect; life satisfaction; intention to contribute in sustainability; servant leadership theory.
Barriers to the adoption of sustainable standards by consumer goods companies: a conceptual model
by Denise Dalmarco, Kavita Hamza
Abstract: Sustainable standards are a potential way to leverage sustainable production, but there are several barriers to their adoption on a larger scale. Several of these barriers are already known, but to date, no study has sought to consolidate them. To fill this gap, we conducted fifteen interviews with Brazilian managers of consumer goods companies, certification/standardization bodies, and suppliers of raw materials. The analysis resulted in a consolidated table of barriers and a conceptual model that establishes the relationships between different stakeholders and the respective barriers. We found that consumer goods companies face barriers that are mainly related to their relationships with suppliers and standardization bodies, in addition to internal issues. Our study contributes to a better understanding of how the corporate environment takes into account sustainable standards and can be useful to distinct stakeholders.
Keywords: Sustainable supply chain management; marketing management; sustainable labels; voluntary sustainability standards and labels (VSSLs); barriers; stakeholders.
ENHANCING INNOVATION ACTIVITIES IN THE TRANSITION PROCESS TOWARDS RENEWABLE ENERGY MUNICIPALITIES
by Wolfgang Gerstlberger, Alex Pedrosa, Uwe Cantner, Tobias Kesting
Abstract: Municipalities are more and more facing economic and technological challenges to prepare themselves and their regions to be supplied completely or to a high degree with renewable energy. Thus, municipalities seek for opportunities to stimulate activities that contribute to this transition process. The main goal of this research is to identify factors that enhance innovation activities in municipalities for the renewable energy transition process. To accomplish this aim we conducted a municipality survey in spring 2012. The survey covered all municipalities in Germany with more than 1,000 inhabitants. The overall results of our study demonstrate that a combination of the resource pool and willingness to cooperate drives the transition process in terms of innovation activities in municipalities. Further regional learning mediates this relation. Our findings contribute to the literature by clarifying the factors in municipal projects that positively relate to innovation activities of municipalities in the transition process towards renewable energy.
Keywords: Renewable energy; transition process; municipalities; innovation activities; regional learning; survey.
Social sustainability as a consequence of corporate social innovation practices: highlighting the main factors at private companies
by Luana Folchini Da Costa, Fabiano Larentis, Mayron Dalla Santa De Carvalho
Abstract: This paper explores and describes corporate social innovation (CSI) and its relationship with social sustainability (SS) through a multiple case study, in which social practices carried out by for-profit organisations are analysed. We have highlighted the factors of social innovation considered as a basis to verify the existence of CSI processes: objectives and motivations, social actors, implementation process and results. CSI has been evidenced as a prerequisite to achieve SS objectives and it should be intrinsic to the business model without resulting in loss of profitability and competitiveness. CSI can be both a result and a condition when business models and operations are considered.
Keywords: CSI; corporate social innovation; social sustainability; private companies; multiple case studies; corporate sustainability; sustainable
To elicit youth preferences for travel packages: A conjoint approach
by Vikas Nath, Mayur Taneja, Noopur Saxena
Abstract: Tourism sector is growing magnificently. The best way for the travellers to explore a destination is through travel packages. Since the young generation are frequent traveller, an attempt has been made to investigate the effect of various tour package attributes on younger generation willingness to purchase the tour package. The paper examined factors namely, payment preference, budget, days, destination, mode of transport and motivation to purchase, in influencing youth preference towards various travel packages in Delhi/NCR region. 180 respondents were surveyed. Conjoint analysis has been applied to examine the importance that youth attached to different factors and to various attributes within different factors. The finding of this study recognized the perfect combination of attributes that should be offered to the customers in order to satisfy them. This will help the marketers to offer the best deal which will attract the customers and also maximize customer retention.
Keywords: Travel packages; Conjoint analysis; Young Generation; All-Inclusive package.
Sustainable organisational performance through lean implementation regimen emanating from product innovation factors: a study in Indian context
by Protik Basu, Sanyka Banerjee, Bhaskar Bhowmick, Pranab K. Dan
Abstract: This research paper is a study on sustainable organisational performance through application and implementation regimen of lean manufacturing (LM). This work explores the impact of Product Innovation (PI) factors in LM implementation. For an effective LM mission, it is essential to focus on the pre-manufacturing phase which is the PI stage. The impact of LM on sustainable organisational performance, conceived as satisfaction of customer and that of internal objectives, can be realised if the issues are addressed at the PI stage. Based on literature survey, a structural framework is conceptualised, followed by design of the questionnaire, sampling, data collation and validation of the proposed model by an empirical research in the Indian manufacturing sector. The results of the structural model reveal that three out of four PI factors significantly affect LM implementation that has a positive impact on customer satisfaction and fulfilment of internal objectives, thus achieving sustainable organisational performance.
Keywords: lean manufacturing; product innovation; lean constructs; lean benefits; lean implementation; structural equation modelling; sustainable organisational performance.
Innovative green employees: The drivers of corporate eco-innovation?
by Marc Schmidt-Keilich, Anke Buhl, Elisabeth Süßbauer
Abstract: Previous studies have increasingly referred to the green employee as a promising resource for eco-innovation. However, as the concept was only vaguely defined until recently, empirical research is missing. Thus, this paper explores innovative green employees and their potential for eco-innovation, based on interview data from four green German companies of a small to medium size. We find that such employees mainly contribute to corporate eco-innovation by generating and discussing pro-environmental ideas. In our sample, these ideas mainly revolve around fostering eco-friendly consumption at the workplace. Further, our results suggest that innovative green employees contribute to corporate greening by transforming the values and behaviors of colleagues as environmental role-models and opinion leaders. To this end, they draw on their environmental knowledge, professional and private networks, authenticity and credibility as well as on the dialogue culture present in their company.
Keywords: Eco-innovation; employee innovation; green employee; environmental green behavior; corporate greening.
How Industrial Symbiosis Emerges through Partnerships: Actors, Platforms, and Stakeholder Processes Leading to Collaborative Business Models in Port Industrial Areas
by Lucia Mortensen, Louise Kringelum, Allan Næs Gjerding
Abstract: The present paper explores how industrial symbiosis emergence unfolds within port industrial areas. A multiple case study shows how industrial symbiosis emerges through partnering and stakeholder processes that take the form of collaborative business models. Focusing on actors, platforms for collaboration, and content of stakeholder processes, the study identifies drivers for industrial symbiosis emergence, including the importance of geographical proximity and ag-glomeration, which identify port industrial areas as natural habitats for industrial symbiosis. A defining characteristic of industrial symbiosis emergence within port industrial areas is the collec-tive effort of actors to bridge economic, environmental, and social objectives across private and public sectors. Finally, the paper suggests that future research on industrial symbiosis and the emergence thereof within port industrial areas may benefit from insights into corporate social responsibility and the emerging field of servitization.
Keywords: Industrial symbiosis; industrial symbiosis emergence; partnerships; sustainability; port indus-trial areas; collaborative business models.
Splitting up Dhaka city: rationales, challenges and prospects as a sustainable city
by Md. Wahid Murad, Md. Mahmudul Alam, Shawon Muhammad Shahriar
Abstract: The objective of this study is to analyse the rationales, challenges and prospects of Dhaka City being split up, for the purposes of creating a sustainable city grounded in relevant theories and widely used and accepted standards. We cited the opinions of urban planners and politicians and referred to relevant theories and standards to achieve this objective. An assessment of Dhaka being divided in accordance with the concept of city development strategies (CDS) reveals considerable deficiencies in most aspects of public goods and services provisions. Whilst splitting Dhaka into separate sections supports the World City Hypothesis it is not without criticisms. Resource constraint and oversight to address those deficiencies make it very difficult for Dhaka's authorities to achieve sustainable urbanisation. Therefore, stringent decisions and appropriate strategies should be implemented by the Bangladeshi government to resolve these deficiencies and mismanagement to make the city both liveable and sustainable.
Keywords: Dhaka city; sustainable city; city split; CDS; city development strategies; sustainable urbanisation; world city hypothesis.
Integration of lean and green management: a bibliometric analysis
by Andrés Muñoz-Villamizar, Javier Santos
Abstract: Lean and green are major, compatible management initiatives because of their joint focus on waste reduction, efficient use of resources and emphasis on satisfying customer needs at the lowest possible cost (economic and environmental). From this angle, this paper presents a bibliometric analysis of the integration of lean and green management. To that end, this paper analyses 685 research papers retrieved from the Scopus database using the following parameters: year of publication, discipline, source, institution, country and citations. This final dataset was composed of articles from scientific journals published between 1992-2018. Furthermore, VOSviewer software was used to map the bibliographic material using the coupling of countries and the co-occurrence of keywords. The analysis indicates that research on lean and green topics has increased in recent years, and that moreover the topic is structured into three clusters: 1) manufacturing; 2) energy, emissions and costs; 3) Lean Six Sigma. These highlights can facilitate the development of future research on this topic.
Keywords: lean; green; bibliometric analysis; Scopus; VOSviewer.
Special Issue on: EDaSS VII Knowledge and Sustainability Reflections to Achieve Balanced Societies
The influence of media exposure and trust on youth attitude towards greener Tainan
by Tamer Z. Fouad, Chia-Hua Chang, Yu-Chuan Huang
Abstract: Urban pollution is getting catastrophic in Asia-Pacific (APAC), especially for industrial countries like Taiwan. This paper tries to explore and assess the role of media and trust in promoting green attitude in Tainan. This quantitative pilot study with structured questionnaires is based on 81 valid responses from local and foreign students in four major universities in Tainan. The results exhibit that correlations do exist between green media exposure and trust, and, trust and attitude. However, correlation between media exposure and attitude is not validated. Therefore, this paper has proved that trust is a mediator between media and attitude. It is also shown that young adults in Tainan could be affected by green media to have more trust toward green products, which in turns can positively affect green attitude. Although this research has limitations, its novelty can still be treated as a guiding preliminary study and contribute to future research.
Keywords: green marketing and advertising; sustainability; Taiwan; green technology adoption; EFA; exploratory factor analysis; stepwise regression; environmental reform.
Sustainable business model innovation and ethics: A conceptual review from the institutional theory addressing (un)sustainability
by Alberto Peralta, Laura Gismera
Abstract: Being this a period when human activities and creations profoundly alter many geological conditions and processes, here we conceptualise how the sustainable innovation of business models acts as yet another lever for the dissemination of human misbehaviours against the planet and its ecosystems. Departing from the Institutional Theory approach to entrepreneurship and sustainability, we identified institutional and ethical standards and norms that allow a better understanding of the institutional logic behind sustainable business model (SBM) innovation, how it is formed and its consequences in terms of inequity, oppression and exclusion. We have linked those standards with 12 constructs that can guide further empirical analyses; incubators, trainers, investors and policy makers could use them to support entrepreneurs avoid planet challenges and enhance human and non-human ecosystems.
Keywords: SBMs; sustainable innovation; sustainable business models; institutions; values; ethics; anthropocene; entrepreneurship; ecosystems; inequity; exclusion; planet boundaries.
Analysis of Social, Environmental and Economic Sustainability Core: A Bibliometric Overview
by Nuria Bautista-Puig, Elba Mauleón, Elías Sanz-Casado
Abstract: Sustainability has become a global concern in the 21st century. However, sustainability is an ambivalent concept that can be interpreted in many ways. In the beginning, it was environmentally-related. Later, however, it was linked to social or economic sustainability, which was known as the triple bottom-line or the three-pillar model (social/economic and environmental sustainability). Later, additional dimensions were incorporated, such as institutional, cultural, or even spatial. As a result of the growth and importance of sustainability, this study provides a comprehensive overview of the core of sustainability. With that aim in mind, we will analyse the following aspects of scientific production: volume of scientific output, primary agents involved (countries, institutions), web of science (WoS) categories, collaborations, acknowledgement patterns, and thematic analysis. The findings in this paper suggest an increasing growth in scientific output in all areas of sustainability, albeit with different patterns (e.g., collaboration, specialisation) among the three pillars.
Keywords: environmental sustainability; social sustainability; economic sustainability; sustainability core; bibliometric indicators; sustainability research; research for sustainable development; scientometrics.
Detecting trends in sustainability publications: research development and dynamics in Green & Sustainable Science & Technology category.
by Andres Pandiella-Dominique, Nuria Bautista-Puig, Daniela De Filippo
Abstract: Although the sustainability movement began to take shape in the early nineteen seventies, it was not until 1987 with the publication of the Brundtland Report that it acquired institutional recognition. The academic communitys engagement with the movement came a few years later in the form of sustainability science, which developed and consolidated in keeping with the dynamics of any new scientific discipline. This review analyses its development based on the papers listed in the Web of Science category Green & sustainable science & technology. The bibliometric methodology used included social network and multivariate analysis focusing on journal, discipline and subject inter-relationships to map and analyse developments in this new field. The main findings identified four clusters of journals with different patterns of development: sustainability, renewable energies, green chemistry and green ecology. Mainstream and emerging subjects were determined on the grounds of co-word analysis.
Keywords: Green and sustainable science and technology; science mapping; sustainability science; emerging trends; scientometrics.
What is the public opinion about universities and sustainability? A social media analysis among Spain and across the world.
by Cecilia Elizabeth Bayas Aldaz, David Duran-Rodas, Leyla Angélica Sandoval Hamón
Abstract: This exploratory study aims to identify, to cluster, and to set an emotional value of the content of tweets including university and sustainability-related terms in Spain in comparison to the rest of the world. For six months, in Spain, 2370 tweets were collected and 53,567 tweets in the rest of the world (English language). To carry out this research, sentiment and topic clustering analyses were applied. The results present key factors that involve the environment, research, and innovation through the role of universities in communities. The outcome also adds an entrepreneurship vision and practical implication of academic knowledge in industries. The conclusions of the present study can be useful to evidence the contribution of universities in their pursuit of a sustainable environment. Our findings will also define important questions to be addressed through the main mission of universities as part of an innovative process of answering new challenges.
Keywords: Twitter; sustainability; social media; university; sentiment analysis; text mining; public opinion; environment.
Special Issue on: AIC 2018 Sustainability in a Multidisciplinary Scenario
Cohesiveness, social justice, and innovativeness with environmental sanitation behaviour
by Yusriani Sapta Dewi
Abstract: This research aimed to observe the relationship between cohesiveness, social justice, and innovativeness with environmental sanitation behaviour on households at Sukakarya, West Java. The method used was survey method with a correlational study by involving 85 samples. There were four instruments which measured environmental sanitation behaviour, cohesiveness, social justice, and innovativeness. Data has been analysed using ANOVA. Research results revealed that there is a positive and significant correlation among those variables, even though it has been controlled by second-order correlation, it is still significant among them. Therefore, it may be concluded that if environmental sanitation behaviour would be improved, then cohesiveness, social justice, and innovativeness should be taken into consideration.
Keywords: cohesiveness; social justice; innovativeness; environmental sanitation behaviour; correlation study; households; preventive healthy; people in village; unhealthy; togetherness.
Social exchange theory in sustainable tourism: a case study from Thailand
by Uraiporn Kattiyapornpong, Chatchasorn Chuntamara, Morakot Ditta-apichai
Abstract: As multi-stakeholders are important in sustainable tourism development (STD), this study applies the social exchange theory (SET) to explain all stakeholders' perceptions towards STD's benefits and impacts on the local community. This paper is part of a larger study that offers better explanation of local leaders and policy-makers' perceptions towards STD as these stakeholders act as the critical initiators or facilitators in a selected tourism site in the local community. A total of ten local leaders and policymakers in Thailand was interviewed and the results were thematically analysed using Nvivo program. Although positive and negative perceptions are anticipated, other insightful results including fostering mutual benefits for all stakeholders in a sustainable way are presented. Sample size, data collection and research methodology are this paper's limitation. Further research should include more data from other stakeholders in order to understand the bigger picture of applying SET in STD.
Keywords: SET; social exchange theory; STD; sustainable tourism development; policy-makers; Thailand; Koh Kret.
Determinants of urban residential water demand in Libya
by Mabroka Mohamed Daw, Elhadi Ramadan Ali, Mohd Ekhwan Toriman
Abstract: This paper analyses the effect of several economic, environmental and social determinants for the per capita demand for water in Libya. In this study, the econometric model based on E-views method, instrumental and ARDL model are applied. The cointegration analysis has shown a significant positive effect of temperature on water demand over the short and long term. Also, there is a positive relationship between rainfall and water demand in the long term and its less impact in the short term. There is a significant positive relationship between urban population and water demand. On the other hand, there is a significant negative effect of income on water demand. Therefore, water demand is inflexible to changes in income. The study demonstrated that there is a negative effect on water price in relation to water demand. The estimated long-term variable of water value is 220.98.
Keywords: urban residential water demand; water resources and situation in Libya; determinants of water demand; econometric.
Building a conducive, engaged, and learning working environment through sustainable and impactful organisational culture
by Bradley C.Y. Ho, Norizah Mohd Mustamil, Sharmila Jayasingam
Abstract: A positive working environment that is conducive to engagement and learning among an organisation's employees plays an integral role in the overall success and sustainability of the organisation itself. This study provides an in-depth analysis of using organisational culture as a sustainable tool to bring about lasting changes in the organisational ecosystems that contribute to employee engagement and lifelong learning. Samples from 472 respondents were obtained, and SEM analyses were employed in this study. The empirical results demonstrate that bureaucratic organisational culture has no impact on engagement and lifelong learning among employees. Although innovative organisational culture is the most effective in promoting employee engagement, it does not impact employee lifelong learning disposition. Interestingly, supportive organisational culture negatively impacts engagement, but contributes to workforce lifelong learning (LLL). This research shows that a conducive working environment can be created with proactive nurturing of organisational knowledge as the inherent culture of the organisation.
Keywords: organisational culture; OC; lifelong learning; LLL; employee engagement; EE; working environment; human resource; sustainability; management.
System dynamics to assess the financial impact through the use of recycled kitchen oil in solid waste collection vehicles
by Glauco Oliveira Rodrigues, Eugênio De Oliveira Simonetto, Daniel Luis Arenhardt
Abstract: This paper aims to understand, develop and execute computational models to analyse the cost benefit of the use of different percentages of biodiesel in urban solid waste collection and to verify the biodiesel production viability by organisations. For the models' development, the system dynamics method was used. Mathematically, System Dynamics model is a system of linear equations. Through Vensim software, it was possible to develop, document, simulate, and analyse the models, noting the financial impact caused by waste collection in seven municipalities in southern Brazil. For the modelling, nine scenarios were developed and divided into 3 groups: simulation with different percentages of biodiesel, simulation using BIOBOT 20 processor, and simulation through a plant construction by the company. As a result, it was found that, in the long term, the best scenario for the company analysed is the use of BIOBOT 20 processor with 15% biodiesel percentage, followed by the construction of its own plant, also using 15% biodiesel. Results were satisfactory and met the designers' expectations.
Keywords: biodiesel; complex systems; computational modelling; sustainability; systems dynamics; Vensim.
Special Issue on: ARTEM OCC 2020 Sustainability Multidisciplinary Creativity, Innovation and Sustainability in the Age of Disruptions
LAYTIME AND DEMURRAGE IMPLICATIONS IN VOYAGE CHARTERPARTIES FOR CHEMICAL TANKERS
by Christine Padayachee, Micheline Naude
Abstract: Maritime transportation is one of the worst offenders for air, water pollution, and GHG emissions. Reducing the emissions in shipping is a common goal for all stakeholders involved in the shipping process. The purpose of this paper was to explore the implications of the laytime and demurrage provisions when using existing charterparties and to suggest how the areas where charterers are exposed to demurrage can be addressed and thus improve sustainability. A comparative analysis was conducted on selected standard voyage charterparties. The findings revealed various areas that do not protect a charterers interest. It is proposed that in order to solve this challenge a global group consisting of stakeholders be formed to collectively design laytime and demurrage clauses in order to achieve greater sustainability and reduce demurrage. A revised charterparty form for the transportation of chemical liquid bulk chemicals by tankers could then be created.
Keywords: laytime; demurrage; voyage charterparties; chemical tankers.
Entrepreneurial self-efficacy development: an effective intervention for sustainable student entrepreneurial intentions
by Olusegun Awotunde, Thea Van Der Westhuizen
Abstract: Entrepreneurship education to develop graduates entrepreneurial intentions, action and sustainability poses substantial challenges facing the universities and its ecosystems. This is due to systemic disconnects in the relevant ecosystems and the dearth of entrepreneurship development training that increased graduate unemployment level. This study investigated the effect of targeted training intervention (systemic action learning and action research) on entrepreneurship self-efficacy development of university students entrepreneurship intention and action. The article examined the extent to which the application of systemic action learning and action research affect students entrepreneurial self-efficacy and also determine if there is a relationship between the entrepreneurial self-efficacy and entrepreneurship intention and action. The study employed a quantitative design with a structured self-administered questionnaire designed on a 7-point Likert scale for data collection in a longitudinal study with the students of the University of KwaZulu-Natal, South Africa. A purposive (non-probability) sampling technique was adopted for the administration of 230 returned questionnaires to the participants of the longitudinal training project. Data collected were analyzed using inferential statistics (Pearson Product Moment Correlation) to examine the relationship between the constructs via IBM Statistical Package for Social Sciences (SPSS) version 26. The empirical study revealed there is a significant relationship between systemic action learning and action research and students entrepreneurship development, intention and action. The findings provided practical implications and insights for Higher Education Institutions that wish to develop their youth entrepreneurship teaching and learning offering to develop an institution-tailored model such as the SHAPE social technology and apply SALAR to drive the process. In particular, it recommended the establishment of an entrepreneurshial university.
Keywords: Action Learning; Action Research; SHAPE; Entrepreneurial Self-efficacy; Entrepreneurial Intention; Entrepreneurship Education.
Special Issue on: ICSGR 2020 Achieving Sustainability through Corporate Social Responsibility
Ownership pattern and firm performance: Corporate Governance in Indian Firms
by Daman Jeet
Abstract: Firms are defined by a set-up of associations that represent contractual provisions for financing, capital structure, managerial ownership and recompense. It has been observed from business history that these relationships have disagreements but virtually every party has alleged to the overall objective of good performance of the business. Previous studies have investigated the relationship among various parties within a firm and the impact on performance through agency theory as this theory leads to separation of ownership and control. But the results of previous studies are rather mixed due to disparity in measures of ownership and performance. This study looks for examining performance under different and detailed list of ownerships and composition of board. Using panel data an attempt was made to study the association between ownership pattern and firm performance for all the major industries listed on BSE 500 index.
Keywords: corporate governance; ROA; ROE; Tobin’s Q; BSE.
DYNAMICS OF INDIAN STOCK MARKET VOLATILITY
by Isha Narula
Abstract: The market volatility is one of the most pioneering topics in financial literature. If any potential investor understands the pattern of volatility, the prediction becomes easier and bagging profits becomes convenient. It has been observed that whenever a new piece of information hit the market, investors react in their own respective ways. Given piece of information may or may not be that useful for the prediction purposes. So, this research study is basically focusing on budgetary announcements and their impact on market sentiments and investment behaviour. The present study however, concentrated on volatility clustering before and after the event.
Keywords: market volatility; efficiency; volatility clustering.
Green HRM: A Medium of Social Responsibility and Sustainable Development.
by Nikita Agrawal, Ruby Bansal
Abstract: The key aim of the research is to explore the green human resource management practices in India and to detect the challenges encountered in this context. The research was conducted in two stages namely, through review of literature and then through case study technique in which information was collected from manufacturing organizations as manufacturing sector largely employs natural resources, affecting both social responsibility and sustainability. On analysis the functions of HRM have been specified in the process format along with detailed division of GRM practices. The study brings out major GHRM practices and explains the challenges with measures to overcome them. It thus presents the role of function of HRM towards creating an organization which is green as well as the green HRM practices current trends to ensure social responsibility and sustainability.
Keywords: Green Human Resource Management.
Impact of Learning through Live Projects on Sustainable Employability Generation - Checking Moderating Role of Education; an Empirical Study
by Dr. Madhu Arora, Abha Gupta
Abstract: Purpose: The study will explore the influence of insights or skills developed by doing live projects like developing professionalism, communicating effectively, social accountability and accounting, self-management, analyzing data and using technology on the Sustainable employability trait of the student. Also the moderating effect of the educational qualification on the stated relationship will be explored. The study uses the sample of 454 students from all over the country and performs Structural Equation Modeling to assess the links between learning from doing live projects like like developing professionalism, communicating effectively, social accountability and accounting, self-management, analyzing data and using technology and Sustainable employability. The study finds a significant relationship between live projects and employability. Learning from doing live projects increases the chance of employment for the students. i.e. developing professionalism, communicating effectively, social accountability and accounting, self-management, analyzing data and using technology influence the employability of the student in a statically significant manner. Research limitations /Implications: The study is done with a sample of 454 students focusing only on employability generation. Other factors like leadership quality, teamwork experience, high morale etc have been ignored and can be studied in future researches. Practical Implications: The findings of the study suggest managers/top management of the organization that there is a need to improve the quality of live projects offered to students as live projects directly influence the employability. It also provides insights to the management institutes to motivate their students to undertake more and more live projects. This will generate more employment opportunities to the students and will provide more choices to the students for starting their professional career. Originality: This study contributes in the domain of live projects and suggested live projects as major antecedent for employability generation among students The study establishes the link between learning from live projects and employability along with moderating effect of educational qualification.
Keywords: Live Projects; Sustainable; Employability; Educational Qualification.
ACHIEVING SUSTAINABILITY THROUGH FINANCIAL LITERACY TRAINING
by Swati Puri
Abstract: Minimal is known about the causal impact of financial literacy training on improved financial outcomes. This is due to minimal research being carried out in this regard. This may be attributed to the fact that evaluating the impact of financial education is a daunting task. However, the few studies that have been conducted in different parts of the world indicate that financial literacy programmes can make a difference. It has also been highlighted by few authors that financial literacy i.e. the knowledge regarding money, is linked to sustainable financial behavior of individuals. The present study is thus an attempt to measure the level of financial literacy of retail investors in Delhi and to identify whether there is any significant difference in financial literacy scores of those who attended financial literacy/awareness training/programme and those who did not attend any financial literacy/awareness training/programme. The data has been collected from 350 retail investors approximately half who have attended Financial Literacy Training Programme organized by SEBI or any other such institution and others who have not attended any such programme. The statistical analysis made through Cramers V and students t-test reveals that the mean financial literacy score of those who have attended financial literacy programmes is significantly different from those who have not attended any training.
Keywords: Financial Literacy; Financial Outcomes; Retail investors; SEBI; Training Programmes.
Natural Convergence of Sustainability, Governance and Responsibility A Case Study on CIAL - Indias Green Port
by FILOMINA P GEORGE
Abstract: Sustainability is a comprehensive approach in the management of the organisation. The adoption of social responsibility and good governance as the underlying philosophy of business can lead to sustainable growth. Sustainability evolves through the transformation of the organisation by the creation of long-term value through innovation in response to the challenges encountered that impact the economic, social and environmental setting. The integrative nature of Sustainability with Corporate Social Responsibility(CSR), Environmental care and good Governance ensures safeguarding the triple bottom line that leads to sustainable growth as a natural course. This study illustrates how social responsibility, care for the environment and energy conservation emanate from good governance and innovation and how they form integral parts of the growth agenda at CIAL in its pursuit of sustainability.
Keywords: Keywords: CSR; Sustainability; Governance; Green initiatives; Innovation.