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Li, G, Shi, X, Yang, Y and Lee, PKC (2020) Green Co-Creation Strategies among Supply Chain Partners: A Value Co-Creation Perspective. Sustainability, 12 (10). 4305 - 4305.
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Abstract
<jats:p>In response to the global fight against environmental deterioration and resource shortage, many governments call on firms to implement green innovation strategies. However, for most small and medium-sized firms, the high cost of green innovation makes it difficult to achieve green goals, causing the need for a growing number of firms to cooperate with their supply chain partners on green innovations. Thus, this study explores, from a value co-creation perspective, how supply chain partners share the investment in, and benefits of, green innovation, assuring their long-term cooperation. Based on a three-level manufacturing supply chain, this paper proposes three different types of green co-creation strategies (i.e., the manufacturer and its supplier, the manufacturer and its competitor, the manufacturer and its retailer). We set the mechanism of co-creation to share the cost of green investment and consider the impact of co-creation on the sales of supply chain partners. Then, by constructing the value functions of three co-creation strategies and proving the concavity of these functions, the findings indicate that different co-creation strategies can indeed improve the firm’s profit in a certain range and achieve a different maximum value in a certain green investment sharing point. This study enriches the literature on green co-creation in supply chains by combing green investment sharing strategies among supply chain partners with value co-creation. In addition, this study provides manufacturers with guidelines on how to share green costs and choose a green co-creation strategy in different operational environments.</jats:p>
Item Type: | Article |
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Additional Information: | © 2020 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (http://creativecommons.org/licenses/by/4.0/). |
Uncontrolled Keywords: | green supply chain; value co-creation; green investment sharing; green co-creation strategies |
Subjects: | H Social Sciences > H Social Sciences (General) |
Divisions: | Faculty of Humanities and Social Sciences > Keele Business School |
Depositing User: | Symplectic |
Date Deposited: | 25 Apr 2023 15:36 |
Last Modified: | 25 Apr 2023 15:36 |
URI: | https://eprints.keele.ac.uk/id/eprint/12274 |