IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v15y2023i18p13674-d1238922.html
   My bibliography  Save this article

Sustainable Development Adoption in the High-Tech Sector: A Focus on Ecosystem Players and Their Influence

Author

Listed:
  • Young-Chan Lee

    (Department of Information, School of Business Administration, Dongguk University, Gyeongju 38066, Republic of Korea)

  • Idlir Dervishi

    (Department of Production and Management, Faculty of Mechanics, Polytechnic University of Tirana, 1000 Tirana, Albania)

  • Saeed Mousa

    (Department of Finance, Rennes School of Business, 35065 Rennes, France)

  • Kamil I. Safiullin

    (Department of State and Municipal Finance, Plekhanov Russian University of Economics, Moscow 115093, Russia)

  • Natalia V. Ruban-Lazareva

    (Department of Taxes and Tax Administration, Financial University under the Government of the Russian Federation, Moscow 125167, Russia)

  • Mikhail E. Kosov

    (Department of State and Municipal Finance, Plekhanov Russian University of Economics, Moscow 115093, Russia
    Department of Public Finance, Financial University under the Government of the Russian Federation, Moscow 125167, Russia
    Legal Management Institute HSLA, HSE University, Moscow 101000, Russia)

  • Vadim V. Ponkratov

    (Institute for Research on Socio-Economic Transformations and Financial Policy, Financial University under the Government of the Russian Federation, Moscow 125167, Russia)

  • Andrey S. Pozdnyaev

    (Institute for Research on Socio-Economic Transformations and Financial Policy, Financial University under the Government of the Russian Federation, Moscow 125167, Russia)

  • Elena V. Mikhina

    (Institute for Research on Socio-Economic Transformations and Financial Policy, Financial University under the Government of the Russian Federation, Moscow 125167, Russia)

  • Izabella D. Elyakova

    (Department of Economics and Finance, Financial and Economic Institute, M.K. Ammosov North-Eastern Federal University, Yakutsk 677027, Russia)

Abstract

In an era marked by increasing concerns about environmental sustainability, the telecommunications industry faces a pressing need to examine its commitment to sustainable development practices. Therefore, this study investigated the drivers and constraints influencing the adoption of such practices within the industry, with particular emphasis on the roles and interactions of ecosystem players. The research employed structural equation modeling (SEM) in AMOS to test the hypotheses and multilayer perceptron (MLP), which is an artificial neural network model, to assess the importance of each variable in the context of sustainable development adoption (SDA). This study analyzed data obtained from a diverse sample of telecommunications professionals, including telecom operators, device manufacturers, technology providers, and content and service providers. The findings reveal that stakeholder expectations held the highest normalized importance, suggesting their paramount influence in driving sustainable practices within the industry. Competitive advantage emerged as the second most significant factor, contributing to the adoption of sustainable strategies by companies. Conversely, cost and ROI concerns presented a constraint that potentially hindered SDA. This research contributes to the comprehensive understanding of sustainable development in the high-tech sector, aiding industry practitioners and policymakers in fostering a more sustainable future for the telecommunications industry. The implications derived from the sensitivity analysis provide valuable insights into prioritizing efforts and resources to enhance sustainable development adoption in the telecommunications sector.

Suggested Citation

  • Young-Chan Lee & Idlir Dervishi & Saeed Mousa & Kamil I. Safiullin & Natalia V. Ruban-Lazareva & Mikhail E. Kosov & Vadim V. Ponkratov & Andrey S. Pozdnyaev & Elena V. Mikhina & Izabella D. Elyakova, 2023. "Sustainable Development Adoption in the High-Tech Sector: A Focus on Ecosystem Players and Their Influence," Sustainability, MDPI, vol. 15(18), pages 1-29, September.
    • Handle: RePEc:gam:jsusta:v:15:y:2023:i:18:p:13674-:d:1238922
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/15/18/13674/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/15/18/13674/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Isabel‐María García‐Sánchez & Lázaro Rodríguez‐Ariza & Beatriz Aibar‐Guzmán & Cristina Aibar‐Guzmán, 2020. "Do institutional investors drive corporate transparency regarding business contribution to the sustainable development goals?," Business Strategy and the Environment, Wiley Blackwell, vol. 29(5), pages 2019-2036, July.
    2. Reginald Masocha & Olawale Fatoki, 2018. "The Impact of Coercive Pressures on Sustainability Practices of Small Businesses in South Africa," Sustainability, MDPI, vol. 10(9), pages 1-14, August.
    3. Fabio De Felice & Ilaria Baffo & Antonella Petrillo, 2022. "Critical Infrastructures Overview: Past, Present and Future," Sustainability, MDPI, vol. 14(4), pages 1-20, February.
    4. Yenipazarli, Arda, 2019. "Incentives for environmental research and development: Consumer preferences, competitive pressure and emissions taxation," European Journal of Operational Research, Elsevier, vol. 276(2), pages 757-769.
    5. Kirchherr, Julian & Piscicelli, Laura & Bour, Ruben & Kostense-Smit, Erica & Muller, Jennifer & Huibrechtse-Truijens, Anne & Hekkert, Marko, 2018. "Barriers to the Circular Economy: Evidence From the European Union (EU)," Ecological Economics, Elsevier, vol. 150(C), pages 264-272.
    6. Lui-Kwan Ng & Chung-Kwan Lo, 2022. "Flipped Classroom and Gamification Approach: Its Impact on Performance and Academic Commitment on Sustainable Learning in Education," Sustainability, MDPI, vol. 14(9), pages 1-23, April.
    7. Giannakis, Mihalis & Papadopoulos, Thanos, 2016. "Supply chain sustainability: A risk management approach," International Journal of Production Economics, Elsevier, vol. 171(P4), pages 455-470.
    8. Gabriela Costa Dias & Ualison Rébula de Oliveira & Gilson Brito Alves Lima & Vicente Aprigliano Fernandes, 2021. "Risk Management in the Import/Export Process of an Automobile Company: A Contribution for Supply Chain Sustainability," Sustainability, MDPI, vol. 13(11), pages 1-20, May.
    9. Ricart, Joan E. & Rodríguez, Miguel A. & Sanchez, Pablo, 2002. "Sustainable development and sustainability of competitive advantage: A dynamic and sustainable view of the firm," IESE Research Papers D/462, IESE Business School.
    10. Raine Isaksson, 2005. "Economic sustainability and the cost of poor quality," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 12(4), pages 197-209, December.
    11. Nusirat Ojuolape Gold & Fauziah Md. Taib, 2022. "Corporate governance and extent of corporate sustainability practice: the role of investor activism," Social Responsibility Journal, Emerald Group Publishing Limited, vol. 19(1), pages 184-210, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Centobelli, Piera & Cerchione, Roberto & Esposito, Emilio & Passaro, Renato & Shashi,, 2021. "Determinants of the transition towards circular economy in SMEs: A sustainable supply chain management perspective," International Journal of Production Economics, Elsevier, vol. 242(C).
    2. Rohit Agrawal & Vishal A. Wankhede & Anil Kumar & Sunil Luthra, 2021. "Analysing the roadblocks of circular economy adoption in the automobile sector: Reducing waste and environmental perspectives," Business Strategy and the Environment, Wiley Blackwell, vol. 30(2), pages 1051-1066, February.
    3. Dongdong Li, 2021. "Optimal licensing strategy of green technology in a mixed oligopoly: Fixed fee versus royalty," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(4), pages 942-951, June.
    4. German Arana‐Landin & Waleska Sigüenza & Beñat Landeta‐Manzano & Iker Laskurain‐Iturbe, 2024. "Circular economy: On the road to ISO 59000 family of standards," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(3), pages 1977-2009, May.
    5. Nusirat Ojuolape Gold & Fauziah Md. Taib & Yaxin Ma, 2022. "Firm-Level Attributes, Industry-Specific Factors, Stakeholder Pressure, and Country-Level Attributes: Global Evidence of What Inspires Corporate Sustainability Practices and Performance," Sustainability, MDPI, vol. 14(20), pages 1-28, October.
    6. Francesca Gennari, 2023. "The transition towards a circular economy. A framework for SMEs," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 27(4), pages 1423-1457, December.
    7. Idiano D’Adamo & Cinzia Daraio & Simone Di Leo & Léopold Simar, 2024. "A Flexible and Sustainable Analysis of Waste Efficiency at the European Level," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 25(4), pages 881-894, December.
    8. Md. Ahashan Habib & Md. Rezaul Karim & Marzia Dulal & Mohammad Shayekh Munir, 2022. "Impact of Institutional Pressure on Cleaner Production and Sustainable Firm Performance," Sustainability, MDPI, vol. 14(24), pages 1-25, December.
    9. P. Giovani Palafox-Alcantar & Dexter V. L. Hunt & Chris D. F. Rogers, 2020. "A Hybrid Methodology to Study Stakeholder Cooperation in Circular Economy Waste Management of Cities," Energies, MDPI, vol. 13(7), pages 1-30, April.
    10. Mahdi Bashiri & Benny Tjahjono & Jordon Lazell & Jennifer Ferreira & Tomy Perdana, 2021. "The Dynamics of Sustainability Risks in the Global Coffee Supply Chain: A Case of Indonesia–UK," Sustainability, MDPI, vol. 13(2), pages 1-20, January.
    11. Durán-Romero, Gemma & López, Ana M. & Beliaeva, Tatiana & Ferasso, Marcos & Garonne, Christophe & Jones, Paul, 2020. "Bridging the gap between circular economy and climate change mitigation policies through eco-innovations and Quintuple Helix Model," Technological Forecasting and Social Change, Elsevier, vol. 160(C).
    12. Julian Lauten-Weiss & Stephan Ramesohl, 2021. "The Circular Business Framework for Building, Developing and Steering Businesses in the Circular Economy," Sustainability, MDPI, vol. 13(2), pages 1-14, January.
    13. Patricia van Loon & Luk N. Van Wassenhove & Ales Mihelic, 2022. "Designing a circular business strategy: 7 years of evolution at a large washing machine manufacturer," Business Strategy and the Environment, Wiley Blackwell, vol. 31(3), pages 1030-1041, March.
    14. Rubio-Andrés, Mercedes & Ramos-González, Mª del Mar & Sastre-Castillo, Miguel Ángel & Gutiérrez-Broncano, Santiago, 2023. "Stakeholder pressure and innovation capacity of SMEs in the COVID-19 pandemic: Mediating and multigroup analysis," Technological Forecasting and Social Change, Elsevier, vol. 190(C).
    15. Isabel-María García-Sánchez & Cristina Aibar-Guzmán & Carmen Serrano-Valdecillos & Beatriz Aibar-Guzmán, 2022. "Analysis of the Dialogue with Stakeholders by the IBEX 35 Companies," Sustainability, MDPI, vol. 14(3), pages 1-26, February.
    16. Papanagnou, Christos & Seiler, Andreas & Spanaki, Konstantina & Papadopoulos, Thanos & Bourlakis, Michael, 2022. "Data-driven digital transformation for emergency situations: The case of the UK retail sector," International Journal of Production Economics, Elsevier, vol. 250(C).
    17. Qazi, Abroon & Dickson, Alex & Quigley, John & Gaudenzi, Barbara, 2018. "Supply chain risk network management: A Bayesian belief network and expected utility based approach for managing supply chain risks," International Journal of Production Economics, Elsevier, vol. 196(C), pages 24-42.
    18. Abderahman Rejeb & Karim Rejeb & Suhaiza Zailani & Yasanur Kayikci & John G. Keogh, 2023. "Examining Knowledge Diffusion in the Circular Economy Domain: a Main Path Analysis," Circular Economy and Sustainability, Springer, vol. 3(1), pages 125-166, March.
    19. D. D’Amato, 2021. "Sustainability Narratives as Transformative Solution Pathways: Zooming in on the Circular Economy," Circular Economy and Sustainability, Springer, vol. 1(1), pages 231-242, June.
    20. Kentaro Azuma & Akira Higashida, 2024. "Climate change disclosure and evolving institutional investor salience: Roles of the Principles for Responsible Investment," Business Strategy and the Environment, Wiley Blackwell, vol. 33(4), pages 3669-3686, May.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:15:y:2023:i:18:p:13674-:d:1238922. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.