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Achieving market performance via Industry 4.0 enabled dynamic marketing capability, sustainable human resource management, and circular product design

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F23%3A63569139" target="_blank" >RIV/70883521:28120/23:63569139 - isvavai.cz</a>

  • Result on the web

    <a href="https://doi.org/10.1016/j.indmarman.2023.09.010" target="_blank" >https://doi.org/10.1016/j.indmarman.2023.09.010</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.1016/j.indmarman.2023.09.010" target="_blank" >10.1016/j.indmarman.2023.09.010</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    Achieving market performance via Industry 4.0 enabled dynamic marketing capability, sustainable human resource management, and circular product design

  • Original language description

    Business-to-business (B2B) firms are striving to sustain market growth and share in dynamic marketing environment with an increasing need to protect natural resources in era of sustainability and industry 4.0. Although many firms have adapted industry 4.0 technologies, circular economy and sustainability practices in their business activities, but to sustain market growth is still a challenge. They need dynamic capabilities to face the current dynamic market instead of just resources and their capabilities. This study empirically examines whether Industry 4.0-enabled dynamic marketing capabilities and sustainable human resource management (SHRM) can enable firms to implement circular product design strategies and further improve market performance. The proposed framework is based on a dynamic capability view (DCV) and tested by structural equation modeling using survey data from 424 Indian B2B manufacturing firms. The findings show that SHRM promotes Industry 4.0-enabled dynamic marketing capabilities (IDMC); IDMC and SHRM both support implementation of circular product design strategies. Circular product design is supposed to facilitate IDMC to expand market performance. But, IDMC alone is also enough to significantly enhance market performance, despite the combined positive effect of circular product design and SHRM on market performance. These findings contribute to better understanding on what type of dynamic capabilities of organizational resources should be developed and utilized to improve market performance. The study helps firms to develop dynamic marketing capabilities such as circular product design strategies, SHRM and IDMC for helping them in improving market performance while also growing sustainably.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database

  • CEP classification

  • OECD FORD branch

    50201 - Economic Theory

Result continuities

  • Project

  • Continuities

    I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Others

  • Publication year

    2023

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Name of the periodical

    Industrial Marketing Management

  • ISSN

    0019-8501

  • e-ISSN

    1873-2062

  • Volume of the periodical

    115

  • Issue of the periodical within the volume

    neuvedeno

  • Country of publishing house

    US - UNITED STATES

  • Number of pages

    13

  • Pages from-to

    86-98

  • UT code for WoS article

    001088608600001

  • EID of the result in the Scopus database

    2-s2.0-85172693827