Competitiveness of Enterprises in Manufacture of Textile: Empirical Evidence of Czech Republic

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F23%3A43907052" target="_blank" >RIV/60076658:12510/23:43907052 - isvavai.cz</a>

Výsledek na webu

<a href="https://sciendo.com/article/10.2478/vjbsd-2023-0010" target="_blank" >https://sciendo.com/article/10.2478/vjbsd-2023-0010</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.2478/vjbsd-2023-0010" target="_blank" >10.2478/vjbsd-2023-0010</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Competitiveness of Enterprises in Manufacture of Textile: Empirical Evidence of Czech Republic

Popis výsledku v původním jazyce

The paper deals with the competitiveness of enterprises in manufacture of textiles, which is currently closely linked to innovations taking into account the principles of circular economy. Globally, textile consumption has the third largest negative impact on water and land use and the fourth largest negative impact on the environment and climate change. The motivation for companies to mitigate their negative environmental impact and to implement circular economy principles should always be efficient and cost-effective. The competitiveness of a company or sector can be assessed through labour productivity, which should grow at a rate higher than the rate of growth of the average wage. The paper recommends assessing the relationships between the development of the indicators of labour productivity, average wage and return on assets using inequalities. It also analyses the frequency of innovation of enterprises in the textile industry. Using the example of a specific enterprise, it points out the possibilities of innovation, such as the use of renewable energy, increasing revenues in the form of selling textile waste for further use, and introducing environmentally friendly processes into production.

Název v anglickém jazyce

Competitiveness of Enterprises in Manufacture of Textile: Empirical Evidence of Czech Republic

Popis výsledku anglicky

The paper deals with the competitiveness of enterprises in manufacture of textiles, which is currently closely linked to innovations taking into account the principles of circular economy. Globally, textile consumption has the third largest negative impact on water and land use and the fourth largest negative impact on the environment and climate change. The motivation for companies to mitigate their negative environmental impact and to implement circular economy principles should always be efficient and cost-effective. The competitiveness of a company or sector can be assessed through labour productivity, which should grow at a rate higher than the rate of growth of the average wage. The paper recommends assessing the relationships between the development of the indicators of labour productivity, average wage and return on assets using inequalities. It also analyses the frequency of innovation of enterprises in the textile industry. Using the example of a specific enterprise, it points out the possibilities of innovation, such as the use of renewable energy, increasing revenues in the form of selling textile waste for further use, and introducing environmentally friendly processes into production.

Druh

J_ost - Ostatní články v recenzovaných periodicích

CEP obor

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OECD FORD obor

50204 - Business and management

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2023

Kód důvěrnosti údajů

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

Název periodika

Visegrad Journal on Bioeconomy and Sustainable Development

ISSN

1338-8339

e-ISSN

1339-3367

Svazek periodika

12

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

SK - Slovenská republika

Počet stran výsledku

4

Strana od-do

50-53

Kód UT WoS článku

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EID výsledku v databázi Scopus

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