Ramachandran Menon, Raveen, Bigdeli, Ali, Adem, Anwar, Schroeder, Andreas, Awais, Mustabsar, Baines, Tim, Battisti, Giuliana, Driffield, Nigel, Fouad, Shereen and Röder, Mirjam (2024). Unpacking the Triple Nexus: Environmental Performance, Economic Performance and Servitization – A Systematic Review and Theoretical Reflections. Journal of Cleaner Production, 457 ,
Abstract
The manufacturing industry is facing a major challenge in balancing economic performance with environmental sustainability. To address this challenge, extant research has suggested that servitization could help align these objectives. However, the current evidence base is too scattered for policymakers to act on and support servitization in a targeted manner. Therefore, we conduct a systematic literature review to analyze over 120 research papers to establish the current understanding of the impact of servitization on the environmental and economic performance of a firm, and identify the contextual variables affecting this impact. The study identifies and critically appraises the body of literature that provides the current evidence base on the impact of servitization, the core areas of impact investigated and the methods that are used to establish this impact. Additionally, we conduct a thematic analysis of variables of impact to explore the theoretical perspectives that are used to explain the impact of servitization. Building on these theoretical perspectives we offer concrete propositions to further develop the research on the impact of servitization on environmental and economic performance.
Publication DOI: | https://doi.org/10.1016/j.jclepro.2024.142459 |
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Divisions: | College of Business and Social Sciences > Aston Business School > Advanced Services Group College of Business and Social Sciences College of Business and Social Sciences > Aston Business School College of Business and Social Sciences > Aston Business School > Operations & Information Management College of Engineering & Physical Sciences > Aston Centre for Artifical Intelligence Research and Application College of Engineering & Physical Sciences > School of Computer Science and Digital Technologies College of Engineering & Physical Sciences College of Engineering & Physical Sciences > Energy and Bioproducts Research Institute (EBRI) Aston University (General) |
Funding Information: | This work was supported by UKRI – Economic and Social Research Council (ESRC) Grants Ref ES/W010194/1, ‘Understanding How Servitization Can Impact UK Economic Productivity and Environmental Performance’, an Aston University, and Warwick University joint p |
Additional Information: | Crown Copyright © 2024 Published by Elsevier Ltd. This is an open access article under the CC BY license (https://creativecommons.org/licenses/by/4.0/) |
Uncontrolled Keywords: | Servitization,Environmental performance,economic performance,Literature review,Thematic analysis |
Publication ISSN: | 1879-1786 |
Data Access Statement: | No data was used for the research described in the article. |
Last Modified: | 25 Nov 2024 08:53 |
Date Deposited: | 03 May 2024 11:23 |
Full Text Link: | |
Related URLs: |
http://www.scop ... tnerID=8YFLogxK
(Scopus URL) |
PURE Output Type: | Review article |
Published Date: | 2024-06-10 |
Published Online Date: | 2024-05-03 |
Accepted Date: | 2024-05-02 |
Authors: |
Ramachandran Menon, Raveen
(
0000-0003-4296-0475)
Bigdeli, Ali ( 0000-0002-8128-0918) Adem, Anwar Schroeder, Andreas Awais, Mustabsar Baines, Tim ( 0000-0002-7518-2967) Battisti, Giuliana Driffield, Nigel Fouad, Shereen ( 0000-0002-4965-7017) Röder, Mirjam ( 0000-0002-8021-3078) |
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