Browsing by Author "Liang, Wen"

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    Optimisation of the circular economy based on the resource circulation equation
    (MDPI, 2024-07-30) Liu, Sanhong; Xie, Ying; Liang, Wen
    The lack of effective evaluation methods and implementation guidelines has led to frequent obstacles in the process of circular economy in enterprises. The efficiency equation for resource circulation can effectively evaluate the efficiency of an enterprise’s circular economy resource circulation from three perspectives: input, circulation, and output. Additionally, it delves into each link to identify weak points, offering guidance for optimising the enterprise’s circular economy. Utilising a value flow analysis within the context of a circular economy, this paper evaluates circular economy efficiency using a resource circulation efficiency equation. It conducts factor analysis across three dimensions: resource input, resource circulation, and waste output. This analysis aims to evaluate the corresponding resource productivity, added value output rate, and environmental efficiency. Factor decomposition techniques were then employed to identify the underlying factors contributing to poor circular economy outcomes. Furthermore, based on the relationships among three resource circulation indicators, this paper forecasts the potential advantages of integrating circular economy improvement measures and proposes practical optimisation approaches. The enhanced resource circulation efficiency resulting from the proposed optimisation approaches was validated through a case study with an aluminium company.
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    The roles of directors from related industries on enterprise innovation
    (MDPI, 2024-08-14) Liang, Wen; Song, Simiao; Xie, Ying; Liu, Sanhong
    To remain agile in response to market dynamics, foster innovation, and effectively manage potential risks, companies draw upon information from both their upstream and downstream sup-ply chain collaborators to enhance their core competitiveness. This research, conducted on A-share listed companies in Shanghai and Shenzhen from 2010 to 2021, empirically investigates the influence of directors from upstream or downstream supply chain collaborators, referred to as Directors from Related Industries (DRIs), on corporate innovation activities. This study reveals that DRIs significantly boost the innovation activities of enterprises, irrespective of their position within the operational structure. When there is considerable information asymmetry in the related industries of the industry chain, the impact of DRIs on enterprise innovation is evident in both input and output aspects. Conversely, when management has serious concerns about their career, the impact is primarily on the input side. This underscores the role of DRIs in providing relevant information about upstream and downstream industries and alleviating management’s career anxieties, enhancing their effectiveness in consulting and supervising innovation. By examining the economic consequence, corporate innovation emerges as a potential mechanism through which industry chain directors can enhance corporate value. This research delves into the effects of DRIs on enterprise innovation, offering valuable theoretical and practical insights for advancing innovation within the context of value chain integration.