AHP-SWOT analysis of strengths, weaknesses, opportunities, and threats of implementing green innovation
Green innovation means applyinginnovation to achieve sustainable and environmentally friendly development goals. Green innovation is a new concept in many developing countries. This research analyzes the strengths, weaknesses, opportunities, and threats (SWOT) when implementing...
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Scopus
2023
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oai:scholar.dlu.edu.vn:123456789-3255 |
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Thư viện Trường Đại học Đà Lạt |
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Vietnamese |
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Green innovation AHP SWOT Vietnam |
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Green innovation AHP SWOT Vietnam Trương, Thị Ngọc Thuyên AHP-SWOT analysis of strengths, weaknesses, opportunities, and threats of implementing green innovation |
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Green innovation means applyinginnovation to achieve sustainable and environmentally friendly development goals. Green innovation is a new concept in many developing countries. This research analyzes the strengths, weaknesses, opportunities, and threats (SWOT) when implementing green innovations in Vietnam.We interviewed 58 experts and entrepreneurs who have experience with green innovations by Vietnamese firms. The data were analyzed using thehybrid SWOT-AHP method. Eigenvectors were calculated for local factor priority (within each factor) and global factor priority (for all factors).Results show that external factors are predominant in fostering the implementation of green innovation. The potential benefit that green innovation generates is its strength. However, the belief that innovationischallenging to apply hinders the effort. The developing innovation ecosystem provides a new positive signal, but the current unstable economic environment is a significant negative external factor. This study sheds light on policy approaches for promoting green innovation.Remarkably, the SWOT-AHP analysis provides thestrategic approach for potential measures to prioritize the limited resources available in developing countries. Finally, this research provides input for future quantitative research. |
| format |
Journal article |
| author |
Trương, Thị Ngọc Thuyên |
| author_facet |
Trương, Thị Ngọc Thuyên |
| author_sort |
Trương, Thị Ngọc Thuyên |
| title |
AHP-SWOT analysis of strengths, weaknesses, opportunities, and threats of implementing green innovation |
| title_short |
AHP-SWOT analysis of strengths, weaknesses, opportunities, and threats of implementing green innovation |
| title_full |
AHP-SWOT analysis of strengths, weaknesses, opportunities, and threats of implementing green innovation |
| title_fullStr |
AHP-SWOT analysis of strengths, weaknesses, opportunities, and threats of implementing green innovation |
| title_full_unstemmed |
AHP-SWOT analysis of strengths, weaknesses, opportunities, and threats of implementing green innovation |
| title_sort |
ahp-swot analysis of strengths, weaknesses, opportunities, and threats of implementing green innovation |
| publisher |
Scopus |
| publishDate |
2023 |
| url |
https://scholar.dlu.edu.vn/handle/123456789/3255 |
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1786708698473693184 |
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oai:scholar.dlu.edu.vn:123456789-32552023-12-27T02:04:35Z AHP-SWOT analysis of strengths, weaknesses, opportunities, and threats of implementing green innovation Trương, Thị Ngọc Thuyên Green innovation AHP SWOT Vietnam Green innovation means applyinginnovation to achieve sustainable and environmentally friendly development goals. Green innovation is a new concept in many developing countries. This research analyzes the strengths, weaknesses, opportunities, and threats (SWOT) when implementing green innovations in Vietnam.We interviewed 58 experts and entrepreneurs who have experience with green innovations by Vietnamese firms. The data were analyzed using thehybrid SWOT-AHP method. Eigenvectors were calculated for local factor priority (within each factor) and global factor priority (for all factors).Results show that external factors are predominant in fostering the implementation of green innovation. The potential benefit that green innovation generates is its strength. However, the belief that innovationischallenging to apply hinders the effort. The developing innovation ecosystem provides a new positive signal, but the current unstable economic environment is a significant negative external factor. This study sheds light on policy approaches for promoting green innovation.Remarkably, the SWOT-AHP analysis provides thestrategic approach for potential measures to prioritize the limited resources available in developing countries. Finally, this research provides input for future quantitative research. 41 3 66-87 2023-12-26T07:27:40Z 2023-12-26T07:27:40Z 2023 Journal article Bài báo đăng trên tạp chí thuộc SCOPUS, bao gồm book chapter https://scholar.dlu.edu.vn/handle/123456789/3255 vi Vietnam National Foundation for Science and Technology Development (NAFOSTED) Thailand and the world economy 2630-0931/ 2651-0529 #PLACEHOLDER_PARENT_METADATA_VALUE# Abdel-Basset, M., Mohamed, M., & Smarandache, F. (2018). An extension of neutrosophic AHP–SWOT analysis for strategic planning and decision-making. Symmetry, 10(4), 116.Aghion, P., Hemous, D., & Veugelers, R. (2009). No green growth without innovation. Bruegel Policy Brief-2009/07Retrieved fromhttp://aei.pitt.edu/12218/Badir, Y. F., Frank, B., & Bogers, M. (2020). Employee-level open innovation in emerging markets: Linking internal, external, and managerial resources. Journal of the Academy of Marketing Science, 48(5), 891–913. Beckerman, W. (1992). Economic growth and the environment: Whose growth? whose environment?.World Development, 20(4), 481–496. Brudermann, T., Mitterhuber, C., & Posch, A. (2015). Agricultural biogas plants –A systematic analysis of strengths, weaknesses, opportunities and threats. Energy Policy, 76, 107–111. Calza, F., Parmentola, A., & Tutore, I. (2017). Types of green innovations: Ways of implementation in a non-green industry. Sustainability (Switzerland), 9(8),1301.Cecere, R., & Bernardi, P. (2022). Cultural entrepreneurship and green innovation in ASEAN: A focus on SMEs and Vietnam area. In V. Ratten (Ed.), Cultural Entrepreneurship: New Societal Trends(pp. 109–119). Singapore: Springer NatureSingapore. Chen, X., Yi, N., Zhang, L., & Li, D. (2018). Does institutional pressure foster corporate green innovation? Evidence from China’s top 100 companies. Journal of Cleaner Production, 188, 304–311. Chen, Y.-S. (2008). The driver of green innovation and green image –green core competence. Journal of Business Ethics, 81(3), 531–543. Chen, Y.-S., Lai, S.-B., & Wen, C.-T. (2006). the influence of green innovation performance on corporate advantage inTaiwan. Journal of Business Ethics, 67(4), 331–339. Cuerva, M. C., Triguero-Cano, Á., & Córcoles, D. (2014). Drivers of green and non-green innovation: Empirical evidence in Low-Tech SMEs. Journal of Cleaner Production, 68, 104–113. Do, A. D., Nguyen, Q. V., Le, Q. H., & Ta, V. L. (2020). Green supply chain management in Vietnam industrial zone: Province-level evidence. The Journal of Asian Finance, Economics and Business, 7(7), 403–412.Doan, A. T., & Nguyen, T. T. (2020). Green innovation, green entrepreneurship, and Vietnamese SME development: the role of market turbulence. In Nguyen, D.P. et al, Recent Developments in Vietnamese Business and Finance: Vol.1(pp. 337–381). Singapore: World Scientific. Driessen, P. H. (2005). Green product innovation strategy. (Doctoral thesis, Tilburg University, Tilburg). Retrieved from https://research.tilburguniversity.edu/en/publications/green-product-innovation-strategy Ghosh Ray, K. (2019). Greencost calculus for corporate environmental responsibility. Social Responsibility Journal, 15(6), 819–836. Gluch, P., Gustafsson, M., & Thuvander, L. (2009). An absorptive capacity model for green innovation and performance in the construction industry. Construction Management and Economics, 27(5), 451–464. Scopus |