IRCI Article ID: IRCI-AR-0000001728

Analysis of the Impact of Green Policy and Environmentally Friendly Supply Chain Management on Competitive Advantage through Green Technology Adaptation as an Intervening Variable in Manufacturing Companies in North Sumatra

Authors:

Hastuti Handayani Harahap Handayani Harahap, Hastuti Frederick Rudy Sentosa Rajagukguk Rudy Sentosa Rajagukguk, Frederick Indra Welly Arifin Welly Arifin, Indra

Journal: International Journal of Economics, Management and Accounting

Publication: 2025-01-16 · Vol. 2 No. 8 · pp. 689–700

DOI: 10.47353/ijema.v2i8.230

Cite this article

Citation

Choose a citation style or copy BibTeX for your reference manager.

Style

View Original Publication

Abstract

This study aims to analyze the impact of green policies and environmentally friendly supply chain management on the competitive advantage of manufacturing companies in North Sumatra through the adaptation of green technology as an intervening variable. The method used in this study is quantitative with the Structural Equation Modeling (SEM) approach using Smart PLS software. The data used in this study were obtained through a survey involving manufacturing companies in North Sumatra. The results of the study indicate that green policies and environmentally friendly supply chains have a significant effect on the adaptation of green technology, which in turn has a positive impact on the company's competitive advantage. This study also found that the adaptation of green technology acts as a mediator that strengthens the relationship between green policies, environmentally friendly supply chains, and competitive advantage. These findings indicate that manufacturing companies that implement green policies and manage their supply chains with an environmentally friendly approach can strengthen their competitive position through more efficient and environmentally friendly technological innovations. The implication of this study is the importance of green policies that support the adoption of green technology and environmentally friendly supply chain management in increasing the company's competitiveness in an increasingly competitive market.

0
IRCI Cited By

28
Indexed References

Authors

Hastuti Handayani Harahap

Affiliation: Sekolah Tinggi Ilmu Ekonomi Bina Karya Tebing Tinggi, Indonesia

Handayani Harahap, Hastuti

Frederick Rudy Sentosa Rajagukguk

Affiliation: Sekolah Tinggi Ilmu Ekonomi Bina Karya Tebing Tinggi, Indonesia

Rudy Sentosa Rajagukguk, Frederick

Indra Welly Arifin

Affiliation: Sekolah Tinggi Ilmu Ekonomi Bina Karya Tebing Tinggi, Indonesia

Welly Arifin, Indra

References

Barney, J. (2020). Resource-based theories of competitive advantage: A ten-year retrospective on the resource-based view. Journal of Management, 27(6), 643-650.

Chen, Y., Zhang, J., & Li, Q. (2021). The impact of green technology adoption on firm performance: Evidence from Chinese manufacturing firms. Journal of Cleaner Production, 289, 125716.

Geng, Y., & Doberstein, B. (2020). Greening supply chains: The influence of environmental management practices on the competitive advantage of Chinese firms. International Journal of Environmental Science and Technology, 7(2), 95-112.

González-Benito, J., Suárez-González, I., & García-Álvarez-Coque, J. M. (2021). Green supply chain management practices and their impact on competitive advantage: An empirical study of Spanish manufacturing companies. International Journal of Production Economics, 232, 107963.

Hernandez, E., Jaramillo, A., & Garcia, A. (2017). The influence of green technology adoption on manufacturing performance. Journal of Cleaner Production, 167, 93-106.

Jabbour, C. J. C., Jabbour, A. B. L. D. S., & Godoy, J. A. (2020). Green supply chain management and green innovation: Empirical evidence from the Brazilian industry. Journal of Cleaner Production, 128, 41-58.

Lee, S. M., Lee, H. H., & Kim, S. (2021). The role of green policies in driving green technology adoption and competitive advantage. Journal of Business Research, 134, 195-205.

Madhavaram, S., & Hunt, S. D. (2005). The role of relationship marketing in managing brand equity. Journal of the Academy of Marketing Science, 33(3), 281-291.

Martínez-Jurado, P. J., & Moyano-Fuentes, J. (2021). The effect of green innovation on competitive advantage in SMEs: A case study of Spanish manufacturing companies. Journal of Cleaner Production, 285, 124817. Putri, D. A. M., et al. (2024). "Strategi Kebijakan Pertumbuhan Hijau (Green Growth) Indonesia: Dalam Adaptasi Perubahan Iklim." Jurnal Publicuho, 7(2), 916-925

Porter, M. E., & van der Linde, C. (2020). Green and competitive: Ending the stalemate. Harvard Business Review, 73(5), 120-134.

Rao, P., & Holt, D. (2021). The greening of industry and its impact on competitive advantage: Evidence from the manufacturing sector. International Journal of Production Economics, 232, 107894.

Srivastava, S. K. (2020). Green supply-chain management: A state-of-the-art literature review. International Journal of Management Reviews, 5(1), 53-80.

Teece, D. J. (2020). Dynamic capabilities and strategic management: Organizing for innovation and growth. Oxford University Press.

Zhang, X., Liu, W., & Chen, H. (2021). Green supply chain management and competitive advantage: The mediating role of green technology adoption. Journal of Cleaner Production, 285, 124799.