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Energy-Efficient Products and Competitiveness in the Manufacturing Sector

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  • Di Foggia, Giacomo

Abstract

Transition to a low-carbon, energy-efficient economy presents an opportunity to enhance the sustainability and competitiveness of manufacturing firms. The integration of energy-efficiency solutions into products resembles the concept of servitization that is now a lever for product com- petitiveness and, in turn, business performance. Based on empirical data from 293 manufacturers of electrical equipment or machinery and equipment, this paper analyzes the relation between energy-efficiency servitization capacity and performance using two structural equation models. To test the mediating role of servitization capacity, the first model uses strategic analysis of competitive structure to predict business performance, while the second model uses knowledge of the regulatory framework. Results suggest that both strategic analysis of competitive structure and knowledge of the regulatory framework positively influence performance via improving servitization capacity. With demand for new energy-efficient products expected to increase, products with a reduced en- ergy footprint and energy-management services are needed for industrial processes to contribute to decarbonizing the economy.

Suggested Citation

  • Di Foggia, Giacomo, 2021. "Energy-Efficient Products and Competitiveness in the Manufacturing Sector," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 7(1).
    • Handle: RePEc:zbw:espost:228843
    DOI: 10.3390/joitmc7010033
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    References listed on IDEAS

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    Cited by:

    1. Bogdan Wit & Piotr Dresler & Anna Surma-Syta, 2021. "Innovation in Start-Up Business Model in Energy-Saving Solutions for Sustainable Development," Energies, MDPI, vol. 14(12), pages 1-24, June.
    2. Giacomo Di Foggia & Massimo Beccarello & Marco Borgarello & Francesca Bazzocchi & Stefano Moscarelli, 2022. "Market-Based Instruments to Promote Energy Efficiency: Insights from the Italian Case," Energies, MDPI, vol. 15(20), pages 1-16, October.
    3. Mehdi Bensouda & Mimoun Benali, 2023. "The Role of Institutional Pressure and Dynamic Capabilities in Promoting Energy Efficiency Practices: Evidence from the Moroccan Manufacturing Sector," International Journal of Energy Economics and Policy, Econjournals, vol. 13(1), pages 352-361, January.
    4. Chankook Park, 2022. "Expansion of servitization in the energy sector and its implications," Wiley Interdisciplinary Reviews: Energy and Environment, Wiley Blackwell, vol. 11(4), July.
    5. Giacomo Di Foggia & Massimo Beccarello, 2021. "Market Structure of Urban Waste Treatment and Disposal: Empirical Evidence from the Italian Industry," Sustainability, MDPI, vol. 13(13), pages 1-12, July.
    6. Massimo Beccarello & Giacomo Di Foggia, 2022. "Economic Impact of Energy Efficiency Policies: A Scenario Analysis," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 14(12), pages 1-1, December.
    7. Massimo Beccarello & Giacomo Di Foggia, 2023. "Review and Perspectives of Key Decarbonization Drivers to 2030," Energies, MDPI, vol. 16(3), pages 1-13, January.
    8. Mihai Dragomir & Diana Alina Blagu & Sorin Popescu & Mircea Fulea & Călin Neamțu, 2022. "How Well Are Manufacturing Companies in Transylvania, Romania Adapting to the Low-Carbon Economy in Order to Become Sustainable?," IJERPH, MDPI, vol. 19(4), pages 1-18, February.

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