IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v13y2021i18p10355-d636817.html
   My bibliography  Save this article

Sustainability Strategies of Equipment Introduction and Overcapacity Risk Sharing in Mask Emergency Supply Chains during Pandemics

Author

Listed:
  • Haibo Chen

    (School of Management, Huazhong University of Science and Technology, Wuhan 430074, China)

  • Zongjun Wang

    (School of Management, Huazhong University of Science and Technology, Wuhan 430074, China)

  • Xuesong Yu

    (School of Economics and Management, Hubei Polytechnic University, Huangshi 435003, China)

Abstract

The sustainability of the mask emergency supply chain faces two problems during the current COVID-19 pandemic. First, mask manufacturers are mainly small and mid-size enterprises, resulting in a lack of funds and credit lines for the introduction of equipment. Second, the periodicity and uncertainty of pandemics create overcapacity risk for the mask emergency supply chain. To solve these problems, this study incorporates financial leasing institutions and the government into the mask emergency supply chain. Based on a questionnaire survey of practitioners of financial leasing institutions, the relationship between mask manufacturers, financial leasing institutions, and the government in the mask supply chain is analyzed through a game model, and the behavior of mask manufacturers to reduce the scale of mask production after the occurrence of overcapacity is investigated using the cusp catastrophe theory. We find that in the case of masks’ overcapacity, mask manufacturers tend to continue production. Finally, we propose that financial leasing institutions should lease mask production equipment to mask manufacturers under the guarantee of the government and develop a mechanism for the three parties to jointly share the risk of mask overcapacity, aiming at ensuring the sustainable manufacturing of masks during the pandemic.

Suggested Citation

  • Haibo Chen & Zongjun Wang & Xuesong Yu, 2021. "Sustainability Strategies of Equipment Introduction and Overcapacity Risk Sharing in Mask Emergency Supply Chains during Pandemics," Sustainability, MDPI, vol. 13(18), pages 1-17, September.
    • Handle: RePEc:gam:jsusta:v:13:y:2021:i:18:p:10355-:d:636817
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/13/18/10355/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/13/18/10355/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Anis Z. Chowdhury & K. S. Jomo, 2020. "Responding to the COVID-19 Pandemic in Developing Countries: Lessons from Selected Countries of the Global South," Development, Palgrave Macmillan;Society for International Deveopment, vol. 63(2), pages 162-171, December.
    2. Ahmad Makui & Seyed Mohammad Seyedhosseini & Seyed Jafar Sadjadi & Parinaz Esmaeili, 2020. "Analysis of labor strike based on evolutionary game and catastrophe theory," EURO Journal on Decision Processes, Springer;EURO - The Association of European Operational Research Societies, vol. 8(1), pages 79-88, May.
    3. Brem, Alexander & Viardot, Eric & Nylund, Petra A., 2021. "Implications of the coronavirus (COVID-19) outbreak for innovation: Which technologies will improve our lives?," Technological Forecasting and Social Change, Elsevier, vol. 163(C).
    4. , Aisdl, 2020. "Employing Value Chain Theory To Address COVID-19 Outbreak In Tourism Management: A Resilience and Stakeholder View," OSF Preprints tmzvf, Center for Open Science.
    5. Jelle Schepers & Pieter Vandekerkhof & Yannick Dillen, 2021. "The Impact of the COVID-19 Crisis on Growth-Oriented SMEs: Building Entrepreneurial Resilience," Sustainability, MDPI, vol. 13(16), pages 1-20, August.
    6. Biancone Paolo & Secinaro Silvana & Brescia Valerio & Calandra Davide, 2020. "Employing Value Chain Theory To Address COVID-19 Outbreak In Tourism Management: A Resilience and Stakeholder View," International Journal of Business Research and Management (IJBRM), Computer Science Journals (CSC Journals), vol. 11(3), pages 39-64, December.
    7. Shufan Zhu & Kefan Xie & Ping Gui, 2021. "Dynamic Adjustment Mechanism and Differential Game Model Construction of Mask Emergency Supply Chain Cooperation Based on COVID-19 Outbreak," Sustainability, MDPI, vol. 13(3), pages 1-24, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jiguang Wang & Yushang Hu & Weihua Qu & Liuxin Ma, 2022. "Research on Emergency Supply Chain Collaboration Based on Tripartite Evolutionary Game," Sustainability, MDPI, vol. 14(19), pages 1-25, September.
    2. Nishant Saravanan & Jessica Olivares-Aguila & Alejandro Vital-Soto, 2022. "Bibliometric and Text Analytics Approaches to Review COVID-19 Impacts on Supply Chains," Sustainability, MDPI, vol. 14(23), pages 1-33, November.
    3. Jianhua Chen & Ting Yin, 2023. "Transmission Mechanism of Post-COVID-19 Emergency Supply Chain Based on Complex Network: An Improved SIR Model," Sustainability, MDPI, vol. 15(4), pages 1-19, February.
    4. Haibo Chen & Zongjun Wang & Xuesong Yu & Qin Zhong, 2022. "Research on the Anti-Risk Mechanism of Mask Green Supply Chain from the Perspective of Cooperation between Retailers, Suppliers, and Financial Institutions," IJERPH, MDPI, vol. 19(24), pages 1-18, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Chopdar, Prasanta Kr & Paul, Justin & Prodanova, Jana, 2022. "Mobile shoppers’ response to Covid-19 phobia, pessimism and smartphone addiction: Does social influence matter?," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    2. Xi, Xun & Xi, Baoxing & Miao, Chenglin & Yu, Rongjian & Xie, Jie & Xiang, Rong & Hu, Feng, 2022. "Factors influencing technological innovation efficiency in the Chinese video game industry: Applying the meta-frontier approach," Technological Forecasting and Social Change, Elsevier, vol. 178(C).
    3. Martin Thomas Falk & Eva Hagsten, 2023. "Reverse adoption of information and communication technology among organisers of academic conferences," Scientometrics, Springer;Akadémiai Kiadó, vol. 128(3), pages 1963-1985, March.
    4. Ferreira, Sara & Amorim, Marco & Lobo, António & Kern, Mira & Fanderl, Nora & Couto, António, 2022. "Travel mode preferences among German commuters over the course of COVID-19 pandemic," Transport Policy, Elsevier, vol. 126(C), pages 55-64.
    5. Ren, Xiaohang & Li, Yiying & yan, Cheng & Wen, Fenghua & Lu, Zudi, 2022. "The interrelationship between the carbon market and the green bonds market: Evidence from wavelet quantile-on-quantile method," Technological Forecasting and Social Change, Elsevier, vol. 179(C).
    6. Kajikawa, Yuya & Mejia, Cristian & Wu, Mengjia & Zhang, Yi, 2022. "Academic landscape of Technological Forecasting and Social Change through citation network and topic analyses," Technological Forecasting and Social Change, Elsevier, vol. 182(C).
    7. Wang, Xueqin & Wong, Yiik Diew & Sun, Shanshan & Yuen, Kum Fai, 2022. "An investigation of self-service technology usage during the COVID-19 pandemic: The changing perceptions of ‘self’ and technologies," Technology in Society, Elsevier, vol. 70(C).
    8. Jiang, Yangyang & Stylos, Nikolaos, 2021. "Triggers of consumers’ enhanced digital engagement and the role of digital technologies in transforming the retail ecosystem during COVID-19 pandemic," Technological Forecasting and Social Change, Elsevier, vol. 172(C).
    9. Adhikari, Pawan & Upadhaya, Bedanand & Wijethilake, Chaminda & Dhakal Adhikari, Shovita, 2023. "The sociomateriality of digitalisation in Nepalese NGOs," The British Accounting Review, Elsevier, vol. 55(5).
    10. Behl, Abhishek & Jayawardena, Nirma & Pereira, Vijay & Islam, Nazrul & Giudice, Manlio Del & Choudrie, Jyoti, 2022. "Gamification and e-learning for young learners: A systematic literature review, bibliometric analysis, and future research agenda," Technological Forecasting and Social Change, Elsevier, vol. 176(C).
    11. Carol Nash, 2023. "Team Mindfulness in Online Academic Meetings to Reduce Burnout," Challenges, MDPI, vol. 14(1), pages 1-22, March.
    12. Arben Asllani & Silvana Trimi, 2022. "COVID-19 vaccine distribution: exploring strategic alternatives for the greater good," Service Business, Springer;Pan-Pacific Business Association, vol. 16(3), pages 601-619, September.
    13. Saada Reuveni, 2022. "The COVID-19 Pandemic in Low-Income Countries with Different GHI Severities: A New Concept to Cope with COVID-19 in these Countries," Technium Social Sciences Journal, Technium Science, vol. 34(1), pages 347-361, August.
    14. Zhou, Fei & Lin, Youhai & Mou, Jian & Cohen, Jason & Chen, Sihua, 2023. "Understanding the dark side of gamified interactions on short-form video platforms: Through a lens of expectations violations theory," Technological Forecasting and Social Change, Elsevier, vol. 186(PB).
    15. Li, Xishu & Voorneveld, Maarten & de Koster, René, 2022. "Business transformation in an age of turbulence – Lessons learned from COVID-19," Technological Forecasting and Social Change, Elsevier, vol. 176(C).
    16. Klyver, Kim & Nielsen, Suna Løwe, 2021. "Which crisis strategies are (expectedly) effective among SMEs during COVID-19?," Journal of Business Venturing Insights, Elsevier, vol. 16(C).
    17. Manel Arribas-Ibar & Petra A. Nylund & Alexander Brem, 2021. "The Risk of Dissolution of Sustainable Innovation Ecosystems in Times of Crisis: The Electric Vehicle during the COVID-19 Pandemic," Sustainability, MDPI, vol. 13(3), pages 1-14, January.
    18. Dang, Ngoc Bich & Bertrandias, Laurent, 2023. "Social robots as healing aids: How and why powerlessness influences the intention to adopt social robots," Technological Forecasting and Social Change, Elsevier, vol. 196(C).
    19. Stojanović Ilija & Puška Adis & Selaković Marko, 2022. "A multi-criteria approach to the comparative analysis of the global innovation index on the example of the Western Balkan countries," Economics, Sciendo, vol. 10(2), pages 9-26, December.
    20. Onea Ioana Alexandra, 2022. "Exploring the COVID-19 pandemic impact on innovation and entrepreneurship – Review and evidence from Global Innovation Index," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 16(1), pages 527-544, August.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:13:y:2021:i:18:p:10355-:d:636817. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.