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Green transition in manufacturing: Dynamics and simulation.

Lin Lu^1,2, Xue Su^2,3, Song Hu¹

¹School of Economics and Management, Guangxi Normal University, Guilin, China.

|January 20, 2023

Summary

This summary is machine-generated.

Manufacturing enterprises undergo a multi-stage green transformation, where new dynamics overcome old inertia for sustainable development. This study explores the mechanisms driving this essential industrial evolution.

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Area of Science:

Industrial Economics
Sustainable Development
Manufacturing Systems

Background:

Global industrial value chains and low-carbon emission reduction necessitate manufacturing industry's green transformation.
Manufacturing's green transformation is viewed as a complex adaptive system requiring dynamic theoretical insights.

Purpose of the Study:

To explore the mechanism and conversion process of green transformation and upgrading in the manufacturing industry.
To simulate the transformation dynamics between old and new energy sources within manufacturing enterprises during green transitions.

Main Methods:

Utilizing dynamic theory to analyze the intrinsic relationships within manufacturing's green transformation.
Modeling the transformation of new and old dynamics within manufacturing enterprises as an endogenous variable.

Main Results:

Green transformation in manufacturing is a multi-stage process driven by enterprise-level changes.
Change inertia plays a crucial role, enabling new dynamics to gradually replace outdated ones.

Conclusions:

Manufacturing enterprises must navigate a multi-stage transformation process for successful green upgrading.
Recommendations are provided, focusing on ideology, policy, digital tools, financial support, and collaboration to foster this transition.