E-ISSN 0976-2779 | ISSN 0975-8453
 

Review Article 


Can strategic, operational, and environmental opportunities enhance economic aspects of sustainability performance in Thailandís pharmaceuticals sector: Role of industry 4.0 implementation?

CHUTIPAN SUTDUEAN, JUTAMAT SUTDUEAN, KITTISAK JERMSITTIPARSERT.

Abstract
The aim of the current study was to know the impact of strategic opportunities on economic sustainability performance, the impact of operational opportunities on economic sustainability performance and the impact of environmental opportunities on economic sustainability performance. The study took industry 4.0 implementation as a mediator. The researcher collected past data for its critical review and drew hypothesis from the relevant studies. To testify the hypothesis, the researcher collected data from Thailand's Pharmaceutical Sector, 307 individuals were selected as a sample. The data was collected through questionnaires and then it was analyzed through SPSS and AMOS. The results of the analysis showed that, the impact of strategic opportunities on economic sustainability performance is significant, the impact of operational opportunities on economic sustainability performance is significant and the impact of environmental opportunities on economic sustainability performance is significant as well. The study took industry 4.0 implementation as a mediator which is significant as well. The study was conducted unlike the past ones, based on latest analyzing techniques and moreover, study has several implications in the practical and theoretical sector as well. But the study is limited to a single sector only and is not generalizable.

Key words: Strategic, Operational, Environmental Opportunities, Economic, Sustainability Performance, Pharmaceutical Sector, Industry 4.0


 
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How to Cite this Article
Pubmed Style

CHUTIPAN SUTDUEAN, JUTAMAT SUTDUEAN, KITTISAK JERMSITTIPARSERT. Can strategic, operational, and environmental opportunities enhance economic aspects of sustainability performance in Thailandís pharmaceuticals sector: Role of industry 4.0 implementation?. SRP. 2019; 10(2): 362-371. doi:10.5530/srp.2019.2.47


Web Style

CHUTIPAN SUTDUEAN, JUTAMAT SUTDUEAN, KITTISAK JERMSITTIPARSERT. Can strategic, operational, and environmental opportunities enhance economic aspects of sustainability performance in Thailandís pharmaceuticals sector: Role of industry 4.0 implementation?. http://www.sysrevpharm.org//?mno=302645100 [Access: February 18, 2020]. doi:10.5530/srp.2019.2.47


AMA (American Medical Association) Style

CHUTIPAN SUTDUEAN, JUTAMAT SUTDUEAN, KITTISAK JERMSITTIPARSERT. Can strategic, operational, and environmental opportunities enhance economic aspects of sustainability performance in Thailandís pharmaceuticals sector: Role of industry 4.0 implementation?. SRP. 2019; 10(2): 362-371. doi:10.5530/srp.2019.2.47



Vancouver/ICMJE Style

CHUTIPAN SUTDUEAN, JUTAMAT SUTDUEAN, KITTISAK JERMSITTIPARSERT. Can strategic, operational, and environmental opportunities enhance economic aspects of sustainability performance in Thailandís pharmaceuticals sector: Role of industry 4.0 implementation?. SRP. (2019), [cited February 18, 2020]; 10(2): 362-371. doi:10.5530/srp.2019.2.47



Harvard Style

CHUTIPAN SUTDUEAN, JUTAMAT SUTDUEAN, KITTISAK JERMSITTIPARSERT (2019) Can strategic, operational, and environmental opportunities enhance economic aspects of sustainability performance in Thailandís pharmaceuticals sector: Role of industry 4.0 implementation?. SRP, 10 (2), 362-371. doi:10.5530/srp.2019.2.47



Turabian Style

CHUTIPAN SUTDUEAN, JUTAMAT SUTDUEAN, KITTISAK JERMSITTIPARSERT. 2019. Can strategic, operational, and environmental opportunities enhance economic aspects of sustainability performance in Thailandís pharmaceuticals sector: Role of industry 4.0 implementation?. Systematic Reviews in Pharmacy, 10 (2), 362-371. doi:10.5530/srp.2019.2.47



Chicago Style

CHUTIPAN SUTDUEAN, JUTAMAT SUTDUEAN, KITTISAK JERMSITTIPARSERT. "Can strategic, operational, and environmental opportunities enhance economic aspects of sustainability performance in Thailandís pharmaceuticals sector: Role of industry 4.0 implementation?." Systematic Reviews in Pharmacy 10 (2019), 362-371. doi:10.5530/srp.2019.2.47



MLA (The Modern Language Association) Style

CHUTIPAN SUTDUEAN, JUTAMAT SUTDUEAN, KITTISAK JERMSITTIPARSERT. "Can strategic, operational, and environmental opportunities enhance economic aspects of sustainability performance in Thailandís pharmaceuticals sector: Role of industry 4.0 implementation?." Systematic Reviews in Pharmacy 10.2 (2019), 362-371. Print. doi:10.5530/srp.2019.2.47



APA (American Psychological Association) Style

CHUTIPAN SUTDUEAN, JUTAMAT SUTDUEAN, KITTISAK JERMSITTIPARSERT (2019) Can strategic, operational, and environmental opportunities enhance economic aspects of sustainability performance in Thailandís pharmaceuticals sector: Role of industry 4.0 implementation?. Systematic Reviews in Pharmacy, 10 (2), 362-371. doi:10.5530/srp.2019.2.47





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