The Influence of External Market Drivers on Global Value Chain Participation in Saudi Arabia: The Mediating Role of Technological Advancements DOI Open Access

Mazen Mohammed Farea,

Abdullah A. Aljofi

Sustainability, Год журнала: 2025, Номер 17(9), С. 3946 - 3946

Опубликована: Апрель 28, 2025

In today’s interconnected economy, participation in global value chains (GVCs) has become essential for firms seeking international competitiveness and economic sustainability. This is particularly relevant emerging economies like Saudi Arabia that are pursuing diversification strategies. However, the relationship between external market conditions trade integration remains unclear, especially regarding how technological advancement influences this relationship. study investigates progress mediates effect of drivers—including stability, regulatory compliance, resources, cultural adaptation, environmental policies—on GVC Arabia. Using a quantitative approach, we collected survey data from 178 key decision makers leaders across multiple sectors involved strategic innovation integration. Analysis using partial least squares structural equation modeling revealed drivers significantly influence (β = 0.739, p < 0.01), with playing substantial mediating role 0.460, 0.01). Environmental policies resources demonstrated direct effects on participation, while compliance was fully mediated by advancement. These findings contribute to understanding digital transformation enables economies. The results provide practical insights policymakers business leaders, highlighting importance investing infrastructure technology-enabled facilitation enhance an increasingly environment.

Язык: Английский

The Influence of External Market Drivers on Global Value Chain Participation in Saudi Arabia: The Mediating Role of Technological Advancements DOI Open Access

Mazen Mohammed Farea,

Abdullah A. Aljofi

Sustainability, Год журнала: 2025, Номер 17(9), С. 3946 - 3946

Опубликована: Апрель 28, 2025

In today’s interconnected economy, participation in global value chains (GVCs) has become essential for firms seeking international competitiveness and economic sustainability. This is particularly relevant emerging economies like Saudi Arabia that are pursuing diversification strategies. However, the relationship between external market conditions trade integration remains unclear, especially regarding how technological advancement influences this relationship. study investigates progress mediates effect of drivers—including stability, regulatory compliance, resources, cultural adaptation, environmental policies—on GVC Arabia. Using a quantitative approach, we collected survey data from 178 key decision makers leaders across multiple sectors involved strategic innovation integration. Analysis using partial least squares structural equation modeling revealed drivers significantly influence (β = 0.739, p < 0.01), with playing substantial mediating role 0.460, 0.01). Environmental policies resources demonstrated direct effects on participation, while compliance was fully mediated by advancement. These findings contribute to understanding digital transformation enables economies. The results provide practical insights policymakers business leaders, highlighting importance investing infrastructure technology-enabled facilitation enhance an increasingly environment.

Язык: Английский

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