Integrating Sustainability Measures and Practices in the Ethiopian Industrial Parks: From Review to Conceptual Model
- Sustainable performance demands to show a sustained competitive advantage that lasts a long period. “Industrial Parks” is now the gateway to sustainable development, especially in the least developing countries like Ethiopia, for example. The industrial parks are highly attracting foreign direct investment and working for the inclusive development of the country. Though this is a good start, the capability is at an initial stage and needs support in terms of their performance towards creating a sustainable operation. Based on the evidence of both theoretical and empirical literature findings, this study paper conducted a review and identified the sustainability measures and practices from which it tries to filter the key capability measures and practices for the Ethiopian industrial parks. For integrating the identified practices and measures, as a methodological approach, the theory of dynamic capability process is considered, encompassing sensing, learning, and transforming the cyclic loop. Practices and measures are incorporated inSustainable performance demands to show a sustained competitive advantage that lasts a long period. “Industrial Parks” is now the gateway to sustainable development, especially in the least developing countries like Ethiopia, for example. The industrial parks are highly attracting foreign direct investment and working for the inclusive development of the country. Though this is a good start, the capability is at an initial stage and needs support in terms of their performance towards creating a sustainable operation. Based on the evidence of both theoretical and empirical literature findings, this study paper conducted a review and identified the sustainability measures and practices from which it tries to filter the key capability measures and practices for the Ethiopian industrial parks. For integrating the identified practices and measures, as a methodological approach, the theory of dynamic capability process is considered, encompassing sensing, learning, and transforming the cyclic loop. Practices and measures are incorporated in each process of dynamic capability pillars. A conceptual model was developed as the final output showing the holistic map of the integrated sustainability measures and practices. The measures and practices identified will fully support the sustainable growth and decision process of the industrial park operation. It also adds value to the body of knowledge in industrial sustainability in special economic zones.…

