Risk Assessment for Engagement in Sharing Economy of Manufacturing Enterprises: A Matter–Element Extension Based Approach

At present, manufacturing enterprises in China and across the world are undergoing a critical period of transformation and upgrading for sustainable development, with various obstacles such as financing difficulties and imperfect production facilities. The emergence of the sharing economy may provid...

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Main Authors: Quan Xiao, Shanshan Wan, Fucai Lu, Shun Li
Format: Article
Language:English
Published: MDPI AG 2019-09-01
Series:Sustainability
Subjects:
Online Access:https://www.mdpi.com/2071-1050/11/17/4774
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spelling doaj-6ee45a50b67f4b33ba1f7571283574fd2020-11-24T22:13:35ZengMDPI AGSustainability2071-10502019-09-011117477410.3390/su11174774su11174774Risk Assessment for Engagement in Sharing Economy of Manufacturing Enterprises: A Matter–Element Extension Based ApproachQuan Xiao0Shanshan Wan1Fucai Lu2Shun Li3School of Information Management, Jiangxi University of Finance and Economics, Nanchang 330032, ChinaSchool of Information Management, Jiangxi University of Finance and Economics, Nanchang 330032, ChinaInstitute of Industrial Economics, Jiangxi University of Finance and Economics, Nanchang 330013, ChinaSchool of Information Management, Jiangxi University of Finance and Economics, Nanchang 330032, ChinaAt present, manufacturing enterprises in China and across the world are undergoing a critical period of transformation and upgrading for sustainable development, with various obstacles such as financing difficulties and imperfect production facilities. The emergence of the sharing economy may provide a feasible solution for manufacturing enterprises, but meanwhile, unpredictable risks are bound to arise in the process of Engagement in the Sharing Economy of Manufacturing Enterprises (ESEME), and the assessment for the risk of ESEME is an important issue that requires special attention. Based on the characteristics of ESEME, a risk assessment indicator system is constructed, and a matter−element extension based approach is proposed to assess the risk of ESEME. The comprehensive risk value of ESEME can be calculated, and by means of sensitivity analysis and combinatory analysis, sensitive risk indicators and the risk type of indicators are identified. The innovation is embodied in three aspects: the sharing economy is studied by the matter−element extension method, the minimum deviation weight is adopted, and the risk is identified by sensitivity analysis and combinatory analysis. This assessment method is applied to enterprise E, and good results are obtained. This work is conducive to promoting manufacturing enterprises to engage in the sharing economy, which provides an effective vision for enterprises to implement risk management strategies, and also offers references for the government to formulate relevant policies for ESEME.https://www.mdpi.com/2071-1050/11/17/4774risk assessmentsharing economymanufacturing enterpriseengagementmatter–element
collection DOAJ
language English
format Article
sources DOAJ
author Quan Xiao
Shanshan Wan
Fucai Lu
Shun Li
spellingShingle Quan Xiao
Shanshan Wan
Fucai Lu
Shun Li
Risk Assessment for Engagement in Sharing Economy of Manufacturing Enterprises: A Matter–Element Extension Based Approach
Sustainability
risk assessment
sharing economy
manufacturing enterprise
engagement
matter–element
author_facet Quan Xiao
Shanshan Wan
Fucai Lu
Shun Li
author_sort Quan Xiao
title Risk Assessment for Engagement in Sharing Economy of Manufacturing Enterprises: A Matter–Element Extension Based Approach
title_short Risk Assessment for Engagement in Sharing Economy of Manufacturing Enterprises: A Matter–Element Extension Based Approach
title_full Risk Assessment for Engagement in Sharing Economy of Manufacturing Enterprises: A Matter–Element Extension Based Approach
title_fullStr Risk Assessment for Engagement in Sharing Economy of Manufacturing Enterprises: A Matter–Element Extension Based Approach
title_full_unstemmed Risk Assessment for Engagement in Sharing Economy of Manufacturing Enterprises: A Matter–Element Extension Based Approach
title_sort risk assessment for engagement in sharing economy of manufacturing enterprises: a matter–element extension based approach
publisher MDPI AG
series Sustainability
issn 2071-1050
publishDate 2019-09-01
description At present, manufacturing enterprises in China and across the world are undergoing a critical period of transformation and upgrading for sustainable development, with various obstacles such as financing difficulties and imperfect production facilities. The emergence of the sharing economy may provide a feasible solution for manufacturing enterprises, but meanwhile, unpredictable risks are bound to arise in the process of Engagement in the Sharing Economy of Manufacturing Enterprises (ESEME), and the assessment for the risk of ESEME is an important issue that requires special attention. Based on the characteristics of ESEME, a risk assessment indicator system is constructed, and a matter−element extension based approach is proposed to assess the risk of ESEME. The comprehensive risk value of ESEME can be calculated, and by means of sensitivity analysis and combinatory analysis, sensitive risk indicators and the risk type of indicators are identified. The innovation is embodied in three aspects: the sharing economy is studied by the matter−element extension method, the minimum deviation weight is adopted, and the risk is identified by sensitivity analysis and combinatory analysis. This assessment method is applied to enterprise E, and good results are obtained. This work is conducive to promoting manufacturing enterprises to engage in the sharing economy, which provides an effective vision for enterprises to implement risk management strategies, and also offers references for the government to formulate relevant policies for ESEME.
topic risk assessment
sharing economy
manufacturing enterprise
engagement
matter–element
url https://www.mdpi.com/2071-1050/11/17/4774
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AT shanshanwan riskassessmentforengagementinsharingeconomyofmanufacturingenterprisesamatterelementextensionbasedapproach
AT fucailu riskassessmentforengagementinsharingeconomyofmanufacturingenterprisesamatterelementextensionbasedapproach
AT shunli riskassessmentforengagementinsharingeconomyofmanufacturingenterprisesamatterelementextensionbasedapproach
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