HERFINDAHL-HIRSCHMAN INDEX (HHI), VALUE CO-CREATORS AND GREEN PRACTICES FOR INDUSTRY

Abstract

The intensity of inventiveness for green logistics and supply chain management in industries can be effectively measured using the Herfindahl-Hirschman Index (HHI) to encourage environmental compliance within the sustainable development goals (SDG) of SDG 9,11 and 12. These SDG goals adhere to responsible industry, innovation and infrastructure, sustainable cities and communities, and responsible consumption and production. Research in the telecommunications industry suggests that increased market efficiency correlates with greater opportunities for market segmentation and economic growth in green logistics and supply chain management. This study identifies value co-creators for industries to intensify and leverage inventiveness for green practices and environmental compliance measurable by the HHI. Utilizing time series data from the International Telecommunications Union and the World Bank, the research identifies the main value co-creators in India, including human capital and infrastructure, innovation and technology and economic indicators such as investments in telecommunications, purchasing power parity, and gross domestic product. These factors collectively drive the social and economic services value addition in India, fostering overall development and sector-specific growth.