Eco-innovation influence on business performance in Jordanian micro, small and medium enterprises operating in the food processing sector

Abstract

Innovative performance is a fundamental asset for building competitive advantage of micro, small and medium enterprises MSMEs. This research empirically examines the direct and indirect relationship between eco-innovation and business performance in Jordanian MSMEs enterprises working in the food processing sector. This research draws on the resource-based view theory to investigate the inter-relationships among three types of eco-innovation (process, product, organizational) and their relative impact on business performance. Furthermore, the researchers used structural equation modelling of 86 samples collected from Jordanian MSMEs operating in the food processing sector. The major contribution of this research is providing a holistic view that explains the inter-relationship among eco-process, eco-product, and eco-organizational innovation. The research reveals the impact of eco-innovation variables on business performance. The greatest is the impact of eco-process on business performance followed by eco-product and eco-organizational respectively. Regarding the effect of eco-organizational and eco-process innovation on eco-product, the findings of the study showed that the greatest is the effect of eco-organizational followed by eco-process. According to the post hoc, the mean differences show that there is statically significant difference in the responses of the respondents towards eco- process regarding different organization age.

Analysis of the Influence of Technical Expertise, Market Orientation, Social Capital, and Innovation on the Performance of Micro and Small Businesses in the Technology Sector

“…Innovation, encompassing the development and adoption of new ideas, products, processes, or business models, is a key driver of competitive advantage and differentiation in the technology industry. This finding is consistent with existing literature highlighting the positive impact of innovation on business performance such as (Al-Hanakta et al, 2023;Blommerde, 2022;Irwanti et al, 2020;Pastor Pérez et al, 2019;Shahzad et al, 2022), as innovative businesses are better positioned to meet evolving customer needs, penetrate new markets, and outperform competitors. By continuously investing in research and development, fostering a culture of creativity and experimentation, and embracing emerging technologies, businesses can drive product improvements, operational efficiencies, and market disruption, ultimately leading to enhanced performance and growth.…”

Effect of Residents’ Attitude on their Perceived Effects of Tourism and Support for Sustainable Tourism

“…By challenging the traditional tourism-centric discourse, eco-centric values encourage the adoption of more sustainable-oriented approaches in tourism governance (Lindström, 2020). Furthermore, eco-centric values drive eco-innovation in the tourism industry, which involves the development and implementation of new products, services, processes, and business models with a positive environmental impact (Al-Hanakta et al, 2023). Ultimately, understanding how residents' attitudes shape their perception is essential in better explaining its linkages with the support for sustainable tourism development.…”

How to business environment affect green innovation in small medium enterprises: Systematic literature review

“…In its conclusion, the paper highlights the importance of green human resource management, green transformational leadership, and green innovation in promoting environmental performance in organizations. Additionally, the paper suggests that future research should concentrate on the circumstantial factors that influence the association between these variables [7].…”