Green creativity, responsible innovation, and product innovation performance: A study of entrepreneurial firms in an emerging economy

Adomako, Samuel; Nguyen, Nguyen Phong

doi:10.1002/bse.3373

Cited by 14 publications

(12 citation statements)

References 102 publications

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“…Ambidexterity can enhance the effects that GEO has on green processes and product innovation, ultimately contributing to sustainability (Adomako & Nguyen, 2023). This approach enables companies to integrate competitiveness and sustainability performance in proactive way (Frare & Beuren, 2022).…”

Section: Construct Authors Item Loadingsmentioning

confidence: 99%

The impact of green entrepreneurial orientation on sustainability performance through the effects of green product and process innovation: The moderating role of ambidexterity

Coelho,

Ferreira,

Proença

2023

Bus Strat Env

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Drawing on the dynamic capability perspective, this study examines the impact of green entrepreneurial orientation (GEO) on sustainability performance through green innovation, considering the moderation of ambidexterity. Data were collected through a 26‐item questionnaire administered in two stages to key respondents from the operations and administrative/commercial departments, resulting in 369 valid responses from industrial small and medium‐sized enterprises (SMEs) in 13 Portuguese industrial districts. The findings reveal that GEO positively influences green processes and product innovation. This suggests that companies with this orientation prioritize environmental protection and business growth through green innovation. Consequently, these innovations enhance sustainability performance across the triple bottom line dimensions, highlighting the link between GEO and the mitigation of negative environmental impacts. The study argues that sustainability can drive competitiveness and stresses the need to balance exploration and exploitation to maximize the benefits of GEO on green innovation and sustainability.

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Section: Construct Authors Item Loadingsmentioning

confidence: 99%

The impact of green entrepreneurial orientation on sustainability performance through the effects of green product and process innovation: The moderating role of ambidexterity

Coelho,

Ferreira,

Proença

2023

Bus Strat Env

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“…The successful implementation of RI relies on the strategic integration of resources and dynamic capabilities within an organization. Resources, including tangible and intangible assets, managing skills, and knowledge, serve as the foundation for a firm's competitive advantage (Adomako & Nguyen, 2023; Barney, 1991; Barney et al, 2011; Leonidou et al, 2017). However, in today's rapidly changing business landscape, sustaining this advantage demands the adaptive power of dynamic capabilities.…”

Section: Theoretical Bases and Hypotheses Developmentmentioning

confidence: 99%

“…Furthermore, understanding the required resources and capabilities for RI implementation is crucial. Distinctive competency, evolving over time, sets firms apart in the market and may encompass organizational culture, knowledge and experience, technology and infrastructure, coordination systems, and a network of partners and stakeholders (Adomako & Nguyen, 2023). Achieving RI as a distinctive competency demands additional resources and capabilities, including human, time, physical, and financial resources.…”

Section: Theoretical Bases and Hypotheses Developmentmentioning

confidence: 99%

“…A lot of work has been conducted in this newly developed field recently (Adomako & Tran, 2022; Brand & Blok, 2019; Halme & Korpela, 2014; Ko et al, 2020; Lees & Lees, 2018; Lubberink et al, 2019; Scholten & van der Duin, 2015; Silva et al, 2019; Stilgoe et al, 2013; van de Poel et al, 2020; Zahoor et al, 2022), but these studies on RI are merely a prelude. They are coupled with a dearth of comprehensive empirical research, resulting in limited knowledge regarding its applicability for economic benefits and gains (Adomako & Nguyen, 2023; Memon & Ooi, 2022). The ambiguity surrounding the impact of RI on firms' performance, its practical applicability, and the social and economic benefits and gains are the most significant reasons for firms' reluctance to adopt RI practices (Brand & Blok, 2019; Ko et al, 2020; Lees & Lees, 2018).…”

Section: Introductionmentioning

confidence: 99%

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Responsible innovation and corporate sustainability performance: A structural equation modeling‐neural network approach

Memon,

Ooi,

Han

2023

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Technological innovations may bring unintended consequences despite their potential usefulness. Responsible innovation (RI) has gained increasing popularity in high‐tech nations as a means to mitigate potentially disruptive technological developments. Unfortunately, existing RI research has not sufficiently elucidated the sustainability performance of firms, leading to ambiguous theoretical underpinnings, relationships, and practical applicability. This study aims to address these concerns and provide directions for future research on RI. Based on the resource‐based view, the research introduces RI as a distinctive competency of a firm to investigate the mechanisms driving sustainability performance, measured in three areas: financial, social, and environmental. The study presents the antecedents of RI as a driving force that can enable businesses to gain a sustainable competitive advantage (SCA) and improve sustainability performance. Data were collected from 190 innovative manufacturing firms in Malaysia. First, structural equation modeling (SEM) was utilized to investigate the antecedents that significantly influence RI. In the second phase, artificial neural network (ANN) analysis was employed to rank the significant predictors identified through SEM. Furthermore, the RI dimensions that lead to SCA and sustainability performance were also ranked using ANN, offering practical strategic business directions for managers.

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“…Green innovation (GI) became a central issue in the corporate world, as companies are increasingly recognizing the need to adopt sustainable practices to remain competitive and address the pressing environmental challenges of SP, FP, and GI (Adomako & Nguyen, 2023; Bos‐Brouwers, 2010; Iqbal et al, 2021; Khan et al, 2021; Mehraj & Kaur, 2022). GI refers to the development and commercialization of new products, services, and processes that are environmentally friendly and sustainable (Lovarelli et al, 2020; Nnamani et al, 2017).…”

Section: Introductionmentioning

confidence: 99%

The impact of green innovation on sustainability and financial performance: Evidence from the Jordanian financial sector

Srouji,

Hamdallah,

Al‐Hamadeen

et al. 2023

Bus Strat Dev

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The purpose of this study is to examine the relationship between sustainability performance (SP) and financial performance (FP), based on performance disclosures (reporting) of the Jordanian financial sector for the period of 2017–2020. The study employs green innovation (GI) indicators as moderating and mediating variables; by using hierarchical regression; as means of unlocking and examining the relationship between SP and FP; through the lens of the stakeholder theory. The hierarchical regression findings suggest that GI indicators partially mediate the relationship between SP and FP, but do not demonstrate a moderating effect. As a main result, it is indicated that Jordanian financial institutions may use SP transparency indicators as an incentive variable, which could influence their overall FP. The research also contributes to the existing literature by adding insight into the use of GI indicators in a developing country and the potential impact on financial institutions markets. These findings lend empirical credence to the generally held belief that increase disclosure benefits for both internal and external users.

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Green creativity, responsible innovation, and product innovation performance: A study of entrepreneurial firms in an emerging economy

Cited by 14 publications

References 102 publications

The impact of green entrepreneurial orientation on sustainability performance through the effects of green product and process innovation: The moderating role of ambidexterity

The impact of green entrepreneurial orientation on sustainability performance through the effects of green product and process innovation: The moderating role of ambidexterity

Responsible innovation and corporate sustainability performance: A structural equation modeling‐neural network approach

The impact of green innovation on sustainability and financial performance: Evidence from the Jordanian financial sector

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