Green entrepreneurial orientation for enhancing firm performance: A dynamic capability perspective

Jiang, Wenbo; Chai, Huaqi; Shao, Jing; Feng, Taiwen

doi:10.1016/j.jclepro.2018.07.104

Cited by 314 publications

(565 citation statements)

References 91 publications

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“…Despite the weak EI capabilities of most SMEs in the economy, a significant subset of SMEs-often referred as green entrepreneurscan dramatically alter markets through radical product innovations and entrepreneurship (Dean & McMullen, 2007;Demirel, Li, Rentocchini, & Tamvada, 2017;Hockerts & Wüstenhagen, 2010;Jiang, Chai, Shao, & Feng, 2018;Schaper, 2010;Wigger & Shepherd, 2019). Even though the central idea of resource efficiency in the CE is not new to companies and has been core to concepts around lean manufacturing for many decades (Charter, 2018), the CE still presents a drastically different way of operating for most established large businesses.…”

Section: Smes Within the Cementioning

confidence: 99%

Eco‐innovation and firm growth in the circular economy: Evidence from European small‐ and medium‐sized enterprises

2019

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As the circular economy (CE) concept gains growing popularity among consumers and producers, small‐ and medium‐sized enterprises (SMEs) increasingly look for ways to reorganize their offering and operations to integrate into the CE. This study examines the impact of (a) circular eco‐innovations and (b) external funding available for CE activities on the growth of European SMEs using a data set of 5,100 SMEs across 28 European countries in 2016. Findings reveal that a significant threshold investment (i.e., higher than 10% of revenues) into circular eco‐innovations is required for SMEs to benefit from investing into the CE. Moreover, the majority of circular eco‐innovations fail to boost the growth rates of SMEs, with the exception of investments into eco‐design innovations. Although traditional forms of debt and grant finance targeted to CE activities are found to have no or negative impact on the growth of SMEs, equity finance (i.e., angel and venture capital investments) contributes positively to their growth. The study offers insights into the lower levels of SME engagement in the CE as well as policy implications for improving engagement.

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Section: Smes Within the Cementioning

confidence: 99%

Eco‐innovation and firm growth in the circular economy: Evidence from European small‐ and medium‐sized enterprises

2019

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“…Both the industrial policies and stakeholders' pressures push firms to purse sustainable development, which has brought new concerns and challenges to firms' innovative activities (Du, Zhang, & Feng, ; Lioutas & Charatsari, ). Green innovation, which implies that innovations in products or processes lead the companies to higher levels of environmental sustainability, stands out as an important strategic choice (Chang, ; Jiang, Chai, Shao, & Feng, ; Lin et al, ; Tseng, Wang, Chiu, Geng, & Lin, ; Zhao et al, ). The importance of green innovation in enhancing firm performance has been verified by many previous studies (e.g., Chiou, Chan, Lettice, & Chung, ; Lin, Tan, & Geng, ; Tseng et al, ; Zhao et al, ).…”

Section: Introductionmentioning

confidence: 99%

Embracing green innovation via green supply chain learning: The moderating role of green technology turbulence

Lisi

Zhu

Yuan

2019

Sustainable Development

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With the increasingly serious environmental contamination and growingly stringent regulatory pressures, firms should embrace green innovation by learning from their supply chain partners. Although green supply chain learning has been suggested to be a crucial approach for enhancing innovative capability, whether and under what conditions it affects green innovation is still unclear. This study investigates the influence of two dimensions of green supply chain learning (i.e., green supplier and customer learning) on two types of green innovation (i.e., green product and process innovation) and the moderating role of green technology turbulence. Survey data collected from 249 Chinese firms were used to test research hypotheses. The findings show that both green supplier and customer learning positively influence green product and process innovation. However, green technology turbulence moderates these relationships differently. Specifically, green technology turbulence strengthens the impacts of green customer learning on green product and process innovation, while weakens the impact of green supplier learning on green process innovation. The moderating effect of green technology turbulence on the link between green supplier learning and green product innovation is insignificant. These results highlight the importance of learning from supply chain partners for sustainable development and firms' agility in adapting to external technological conditions in implementing their environmental practices.

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“…Since the increasing environmental pressures from different stakeholders, firms should maintain their products/services and operations to be environment-friendly [1][2][3]. As a result, management perception of environmental management has transformed from a cost center to a profit center to meet the requirements of environment protection [4][5][6].…”

Section: Introductionmentioning

confidence: 99%

The Effect of Environmental Orientation on Green Innovation: Do Political Ties Matter?

Feng

Zhao

et al. 2018

Sustainability

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Although the importance of environmental orientation has been recognized, how and under what conditions it influences green innovation is limited. To extend the research on green innovation, our research examines the impacts of two dimensions of environmental orientation on two types of green innovation, as well as the moderating role of political ties. Drawing upon stakeholder theory and resource-based view, we propose research hypotheses. We perform hierarchical regression analysis to validate the hypotheses that is based on survey data collected in 253 Chinese manufacturing companies. Our findings indicate that internal environmental orientation and external environmental orientation are positively linked with both green product innovation and green process innovation. The effect of internal environmental orientation on green process innovation is stronger than that of green product innovation. In addition, political ties strengthen the positive impacts of internal environmental orientation on green product innovation and green process innovation, while attenuating the positive impact of external environmental orientation on green process innovation. These findings contribute to theory and practice by enriching our understanding of how two dimensions of environmental orientation affect two types of green innovation.

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Green entrepreneurial orientation for enhancing firm performance: A dynamic capability perspective

Cited by 314 publications

References 91 publications

Eco‐innovation and firm growth in the circular economy: Evidence from European small‐ and medium‐sized enterprises

Eco‐innovation and firm growth in the circular economy: Evidence from European small‐ and medium‐sized enterprises

Embracing green innovation via green supply chain learning: The moderating role of green technology turbulence

The Effect of Environmental Orientation on Green Innovation: Do Political Ties Matter?

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