scholarly journals Green entrepreneurship and SME performance: the moderating effect of firm age

2021 ◽  
Author(s):  
Chenli Yin ◽  
Maria Paz Salmador ◽  
Dan Li ◽  
M. Begoña Lloria
Keyword(s):  
Firm Performance ◽  
Moderating Effect ◽  
Environment Protection ◽  
Utility Model ◽  
Firm Age ◽  
Green Innovation ◽  
Empirical Results ◽  
Green Entrepreneurship ◽  
Scholarly Attention

AbstractGreen entrepreneurship has been increasing with growing attention to environment protection by a variety of stakeholders. Green innovation, as the essence of green entrepreneurship, has attracted a broad range of scholarly attention with yet inconclusive findings regarding its effect on firm performance. According to our analyses of 1667 firms listed on SME board and GEM in China during the period from 2010 to 2019, we find interesting results regarding the type of green innovation involved and the moderating effect of firm age on the link between green innovation and SME performance. More precisely, we find green utility-model innovation positively influences firm performance for SMEs, whereas green invention innovation does not contribute to firm performance overall. More interesting, our empirical results suggest that older firms benefit more from both green invention innovation and green utility-model innovation than younger firms. This research contributes to the literature on green entrepreneurship as well as green innovation.

scholarly journals Sequential Alliance Portfolios, Partner Reconfiguration and Firm Performance

2019 ◽  
Vol 11 (21) ◽  
pp. 5904
Author(s):  
Jie Liang ◽  
Peng Shao
Keyword(s):  
Sustainable Development ◽  
Firm Performance ◽  
Moderating Effect ◽  
Practical Significance ◽  
Tie Strength ◽  
Alliance Portfolio ◽  
Empirical Results ◽  
Using Data ◽  
Alliance Portfolios

This study develops multi-dimensional partner reconfiguration strategies and addresses how they affect firm performance in a series of alliance portfolios by applying the dynamic sustainable perspective. Using data collected from 565 fund product alliance portfolios initiated by 61 Chinese fund firms during a five-year period from 2007 to 2011, the empirical results indicate that both dropping active partners and adding new ones will reduce firm performance. By contrast, reintroducing previous partners will increase firm performance. The average tie strength of the last alliance portfolio moderates the influences of partner reconfigurations on firm performance. Specifically, it negatively moderates the effect of dropping active partners and positively moderates the effect of adding new partners. However, its moderating effect on the influence of reintroducing previous partners is insignificant. These findings have positive theoretical and practical significance for firms pursuing sustainable development by clarifying when and how partner reconfiguration strategies influence firm performance.

scholarly journals Green Innovation in Environmental Complexity: The Implication of Open Innovation

2021 ◽  
Vol 7 (2) ◽  
pp. 107
Author(s):  
Ieva Meidute-Kavaliauskiene ◽  
Şemsettin Çiğdem ◽  
Aidas Vasilis Vasiliauskas ◽  
Bülent Yıldız
Keyword(s):  
Firm Performance ◽  
Open Innovation ◽  
Environmental Uncertainty ◽  
Environmentally Friendly ◽  
Maximum Level ◽  
Survey Method ◽  
Green Innovation ◽  
Environmental Complexity ◽  
Data Set ◽  
Innovation Activities

People have become more conscientious about the environment in recent years. Increasing environmental awareness drives customers to be more selective about environmentally friendly products and forces governments to adopt environmentally friendly policies. As a result, competition in the market becomes more challenging. Thus, companies cannot remain indifferent to adopting environmentally friendly strategies to be sustainable. In this regard, this study investigates the effect of green innovation on firm performance. We also examined whether the environmental uncertainty moderates the investigated effect. For this purpose, first, data were collected from the first 1000 exporting firms declared in 2019 by the Turkey Exporters Assembly using a survey method. Secondly, factor analyses and regression analyses were performed with the data set obtained from 136 companies. As a result of the analysis, it was determined that green innovation increases both environmental performance and economic performance. It also was found that green innovation positively affects firm performance, but environmental uncertainty reduces this effect. According to these results, it was offered that firms should increase their green innovation activities to achieve better outputs and seek ways to reduce environmental uncertainty to keep these outputs at the maximum level. Finally, the research includes some considerations on the positive implications and potential of green innovation in an open-innovation context.

scholarly journals Sorting into Contests: Evidence from Production Contracts

2019 ◽  
Vol 19 (1) ◽  
Author(s):  
Zhen Wang ◽  
Tomislav Vukina
Keyword(s):  
Fixed Effects ◽  
Random Utility Model ◽  
Random Utility ◽  
Utility Model ◽  
Fixed Effects Model ◽  
Empirical Results ◽  
Production Contracts ◽  
Contract Choice ◽  
Lower Ability ◽  
Profit Maximizing

Abstract In this paper, we investigate sorting patterns among chicken producers who are offered a menu of contracts to choose from. We show that the sorting equilibrium reveals a positive sorting where higher ability producers self-select themselves into contracts to grow larger chickens and lower ability types self-select themselves into contracts to grow smaller birds. We also show that eliciting this type of sorting behavior is profit maximizing for the principal. In the empirical part of the paper, we first estimate growers’ abilities using a two-way fixed effects model and subsequently use these estimated abilities to estimate a random utility model of contract choice. Our empirical results are supportive of the developed theory.

scholarly journals Green Innovation, Managerial Concern and Firm Performance: An Empirical Study

2017 ◽  
Vol 27 (1) ◽  
pp. 39-51 ◽  
Author(s):  
Mingfeng Tang ◽  
Grace Walsh ◽  
Daniel Lerner ◽  
Markus A. Fitza ◽  
Qiaohua Li
Keyword(s):  
Firm Performance ◽  
Empirical Study ◽  
Green Innovation

Strategic orientations, firm performance and the moderating effect of absorptive capacity

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Manuel-Alejandro Ibarra-Cisneros ◽  
María del Rosario Demuner-Flores ◽  
Felipe Hernández-Perlines
Keyword(s):  
Firm Performance ◽  
Market Orientation ◽  
Absorptive Capacity ◽  
Entrepreneurial Orientation ◽  
Manufacturing Firms ◽  
Moderating Effect ◽  
Equation Modeling ◽  
Content Type ◽  
Strategic Orientations ◽  
The Relationship

PurposeThe purpose of this article is to study the moderating effect of absorptive capacity, defined as the set of organizational routines and processes through which companies acquire, assimilate, transform and exploit knowledge to produce a dynamic organizational capacity (Zahra and George, 2002), in three strategic orientations: market orientation; technology orientation and entrepreneurial orientation and their positive relationship in the performance of the medium and large Mexican manufacturing firms. Likewise, it is determined whether these three combined SOs influence firm performance.Design/methodology/approachThe data was collected from 171 medium and large-sized Mexican manufacturing firms. The proposed hypotheses are tested using partial least square structural equation modeling (PLS-SEM).FindingsDespite the importance of knowledge for the development of firms, the results indicate that the moderating effect of absorptive capacity is only present in the relationship between entrepreneurial orientation and firm performance. That is, firms cannot take advantage of knowledge simultaneously between the three strategic orientations. For their part, market orientation and entrepreneurial orientation exert a positive influence on firm performance.Practical implicationsThe main practical implication for the manufacturing industry is that they must develop mechanisms to detect what kind of knowledge affects each strategic orientation, in this way it can make the absorptive capacity influence the relationships between SO and FP.Originality/valueThe main contribution consists of studying the moderating effect of the absorptive capacity on the relationship between three strategic orientations and firm performance, and not concentrating solely on the simultaneous use of these strategies as is commonly done.

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