scholarly journals Policy orientation, knowledge dynamic ability and green innovation: A mediation model based on China provincial panel data

2021 ◽  
Vol 39 (1) ◽  
pp. 9-37
Author(s):  
Li Fang ◽  
Zhang Sheng
Keyword(s):  
Knowledge Acquisition ◽  
Knowledge Production ◽  
Knowledge Integration ◽  
Government Subsidy ◽  
Green Innovation ◽  
Policy Orientation ◽  
Mediating Role ◽  
Green Product Innovation ◽  
Green Process Innovation ◽  
The Relationship

Environmental supervision and government subsidy are important tools for government to promote green innovation. The influence of these two policy orientations on green innovation performance is spreading widely, but the specific indirect mechanism of policy orientation inducing green innovation needs further exploring. This paper introduces the knowledge-dynamic ability (knowledge production ability, knowledge acquisition ability, knowledge integration ability) into the analysis framework of enterprise green innovation, and studies the mediating effect of the knowledge-dynamic ability on policy orientation and green innovation. Based on the panel data of 30 provinces in China from 2000 to 2015, the empirical findings are as follows: Firstly, the knowledge-dynamic ability plays a remarkable mediating role in promoting between policy orientation and green innovation, which indicates that improving the knowledge-dynamic ability is a core mechanism of policy orientation to induce enterprise green innovation. Secondly, the knowledge-dynamic ability plays a complete mediating role in the relationship between environmental supervision and green innovation. Environmental supervision promotes green process innovation by enhancing knowledge acquisition ability and induces green product innovation by enhancing knowledge production ability. Thirdly, the knowledge-dynamic ability plays a partial mediating role in the relationship between government subsidy and green innovation. Government subsidy improves enterprise green process innovation by enhancing knowledge acquisition ability and knowledge integration ability, and induces enterprise green product innovation by enhancing knowledge production ability and knowledge integration ability.

scholarly journals Organizational Learning and Green Innovation: Does Environmental Proactivity Matter?

2018 ◽  
Vol 10 (10) ◽  
pp. 3737 ◽  
Author(s):  
Yali Zhang ◽  
Jun Sun ◽  
Zhaojun Yang ◽  
Shurong Li
Keyword(s):  
Emerging Economies ◽  
Dynamic Capabilities ◽  
Corporate Sustainability ◽  
Capability Development ◽  
Green Innovation ◽  
Resource Based View ◽  
Green Product Innovation ◽  
And Performance ◽  
Green Process Innovation ◽  
Internal Stakeholders

Emerging economies face the challenge of striking a balance between development and the environment. To adapt to the changes, organizations must develop dynamic capabilities for green innovation and corporate sustainability. Based on a resource-based view integrated with contingency and stakeholder theories, this study examines how strategic contingency makes differences in the transformation between learning and performance resources through innovation efforts. Oriented toward external and internal stakeholders, respectively, learning resources comprise absorptive capacity and transformative capability, innovation efforts include green product innovation and green process innovation, and performance resources contain green image and competitive advantage. Depicting their mediating relationships moderated by environmental proactivity, the research model is supported by survey observations collected from over 300 organizations in China. Environmentally proactive organizations are found to have more balanced dynamic capability development than those that are more reactive. To optimize green innovation, therefore, organizations need to embrace an ecological strategy and engage employees in learning.

The mediating role of financial performance in the relationship between green innovation and firm value: evidence from ASEAN countries

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Nur Asni ◽  
Dian Agustia
Keyword(s):  
Financial Performance ◽  
Firm Value ◽  
Mediating Effect ◽  
Manufacturing Companies ◽  
Green Innovation ◽  
Content Type ◽  
Mediating Role ◽  
Asean Countries ◽  
The Relationship

PurposeThe purpose of this paper is to investigate the mediating role of financial performance (FP) in modelling the relationship between green innovation (GI) and firm value (FV), using ASEAN countries as sample with panel analysis.Design/methodology/approachA panel data was collected from 374 publicly traded companies in six ASEAN countries, and was analysed using feasible general least squares (FGLS) to control heteroscedasticity and serial correlation.FindingsThe findings suggest that financial performance, namely return on assets (ROA) and return on equity (ROE), has a significant value in mediating the relationship between GI and FV. This illustrates that investors in the ASEAN region's capital market are more interested in the economic motivation for companies implementing GI. Other findings also provide evidence that ROA and ROE have positive and significant effects on FV. This indicates that the profitability resulting from a firm's ability to continuously innovate has a positive impact on the creation of value by manufacturing companies in the ASEAN region.Research limitations/implicationsThe number of observations is still relatively limited, from manufacturing companies listed on stock exchanges in the ASEAN countries. The total number of samples used in this study was 374 companies with 22.30% of the total population.Originality/valueThis study combines the different types of secondary data to provide panel evidence on the mediating effect of financial performance using ROA and ROE in the relationship between green innovation and firm value, using ASEAN countries as the sample.

How does coopetition affect radical innovation? The roles of internal knowledge structure and external knowledge integration

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Huanhuan Chen ◽  
Yanhong Yao ◽  
Ao Zan ◽  
Elias G. Carayannis
Keyword(s):  
Knowledge Integration ◽  
Knowledge Structure ◽  
Radical Innovation ◽  
Content Type ◽  
External Knowledge ◽  
Mediating Role ◽  
Architectural Knowledge ◽  
The Relationship ◽  
Positive Effect

Purpose Building on the resource- and knowledge-based views, this paper aims to explore how coopetition affects radical innovation and the roles of knowledge structure and external knowledge integration in the relationship between coopetition and radical innovation. Design/methodology/approach This study proposes a research model to examine the mediating role of external knowledge integration on the coopetition-radical innovation link, where the mediation is moderated by the firm’s knowledge structure (including component knowledge and architectural knowledge). The authors use regression and bootstrapping to test the proposed model with survey data from 241 Chinese technology firms. Findings This study finds that coopetition positively affects radical innovation and the effect is fully mediated by external knowledge integration. Additionally, component knowledge negatively moderates the coopetition-external knowledge integration link and architectural knowledge positively moderates this relationship. Further, the mediating effect of external knowledge integration is also moderated by component knowledge and architectural knowledge. Practical implications Firms should engage in coopetition to promote radical innovation. Further, it is necessary for firms to appropriately manage coopetition according to their internal knowledge structure. Originality/value This study explains why scholars have different ideas about the relationship between coopetition and radical innovation by exploring the mediating role of external knowledge integration and the moderating effect of knowledge structure. Firms possess increased possibilities for knowledge leakage and partner opportunism with high levels of component knowledge, which will reduce the positive effect coopetition on external knowledge integration; thus, they are less likely to realize radical innovation. Instead, firms possess increased opportunities for resource sharing with high levels of architectural knowledge, thus improving the positive effect coopetition on external knowledge integration and they are more likely to achieve radical innovation.

scholarly journals Profiting from Green Innovation: The Moderating Effect of Competitive Strategy

2018 ◽  
Vol 11 (1) ◽  
pp. 15 ◽  
Author(s):  
Jiawen Chen ◽  
Linlin Liu
Keyword(s):  
Competitive Strategy ◽  
Innovation Management ◽  
Green Innovation ◽  
Competitive Strategies ◽  
Theoretical Understanding ◽  
Differentiation Strategy ◽  
Leadership Strategy ◽  
Green Product Innovation ◽  
Green Process Innovation ◽  
Cost Leadership Strategy

Despite the importance of green innovation, empirical evidence on its relationship with firm performance is mixed. This study endeavors to address this inconsistency in the evidence by investigating the value-capturing role of competitive strategy. It argues that firms tend to choose appropriate a competitive strategy to maximize performance of green innovation, especially in highly competitive contexts. We collected data from 195 firms in China. Our results suggest that the performance implications of green innovation (including green product innovation and green process innovation) are moderated by competitive strategies (including differentiation strategy and cost-leadership strategy), and these moderating effects are more prominent when competitive intensity is high. The findings of this study enrich theoretical understanding both of green innovation and of competitive strategy and have practical implications for green innovation management.

scholarly journals How Green Transformational Leadership Affects Green Creativity: Creative Process Engagement as Intermediary Bond and Green Innovation Strategy as Boundary Spanner

2020 ◽  
Vol 12 (9) ◽  
pp. 3841 ◽  
Author(s):  
Wengang Zhang ◽  
Feng Xu ◽  
Xuefeng Wang
Keyword(s):  
Transformational Leadership ◽  
Creative Process ◽  
Innovation Strategy ◽  
Green Innovation ◽  
Boundary Spanner ◽  
Green Management ◽  
Mediating Role ◽  
Underlying Mechanisms ◽  
Relationship Of ◽  
The Relationship

Focusing on China’s steel industry, the effect of green transformational leadership on employee green creativity, its underlying mechanisms, and the conditions that govern the situation are examined. The sample analysis of 298 employees working with 46 supervisors from 23 companies indicates that green transformational leadership positively affects employee green creativity, and creative process engagement plays a mediating role in the relationship of green transformational leadership to employee green creativity. Moreover, the mediated role is moderated by green innovation strategy, which is used as a boundary spanner to affect the whole path linked by creative process engagement, so that this effect is strengthened when the level of green innovation strategy is high, rather than low. The results verify the hierarchical linear hypothesized model, which is helpful to sketch a more complete view of the relationship between green transformational leadership, creative process engagement, green innovation strategy, and green creativity, and to provide beneficial insights for innovative practice and the green management of steel enterprises.

ESG and corporate financial performance: the mediating role of green innovation: UK common law versus Germany civil law

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Salim Chouaibi ◽  
Jamel Chouaibi ◽  
Matteo Rossi
Keyword(s):  
Financial Performance ◽  
Firm Value ◽  
Mediation Effect ◽  
Green Innovation ◽  
Content Type ◽  
Mediating Role ◽  
Thomson Reuters ◽  
The Board Of Directors ◽  
The Relationship

PurposeThe purpose of this paper is to investigate the direct and indirect links between environmental, social and governance (ESG) practices and financial performance using the mediate role of green innovation.Design/methodology/approachTo test the current study hypotheses, the authors applied linear regressions with a panel data using the Thomson Reuters ASSET4 and Bloomberg database from a sample of 115 UK and 90 Germany companies selected from the ESG index over the period 2005–2019.FindingsThe results show that the strengths ESG increase the firm value and the weaknesses decrease it. In addition, the authors find that green innovation fully mediates the relationship between ESG practices and financial performance in UK and Germany.Practical implicationsThe findings provide interesting implications to academics practitioners and regulators who are interested in discovering ESG score, financial performance and green innovation. The results also provide insights to regulators and the board of directors on future growth opportunities for the company and the country.Originality/valueThis study is unique in examining the mediation effect of green innovation on the relationship between ESG practices and financial performance.

scholarly journals Institutional Pressure and Green Product Success: The Role of Green Transformational Leadership, Green Innovation, and Green Brand Image

2021 ◽  
Vol 12 ◽  
Author(s):  
Jian Zhou ◽  
Lucinda Sawyer ◽  
Adnan Safi
Keyword(s):  
Transformational Leadership ◽  
Product Innovation ◽  
Brand Image ◽  
Green Product ◽  
Product Success ◽  
Institutional Pressure ◽  
Green Product Innovation ◽  
Green Process Innovation ◽  
The Relationship

Rapid economic growth has led to economic activities which have caused extensive environmental damage to the planet. Companies have sought to adapt their business methods to reduce their carbon footprint in order to meet regulations, satisfy consumer preferences and keep up with changing societal expectations. The relationship between institutional pressure and green product performance will be an important issue in corporate green management. This article looked through the lens of green innovation and explored the moderating role of green brand image between green product innovation and new green product success. Utilising the data of 243 managers in Mainland China, structural equation modelling results found that institutional pressure is positively correlated to green transformational leadership, green transformational leadership is positively correlated to green process innovation, green process innovation is positively correlated to green product innovation, green product innovation is positively correlated with new green product success, green brand image moderates the relationship between green product innovation and new green product performance. The research results provide theoretical and practical implications for enterprises to relieve institutional pressure and build specific green competitive advantages.

scholarly journals The Mediating Role of Environmental Innovation on Knowledge Acquisition and Corporate Performance Relationship—A Study of SMEs in China

2019 ◽  
Vol 11 (8) ◽  
pp. 2315 ◽  
Author(s):  
Ying Guo ◽  
Lifang Wang ◽  
Miao Wang ◽  
Xiaodi Zhang
Keyword(s):  
Knowledge Acquisition ◽  
Economic Performance ◽  
Positive Impact ◽  
Technical Knowledge ◽  
Environmental Innovation ◽  
Market Knowledge ◽  
External Knowledge ◽  
Mediating Role ◽  
The Relationship ◽  
External Knowledge Acquisition

Open innovation theory believes that external knowledge acquisition is the key to gaining competitive advantage. This research aimed to examine the relationship between external knowledge acquisition, environmental innovation, and performance of small and medium-sized enterprises (SMEs). This study divides the external knowledge acquisition of enterprises into external technical knowledge acquisition and external market knowledge acquisition, and examines this theoretical framework with environmental innovation as a mediator. Using a sample of 416 Chinese SMEs, empirical results revealed that high levels of technical knowledge acquisition and market knowledge acquisition were positively related to SMEs’ performance. The positive impact of technical knowledge acquisition is mainly embodied through economic performance; the positive impact of market knowledge acquisition is mainly embodied through environment performance. Meanwhile, environmental innovation plays a significant mediating role in the relationship between external knowledge acquisition and enterprise performance; environmental performance plays a significant mediating role in the relationship between environmental innovation and economic performance. This paper provides several managerial implications for managers and policy makers to improve SMEs’ performance.

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