Assessing the economic impacts of eco‐innovation strategies across contexts shaped by different institutional and structural pressures

IF 8.3 2区 管理学 Q1 BUSINESS
Beatriz Forés
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Abstract

In the face of escalating environmental challenges, eco‐innovation (EI) has emerged as a crucial strategy for businesses aiming to balance ecological responsibility with economic and social performance. This study explores the impact of various EI strategies on the economic performance of firms, analyzing the contingent effect of both institutional and structural factors in dirty and clean industries. Using data from the Spanish Technological Innovation Panel (PITEC) spanning the period 2009–2016, our findings reveal that context matters for the effectiveness of EI strategies in enhancing economic performance. In stable environments with low institutional pressures, dirty industries benefit from R&D‐centric strategies, whereas in clean industries only efficiency‐centric and ambidextrous strategies yield economic gains. Similarly, in moderate institutional environments, the advantages offered by EI strategies hold for clean and dirty industries; however, ambidextrous EI strategies yield more economic advantages in both industry types. In dynamic environments, proactive strategies such as R&D‐centric and ambidextrous approaches are crucial for both dirty and clean industries. Firms in this situation should thus invest in assets and practices that enhance R&D for EI, as efficiency‐centric strategies are less effective in dynamic contexts. The findings have interesting implications for managers and policymakers, underlining the need for a nuanced approach to supporting and implementing EI initiatives.
评估生态创新战略在不同体制和结构压力下产生的经济影响
面对不断升级的环境挑战,生态创新(EI)已成为企业旨在平衡生态责任与经济和社会绩效的重要战略。本研究探讨了各种生态创新战略对企业经济绩效的影响,分析了肮脏和清洁行业中制度和结构因素的权变效应。利用西班牙技术创新小组(PITEC)2009-2016 年期间的数据,我们的研究结果表明,环境对环境创新战略提高经济绩效的有效性至关重要。在制度压力较小的稳定环境中,肮脏产业受益于以研发为中心的战略,而在清洁产业中,只有以效率为中心和双管齐下的战略才能产生经济收益。同样,在适度的制度环境中,环境创新战略为清洁和肮脏行业带来的优势也是一样的;然而,在这两种行业类型中,双管齐下的环境创新战略产生了更多的经济优势。在动态环境中,积极主动的战略,如以研发为中心的战略和双管齐下的战略,对肮脏和清洁行业都至关重要。因此,处于这种情况下的企业应该投资于能够加强环境创新研发的资产和实践,因为以效率为中心的战略在动态环境中效果较差。研究结果对管理者和政策制定者具有重要意义,强调需要采取细致入微的方法来支持和实施环境创新举措。
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来源期刊
CiteScore
17.20
自引率
16.30%
发文量
189
期刊介绍: Corporate Social Responsibility and Environmental Management is a journal that publishes both theoretical and practical contributions related to the social and environmental responsibilities of businesses in the context of sustainable development. It covers a wide range of topics, including tools and practices associated with these responsibilities, case studies, and cross-country surveys of best practices. The journal aims to help organizations improve their performance and accountability in these areas. The main focus of the journal is on research and practical advice for the development and assessment of social responsibility and environmental tools. It also features practical case studies and evaluates the strengths and weaknesses of different approaches to sustainability. The journal encourages the discussion and debate of sustainability issues and closely monitors the demands of various stakeholder groups. Corporate Social Responsibility and Environmental Management is a refereed journal, meaning that all contributions undergo a rigorous review process. It seeks high-quality contributions that appeal to a diverse audience from various disciplines.
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