Responsible Innovation, Circular Economy and Organisational Resilience: Investigating Multiple Pathways Towards Sustainability Performance

IF 12.5 1区 管理学 Q1 BUSINESS
Say Keat Ooi, Khalid Rasheed Memon
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引用次数: 0

Abstract

Responsible innovation has gained significant traction as a strategic approach to achieving business sustainability. However, the mechanisms through which responsible innovation influences sustainability performance remain underexplored. To address this gap, this study proposes two serial mediators that link responsible innovation to sustainability performance. Drawing on the integration of the resource‐based view and dynamic capabilities perspective, data were collected from 185 technologically innovative manufacturing firms using a two‐wave, time‐lagged survey. Partial least squares hierarchical component modelling reveals that responsible innovation enhances sustainability performance through circular economy practices and organisational resilience, with circular economy practices demonstrating a stronger effect. To assess and address potential endogeneity, the Gaussian copula approach was applied, confirming no endogeneity concerns and ensuring the robustness and reliability of the findings. Furthermore, an importance–performance map analysis indicates that while responsible innovation is highly important for sustainability outcomes, it shows relatively low performance in practice. These findings offer detailed insights into the pathways linking responsible innovation to sustainability, contributing to theoretical advancement and informing sustainable business strategies.
负责任的创新,循环经济和组织弹性:探索通往可持续发展绩效的多种途径
负责任的创新作为实现企业可持续发展的一种战略方法已经获得了巨大的吸引力。然而,负责任的创新影响可持续性绩效的机制仍未得到充分探索。为了解决这一差距,本研究提出了两个串联的中介,将负责任的创新与可持续发展绩效联系起来。基于资源基础观点和动态能力观点的整合,我们使用两波时间滞后调查从185家技术创新制造企业收集了数据。偏最小二乘分层成分模型表明,负责任创新通过循环经济实践和组织弹性提高可持续性绩效,其中循环经济实践表现出更强的效果。为了评估和解决潜在的内生性,采用了高斯联结法,确认没有内生性问题,并确保了研究结果的稳健性和可靠性。此外,重要性-绩效图分析表明,尽管负责任创新对可持续性成果非常重要,但在实践中表现出相对较低的绩效。这些发现提供了将负责任的创新与可持续发展联系起来的途径的详细见解,有助于理论进步并为可持续的商业战略提供信息。
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来源期刊
CiteScore
22.50
自引率
19.40%
发文量
336
期刊介绍: Business Strategy and the Environment (BSE) is a leading academic journal focused on business strategies for improving the natural environment. It publishes peer-reviewed research on various topics such as systems and standards, environmental performance, disclosure, eco-innovation, corporate environmental management tools, organizations and management, supply chains, circular economy, governance, green finance, industry sectors, and responses to climate change and other contemporary environmental issues. The journal aims to provide original contributions that enhance the understanding of sustainability in business. Its target audience includes academics, practitioners, business managers, and consultants. However, BSE does not accept papers on corporate social responsibility (CSR), as this topic is covered by its sibling journal Corporate Social Responsibility and Environmental Management. The journal is indexed in several databases and collections such as ABI/INFORM Collection, Agricultural & Environmental Science Database, BIOBASE, Emerald Management Reviews, GeoArchive, Environment Index, GEOBASE, INSPEC, Technology Collection, and Web of Science.
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