Eco-Innovation and SME Performance in Time of Covid-19 Pandemic: Moderating Role of Environmental Collaboration

Q1 Multidisciplinary
G. N. Achmad, Rizky Yudaruddin, P. W. Budiman, Eka Nor Santi, .. Suharsono, A. H. Purnomo, Noor Wahyuningsih
{"title":"Eco-Innovation and SME Performance in Time of Covid-19 Pandemic: Moderating Role of Environmental Collaboration","authors":"G. N. Achmad, Rizky Yudaruddin, P. W. Budiman, Eka Nor Santi, .. Suharsono, A. H. Purnomo, Noor Wahyuningsih","doi":"10.28991/esj-2023-sper-018","DOIUrl":null,"url":null,"abstract":"Objectives: All businesses worldwide, especially small and medium-sized organizations, are now concerned about environmental degradation. Eco-innovation and environmental collaboration are expected to be the driving forces for saving the environment and the performance of companies. Therefore, this study aimed to ascertain how eco-innovation and environmental cooperation affect the financial, social, and environmental performance of SMEs. This study also explored environmental collaboration as a moderating variable for the effect of eco-innovation on the performance of SMEs. Methods/Analysis: Data from 300 small and medium-sized enterprises of Creative Home Décor were analyzed using structural equation modeling. Findings: Eco-innovation is necessary to improve the performance of Indonesia's SMEs. Environmental collaboration has a beneficial and substantial effect on the performance of the environment and society. Regarding environmental collaboration as a moderating variable, this study identified a positive and statistically significant coefficient regulating the relationship between financial performance and eco-innovation. Novelty /Improvement. The novelty of this research lies in its focus on the impact of eco-innovation and environmental collaboration on the performance of SMEs, particularly in developing countries such as Indonesia, during the COVID-19 pandemic. The study also contributed to the theoretical and empirical understanding of eco-innovation in developing countries and highlighted the importance of environmental collaboration in enhancing the social and environmental performance of SMEs. Additionally, this paper provided empirical and theoretical contributions on the role of environmental collaboration as a moderating variable that is particularly improving the performance of Indonesia's SMEs in Creative Home Décor during the COVID-19 pandemic.JEL Classifications: M12, L68, L25, L53, Q56 Doi: 10.28991/ESJ-2023-SPER-018 Full Text: PDF","PeriodicalId":11586,"journal":{"name":"Emerging Science Journal","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2023-05-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"6","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Emerging Science Journal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.28991/esj-2023-sper-018","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"Multidisciplinary","Score":null,"Total":0}
引用次数: 6

Abstract

Objectives: All businesses worldwide, especially small and medium-sized organizations, are now concerned about environmental degradation. Eco-innovation and environmental collaboration are expected to be the driving forces for saving the environment and the performance of companies. Therefore, this study aimed to ascertain how eco-innovation and environmental cooperation affect the financial, social, and environmental performance of SMEs. This study also explored environmental collaboration as a moderating variable for the effect of eco-innovation on the performance of SMEs. Methods/Analysis: Data from 300 small and medium-sized enterprises of Creative Home Décor were analyzed using structural equation modeling. Findings: Eco-innovation is necessary to improve the performance of Indonesia's SMEs. Environmental collaboration has a beneficial and substantial effect on the performance of the environment and society. Regarding environmental collaboration as a moderating variable, this study identified a positive and statistically significant coefficient regulating the relationship between financial performance and eco-innovation. Novelty /Improvement. The novelty of this research lies in its focus on the impact of eco-innovation and environmental collaboration on the performance of SMEs, particularly in developing countries such as Indonesia, during the COVID-19 pandemic. The study also contributed to the theoretical and empirical understanding of eco-innovation in developing countries and highlighted the importance of environmental collaboration in enhancing the social and environmental performance of SMEs. Additionally, this paper provided empirical and theoretical contributions on the role of environmental collaboration as a moderating variable that is particularly improving the performance of Indonesia's SMEs in Creative Home Décor during the COVID-19 pandemic.JEL Classifications: M12, L68, L25, L53, Q56 Doi: 10.28991/ESJ-2023-SPER-018 Full Text: PDF
Covid-19大流行时期生态创新与中小企业绩效:环境协作的调节作用
目标:世界各地的所有企业,特别是中小型组织,现在都对环境退化感到关切。生态创新和环境合作有望成为拯救环境和提高公司业绩的驱动力。因此,本研究旨在确定生态创新和环境合作如何影响中小企业的财务、社会和环境绩效。本研究还探讨了环境合作作为生态创新对中小企业绩效影响的调节变量。方法/分析:采用结构方程模型对300家创意家居中小型企业的数据进行分析。研究结果:生态创新是提高印尼中小企业绩效的必要条件。环境合作对环境和社会的绩效有着有益和实质性的影响。将环境合作作为一个调节变量,本研究确定了一个正的、具有统计学意义的系数来调节财务绩效与生态创新之间的关系。新颖性/改进。这项研究的新颖之处在于,它关注的是新冠肺炎大流行期间生态创新和环境合作对中小企业绩效的影响,尤其是在印度尼西亚等发展中国家。该研究还促进了对发展中国家生态创新的理论和实证理解,并强调了环境合作在提高中小企业社会和环境绩效方面的重要性。此外,本文还提供了关于环境合作作为调节变量的作用的经验和理论贡献,该变量在新冠肺炎大流行期间特别改善了印度尼西亚中小企业在创意家居装饰方面的表现。JEL分类:M12、L68、L25、L53、Q56 Doi:10.28991/ESJ-2023-SPER-018全文:PDF
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 求助全文
来源期刊
Emerging Science Journal
Emerging Science Journal Multidisciplinary-Multidisciplinary
CiteScore
5.40
自引率
0.00%
发文量
155
审稿时长
10 weeks
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
copy
已复制链接
快去分享给好友吧!
我知道了
右上角分享
点击右上角分享
0
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术官方微信