{"title":"Responsible Innovation and Sustainable Competitive Advantage: A Moderated Mediation Model","authors":"Adil Riaz, F. Ali","doi":"10.31703/ger.2022(vii-iii).01","DOIUrl":null,"url":null,"abstract":"This study investigates the impact of Shared Vision (SV) on Responsible Innovation (RI) and Sustainable Competitive Advantage (SCA). Moreover, the level of education is used as a moderator between SV and RI. RI is the process of taking into account the potential ethical, social, and environmental impacts of new technologies and innovations and making sure they are developed and used in a way that is beneficial to society. This can include considering how new products and services will affect different groups of people, and taking steps to mitigate any negative impacts they may have. It also involves engaging with stakeholders and considering their perspectives in the innovation process. SEM technique was used, and data were collected from 1018 respondents from the manufacturing sector. The results explain that SV is significantly related to RI, and RI determines SCA. Furthermore, the level of education moderates the relationship between SV and RI. Moreover, this study provides the general public and various policyholders with an overview of the various levels to which manufacturing SMEs are embracing RI.","PeriodicalId":35504,"journal":{"name":"Global Business and Economics Review","volume":"13 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2022-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Global Business and Economics Review","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.31703/ger.2022(vii-iii).01","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"Economics, Econometrics and Finance","Score":null,"Total":0}
引用次数: 0
Abstract
This study investigates the impact of Shared Vision (SV) on Responsible Innovation (RI) and Sustainable Competitive Advantage (SCA). Moreover, the level of education is used as a moderator between SV and RI. RI is the process of taking into account the potential ethical, social, and environmental impacts of new technologies and innovations and making sure they are developed and used in a way that is beneficial to society. This can include considering how new products and services will affect different groups of people, and taking steps to mitigate any negative impacts they may have. It also involves engaging with stakeholders and considering their perspectives in the innovation process. SEM technique was used, and data were collected from 1018 respondents from the manufacturing sector. The results explain that SV is significantly related to RI, and RI determines SCA. Furthermore, the level of education moderates the relationship between SV and RI. Moreover, this study provides the general public and various policyholders with an overview of the various levels to which manufacturing SMEs are embracing RI.
期刊介绍:
GBER (the flagship journal of the Business & Economics Society International) is an international refereed outlet journal for the presentation, discussion and analysis of advanced concepts, initial treatments and fundamental research in all fields of business and economics. Priority is given to insightful policy-oriented articles that deal with the implications of the increasingly global business activity, especially written for the educated lay-person.