scholarly journals Green Innovation and Business Sustainability: New Evidence from Energy Intensive Industry in China

2020 ◽  
Vol 17 (21) ◽  
pp. 7826
Author(s):  
Liang Li ◽  
Hajar Msaad ◽  
Huaping Sun ◽  
Mei Xuen Tan ◽  
Yeqing Lu ◽  
...  
Keyword(s):  
Financial Performance ◽  
Environmental Performance ◽  
Product Innovation ◽  
Social Performance ◽  
Three Dimensions ◽  
Equation Modeling ◽  
Green Product ◽  
Green Innovation ◽  
Business Sustainability ◽  
Green Product Innovation

Chinese manufacturing has recently undertaken the responsibility of energy conservation and emission reduction to address climate change. This research analyzes green innovation on business sustainability in the energy-intensive industry in China from the manager perspective, researched data from 229 Chinese managers via structural equation modeling (SEM). The results demonstrated that green innovation had three dimensions: green product innovation, recycling, and green publicity. Business sustainability also had three dimensions: financial performance, environmental performance, and social performance. It also shows that green innovation had a significant effect on business sustainability in the energy-intensive industry. More specifically, we found that recycling has more impact on social performance when compared with green publicity. However, green publicity has a large effect on environmental performance; moreover, green product innovation has more impact on financial performance than green publicity. We also found that environmental performance has a positive effect on financial and social performance results. The alternative models were used to examine the second-order factors of green innovation and business sustainability to test the study’s robustness and supported our findings. Thus, this study contributes to the field by helping managers to make decisions when dealing with sustainable environmental management. It provides new empirical evidence to support the development of a low-carbon circular economy and realization of a carbon-neutral goal by 2060 in China.

Sustainability excellence: the interactions of lean production, internal green practices and green product innovation

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ebenezer Afum ◽  
Ran Zhang ◽  
Yaw Agyabeng-Mensah ◽  
Zhuo Sun
Keyword(s):  
Financial Performance ◽  
Product Innovation ◽  
Lean Production ◽  
Green Product ◽  
Content Type ◽  
Sustainable Performance ◽  
Green Practices ◽  
Green Product Innovation ◽  
Performance Dimensions ◽  
The Relationship

Purpose This study aims to investigate the interactions between lean production, internal green practices, green product innovation and sustainable performance metrics. The study further looks at the mediation effect of internal green practices and green product innovation between lean production and sustainable performance dimensions. Design/methodology/approach The questionnaire was used to glean data from 209 manufacturing firms. All the hypothesized relationships were processed by using partial least square-structural equation modelling. Findings The results suggest that lean production significantly leads to the implementation of internal green practices and the production of quality products with eco-oriented features that meet customers’ needs. Further, while lean production and internal green practices were found to significantly influence sustainability performance, green product innovation significantly influences only financial performance. Besides, the mediation analysis shows that internal green practices mediate the relationship between lean production and sustainable performance dimensions but green product innovation mediates the relationship between lean production and financial performance only. Research limitations/implications The study is limited to firms from Ghana, a developing country; hence, the results cannot be imported to reflect other geographical contexts. Practical implications The results of the study provide sufficient justifications for managers, (especially Ghanaian managers and those from other similar environs) to commit their financial resources towards implementing lean production and internal green practices so as to achieve sustainability excellence. Originality/value This study magnifies and provides new insight on lean and green literature by developing a comprehensive research model that concurrently tests the direct and indirect effects between lean production, internal green practices, green product innovation and sustainable performance dimensions.

scholarly journals Impact of Advanced Manufacturing Technologies on Green Innovation

2020 ◽  
Vol 12 (8) ◽  
pp. 3499
Author(s):  
Iztok Palčič ◽  
Jasna Prester
Keyword(s):  
Product Innovation ◽  
Advanced Manufacturing ◽  
Green Product ◽  
Green Innovation ◽  
Iso 14000 ◽  
Advanced Manufacturing Technologies ◽  
Evaluation Models ◽  
Green Product Innovation ◽  
Manufacturing Technologies ◽  
The Impact

The main aim of this paper is to evaluate if manufacturing firms can boost their performance through green innovations. The literature on this topic shows contradictory findings. We have concentrated on the effect of advanced manufacturing technologies (AMT) on green innovations. To the authors’ best knowledge, this research is the first to examine the impact of a firm’s own AMT on green innovation and the firm’s performance at the same time. Green innovation in our research relates to green product innovation. The data analysis is performed through three-step OLS regression analysis and two evaluation models. One model looks at AMT and how they affect green innovation, and the second model looks at how AMT and green innovations affect performance. Our findings suggest that AMT contribute to both the firm’s performance and green innovation. We found that technology is a moderator for green innovations. While the majority of research emphasizes that firms will not eco-innovate unless they receive subsidies or severe restrictions are imposed, we show that out of all innovations, 66% are green innovations. Restrictions such as having ISO 14000 certification do not contribute to green innovation, but rather the age of the firm does.

An Investigation of Green Product Innovation on Consumer Repurchase Intention: The Mediating Role of Green Customer Value

2020 ◽  
Vol 11 (3) ◽  
pp. 622 ◽  
Author(s):  
Murry Harmawan SAPUTRA ◽  
Bening KRISTYASSARI ◽  
Naili FARIDA ◽  
Elia ARDYAN
Keyword(s):  
Product Innovation ◽  
Customer Value ◽  
Critical Role ◽  
Partial Least Square ◽  
Equation Modeling ◽  
Green Product ◽  
Repurchase Intention ◽  
Green Products ◽  
Green Product Innovation

This study examines the critical role of green customer value in order to increase purchase intention based on green products. Data analysis techniques were carried out using Structural Equation Modeling with Partial Least Square (SEM-PLS). The respondents used in this study were the low-cost green car (LCGC) users in Central Java, Indonesia. The number of samples used was 240, with a purposive sampling technique. The findings of this study indicate that all hypotheses are supported. Green customer value is also proven to mediate (partial mediation) the relationship between green product innovation and repurchase intention. This explains that environmentally friendly product innovation by companies will be able to increase consumer buying interest if green customer value can be proven to be encouraged. The results also show that the consumer repurchase intention is influenced by consumer attitudes towards green brands and the quality perceived by consumers in the green products they use. This finding contributes theoretically and practically.

Institutional pressure, firm's green resources and green product innovation: evidence from Taiwan's electrical and electronics sector

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Yi-Chun Huang ◽  
Chih-Ta Chen
Keyword(s):  
Product Innovation ◽  
Economic Benefits ◽  
Hazardous Substances ◽  
Equation Modeling ◽  
Future Research ◽  
Green Product ◽  
Holistic View ◽  
Content Type ◽  
Institutional Pressure ◽  
Green Product Innovation

PurposeIntegrating economic and green initiatives into firm strategies is a challenge for firms in various industries. The study aims to incorporate multiple views, i.e. green innovation theory (GIT), the green institutional perspective (GIP) and the natural-resource-based view (NRBV), to develop a comprehensive model to explore why and how firms implement green product innovation (GPI).Design/methodology/approachThe study explores the relationships among institutional pressure, the firm's green resources and GPI. The research also distinguishes two different types of GPI: exploratory GPI and exploitative GPI. A total of 270 valid questionnaires were collected from electrical and electronics manufacturers in Taiwan. The authors employed structural equation modeling (SEM) using analysis of moment structures (AMOS) 23.0 to test the hypotheses.FindingsThe results show that institutional pressure has a significant positive correlation with the firm's green resources. Furthermore, institutional pressure has a significantly positive influence on exploratory GPI and exploitative GPI, respectively. The firm's green resources also have a significantly positive effect on both exploratory GPI and exploitative GPI. In addition, institutional pressures have significantly positive indirect effect on both exploratory GPI and exploitative GPI.Research limitations/implicationsEconomic benefits and environmental sustainability are the most pressing issues faced by the electrical and electronics industry today. The study's investigation covers Taiwanese electrical and electronics manufacturers only, so the test of the research model has limited generalizability. The authors suggest that to expand the generalizability of the findings, future research should examine this model in the context of other regions such as Southeast Asia, Africa, South America, etc.Practical implicationsThe study has many interesting implications for both practitioners and policymakers. The authors' findings suggest that while Taiwanese electrical and electronics manufacturers face significant pressure from customers, competitors and regulation requirements (e.g. waste electrical and electronic equipment [WEEE], restriction of hazardous substances [RoHS] and energy using product [EuP] directives), firms in that sector should efficiently and effectively deploy their green resources and then perform proper GPI (e.g. exploratory GPI or exploitative GPI). These results also serve as a reminder to policymakers that balancing coercive (command-and-control) mechanisms with incentives and voluntary mechanisms is the best means by which to develop motivational and effective GPI policies.Originality/valueFirst and foremost, the paper divides GPI into exploratory GPI and exploitative GPI. Furthermore, the research incorporates two important schools of thought, i.e. the GIP and NRBV, thus providing a more holistic view by which to explore why and how companies adopt GPI.

scholarly journals Distance with Customers Effects on Green Product Innovation in SMEs: A Way Through Green Value Co-creation

SAGE Open ◽  
2021 ◽  
Vol 11 (4) ◽  
pp. 215824402110615
Author(s):  
Mei Han ◽  
Bilin Xu
Keyword(s):  
Product Innovation ◽  
Innovation Performance ◽  
Green Product ◽  
Geographical Distance ◽  
Moderating Effects ◽  
Green Innovation ◽  
Project Duration ◽  
Green Product Innovation ◽  
Using Data ◽  
The Relationship

Based on the perspective of multidimensional proximity, this paper examined the relationships between cognitive and social proximities with key customers and green product innovation performance via the mediation of green value co-creation by using data from 211 fine chemical small and medium-sized enterprises in clusters in China. Moderating effects of geographical distance and green project duration were assessed to further explore the relationship. The results revealed that social and cognitive proximities can promote green co-production and enhance green product innovation performance. Moreover, the relationship between social proximity and green co-production is hindered when customers are geographically distant or short duration partners of green projects. Eventually, this study was quite different from previous research by relating proximities to green value co-creation and green innovation performance in the context of small and medium-sized enterprises in emerging markets. The study provides a research framework for related research on green innovation.

scholarly journals The Effect of Environmental Orientation on Green Innovation: Do Political Ties Matter?

2018 ◽  
Vol 10 (12) ◽  
pp. 4674 ◽  
Author(s):  
Liwei Feng ◽  
Wenwen Zhao ◽  
Hui Li ◽  
Yongtao Song
Keyword(s):  
Product Innovation ◽  
Process Innovation ◽  
Two Dimensions ◽  
Green Product ◽  
Green Process ◽  
Green Innovation ◽  
Environmental Orientation ◽  
Political Ties ◽  
Green Product Innovation ◽  
Green Process Innovation

Although the importance of environmental orientation has been recognized, how and under what conditions it influences green innovation is limited. To extend the research on green innovation, our research examines the impacts of two dimensions of environmental orientation on two types of green innovation, as well as the moderating role of political ties. Drawing upon stakeholder theory and resource-based view, we propose research hypotheses. We perform hierarchical regression analysis to validate the hypotheses that is based on survey data collected in 253 Chinese manufacturing companies. Our findings indicate that internal environmental orientation and external environmental orientation are positively linked with both green product innovation and green process innovation. The effect of internal environmental orientation on green process innovation is stronger than that of green product innovation. In addition, political ties strengthen the positive impacts of internal environmental orientation on green product innovation and green process innovation, while attenuating the positive impact of external environmental orientation on green process innovation. These findings contribute to theory and practice by enriching our understanding of how two dimensions of environmental orientation affect two types of green innovation.

scholarly journals Past, present, and future of green product innovation

2021 ◽  
Author(s):  
Sher Jahan Khan ◽  
Amandeep Dhir ◽  
Vinit Parida ◽  
Armando Papa
Keyword(s):  
Product Innovation ◽  
Green Product ◽  
Green Product Innovation

scholarly journals The Impact of Innovation Strategy on the Financial, Social and Environmental Performance

2021 ◽  
Vol 1 (1) ◽  
pp. 33-39
Author(s):  
Hamid Saremi ◽  
Masoud Mahmoudi ◽  
Mojtaba Soltaninezhad ◽  
Mohammad Hosseinpour
Keyword(s):  
Financial Performance ◽  
Environmental Performance ◽  
Positive Impact ◽  
Stock Exchange ◽  
Social Performance ◽  
Point Of View ◽  
Innovation Strategy ◽  
Management Tools ◽  
Social And Environmental Performance ◽  
The Impact

The core purpose of this study is to investigate the effect of innovation strategy on financial, social and environmental performance of companies listed on the Tehran Stock Exchange (TSE). The information used is from 129 companies listed on TSE in different industries between 2011 and 2018 (1032 observations). In order to analyze the data, a multivariate regression test was used. The results showed a positive and significant relationship between innovation strategy on financial performance and environmental performance. Also, the relationship between innovation strategy and social performance has a positive but insignificant. Innovation tools are also among the few management tools that can have a positive impact on both financial performance and the company's environmental performance. In this research, an attempt has been made to look at the idea of innovation from a financial point of view, and its results in the long run indicate the right choice of management to invest in the company's research and development unit.

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