Antecedents and Consequences of Green Innovation (original) (raw)

Understanding Green Innovation: A Conceptual Framework

Sustainability

In recent years, the growing emergence of environmental problems has meant that sustainability and related concepts such as green innovation have acquired special importance. This has resulted in a significant body of literature addressing these concepts. To help to integrate this extensive literature and establish a theoretical framework, this study summarizes the main principles and roots of green innovation. To this end, this study first makes a generic theoretical approach to the concept of innovation. Then, due to its direct link with green innovation, emphasis is placed on the importance of the value of sustainability in companies. After that, the meaning and current relevance of green innovation in today’s business environment is addressed. Finally, the main precepts and fundamentals of green innovation are established, and a series of academic proposals are made to further advance the study of this concept. This theoretical review may serve as encouragement to further resear...

ScienceDirect Positive Influences of Green Innovation on Company Performance

This study aims to examine the effects of green innovation on environmentally sensitive company performance. Here, green innovation includes green product and process sub-dimensions and environmentally efficient company performance has also two sub-dimensions as environmental performance and competitive advantage of company through its green facilities. In order to find out relationship between green innovation and environmentally sensitive company performance a survey was performed among companies which present first 500 companies with their turnover according to Istanbul Chamber of Industry's records. With gathered data from survey study, correlation and regression analyses were conducted. Moreover, to detect if there is any difference according to company characteristics, some further analyses were performed. Results of this study states that, green innovation activities have significant effect on a company's environmental performance and competitive advantage. Especially, green process innovation explains changes on environmental performance and competitive advantage. Any green difference of company's basic processes not only reduces company's environmental effects but also moves the company to a better position among its competitors.

Effects of Green Innovation on Environmental and Corporate Performance: A Stakeholder Perspective

"Going green" has become an important environmental issue in contemporary business practice worldwide. This study examined the influence of a number of factors on green innovation and the consequences in terms of performance. The stakeholder theory was adopted to observe the effects of each stakeholder on the green innovation practices of companies and to determine how green innovation practices influence environmental and business performance. A research model with eight hypotheses was proposed to determine the associations between the variables of interest. An empirical survey was conducted of 202 Taiwanese service and manufacturing companies. The survey found that pressure from competitors and the government, along with employee conduct, all had significant and positive effects on green innovation practices. Additionally, a moderating effect of innovation orientation existed only in the relationship between green product innovation practices and employee conduct. This study not only provides a systematic way to analyze the effects of green innovation practices but also suggests the best means for companies to adopt green innovation practices.

WHAT IS GREEN? A CASE ON SELECTED COMPANIES International Conference of Organizational Innovation

2018

More companies are going green. They believe that greening the business is their responsibility and is simply the right thing to do. It benefits not only the company but also consumers. Since the substance of the green business concept is rather ambiguous, it is difficult to evaluate whether a green claim is correct and is not a greenwash. The study tries to find out the understanding of companies conducting green practices on green business. It aims specifically to explore to what extent they know about green business and whether their practices are accordingly green. It is a case study on three Indonesian companies identified as conducting green practices. Interview to either the owner-manager or the representative of the companies was for gathering data. The study shows that understanding on green business still varies and reasons underlying their green practices are commitment of not to harm the environment. In the beginning, they did not realize if what they have done are green...

An External Approach to Green Product Innovation

Environmental Leadership: A Reference Handbook , 2012

In this chapter, we pay attention to how a firm’s environmental leadership materializes through its engagement in green innovation. Green product innovation can be defined as a firm’s product activities that are related to environmental innovation, such as energy saving, pollution prevention, waste recycling, avoidance of toxicity, and other green product designs (Christmann, 2000). It implies an attention to designing products that minimize or eliminate a business’s negative impact on the environment, not only during the product’s use but also after it is thrown away. This strategy allows firms not only to minimize production waste and increase productivity (Christmann, 2000) but also to improve their transparency and gain legitimacy from external agents (e.g., consumers, governments, nongovernmental organizations) (Bansal, 2005; Christmann, 2004). Firms introducing green innovations guide positive change toward an environmentally respectful vision of business.

How Do Firms Achieve Green Innovation? Investigating the Influential Factors among the Energy Sector

Energies, 2022

This research aims to examine the direct impact of green innovation strategies and the green dynamic capability on green innovation. The indirect effect is also tested, using green organizational identity as a mediator. A cross-sectional and quantitative research approach was used to collect data from energy firms. The results show that green innovation strategies and green dynamic capabilities positively affect the green innovation. The findings also proved that a green organizational identity acts as a mediator. The research outcomes suggest that the role of green organizational identity needs to be verified by firm managers who want to boost green innovation. In the advance era, society is more conscious about the green environment. Managers need a green innovation strategy to achieve green innovation within their firm. This study will help to manage the environmental issues, environmental degradation reductions, and establishment of green programs and products, which will all be...

Joining the Green Movement: The Relationship Between Green Innovation and Business Performance

Proceedings of the 20th European Conference on Knowledge Management, 2019

No reproduction, copy or transmission may be made without written permission from the individual authors. Review Process Papers submitted to this conference have been double-blind peer reviewed before final acceptance to the conference. Initially, abstracts were reviewed for relevance and accessibility and successful authors were invited to submit full papers. Many thanks to the reviewers who helped ensure the quality of all the submissions. Ethics and Publication Malpractice Policy ACPIL adheres to a strict ethics and publication malpractice policy for all publicationsdetails of which can be found here: http://www.academic-conferences.org/policies/ethics-policy-for-publishing-in-theconference-proceedings-of-academic-conferences-and-publishing-international-limited/ Conference Proceedings The Conference Proceedings is a book published with an ISBN and ISSN. The proceedings have been submitted to a number of accreditation, citation and indexing bodies including Thomson ISI Web of Science and Elsevier Scopus. Author affiliation details in these proceedings have been reproduced as supplied by the authors themselves.

Green Innovation Practice For Organizational Performance And Sustainable Development

Journal of Positive School Psychology vol 6, 2022

Many companies all over the globe are adopting environmental management techniques that incorporate all types of green solutions as part of their present efforts to ensure survival and sustainability. While some common tools and knowledge may be used to monitor, track, and assess these green components in a linked element, they are usually managed on a piecemeal basis and under multiple management standards; and they are most typically managed as ad-hoc initiatives rather than programmes. To date, two primary stakeholders-management and customers-have exerted pressure on the company to implement sustainability measures. As a case study, this concept paper examines one organization's use of green management and sustainable green practises. It asserts that management has a responsibility to play in reducing negative sustainability consequences. Two theoretical lenses were offered to provide significance to the study, however further research is needed to back up the conclusions of this work.

Environmental Challenges and Green Innovation Strategy: A Vigorous Development of Greener Dynamics

Sustainability

This study investigated the strengths of internal and external environmental challenges to the Green Innovation Strategy (GIS). This study tried, also, to observe GBIS’ predictive power of on Green Organizational Identity (GOI), Green Innovation (GI) and Green Creativity (GC). The researchers gathered the cross-sectional data from the top managers of Saudi Arabia’s manufacturing industries. We employed a Structural Equation Model (SEM) to obtain the outcomes to form the data. This study’s findings demonstrate that external pressures, such as Policy Pressure (PP) and Market Pressure (MP) and internal driving forces such as Innovation Resources (IR) and Innovation Capability (IC), have a positive and significant effect on GIS. This study’s findings demonstrate, also, that GIS has a positive and significant effect on GOI, GI and GC. Finally, this study’s findings show that GOI is a considerable predictor of GI and GC. This study’s findings provide the path for policymakers to formulate...

THE EFFECTS OF GREEN PRODUCT INNOVATION AND GREEN PROCESS INNOVATION ON COMPANY PERFORMANCE

THE EFFECTS OF GREEN PRODUCT INNOVATION AND GREEN PROCESS INNOVATION ON COMPANY PERFORMANCE, 2020

This paper aims to investigate effects of green product innovation and green process innovation on the performances of companies. It presents in-depth interviews with Alarko Carrier A.Ş. and Cenal Elektrik Üretim A.Ş. which are companies of Alarko Holding in Turkey. Alarko Carrier A.Ş. produces, sells, exports, imports, makes marketing activities and after sales services of cooling, heating and water pressurization systems. Cenal Elektrik Üretim A.Ş. is an electric plant which produces electricity from coal by conducting environmentally friendly innovation activities in their business processes. The in-depth interviews were conducted with middle level managers from these companies to find out their green product innovation and green process innovation practices and their effects on their company performances. It is found out that these companies have corporate cultures supporting their green product innovation and green process innovation practices which affect their financial performance and stakeholder performance. Additional in-depth interviews can be conducted with companies from other sectors for further studies.