Impact of environmental sustainability on open innovation in SMEs: An empirical study considering the moderating effect of gender
Sustainable development has emerged as a crucial factor enhancing the competitiveness of small and medium enterprises (SMEs) in light of societal expectations and government regulations. Within this context, innovation assumes a significant role in this challenge, particularly for smaller companies...
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| Format: | Article |
| Language: | English |
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Elsevier
2023-09-01
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| Series: | Heliyon |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2405844023073048 |
| _version_ | 1797669689162203136 |
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| author | Paul Sarango-Lalangui Mauricio Castillo-Vergara Omar Carrasco-Carvajal Antonio Durendez |
| author_facet | Paul Sarango-Lalangui Mauricio Castillo-Vergara Omar Carrasco-Carvajal Antonio Durendez |
| author_sort | Paul Sarango-Lalangui |
| collection | DOAJ |
| description | Sustainable development has emerged as a crucial factor enhancing the competitiveness of small and medium enterprises (SMEs) in light of societal expectations and government regulations. Within this context, innovation assumes a significant role in this challenge, particularly for smaller companies facing greater obstacles in fostering innovation. These constraints have prompted both internal and external innovation initiatives, commonly referred to as open innovation. In this article, we scrutinize the influence of environmental practices on innovation endeavors, specifically examining whether the innovation strategy and its implementation facilitate the advancement of open innovation within SMEs. Furthermore, we explore the potential moderating effect of firm owners' gender on these relationships. The research model is validated using data from 543 companies in Ecuador, employing the partial least squares (PLS) method. The findings elucidate how environmental sustainability can promote the adoption of open innovation practices, with the innovation strategy and its implementation acting as mediators in this relationship. The impact of gender only manifests in the innovation strategy pertaining to environmental sustainability. In conclusion, open innovation stemming from the pivotal role of environmental sustainability emerges as a critical driver in augmenting innovation performance across various dimensions, such as quality, growth, efficiency, process enhancement, organizational practices, employee motivation, and acquisition of new product/service skills. |
| first_indexed | 2024-03-11T20:48:07Z |
| format | Article |
| id | doaj.art-220983201e91421a8748cdc0b11c9bb8 |
| institution | Directory Open Access Journal |
| issn | 2405-8440 |
| language | English |
| last_indexed | 2024-03-11T20:48:07Z |
| publishDate | 2023-09-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Heliyon |
| spelling | doaj.art-220983201e91421a8748cdc0b11c9bb82023-10-01T06:02:33ZengElsevierHeliyon2405-84402023-09-0199e20096Impact of environmental sustainability on open innovation in SMEs: An empirical study considering the moderating effect of genderPaul Sarango-Lalangui0Mauricio Castillo-Vergara1Omar Carrasco-Carvajal2Antonio Durendez3Department of Business Science, Universidad Técnica Particular de Loja (UTPL), Loja, EcuadorFaculty of Economy and Business, Universidad Alberto Hurtado, Santiago, Chile; Corresponding author.School of Engineering of the Faculty of Engineering and Architecture of the Universidad Central de Chile, Santiago, ChileDepartment of Economics, Accounting and Finance, Universidad Politécnica de Cartagena, Calle Real, 3, 30201, Cartagena, SpainSustainable development has emerged as a crucial factor enhancing the competitiveness of small and medium enterprises (SMEs) in light of societal expectations and government regulations. Within this context, innovation assumes a significant role in this challenge, particularly for smaller companies facing greater obstacles in fostering innovation. These constraints have prompted both internal and external innovation initiatives, commonly referred to as open innovation. In this article, we scrutinize the influence of environmental practices on innovation endeavors, specifically examining whether the innovation strategy and its implementation facilitate the advancement of open innovation within SMEs. Furthermore, we explore the potential moderating effect of firm owners' gender on these relationships. The research model is validated using data from 543 companies in Ecuador, employing the partial least squares (PLS) method. The findings elucidate how environmental sustainability can promote the adoption of open innovation practices, with the innovation strategy and its implementation acting as mediators in this relationship. The impact of gender only manifests in the innovation strategy pertaining to environmental sustainability. In conclusion, open innovation stemming from the pivotal role of environmental sustainability emerges as a critical driver in augmenting innovation performance across various dimensions, such as quality, growth, efficiency, process enhancement, organizational practices, employee motivation, and acquisition of new product/service skills.http://www.sciencedirect.com/science/article/pii/S2405844023073048Environmental sustainabilityInnovationStrategyOpen innovationSMEsGender gap |
| spellingShingle | Paul Sarango-Lalangui Mauricio Castillo-Vergara Omar Carrasco-Carvajal Antonio Durendez Impact of environmental sustainability on open innovation in SMEs: An empirical study considering the moderating effect of gender Heliyon Environmental sustainability Innovation Strategy Open innovation SMEs Gender gap |
| title | Impact of environmental sustainability on open innovation in SMEs: An empirical study considering the moderating effect of gender |
| title_full | Impact of environmental sustainability on open innovation in SMEs: An empirical study considering the moderating effect of gender |
| title_fullStr | Impact of environmental sustainability on open innovation in SMEs: An empirical study considering the moderating effect of gender |
| title_full_unstemmed | Impact of environmental sustainability on open innovation in SMEs: An empirical study considering the moderating effect of gender |
| title_short | Impact of environmental sustainability on open innovation in SMEs: An empirical study considering the moderating effect of gender |
| title_sort | impact of environmental sustainability on open innovation in smes an empirical study considering the moderating effect of gender |
| topic | Environmental sustainability Innovation Strategy Open innovation SMEs Gender gap |
| url | http://www.sciencedirect.com/science/article/pii/S2405844023073048 |
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