Environmental Management, Green Innovation, and Social–Open Innovation
The present study aims to determine the impact of green innovation (GI) on the overall performance of an organization while keeping the variable of environmental management (EM) as a moderator. We used a dataset consisting of four data years, from 2014 to 2017, of A-share companies listed on the Sha...
| Main Authors: | , , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2021-03-01
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| Series: | Journal of Open Innovation: Technology, Market and Complexity |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2199-8531/7/1/89 |
| _version_ | 1797642881175912448 |
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| author | Pham Thu Huong Jacob Cherian Nguyen Thi Hien Muhammad Safdar Sial Sarminah Samad Bui Anh Tuan |
| author_facet | Pham Thu Huong Jacob Cherian Nguyen Thi Hien Muhammad Safdar Sial Sarminah Samad Bui Anh Tuan |
| author_sort | Pham Thu Huong |
| collection | DOAJ |
| description | The present study aims to determine the impact of green innovation (GI) on the overall performance of an organization while keeping the variable of environmental management (EM) as a moderator. We used a dataset consisting of four data years, from 2014 to 2017, of A-share companies listed on the Shanghai Stock Exchange (SSE). The concept of green innovation refers to the use of advancements in technology that enable savings in energy, along with the recycling of waste material. When advanced technology is utilized in the production process, the products are referred to as green products and the whole process of adopting such technologies and product design is referred to as “Corporate Environmental Management”. Such innovations improve the overall financial performance of companies as it enables them to improve their social image by reducing their carbon footprint and ensures their long-term sustainability. The main issue is the limited focus and attention given to the topic, from the perspective of companies. This research focuses on the impact of green innovation and the importance of environmental management for the sustainability of companies. Our findings suggest that the relationship between green innovation and the performance of the company is positive and verifies the existence of moderating effects of environmental management on the relationship between green innovation and firm performance. Implications are given to academia and practitioners. |
| first_indexed | 2024-03-11T14:07:39Z |
| format | Article |
| id | doaj.art-d8ae22af7cfd4cc1a20a1996521bc2c3 |
| institution | Directory Open Access Journal |
| issn | 2199-8531 |
| language | English |
| last_indexed | 2024-03-11T14:07:39Z |
| publishDate | 2021-03-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Journal of Open Innovation: Technology, Market and Complexity |
| spelling | doaj.art-d8ae22af7cfd4cc1a20a1996521bc2c32023-11-02T01:39:05ZengElsevierJournal of Open Innovation: Technology, Market and Complexity2199-85312021-03-017898910.3390/joitmc7010089Environmental Management, Green Innovation, and Social–Open InnovationPham Thu Huong0Jacob Cherian1Nguyen Thi Hien2Muhammad Safdar Sial3Sarminah Samad4Bui Anh Tuan5Vietnam Japan Institute for Human Resources Development, Foreign Trade University, Hanoi 10000, VietnamCollege of Business, Abu Dhabi University, Abu Dhabi P.O. Box 59911, United Arab EmiratesVietnam Japan Institute for Human Resources Development, Foreign Trade University, Hanoi 10000, VietnamDepartment of Management Sciences, COMSATS University Islamabad (CUI), Islamabad 44000, PakistanDepartment of Business Administration, College of Business and Administration, Princess Nourah Bint Abdulrahman University, Riyadh 11671, Saudi ArabiaBoard of Management, Foreign Trade University, Hanoi 10000, VietnamThe present study aims to determine the impact of green innovation (GI) on the overall performance of an organization while keeping the variable of environmental management (EM) as a moderator. We used a dataset consisting of four data years, from 2014 to 2017, of A-share companies listed on the Shanghai Stock Exchange (SSE). The concept of green innovation refers to the use of advancements in technology that enable savings in energy, along with the recycling of waste material. When advanced technology is utilized in the production process, the products are referred to as green products and the whole process of adopting such technologies and product design is referred to as “Corporate Environmental Management”. Such innovations improve the overall financial performance of companies as it enables them to improve their social image by reducing their carbon footprint and ensures their long-term sustainability. The main issue is the limited focus and attention given to the topic, from the perspective of companies. This research focuses on the impact of green innovation and the importance of environmental management for the sustainability of companies. Our findings suggest that the relationship between green innovation and the performance of the company is positive and verifies the existence of moderating effects of environmental management on the relationship between green innovation and firm performance. Implications are given to academia and practitioners.https://www.mdpi.com/2199-8531/7/1/89green innovationenvironmental managementfirm performance |
| spellingShingle | Pham Thu Huong Jacob Cherian Nguyen Thi Hien Muhammad Safdar Sial Sarminah Samad Bui Anh Tuan Environmental Management, Green Innovation, and Social–Open Innovation Journal of Open Innovation: Technology, Market and Complexity green innovation environmental management firm performance |
| title | Environmental Management, Green Innovation, and Social–Open Innovation |
| title_full | Environmental Management, Green Innovation, and Social–Open Innovation |
| title_fullStr | Environmental Management, Green Innovation, and Social–Open Innovation |
| title_full_unstemmed | Environmental Management, Green Innovation, and Social–Open Innovation |
| title_short | Environmental Management, Green Innovation, and Social–Open Innovation |
| title_sort | environmental management green innovation and social open innovation |
| topic | green innovation environmental management firm performance |
| url | https://www.mdpi.com/2199-8531/7/1/89 |
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