4.7 Article

Past, present, and future of green product innovation

Journal

BUSINESS STRATEGY AND THE ENVIRONMENT
Volume 30, Issue 8, Pages 4081-4106

Publisher

WILEY
DOI: 10.1002/bse.2858

Keywords

green product innovation (GPI); institutional pressures; organisational learning; structural changes; systematic literature review

Funding

  1. Basic Research Program of the HSE University

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The study utilized a systematic literature review approach to analyze the literary corpus on GPI and identified seven key research themes. The findings highlight gaps in the GPI literature and pose research questions for future investigation. The study has important implications for both practitioners and policymakers in countries where GPI adoption is low.
Firms are under constant pressure from various governmental and nongovernmental agencies to switch from conventional environmentally polluting products to green product innovations (GPIs). However, the relevant research pertaining to GPI has been published in a diverse set of journals that vary in their scope and readership and, therefore, the scholarly contribution to the topic remains largely fragmented. This study has utilised a systematic literature review approach to examine the literary corpus on GPI to paint a holistic picture of its different aspects. The content and thematic analysis of 85 studies resulted in the extraction of seven key research themes: organisational capabilities, organisational learning, institutional pressures, barriers, structural changes, benefits of GPI, and methodological choices. This study's findings further highlight the various gaps in the GPI literature and raise some research questions that warrant scholarly investigation in the future. Likewise, our study has important implications for practitioners who are likely to benefit from a holistic understanding of the different aspects of GPI. Similarly, policymakers can use this study's findings to introduce policy interventions, especially in countries where GPI adoption is low.

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