4.7 Article

Environmental collaboration, responsible innovation, and firm performance: The moderating role of stakeholder pressure

Journal

BUSINESS STRATEGY AND THE ENVIRONMENT
Volume 31, Issue 4, Pages 1695-1704

Publisher

WILEY
DOI: 10.1002/bse.2977

Keywords

environmental collaboration; environmental policy; firm performance; responsible innovation; stakeholder engagement; sustainable development

Funding

  1. University of Economics Ho Chi Minh City, Vietnam

Ask authors/readers for more resources

This study investigates the impact of environmental collaboration on responsible innovation and firm performance. The results show that a firm's level of environmental collaboration influences responsible innovation, especially when stakeholder pressure is higher. The relationship between environmental collaboration and firm performance is mediated by responsible innovation.
Despite the burgeoning literature on environmental strategy, research is scarce on how environmental collaboration influences responsible innovation. Our study closes this gap by investigating the impact of environmental collaboration on firm performance through the mediating mechanism of responsible innovation. Using data collected from 225 firms, the results show that a firm's level of environmental collaboration influences responsible innovation. The findings also reveal that the impact of environmental collaboration on responsible innovation is greater when stakeholder pressure is higher than when it is low. Finally, we find that the relationship between environmental collaboration on firm performance is mediated by responsible innovation. These findings extend the environmental strategy and responsible innovation research and practice.

Authors

I am an author on this paper
Click your name to claim this paper and add it to your profile.

Reviews

Primary Rating

4.7
Not enough ratings

Secondary Ratings

Novelty
-
Significance
-
Scientific rigor
-
Rate this paper

Recommended

No Data Available
No Data Available