Journal
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
Volume 188, Issue -, Pages -Publisher
ELSEVIER SCIENCE INC
DOI: 10.1016/j.techfore.2022.122272
Keywords
Digital orientation; Environmental performance; Technological turbulence; Strategic orientation; Climate change; Natural -resource -based view
Categories
Ask authors/readers for more resources
Digitalization is seen as a strategic means for firms to gain competitive and environmental advantages. This study provides evidence on the link between a firm's digital orientation and environmental performance, as well as the moderating role of technological turbulence. The results show that a firm's digital orientation has a significant and positive effect on environmental performance, especially in technologically turbulent environments.
Digitalization is increasingly seen as a strategic means for firms to yield competitive and environmental advantages. Still, current empirical research does not yet provide ample evidence on how a firm's strategic posture towards digitalization connects to environmental performance. This study examines the link between digital orientation and environmental performance as well as the moderating role of technological turbulence. The natural-resource-based view and literature on strategic orientations provide the conceptual foundations. The hypotheses are tested with data from 515 U.S. Standard and Poor's 500 companies with 2,800 firm observations from 2009 to 2019. The results indicate that, first, a firm's digital orientation has a significant and positive effect on environmental performance and, second, this effect is even more pronounced in technologically turbulent business environments. In sum, our findings suggest that managers can improve their firm's environmental performance and competitive position by increasing the digital orientation within their organizations. We thus add to the literature on the natural-resource-based view by identifying digital orientation as a strategy aligned with the natural environment. Finally, we derive practical implications for managers and policymakers aiming to bring together digitalization and green strategies.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available