Green Innovation, Managerial Concern and Firm Performance: An Empirical Study

被引：410
|
作者：
Tang, Mingfeng [1 ,2 ]
Walsh, Grace [3 ]
Lerner, Daniel [4 ,5 ]
Fitza, Markus A. [6 ,7 ]
Li, Qiaohua [8 ]
机构：
[1] Southwestern Univ Finance & Econ, Sino French Innovat Res Ctr, Chengdu, Sichuan, Peoples R China
[2] Univ Strasbourg, BETA, Strasbourg, France
[3] Natl Univ Ireland Galway, Whitaker Inst Innovat & Societal Change, Galway, Ireland
[4] Univ Deusto, Deusto Business Sch, Bilbao, Spain
[5] Univ Desarrollo, Concepcion, Chile
[6] Frankfurt Sch Finance & Management, Frankfurt, Germany
[7] Univ Newcastle, Newcastle, NSW, Australia
[8] Northwest Univ Nationalities, Lanzhou, Gansu, Peoples R China
来源：
BUSINESS STRATEGY AND THE ENVIRONMENT | 2018年 / 27卷 / 01期
关键词：
green production innovation; green process innovation; managerial concern; firm performance; RESEARCH-AND-DEVELOPMENT; ENVIRONMENTAL PERFORMANCE; FINANCIAL PERFORMANCE; PRODUCT DEVELOPMENT; MODERATING ROLE; CUSTOMER SATISFACTION; ECO-INNOVATION; CORPORATE; SUSTAINABILITY; MANAGEMENT;
D O I：
10.1002/bse.1981
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Extant literature, while often suggesting a positive link between green innovation and firm performance, is inconclusive. Moreover, the possibly moderating role of management has not been sufficiently considered. Using a unique dataset sampling 188 manufacturing firms in China, we examine how managerial concern (for green issues) moderates the relationship between green innovation and firm performance. We find that green process innovation and green product innovation both significantly (positively) predict firm performance, when not considering managerial concern for the environment. Once managerial concern is included, we observe that it compounds the positive effect of green process innovation on firm performance - but not product innovation, which no longer explains significant unique variance in firm performance. The findings hold various implications for future research and business policy. Copyright (c) 2017 John Wiley & Sons, Ltd and ERP Environment
引用
收藏
页码：39 / 51
页数：13
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