Internationalization and economic performance: The mediating role of eco-innovation

被引:95
|
作者
Hojnik, Jana [1 ]
Ruzzier, Mitja [1 ]
Manolova, Tatiana S. [2 ]
机构
[1] Univ Primorska, Fac Management, Cankarjeva 5, Koper 6000, Slovenia
[2] Bentley Univ, Waltham, MA 02452 USA
关键词
Eco-innovation; Firm performance; Internationalization; ISO14001; Mediating effect; Sustainability; GREEN PRODUCT INNOVATION; FIRM PERFORMANCE; ENVIRONMENTAL PERFORMANCE; MANAGEMENT; IMPACT; IMPLEMENTATION; PROFITABILITY; INITIATIVES; DIFFUSION; DRIVER;
D O I
10.1016/j.jclepro.2017.10.111
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
This study explores the relationship between internationalization and firm economic performance by investigating the mediating effect of eco-innovation. Using data from 151 Slovenian internationalized companies and structural equation modeling, we find that internationalization is significantly and positively associated with firm-level economic performance and that eco-innovation partially mediates this effect. These findings strongly indicate that environmental sustainability and the adoption of eco-innovation cannot be neglected when serving foreign markets. Thus, our study emphasizes the role of eco-innovation and speaks to whether or not eco-innovation should be adopted and integrated in firm-level strategies in order to improve economic performance. (C) 2017 Elsevier Ltd. All rights reserved.
引用
收藏
页码:1312 / 1323
页数:12
相关论文
共 50 条
  • [31] Environmental performance and international trade in China: The role of renewable energy and eco-innovation
    Liu, Jili
    Nathaniel, Solomon P.
    Chupradit, Supat
    Hussain, Arsalan
    Koksal, Cihat
    Aziz, Noshaba
    INTEGRATED ENVIRONMENTAL ASSESSMENT AND MANAGEMENT, 2022, 18 (03) : 813 - 823
  • [32] The impact of interactive and diagnostic levers of eco-control on eco-innovation: The mediating role of employee environmental citizenship behaviour
    Nuhu, Nuraddeen Abubakar
    Baird, Kevin
    Su, Sophia
    ACCOUNTING AND FINANCE, 2023, 63 (02): : 2245 - 2271
  • [33] Eco-innovation is next
    Nasr, Nabil
    INDUSTRIAL ENGINEER, 2010, 42 (03): : 26 - 26
  • [34] Regional eco-innovation in China: An analysis of eco-innovation levels and influencing factors
    Chen, Jun
    Cheng, Jinhua
    Dai, Sheng
    JOURNAL OF CLEANER PRODUCTION, 2017, 153 (01) : 1 - 14
  • [35] Analysis the nexus between internationalization and financial performance in wine industry: The effect of proactive environmental strategy and eco-innovation
    Carchano, Marcos
    Carrasco, Inmaculada
    Gonzalez, Angela
    Saez-Martinez, Francisco J.
    CORPORATE SOCIAL RESPONSIBILITY AND ENVIRONMENTAL MANAGEMENT, 2024,
  • [36] Effects of eco-innovation and market demand on sustainability performance
    Lee, May Kee
    Abdullah, Nor Hazana
    Ahmad, Wan Nurul K. Wan
    PROCEEDINGS OF INNOVATIVE RESEARCH AND INDUSTRIAL DIALOGUE 2018 (IRID'18), 2019, : 196 - 197
  • [37] ECO-INNOVATION AND FIRM PERFORMANCE: IS LEADERSHIP THE GAME CHANGER?
    Munodawafa, Russell Tatenda
    Johl, Satirenjit Kaur
    AIMC 2017 - ASIA INTERNATIONAL MULTIDISCIPLINARY CONFERENCE, 2018, 40 : 1207 - 1221
  • [38] Eco-innovation as an Element of Business Value and Performance Management
    Tutaj, Jerzy
    Rutkowska, Malgorzata
    Sulich, Adam
    HRADEC ECONOMIC DAYS, PT II, 2019, 2019, 9 : 466 - 474
  • [39] Effects of green manufacturing and eco-innovation on sustainability performance
    Sezen, Bulent
    Cankaya, Sibel Yildiz
    PROCEEDINGS OF 9TH INTERNATIONAL STRATEGIC MANAGEMENT CONFERENCE, 2013, 99 : 154 - 163
  • [40] Linking internal environmental capabilities to sustainable competitive advantage in manufacturing SMEs: The mediating role of eco-innovation
    Mady, Khalid
    Battour, Mohamed
    Aboelmaged, Mohamed
    Abdelkareem, Reda Shaker
    JOURNAL OF CLEANER PRODUCTION, 2023, 417