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
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