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

Samuel Adomako, Mai Dong Tran

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Abstract

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.
Original languageEnglish
Pages (from-to)1695-1704
JournalBusiness Strategy and the Environment
Volume31
Issue number4
Early online date20 Jan 2022
DOIs
Publication statusE-pub ahead of print - 20 Jan 2022

Keywords

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

ASJC Scopus subject areas

  • Business and International Management
  • Geography, Planning and Development
  • Strategy and Management
  • Management, Monitoring, Policy and Law

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