- Title
- Green Innovation, Managerial Concern and Firm Performance: An Empirical Study
- Creator
- Tang, Mingfeng; Walsh, Grace; Lerner, Daniel; Fitza, Markus A.; Li, Qiaohua
- Relation
- Business Strategy and the Environment Vol. 27, Issue 1, p. 39-51
- Publisher Link
- http://dx.doi.org/10.1002/bse.1981
- Publisher
- John Wiley & Sons
- Resource Type
- journal article
- Date
- 2018
- Description
- 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.
- Subject
- green production innovation; green process innovation; managerial concern; firm performance; SDG 9; SDG 12; Sustainable Development Goals
- Identifier
- http://hdl.handle.net/1959.13/1458811
- Identifier
- uon:45511
- Identifier
- ISSN:0964-4733
- Language
- eng
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Goal 12: Responsible Consumption and Production
Goal 9: Industry, Innovation and Infrastructure
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