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

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  • Samuel Adomako
  • Mai Dong Tran

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.

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  • Samuel Adomako & Mai Dong Tran, 2022. "Environmental collaboration, responsible innovation, and firm performance: The moderating role of stakeholder pressure," Business Strategy and the Environment, Wiley Blackwell, vol. 31(4), pages 1695-1704, May.
    • Handle: RePEc:bla:bstrat:v:31:y:2022:i:4:p:1695-1704
    DOI: 10.1002/bse.2977
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    2. Sayedeh Parastoo Saeidi & Parvaneh Saeidi & Sayyedeh Parisa Saeidi, 2024. "The Mediating Role of Total Quality Management between Corporate Social Responsibility and Corporate Environmental Performance," Sustainability, MDPI, vol. 16(17), pages 1-30, August.
    3. Weiwei Wu & Jian Shi & Yexin Liu, 2024. "The impact of corporate social responsibility in technological innovation on sustainable competitive performance," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-13, December.
    4. Samuel Adomako & Mai Dong Tran, 2023. "Do foreign chief executive officers spend more on corporate social responsibility in Vietnam?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(1), pages 226-235, January.
    5. Efthymia Iliopoulou & Aspasia Vlachvei & Eirini Koronaki, 2024. "Environmental Drivers, Environmental Practices, and Business Performance: A Systematic Literature Review and Future Research Directions," Sustainability, MDPI, vol. 16(11), pages 1-27, June.
    6. Alshawawreh, Ali Ra’Ed & Liébana-Cabanillas, Francisco & Blanco-Encomienda, Francisco Javier, 2024. "Impact of big data analytics on telecom companies' competitive advantage," Technology in Society, Elsevier, vol. 76(C).
    7. Khalid Rasheed Memon & Say Keat Ooi & Heesup Han, 2024. "Responsible innovation and corporate sustainability performance: A structural equation modeling‐neural network approach," Business Strategy and the Environment, Wiley Blackwell, vol. 33(4), pages 2712-2730, May.
    8. Samuel Adomako & Mai Dong Tran, 2022. "Stakeholder management, CSR commitment, corporate social performance: The moderating role of uncertainty in CSR regulation," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(5), pages 1414-1423, September.
    9. Ahsan Siraj & Shilpa Taneja & Yongming Zhu & Hongbing Jiang & Sunil Luthra & Anil Kumar, 2022. "Hey, did you see that label? It's sustainable!: Understanding the role of sustainable labelling in shaping sustainable purchase behaviour for sustainable development," Business Strategy and the Environment, Wiley Blackwell, vol. 31(7), pages 2820-2838, November.
    10. Memon, Khalid Rasheed & Ooi, Say Keat, 2023. "Identifying digital leadership's role in fostering competitive advantage through responsible innovation: A SEM-Neural Network approach," Technology in Society, Elsevier, vol. 75(C).
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