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Identifying the Internal and External Pressures of Quantifying the Impacts of Sustainability-Oriented Innovation

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  • Abdelaziz Abdalla Al Owais

    (PhD Candidate, The British University in Dubai, Dubai, United Arab Emirates; & Senior Economist, Department of Statistics and Community Development, Sharjah, United Arab Emirates)

Abstract

The sustainability-oriented innovation (SOI) has emerged as a critical approach for an organisation that addresses environmental, social, and economic challenges. The proposed study aims to identify key internal and external pressures by uncovering the main factors within and outside the organisation influencing the quantification of SOI impacts. In the given study’s research design adopts a primary qualitative approach to explore internal and external pressures affecting the quantification of sustainability-oriented innovation (SOI) that impacts the economic context. Qualitative research was chosen for its ability to provide an in-depth insight into a complex phenomenon that captures the nuances of the participant’s experience, attitudes and perception. The findings show that a leadership team’s commitment to sustainability and the proactive mindset of our employees fosters an environment where innovation thrives. The conclusion is that the implementation of internal policies and incentives encouraged sustainable practices and continuous improvement. SOI has been influenced by concepts like a crucial economy that promotes a continuation use of resources through its recycling and remanufacturing and to share economy, emphasizing access to over ownership.

Suggested Citation

  • Abdelaziz Abdalla Al Owais, 2024. "Identifying the Internal and External Pressures of Quantifying the Impacts of Sustainability-Oriented Innovation," International Review of Management and Marketing, Econjournals, vol. 14(6), pages 131-142, October.
  • Handle: RePEc:eco:journ3:2024-06-14
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    References listed on IDEAS

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    More about this item

    Keywords

    Sustainability-Oriented Innovation; Organizational Culture; Resource Based Theory; Social Responsibility; Competitive Pressure;
    All these keywords.

    JEL classification:

    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis

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