IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v10y2018i4p1033-d138916.html
   My bibliography  Save this article

Organizational Orientations, Industrial Category, and Responsible Innovation

Author

Listed:
  • Christine Chou

    (Department of International Business, National Dong Hwa University, Hualien 97401, Taiwan)

Abstract

This paper explores the foundations of firms’ involvement in responsible innovation. A number of hypotheses appearing in the literature, regarding the direct effect of strategic orientations and the moderating effect of industrial category on responsible innovation engagement, were tested by using text analytics and statistical methods. The data comprise 475 documents of firms’ annual reports with a total word count of 192,179,794 and a mean of 404,589, supplemented with corresponding financial data, yielding 372 firm-year observations. The results show that long-term orientation and organizational virtue orientation are positively associated with responsible innovation, while profitability orientation is negatively correlated. The results also show that industrial category moderates the relationship between strategic orientations and responsible innovation engagement, such that the positive relationship between both long-term and organizational virtue orientation and responsible innovation is weaker in the industrial products category than in the consumer products category. The theoretical and practical implications are discussed.

Suggested Citation

  • Christine Chou, 2018. "Organizational Orientations, Industrial Category, and Responsible Innovation," Sustainability, MDPI, vol. 10(4), pages 1-18, March.
    • Handle: RePEc:gam:jsusta:v:10:y:2018:i:4:p:1033-:d:138916
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/10/4/1033/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/10/4/1033/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Pandza, Krsto & Ellwood, Paul, 2013. "Strategic and ethical foundations for responsible innovation," Research Policy, Elsevier, vol. 42(5), pages 1112-1125.
    2. Jan W. Rivkin & Nicolaj Siggelkow, 2003. "Balancing Search and Stability: Interdependencies Among Elements of Organizational Design," Management Science, INFORMS, vol. 49(3), pages 290-311, March.
    3. Clyde Eiríkur Hull & Sandra Rothenberg, 2008. "Firm performance: the interactions of corporate social performance with innovation and industry differentiation," Strategic Management Journal, Wiley Blackwell, vol. 29(7), pages 781-789, July.
    4. James G. March, 1991. "Exploration and Exploitation in Organizational Learning," Organization Science, INFORMS, vol. 2(1), pages 71-87, February.
    5. Taekjin Shin & Jihae You, 2017. "Pay for Talk: How the Use of Shareholder-Value Language Affects CEO Compensation," Journal of Management Studies, Wiley Blackwell, vol. 54(1), pages 88-117, January.
    6. Chihmao Hsieh & Jack A. Nickerson & Todd R. Zenger, 2007. "Opportunity Discovery, Problem Solving and a Theory of the Entrepreneurial Firm," Journal of Management Studies, Wiley Blackwell, vol. 44(7), pages 1255-1277, November.
    7. Kathleen M. Eisenhardt & Jeffrey A. Martin, 2000. "Dynamic capabilities: what are they?," Strategic Management Journal, Wiley Blackwell, vol. 21(10‐11), pages 1105-1121, October.
    8. G.T. Lumpkin & Keith H. Brigham & Todd W. Moss, 2010. "Long-term orientation: Implications for the entrepreneurial orientation and performance of family businesses," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 22(3-4), pages 241-264, May.
    9. Natalia Yakovleva & Diego Vazquez-Brust, 2012. "Stakeholder Perspectives on CSR of Mining MNCs in Argentina," Journal of Business Ethics, Springer, vol. 106(2), pages 191-211, March.
    10. Bernd Carsten Stahl & Michael Obach & Emad Yaghmaei & Veikko Ikonen & Kate Chatfield & Alexander Brem, 2017. "The Responsible Research and Innovation (RRI) Maturity Model: Linking Theory and Practice," Sustainability, MDPI, vol. 9(6), pages 1-19, June.
    11. T. S. Breusch & A. R. Pagan, 1980. "The Lagrange Multiplier Test and its Applications to Model Specification in Econometrics," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 47(1), pages 239-253.
    12. N. Venkatraman, 1989. "Strategic Orientation of Business Enterprises: The Construct, Dimensionality, and Measurement," Management Science, INFORMS, vol. 35(8), pages 942-962, August.
    13. Christian Voegtlin & Andreas Georg Scherer, 2017. "Responsible Innovation and the Innovation of Responsibility: Governing Sustainable Development in a Globalized World," Journal of Business Ethics, Springer, vol. 143(2), pages 227-243, June.
    14. Hausman, Jerry, 2015. "Specification tests in econometrics," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 38(2), pages 112-134.
    15. Zi-Lin He & Poh-Kam Wong, 2004. "Exploration vs. Exploitation: An Empirical Test of the Ambidexterity Hypothesis," Organization Science, INFORMS, vol. 15(4), pages 481-494, August.
    16. Pérez-Luño, Ana & Cabello Medina, Carmen & Carmona Lavado, Antonio & Cuevas Rodríguez, Gloria, 2011. "How social capital and knowledge affect innovation," Journal of Business Research, Elsevier, vol. 64(12), pages 1369-1376.
    17. Belen Blanco & Encarna Guillamón-Saorín & Andrés Guiral, 2013. "Do Non-socially Responsible Companies Achieve Legitimacy Through Socially Responsible Actions? The Mediating Effect of Innovation," Journal of Business Ethics, Springer, vol. 117(1), pages 67-83, September.
    18. Abagail McWilliams & Donald Siegel, 2000. "Corporate social responsibility and financial performance: correlation or misspecification?," Strategic Management Journal, Wiley Blackwell, vol. 21(5), pages 603-609, May.
    19. Payne, G. Tyge & Brigham, Keith H. & Broberg, J. Christian & Moss, Todd W. & Short, Jeremy C., 2011. "Organizational Virtue Orientation and Family Firms," Business Ethics Quarterly, Cambridge University Press, vol. 21(2), pages 257-285, April.
    20. Marc Dreyer & Luc Chefneux & Anne Goldberg & Joachim Von Heimburg & Norberto Patrignani & Monica Schofield & Chris Shilling, 2017. "Responsible Innovation: A Complementary View from Industry with Proposals for Bridging Different Perspectives," Sustainability, MDPI, vol. 9(10), pages 1-25, September.
    21. Alberto Onetti & Antonella Zucchella & Marian Jones & Patricia McDougall-Covin, 2012. "Internationalization, innovation and entrepreneurship: business models for new technology-based firms," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 16(3), pages 337-368, August.
    22. Matthias F. Brauer, 2013. "The effects of short-term and long-term oriented managerial behavior on medium-term financial performance: longitudinal evidence from Europe," Journal of Business Economics and Management, Taylor & Francis Journals, vol. 14(2), pages 386-402, April.
    23. Kate Chatfield & Konstantinos Iatridis & Bernd C. Stahl & Nearchos Paspallis, 2017. "Innovating Responsibly in ICT for Ageing: Drivers, Obstacles and Implementation," Sustainability, MDPI, vol. 9(6), pages 1-22, June.
    24. Christian Voegtlin & Scherer Andreas Georg, 2017. "Responsible Innovation and the Innovation of Responsibility: Governing Sustainable Development in a Globalized World," Post-Print hal-01540972, HAL.
    25. Rob Lubberink & Vincent Blok & Johan Van Ophem & Onno Omta, 2017. "Lessons for Responsible Innovation in the Business Context: A Systematic Literature Review of Responsible, Social and Sustainable Innovation Practices," Sustainability, MDPI, vol. 9(5), pages 1-31, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ghasemaghaei, Maryam & Calic, Goran, 2019. "Does big data enhance firm innovation competency? The mediating role of data-driven insights," Journal of Business Research, Elsevier, vol. 104(C), pages 69-84.
    2. Meijui Sun & Ming-Chang Huang, 2022. "Does CSR reputation mitigate the impact of corporate social irresponsibility?," Asian Business & Management, Palgrave Macmillan, vol. 21(2), pages 261-285, April.
    3. 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).
    4. Kwangho Jung & Seung-Hee Lee & Jane Workman, 2018. "Purchasing Counterfeits and Citizenship: Public Service Motivation Matters," Sustainability, MDPI, vol. 11(1), pages 1-15, December.
    5. Tsui-Yii Shih, 2018. "Determinants of Enterprises Radical Innovation and Performance: Insights into Strategic Orientation of Cultural and Creative Enterprises," Sustainability, MDPI, vol. 10(6), pages 1-22, June.
    6. Xia Cao & Dan Lv & Zeyu Xing, 2020. "Innovative Resources, Promotion Focus and Responsible Innovation: The Moderating Roles of Adaptive Governance," Sustainability, MDPI, vol. 12(7), pages 1-19, April.
    7. Agnieszka Zakrzewska-Bielawska, 2018. "The Relationship between Managers’ Network Awareness and the Relational Strategic Orientation of their Firms: Findings from Interviews with Polish Managers," Sustainability, MDPI, vol. 10(8), pages 1-20, August.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zhang, Stephen X. & Chen, Jiyao & He, Liangxing & Choudhury, Afreen, 2023. "Responsible Innovation: The development and validation of a scale," Technovation, Elsevier, vol. 124(C).
    2. Agata Gurzawska & Markus Mäkinen & Philip Brey, 2017. "Implementation of Responsible Research and Innovation (RRI) Practices in Industry: Providing the Right Incentives," Sustainability, MDPI, vol. 9(10), pages 1-26, September.
    3. Alexander Auer & Katharina Jarmai, 2017. "Implementing Responsible Research and Innovation Practices in SMEs: Insights into Drivers and Barriers from the Austrian Medical Device Sector," Sustainability, MDPI, vol. 10(1), pages 1-18, December.
    4. Roh, Taewoo & Xiao, Shufeng (Simon) & Park, Byung Il, 2024. "MNEs' capabilities and their sustainable business in emerging markets: Evidence from MNE subsidiaries in China," Journal of International Management, Elsevier, vol. 30(1).
    5. Carla Gonzales-Gemio & Claudio Cruz-Cázares & Mary Jane Parmentier, 2020. "Responsible Innovation in SMEs: A Systematic Literature Review for a Conceptual Model," Sustainability, MDPI, vol. 12(24), pages 1-27, December.
    6. Tetiana Ivanova & Iryna Manaienko & Marina Shkrobot & Yuriy Tadeyev, 2021. "Theoretical Frameworks of Responsible Innovations," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 143-157.
    7. Lehoux, P. & Miller, F.A. & Williams-Jones, B., 2020. "Anticipatory governance and moral imagination: Methodological insights from a scenario-based public deliberation study," Technological Forecasting and Social Change, Elsevier, vol. 151(C).
    8. Jatinder S. Sidhu & Harry R. Commandeur & Henk W. Volberda, 2007. "The Multifaceted Nature of Exploration and Exploitation: Value of Supply, Demand, and Spatial Search for Innovation," Organization Science, INFORMS, vol. 18(1), pages 20-38, February.
    9. Jolita Ceicyte & Monika Petraite, 2018. "Networked Responsibility Approach for Responsible Innovation: Perspective of the Firm," Sustainability, MDPI, vol. 10(6), pages 1-15, May.
    10. Brian Baldassarre & Giulia Calabretta & Ingo Oswald Karpen & Nancy Bocken & Erik Jan Hultink, 2024. "Responsible Design Thinking for Sustainable Development: Critical Literature Review, New Conceptual Framework, and Research Agenda," Journal of Business Ethics, Springer, vol. 195(1), pages 25-46, November.
    11. Dante I. Leyva-de la Hiz & Vera Ferron-Vilchez & J. Alberto Aragon-Correa, 2019. "Do Firms’ Slack Resources Influence the Relationship Between Focused Environmental Innovations and Financial Performance? More is Not Always Better," Journal of Business Ethics, Springer, vol. 159(4), pages 1215-1227, November.
    12. Dolores Gallardo-Vázquez & Luis Enrique Valdez-Juárez & Ángela María Castuera-Díaz, 2019. "Corporate Social Responsibility as an Antecedent of Innovation, Reputation, Performance, and Competitive Success: A Multiple Mediation Analysis," Sustainability, MDPI, vol. 11(20), pages 1-28, October.
    13. Sheng, Margaret L. & Hartmann, Nathaniel N., 2019. "Impact of subsidiaries' cross-border knowledge tacitness shared and social capital on MNCs' explorative and exploitative innovation capability," Journal of International Management, Elsevier, vol. 25(4).
    14. Calic, Goran & Ghasemaghaei, Maryam, 2021. "Big data for social benefits: Innovation as a mediator of the relationship between big data and corporate social performance," Journal of Business Research, Elsevier, vol. 131(C), pages 391-401.
    15. Jegoo Lee & Sang-Joon Kim, 2017. "Curvilinear Relationship between Corporate Innovation and Environmental Sustainability," Sustainability, MDPI, vol. 9(7), pages 1-15, July.
    16. Mudambi, Ram & Swift, Tim, 2011. "Proactive R&D management and firm growth: A punctuated equilibrium model," Research Policy, Elsevier, vol. 40(3), pages 429-440, April.
    17. Elin Merethe Oftedal & Lene Foss & Tatiana Iakovleva, 2019. "Responsible for Responsibility? A Study of Digital E-health Startups," Sustainability, MDPI, vol. 11(19), pages 1-21, September.
    18. Jilde Garst & Vincent Blok & Léon Jansen & Onno S. W. F. Omta, 2017. "Responsibility versus Profit: The Motives of Food Firms for Healthy Product Innovation," Sustainability, MDPI, vol. 9(12), pages 1-29, December.
    19. Wiarda, Martijn & van de Kaa, Geerten & Yaghmaei, Emad & Doorn, Neelke, 2021. "A comprehensive appraisal of responsible research and innovation: From roots to leaves," Technological Forecasting and Social Change, Elsevier, vol. 172(C).
    20. Matti Sonck & Lotte Asveld & Patricia Osseweijer, 2019. "Meta-Responsibility in Corporate Research and Innovation: A Bioeconomic Case Study," Sustainability, MDPI, vol. 12(1), pages 1-22, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:10:y:2018:i:4:p:1033-:d:138916. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.