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Understanding Green Innovation: A Conceptual Framework

Author

Listed:
  • Jacob Guinot

    (Department of Business Administration and Marketing, University Jaume I, 1071 Castelló de la Plana, Spain)

  • Zina Barghouti

    (Department of Business Administration and Marketing, University Jaume I, 1071 Castelló de la Plana, Spain)

  • Ricardo Chiva

    (Department of Business Administration and Marketing, University Jaume I, 1071 Castelló de la Plana, Spain)

Abstract

In recent years, the growing emergence of environmental problems has meant that sustainability and related concepts such as green innovation have acquired special importance. This has resulted in a significant body of literature addressing these concepts. To help to integrate this extensive literature and establish a theoretical framework, this study summarizes the main principles and roots of green innovation. To this end, this study first makes a generic theoretical approach to the concept of innovation. Then, due to its direct link with green innovation, emphasis is placed on the importance of the value of sustainability in companies. After that, the meaning and current relevance of green innovation in today’s business environment is addressed. Finally, the main precepts and fundamentals of green innovation are established, and a series of academic proposals are made to further advance the study of this concept. This theoretical review may serve as encouragement to further research the concept of green innovation and contribute to providing a clarifying and comprehensive view of this topic.

Suggested Citation

  • Jacob Guinot & Zina Barghouti & Ricardo Chiva, 2022. "Understanding Green Innovation: A Conceptual Framework," Sustainability, MDPI, vol. 14(10), pages 1-14, May.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:10:p:5787-:d:812655
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    References listed on IDEAS

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    Cited by:

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    3. Zaineb Hlioui & Mohamed Gabsi & Abdelwahed Omri, 2022. "Informal Competition Effect on SMEs’ Innovation: Do Credit Constraints Matter? Evidence from Eastern European Countries," Sustainability, MDPI, vol. 14(21), pages 1-23, October.
    4. Jingtai Wu & Xinyi Cai & Fei Zuo & Yue Dong, 2023. "Study on the Impact of Common Institutional Ownership on Corporate Green Transformation in the Context of “Dual Carbon”: Evidence from China," Sustainability, MDPI, vol. 15(15), pages 1-20, August.
    5. Abdullah F. Alnaim & Nadia Abdelhamid Abdelmegeed Abdelwahed & Bahadur Ali Soomro, 2022. "Environmental Challenges and Green Innovation Strategy: A Vigorous Development of Greener Dynamics," Sustainability, MDPI, vol. 14(15), pages 1-18, August.
    6. Shanshan Gao & Wenqi Li & Jiayi Meng & Jianfeng Shi & Jianhua Zhu, 2023. "A Study on the Impact Mechanism of Digitalization on Corporate Green Innovation," Sustainability, MDPI, vol. 15(8), pages 1-21, April.
    7. Zhiyong Zheng & Yongbin Xu, 2022. "Environmental Regulation, Family Involvement and Green Innovation Efficiency—Based on Sew Theory Framework," Sustainability, MDPI, vol. 14(20), pages 1-21, October.

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