IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v14y2022i18p11247-d909712.html
   My bibliography  Save this article

Research on the Impact of Ambidextrous Innovation on Sustainable Entrepreneurial Performance from a Policy-Oriented Perspective

Author

Listed:
  • Tao Zhu

    (School of Management, Wuhan University of Technology, Wuhan 430070, China)

  • Huatao Peng

    (School of Management, Wuhan University of Technology, Wuhan 430070, China)

Abstract

Based on the theory of dynamic capability theory, this study takes 671 listed companies in China’s ICT industry from 2010 to 2021 as a sample to explore the impact mechanism of policy-oriented ambidextrous innovation on sustainable entrepreneurial performance. The study found that exploratory innovation can promote sustainable entrepreneurial performance, but both government subsidy and environmental tax will weaken the relationship between exploratory innovation and sustainable entrepreneurial performance. Exploitative innovation can promote sustainable entrepreneurial performance, but environmental tax will weaken the relationship between exploitative innovation and sustainable entrepreneurial performance. The main contributions of this study include the following. (1) Unlike previous studies that focus on the impact of ambidextrous innovation on corporate financial performance, this study is forward-looking in pointing out the importance of sustainable entrepreneurial performance, and explores the impact of ambidextrous innovation on sustainable entrepreneurial performance. (2) This study proposes a theoretical framework for government policy analysis, arguing that government policy should not only focus on its support policies (government subsidy), but also on regulatory policies (environmental tax). (3) The conclusions of this study have certain reference significance for enterprises to correctly use government policies, construct appropriate ambidextrous innovation strategies, and improve sustainable entrepreneurial performance.

Suggested Citation

  • Tao Zhu & Huatao Peng, 2022. "Research on the Impact of Ambidextrous Innovation on Sustainable Entrepreneurial Performance from a Policy-Oriented Perspective," Sustainability, MDPI, vol. 14(18), pages 1-17, September.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:18:p:11247-:d:909712
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/14/18/11247/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/14/18/11247/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. James G. March, 1991. "Exploration and Exploitation in Organizational Learning," Organization Science, INFORMS, vol. 2(1), pages 71-87, February.
    2. Abdullah, Sabah & Morley, Bruce, 2014. "Environmental taxes and economic growth: Evidence from panel causality tests," Energy Economics, Elsevier, vol. 42(C), pages 27-33.
    3. Weimin Ma & Ranran Zhang & Shiwei Chai, 2019. "What Drives Green Innovation? A Game Theoretic Analysis of Government Subsidy and Cooperation Contract," Sustainability, MDPI, vol. 11(20), pages 1-24, October.
    4. Wang, Yang & Zhang, Yifei, 2020. "Do state subsidies increase corporate environmental spending?," International Review of Financial Analysis, Elsevier, vol. 72(C).
    5. Peixu He & Yana Pei & Chunpei Lin & Di Ye, 2021. "Ambidextrous Marketing Capabilities, Exploratory and Exploitative Market-Based Innovation, and Innovation Performance: An Empirical Study on China’s Manufacturing Sector," Sustainability, MDPI, vol. 13(3), pages 1-21, January.
    6. Parrish, Bradley D., 2010. "Sustainability-driven entrepreneurship: Principles of organization design," Journal of Business Venturing, Elsevier, vol. 25(5), pages 510-523, September.
    7. Tuomas Takalo & Tanja Tanayama, 2010. "Adverse selection and financing of innovation: is there a need for R&D subsidies?," The Journal of Technology Transfer, Springer, vol. 35(1), pages 16-41, February.
    8. Herstad, Sverre J. & Sandven, Tore & Ebersberger, Bernd, 2015. "Recruitment, knowledge integration and modes of innovation," Research Policy, Elsevier, vol. 44(1), pages 138-153.
    9. Zhui Liu & Guo-Dong Chi & Liang Han, 2019. "Board Human Capital and Enterprise Growth: A Perspective of Ambidextrous Innovation," Sustainability, MDPI, vol. 11(14), pages 1-32, July.
    10. Norazah Mohd Suki & Norbayah Mohd Suki & Arshian Sharif & Sahar Afshan, 2021. "The role of logistics performance for sustainable development in top Asian countries: Evidence from advance panel estimations," Sustainable Development, John Wiley & Sons, Ltd., vol. 29(4), pages 595-606, July.
    11. Söderblom, Anna & Samuelsson, Mikael & Wiklund, Johan & Sandberg, Rickard, 2015. "Inside the black box of outcome additionality: Effects of early-stage government subsidies on resource accumulation and new venture performance," Research Policy, Elsevier, vol. 44(8), pages 1501-1512.
    12. Li, Xiao-Lin & Li, Jingya & Wang, Jia & Si, Deng-Kui, 2021. "Trade policy uncertainty, political connection and government subsidy: Evidence from Chinese energy firms," Energy Economics, Elsevier, vol. 99(C).
    13. Guoyou Qi & Hailiang Zou & Xuemei Xie, 2020. "Governmental inspection and green innovation: Examining the role of environmental capability and institutional development," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(4), pages 1774-1785, July.
    14. Gu, Wentao & Wang, Jiayi, 2022. "Research on index construction of sustainable entrepreneurship and its impact on economic growth," Journal of Business Research, Elsevier, vol. 142(C), pages 266-276.
    15. Ruxi Wang & Frank Wijen & Pursey P.M.A.R. Heugens, 2018. "Government's green grip: Multifaceted state influence on corporate environmental actions in China," Strategic Management Journal, Wiley Blackwell, vol. 39(2), pages 403-428, February.
    16. Hall, Jeremy K. & Daneke, Gregory A. & Lenox, Michael J., 2010. "Sustainable development and entrepreneurship: Past contributions and future directions," Journal of Business Venturing, Elsevier, vol. 25(5), pages 439-448, September.
    17. Almor, Tamar & Hashai, Niron, 2004. "The competitive advantage and strategic configuration of knowledge-intensive, small- and medium-sized multinationals: a modified resource-based view," Journal of International Management, Elsevier, vol. 10(4), pages 479-500.
    18. Stefan Schaltegger & Marcus Wagner, 2011. "Sustainable entrepreneurship and sustainability innovation: categories and interactions," Business Strategy and the Environment, Wiley Blackwell, vol. 20(4), pages 222-237, May.
    19. Oliviero Carboni, 2011. "R&D subsidies and private R&D expenditures: evidence from Italian manufacturing data," International Review of Applied Economics, Taylor & Francis Journals, vol. 25(4), pages 419-439.
    Full references (including those not matched with items on IDEAS)

    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. Céline Bérard & Christelle Bruyere & Séverine Saleilles, 2015. "Sustainability-driven and high-growth SMEs: A paradox approach [Las PYME de sostenibilidad impulsada y el alto crecimiento: Un enfoque por las paradojas]," Post-Print halshs-01354704, HAL.
    2. Régis Y. Chenavaz & Alexandra Couston & Stéphanie Heichelbech & Isabelle Pignatel & Stanko Dimitrov, 2023. "Corporate Social Responsibility and Entrepreneurial Ventures: A Conceptual Framework and Research Agenda," Sustainability, MDPI, vol. 15(11), pages 1-30, May.
    3. Licheng Yang & Shijie Song & Chunlin Liu, 2024. "Green signals: The impact of environmental protection support policies on firms' green innovation," Business Strategy and the Environment, Wiley Blackwell, vol. 33(4), pages 3258-3278, May.
    4. Denise Fischer & Malte Brettel & René Mauer, 2020. "The Three Dimensions of Sustainability: A Delicate Balancing Act for Entrepreneurs Made More Complex by Stakeholder Expectations," Journal of Business Ethics, Springer, vol. 163(1), pages 87-106, April.
    5. Muñoz, Pablo & Dimov, Dimo, 2015. "The call of the whole in understanding the development of sustainable ventures," Journal of Business Venturing, Elsevier, vol. 30(4), pages 632-654.
    6. Agnieszka Konys, 2019. "Towards Sustainable Entrepreneurship Holistic Construct," Sustainability, MDPI, vol. 11(23), pages 1-33, November.
    7. Céline Bérard & Christelle Bruyère & Séverine Saleilles, 2015. "Les PME axées sur la durabilité et à forte croissance : une approche par les paradoxes," Post-Print hal-04010385, HAL.
    8. Ana Criado-Gomis & Amparo Cervera-Taulet & Maria-Angeles Iniesta-Bonillo, 2017. "Sustainable Entrepreneurial Orientation: A Business Strategic Approach for Sustainable Development," Sustainability, MDPI, vol. 9(9), pages 1-20, September.
    9. Céline Bérard & Séverine Saleilles, 2016. "Sustainability-driven entrepreneurship and high-growth SME: How to combine Davids’ and Goliaths’ worlds?," Post-Print halshs-01459141, HAL.
    10. Daniela Rupo & Mirko Perano & Giovanna Centorrino & Alfonso Vargas-Sanchez, 2018. "A Framework Based on Sustainability, Open Innovation, and Value Cocreation Paradigms—A Case in an Italian Maritime Cluster," Sustainability, MDPI, vol. 10(3), pages 1-28, March.
    11. DiVito, Lori & Bohnsack, René, 2017. "Entrepreneurial orientation and its effect on sustainability decision tradeoffs: The case of sustainable fashion firms," Journal of Business Venturing, Elsevier, vol. 32(5), pages 569-587.
    12. Audley Genus, 2021. "Sustainable entrepreneurship research in the 2020s: An introduction," Business Strategy and the Environment, Wiley Blackwell, vol. 30(3), pages 1419-1422, March.
    13. Matthias Filser & Sascha Kraus & Norat Roig-Tierno & Norbert Kailer & Ulrike Fischer, 2019. "Entrepreneurship as Catalyst for Sustainable Development: Opening the Black Box," Sustainability, MDPI, vol. 11(16), pages 1-18, August.
    14. Diego Matricano, 2017. "The influence of sustainable entrepreneurship culture on start-up expectations: A comparative analysis," RIVISTA DI STUDI SULLA SOSTENIBILITA', FrancoAngeli Editore, vol. 0(1), pages 71-89.
    15. Mansouri, Sasan & Momtaz, Paul P., 2022. "Financing sustainable entrepreneurship: ESG measurement, valuation, and performance," Journal of Business Venturing, Elsevier, vol. 37(6).
    16. David Hirschfeld & Marcus Wagner, 2022. "The Interplay of Attitudes, Norms and Control in Sustainable Entrepreneurship: An Experimental Analysis," Sustainability, MDPI, vol. 14(15), pages 1-22, July.
    17. Markus Larsson & Rebecka Milestad & Thomas Hahn & Jacob Von Oelreich, 2016. "The Resilience of a Sustainability Entrepreneur in the Swedish Food System," Sustainability, MDPI, vol. 8(6), pages 1-18, June.
    18. Theodore Tarnanidis & Jason Papathanasiou & Demetres Subeniotis, 2019. "How Far the TBL Concept of Sustainable Entrepreneurship Extends Beyond the Various Sustainability Regulations: Can Greek Food Manufacturing Enterprises Sustain Their Hybrid Nature Over Time?," Journal of Business Ethics, Springer, vol. 154(3), pages 829-846, February.
    19. Christine Volkmann & Klaus Fichter & Magnus Klofsten & David B. Audretsch, 2021. "Sustainable entrepreneurial ecosystems: an emerging field of research," Small Business Economics, Springer, vol. 56(3), pages 1047-1055, February.
    20. Marina Candi & Monia Melia & Maria Colurcio, 2019. "Two Birds with One Stone: The Quest for Addressing Both Business Goals and Social Needs with Innovation," Journal of Business Ethics, Springer, vol. 160(4), pages 1019-1033, 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:14:y:2022:i:18:p:11247-:d:909712. 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.