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Investigating The Effect Of Innovation Strategies On Firm’S Social And Financial Performance: Evidence From French Listed Firms

Author

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  • RIM BEN HASSEN

    (Military Academy Fondok Jedid, Nabeul, Tunisia, GEF2A Laboratory, University of Tunis, Tunisia)

  • DORRA TALBI

    (��Higher School of Economic and Commercial Sciences Tunis — University of Tunis, FCF Laboratory — University Tunis EI Manar, Tunisia)

Abstract

The main objective of this study consists of investigating the impact of innovation strategies on corporate financial and social performance. Our study is based on French listed firms (SBF 120) from 2015 to 2019. Two models are employed to test our hypotheses: in the first model we opt for linear regressions to investigate the relation between innovation strategies (process, product and open) on firm’s financial performance. In the second model, logit regression model is employed to explore the impact of innovation strategies on corporate social responsibility (CSR). Findings reveal that product and open innovation are valuable to firm’s performance measured by return on asset (ROA). Second, we find evidence that open and technological innovation (process and product) have a positive effect on CSR strategies.

Suggested Citation

  • Rim Ben Hassen & Dorra Talbi, 2022. "Investigating The Effect Of Innovation Strategies On Firm’S Social And Financial Performance: Evidence From French Listed Firms," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 26(01), pages 1-20, January.
    • Handle: RePEc:wsi:ijitmx:v:19:y:2022:i:01:n:s1363919622500049
    DOI: 10.1142/S1363919622500049
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    Citations

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    Cited by:

    1. Salim Morched & Ben Mohamed Ezzeddine & Anis Jarboui, 2023. "The impact of innovation type on the performance and social responsibility of French manufacturing companies," Environment Systems and Decisions, Springer, vol. 43(3), pages 433-452, September.
    2. Mark Anthony Camilleri & Ciro Troise & Serena Strazzullo & Stefano Bresciani, 2023. "Creating shared value through open innovation approaches: Opportunities and challenges for corporate sustainability," Business Strategy and the Environment, Wiley Blackwell, vol. 32(7), pages 4485-4502, November.
    3. Ana León-Gómez & José Manuel Santos-Jaén & Daniel Ruiz-Palomo & Mercedes Palacios-Manzano, 2022. "Disentangling the impact of ICT adoption on SMEs performance: the mediating roles of corporate social responsibility and innovation," Oeconomia Copernicana, Institute of Economic Research, vol. 13(3), pages 831-866, September.

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