Green process innovation, green product innovation, and corporate financial performance: A content analysis method
| Autor: | Xuemei Xie, Jiage Huo, Hailiang Zou |
|---|---|
| Rok vydání: | 2019 |
| Předmět: |
Marketing
Government Financial performance business.industry Product innovation 05 social sciences Subsidy Content analysis Manufacturing 0502 economics and business Business sector 050211 marketing business GeneralLiterature_REFERENCE(e.g. dictionaries encyclopedias glossaries) Process innovation 050203 business & management Industrial organization |
| Zdroj: | Journal of Business Research. 101:697-706 |
| ISSN: | 0148-2963 |
| DOI: | 10.1016/j.jbusres.2019.01.010 |
| Popis: | Green technology innovation has received continuous attention from the business sector in recent years, yet few studies have examined the internal mechanisms and contingent conditions that link green technology innovation to a firm's financial performance. Using data from 209 listed companies that belong to heavily polluting manufacturing industries, collected via the content analysis method, we find that green process innovation has a positive impact on green product innovation, and that both green process innovation and green product innovation can improve a firm's financial performance. We also find that green product innovation mediates the relationship between green process innovation and a firm's financial performance, and that a firm's green image moderates the relationship between green product innovation and financial performance. However, our study shows that the moderating effect of green subsidies on the relationship between green product innovation and a firm's financial performance is not supported. Based on these findings, we provide several recommendations for managers and government entities to effectively implement green technology innovation. |
| Databáze: | OpenAIRE |
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