Eco-Innovation Determination based on Structural Equation Modeling: Identifying the Mediation and Moderation Effect

Autor: Ma Ding, Ye Jianmu
Rok vydání: 2015
Předmět:
Zdroj: The International Journal of Management Science and Business Administration. 1:17-29
ISSN: 1849-5664
DOI: 10.18775/ijmsba.1849-5664-5419.2014.13.1002
Popis: The motivation of enterprise eco-innovation is always an intriguing topic for policy makers, regulators, and scholars. Utilizing the rationale of institutional theory, stakeholder theory as well as upper echelons theory, this study devises a conceptualized model in explaining eco-innovation and uses questionnaire data from 288 enterprises in Wuhan city to test the hypothetical model through Structural Equation Modeling analysis. The study reveals that both institutional/stakeholder force and organizational force are significant triggers in enterprise eco-innovation, as the latter one mediates the effect of the former one. Supervisory support does not strengthen the relationship between institutional/stakeholder force and firm eco-innovation, yet weakens the relationship between organizational driver and eco-innovation. Conclusions imply that firm should prepare in terms of technological capability, scientific or social networking, resource base and specificity to better embrace eco-innovation, whereas governments should commit to optimize its regulation setting, law enforcement and various administrative and economic instruments to better incentivize enterprises to engage in eco-innovations.
Databáze: OpenAIRE