Connecting strategic orientation, innovation strategy, and corporate sustainability
| Autor: | Robert Jan Blomme, Johannes W. F. C. van Lieshout, André H.J. Nijhof, Gijs J. W. Naarding |
|---|---|
| Přispěvatelé: | RS-Research Program Learning and Innovation in Resilient systems (LIRS), Department of Organisation |
| Jazyk: | angličtina |
| Rok vydání: | 2021 |
| Předmět: |
Sustainable development
sustainable development corporate social responsibility Open innovation business.industry Strategy and Management Geography Planning and Development Stakeholder engagement Management Monitoring Policy and Law Public relations Strategic orientation corporate sustainability Organizational ambidexterity Corporate sustainability Corporate social responsibility Business and International Management business |
| Zdroj: | van Lieshout, J W F C, Nijhof, A H J, Naarding, G J W & Blomme, RJ 2021, ' Connecting strategic orientation, innovation strategy, and corporate sustainability : A model for sustainable development through stakeholder engagement ', Business Strategy and the Environment, vol. 30, no. 8, pp. 4068-4080 . https://doi.org/10.1002/bse.2857 Business Strategy and the Environment, 30(8), 4068-4080. John Wiley and Sons Ltd |
| ISSN: | 0964-4733 |
| DOI: | 10.1002/bse.2857 |
| Popis: | This paper aims to enhance our understanding of the relationship between organizations' strategic orientation (i.e., instrumental, equidistant, and stewardship) and their innovational strategy (i.e., organizational ambidexterity and open innovation), and this relationship's influence on their sustainability performance. We expected organizations' strategic orientation to influence their innovational strategy and exhibit better corporate sustainability. We focused on 12 different multinational organizations in the Eurozone and found that inbound open innovation acts as a driver for corporate sustainability while simultaneously positively enabling organizations to pursue both financial and social initiatives. After suggesting open innovation as a new corporate sustainability antecedent, we only found empirical evidence of inbound open innovation. However, we would suggest that if organizations incorporated outbound open innovation in their strategy, they could likely improve their corporate sustainability. Also, we found that achieving an equidistant or stewardship orientation paves the way for sustainability to become an integral part of an organization's innovational culture and actualizes the organization's strategic behavior. Our findings further contribute to a deeper understanding of organizations' characteristics as their sustainability commitment grows and as they move from an instrumental to a stewardship orientation and implement an open innovational strategy. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|
Plný text