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The missing link: sustainability innovation practices, non-financial performance outcomes and economic performance
Management Research Review Pub Date : 2021-05-18 , DOI: 10.1108/mrr-09-2020-0562
Matjaž Maletič , Boštjan Gomišček , Damjan Maletič

Purpose

Innovation is the backbone of sustainability. Although many efforts have been made to conceptualize sustainability-oriented innovations, the impact of these organizational practices on performance has not been adequately explored. This paper, therefore, aims to fill an important gap in the literature by exploring the relationship between sustainability innovation practices and performance outcomes. Specifically, this study examines the relationship between sustainability innovation practices, non-financial performance and economic performance.

Design/methodology/approach

This paper uses partial least squares path modeling (PLS-PM) to estimate both the direct and indirect effects of sustainability practices on economic performance. The data were collected on the basis of a large-scale survey of 266 European organizations.

Findings

The results show that sustainability innovation practices directly and indirectly influence economic performance through non-financial performance outcomes (i.e. innovation performance, environmental performance and social performance).

Originality/value

The scientific value of this paper is provided by showing that sustainability innovation practices lead to certain performance improvements and by providing a model to better understand the links between non-financial performance outcomes and economic performance.



中文翻译:

缺失的环节:可持续性创新实践、非财务绩效结果和经济绩效

目的

创新是可持续发展的支柱。尽管已经做出许多努力来概念化以可持续性为导向的创新,但尚未充分探讨这些组织实践对绩效的影响。因此,本文旨在通过探索可持续性创新实践与绩效结果之间的关系来填补文献中的一个重要空白。具体而言,本研究考察了可持续性创新实践、非财务绩效和经济绩效之间的关系。

设计/方法/方法

本文使用偏最小二乘路径模型 (PLS-PM) 来估计可持续性实践对经济绩效的直接和间接影响。这些数据是在对 266 个欧洲组织的大规模调查的基础上收集的。

发现

结果表明,可持续性创新实践通过非财务绩效结果(即创新绩效、环境绩效和社会绩效)直接和间接影响经济绩效。

原创性/价值

本文的科学价值体现在展示可持续性创新实践会带来某些绩效改进,并通过提供一个模型来更好地理解非财务绩效结果与经济绩效之间的联系。

更新日期:2021-05-18
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