As a result of increasing consumer awareness and stakeholder demands about environmental management, firms face stricter challenges surrounding the impact of business operations on the environment. In this regards, environmental innovation is one of the important ways of acting in harmony with the environment. Thus, the purpose of this study is to examine the impact of organisational capital on environmental innovation measured as the process innovation and product innovation. Using environmental innovation data from ASSET4 for the US listed firms between 2002 and 2018, our empirical results reveal a significant positive association between organisational capital and both the process innovation and product innovation. Furthermore, the relationship is stronger in high-profitability and sensitive industries subsamples. These results are robust to additional control variables and endogeneity tests. This study, while endorsing the resource-based view (RBV), provides important implications for the top management teams that organisational capital could be an important channel through which managers can boost environmental innovation.

中文翻译：

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组织资本会影响环境战略吗？来自环境创新的证据

由于消费者意识和利益相关者对环境管理的要求不断提高，企业在业务运营对环境的影响方面面临更严峻的挑战。在这方面，环境创新是与环境和谐相处的重要方式之一。因此，本研究的目的是检验组织资本对以流程创新和产品创新为衡量标准的环境创新的影响。使用来自 ASSET4 的美国上市公司 2002 年至 2018 年的环境创新数据，我们的实证结果揭示了组织资本与流程创新和产品创新之间的显着正相关。此外，这种关系在高利润和敏感行业的子样本中更强。这些结果对于额外的控制变量和内生性检验是稳健的。这项研究在支持基于资源的观点 (RBV) 的同时，为高层管理团队提供了重要的启示，即组织资本可以成为管理者推动环境创新的重要渠道。