| Title | Environmental regulations and government support drive green innovation performance: role of competitive pressure and digital transformation |
|---|---|
| ID_Doc | 62483 |
| Authors | Akhtar, S; Tian, HY; Iqbal, S; Hussain, RY |
| Title | Environmental regulations and government support drive green innovation performance: role of competitive pressure and digital transformation |
| Year | 2024 |
| Published | |
| Abstract | Small and medium-sized enterprises (SMEs) are facing a critical moment in the face of growing global environmental concerns, which are fueled by rapid economic growth and industrialization. Environmental problems, from overuse of resources to air and water pollution, have worsened. Environmental degradation emphasizes companies, particularly SMEs, through environmental regulations to manage their environmental impact. Therefore, there is an urgent need to focus on the green innovation performance of SMEs. Hence, this study examines the multifaceted relationships (considering government support, competitive pressure, and digital transformation) between environmental regulations and the performance of green innovation, with a particular emphasis on SMEs. Data were collected from 217 SMEs in Jiangsu province, China, through an online survey and analyzed using partial least square structured equation modeling in SmartPLS (version 4.0) to provide outcomes concerning environmental sustainability. The findings obtained through structured equation modeling acknowledge that environmental regulations (flexible and non-flexible) play a significant role in influencing the development of green innovation performance. However, the green innovation of SMEs increases when government support is provided in the form of finances, technological aid, and market information. Moreover, managers' focus on competitive pressure and digital transformation positively increases green innovation performance. The conclusions of this study fall under the viewpoint of the "contingency theory of management" and fill the gaps in the literature through novel relationships and theoretical framework. The study provides ways for managers of SEMs to handle environmental regulations and green innovation performance. [GRAPHICS] . |
Similar Articles
| ID | Score | Article |
|---|---|---|
62175
|
Wu, SL; Cheng, P; Yang, F Study on the impact of digital transformation on green competitive advantage: The role of green innovation and government regulation(2024)Plos One, 19, 8 | |
| 66526
|
Khan, A; Hussain, S; Sampene, AK Investing in green intellectual capital to enhance green corporate image under the Influence of green innovation climate: A Case of Chinese Entrepreneurial SMEs(2023) | |
| 32752
|
Le, TT; Govindan, K Boosting green innovation on corporate performance: Managerial environmental concern's moderating role(2024) | |
| 74854
|
Ooi, SK; Lee, CH; Amran, A Assessing the influence of social capital and innovations on environmental performance of manufacturing SMEs(2023)Corporate Social Responsibility And Environmental Management, 30, 6 | |
| 35356
|
Lutfi, A; Alqudah, H; Alrawad, M; Alshira'h, AF; Alshirah, MH; Almaiah, MA; Alsyouf, A; Hassan, MF Green Environmental Management System to Support Environmental Performance: What Factors Influence SMEs to Adopt Green Innovations?(2023)Sustainability, 15, 13 | |
| 31477
|
Wasiq, M; Kamal, M; Ali, N Factors Influencing Green Innovation Adoption and Its Impact on the Sustainability Performance of Small- and Medium-Sized Enterprises in Saudi Arabia(2023)Sustainability, 15, 3 | |
| 31357
|
Le, TT How do corporate social responsibility and green innovation transform corporate green strategy into sustainable firm performance?(2022) | |
| 30632
|
Wang, M; He, YS; Zhou, JY; Ren, K Evaluating the Effect of Chinese Environmental Regulation on Corporate Sustainability Performance: The Mediating Role of Green Technology Innovation(2022)International Journal Of Environmental Research And Public Health, 19, 11 | |
| 30267
|
Mukhtar, B; Shad, MK; Lai, FW Fostering sustainability performance in the Malaysian manufacturing companies: the role of green technology innovation and innovation capabilities(2024) | |
| 34977
|
Zhang, TJ; Zho, JY; Hussain, RY; Wang, M; Ren, K Research on the cultivation of green competitiveness among chinese heavily polluting enterprises under country/district environmental regulations(2022) |