| Title |
Sustainability-oriented capabilities for eco-innovation: Meeting the regulatory, technology, and market demands |
| ID_Doc |
31851 |
| Authors |
Demirel, P; Kesidou, E |
| Title |
Sustainability-oriented capabilities for eco-innovation: Meeting the regulatory, technology, and market demands |
| Year |
2019 |
| Published |
Business Strategy And The Environment, 28, 5 |
| DOI |
10.1002/bse.2286 |
| Abstract |
Despite consensus in the literature that regulation, technology push, and market pull drive eco-innovation (EI), evidence remains limited on the diverse firm capabilities needed to boost EI. Building on the natural-resource-based view of the firm and the EI literature, this paper posits that firms need to renew and realign their capabilities, and ultimately develop distinctive sustainability-oriented capabilities, in order to meet the rapidly changing regulatory, technology, and market demands. Results of the analysis, based on a survey of U.K. firms, reveal that EIs are more likely to arise when firms (a) build capabilities on voluntary self-regulation (i.e., executive driven environmental management system and corporate social responsibility) because such organizational capabilities allow them to address increasing regulatory pressures; (b) invest in environmental research and development (i.e., eco-R&D)-instead of generic research and development-because it provides them with the relevant and specific technological capabilities to tackle technology shifts towards sustainability; and (c) develop capabilities in green market sensing as such capabilities allow them to address green consumption needs. |
| Author Keywords |
CSR; eco-innovation; EMS; environmental research and development; sustainability-oriented capabilities; voluntary self-regulation |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Social Science Citation Index (SSCI) |
| EID |
WOS:000474008200015 |
| WoS Category |
Business; Environmental Studies; Management |
| Research Area |
Business & Economics; Environmental Sciences & Ecology |
| PDF |
https://eprints.whiterose.ac.uk/139556/3/Kesidou_Sustainability-oriented%20Capabilities%20for%20Eco-Innovation.pdf
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