Purpose: Over the last few decades, more emphasis has been placed on those innovations that can reconcile economic, social and environmental goals in order to achieve a “win-win-win” situation. This paper aims to systematise the scientific literature on Sustainable Innovation as a broad field in order to identify the most relevant scholars and their significant contributions as well as existing lines of research. Finally, future research directions are suggested.Design/methodology/approach: A novel methodology, the Systematic Literature Network Analysis, has been applied. By using a dynamic approach to the traditional Systematic Literature Review, the present review investigates the creation, transfer, and development of knowledge throughout the epistemic community of Sustainable Innovation.Findings: Starting from a sample of 1,108 articles, the critical assessment of the results detected five main themes: (1) “the role of Regulation, Market and Technology”; (2) “Eco-Innovation determinants and firm specific factors and the debate between corporate environmental performance and corporate financial performance”; (3) “Green innovation and internal and external drivers”; (4) “The strategic determinants of green (non-green) innovation”; (5) “The interplay between policy, regulations and the green innovation”.Practical implications: From a practitioner's perspective, this study provides an objective view on the current internal, external drivers and strategic determinants of sustainability-oriented innovations and relevant studies that can guide managers in their decision-making processes and enhance sustainable innovation performance.Originality/value: This study is a first attempt to unveil the evolution of knowledge in the field of sustainable innovation by utilizing bibliometric tools.
Over the last decade, the body of literature on the relationship between corporate governance mechanisms (board composition and its characteristics) and ‘corporate social reporting’ has seen increasing attention from academics. However, no significant studies attempt to systematise the body of literature highlighting the advancement of knowledge in this field. The main objective of this study is to identify the flow of knowledge in this area by applying a chronological approach to the traditional Systematic Literature Review (SLR), which is called Systematic Literature Network Analysis (SLNA). We found 21 papers that constitute the Main Path of knowledge and four clusters from the co-occurrence analysis of authors’ keywords: i) ‘The influencing factors of social disclosure’; ii) ‘Assurance practices and CSR reporting’; iii) ‘Integrated reporting and Sustainability reporting’; iv) ‘The relationship between intellectual capital disclosure and corporate governance’; v) ‘The relevant theories.’ Finally, future avenues of research are suggested.
22 June 2022 in International Journal of Entrepreneurial Behavior & Research
Purpose: The purpose of this study is to identify groups of manufacturing firms having different combinations of strategic orientation (market and technology orientations) and compare the viable groups for differences in their sustainable innovation (SI) performance.Design/methodology/approach: A sample of 373 Italian manufacturing firms is clustered (using non-hierarchical cluster analysis) based on their combinations of market orientation (MO) and technology orientation (TO). Subsequently, the one-way between-groups analysis of variance (ANOVA) with post-hoc tests is conducted to detect how the resulting groups differ in their SI performance.Findings: The synergistic co-alignment of TO with both dimensions of MO (i.e. responsive and proactive) can help firms enhance their performance regarding SI. Amongst the groups of manufacturing firms identified in the context of this research, ‘future-oriented entrepreneurs’ appear to represent the strongest combination of MO with TO, leading them to achieve higher levels of SI performance.Research limitations/implications: This study, by referring to a survey-based empirical study of manufacturing firms in Italy, extends the literature by arguing that higher levels of balanced TO–MO results in greater SI performance. To confirm and extend the results of this work, future research should assess the examined combinations of orientations in other contexts, and with respect to other performance variables (e.g. sustainable entrepreneurship).Practical implications: By recognizing the real value of foresight practices, manufacturing firms should be equipped with organizational capabilities that enable them to systematically predict potential discontinuities, explore the future and simultaneously maximize their innovation and technology capacity. The findings of this research provide insights to managers on how to invest in resources linked to different configurations of MO and TO so that they can lead to the improvement of sustainability-oriented innovation performance.Originality/value: This work represents a first attempt to explore the viable combinations of MO (including responsive and proactive dimensions) with TO in the manufacturing context, and to investigate how these combinations contribute to different levels of SI performance.
Adopting Systematic Literature Network Analysis (SLNA), this paper reviews the existing literature on the quality of company reports, defined as both voluntary and mandatory disclosures in financial and non-financial reports. The paper provides a chronological view of the extant literature by combining a Systematic Literature Review (SLR) with a Bibliographic Network Analysis (BNA). The SLR included a final sample of 883 papers from 1975 to 2020, while the BNA detected the evolution of knowledge and consequently, four main themes have emerged: the voluntary disclosure behaviour of firms; company voluntary disclosure and firm performance; earnings management; and the disclosure of CSR activities. Based on this analysis, the paper proposes three research streams that require further investigation: (i) CSR disclosure, capital markets, and digitalisation; (ii) IFRS adoption, contextual factors, and governance mechanisms; and (iii) managerial ownership and text mining.
8 December 2022 in Journal of Small Business Strategy
Sustainable Development Goals (SDGs) have gained importance and the world is moving on a sustainability trajectory, which requires organisations to balance financial, environmental, and social dimensions of management. Companies are encouraged to adopt sustainable innovations that include resource efficiency, waste reduction, energy use, responsible behavior etc., to overcome environmental issues and incorporate societal aspects. However, the types of innovations that embrace the so-called triple bottom line philosophy have been tenuously investigated in relation to organisational performance of firms. Through an empirical study, this work investigates the relationship between sustainable innovation in its three dimensions and organisational performance, including stakeholder management, human resource management and process measures, in the context of Italian manufacturing companies. The results show that a greater emphasis on sustainable innovations has a positive impact on the organisational performance and competitive advantage of firms, revealing the key role of human capital and portraying important avenues for future research.