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The Influence of Corporate Social Responsibility on Innovation Performance: The Mediating Effect of Innovation Ecosystem in Guangdong Province's Pharmaceutical Industry

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  • Huang Lu

    (Asia Metropolitan University (AMU), Malaysia.)

Abstract

This study examines the relationship between corporate social responsibility (CSR) and pharmaceutical innovation performance, with a focus on the role of the innovation ecosystem in mediating this relationship. The study highlights the importance of balancing the economic and social aspects of pharmaceutical enterprises to promote their innovative development while fulfilling social responsibilities. Using a systematic review of relevant literature, the study constructs a relationship model between CSR, innovation ecosystem support, and pharmaceutical innovation performance. The study collects measurement items, develops measurement scales, and conducts a large-scale formal survey to verify the research hypotheses. Regression analysis is used to explore the reasons for the establishment and non-establishment of the hypotheses. The paper summarizes the research work and proposes management suggestions. The study contributes to the growing research on CSR and performance by providing a thorough understanding of how CSR affects corporate performance in the context of pharmaceutical enterprises.

Suggested Citation

  • Huang Lu, 2023. "The Influence of Corporate Social Responsibility on Innovation Performance: The Mediating Effect of Innovation Ecosystem in Guangdong Province's Pharmaceutical Industry," International Journal of Science and Business, IJSAB International, vol. 24(1), pages 81-96.
    • Handle: RePEc:aif:journl:v:24:y:2023:i:1:p:81-96
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    References listed on IDEAS

    as
    1. Teece, David J., 2018. "Profiting from innovation in the digital economy: Enabling technologies, standards, and licensing models in the wireless world," Research Policy, Elsevier, vol. 47(8), pages 1367-1387.
    2. Caroline Flammer & Aleksandra Kacperczyk, 2019. "Corporate social responsibility as a defense against knowledge spillovers: Evidence from the inevitable disclosure doctrine," Strategic Management Journal, Wiley Blackwell, vol. 40(8), pages 1243-1267, August.
    3. Thomas Dyllick & Kai Hockerts, 2002. "Beyond the business case for corporate sustainability," Business Strategy and the Environment, Wiley Blackwell, vol. 11(2), pages 130-141, March.
    4. Carroll, Archie B., 1991. "The pyramid of corporate social responsibility: Toward the moral management of organizational stakeholders," Business Horizons, Elsevier, vol. 34(4), pages 39-48.
    5. Jordi Surroca & Josep A. Tribó & Sandra Waddock, 2010. "Corporate responsibility and financial performance: the role of intangible resources," Strategic Management Journal, Wiley Blackwell, vol. 31(5), pages 463-490, May.
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