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Eco-innovation, Responsible Leadership and Organizational Change for Corporate Sustainability

Author

Listed:
  • Dorel Mihai Paraschiv

    (Academy of Economic Studies, Bucharest, Romania)

  • Estera Laura Nemoianu

    (Academy of Economic Studies, Bucharest, Romania)

  • Claudia Adriana Langă

    (Academy of Economic Studies, Bucharest, Romania)

  • Tünde Szabó

    (Academy of Economic Studies, Bucharest, Romania)

Abstract

Creating a sustainable development strategy is essential for organizations that seek to reduce risks associated with tightening legislation, increased energy prices and natural resources and growing customer demands. Sustainability requires the full integration of social and environmental aspects into the vision, culture and operations of an organization, a profound process of organizational change being essential. The purpose of this paper is to present the main drivers of corporate sustainability, illustrating – after a thorough literature review – the link between the following elements: corporate sustainability – a necessity in the current global context; eco-innovation – as a way to implement sustainability in an organization; responsible leadership – as the art of building and maintaining strong and moral relationships with all stakeholders; organizational culture and organizational change – the basic elements through which organizations continuously renew their processes and products, adapting them to the new context. Furthermore, the paper provides an overview of organizations active in Romania in terms of sustainability practices, in general, and the ecological component of sustainable development, in particular, by presenting the results of an exploratory questionnaire-based research. The research reflects the importance of visionary management in adopting and implementing sustainability in the responding organizations.

Suggested Citation

  • Dorel Mihai Paraschiv & Estera Laura Nemoianu & Claudia Adriana Langă & Tünde Szabó, 2012. "Eco-innovation, Responsible Leadership and Organizational Change for Corporate Sustainability," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 14(32), pages 404-419, June.
    • Handle: RePEc:aes:amfeco:v:14:y:2012:i:32:p:404-419
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    References listed on IDEAS

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    2. Ana Maria Ifrim & Iuliana Camelia Stoenica & Anca Gabriela Petrescu & Florentina Raluca Bilcan, 2018. "The Impact of Green Innovation on Organizational Performance: Evidence from Romanian SMEs," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 4(1), pages 82-88, March.
    3. Pilar Portillo-Tarragona & Sabina Scarpellini & Jose M. Moneva & Jesus Valero-Gil & Alfonso Aranda-Usón, 2018. "Classification and Measurement of the Firms’ Resources and Capabilities Applied to Eco-Innovation Projects from a Resource-Based View Perspective," Sustainability, MDPI, vol. 10(9), pages 1-23, September.
    4. Tomina Saveanu & Daniel Badulescu & Sorana Saveanu & Maria-Madela Abrudan & Alina Badulescu, 2021. "The Role of Owner-Managers in Shaping CSR Activity of Romanian SMEs," Sustainability, MDPI, vol. 13(20), pages 1-19, October.
    5. Paulius Šūmakaris & Deniss Ščeulovs & Renata Korsakienė, 2020. "Current Research Trends on Interrelationships of Eco-Innovation and Internationalisation: A Bibliometric Analysis," JRFM, MDPI, vol. 13(5), pages 1-16, April.
    6. Philip Hallinger, 2020. "Analyzing the intellectual structure of the Knowledge base on managing for sustainability, 1982–2019: A meta‐analysis," Sustainable Development, John Wiley & Sons, Ltd., vol. 28(5), pages 1493-1506, September.
    7. Fernanda Q. Sperotto & Iván G. P. Tartaruga, 2021. "The Green Side of Industry: The Drivers and the Impacts of ECO-Innovations in Brazil," Sustainability, MDPI, vol. 13(14), pages 1-23, July.
    8. Marcelo Seido Nagano & Antonio Iacono, 2019. "Knowledge Management in Eco-Innovation Practice: An Analysis of the Contribution of Eco-Innovation Tools in the Early Stages of the Product Development Process," Journal of Information & Knowledge Management (JIKM), World Scientific Publishing Co. Pte. Ltd., vol. 18(04), pages 1-17, December.
    9. Joanna Radomska, 2015. "The Concept of Sustainable Strategy Implementation," Sustainability, MDPI, vol. 7(12), pages 1-10, November.
    10. Jana Hojnik, 2017. "In Pursuit of Eco-innovation," UPP Monograph Series, University of Primorska Press, number 978-961-7023-53-4.
    11. Philip Hallinger & Suparak Suriyankietkaew, 2018. "Science Mapping of the Knowledge Base on Sustainable Leadership, 1990–2018," Sustainability, MDPI, vol. 10(12), pages 1-22, December.
    12. Cristina Lopez-Cozar-Navarro & Tiziana Priede-Bergamini & Sonia Benito-Hernandez, 2023. "How Family Character Affect the Financing of Environmental Protection Strategies and Energy-Saving Measures," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 25(63), pages 503-503, April.
    13. Raquel Ortega-Lapiedra & Miguel Marco-Fondevila & Sabina Scarpellini & Fernando Llena-Macarulla, 2019. "Measurement of the Human Capital Applied to the Business Eco-Innovation," Sustainability, MDPI, vol. 11(12), pages 1-16, June.
    14. Isabel‐María García‐Sánchez & Isabel Gallego‐Álvarez & José‐Luis Zafra‐Gómez, 2020. "Do the ecoinnovation and ecodesign strategies generate value added in munificent environments?," Business Strategy and the Environment, Wiley Blackwell, vol. 29(3), pages 1021-1033, March.
    15. Tomasz Bernat & Piotr Bartkowiak, 2013. "Monopolization versus sustainable growth – the case of postal services market in Poland," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 15(Special 7), pages 714-728, November.
    16. Sumrin, Samina & Gupta, Suraksha & Asaad, Yousra & Wang, Yichuan & Bhattacharya, Saurabh & Foroudi, Pantea, 2021. "Eco-innovation for environment and waste prevention," Journal of Business Research, Elsevier, vol. 122(C), pages 627-639.
    17. Hartmann, Julia & Inkpen, Andrew & Ramaswamy, Kannan, 2022. "An FsQCA exploration of multiple paths to ecological innovation adoption in European transportation," Journal of World Business, Elsevier, vol. 57(5).
    18. Luminița PISTOL & Rocsana BUCEA-MANEA-ȚONIȘ, 2014. "Model of Innovation through Information Network Sharing," International Conference on Economic Sciences and Business Administration, Spiru Haret University, vol. 1(1), pages 230-237, December.
    19. Seçil Bal Taştan & Seyed Mehdi Mousavi Davoudi, 2019. "The relationship between socially responsible leadership and organisational ethical climate: in search for the role of leader's relational transparency," International Journal of Business Governance and Ethics, Inderscience Enterprises Ltd, vol. 13(3), pages 275-299.
    20. Sooksan Kantabutra, 2020. "Toward an Organizational Theory of Sustainability Vision," Sustainability, MDPI, vol. 12(3), pages 1-26, February.
    21. Xiaode Ji & Yanzhao Su & Yue Zhang & Hui Wang, 2023. "Making Our Firm More Sustainable: The Role of CEO Vision Communication of Sustainability on Sustainability Performance," SAGE Open, , vol. 13(4), pages 21582440231, November.
    22. Salina Daud, 2015. "The antecedents of corporate sustainability performance," Proceedings of International Academic Conferences 2704927, International Institute of Social and Economic Sciences.
    23. Nijsiree Vongariyajit & Sooksan Kantabutra, 2021. "A Test of the Sustainability Vision Theory: Is It Practical?," Sustainability, MDPI, vol. 13(14), pages 1-20, July.

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    More about this item

    Keywords

    corporate sustainability; organizational change; leadership; eco-innovation; sustainable performance;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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