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The Influence of Technology Differences on Corporate Environmental Patents: A Resource‐Based Versus an Institutional View of Green Innovations

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  • Juan Alberto Aragon‐Correa
  • Dante I. Leyva‐de la Hiz

Abstract

This paper proposes that both the resource‐based view and institutional theory predict a positive relationship between the number of patented environmental innovations and non‐environmental innovations held by a firm, because they both are subject to the influence of similar factors. However, while the resource‐based view predicts that technological differences between the patented environmental innovations owned by a firm and those in the industry as a whole will positively affect the firm's environmental innovations, the institutional perspective predicts a negative relationship. Our results derive from a sample of 5537 environmental patents from 59 large companies in the electrical components and equipment industry worldwide, and show a positive relationship between patented environmental and non‐environmental innovations in a firm, but a negative influence on the number of the firm's patented environmental innovations resulting from differences between the firm's environmental technologies and those generally prevalent in the industry. Copyright © 2015 John Wiley & Sons, Ltd and ERP Environment

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  • Juan Alberto Aragon‐Correa & Dante I. Leyva‐de la Hiz, 2016. "The Influence of Technology Differences on Corporate Environmental Patents: A Resource‐Based Versus an Institutional View of Green Innovations," Business Strategy and the Environment, Wiley Blackwell, vol. 25(6), pages 421-434, September.
    • Handle: RePEc:bla:bstrat:v:25:y:2016:i:6:p:421-434
    DOI: 10.1002/bse.1885
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    6. Morris, Jonathan, 2020. "Water sustainability in the brewing industry: a stakeholder based approach," Die Unternehmung - Swiss Journal of Business Research and Practice, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 74(3), pages 245-263.
    7. Liu, Tiansen & Song, Yazhi & Xing, Xinpeng & Zhu, Yue & Qu, Zhengyu, 2021. "Bridging production factors allocation and environmental performance of China’s heavy-polluting energy firms: The moderation effect of financing and internationalization," Energy, Elsevier, vol. 222(C).
    8. Dante I. Leyva-de la Hiz & J. Alberto Aragon-Correa & Andrew G. Earle, 2022. "Innovating for Good in Opportunistic Contexts: The Case for Firms’ Environmental Divergence," Journal of Business Ethics, Springer, vol. 176(4), pages 705-721, April.
    9. Marwa Hannouf & Getachew Assefa, 2017. "The Role of Sustainability Resources of Large Greenhouse Gas Emitters: The Case of Corporations in Alberta, Canada," Sustainability, MDPI, vol. 9(2), pages 1-18, January.
    10. Konara, Palitha & Lopez, Carmen & Shirodkar, Vikrant, 2021. "Environmental innovation in foreign subsidiaries: The role of home-ecological institutions, subsidiary establishment mode and post-establishment experience," Journal of World Business, Elsevier, vol. 56(6).
    11. Alfonso Aranda-Usón & Pilar Portillo-Tarragona & Luz María Marín-Vinuesa & Sabina Scarpellini, 2019. "Financial Resources for the Circular Economy: A Perspective from Businesses," Sustainability, MDPI, vol. 11(3), pages 1-23, February.
    12. Ponta, Linda & Puliga, Gloria & Manzini, Raffaella & Cincotti, Silvano, 2022. "Sustainability-oriented innovation and co-patenting role in agri-food sector: Empirical analysis with patents," Technological Forecasting and Social Change, Elsevier, vol. 178(C).
    13. Huang, Yi-Chun & Chen, Chih Ta, 2022. "Exploring institutional pressures, firm green slack, green product innovation and green new product success: Evidence from Taiwan's high-tech industries," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    14. Valero-Gil, Jesus & Surroca, Jordi A. & Tribo, Josep A. & Gutierrez, Leopoldo & Montiel, Ivan, 2023. "Innovation vs. standardization: The conjoint effects of eco-innovation and environmental management systems on environmental performance," Research Policy, Elsevier, vol. 52(4).
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