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Impact of green entrepreneurship orientation on environmental performance: The natural resource‐based view and environmental policy perspective

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  • Lahcene Makhloufi
  • Abderrazak Ahmed Laghouag
  • Tang Meirun
  • Fateh Belaid

Abstract

Environmental sustainability is the primary task of environmental entrepreneurship by critically handling increased institutional, customer, and environmental pressures. Green entrepreneurship orientation (GEO) seeks to harmonize their relationships with the external environment to foster the impact of green innovation performance (GIP) on environmental performance (EP). Drawing upon the natural resource‐based view and dynamic capability theory, the study examines the effect of GEO on GIP and EP. Additionally, the moderating effect of managerial environmental concerns (MEC) on this relationship is also inspected. The results revealed that green absorptive capacity (GAC), environmental cooperation (EC), and MEC significantly affect GEO. Furthermore, GEO positively influenced GIP and EP. Indeed, GEO partially mediates GAC, EC, and managerial concern's relationship on green innovation and EP. Additionally, MEC significantly moderates the relationship between GEO and EP. Firms GEO should adequately enhance green practices performance and EP to accommodate their external environment relationships. The study concluded that green innovation development shifts firms from environmental management to sustainable development. Theoretical and practical implications were also presented.

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  • Lahcene Makhloufi & Abderrazak Ahmed Laghouag & Tang Meirun & Fateh Belaid, 2022. "Impact of green entrepreneurship orientation on environmental performance: The natural resource‐based view and environmental policy perspective," Business Strategy and the Environment, Wiley Blackwell, vol. 31(1), pages 425-444, January.
    • Handle: RePEc:bla:bstrat:v:31:y:2022:i:1:p:425-444
    DOI: 10.1002/bse.2902
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    2. Li, Miaomiao & Cao, Guikun & Cui, Li & Liu, Xiaoquan & Dai, Jing, 2023. "Examining how government subsidies influence firms’ circular supply chain management: The role of eco-innovation and top management team," International Journal of Production Economics, Elsevier, vol. 261(C).
    3. Chen, Su & Shen, Wenbin & Qiu, Zhiqiang & Liu, Rongzhi & Mardani, Abbas, 2023. "Who are the green entrepreneurs in China? The relationship between entrepreneurs’ characteristics, green entrepreneurship orientation, and corporate financial performance," Journal of Business Research, Elsevier, vol. 165(C).
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    5. Dr. Titus M. Kising’u & Ruwaida Hassan Mwajambia, 2022. "Dynamic Managerial Capabilities on Firm Performance: Evidence from Travel Agencies and Tour Operators in Kenya," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 6(5), pages 770-783, May.
    6. Letycja Sołoducho-Pelc & Adam Sulich, 2022. "Natural Environment Protection Strategies and Green Management Style: Literature Review," Sustainability, MDPI, vol. 14(17), pages 1-25, August.
    7. Fanjul, Ana P. & Herrera, Liliana & Munoz-Doyague, Maria F., 2023. "Fostering rural entrepreneurship: An ex-post analysis for Spanish municipalities," Technological Forecasting and Social Change, Elsevier, vol. 197(C).

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