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The Contribution of Environmental Strategies, Entrepreneurial Innovation and Entrepreneurial Orientation in Enhancing Firm Environmental Performance and Energy Efficiency

Author

Listed:
  • Nadeem Khalid

    (Bang College of Business, KIMEP University, Kazakhstan)

  • Leila Salykova

    (Department of International Cooperation, Astana IT University, Kazakhstan)

  • Nejat Capar

    (Bang College of Business, KIMEP University, Kazakhstan)

Abstract

The objective of the current study is to empirically investigate the link between entrepreneurial attributes, strategic capabilities, and environmental nexus in Malaysian manufacturing firms. In doing so, the present study is motivated to recognize the role of entrepreneurial innovation, entrepreneurial orientation and environmental strategies in influencing firm s energy efficiency potential and environmental performance. To the best of our knowledge, the current study is first of its kind in investigating the effect of the considered explanatory variables on energy efficiency. Moreover, in line with the rising emphasis on environmental impact of firms, the current study is novel for identifying the relationship of firm s internal expertise and capabilities in leading environmental performance. The data is collected from different multinational firms in Malaysia. We applied PLS-SEM on the 300 samples which suggested that environmental strategy, entrepreneurial innovation, and entrepreneurial orientation have a positive and significantly influenced environmental performance and energy efficiency. Technical speaking, the results confirm that the environmental strategy, entrepreneurial innovation, and entrepreneurial orientation are the key contributors to enhance the energy efficiency and environmental performance of multinational firms in Malaysia.

Suggested Citation

  • Nadeem Khalid & Leila Salykova & Nejat Capar, 2020. "The Contribution of Environmental Strategies, Entrepreneurial Innovation and Entrepreneurial Orientation in Enhancing Firm Environmental Performance and Energy Efficiency," International Journal of Energy Economics and Policy, Econjournals, vol. 10(3), pages 282-288.
    • Handle: RePEc:eco:journ2:2020-03-35
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    Cited by:

    1. Kelly M. Smith & Stephen Wilson & Paul Lant & Maureen E. Hassall, 2022. "How Do We Learn about Drivers for Industrial Energy Efficiency—Current State of Knowledge," Energies, MDPI, vol. 15(7), pages 1-26, April.
    2. Marcia Cristiane Gruba & Danielle Denes & Rodrigo Cortopassi Goron Lobo & Andrew Jay Isaak, 2022. "Circular Economy Initiatives: Strategic Implications, Resource Management, and Entrepreneurial Innovation in a Brazilian Craft Beer Ecosystem during the COVID Era," Sustainability, MDPI, vol. 14(19), pages 1-20, September.

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    More about this item

    Keywords

    Environmental strategy; entrepreneurial innovation; firm performance; energy efficiency; Malaysia;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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