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R&D as bridge to sustainable development? Case of Czech Republic and Slovenia

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  • Jana Hojnik
  • Viktor Prokop
  • Jan Stejskal

Abstract

Prior studies revealed that government is key factor influencing firms' decisions about the implementation of environmental innovations and pursuit of sustainable development as well as shaping their environmental orientation. However, the role of firms' R&D within these processes remains unclear. This paper explores the relationship between firms' environmental regulation, R&D, environmental orientation, and environmental outputs to better understand the relationships and dynamics among them. We used the World Bank Enterprise Survey 2019 data on 737 firms from the Czech Republic and Slovenia and employed structural equation modeling. The results indicate that environmental orientation positively influences R&D and environmental outputs. Moreover, environmental regulations spur firms' environmental orientation as well as environmental outputs. On the other hand, the findings reveal that R&D is neither a key factor nor plays a key role as a mediator of environmental regulations and environmental orientation affecting environmental outputs based on the sample of selected countries pertaining to Central and Eastern Europe.

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  • Jana Hojnik & Viktor Prokop & Jan Stejskal, 2022. "R&D as bridge to sustainable development? Case of Czech Republic and Slovenia," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(1), pages 146-160, January.
    • Handle: RePEc:wly:corsem:v:29:y:2022:i:1:p:146-160
    DOI: 10.1002/csr.2190
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    Cited by:

    1. Emmanuel Ebo Arthur & Solomon Gyamfi & Wolfgang Gerstlberger & Jan Stejskal & Viktor Prokop, 2023. "Towards Circular Economy: Unveiling Heterogeneous Effects of Government Policy Stringency, Environmentally Related Innovation, and Human Capital within OECD Countries," Sustainability, MDPI, vol. 15(6), pages 1-18, March.
    2. Hanyu Zhu & Kailing Zhang & Gang Li & Lin Chen & Xijie Zhao, 2022. "Relationship Management Capability and Service Innovation Performance: The Joint-Effect of Relationship Learning and Competitive Intensity," Sustainability, MDPI, vol. 14(19), pages 1-22, September.
    3. Ying Tian & Jiayi Hong, 2022. "In the Context of Digital Finance, Can Knowledge Enable Manufacturing Companies to Be More Courageous and Move towards Sustainable Innovation?," Sustainability, MDPI, vol. 14(17), pages 1-24, August.
    4. Prokop, Viktor & Gerstlberger, Wolfgang & Zapletal, David & Gyamfi, Solomon, 2023. "Do we need human capital heterogeneity for energy efficiency and innovativeness? Insights from European catching-up territories," Energy Policy, Elsevier, vol. 177(C).

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