Links between sustainability-related innovation and sustainability management
AbstractThis paper analyses the link between sustainability-related innovation and sustainability performance and the role that family firms play in this. This theme is particular relevant from a European point of view given the large number of firms that are family-owned. Governments often support environmentally and socially beneficial innovation with various policy instruments with the intention is to increase international competitiveness and simultaneously support sustainable development. In parallel, firms use corporate social responsibility (CSR) and environmental management systems partly in the hope that this will foster such innovation in their organisation. Hence the main research question of this paper is about the association of CSR and environmental management with environmentally and socially beneficial innovation and its determinants. Based on panel data, the paper analyses the link of corporate sustainability performance with sustainability innovation and the effect of being a family firm using panel estimation techniques. The paper discusses the results of the analysis, which point to a moderating role of family firms on the link of sustainability innovation and performance and assesses the policy implications of this insight.
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Bibliographic InfoPaper provided by Sonderforschungsbereich 649, Humboldt University, Berlin, Germany in its series SFB 649 Discussion Papers with number SFB649DP2008-046.
Length: 35 pages
Date of creation: Jun 2008
Date of revision:
sustainability; innovation; management; quantitative methods; family firms;
Find related papers by JEL classification:
- C30 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - General
- L73 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Forest Products
- Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-07-05 (All new papers)
- NEP-CSE-2008-07-05 (Economics of Strategic Management)
- NEP-ENV-2008-07-05 (Environmental Economics)
- NEP-KNM-2008-07-05 (Knowledge Management & Knowledge Economy)
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- Christian Le Bas & Nicolas Poussing, 2013.
"Firm voluntary measures for environmental changes, eco-innovations and CSR : Empirical analysis based on data surveys,"
1322, Groupe d'Analyse et de Théorie Economique (GATE), Centre national de la recherche scientifique (CNRS), Université Lyon 2, Ecole Normale Supérieure.
- Christian Le Bas & Nicolas Poussing, 2013. "Firm voluntary measures for environmental changes, eco-innovations and CSR : Empirical analysis based on data surveys," Working Papers halshs-00838005, HAL.
- LE BAS Christian & POUSSING Nicolas, 2013. "Firm voluntary measures for environmental changes, eco-innovations and CSR: Empirical analyses based on data surveys," CEPS/INSTEAD Working Paper Series 2013-25, CEPS/INSTEAD.
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