IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v15y2023i13p10292-d1182681.html
   My bibliography  Save this article

Proposal for an Eco-Innovation Concept for Small- and Medium-Sized Enterprises (SMEs)

Author

Listed:
  • Juan Manuel Bucheli-Calvache

    (Faculty of Economic, Accounting and Administrative Sciences, Fundación Universitaria de Popayán, Popayán 190003, Colombia)

  • Alexander Zuñiga-Collazos

    (Faculty of Economics Sciences, Universidad de San Buenaventura, Cali 76001, Colombia)

  • Fabian Osorio-Tinoco

    (Department of Management and Organization, Pontificia Universidad Javeriana, Cali 760031, Colombia)

  • María de los Ángeles Cervantes-Rosas

    (Faculty of Administrative Economic Sciences, Universidad Autónoma de Occidente, Guasave 81048, Mexico)

Abstract

Eco-innovation is an important factor not only for the competitiveness of companies in the face of the greening of markets but also as one of the primary means on the road to sustainable development. However, there is a remarkable conceptual diversity in the subject given the theoretical perspective from which eco-innovation is analyzed. Therefore, this research aims to establish an integrating concept of eco-innovation, based on elements of acceptance in the scientific literature, for its application in SMEs. To this end, 40 articles from recognized scientific databases such as ScienceDirect, Scopus and Web of Science (WoS) were reviewed, resulting in a concept that covers the economic approach, definition, dimensions and drivers of eco-innovation. It was found that the implementation of eco-innovation is dependent on the degree of formalization in each element according to the institutional context in question.

Suggested Citation

  • Juan Manuel Bucheli-Calvache & Alexander Zuñiga-Collazos & Fabian Osorio-Tinoco & María de los Ángeles Cervantes-Rosas, 2023. "Proposal for an Eco-Innovation Concept for Small- and Medium-Sized Enterprises (SMEs)," Sustainability, MDPI, vol. 15(13), pages 1-15, June.
    • Handle: RePEc:gam:jsusta:v:15:y:2023:i:13:p:10292-:d:1182681
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/15/13/10292/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/15/13/10292/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Chris Foster & Ken Green, 2000. "Greening the innovation process," Business Strategy and the Environment, Wiley Blackwell, vol. 9(5), pages 287-303, September.
    2. Joan Ramon Sanchis Palacio & Vanessa Campos Climent, 2007. "La Dirección Estratégica en la Economía Social: utilización de herramientas de análisis estratégico en las Cooperativas," CIRIEC-España, revista de economía pública, social y cooperativa, CIRIEC-España, issue 59, pages 237-258, October.
    3. Singh, Sanjay Kumar & Giudice, Manlio Del & Chierici, Roberto & Graziano, Domenico, 2020. "Green innovation and environmental performance: The role of green transformational leadership and green human resource management," Technological Forecasting and Social Change, Elsevier, vol. 150(C).
    4. Jeffrey S. Harrison & Douglas A. Bosse & Robert A. Phillips, 2010. "Managing for stakeholders, stakeholder utility functions, and competitive advantage," Strategic Management Journal, Wiley Blackwell, vol. 31(1), pages 58-74, January.
    5. Kriwet, A. & Zussman, E. & Seliger, G., 1995. "Systematic integration of design-for-recycling into product design," International Journal of Production Economics, Elsevier, vol. 38(1), pages 15-22, March.
    6. Bahman Peyravi & Artūras Jakubavičius, 2022. "Drivers in the Eco-Innovation Road to the Circular Economy: Organiational Capabilities and Exploitative Strategies," Sustainability, MDPI, vol. 14(17), pages 1-18, August.
    7. Bill Hopwood & Mary Mellor & Geoff O'Brien, 2005. "Sustainable development: mapping different approaches," Sustainable Development, John Wiley & Sons, Ltd., vol. 13(1), pages 38-52.
    8. Yu-Shan Chen & Shyh-Bao Lai & Chao-Tung Wen, 2006. "The Influence of Green Innovation Performance on Corporate Advantage in Taiwan," Journal of Business Ethics, Springer, vol. 67(4), pages 331-339, September.
    9. Sussie C. Morrish & Morgan P. Miles & Michael Jay Polonsky, 2011. "An exploratory study of sustainability as a stimulus for corporate entrepreneurship," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 18(3), pages 162-171, May.
    10. Nicholas A. Ashford & Ralph P. Hall, 2011. "The Importance of Regulation-Induced Innovation for Sustainable Development," Sustainability, MDPI, vol. 3(1), pages 1-23, January.
    11. Russell Tatenda Munodawafa & Satirenjit Kaur Johl, 2019. "A Systematic Review of Eco-Innovation and Performance from the Resource-Based and Stakeholder Perspectives," Sustainability, MDPI, vol. 11(21), pages 1-23, November.
    12. Vanessa Oltra & Maïder Saint Jean, 2009. "Sectoral systems of environmental innovation: an application to the French automotive industry," Post-Print hal-00274413, HAL.
    13. Totti Könnölä & Gregory C. Unruh, 2007. "Really changing the course: the limitations of environmental management systems for innovation," Business Strategy and the Environment, Wiley Blackwell, vol. 16(8), pages 525-537, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Tariq, Adeel & Badir, Yuosre F. & Tariq, Waqas & Bhutta, Umair Saeed, 2017. "Drivers and consequences of green product and process innovation: A systematic review, conceptual framework, and future outlook," Technology in Society, Elsevier, vol. 51(C), pages 8-23.
    2. Hua-Hung (Robin) Weng & Ja-Shen Chen & Pei-Ching Chen, 2015. "Effects of Green Innovation on Environmental and Corporate Performance: A Stakeholder Perspective," Sustainability, MDPI, vol. 7(5), pages 1-30, April.
    3. Dooyoung Choi & Tae-Im Han, 2019. "Green Practices among Fashion Manufacturers: Relationship with Cultural Innovativeness and Perceived Benefits," Social Sciences, MDPI, vol. 8(5), pages 1-16, May.
    4. Pinget, Amandine, 2016. "Spécificités des déterminants des innovations environnementales : une approche appliquée aux PME [Specificities of determinants for environmental innovation : an approach applied to SMEs]," MPRA Paper 80108, University Library of Munich, Germany.
    5. Huang, Xiaoqi & Liu, Wei & Zhang, Zhan & Zhao, Zhihui, 2022. "Intensive judicial oversight and corporate green innovations: Evidence from a quasi-natural experiment in China," China Economic Review, Elsevier, vol. 74(C).
    6. Yousaf, Umair Bin & Ullah, Irfan & Jiang, Junchen & Wang, Man, 2022. "The role of board capital in driving green innovation: Evidence from China," Journal of Behavioral and Experimental Finance, Elsevier, vol. 35(C).
    7. Ki‐Hoon Lee & Ji‐Whan Kim, 2011. "Integrating Suppliers into Green Product Innovation Development: an Empirical Case Study in the Semiconductor Industry," Business Strategy and the Environment, Wiley Blackwell, vol. 20(8), pages 527-538, December.
    8. Abu Elnasr E. Sobaih & Ahmed Hasanein & Ibrahim Elshaer, 2020. "Influences of Green Human Resources Management on Environmental Performance in Small Lodging Enterprises: The Role of Green Innovation," Sustainability, MDPI, vol. 12(24), pages 1-19, December.
    9. Rubio-Andrés, Mercedes & Ramos-González, Mª del Mar & Sastre-Castillo, Miguel Ángel & Gutiérrez-Broncano, Santiago, 2023. "Stakeholder pressure and innovation capacity of SMEs in the COVID-19 pandemic: Mediating and multigroup analysis," Technological Forecasting and Social Change, Elsevier, vol. 190(C).
    10. Lihong Chen & Kexin Qie & Hafeezullah Memon & Hanur Meku Yesuf, 2021. "The Empirical Analysis of Green Innovation for Fashion Brands, Perceived Value and Green Purchase Intention—Mediating and Moderating Effects," Sustainability, MDPI, vol. 13(8), pages 1-17, April.
    11. Jianfeng Meng & Majid Murad & Cai Li & Ayesha Bakhtawar & Sheikh Farhan Ashraf, 2022. "Green Lifestyle: A Tie between Green Human Resource Management Practices and Green Organizational Citizenship Behavior," Sustainability, MDPI, vol. 15(1), pages 1-19, December.
    12. Xinyue Hao & Fanglin Chen & Zhongfei Chen, 2022. "Does green innovation increase enterprise value?," Business Strategy and the Environment, Wiley Blackwell, vol. 31(3), pages 1232-1247, March.
    13. Xinwei Li & Wenjuan Zeng & Mao Xu, 2022. "The Moderating Role of IT Capability on Green Innovation and Ambidexterity: Towards a Corporate Sustainable Development," Sustainability, MDPI, vol. 14(24), pages 1-20, December.
    14. Agnieszka Rzepka & Magdalena Maciaszczyk & Anna Maria Wisniewska & Maria Kocot, 2021. "E-Consumers and their Agile Qualities as Creators of Eco-Innovations: A Case Study," European Research Studies Journal, European Research Studies Journal, vol. 0(2B), pages 23-38.
    15. Margarida Rodrigues & Mário Franco, 2023. "Green Innovation in Small and Medium-Sized Enterprises (SMEs): A Qualitative Approach," Sustainability, MDPI, vol. 15(5), pages 1-12, March.
    16. Paulius Šūmakaris & Renata Korsakienė & Deniss Ščeulovs, 2021. "Determinants of Energy Efficient Innovation: A Systematic Literature Review," Energies, MDPI, vol. 14(22), pages 1-20, November.
    17. Mercedes Úbeda‐García & Bartolome Marco‐Lajara & Patrocinio C. Zaragoza‐Sáez & Encarnación Manresa‐Marhuenda & Esther Poveda‐Pareja, 2022. "Green ambidexterity and environmental performance: The role of green human resources," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(1), pages 32-45, January.
    18. Chen Liu & Dongmin Kong, 2021. "Business strategy and sustainable development: Evidence from China," Business Strategy and the Environment, Wiley Blackwell, vol. 30(1), pages 657-670, January.
    19. Lingming Chen & Congjia Huo, 2021. "Impact of Green Innovation Efficiency on Carbon Emission Reduction in the Guangdong-Hong Kong-Macao GBA," Sustainability, MDPI, vol. 13(23), pages 1-22, December.
    20. Qi Guoyou & Zeng Saixing & Tam Chiming & Yin Haitao & Zou Hailiang, 2013. "Stakeholders' Influences on Corporate Green Innovation Strategy: A Case Study of Manufacturing Firms in China," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 20(1), pages 1-14, January.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:15:y:2023:i:13:p:10292-:d:1182681. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.