IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v17y2025i17p8003-d1743145.html
   My bibliography  Save this article

Green Businesses in the Colombian Amazon: Dynamic Capabilities, Elements of Sustainable Development, and Characteristics of Innovative Performance

Author

Listed:
  • Carol Jennifer Cardozo Jiménez

    (Doctorado en Administración, Facultad de Ciencias de la Administración, Universidad del Valle, Cali 760046, Colombia
    Programa de Administración de Empresas, Facultad de Ciencias Económicas y Administrativas, Universidad de la Amazonia, Florencia 180001, Colombia)

  • Sandra Cristina Riascos Erazo

    (Doctorado en Administración, Facultad de Ciencias de la Administración, Universidad del Valle, Cali 760046, Colombia)

  • Héctor Eduardo Hernández-Núñez

    (Programa de Doctorado en Ciencias Naturales y Desarrollo Sustentable, Facultad de Ciencias Agropecuarias, Universidad de la Amazonia, Florencia 180001, Colombia
    Grupo de Investigaciones Agroecosistemas y Conservación en Bosques Amazónicos-GAIA, Centro de Investigaciones Amazónicas CIMAZ Macagual Cesar Augusto Estrada González, Universidad de la Amazonia, Florencia 180001, Colombia)

  • Fernando Casanoves

    (Programa de Doctorado en Ciencias Naturales y Desarrollo Sustentable, Facultad de Ciencias Agropecuarias, Universidad de la Amazonia, Florencia 180001, Colombia
    CATIE—Centro Agronómico Tropical de Investigación y Enseñanza, Turrialba 30501, Costa Rica)

Abstract

In the Colombian Amazon, green businesses have emerged as key strategies for sustainable development, yet they face critical challenges such as low organizational capacity, limited innovation, weak institutional coordination, and regional inequalities. This study analyzed the interaction between dynamic capabilities, sustainability, and innovation in 120 green businesses across the departments of Putumayo, Caquetá, and Amazonas, using 111 variables grouped into three dimensions, sustainable development, dynamic capabilities, and innovative performance. The analysis identified three business types: (1) Businesses with Potential, characterized by high levels of innovation, learning, and absorptive capacity; (2) Developing Businesses, with strengths in social, economic, and human capital but limited environmental sustainability; and (3) Limited Businesses, which lag in all three dimensions. Putumayo had the highest proportion of potential businesses, supported by strong institutional coordination through CORPOAMAZONIA; Caquetá stood out in financial inclusion and human capital, while Amazonas faced more structural limitations. The novelty of this research lies in integrating three conceptual frameworks into a territorialized analysis, enabling a deeper understanding of how these dimensions interact across diverse Amazonian contexts. Its main contribution is a functional typology of green businesses, which offers a basis for tailored policy recommendations aimed at enhancing capacities and fostering more resilient and sustainable enterprises.

Suggested Citation

  • Carol Jennifer Cardozo Jiménez & Sandra Cristina Riascos Erazo & Héctor Eduardo Hernández-Núñez & Fernando Casanoves, 2025. "Green Businesses in the Colombian Amazon: Dynamic Capabilities, Elements of Sustainable Development, and Characteristics of Innovative Performance," Sustainability, MDPI, vol. 17(17), pages 1-18, September.
    • Handle: RePEc:gam:jsusta:v:17:y:2025:i:17:p:8003-:d:1743145
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/17/17/8003/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/17/17/8003/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Jacqueline de Almeida Barbosa Franco & Ary Franco Junior & Rosane Aparecida Gomes Battistelle & Barbara Stolte Bezerra, 2024. "Dynamic Capabilities: Unveiling Key Resources for Environmental Sustainability and Economic Sustainability, and Corporate Social Responsibility towards Sustainable Development Goals," Resources, MDPI, vol. 13(2), pages 1-25, February.
    2. Bitencourt, Claudia Cristina & de Oliveira Santini, Fernando & Ladeira, Wagner Junior & Santos, Ana Clarissa & Teixeira, Eduardo Kunzel, 2020. "The extended dynamic capabilities model: A meta-analysis," European Management Journal, Elsevier, vol. 38(1), pages 108-120.
    3. Cláudia Fabiana Gohr & Bruna Cavalcanti Barros Rodrigues, 2025. "Dynamic Capabilities as Enablers for Sustainability‐Oriented Innovation: A Case Study in a Footwear Industry," Business Strategy and the Environment, Wiley Blackwell, vol. 34(3), pages 3114-3140, March.
    4. Xiue Zhang & Qiao Meng & Yuan Le, 2022. "How Do New Ventures Implementing Green Innovation Strategy Achieve Performance Growth?," Sustainability, MDPI, vol. 14(4), pages 1-16, February.
    5. Schriber, Svante & Löwstedt, Jan, 2020. "Reconsidering ordinary and dynamic capabilities in strategic change," European Management Journal, Elsevier, vol. 38(3), pages 377-387.
    6. Nadeem Bari & Ranga Chimhundu & Ka-Ching Chan, 2022. "Dynamic Capabilities to Achieve Corporate Sustainability: A Roadmap to Sustained Competitive Advantage," Sustainability, MDPI, vol. 14(3), pages 1-27, January.
    7. Sidney G. Winter, 2003. "Understanding dynamic capabilities," Strategic Management Journal, Wiley Blackwell, vol. 24(10), pages 991-995, October.
    8. Danni Yu & Shen Tao & Abdul Hanan & Tze San Ong & Badar Latif & Mohsin Ali, 2022. "Fostering Green Innovation Adoption through Green Dynamic Capability: The Moderating Role of Environmental Dynamism and Big Data Analytic Capability," IJERPH, MDPI, vol. 19(16), pages 1-20, August.
    9. Martha Elena Delgado Rojas & Sebasti�n Bernal & Ximena Cadena (Directora Proyecto) & Luis Fernando Mej�a (Director Proyecto), 2022. "Caracterización socioeconómica de Caquetá, Guaviare y Putumayo: un enfoque de mercado laboral," Informes de Investigación 20714, Fedesarrollo.
    10. Xuhua Hu & Bertha Ada Danso & Isaac Adjei Mensah & Michael Addai, 2020. "Does Innovation Type Influence Firm Performance? A Dilemma of Star-Rated Hotels in Ghana," Sustainability, MDPI, vol. 12(23), pages 1-27, November.
    11. Teece, David J, 2018. "Dynamic capabilities as (workable) management systems theory," Journal of Management & Organization, Cambridge University Press, vol. 24(3), pages 359-368, May.
    12. Yuan, Baolong & Cao, Xueyun, 2022. "Do corporate social responsibility practices contribute to green innovation? The mediating role of green dynamic capability," Technology in Society, Elsevier, vol. 68(C).
    13. Gabriel Medina & Cassio Pereira & Joice Ferreira & Erika Berenguer & Jos Barlow, 2022. "Searching for Novel Sustainability Initiatives in Amazonia," Sustainability, MDPI, vol. 14(16), pages 1-13, August.
    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. Shaker A. Zahra & Olga Petricevic & Yadong Luo, 2022. "Toward an action-based view of dynamic capabilities for international business," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 53(4), pages 583-600, June.
    2. Borui Yan & Bo Yao & Qian Li & Qianli Dong, 2022. "Study on the Impact of Supply Chain Dynamic Capabilities on Long-Term Performance of Enterprises," Sustainability, MDPI, vol. 14(19), pages 1-18, September.
    3. Forliano, Canio & Ferraris, Alberto & Bivona, Enzo & Couturier, Jerome, 2022. "Pouring new wine into old bottles: A dynamic perspective of the interplay among environmental dynamism, capabilities development, and performance," Journal of Business Research, Elsevier, vol. 142(C), pages 448-463.
    4. Hongyi Mao & Jiang Lu, 2023. "Big Data Management Capabilities and Green Innovation: A Dynamic Capabilities View," Sustainability, MDPI, vol. 15(19), pages 1-27, October.
    5. Vera Ndrecaj & Mohamed Ashmel Mohamed Hashim & Rachel Mason-Jones & Valentina Ndou & Issam Tlemsani, 2023. "Exploring Lean Six Sigma as Dynamic Capability to Enable Sustainable Performance Optimisation in Times of Uncertainty," Sustainability, MDPI, vol. 15(23), pages 1-23, December.
    6. Remedios Hernández-Linares & María Concepción López-Fernández & Gema García-Piqueres & Miguel Pina e Cunha & Arménio Rego, 2024. "How knowledge-based dynamic capabilities relate to firm performance: the mediating role of entrepreneurial orientation," Review of Managerial Science, Springer, vol. 18(10), pages 2781-2813, October.
    7. Miikka Blomster & Timo Koivumäki, 2022. "Exploring the resources, competencies, and capabilities needed for successful machine learning projects in digital marketing," Information Systems and e-Business Management, Springer, vol. 20(1), pages 123-169, March.
    8. Kazeminia, Ali, 2021. "Unfolding the airbus’ strategic growth: A successful case," Scandinavian Journal of Management, Elsevier, vol. 37(1).
    9. Ali Kemal Çeli̇k & Tayfun Yildiz & Zafer Aykanat & Siamak Kazemzadeh, 2025. "Green Innovation Adoption in Turkish and Iranian SMEs: The Effect of Dynamic Capabilities and the Mediating Role of Absorptive Capacity," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 16(1), pages 1824-1859, March.
    10. Theoharakis, Vasilis & Zheng, Yuyan & Zhang, Long, 2024. "Dynamic strategic marketing planning: The paradox of concurrently reconfiguring and implementing strategic marketing planning," Journal of Business Research, Elsevier, vol. 174(C).
    11. Frédéric Perdreau & Anne-Laure Le Nadant & Nabil Khelil, 2023. "Franchise capabilities and system performance: A configurational perspective," Post-Print halshs-04169018, HAL.
    12. Lara Bartocci Liboni & Luciana Oranges Cezarino & Omar Sacilotto Donaires & Maurizio Zollo, 2023. "Systems approach in dynamic capabilities," Systems Research and Behavioral Science, Wiley Blackwell, vol. 40(6), pages 863-875, November.
    13. Hui Liu & Yingjie Qu, 2025. "Big Data and Innovation Performance: The Role of Entrepreneurial Orientation and Dynamic Capabilities in Sport Entrepreneurship," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 16(2), pages 7450-7470, June.
    14. Jing Zeng & Yunlu Yang & Soo Hee Lee, 2023. "Resource Orchestration and Scaling‐up of Platform‐Based Entrepreneurial Firms: The Logic of Dialectic Tuning," Journal of Management Studies, Wiley Blackwell, vol. 60(3), pages 605-638, May.
    15. Hui‐Ru Chi & Hsuan‐Pei Ho & Pei‐Kuan Lin, 2022. "Survival strategies of the sharing economy from the pandemic to a new normal: A dynamic capabilities approach," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(7), pages 3219-3234, October.
    16. Andreas Engelen & Oliver Schilke & Verena Rieger & Michael Engels, 2025. "A Temporally Contingent View of Dynamic Managerial Capabilities," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 46(5), pages 3123-3141, July.
    17. Nayak, Bishwajit & Bhattacharyya, Som Sekhar & Krishnamoorthy, Bala, 2022. "Exploring the black box of competitive advantage – An integrated bibliometric and chronological literature review approach," Journal of Business Research, Elsevier, vol. 139(C), pages 964-982.
    18. Lysander Weiss & Dominik Kanbach, 2022. "Toward an integrated framework of corporate venturing for organizational ambidexterity as a dynamic capability," Management Review Quarterly, Springer, vol. 72(4), pages 1129-1170, December.
    19. Vera Ndrecaj & Issam Tlemsani & Mohamed Ashmel Mohamed Hashim, 2025. "Unveiling Dynamic Capabilities in Public Procurement: Myths, Realities, and Strategic Transformation," Administrative Sciences, MDPI, vol. 15(4), pages 1-21, April.
    20. Ilgaz Arikan & Ipek Koparan & Asli M Arikan & Oded Shenkar, 2022. "Dynamic capabilities and internationalization of authentic firms: Role of heritage assets, administrative heritage, and signature processes," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 53(4), pages 601-635, June.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    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:17:y:2025:i:17:p:8003-:d:1743145. 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.