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Testing the Social Innovation Construct: An Empirical Approach to Align Socially Oriented Objectives, Stakeholder Engagement, and Environmental Sustainability

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  • Marival Segarra‐Oña
  • Angel Peiró‐Signes
  • José Albors‐Garrigós
  • Blanca De Miguel‐Molina

Abstract

Innovation is not just an economic and or technological tool; it is also a social phenomenon. This paper draws together the concepts of creating shared value, the stakeholder theory, and socially oriented innovation to research companies' decisions on asserting socially related objectives when innovating. We examine the extent to which this decision process is bounded by constraints related to information and the characteristics of innovation. To perform this study we used a dataset that monitors the innovation activities of companies. This study offers an empirical analysis of the influence on firms' social innovation orientation. The empirical analysis supports the theoretical framework and identifies the firm's community links as key factors in developing new innovations, process and product‐oriented, which have an impact on the social‐innovation orientation of the firm. Additionally, it shows how the setting up of social goals when innovating is affected by the information source and the innovation mode being developed. Copyright © 2016 John Wiley & Sons, Ltd and ERP Environment

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  • Marival Segarra‐Oña & Angel Peiró‐Signes & José Albors‐Garrigós & Blanca De Miguel‐Molina, 2017. "Testing the Social Innovation Construct: An Empirical Approach to Align Socially Oriented Objectives, Stakeholder Engagement, and Environmental Sustainability," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 24(1), pages 15-27, January.
    • Handle: RePEc:wly:corsem:v:24:y:2017:i:1:p:15-27
    DOI: 10.1002/csr.1388
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    Cited by:

    1. Peiró-Signes, Ángel & Segarra-Oña, Marival & Trull-Domínguez, Óscar & Sánchez-Planelles, Joaquín, 2022. "Exposing the ideal combination of endogenous–exogenous drivers for companies’ ecoinnovative orientation: Results from machine-learning methods," Socio-Economic Planning Sciences, Elsevier, vol. 79(C).
    2. Segarra-Oña, Marival & Peiró-Signes, Ángel & Verma, Rohit, 2020. "Fostering innovation through stakeholders’ engagement at the healthcare industry: Tapping the right key," Health Policy, Elsevier, vol. 124(8), pages 895-901.
    3. Noelia, Franco-Leal & Rosalia, Diaz-Carrion, 2020. "A dynamic analysis of the role of entrepreneurial ecosystems in reducing innovation obstacles for startups," Journal of Business Venturing Insights, Elsevier, vol. 14(C).
    4. Ching‐Hsun Chang, 2018. "How to Enhance Green Service and Green Product Innovation Performance? The Roles of Inward and Outward Capabilities," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 25(4), pages 411-425, July.
    5. Diaz-Sarachaga, Jose Manuel & Ariza-Montes, Antonio, 2022. "The role of social entrepreneurship in the attainment of the sustainable development goals," Journal of Business Research, Elsevier, vol. 152(C), pages 242-250.
    6. Daniel Alonso‐Martínez & Nuria González‐Álvarez & Mariano Nieto, 2019. "The influence of financial performance on corporate social innovation," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 26(4), pages 859-871, July.
    7. Noelia Franco-Leal & Rosalia Diaz-Carrion, 2022. "How financing and information drive international corporate entrepreneurs’ innovations," Journal of International Entrepreneurship, Springer, vol. 20(2), pages 316-343, June.
    8. Rosalia Diaz-Carrion & Noelia Franco-Leal, 2022. "Social and strategic innovation: extending the varieties of capitalism to asian countries," International Entrepreneurship and Management Journal, Springer, vol. 18(4), pages 1453-1474, December.
    9. Belén Payán‐Sánchez & José Antonio Plaza‐Úbeda & Miguel Pérez‐Valls & Eva Carmona‐Moreno, 2018. "Social Embeddedness for Sustainability in the Aviation Sector," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 25(4), pages 537-553, July.
    10. Joaquin Sanchez‐Planelles & Marival Segarra‐Oña & Angel Peiro‐Signes, 2022. "Identifying different sustainable practices to help companies to contribute to the sustainable development: Holistic sustainability, sustainable business and operations models," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(4), pages 904-917, July.

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