Corporate Social Responsibility and Eco-Innovation: From an International Perspective
A special issue of Administrative Sciences (ISSN 2076-3387).
Deadline for manuscript submissions: closed (28 February 2021) | Viewed by 52515
Special Issue Editors
Interests: sustainability; SDG; circular economy; strategic investors; corporate governance; diversity; disclosure; assurance
Special Issues, Collections and Topics in MDPI journals
Interests: corporate social responsibility; strategic management; corporate governance; management; accounting; management accounting; stakeholder management; managerial accounting; account management; controlling
Special Issues, Collections and Topics in MDPI journals
Interests: corporate disclosure; integrated reporting; intellectual capital; digitalization; crowdfunding
Special Issues, Collections and Topics in MDPI journals
Special Issue Information
Dear Colleagues,
Corporate social responsibility (CSR), innovation, and technologies are an unquestionable commitment of business to competitiveness, which allows them to correct high competition in all sectors and the fall in demand due in part to the economic crisis caused by the pandemic by COVID-19.
Although they were originally conceived as independent business differentiation strategies, companies currently develop sustainable technological innovations (STI)—i.e., eco-innovation and ecodesign—in a dynamic process of interaction of skills, routines, and resources (Teece, 2007), which translates into advantages associated with the development of inimitable, non-substitute and high value-added products (Wicki and Hansen, 2017; Tang et al., 2018) and increases in the efficiency of production processes, all of which has a positive impact on the business result, while leading to a diversification of risk (García-Sánchez et al., 2020a and 2020b).
Specifically, all these strategies can bring a number of benefits such as optimization in resource consumption, emission reduction, definition of environmental improvement strategies, increased accessibility to sustainability-sensitive markets, labor satisfaction, cost reduction, and improved relationships with institutions in order to obtain potential subsidies, increase attractiveness to investors and enhance the company’s image (Cai and Zhou, 2014). However, previous studies have not been conclusive in this regard (Cheng et al., 2014; Ghisetti and Rennings, 2014), as these strategies also have an economically dark side that can result in implementation and management costs being higher than revenue in the short term.
In this sense, it is necessary to deepen the reasons and factors that favor the adoption of these business strategies, as well as the impacts of their implementation with the aim of strengthening current academic knowledge and providing a solid foundation that guides managers of organizations on how to achieve greater sustainable and financial performance simultaneously.
We welcome all methods and approaches and consider how STI change may come about and have larger effects on business and society at large. In addition, previous literature has focused mainly on environmental technological innovations, relegating to a second place the role that technological innovation can play in improving the management of safety and health at work and in other social dimensions of business activity. Thus, we encourage the scientific community to submit their work related to the following issues, with no intention of being exclusive:
- What we do and do not know about STI, CSR, innovation and technology;
- Drivers of the implementations of STI and strategic CSR resulting consequences for them;
- How the current implementation of STI and strategic CSR takes place;
- How firms can finance these new forms of sustainable business models;
- Technologies for Industry 4.0 related to sustainable development;
- What is impactful, including consumer responses, with relation to STI, CSR, innovation, and technology;
- Firms´ disclosure practices relating to STI, CSR, innovation, and technology.
Cai, W., y Zhou, X. (2014). On the drivers of eco-innovation: empirical evidence from China. Journal of Cleaner Production, 79, 239-248.
Cheng, C., Yang, CH-L., y Sheu, CH. (2014). The link between eco-innovation and business performance: a Taiwanese industry context. Journal of Cleaner Production, 64, 81-90.
García-Sánchez, I.M., Gallego-Álvarez, I. & Zafra-Gómez, J.L. (2020a). Do the ecoinnovation and ecodesign strategies generate value added in munificent environments?. Business Strategy and the Environment, https://doi.org/10.1002/bse.2414.
García-Sánchez, I.M., Aibar-Guzmán, C. & Aibar-Guzmán, B. (2020b). The effect of institutional ownership and ownership dispersion on ecoinnovation. Techological Forecasting & Social Change, 158: 120173.
Ghisetti, C., Rennings, K. (2014). Environmental innovations and profitability: how does it pay to be green? an empirical analysis on German innovation survey. Journal of Cleaner Production, 75, 106-117.
Tang, M., Walsh, G., Lerner, D., Fitza, M.A., Li, Q. (2018). Green innovation, managerial concern and firm performance: an empirical study. Business Strategy and the Environment, 27 (1), 39-51.
Teece, D.J. (2007). Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance. Strategic Management Journal, 28 (13), 1319-1350.
Wicki, S., Hansen, E.G. (2017). Clean energy storage technology in the making: an innovation systems perspective on flywheel energy storage. Journal of Cleaner Production. 162, 1118-1134.
Prof. Dr. Isabel-María Garcia‐Sanchez
Prof. Filippo Vitolla
Mr. Nicola Raimo
Guest Editors
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Keywords
- CSR
- Innovation
- Technology
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