Corporate social responsibility and innovation: Evidence from emerging economies

Abstract

Although innovation and corporate social responsibility (CSR) is becoming two major interrelated research topics, the interplay between them remains poorly understood. Thus, we examined the role of CSR on the different processes of innovation in an empirical study. Using a sample of Chinese firms, this study shows that CSR can strengthen the positive linkage between R&D investment and innovation outcome (measured by counts of patents) in research and development (R&D) process. However, our finding shows that the interaction between CSR and counts of patents has a negative impact on firm market value in the commercialization process, probably because of the excessive use of firm limited resources, which leads to the decline of firm performance.

Curvilinear Relationship between Corporate Innovation and Environmental Sustainability

“…As a result, "positive perceptions of the firm by outside stakeholders may lead to increased sales or reduced stakeholder management costs" [37] (p. 307). A firm's patenting activities indicate its desire to provide knowledge creation to the society, as well as its specific industrial community [38,39]. As such, a firm's concern about environmental performance, such as pollution, demonstrates a larger wish to decrease damage and increase the benefit to external society.…”

O papel da sustentabilidade organizacional na relação entre o grau de internacionalização e o desempenho de empresas multinacionais

“…Por fim, estudos deixam claro que a inovação tem sido importante para internacionalizar (ALTOMONTE et al, 2013;ROELFSEMA, 2015a;ROELFSEMA, 2015b;KIRCA et al, 2011), para aumentar o desempenho (BIGLIARDI, 2013;CHANG;HSIEH, 2011;CHIAO;YANG, 2011) e para criar ações sustentáveis (ENDRIKAT;GUENTHER;HOPPE, 2014;XU, 2014;MENEZES et al, 2013).…”