Corporate Social Responsibility (CSR) and Innovation–The Drivers of Business Growth?

Rexhepi, Gadaf; Kurtishi, Selma; Bexheti, Gjilnaipe

doi:10.1016/j.sbspro.2013.04.058

Cited by 162 publications

(141 citation statements)

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“…Rexhepi (2013) reinforces the need for stronger interaction between CSR and innovation, while Canestrino et al (2015) reinforce the need for better recognition of cultural drivers of innovation to develop CSI.…”

Section: Upcoming Challenges Of Csimentioning

confidence: 95%

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The Social in Corporations: The Possibility of Being Responsible or Innovative

Silva

2017

RISUS

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Some companies realized that they can develop their business successfully when the resources are applied to solve chronic questions of social aspects, which takes us to the Corporate Social Innovation concept. Considering the definition of CSR as a voluntary integration of business operations with social and environmental concerns in a unilateral way (since initiatives are made when and how the firm establishes clear definition about it) CSI goes further, developing initiatives to minimize social or environmental issues with the participation of the involved public, in a bilateral way. Analyzing the most quoted articles about CSR and CSI studies, it has become possible to consider that CSI is an evolution of CSR, since both search to bring up some social benefits; however, CSI offers more sustainable and long-term results. CSI is a new, unexplored field, which brings effective results for private organizations, as well as for society and the environment. Keywords: Social responsibility; Corporate social responsibility; Social innovation; Corporate social innovation.Resumo: Algumas empresas perceberam que podem desenvolver seus negócios com sucesso quando os recursos são aplicados para resolver questões crônicas de aspectos sociais, o que nos leva ao conceito de Inovação Social Corporativa. Considerando a definição de RSC como uma integração voluntária de operações de negócios com preocupações sociais e ambientais de forma unilateral (uma vez que as iniciativas são feitas quando e como a empresa estabelece uma definição clara sobre isso) a ISC vai além, desenvolvendo iniciativas para minimizar problemas sociais ou ambientais com a participação do público envolvido, de forma bilateral. Analisando os artigos mais citados sobre RSC e ISC, foi possível considerar que a ISC é uma evolução da RSC, uma vez que ambas procuram desenvolver benefícios sociais. No entanto, a ISC oferece resultados mais sustentáveis e de longo prazo. A ISC é um campo novo e inexplorado, que traz resultados efetivos para organizações privadas, bem como para a sociedade e o meio ambiente.

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Section: Upcoming Challenges Of Csimentioning

confidence: 95%

“…CSI is affected by culture. Rexhepi et al (2013) propose a new view to CSI, focused on low-income market -Base of the Pyramid (BoP).…”

Section: Corporate Social Innovationmentioning

confidence: 99%

The Social in Corporations: The Possibility of Being Responsible or Innovative

Silva

2017

RISUS

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“…First, researchers studying eco-innovation, defined as "the production of process, service or management which results in a reduction of environmental risk, pollution and other negative impacts of resources used" [28], find reciprocal relationships between innovative and responsible activities of firms [29][30][31]. For example, by developing operational and energy efficiency, companies would achieve a desirable environmental performance as well as superior economic returns [8,9,32,33], such as eco-efficiency [30].…”

Section: Eco-innovation Approachmentioning

confidence: 99%

“…For example, by developing operational and energy efficiency, companies would achieve a desirable environmental performance as well as superior economic returns [8,9,32,33], such as eco-efficiency [30]. With the modus operandi of integrating innovation and environmental sustainability, which also reduces trade-off costs between them, corporations can perform well in both economic and environmental counts.…”

Section: Eco-innovation Approachmentioning

confidence: 99%

Curvilinear Relationship between Corporate Innovation and Environmental Sustainability

Lee

Kim

2017

Sustainability

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This paper proposes and tests the impacts of firms' innovation activities, such as patents, on their involvement in environmental sustainability, such as environmental performance. Combining resource allocation and eco-innovation perspectives assuming constant levels of trade-off costs, this study proposes diminishing trade-off costs between corporate innovation and environmental sustainability. Specifically, this research hypothesizes a U-shaped relationship, suggesting that a firm will suffer trade-off costs between innovation and environment-oriented activities up to a certain level, and that once a firm accumulates an adequate level of innovation, it may reduce trade-off costs, caring more for environmental issues. A proposed hypothesis is supported by empirical testing of a sample of 11,657 firm-year observations with 1564 firms, spanning from 1991 to 2010. We also found that corporate patenting activities are relevant to undesirable impacts on environmental performance overall, instead of satisfying outcomes. We suggest that firms and managers should care for environmental sustainability issues once they accumulate an adequate level of innovation assets through patenting activities.

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“…Linking the financial performances of different companies with CSR has been already introduced in the literature in the 1980s and less explicitly even earlier (Carroll 1999). Nevertheless the relation between CSR and innovation has gained academic attention only over the last decade (Rexhepi, Kurtishi and Bexheti, 2013). Innovation was made a key to understanding the linkage between CSR and a company's social and financial performance (Visser, 2010).…”

Section: One Of the Main Measurement Approaches Of Innovativeness Of mentioning

confidence: 99%

The Efficiency of Eco-Innovation. Systematic Literature Studies

Szutowski

Szulczewska-Remi

Ratajczak

2017

EES

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Purpose: Eco-innovation appears to be at the very heart of the European Union policy. It is of crucial importance for both single companies and the whole economic systems. At the same time eco-innovation is driven by the countless factors. Thus the purpose of the present research was to indicate the determinants of the efficiency of eco-innovation. Design/methodology/approach: The research relied on the systematic literature studies performed with the use of SALSA (Search, AppraisaL, Synthesis, Analysis) method. It focused on the papers published between January 2000 and June 2016. A total of 469 publications were examined selected form Scopus database. The precise appraisal procedure allowed indicating the ones including the determinants of the efficiency of eco-innovation. Findings: The studies of literature allowed indicating a total of 24 determinants. Moreover the results indicate that the determinants of the efficiency of eco-innovation may be divided based on two criteria. The first includes costsrelated and revenues-related determinants. The second includes strategic and operational levels. Research limitations/implications Together eleven publications were omitted in the research due to their incompletion or inaccessibility. Practical implications: Stimulating eco-innovation seems vital for all companies. Delivering a comprehensive set of the determinants of its efficiency will support executives in managing eco-innovation. Originality/value: The paper attempts to fulfil the research gap concerning the determinants of the efficiency of ecoinnovation.

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Corporate Social Responsibility (CSR) and Innovation–The Drivers of Business Growth?

Cited by 162 publications

References 4 publications

The Social in Corporations: The Possibility of Being Responsible or Innovative

The Social in Corporations: The Possibility of Being Responsible or Innovative

Curvilinear Relationship between Corporate Innovation and Environmental Sustainability

The Efficiency of Eco-Innovation. Systematic Literature Studies

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