Creating value, not wasting resources: sustainable innovation strategies

Slowak, André P.; Regenfelder, Max

doi:10.1080/13511610.2016.1192990

Cited by 15 publications

(9 citation statements)

References 34 publications

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“…This situation enables an intentional knowledge flow that will capture and benefit from external sources of knowledge to improve current development. The acquired knowledge to learn from the successes and failures of organizational projects is vital to increase the firm's competitiveness as a management mechanism of innovative strategies (Slowak & Regenfelder, 2017). H1: Open innovation positively influences organizational strategy.…”

Section: Organizational Strategymentioning

confidence: 99%

The role of corporate risk management in the relationship between open innovation and organizational strategy

et al. 2022

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Objective of the study: This study aims to analyze the relationship between open innovation and organizational strategy. Additionally, the mediating effect of corporate risk management on it was assessed.Methodology/approach: A quantitative study was conducted in Portugal based on a survey with 251 executive directors of SME hotels. Structural equations modeling was used in this study.Originality/relevance: While other studies have analyzed the relationship between open innovation and organizational strategy, this study deepens the knowledge of the mediating effect of corporate risk management on it.Main results: The results show that (1) open innovation improves corporate risk management and organizational strategy, (2) corporate risk influences organizational strategy, and (3) corporate risk management has a mediating effect on the relationship between open innovation and organizational strategy.Theoretical/methodological contributions: This study provides a theoretical framework for understanding the relationships between three constructs (open innovation, corporate risk management and organizational strategy) in SMEs in the hospitality sector, not yet explored by academics.Social/management contributions: This study will guide managers of SMEs in the hospitality sector in defining strategies to develop the relevant resources and contribute to the definition of effective government policies, programs and incentives to support the adherence or expansion of the open innovation model for companies in this sector.

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Section: Organizational Strategymentioning

confidence: 99%

The role of corporate risk management in the relationship between open innovation and organizational strategy

et al. 2022

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“…The current circular package [45] introduces a new phase: covering the whole life cycle of a substance/product, from its production processes, the use of products, the management of waste, its disposal as required, to the recovery of materials. This stage is described as the concept of a life cycle "closure cycle" [46][47][48]. The advantage of the "closing the loop" stage is that resources, materials, and products circulate in the product life cycle from production to end-of-life, thus enabling them to retain their material value, energy, and economic value in the economy for as long as possible [49].…”

Section: Materials Circularity Under the Concepts Of Closed And Open ...mentioning

confidence: 99%

Core Elements Affecting the Circularity of Materials

2022

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The authors have revised the circularity of materials, which is essential to stimulate circular activity processes. The theoretical part starts with the revision of material circularity under linear and circular models, and answers to the question of how to use modern technologies to ensure the sustainable use of natural resources. Later on, the authors describe the material circularity in the concept of close-loop and open-loop production. Further on, the authors examine the recycling of different waste categories as an essential element necessary for the circularity, give the results of reviewing various sectors and present key elements affecting material circularity. The authors revised the set of variables and formed a correlation matrix and used a dynamic regression model to identify the circular material use rate. The authors suggested a three-level methodology that provided a dynamic regression model that could be applied for forecasting the size of circular material use rate in European Union countries. The empirical research results show that the key elements affecting the circularity of materials are private investments dedicated for recycling, the recycling of electronic waste and other municipal waste.

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“…An innovator has to switch between these life cycles at the right time. This "not just one point-in-time value creation" is an economical way to make more efficient use of resources (Slowak, and Regenfelder, 2016). Resources utilise improvements bring down the natural effect of an association's exercises by taking out the utilisation of an asset as information.…”

Section: Sustainable Processmentioning

confidence: 99%

“…Resources utilise improvements bring down the natural effect of an association's exercises by taking out the utilisation of an asset as information. (Slowak, andRegenfelder, 2016, Dangelico, Pujari, &Pontrandolfo, 2017). Sustainable product innovations in this class can be extensively recognised as developments concentrated on disposal of (1) a naturally destructive fixing from an item, (2) a filler ingredient from an item, and (3) the need to utilise a correlative item.…”

Section: Sustainable Processmentioning

confidence: 99%

Achieving Long Term Sustainability through Green Process Innovation: A Study on Small Packaging Companies in the UK

Khalid¹

2021

IBR

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Packaging is increasingly considered as dominating environmental issue in the last two decades and has forced many global businesses to reconsider the true function of their packaging. Manufacturing flexibility and efficiency are considered highly competitive for industrial success. However, several packaging organizations are trying to see the packaging problem from the aspect of sustainability and in the 21st century, the word “green” and sustainability have become essential adjectives for the packaging industry. To maintain environmental impact and sustainability together, packaging has required clear directions to address challenges, while addressing environmental issues that result from packaging waste. Packaging operations for small firms is a costly and timely endeavour and there is no crystal-clear guideline for small firms to get the most from their existing processes. Green process innovation is seen as an efficient solution that can help society and businesses to deal with environmental problems but green process innovation popularity among researchers is not prominent. With having very little information on green process innovation this research considers various elements to bridge the sustainable framework. Based on the analysis this research identifies the key implementations and develops a framework of sustainable green process innovation. This research also discusses the limitations and provide greater insight on the implementation of green process innovation in the small packaging business.

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Creating value, not wasting resources: sustainable innovation strategies

Cited by 15 publications

References 34 publications

The role of corporate risk management in the relationship between open innovation and organizational strategy

The role of corporate risk management in the relationship between open innovation and organizational strategy

Core Elements Affecting the Circularity of Materials

Achieving Long Term Sustainability through Green Process Innovation: A Study on Small Packaging Companies in the UK

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