Sources of knowledge and innovation for sustainable development: A multifaceted perspective

Modern corporate success is primarily reliant on a perfect balance of institutional effectiveness, innovation, and sustainability. Therefore, the primary goal of this research is to evaluate the impact of institutional frameworks on corporate innovation in developing countries. To achieve the said objective, we use firm and country data from multiple sources, and the final dataset consists of 24,166 observations from 41 developing countries during 2014–2018. For the analysis, we employ ordered probit and instrumental variable ordered probit regression models. According to the results, the success of corporate innovation in developing countries hinges on the strength of legal, financial, administrative, political, and religious institutions. Moreover, such associations stand out more clearly in nations with strong and stable institutional frameworks. The regression results show that innovative enterprises are more prevalent in strong institutional environments compared to those in poor institutional environments. These results also indicate that a strong rule of law, protection of property rights, easy access to financing, developed financial markets, an ethical environment, control of corruption, a stable political system, a democratic government, religious diversity, and freedom all contribute to corporate innovation. Moreover, institutional efficiency and corporate viability fuel the engine of corporate innovation, encouraging enterprises to create game‐changing products and services. These results contribute to the field of innovation management by considering institutional settings for sustainable development. The results have practical applications for building robust institutions and a creative culture.

Section: Literature Review and Hypothesis Developmentmentioning

confidence: 99%

Institutional dynamics and corporate innovation: A pathway to sustainable development

Akbar,

Usman,

Lin

2023

The role of environmental knowledge, policies and regulations toward water resource management: A mediated‐moderation of attitudes, perception, and sustainable consumption patterns

Kherazi,

Sun,

Sohu

et al. 2024

Water is the lifeblood of our Earth, and sustainable water consumption is the key to preserving this scarce resource for future generations and upholding environmental sustainability. In this study, we investigate the relationship between environmental knowledge (EK), environmental policies and regulations (EPR), attitudes toward water resource management programs (APWRMP), perceived water quality (PWQ), and sustainable consumption (SC), enriching the existing literature by integrating the theoretical framework of the theory of planned behavior (TPB) alongside water management program (WMP) concepts. This integration forms a comprehensive model clarifying the influences on SC. Furthermore, this study investigates these relationships within the specific context of select regions in China, addressing a geographical gap in the current literature. With a sample size of (N = 336) participants, we employ partial least squares structural equation modeling (PLS‐SEM) to explore the complex relationships within the proposed model. The finding confirms the hypothesized associations, validating the substantial positive impact of EK and EPR on APWRMP and SC. Additionally, we observe that PWQ notably strengthens the link between the perception and attitude of villagers toward SC of water. Our study explains the multifaceted dynamics underlying individuals' behavior and attitude in making decisions concerning sustainable water consumption.

Managing knowledge and sustainability in resource constrained disaster environments

Sumbal,

Tariq,

Ahmad

et al. 2024

Organizations use both tangible and intangible resources for their existence to achieve sustainable development goals. Organizational knowledge mainly comprises of tacit knowledge held by employees. It becomes more critical when the situations are unpredictable, for example in rescue/disaster projects involving human lives at risk. Tacit knowledge utilization has been understudied particularly in such environments bounded by resource constraint and sustainability issues. This qualitative research attempts to fill this gap by collecting data from the knowledge workers in a large public sector non‐profit rescue organization. The study reveals various individual level, group level, organizational level, community level, and situational level factors, which impact the tacit knowledge utilization of rescue workers to properly execute emergency life threatening rescue operations and sustainability issues.