Sustainability innovations and firm competitiveness: A review

Hermundsdottir, Fanny; Aspelund, Arild

doi:10.1016/j.jclepro.2020.124715

Cited by 275 publications

(190 citation statements)

References 129 publications

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“…In the last decade environmental innovations have gained a particular importance in the development and expansion of the sphere of influence of global value chains in age of sustainable development. They have become the most important factor in ensuring competitiveness and the formation of competitive advantages [7]. At the same time, environmental competitiveness is becoming a major factor of innovation activities and cooperation in industries integrated into global value chains, subject to a green development strategy.…”

Section: Theoretical Review 21 Theoretical and Methodological Approaches To The Study Of Strategic Innovation As A Factor Of Adaptation Omentioning

confidence: 99%

Strategic Innovation as a Factor of Adaptation of National Economies to the Development of Global Value Chains

et al. 2021

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In age of sustainable development, strategic innovations have become the most important factor in the adaptation of national economies to dynamic global changes, encompassing trade and economic relations between the leading and developing countries of the World. At the same time, the task of this study was to reveal the complex and contradictory role of strategic innovations in the development of national economies against the background of the transformation of global value chains (GVCs). Main methods for solving the problem were empirical methods of comparative and structural analysis, as well as econometrics. The study analyzed 44 countries classified by the World Bank in the group of countries with per capita incomes below and above the average, as well as with high income. Results of the calculations made it possible to establish a highly differentiated relationship between the share of products manufactured by foreign companies operating in the host countries, on the one hand, and indicators of the dynamics of foreign direct investment (the number of researchers engaged in R&D, the number of technical specialists involved in research and development (R&D), the cost of research and development in the territory of the host countries), on the other hand. This made it possible to determine the role of strategic innovation in the adaptation of national economies. The established dependencies expand the understanding of the role of strategic innovations in the formation and further development of global value chains and their significance in evolution: from process and product innovations of individual companies to the formation of global innovation ecosystems.

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Section: Theoretical Review 21 Theoretical and Methodological Approaches To The Study Of Strategic Innovation As A Factor Of Adaptation Omentioning

confidence: 99%

Strategic Innovation as a Factor of Adaptation of National Economies to the Development of Global Value Chains

et al. 2021

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“…Hence, innovation through products, processes and business models oriented towards sustainability has placed organizations in a prominent position before stakeholders, contributing to greater competitiveness. Hermundsdottir and Aspelund (2021) showed that sustainable innovations contribute to the change in sustainability and generate competitive advantages for organizations. Seebode et al (2012) stated that sustainable innovation encourages companies to learn new approaches and leave behind old practices as it involves working with different components of knowledge such as new technologies, new markets and new environmental conditions and regulations.…”

Section: Sustainable Innovation In Organizationsmentioning

confidence: 99%

Sustainable innovation practices and the degree of innovation of business models in Brazilian industrial companies

Kneipp

Gomes

Kruglianskas

et al. 2021

WJSTSD

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PurposeThis study has aimed to analyze the relationship between the adoption of sustainable innovation practices and the degree of innovation of business models in Brazilian industrial companies.Design/methodology/approachThe study has been characterized as quantitative and comprised the conduction of a survey with Brazilian industrial companies.FindingsResults have shown that companies with a high degree of innovation in their business models invest more strongly in strategic dimensions of sustainable innovation, which in general involve stakeholders and cross the organization's internal boundaries, requiring proactive attitudes from the company, probably because this type of investment gives them greater competitiveness in their market and also requires a radical modification of their business model.Practical implicationsThis study seeks to present contributions to entrepreneurs and policy makers, in the face of the innovative and sustainable challenges imposed by society and the guidelines for sustainable development in order to reflect on positive impacts on local and global development.Social implicationsComprehending the behavior of industrial companies in Brazil in relation to sustainable innovation and its impact on society contributes to understanding the benefits of adopting a strategic management of sustainable innovation, minimizing negative socio-environmental impacts.Originality/valueBy analyzing the themes of sustainable innovation and business model, the present study may contribute to adopting business behavior that strategically and systemically integrates the objectives of sustainable innovation.

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“…Therefore, sustainability concerns are growing interest, not only for academia and business, but also around the globe [1,19]. Extant studies on sustainability are assorted in terms of topics, and they not only focus on environmental problems, for example, the definition of sustainability [20], sustainability transition [21], responsible production for sustainability [22], sustainability assessment [23,24], sustainability in e-commerce packaging [25], and sustainability innovations and firm competitiveness [26]. Even though the history of sustainability has been concerned alongside human history, the increase in the consideration of this concept appeared in the late 20th century [27].…”

Section: Sustainability: Sustainable Development Goalsmentioning

confidence: 99%

Road to Sustainability: University–Start-Up Collaboration

2021

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Considerations on sustainability have growing attention not only for scholars and businesses, but also for almost everyone. However, accomplishing sustainable progress is complicated and cannot be completely reached by single individuals or organizations. Consequently, entrepreneurs striving for sustainable change might search for collaborations with universities to overcome their resource and technology constraints. A quantitative research method was employed to explore the value of such collaborations. Data were gathered via questionnaires, between February and March 2020, from entrepreneurs/start-ups that are spin-offs of the ten leading higher education institutions in Berlin and Brandenburg (Germany). Correlation and logistic regression disclosed that start-ups with different sustainability goals employed dissimilar formats of collaboration with universities. Ecological-oriented entrepreneurs tend to utilize all three forms of university–start-up collaboration. On the contrary, social-driven start-ups are not likely to adopt any kind of collaboration with universities. While ventures with economical SDGs are prone to employ product and prototype development along with support from professors. The study extends the knowledge about the search for collaborations of start-ups when pursuing different SDGs. In the practical domain, this research can encourage entrepreneurs to cooperate with universities in order to achieve their sustainable goals beyond incubation and acceleration. Additionally, it can also trigger universities to supply resources for supporting start-ups, especially social-driven ventures, to facilitate them to accomplish sustainability as well as to reach the third mission of universities in terms of supporting society.

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Sustainability innovations and firm competitiveness: A review

Cited by 275 publications

References 129 publications

Strategic Innovation as a Factor of Adaptation of National Economies to the Development of Global Value Chains

Strategic Innovation as a Factor of Adaptation of National Economies to the Development of Global Value Chains

Sustainable innovation practices and the degree of innovation of business models in Brazilian industrial companies

Road to Sustainability: University–Start-Up Collaboration

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