The Moderating Role of Innovation in the Relationship Between Business Sustainability and Organizational Performance in Companies of an Emerging Economy
Bibliographic Data
| ID | 4182390 |
|---|---|
| Authors | César A Bernal-Torres (0000-0002-7410-1109, Universidad de La Sabana), L E Torres-Guevara (0000-0002-1263-513X, Universidad de La Sabana, corresponding author), Juan C Aldana-Bernal, Juan C Aldana‐bernal (0000-0002-6207-4465, Universidad Nacional de Colombia), Yoni Wildor Nicolás-Rojas, Tamara Tatiana Pando-Ezcurra, Tamara Pando-Ezcurra (0000-0003-0301-3440) |
| Year | 2023 |
| Volume | 13 |
| Issue | 4 |
| Publication date | 2023-10-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | SAGE Open (JOURNAL) |
| Journal identifiers | ISSN: 2158-2440 • E-ISSN: 2158-2440 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/21582440231217870 |
| OpenAlex | W4390202685 |
| Language | EN |
| Citations received | 3 |
| References cited | 75 |
Throughout the world, the implementation of innovative strategies to improves organizational performance is widely accepted. Therefore, it is becoming more and more common for companies, especially in developed countries, to implement such practices as opposed to emerging economies where their implementation is very uncommon. To understand this phenomenon, the objective of this paper is to analyze the role of innovation in the relationship between business sustainability and organizational performance in the context of an emerging economy. To achieve this goal, the study conducted a 73 items online questionnaire survey aimed at Colombian company managers, which was designed on a Likert scale from 1 to 7 and was open from March to October 2021. A total of 293 managers from an equal number of medium and large companies from different economic sectors in Colombia were surveyed using non-probability sampling techniques. The information was then analyzed using a Structural Equation Model. The results show that innovation plays a very limited positive role in the relationship between business sustainability and the companies organizational performance. Likewise, the results also indicate that companies give little or no importance to the circular economy practices as an innovation strategy that contributes to environmental care and better organizational performance
Business · Economies of scale · Emerging markets · Industrial organization · Knowledge management · Likert scale · Organizational performance · Structural equation modeling · Sustainability · Business, Innovation, and Economy · Environmental Sustainability in Business · Psychology · Sustainable Supply Chain Management · Marketing
Understanding the Process of Economic Change
The drivers of eco-innovation and its impact on performance
Sustainability innovations and firm competitiveness
Pursuing green growth in technology firms through the connections between environmental innovation and sustainable business performance
From planetary to societal boundaries
Innovations for sustainable development
Explicating Open Innovation
Sustainable business model innovation
The Circular Economy – A new sustainability paradigm?
The Use of Cronbach’s Alpha When Developing and Reporting Research Instruments in Science Education
CB-SEM vs PLS-SEM methods for research in social sciences and technology forecasting
Clarifying the Meaning of Sustainable Business
Green Innovation and Business Sustainability
Sustainable development
The Circular Economy
The role of sustainability-oriented hybrid organisations in the development of transformative capacities
Eco-innovation, sustainable business performance and market turbulence moderation in emerging economies
Human Behavior and Environmental Sustainability
The Circular Economy
The Relevance of Circular Economy Practices to the Sustainable Development Goals
| Unique citing works | 3 |
|---|---|
| Citations per year | 1,5 |
| Citation span | 2024 - 2025 (2) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 3 |