Assunta Di Vaio, Meghna Chhabra, Anum Zaffar, Daniel Balsalobre‐Lorente
This study investigates the body of literature on decarbonization management practices that use renewable resources and green technologies to meet zero‐carbon energy targets for achieving Sustainable Development Goal (SDG) 13 to ‘Take urgent action to combat climate change and its impacts’. Starting with the ongoing discussion surrounding the development of an information architecture to support effective decision‐making in decarbonization processes, this study explores the role of accounting models in measuring and reporting decarbonization effects and accountability models that ensure that firms track progress, take responsibility for their environmental and social impacts and address challenges. These models guide resource allocation and adoption of green technologies to meet sustainability targets. A systematic literature review (SLR) was performed to clarify how scholars have addressed issues regarding zero‐carbon energy for mitigating climate change through accounting and accountability models. SLR was performed on 319 English articles published in the Scopus database and Google Scholar between 1990 and 2024. The results highlight that firms face extensive pressure from stakeholders and regulatory bodies regarding the legitimacy and transparency of decarbonization practices to meet zero‐carbon energy requirements. The content analysis results revealed that sustainability reporting is useful for firms in rethinking decarbonization initiatives and linking them to the achievement of zero‐carbon energy goals. Accounting and accountability models that embrace green technologies and renewable resources have increased institutional and stakeholder acceptance. This study is the first to examine how accounting and accountability systems can play a key role in firms through integrated thinking, which moves from integrated zero‐carbon reporting to zero‐carbon energy and the adoption of green technologies in decarbonization processes. This approach allowed us to discover accounting and accountability models through sustainable thinking for integrated accountability reporting during the twin transition process.
{"title":"Accounting and Accountability in the Transition to Zero‐Carbon Energy for Climate Change: A Systematic Literature Review","authors":"Assunta Di Vaio, Meghna Chhabra, Anum Zaffar, Daniel Balsalobre‐Lorente","doi":"10.1002/bse.4282","DOIUrl":"https://doi.org/10.1002/bse.4282","url":null,"abstract":"This study investigates the body of literature on decarbonization management practices that use renewable resources and green technologies to meet zero‐carbon energy targets for achieving Sustainable Development Goal (SDG) 13 to ‘Take urgent action to combat climate change and its impacts’. Starting with the ongoing discussion surrounding the development of an information architecture to support effective decision‐making in decarbonization processes, this study explores the role of accounting models in measuring and reporting decarbonization effects and accountability models that ensure that firms track progress, take responsibility for their environmental and social impacts and address challenges. These models guide resource allocation and adoption of green technologies to meet sustainability targets. A systematic literature review (SLR) was performed to clarify how scholars have addressed issues regarding zero‐carbon energy for mitigating climate change through accounting and accountability models. SLR was performed on 319 English articles published in the Scopus database and Google Scholar between 1990 and 2024. The results highlight that firms face extensive pressure from stakeholders and regulatory bodies regarding the legitimacy and transparency of decarbonization practices to meet zero‐carbon energy requirements. The content analysis results revealed that sustainability reporting is useful for firms in rethinking decarbonization initiatives and linking them to the achievement of zero‐carbon energy goals. Accounting and accountability models that embrace green technologies and renewable resources have increased institutional and stakeholder acceptance. This study is the first to examine how accounting and accountability systems can play a key role in firms through integrated thinking, which moves from integrated zero‐carbon reporting to zero‐carbon energy and the adoption of green technologies in decarbonization processes. This approach allowed us to discover accounting and accountability models through sustainable thinking for integrated accountability reporting during the twin transition process.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"183 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-04-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143784711","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Prioritizing greenness in new product development (NPD) has been an integral part of manufacturers' strategic choices to achieve sustainable goals. This research aims to unravel the mechanisms through which firms with external search activities can foster green NPD. The data was obtained from 254 manufacturers located in Vietnam. The results revealed the crucial role of external search in promoting green NPD through voluntary green process innovation (GPI) practices. Furthermore, we did not find the role of absorptive capacity in accentuating the link between external search and voluntary GPI, whereas green subsidies negatively moderated this relationship. Thus, the findings provide valuable insights for policymakers and managers interested in promoting and supporting green NPD, as well as raise concerns about the effective utilization of absorptive capacity and green subsidies. This inquiry contributes to the existing green innovation literature by establishing a connection between external search and green NPD, while identifying the mediation and moderation mechanisms that underlie this relationship.
{"title":"Open for Green New Product Development: A Voluntary Approach to Green Process Innovation","authors":"Hoàng Thu Thảo, Lưu Trọng Tuấn","doi":"10.1002/bse.4281","DOIUrl":"https://doi.org/10.1002/bse.4281","url":null,"abstract":"Prioritizing greenness in new product development (NPD) has been an integral part of manufacturers' strategic choices to achieve sustainable goals. This research aims to unravel the mechanisms through which firms with external search activities can foster green NPD. The data was obtained from 254 manufacturers located in Vietnam. The results revealed the crucial role of external search in promoting green NPD through voluntary green process innovation (GPI) practices. Furthermore, we did not find the role of absorptive capacity in accentuating the link between external search and voluntary GPI, whereas green subsidies negatively moderated this relationship. Thus, the findings provide valuable insights for policymakers and managers interested in promoting and supporting green NPD, as well as raise concerns about the effective utilization of absorptive capacity and green subsidies. This inquiry contributes to the existing green innovation literature by establishing a connection between external search and green NPD, while identifying the mediation and moderation mechanisms that underlie this relationship.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"33 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143775361","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Andrew Osei Agyemang, Abednego Osei, Maxwell Kongkuah
As businesses increasingly integrate sustainability into corporate strategy, the role of environmental, social, and governance (ESG) disclosure in driving circular economy (CE) adoption has garnered significant attention. However, the mechanisms through which ESG disclosure facilitates CE transitions remain underexplored, particularly in emerging economies such as sub‐Saharan Africa (SSA). This study examines the synergistic roles of corporate sustainability committees as mediators and eco‐innovation as a moderator in strengthening the ESG–CE relationship. Using a panel dataset of 320 manufacturing firms in SSA (2010–2022) and employing advanced econometric techniques, we address potential endogeneity and model biases. The findings reveal that environmental and social disclosures positively influence CE adoption, whereas governance disclosure exerts a negative effect due to weak regulatory frameworks and compliance inconsistencies. Corporate sustainability committees enhance the ESG–CE relationship by ensuring that ESG commitments translate into strategic sustainability actions, while eco‐innovation amplifies the impact of ESG disclosure, accelerating CE implementation. Notably, we observe significant heterogeneity in the effects of ESG disclosure on CE across regional and industrial variations. The findings remain robust across multiple sensitivity tests, confirming their reliability. Our results underscore the need for policymakers to strengthen ESG disclosure mandates and enforce corporate reporting frameworks to accelerate CE adoption. Furthermore, we recommend that corporations prioritize investments in eco‐innovation and integrate sustainability committees into their governance structures to reinforce strategic ESG–CE alignment. These insights offer valuable implications for business leaders, policymakers, and sustainability advocates in fostering a resilient and CE in SSA.
{"title":"Exploring the ESG‐Circular Economy Nexus in Emerging Markets: A Systems Perspective on Governance, Innovation, and Sustainable Business Models","authors":"Andrew Osei Agyemang, Abednego Osei, Maxwell Kongkuah","doi":"10.1002/bse.4278","DOIUrl":"https://doi.org/10.1002/bse.4278","url":null,"abstract":"As businesses increasingly integrate sustainability into corporate strategy, the role of environmental, social, and governance (ESG) disclosure in driving circular economy (<jats:sc>CE</jats:sc>) adoption has garnered significant attention. However, the mechanisms through which ESG disclosure facilitates <jats:sc>CE</jats:sc> transitions remain underexplored, particularly in emerging economies such as sub‐Saharan Africa (SSA). This study examines the synergistic roles of corporate sustainability committees as mediators and eco‐innovation as a moderator in strengthening the ESG–<jats:sc>CE</jats:sc> relationship. Using a panel dataset of 320 manufacturing firms in SSA (2010–2022) and employing advanced econometric techniques, we address potential endogeneity and model biases. The findings reveal that environmental and social disclosures positively influence <jats:sc>CE</jats:sc> adoption, whereas governance disclosure exerts a negative effect due to weak regulatory frameworks and compliance inconsistencies. Corporate sustainability committees enhance the ESG–<jats:sc>CE</jats:sc> relationship by ensuring that ESG commitments translate into strategic sustainability actions, while eco‐innovation amplifies the impact of ESG disclosure, accelerating <jats:sc>CE</jats:sc> implementation. Notably, we observe significant heterogeneity in the effects of ESG disclosure on <jats:sc>CE</jats:sc> across regional and industrial variations. The findings remain robust across multiple sensitivity tests, confirming their reliability. Our results underscore the need for policymakers to strengthen ESG disclosure mandates and enforce corporate reporting frameworks to accelerate <jats:sc>CE</jats:sc> adoption. Furthermore, we recommend that corporations prioritize investments in eco‐innovation and integrate sustainability committees into their governance structures to reinforce strategic ESG–<jats:sc>CE</jats:sc> alignment. These insights offer valuable implications for business leaders, policymakers, and sustainability advocates in fostering a resilient and CE in SSA.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"8 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143782472","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Naznin Sultana Chaity, K. M. Zahidul Islam, Abdullah Al Masud, Mohammad Fakhrul Islam, Md. Kazi Hafizur Rahman, Shahria Bin Kabir
This study explores the role of sustainability practices in facilitating the adoption of a circular business model within the readymade garment (RMG) sector in Bangladesh. Specifically, the study wants to investigate how green supply chain practices (GSCPs), green investment (GI), and green human capital (GHC) contribute to ensuring sustainability practices in RMG (SRMG) and transitioning businesses towards a circular economy (CE). A survey of 589 Bangladeshi RMG managers using a 7‐point Likert scale informed this quantitative study. PLS‐SEM revealed significant predictor–outcome correlations, while necessity condition analysis (NCA) identified essential conditions for desired outcomes. This study found that GSCM, GHC, and SRMG practices significantly and positively influence CE adoption. Additionally, it revealed that sustainable practices (SPs) mediate the relationship between GSCM, GSC, GI, and CE adoption. This study enriches existing knowledge by exploring key relationships in the proposed model, highlighting significant direct and indirect effects.
{"title":"Sustainable Pathways to Circular Economy Adoption: Insights From the RMG Sector of Bangladesh","authors":"Naznin Sultana Chaity, K. M. Zahidul Islam, Abdullah Al Masud, Mohammad Fakhrul Islam, Md. Kazi Hafizur Rahman, Shahria Bin Kabir","doi":"10.1002/bse.4277","DOIUrl":"https://doi.org/10.1002/bse.4277","url":null,"abstract":"This study explores the role of sustainability practices in facilitating the adoption of a circular business model within the readymade garment (RMG) sector in Bangladesh. Specifically, the study wants to investigate how green supply chain practices (GSCPs), green investment (GI), and green human capital (GHC) contribute to ensuring sustainability practices in RMG (SRMG) and transitioning businesses towards a circular economy (<jats:sc>CE</jats:sc>). A survey of 589 Bangladeshi RMG managers using a 7‐point Likert scale informed this quantitative study. PLS‐SEM revealed significant predictor–outcome correlations, while necessity condition analysis (NCA) identified essential conditions for desired outcomes. This study found that GSCM, GHC, and SRMG practices significantly and positively influence <jats:sc>CE</jats:sc> adoption. Additionally, it revealed that sustainable practices (SPs) mediate the relationship between GSCM, GSC, GI, and <jats:sc>CE</jats:sc> adoption. This study enriches existing knowledge by exploring key relationships in the proposed model, highlighting significant direct and indirect effects.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"3 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143775358","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study documents a significant disagreement between the biodiversity footprints of three major providers. This disagreement mainly stems from fundamental disagreement on the underlying methods and data (measurement), while providers agree to a large part on which firm operations contribute to a loss in biodiversity and how they are aggregated (scope and weight). The disagreement is especially high for large firms with a high biodiversity footprint and firms from the industries of Energy, Consumer Staples, and Basic Materials. A transparent and detailed ESG disclosure can decrease the disagreement. The results highlight the importance of being careful when integrating biodiversity footprint into financial decision‐making, regulations, and academic research. The results also underline the need for further standardized and transparent biodiversity disclosure on firm level.
{"title":"From Diversity to Confusion? The Challenge of Biodiversity Footprint Quantification","authors":"Raphaela Roeder, Sebastian Utz","doi":"10.1002/bse.4215","DOIUrl":"https://doi.org/10.1002/bse.4215","url":null,"abstract":"This study documents a significant disagreement between the biodiversity footprints of three major providers. This disagreement mainly stems from fundamental disagreement on the underlying methods and data (measurement), while providers agree to a large part on which firm operations contribute to a loss in biodiversity and how they are aggregated (scope and weight). The disagreement is especially high for large firms with a high biodiversity footprint and firms from the industries of Energy, Consumer Staples, and Basic Materials. A transparent and detailed ESG disclosure can decrease the disagreement. The results highlight the importance of being careful when integrating biodiversity footprint into financial decision‐making, regulations, and academic research. The results also underline the need for further standardized and transparent biodiversity disclosure on firm level.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"83 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143782473","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Carmen Gallucci, Rosalia Santulli, Riccardo Tipaldi
This study investigates how various ESG disclosure configurations affect credit access for European firms listed on the STOXX Europe 600 Index during 2021–2022. Employing fuzzy‐set qualitative comparative analysis and ESG disclosures standardised under the Global Reporting Initiative (GRI), the findings demonstrate that disclosure patterns associated with enhanced credit access vary between short‐ and long‐term financing. Notably, climate change‐related disclosure consistently improves credit access across financing types. The study emphasises the significance of aligning ESG disclosure with financing objectives and provides practical insights for firms, lenders and policymakers. Firms can strategically concentrate on disclosures that best support their financing requirements, whereas lenders gain from standardised frameworks like GRI for more dependable credit evaluations. Policymakers, in turn, can leverage the role of ESG disclosure in credit markets to promote sustainability transitions.
{"title":"ESG Disclosure and Access to Credit: A Configurational Analysis of European Listed Firms","authors":"Carmen Gallucci, Rosalia Santulli, Riccardo Tipaldi","doi":"10.1002/bse.4274","DOIUrl":"https://doi.org/10.1002/bse.4274","url":null,"abstract":"This study investigates how various ESG disclosure configurations affect credit access for European firms listed on the STOXX Europe 600 Index during 2021–2022. Employing fuzzy‐set qualitative comparative analysis and ESG disclosures standardised under the Global Reporting Initiative (GRI), the findings demonstrate that disclosure patterns associated with enhanced credit access vary between short‐ and long‐term financing. Notably, climate change‐related disclosure consistently improves credit access across financing types. The study emphasises the significance of aligning ESG disclosure with financing objectives and provides practical insights for firms, lenders and policymakers. Firms can strategically concentrate on disclosures that best support their financing requirements, whereas lenders gain from standardised frameworks like GRI for more dependable credit evaluations. Policymakers, in turn, can leverage the role of ESG disclosure in credit markets to promote sustainability transitions.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"58 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-04-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143757770","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Tomas Balezentis, Dalia Streimikiene, Zhiyang Shen
The manufacturing sector is important for the rest of the economy. However, this sector is also an energy‐intensive one and subject to policies of climate change mitigation. The European Union (EU) has embarked on sustainability and competitiveness policies that require increasing the environmental performance of the economy. This paper focuses on the environmental performance of the manufacturing sector of the EU. A nonparametric tool for assessing the effectiveness of climate change mitigation measures in the manufacturing sector is developed. This paper employs a relatively novel by‐production model with constraints ensuring a proper linkage between economic and environmental subtechnologies. This paper applies the shadow carbon price approach to assessing the costs of energy‐related GHG emission reduction in the manufacturing sector of EU countries. This allows one to compare and define the most efficient climate change mitigation policies in the manufacturing sector of EU countries. The results suggest that the variation in the carbon shadow price across EU countries remains substantial. The highest shadow prices are noted for Slovakia, Hungary, Latvia, and Estonia, indicating that further abatement of the carbon dioxide emission there would invoke relatively high costs.
{"title":"Measures for Energy Efficiency and Shadow Pricing in the Manufacturing Sector of EU Countries","authors":"Tomas Balezentis, Dalia Streimikiene, Zhiyang Shen","doi":"10.1002/bse.4271","DOIUrl":"https://doi.org/10.1002/bse.4271","url":null,"abstract":"The manufacturing sector is important for the rest of the economy. However, this sector is also an energy‐intensive one and subject to policies of climate change mitigation. The European Union (EU) has embarked on sustainability and competitiveness policies that require increasing the environmental performance of the economy. This paper focuses on the environmental performance of the manufacturing sector of the EU. A nonparametric tool for assessing the effectiveness of climate change mitigation measures in the manufacturing sector is developed. This paper employs a relatively novel by‐production model with constraints ensuring a proper linkage between economic and environmental subtechnologies. This paper applies the shadow carbon price approach to assessing the costs of energy‐related GHG emission reduction in the manufacturing sector of EU countries. This allows one to compare and define the most efficient climate change mitigation policies in the manufacturing sector of EU countries. The results suggest that the variation in the carbon shadow price across EU countries remains substantial. The highest shadow prices are noted for Slovakia, Hungary, Latvia, and Estonia, indicating that further abatement of the carbon dioxide emission there would invoke relatively high costs.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"50 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-04-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143757776","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The escalating concerns surrounding global climate change and environmental degradation, alongside a growing emphasis on societal well‐being, have encouraged consumers to adopt environmentally conscious shopping practices. This study aims to investigate the mechanisms through which pro‐environmental attitudes influence sustainable consumption behaviors by examining the interplay among green attitudes, impulse buying tendency (IBT), and consumer citizenship behavior (CCB). Specifically, the study explores the mediating role of IBT in connecting green attitudes to green buying impulsively and the moderating effects of climate change concerns, social media usage, and hedonic motives. The findings reveal that green attitudes significantly influence IBT and green buying impulsively, with IBT acting as a mediator. Furthermore, climate change concerns, social media usage, and hedonic motives significantly moderate the proposed relationships, transforming sustainable consumption patterns (e.g., green buying impulsively and intention to continue) and CCB. This study contributes to the literature by identifying the psychological and social drivers of green consumption behaviors and their interactions with environmental concerns. It offers actionable insights for policymakers and businesses to develop targeted strategies that encourage pro‐environmental behaviors, fostering a more sustainable and environmentally conscious consumer landscape.
{"title":"From Attitude to Action: A Moderated Mediation Model for the Engagement of Green Attitude, Green Impulse Buying, and Consumer Citizenship Behavior","authors":"Khizar Hayat, Qingyu Zhang, Maria Jose Sousa","doi":"10.1002/bse.4268","DOIUrl":"https://doi.org/10.1002/bse.4268","url":null,"abstract":"The escalating concerns surrounding global climate change and environmental degradation, alongside a growing emphasis on societal well‐being, have encouraged consumers to adopt environmentally conscious shopping practices. This study aims to investigate the mechanisms through which pro‐environmental attitudes influence sustainable consumption behaviors by examining the interplay among green attitudes, impulse buying tendency (IBT), and consumer citizenship behavior (CCB). Specifically, the study explores the mediating role of IBT in connecting green attitudes to green buying impulsively and the moderating effects of climate change concerns, social media usage, and hedonic motives. The findings reveal that green attitudes significantly influence IBT and green buying impulsively, with IBT acting as a mediator. Furthermore, climate change concerns, social media usage, and hedonic motives significantly moderate the proposed relationships, transforming sustainable consumption patterns (e.g., green buying impulsively and intention to continue) and CCB. This study contributes to the literature by identifying the psychological and social drivers of green consumption behaviors and their interactions with environmental concerns. It offers actionable insights for policymakers and businesses to develop targeted strategies that encourage pro‐environmental behaviors, fostering a more sustainable and environmentally conscious consumer landscape.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"16 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143745067","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper presents an exploration of how regional environmental protection investments (EPIs) and cluster ecosystems affect the innovation performance of research and development (R&D) firms versus non‐R&D firms across regions in Germany. We develop a conceptual framework to elucidate the relationship between regional EPIs, cluster ecosystems, R&D decisions, and innovation performance of firms. We test this framework by employing ordinary least squares (OLS) and fixed effect regressions to analyze a unique sample of panel data from ORBIS and DESTATIS for the period 2009–2017. We find that in regions in which there are higher EPIs, R&D firms outperform their non‐R&D counterparts in terms of intangible assets formation. We also find that the relationship between cluster ecosystem and firm innovation performance is contingent on firm R&D engagement and specific types of regional EPIs. Additional insights reveal that there are spillover effects on firm innovation performance for non‐R&D firms belonging to business clusters and at the same time, in proximity to geographical areas that are populated by higher numbers of other cluster constituents. The results of this study contribute to our nascent understanding of innovation ecosystems and hold important implications for policymakers in terms of how to formulate effective environmental policies to promote firm innovation.
本文探讨了地区环保投资（EPIs）和集群生态系统如何影响德国各地区研发（R&D）企业与非研发（R&D）企业的创新绩效。我们建立了一个概念框架，以阐明地区环保投资、集群生态系统、研发决策和企业创新绩效之间的关系。我们采用普通最小二乘法（OLS）和固定效应回归法对 2009-2017 年期间 ORBIS 和 DESTATIS 的独特面板数据样本进行了分析，从而检验了这一框架。我们发现，在EPI较高的地区，研发企业在无形资产形成方面优于非研发企业。我们还发现，集群生态系统与企业创新绩效之间的关系取决于企业研发参与度和特定类型的地区 EPI。此外，我们还发现，对于属于企业集群的非研究与开发型企业来说，同时靠近其他集群成员较多的地理区域，也会对企业创新绩效产生溢出效应。本研究的结果有助于我们对创新生态系统的初步了解，并对政策制定者如何制定有效的环境政策以促进企业创新具有重要意义。
{"title":"Regional Environmental Protection Investments, Cluster Ecosystems, and Firm Innovation: Evidence From Germany","authors":"Yama Temouri, Ha‐Phuong Luong, Vijay Pereira, Hussain Rammal","doi":"10.1002/bse.4270","DOIUrl":"https://doi.org/10.1002/bse.4270","url":null,"abstract":"This paper presents an exploration of how regional environmental protection investments (EPIs) and cluster ecosystems affect the innovation performance of research and development (R&D) firms versus non‐R&D firms across regions in Germany. We develop a conceptual framework to elucidate the relationship between regional EPIs, cluster ecosystems, R&D decisions, and innovation performance of firms. We test this framework by employing ordinary least squares (OLS) and fixed effect regressions to analyze a unique sample of panel data from ORBIS and DESTATIS for the period 2009–2017. We find that in regions in which there are higher EPIs, R&D firms outperform their non‐R&D counterparts in terms of intangible assets formation. We also find that the relationship between cluster ecosystem and firm innovation performance is contingent on firm R&D engagement and specific types of regional EPIs. Additional insights reveal that there are spillover effects on firm innovation performance for non‐R&D firms belonging to business clusters and at the same time, in proximity to geographical areas that are populated by higher numbers of other cluster constituents. The results of this study contribute to our nascent understanding of innovation ecosystems and hold important implications for policymakers in terms of how to formulate effective environmental policies to promote firm innovation.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"18 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143736609","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study examines the integration of artificial intelligence (AI) with circular economy (CE) principles in Thailand's tourism industry. It explores the interactions between AI‐Enhanced Predictive Waste Analytics (AI‐PWA), Regenerative Resource Integration (RRI), Dynamic Material Flow Optimization (DMFO), and AI‐Induced Resistance to Change (AIRC). Using a mixed‐methods approach, qualitative insights from industry stakeholders are combined with quantitative analysis via Partial Least Squares Structural Equation Modeling (PLS‐SEM). Findings reveal that AI‐PWA improves real‐time resource management, driving DMFO and supporting regenerative practices through RRI. However, AIRC moderates AI's effectiveness in sustainability transitions, with concerns such as job displacement, mistrust, and complexity hindering adoption. This study provides actionable strategies to mitigate resistance, enhance stakeholder collaboration, and scale AI adoption in resource‐constrained settings, contributing to SDG 12 and SDG 13. The findings offer practical insights for aligning AI innovations with sustainable development in high‐variability industries.
{"title":"AI‐Powered Sustainable Tourism: Unlocking Circular Economies and Overcoming Resistance to Change","authors":"Hwang Bang‐Ning, Siriprapha Jitanugoon, Pittinun Puntha","doi":"10.1002/bse.4276","DOIUrl":"https://doi.org/10.1002/bse.4276","url":null,"abstract":"This study examines the integration of artificial intelligence (AI) with circular economy (CE) principles in Thailand's tourism industry. It explores the interactions between AI‐Enhanced Predictive Waste Analytics (AI‐PWA), Regenerative Resource Integration (RRI), Dynamic Material Flow Optimization (DMFO), and AI‐Induced Resistance to Change (AIRC). Using a mixed‐methods approach, qualitative insights from industry stakeholders are combined with quantitative analysis via Partial Least Squares Structural Equation Modeling (PLS‐SEM). Findings reveal that AI‐PWA improves real‐time resource management, driving DMFO and supporting regenerative practices through RRI. However, AIRC moderates AI's effectiveness in sustainability transitions, with concerns such as job displacement, mistrust, and complexity hindering adoption. This study provides actionable strategies to mitigate resistance, enhance stakeholder collaboration, and scale AI adoption in resource‐constrained settings, contributing to SDG 12 and SDG 13. The findings offer practical insights for aligning AI innovations with sustainable development in high‐variability industries.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"36 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143736638","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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