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    Green Innovation, Managerial Concern and Firm Performance: An Empirical Study

    Tang, Mingfeng and Walsh, Grace and Lerner, Daniel and Fitza, Markus A. and Li, Qiaohua (2018) Green Innovation, Managerial Concern and Firm Performance: An Empirical Study. Business Strategy and the Environment, 27. pp. 39-51. ISSN 0964-4733

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    Extant literature, while often suggesting a positive link between green innovation and firm performance, is inconclusive. Moreover, the possibly moderating role of management has not been sufficiently considered. Using a unique dataset sampling 188 manufacturing firms in China, we examine how managerial concern (for green issues) moderates the relationship between green innovation and firm performance. We find that green process innovation and green product innovation both significantly (positively) predict firm performance, when not considering managerial concern for the environment. Once managerial concern is included, we observe that it compounds the positive effect of green process innovation on firm performance – but not product innovation, which no longer explains significant unique variance in firm performance. The findings hold various implications for future research and business policy. Copyright © 2017 John Wiley & Sons, Ltd and ERP Environment

    Item Type: Article
    Keywords: green production innovation; green process innovation; managerial concern; firm performance;
    Academic Unit: Faculty of Social Sciences > Research Institutes > Innovation Value Institute, IVI
    Item ID: 13186
    Identification Number:
    Depositing User: Grace Walsh
    Date Deposited: 14 Aug 2020 15:16
    Journal or Publication Title: Business Strategy and the Environment
    Publisher: Wiley
    Refereed: Yes
    Use Licence: This item is available under a Creative Commons Attribution Non Commercial Share Alike Licence (CC BY-NC-SA). Details of this licence are available here

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