Green Process Innovation Research Articles

Studying green financing, factor allocation efficiency, and regional productivity growth in renewable energy industries

This study aims to test the role of green financing in factor allocation efficiency and regional productivity growth in China's renewable energy industries. Chinese provincial data were acquired from 2008 to 2019, and the GMM technique was applied for empirical estimation. The results showed that renewable energy factor allocation efficiency in China enhances the rate of regional productivity growth by approximately 32.7%, with the role of green financing standing at16.5% in China-based renewable energy industry efficiency. At the same time, the factor allocation efficiency in China has adopted green financing measures to go green and support green process innovation in technological innovation in renewable energy contact. The findings suggest that regional productivity growth is essential, as is the capacity to advance multifactor technological productivity, use of green bonds, and disclosure of sustainable energy development. Fundamentally, this study presents policy implications for key stakeholders.

Stakeholder Engagement for Green Process Innovation: Exploring the Link and Boundary Conditions

Stakeholder Engagement for Green Process Innovation: Exploring the Link and Boundary Conditions

Examining the impact of Environmental Management Accounting practices and Green Transformational Leadership on Corporate Environmental Performance: The mediating role of Green Process Innovation

Based on the Natural Resource-Based View (NRBV), we examined the impact of Environmental Management Accounting and Green Transformational Leadership (GTL) on Corporate Environmental Performance (CEP) and we also examined the mediating role of Green Process Innovation (GPI). For this purpose, a survey technique was used to collect data from certified manufacturing setups. SPSS and PLS-SEM 3.0 were used to examine the hypotheses and the results of the study indicate that GTL has a direct significant impact and indirect impact through GPI on CEP. Results also depict that EMA also has a significant impact on CEP. Our study contributed theoretically to NRBV by contributing to the role of GPI in attaining environmental performance. The results of the study also have practical implications by indicating that managers and policymakers should employ practices of EMA along with GTL style to satisfy the environmental sustainability concerns of the stakeholders and sustain their competitive edge in the market.

Sustainable Business Performance: Examining the Role of Green HRM Practices, Green Innovation and Responsible Leadership through the Lens of Pro-Environmental Behavior

Due to the recent economic crisis, the requirement for sustainable company performance has spread across the globe, with green initiatives being seen as the best way to address it. Recent literature and regulators have taken notice of this predicament. The deployment of green innovation, responsible leadership induction, and green human resource management (GHRM) techniques have been made necessary by the significant focus on attaining business sustainability. This study aims to provide light on the banking industry’s perception of how GHRM practices, green innovation, and responsible leadership affect business sustainability practices. The data were provided by 396 banking professionals employed by the top five commercial sector banks nationwide. By using the Mplus program for analysis, the study’s hypotheses were evaluated using structural equation modeling. The findings show a positive relationship between GHRM practices, ethical leadership, green process innovation, and sustainable company performance. However, an intriguing finding between responsible leadership and sustainable business performance was the role that pro-environmental conduct played as a partial mediator. The findings offer scholars and practitioners interested in firms’ sustainable business performance additional context-specific social, ecological, and financial implications. The effectiveness of GHRM practices, responsible leadership, and green innovation as a strategy to increase business sustainability in a developing country environment has only received minimal academic attention so far. A literary gap exists as few studies have been conducted to test the role of green HRM, responsible leadership, and green innovation’s impact on sustainable business practices. Small number of studies taken pro-environmental behaviors as a mediator in the recent past. In light of this, the present study has taken these behaviors as a mediator to test the mediation effect in the banking sector of Pakistan. So, the present study removed the gap by exploring the mediation effect of pro-environmental behaviors. The selection of Pakistan’s banking sector for analysis in the present study is a significant contribution to the literature because no studies have previously been conducted on Pakistan’s banking sector to analyze the role of green HRM practices, responsible leadership, and green innovation’s impact on sustainable business performance through the mediating role of their pro-environmental behavior. The present study provides guidelines to senior management in the banking sector to understand the role of green HRM practices, responsible leadership, and green innovation practices’ importance for sustainable business performance as sustainable performance is essential to excel in this competitive business world.

Wine tourism as a catalyst for green innovation: evidence from the Spanish wine industry

PurposeThis research focuses on analysing the effect of wine tourism on green product and process innovations developed by Spanish wineries. In addition, age, size and membership in a protected designation of origin (PDO) are introduced as control variables to increase the precision of the cause–effect relationship analysed.Design/methodology/approachThe study proposes a conceptual model based on previous studies, which is tested using structural equations (partial least squares structural equation modelling [PLS-SEM]) with data collected from 202 Spanish wineries.FindingsThe research results show that wine tourism activity has a positive and significant influence on green product and process innovation.Originality/valueThe research contributes to the academic literature in several ways. First, the study advances knowledge and understanding of the benefits generated by wine tourism. Second, the research contributes to the literature that analyses the wine tourism–sustainability link, since it is predicted that this type of tourism can increase the capacity for green innovation. Third, to the best of the authors’ knowledge, there is no previous research that has analysed wine tourism as a catalytic variable for green innovation. Fourth, the proposed theoretical model has not been previously addressed in the academic literature, so the study represents an important advance in scientific knowledge.

The impact of green technology innovation on carbon dioxide emissions: The role of local environmental regulations

Environmental pollution has become a global issue attracting ever-increasing attention. Green technology innovation (GTI) is considered an effective strategy in countering this problem and helping achieve sustainability goals. However, the market failure suggests that intervention from the government is necessary to promote the effectiveness of technological innovation and hence, its positive social impacts on emissions reduction. This study investigates how the environmental regulation (ER) influences the relationship between green innovation and CO2 emissions reduction in China. Employing data from 30 provinces from the period 2003 to 2019, the Panel Fixed-effect model, the Spatial Durbin Model (SDM), the System Generalised Method of Moments (SYS-GMM) and the Difference-In-Difference (DID) models are applied to take issues relating to endogeneity and spatial impact into consideration. The results indicate that environmental regulations positively moderate the impact of green knowledge innovation (GKI) on CO2 emissions reduction but have a much weaker moderation effect when green process innovation (GPI) is considered. Among different types of regulatory instruments, investment-based regulation (IER) is the most effective in promoting the relationship between green innovation and emissions reduction, followed by command-and-control-based regulation (CER). Expenditure-based regulation (EER) is less effective and can encourage short-termism and opportunistic behaviour among firms, who can accept the paying of fines as a cheaper cost over the short-term than investment in green innovation. Moreover, the spatial spillover effect of green technological innovation on carbon emissions in neighbouring regions is confirmed, in particular when IER and CER are implemented. Lastly, the heterogeneity issue is further examined by considering differences in the economic development and the industrial structure across different regions, and the conclusions reached remain robust. This study identifies that the market-based regulatory instrument, IER, works best in promoting green innovation and emissions reduction among Chinese firms. It also encourages GKI which may assist firms in achieving long-term sustained growth. The study recommends further development of the green finance system to maximise the positive impact of this policy instrument.

The Impact of Intellectual Property Rights City Policy on Firm Green Innovation: A Quasi-Natural Experiment Based on a Staggered DID Model

Green innovation is considered an important way to promote low-carbon society formation and the sustainable development of environmental engineering. However, few quantitative studies have focused on the impact of intellectual property rights (IPR) on firm green innovation (FGI). This paper constructs a quasi-natural experiment based on the IPR pilot city policy in China. We empirically investigated the influence of IPR policy on FGI using a staggered difference-in-differences (DID) model and Chinese listed company data from 2007 to 2020. The findings of this research are as follows: (1) IPR policy significantly promotes FGI, and its effectiveness is confirmed by a variety of robustness tests. (2) The IPR policy supports both green product and green process innovation, with a stronger effect on green product innovation. (3) The IPR policy encourages green independent R&D but has little influence on green joint R&D. (4) The IPR policy promotes FGI with a high knowledge intensity, state-owned enterprises, and firms in key city groups. (5) The IPR policy supports FGI primarily via two institutional channels: increasing R&D investment and easing financing constraints. This paper broadens the study of green innovation city policy and FGI development, offering new perspectives for achieving social and environmental sustainability.

How do environmental taxes affect green process innovation? Evidence from the Chinese manufacturing industry

PurposeThe absence of government intervention and market supervision cannot effectively promote green process innovation in manufacturing industries. As a new government regulation approach, environmental taxes provide a platform to internalize the externality of environmental pollution. This paper empirically investigates the impact of environmental taxes on green process innovation and the moderating effects of industry pollution heterogeneity and green credit.Design/methodology/approachThis research collects manufacturing industry data ranging from 2008 to 2020, resulting in a total of 351 observations. Time-individual, two-way fixed effect models are constructed to examine the hypotheses.FindingsThe results indicate environmental taxes have an inverted-U effect on green process innovation in manufacturing industries. Implementation intensity of the current environmental taxes on China's manufacturing industries does not reach an inflection point. Further analysis suggests that environmental taxes exert influence on the inverted-U relationship with low-pollution industries displaying a steeper curvilinear pattern than high-pollution industries. Moreover, the analysis shows that green credit plays a moderating role in the inverted-U relationship, as low green credit provides more limited stimulus than high green credit in terms of the effect of environmental taxes on green process innovation.Research limitations/implicationsThis study offers empirical evidence to accommodate negative externalities of corporate production and provides new perspectives in nudging corporate green-process innovation.Originality/valueThis paper verifies the effect of environmental taxes on green process innovation amid industry pollution heterogeneity by introducing an industrial-level analysis unit. This study improves the means by which environmental taxes are measured. Existing literature has narrowly used pollution discharge fees as a proxy for environmental taxes. The authors have summed up the taxes on vehicle and vessels, urban land use, urban maintenance and construction, vehicle purchases, waste gas, wastewater and solid waste to measure the effect of environmental taxes in this study.

Environmental Efficiency of Enterprises: Trends, Strategy, Innovations

This study examines the impact of green process innovation (GPI), green entrepreneurial orientation (GPO), and proactive sustainable strategy (PSS) on environmental performance (EP). Data were collected from 294 Indian agriculture technology firms. Structural equation modeling (SEM) was used to analyze the data using Lisrel 8.80. This study aimed to analyze how green entrepreneurial orientation, sustainability strategies, and green process innovation improve the environmental performance of agricultural technology firms. The results show that green process innovation, sustainability strategy, and entrepreneurial orientation play a significant role in enhancing agricultural technology firms’ environmental performance. Agricultural technology firms achieve high environmental performance primarily through strategy or sustainability. In every green process, innovation is crucial and essential. This research offers several practical implications that can be utilized by managers of agricultural technology firms to develop systems with cleaner production techniques in agribusiness. The novelty of the study lies in analyzing the direct relationships among green entrepreneurial orientation, strategy, and innovation in promoting the environmental performance of agricultural technology firms by drawing data from an agriculturally oriented developing country such as India.

Research on the Low Carbon of GFD: From the Perspective of GL Based on Environmental Protection

Abstract Enhancing the low-carbon effect of green finance development (GFD) is an effective way for China to accelerate the comprehensive deepening of supply side structural reform, better realise the high-quality development of green economy and better protect the environment. Therefore, based on the green technology innovation theory and endogenous growth theory, from the four dimensions of green innovation (GI) in the GLOBIO model, the unbalanced panel data of 8976 manufacturing listed companies from 2009 to 2021 were used. This paper deeply explores the low-carbon effect of GI on the development of green finance (GF) in China’s manufacturing industry. The results show that: on the whole, GI based on environmental protection has a significant incentive effect on the low-carbon effect of GFD. Compared with green material innovation and green process innovation, green product design innovation and green equipment innovation have more incentive effect. Further analysis shows that green product design innovation and green equipment innovation can produce incremental effect on the low-carbon effect of green financial development through green material innovation. The conclusion not only provides empirical support for green technology innovation theory and endogenous growth theory, but also provides effective evidence for the path of GF to achieve low-carbon development.

Apakah Inovasi Hijau Dan Pengungkapan Emisi Karbon Dapat Mempengaruhi Nilai Perusahaan Pada Perusahaan Manufaktur?

The development of the industrial world is currently very competitive with each other, including industries in Indonesia. In addition, developments can cause environmental damage as a result of the company's activities. Therefore, this might have a negative impact on society and lower the company’s worth. The study aims to investigate to link between firm value and green product innovation, green process innovation, and disclosure of carbon emissions. Using purposive sampling criteria, the research sample consisted of manufacturing companies listed on the Indonesia Stock Exchange listed in the PROPER rating from 2017 to 2020, and combined into 30 companies with 115 observations. According to legitimacy, signaling, and stakeholder theory, the study’s findings show that green process innovation and disclosure of carbon emissions have a positive influence on firm value. This shows that manufacturing companies have succeeded in reducing the impact of their activities on the environment and have complied with environmental regulations. Meanwhile, green product innovation has a negative effect on firm value, this is because the participation of manufacturing companies in Indonesia in implementing green product innovation is still low. This research contributes to theory and practice in companies that want to produce environmentally friendly products. The results of these findings can be a reference for investors in making decisions.

Green innovation in emerging economies: The role of managerial ties and market learning

AbstractThis study adopts the social capital and organizational learning perspectives to examine (i) how managerial business and political ties drive green product and process innovation, respectively, and (ii) the roles that explorative and exploitative market learning play in moderating the effects of managerial business and political ties on green product and process innovation. Findings from a survey of 283 Chinese firms show that managerial business and political ties distinctively drive green product and process innovation. Explorative and exploitative market learning strengthens the positive effects of managerial business and political ties on green product and process innovation for sustainable development. These findings advance the green innovation literature by clarifying how firms convert top‐level managers' network ties and market‐learning capabilities to strengthen corporate green innovation practices.

The role of green innovation in achieving environmental sustainability in European Union countries: Testing the environmental Kuznets curve hypothesis

This study investigates the impact of renewable energy consumption, energy R&D investments, and green patents on the ecological footprint in European Union countries with the framework of the environmental Kuznets curve (EKC) hypothesis from 1990 to 2018. For this purpose, second-generation panel methods were used in the study. According to the results, the EKC hypothesis is valid only in Finland. On the other hand, renewable energy consumption reduces the ecological footprint in Austria and the Netherlands while it increases in Germany and Italy. Green patent reduces the ecological footprint in Italy while it increases in Finland, Germany, and the Netherlands, and energy R&D investments increase the ecological footprint in Austria, Denmark, Finland, and the Netherlands. The causality test results show unidirectional causality from renewable energy consumption, energy R&D investments, and green patents to ecological footprint. Overall, policymakers should support the green innovation process for a sustainable environment.

Spatial Effect and Threshold Characteristics of China’s Iron and Steel Industrial Agglomeration on Fog-Haze Pollution

The iron and steel industry is an important foundation of the national economy. It is the inevitable choice, to achieve high-quality development in the new era of the iron and steel industry, to speed up the green development of the iron and steel industry. This paper studies the effect of steel industry agglomeration on regional economic growth and air pollution. Through the analysis of the characteristics of iron and steel industry agglomeration, and the empirical analysis of the relationship between iron and steel industry agglomeration, regional economic growth, and air pollution, it is found that: (1) Iron and steel industry agglomeration helps to promote economic growth; (2) Iron and steel industry agglomeration has an obvious spatial correlation effect and obviously drives the development of surrounding areas; (3) Iron and steel industry agglomeration will cause air pollution. The marginal effect of air pollution will decline rapidly with the development of iron and steel industry agglomeration. (4) The impact of green process innovation investment on air pollution presents an inverted U-shaped effect, which has a positive effect on air recovery after exceeding the critical point. (5) The air self-purification capacity represented by precipitation, helps to reduce air pollution. Based on the above conclusions, this paper puts forward some policy suggestions, such as making a scientific development plan for the iron and steel industry, accelerating green process innovation, effectively improving regional precipitation and precipitation times, vigorously promoting high-quality development of the regional economy, and comprehensively promoting coordinated development of the iron and steel industry, so as to cope with the dilemma of the coordinated development of the iron and steel industry, regional economic growth, and smog pollution, and strive for international development in the future. In the competition, we should gain the first opportunity and obvious competitive advantage.

How Managers’ Green Transformational Leadership Affects a Firm’s Environmental Strategy, Green Innovation, and Performance: The Moderating Impact of Differentiation Strategy

No prior literature has investigated the effect of managers’ green transformational leadership (GTL) on financial performance (FP). The current study introduces an original research framework with the aim of filling in this gap. This study introduces a completer analytical framework by considering the direct impacts of managers’ GTL on FP and the indirect impacts of managers’ GTL under the joint action of corporate environmental strategy (CES), green product innovation (GPT), and green process innovation (GPI). Furthermore, based on the question of how enterprises can earn profit from GPT, analyzing the moderator impact of differentiation strategy on the relationship between GPT and FP is also within the context of the present study. The data collected from 315 firms with the ISO 14001 certificate in the First and Second 500 Industrial Enterprises List of Turkey in 2018 were tested in the SmartPLS 3 analysis program. The empirical evidence shows that managers’ GTL affects FP both directly and indirectly through CES and GPI. However, it is concluded that GPT does not have a direct positive impact on FP. Considering GPT and differentiation strategy jointly, it is observed that its relationship with FP is positive and significant.

Ethical leadership and green innovation: the mediating role of green organizational culture

Green innovation is critical for SMEs, which account for a significant part of employment and total value in many countries. The role of the leader in SMEs is one of the most discussed issues in the field of management and innovation. In this study, the role of ethical leadership and green organizational culture on green innovation was investigated in the context of Turkey with a cross-sectional research study covering 464 SMEs and using structural equation modelling. According to the findings, it was seen that ethical leadership has an important potential in terms of developing a green organizational culture in SMEs. In addition, it has been determined that green organizational culture has a mediating role between ethical leadership and green product and process innovations. As a result, suggestions are given to researchers and managers in the context of leadership and organizational culture in order to create green innovation and a sustainable work environment.

Research on the Spatial Effects of Green Process Innovation, Environmental Regulation, and Precipitation on Environmental Air Pollution

In recent years, air pollution events have occurred frequently in China and have had serious impacts on people’s work and life. The research objective of the article is to find out the spatial effects of green process innovation, environmental regulation, rainfall, and pollution from industrial development on air pollution by compiling a development index of the air pollution industry and constructing spatial autoregression and spatial Durbin models. The study found that green technology innovation significantly reduced sulfur dioxide emissions and fog haze pollution. The development of industrial air pollution is an important source of sulfur dioxide and pollutant haze and has significant spatial spillover effects. The strengthening of environmental regulations leads to a decrease in life pollution but causes a transfer of industrial pollution. Rainfall is conducive to reducing the concentrations of pollutants in the air, such as those from chimneys and smog. Policy recommendations are proposed, such as establishing different environmental policies for different green technological innovations to promote green technology innovation; constructing a joint defense control system for regional air pollution; increasing the construction of artificial wetlands in areas with serious air pollution; and creating scientific plans to coordinate the development of industry, technology, and the environment, to provide help for China to reduce the emission of atmospheric environmental pollutants.

Big data analytics capability in healthcare operations and supply chain management: the role of green process innovation.

Green approaches remain little disseminated in the healthcare sector despite growing interest in recent years from practitioners and researchers. Big Data Analytics Capability (BDAC) can play a critical role in the integration of environmental concerns into operations and supply chain management (OSCM) and further strengthen the environmental performance of healthcare facilities. According to the literature, the integration of the environment into operations process remains insufficient to achieve high levels of performance and requires efforts in green process innovation. However, this relationship between BDAC and green process innovation remains poorly justified empirically. To address this theoretical gap, we investigated the relationship between BDAC, environmental process integration, green process innovation in OSCM and environmental performance. The main contribution of this study is the valuable knowledge on how BDAC influences environmental process integration and green process innovation to enhance environmental performance. Moreover, the study highlights the mediating role of green process innovation on environmental performance, a finding that has not been mentioned in the extant literature. The paper provides valuable insight for managers and stakeholders that can assist them in supporting the application of BDAC in healthcare OSCM to create sustainable value.

Is the impact of environmental regulation on enterprise green technology innovation incentives or inhibitions? A re-examination based on the China meta-analysis

Environmental regulation and green technology innovation are the important driving forces to realize the peak of carbon and carbon neutralization strategy. However, whether environmental regulation can promote or inhibit green technology innovation, the existing literature research has not yet formed a consistent conclusion, and there is no literature to conduct a unified analysis of the relationship between the two. Based on 39 independent research papers published from 2006 to 2020, this paper integrates and analyzes the relationship between environmental regulation and enterprise green technology innovation and its corresponding dimensions in the context of China. The results show that there is a significant positive correlation between environmental regulation and enterprise green technology innovation overall. There is a significant positive correlation between command-control environmental regulation, tax-based environmental regulation, enterprise green product innovation, green process innovation, and green R&D investment, but there are differences in intensity. At the same time, this study also found that the types of environmental regulation, industry characteristics, and economic regions moderate the relationship between environmental regulation and enterprise green technology innovation. These findings further clarify the differences of understanding on the relationship between environmental regulation and green innovation of enterprises, provide a new perspective for the inconsistency of existing relevant research conclusions, and provide new supporting evidence for the Porter hypothesis, which has important implications for the government to optimize environmental regulation policies to promote the development of green economy.

Enhancing building energy efficiency: Formation of a cooperative digital green innovation atmosphere of photovoltaic building materials based on reciprocal incentives

<abstract> <p>A good innovation atmosphere between photovoltaic building materials manufacturing enterprises and universities and scientific research institutions is conducive to the effective development of a cooperative digital green innovation process. This paper establishes an evolutionary game model for the formation of a cooperative digital green innovation atmosphere in photovoltaic building materials manufacturing enterprises under two mechanisms: direct and indirect reciprocity. The results show that both direct and indirect reciprocity mechanisms are conducive to the formation of a cooperative digital green innovation atmosphere for photovoltaic building materials manufacturing enterprises. This study provides theoretical guidance for photovoltaic building materials manufacturing enterprises to cultivate a cooperative digital green innovation atmosphere.</p> </abstract>