Influence of eco-innovation on Indian manufacturing sector sustainable performance

Manufacturing firms are striving to improve their sustainable performance in order to satisfy multiple stakeholders. Eco-innovation is a promising approach that decreases environmental impact and helps firms to increase their business value. There are several antecedents which help the firms to inno...

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Main Authors: Ganapathy, Satish Pandian, Natarajan, Jawahar, Gunasekaran, Angappa, Subramanian, Nachiappan
Format: Article
Published: Taylor & Francis 2014
Subjects:
Online Access:https://eprints.nottingham.ac.uk/48888/
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author Ganapathy, Satish Pandian
Natarajan, Jawahar
Gunasekaran, Angappa
Subramanian, Nachiappan
author_facet Ganapathy, Satish Pandian
Natarajan, Jawahar
Gunasekaran, Angappa
Subramanian, Nachiappan
author_sort Ganapathy, Satish Pandian
building Nottingham Research Data Repository
collection Online Access
description Manufacturing firms are striving to improve their sustainable performance in order to satisfy multiple stakeholders. Eco-innovation is a promising approach that decreases environmental impact and helps firms to increase their business value. There are several antecedents which help the firms to innovate and improve their triple bottom line performance. Among the antecedents, management and innovative practices are directly related to eco-innovation. It is not well known what practices and innovations help the firms to eco-innovate as well as to improve sustainable performance. Hence, the research objective of this paper is to identify the suitable combination of management and innovative practices that help firms to eco-innovate as well as to achieve overall sustainable performance. The paper develops an eco-innovation conceptual model which relates the management and innovative practices (antecedents) and overall sustainable performance (consequences) of eco-innovation using institutional theory. Using Indian manufacturing sector’s empirical data and Structural Equation Modelling (SEM) approach, this paper determines the effect of eco-innovation’s antecedents and consequences. In the Indian context, this study suggests that the role of management practice is more significant towards eco-innovation than innovative practices. The results reflect practitioners’ view on how to increase innovation rate and to focus more on social aspects. The finding suggests that training on environmental related practices could tackle innovation and social aspects in the Indian manufacturing sector context.
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spelling nottingham-488882020-05-04T16:46:16Z https://eprints.nottingham.ac.uk/48888/ Influence of eco-innovation on Indian manufacturing sector sustainable performance Ganapathy, Satish Pandian Natarajan, Jawahar Gunasekaran, Angappa Subramanian, Nachiappan Manufacturing firms are striving to improve their sustainable performance in order to satisfy multiple stakeholders. Eco-innovation is a promising approach that decreases environmental impact and helps firms to increase their business value. There are several antecedents which help the firms to innovate and improve their triple bottom line performance. Among the antecedents, management and innovative practices are directly related to eco-innovation. It is not well known what practices and innovations help the firms to eco-innovate as well as to improve sustainable performance. Hence, the research objective of this paper is to identify the suitable combination of management and innovative practices that help firms to eco-innovate as well as to achieve overall sustainable performance. The paper develops an eco-innovation conceptual model which relates the management and innovative practices (antecedents) and overall sustainable performance (consequences) of eco-innovation using institutional theory. Using Indian manufacturing sector’s empirical data and Structural Equation Modelling (SEM) approach, this paper determines the effect of eco-innovation’s antecedents and consequences. In the Indian context, this study suggests that the role of management practice is more significant towards eco-innovation than innovative practices. The results reflect practitioners’ view on how to increase innovation rate and to focus more on social aspects. The finding suggests that training on environmental related practices could tackle innovation and social aspects in the Indian manufacturing sector context. Taylor & Francis 2014-04-28 Article PeerReviewed Ganapathy, Satish Pandian, Natarajan, Jawahar, Gunasekaran, Angappa and Subramanian, Nachiappan (2014) Influence of eco-innovation on Indian manufacturing sector sustainable performance. International Journal of Sustainable Development & World Ecology, 21 (3). pp. 198-209. ISSN 1745-2627 eco-innovation; sustainable performance; green practices; Indian manufacturing sector http://www.tandfonline.com/doi/full/10.1080/13504509.2014.907832 doi:10.1080/13504509.2014.907832 doi:10.1080/13504509.2014.907832
spellingShingle eco-innovation; sustainable performance; green practices; Indian manufacturing sector
Ganapathy, Satish Pandian
Natarajan, Jawahar
Gunasekaran, Angappa
Subramanian, Nachiappan
Influence of eco-innovation on Indian manufacturing sector sustainable performance
title Influence of eco-innovation on Indian manufacturing sector sustainable performance
title_full Influence of eco-innovation on Indian manufacturing sector sustainable performance
title_fullStr Influence of eco-innovation on Indian manufacturing sector sustainable performance
title_full_unstemmed Influence of eco-innovation on Indian manufacturing sector sustainable performance
title_short Influence of eco-innovation on Indian manufacturing sector sustainable performance
title_sort influence of eco-innovation on indian manufacturing sector sustainable performance
topic eco-innovation; sustainable performance; green practices; Indian manufacturing sector
url https://eprints.nottingham.ac.uk/48888/
https://eprints.nottingham.ac.uk/48888/
https://eprints.nottingham.ac.uk/48888/