journal article Apr 18, 2021

An environmental policy of green intellectual capital: Green innovation strategy for performance sustainability

Abstract
AbstractThis study examines how green intellectual capital (GIC) affects economic and green performance through green innovation. We show ways in which a firm's performance is influenced by three dimensions of GIC, that is, green human capital (GHC), green relational capital (GRC), and green structural capital (GSC), and use the mediating role of green innovation to explain the relationships. The results of a survey conducted on 138 high‐tech firms indicate that the three GIC constructs positively affect economic performance, green performance, and green innovation, respectively. Further analysis finds that green innovation fully mediates the linkage of GHC–economic performance and GSC–green performance and partially mediates the linkage of GRC–economic performance and GRC–green performance. We find that green innovation does not mediate the linkage of GSC–economic performance and GHC–green performance, and this contributes towards business strategy and implementation of green innovation practices.
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Cited By
296
Finance Research Letters
Does Green Innovation Improve SME Performance?

Ni Wayan Rustiarini, Desak Ayu Sriary Bhegawati · 2022

Economies
Metrics
296
Citations
99
References
Details
Published
Apr 18, 2021
Vol/Issue
30(7)
Pages
3241-3254
License
View
Funding
Ministry of Science and Technology, Israel Award: MOST 109‐2410‐H‐275‐003
Cite This Article
Chao Hung Wang, Wei‐Jr Juo (2021). An environmental policy of green intellectual capital: Green innovation strategy for performance sustainability. Business Strategy and the Environment, 30(7), 3241-3254. https://doi.org/10.1002/bse.2800