Sustainable Innovation Strategy: Creating Value in a World of Finite Resources

Sustainable Innovation Strategy
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There are plenty of studies that empirically address the ties between strategic management i. However, there is a scarcity of empirical studies examining the combined effects of promoting a relationship learning context on green innovation performance and green customer capital.

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This chapter develops a research model that links relationship learning, green innovation performance and green customer capital and empirically tests the research hypotheses through Partial Least Squares PLS-SEM analysis. Our results suggest that firms should make an effort and invest in resources to enhance their relational capital.

Besides, in order to create green customer capital it is advisable that firms are able to transform this relationship learning into green innovative outcomes. The absence of proper data to test for a bi-directional causal link between entrepreneurship and smart city is discussed as a limitation of the current analysis and as a research line that deserves further investigation. This study examines how cultural beliefs and other cognitive processes related with the response to fear appeals can contribute to explain why consumers choose to purchase goods produced by sustainable companies.

Sustainable innovation strategy : creating value in a world of finite resources

There are two independent ordered probit regression models that examine the relationships between the proposed independent variables and the behavior of respectively punishing non-sustainable companies and rewarding sustainable companies. Results show that the more egalitarian and the less hierarchical individuals are, the more they will reward sustainable companies.

Co-operative societies are significant in Andalusia, given the fact that the regional Social Economy leads the national outlook.

Creating sustainable value for a business

Scientific literature generally supports their socioeconomic impact and business social responsibility, which are studied, as a whole rather than in detail, with regards to environmental aspects. Despite the global situation regarding the need to enhance energy efficiency, the manner in which these co-operatives take it into account is not clearly shown.

Consequently, this research provides a series of effective measures for CO 2 emission mitigation and energy efficiency improvement. Thus, the aim was to understand the sustainable responsibility of co-operatives by means of CO 2 emission evaluation and their sources. Additionally, this research enquires into the available supporting economic incentives that are proposed and describes effective mitigation measures supported by the regulations regarding prevention and environmental quality.

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A participatory analysis of the selected co-operatives was also performed with a view to defining economic-environmental indicators and to provoking a gradual improvement of sustainability concerning their performance. The outcomes of this research reveal the scarce concern of companies with regards to the energy consumption and the economic and environmental impact. In conclusion, co-operatives need to optimise the social management from defined environmental practice in order to modify their behaviour.

Their strategic direction has to encompass climate change risks and opportunities in their analysis and control systems. In this sense, this clearly specific commitment of co-operatives establishes a rising tendency to guarantee a stable productive model with minor atmospheric pollution.

Sustainable Innovation Strategy : Creating Value in a World of Finite Resources -

As the Knowledge Management discipline continues to evolve, socialisation, externalisation, combination and internalisation remain as key management practices for the creation of knowledge which enables organisations to successfully address environmental challenges. This paper examines the relevance and importance of an ISO certification as an enabler of Nonaka and Takeuchi's SECI model and the processes of reusing and updating the environmental knowledge of an organisation. These relationships are examined through an empirical study of 87 companies in the Spanish hospitality sector using repeated measures ANOVA validated by factor analysis.

The study has direct implications for management practice as ISO represents a long-term programme to change, and a proactive way to improve knowledge management practices. Therefore, in order to consolidate knowledge management practices, companies need to provide and support organisational structures as ISO The possibility of realizing production systems which deliver high social, environmental, and economic performance has gained attention in internationalization studies at large. While the literature has focused on large firms from Western countries, we investigate the role of firms from emerging economies EE in supporting upgrading and improving the social and economic conditions of local producers while delivering a quality product targeting a sophisticated market niche.

This chapter present evidence of an Indian firm specialized in the home and fashion industries Industree , which successfully improved social and environmental conditions along its value chain through the social entrepreneurship approach. This case study shows that also EE firms can promote social and economic upgrading among their suppliers and that economic upgrading is necessary for the attainment of social upgrading.

Sustainable innovation strategy : creating value in a world of finite resources /

Examining the links between sustainable development, innovation strategy and the business model, this Creating Value in a World of Finite Resources. To complete your curiosity, we offer the favorite sustainable innovation strategy creating value in a world of finite resources book as the choice today. This is a.

Design and retail, usually prerogatives of developed country firms, are key factors in supporting the achievement of success in both dimensions. The tourism sector and, in particular, the hotel industry are aware of the environmental problems generated by their activities. The long-term benefit of this awareness is more competitive and profitable companies. The proposed model was tested with a sample of hotels located in Spain, using the partial least squares method of assessing structural equation models. The results reveal that environmental sustainability has a significant positive impact on RevPAR and that reputation acts a mediating factor in this context.

Thus, hotel companies need to bear in mind that corporate social responsibility policies regarding the environment are not an undesirable cost but rather an investment that ensures long-term, sustainable financial returns. With the new millennium, environmental concern entered a new phase, with stricter governmental regulations and incentives. Currently, within environmental issues, there is a broader challenge to commitment with economic and social goals. This is motivating companies and organizations to participate in transformation processes with the aim of minimizing the negative impacts of their activities.

Journal of Business Ethics, 88, —, ; Leipziger.

Climate Change

The corporate responsibility code book. Sustainable energy innovation is a highly expensive endeavor. To help meet all the financing requirements, both private and public investment are needed. The reality is that innovators of early-stage sustainable energy solutions find that there is usually a significant financing gap and public and private funding are typically not well aligned to meet this need for various reasons.

Aside from the financial challenges for innovations, favorable energy regulations, funding policies and institutions to foster innovation are vital in creating a fertile environment for sustainable energy innovation. In order to accelerate clean energy technology innovations, the financial, regulatory and institutional hurdles must be tackled through a globally coordinated approach. In reality, much comes down to better collaboration and coordination both at national levels — between private and public investors — and at an international level — in relation to government policies and the overall innovation agenda.

The aim of the project is to identify and tackle the financial, regulatory and institutional hurdles in the global energy innovation process and find solutions to improve public-private collaboration in this field. As a result of various interviews with global experts in energy innovation, six recommendations have been developed that are designed to reduce hurdles and improve public-private collaboration. In order to turn the recommendations into implementation actions, the World Economic Forum and KPMG are currently discussing the recommendations with a broad range of stakeholders in the global energy innovation ecosystem, including investors and innovators as well as multilaterals and governments in the Mission Innovation member countries.

This proposal involves the use of a blended finance funding structure to attract both public and private investors and a more professional and technical approach to project evaluation and the ongoing oversight given to these projects, and the idea is that these features should overcome some of the inherent difficulties that currently prevail across the funding spectrum.

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In addition to the specific work on the six recommendations, this project has helped raise the profile of sustainable energy innovation and its critica importance to the climate change agenda. This in turn, we hope, will encourage greater collaboration and interaction between the investment and innovation communities.

Sustainable energy innovation is of critical importance in achieving the global climate targets. More sustainable energy technologies need to be developed and commercialized faster. Breakthrough energy technologies with broad applicability and affordability are needed to substitute incumbent solutions and lifestyles. In order to tackle systemic hurdles in the energy innovation process, it is critical to foster a culture of policy discussion and to increase the involvement of both private and public stakeholders in the energy innovation ecosystem. Innovation as such is not new, but the necessary speed to develop technologies and the inherent pressure to act in this particular industry is. Luckily, we can build upon experiences and lessons learned from other industries and sectors. Financial mechanisms of co-investment attracting both public and private investors have, for instance, extensively and successfully been used in the context of development finance in emerging economies.

Other industries, such as the telecommunications industry, has shown exemplary speed and foresight in developing new products and ideas. Where there is a market, there will always be a product. However, we should also focus on the positives. We see sustainable energy innovation happening all over the world with some really interesting and exciting ideas beginning to emerge.

The challenge for all of us who are committed to doing something for the climate change agenda is to recognize the importance of sustainability innovation and to actually do something to help make it a reality. KPMG's Global Energy network works with major organizations in a variety of energy related sectors to respond to business issues and trends. Request for proposal. Save what resonates, curate a library of information, and share content with your network of contacts. You've been a member since. Skip to content.

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One of the most important projects is the Great Green Wall that should stop the expansion of Sahara desert to the south. Dematerialization is being encouraged through the ideas of industrial ecology , ecodesign [] and ecolabelling. Retrieved on: 30 November Ecological economics studies the fields of academic research that aim to address human economies and natural ecosystems. One school of thought, often labeled ecosocialism or ecological Marxism, asserts that the capitalist economic system is fundamentally incompatible with the ecological and social requirements of sustainability.

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