Can sustainability be achieved through sustainable oriented innovation practices? Empirical evidence of micro, small and medium scale manufacturing enterprises

Khurana, Sonal, Luthra, Sunil, Haleem, Abid, Kumar, Anil and Mannan, Bisma (2022) Can sustainability be achieved through sustainable oriented innovation practices? Empirical evidence of micro, small and medium scale manufacturing enterprises. Sustainable Development, 30 (6). pp. 1591-1615. ISSN 1099-1719

Text Revised Manuscript.docx - Accepted Version Restricted to Repository staff only until 17 May 2024. Available under License Creative Commons Attribution Non-commercial No Derivatives 4.0. Download (493kB) | Request a copy

Abstract / Description

In today’s scenario, where companies are driven by fast changes, their survival depends on their ability to pursue sustainable development through innovation. This issue has led to the discussion about how companies should manage innovation to meet the demands of sustainability. Recently, researchers have identified that bringing changes into various managerial aspects has the potential to support both innovation and sustainability. The present study contributes to this field by analysing the causal relationships amongst the sustainability capabilities at the organisational level through the structural equation modelling method. The responses of 301 owners and managers of micro, small and medium scale enterprises (MSMEs) in an emerging economy context are examined. A more holistic approach, as promoted by the United Nations Sustainable Development Goals (UNSDGs), is used in order to achieve the multi-dimensional mix of environmental, social and economic performance indicators. The findings of this study reveal that government initiatives influence firm size and technological resources significantly. Financial resources have a significant influence on collaboration capability. Moreover, capacity building has emerged to be a significant determinant affecting sustainable oriented innovation. This study also makes a contribution to the contingent resource-based theory by providing an understanding of the significance of various contingencies and integration of resources for application of sustainable practices. The authors hope that the present research is able to help government and managers so that they can provide every support to indigenous manufacturing, innovation and implementation of climate resilient technologies.

Item Type:	Article
Additional Information:	This is the peer reviewed version of the following article: Khurana, Sonal, Luthra, Sunil, Haleem, Abid, Kumar, Anil and Mannan, Bisma (2022) Can sustainability be achieved through sustainable oriented innovation practices? Empirical evidence of micro, small and medium scale manufacturing enterprises. Sustainable Development. ISSN 1099-1719, which has been published in final form at https://doi.org/10.1002/sd.2330. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Use of Self-Archived Versions. This article may not be enhanced, enriched or otherwise transformed into a derivative work, without express permission from Wiley or by statutory rights under applicable legislation. Copyright notices must not be removed, obscured or modified. The article must be linked to Wiley’s version of record on Wiley Online Library and any embedding, framing or otherwise making available the article or pages thereof by third parties from platforms, services and websites other than Wiley Online Library must be prohibited.
Uncontrolled Keywords:	collaboration capability; government initiatives; MSMEs; open innovation; sustainable development
Subjects:	600 Technology 600 Technology > 650 Management & auxiliary services
Department:	Guildhall School of Business and Law
Depositing User:	Anil Kumar
Date Deposited:	29 Apr 2022 08:36
Last Modified:	18 Jan 2023 16:20
URI:	https://repository.londonmet.ac.uk/id/eprint/7530

Actions (login required)

View Item