Title: The dynamics of innovation and sustainability performance in the context of small and medium manufacturers in India

Authors: Ashok Kumar Sar

Addresses: School of Management, Kalinga Institute of Industrial Technology, Bhubaneswar – 751024, India

Abstract: The aim of this study is to examine the impact of innovation on sustainability performance. The associated constructs were developed through an extensive review of the literature. The constructs were measured using a Likert scale for a sample of respondents from small and medium-sized manufacturers in India. Structural equation modelling was used to test the reliability and validity of the model, as well as hypothesis testing. The results indicate that all three forms of innovation significantly impact the environment and economic performance, while business model innovation significantly impacts the social performance of firms. Considering the ever-growing importance of sustainability, the results of this study provide insights into the impact of innovation on sustainability in a granular form. Accordingly, this study adds to the current literature on strategic management, particularly regarding sustaining overall business performance.

Keywords: product innovation; process innovation; business model innovation; BMI; economic sustainability; environment sustainability; social equity sustainability.

DOI: 10.1504/IJEIM.2025.153409

International Journal of Entrepreneurship and Innovation Management, 2025 Vol.29 No.1/2, pp.1 - 22

Received: 30 Jan 2024
Accepted: 26 Sep 2024
Published online: 07 May 2026 *

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