International Journal of Innovation and Sustainable Development (17 papers in press)
ENHANCING INNOVATION ACTIVITIES IN THE TRANSITION PROCESS TOWARDS RENEWABLE ENERGY MUNICIPALITIES
by Wolfgang Gerstlberger, Alex Pedrosa, Uwe Cantner, Tobias Kesting
Abstract: Municipalities are more and more facing economic and technological challenges to prepare themselves and their regions to be supplied completely or to a high degree with renewable energy. Thus, municipalities seek for opportunities to stimulate activities that contribute to this transition process. The main goal of this research is to identify factors that enhance innovation activities in municipalities for the renewable energy transition process. To accomplish this aim we conducted a municipality survey in spring 2012. The survey covered all municipalities in Germany with more than 1,000 inhabitants. The overall results of our study demonstrate that a combination of the resource pool and willingness to cooperate drives the transition process in terms of innovation activities in municipalities. Further regional learning mediates this relation. Our findings contribute to the literature by clarifying the factors in municipal projects that positively relate to innovation activities of municipalities in the transition process towards renewable energy.
Keywords: Renewable energy; transition process; municipalities; innovation activities; regional learning; survey.
To elicit youth preferences for travel packages: A conjoint approach
by Vikas Nath, Mayur Taneja, Noopur Saxena
Abstract: Tourism sector is growing magnificently. The best way for the travellers to explore a destination is through travel packages. Since the young generation are frequent traveller, an attempt has been made to investigate the effect of various tour package attributes on younger generation willingness to purchase the tour package. The paper examined factors namely, payment preference, budget, days, destination, mode of transport and motivation to purchase, in influencing youth preference towards various travel packages in Delhi/NCR region. 180 respondents were surveyed. Conjoint analysis has been applied to examine the importance that youth attached to different factors and to various attributes within different factors. The finding of this study recognized the perfect combination of attributes that should be offered to the customers in order to satisfy them. This will help the marketers to offer the best deal which will attract the customers and also maximize customer retention.
Keywords: Travel packages; Conjoint analysis; Young Generation; All-Inclusive package.
Sustainable organisational performance through lean implementation regimen emanating from product innovation factors: a study in Indian context
by Protik Basu, Sanyka Banerjee, Bhaskar Bhowmick, Pranab K. Dan
Abstract: This research paper is a study on sustainable organisational performance through application and implementation regimen of lean manufacturing (LM). This work explores the impact of Product Innovation (PI) factors in LM implementation. For an effective LM mission, it is essential to focus on the pre-manufacturing phase which is the PI stage. The impact of LM on sustainable organisational performance, conceived as satisfaction of customer and that of internal objectives, can be realised if the issues are addressed at the PI stage. Based on literature survey, a structural framework is conceptualised, followed by design of the questionnaire, sampling, data collation and validation of the proposed model by an empirical research in the Indian manufacturing sector. The results of the structural model reveal that three out of four PI factors significantly affect LM implementation that has a positive impact on customer satisfaction and fulfilment of internal objectives, thus achieving sustainable organisational performance.
Keywords: lean manufacturing; product innovation; lean constructs; lean benefits; lean implementation; structural equation modelling; sustainable organisational performance.
Innovative green employees: The drivers of corporate eco-innovation?
by Marc Schmidt-Keilich, Anke Buhl, Elisabeth Süßbauer
Abstract: Previous studies have increasingly referred to the green employee as a promising resource for eco-innovation. However, as the concept was only vaguely defined until recently, empirical research is missing. Thus, this paper explores innovative green employees and their potential for eco-innovation, based on interview data from four green German companies of a small to medium size. We find that such employees mainly contribute to corporate eco-innovation by generating and discussing pro-environmental ideas. In our sample, these ideas mainly revolve around fostering eco-friendly consumption at the workplace. Further, our results suggest that innovative green employees contribute to corporate greening by transforming the values and behaviors of colleagues as environmental role-models and opinion leaders. To this end, they draw on their environmental knowledge, professional and private networks, authenticity and credibility as well as on the dialogue culture present in their company.
Keywords: Eco-innovation; employee innovation; green employee; environmental green behavior; corporate greening.
How Industrial Symbiosis Emerges through Partnerships: Actors, Platforms, and Stakeholder Processes Leading to Collaborative Business Models in Port Industrial Areas
by Lucia Mortensen, Louise Kringelum, Allan Næs Gjerding
Abstract: The present paper explores how industrial symbiosis emergence unfolds within port industrial areas. A multiple case study shows how industrial symbiosis emerges through partnering and stakeholder processes that take the form of collaborative business models. Focusing on actors, platforms for collaboration, and content of stakeholder processes, the study identifies drivers for industrial symbiosis emergence, including the importance of geographical proximity and ag-glomeration, which identify port industrial areas as natural habitats for industrial symbiosis. A defining characteristic of industrial symbiosis emergence within port industrial areas is the collec-tive effort of actors to bridge economic, environmental, and social objectives across private and public sectors. Finally, the paper suggests that future research on industrial symbiosis and the emergence thereof within port industrial areas may benefit from insights into corporate social responsibility and the emerging field of servitization.
Keywords: Industrial symbiosis; industrial symbiosis emergence; partnerships; sustainability; port indus-trial areas; collaborative business models.
Evaluation of food technologies across supply chain actors A systematic review of explanatory models.
by Carolin Kamrath, Joshua Wesana, Hans De Steur, Xavier Gellynck, Stefanie Bröring
Abstract: Acceptance of novel technologies along the food supply chain is essential for technology-based innovations to be effective in tackling global challenges such as food security. In order to obtain insights and identify research gaps in the context of food technology evaluation research, this study conducts a systematic review of the extant research landscape. Our focus is thus placed on empirical studies that utilized established explanatory models to explain the factors and mechanics that underlie the evaluation of novel food technologies by chain actors. Out of 183 primary studies included from 1991 to 2017, a majority was conducted in developed countries, versus only 23% in developing countries. Further, most studies of food technology evaluation have looked at genetically modified food, with consumers being the most common stakeholder considered. Regarding the models, Theory of Planned Behaviour and Protection Motivation Theory were by far the most frequently applied explanatory models. Our results highlight the need for research on the evaluation of novel food technologies by non-consumer actors for a holistic understanding across the supply chain as well as to give greater attention to developing settings.
Keywords: Evaluation; acceptance; adoption; explanatory models; theory of planned behaviour; TPB; protection motivation theory; PMT; food technology; food chain actors; farmer; processor; consumer; systematic review.
Diffusion of corporate sustainability in the ski industry
by Pavlina McGrady, Susan L. Golicic, Stuart P. Cottrell
Abstract: Business faces increasing environmental, social, economic, and institutional challenges and is uniquely positioned to greatly impact the continued development of sustainability. This paper examines the impact of external stakeholders and the internal organisation as predictors of corporate sustainability in the production of services. A corporate sustainability framework was tested using an online survey based on Diffusion of Innovation and prism of sustainability (PoS) theories with employees representing major Colorado ski resorts. Results show that internal firm innovativeness impacts corporate sustainability. While external stakeholder characteristics also influence corporate sustainability, the impact is much lower than and partially mediated by that of the firm. The framework, not previously applied in business services research, demonstrates the role of the institution as a sustainability dimension and positions the implementation of sustainability in the service industry as an innovation.
Keywords: sustainability; corporate; PoS; prism of sustainability; prism; innovativeness; innovation; ski; industry.
The Contributions of Design Thinking to the Conception of a Green Production Model
by Dusan Schreiber, Paola Schmitt Figueiró, Vanessa Theis
Abstract: In order to contribute to the debate on the alternatives for the conception of a Green Production model, this theoretical-reflexive essay was elaborated, which analyzes the contributions offered by the Design Thinking approach. In terms of methodology, we decided to follow the recommendations of the hermeneutic and interpretative method, which provides a comprehensive dialogue between the authors selected for this research. The researchers were careful to choose both classic, seminal and contemporary authors, texts from books and journals, of issues on Sustainability, Production Management, Design Thinking and Green Production, so as to create an appropriate environment for the exchange of ideas and perceptions about the possible thematic convergence. As a conclusion, we verified that the characteristics of the Design Thinking approach allow the identification of details of operational activities, which might be omitted when using other approaches, of a positivist and rational nature.
Keywords: Production Management; Green Production; Design Thinking.
Special Issue on: ICSGR 2020 Achieving Sustainability through Corporate Social Responsibility
Ownership pattern and firm performance: corporate governance in Indian firms
by Daman Jeet
Abstract: Firms are defined by a set-up of associations that represent contractual provisions for financing, capital structure, managerial ownership and recompense. It has been observed from business history that these relationships have disagreements but virtually every party has alleged to the overall objective of good performance of the business. Previous studies have investigated the relationship among various parties within a firm and the impact on performance through agency theory as this theory leads to separation of ownership and control. But the results of previous studies are rather mixed due to disparity in measures of ownership and performance. This study looks for examining performance under different and detailed list of ownerships and composition of board. Using panel data an attempt was made to study the association between ownership pattern and firm performance for all the major
industries listed on BSE 500 index.
Keywords: corporate governance; ROA; ROE; Tobin’s Q; BSE.
DYNAMICS OF INDIAN STOCK MARKET VOLATILITY
by Isha Narula
Abstract: The market volatility is one of the most pioneering topics in financial literature. If any potential investor understands the pattern of volatility, the prediction becomes easier and bagging profits becomes convenient. It has been observed that whenever a new piece of information hit the market, investors react in their own respective ways. Given piece of information may or may not be that useful for the prediction purposes. So, this research study is basically focusing on budgetary announcements and their impact on market sentiments and investment behaviour. The present study however, concentrated on volatility clustering before and after the event.
Keywords: market volatility; efficiency; volatility clustering.
Green HRM: A Medium of Social Responsibility and Sustainable Development.
by Nikita Agrawal, Ruby Bansal
Abstract: The key aim of the research is to explore the green human resource management practices in India and to detect the challenges encountered in this context. The research was conducted in two stages namely, through review of literature and then through case study technique in which information was collected from manufacturing organizations as manufacturing sector largely employs natural resources, affecting both social responsibility and sustainability. On analysis the functions of HRM have been specified in the process format along with detailed division of GRM practices. The study brings out major GHRM practices and explains the challenges with measures to overcome them. It thus presents the role of function of HRM towards creating an organization which is green as well as the green HRM practices current trends to ensure social responsibility and sustainability.
Keywords: Green Human Resource Management.
Impact of Learning through Live Projects on Sustainable Employability Generation - Checking Moderating Role of Education; an Empirical Study
by Dr. Madhu Arora, Abha Gupta
Abstract: Purpose: The study will explore the influence of insights or skills developed by doing live projects like developing professionalism, communicating effectively, social accountability and accounting, self-management, analyzing data and using technology on the Sustainable employability trait of the student. Also the moderating effect of the educational qualification on the stated relationship will be explored. The study uses the sample of 454 students from all over the country and performs Structural Equation Modeling to assess the links between learning from doing live projects like like developing professionalism, communicating effectively, social accountability and accounting, self-management, analyzing data and using technology and Sustainable employability. The study finds a significant relationship between live projects and employability. Learning from doing live projects increases the chance of employment for the students. i.e. developing professionalism, communicating effectively, social accountability and accounting, self-management, analyzing data and using technology influence the employability of the student in a statically significant manner. Research limitations /Implications: The study is done with a sample of 454 students focusing only on employability generation. Other factors like leadership quality, teamwork experience, high morale etc have been ignored and can be studied in future researches. Practical Implications: The findings of the study suggest managers/top management of the organization that there is a need to improve the quality of live projects offered to students as live projects directly influence the employability. It also provides insights to the management institutes to motivate their students to undertake more and more live projects. This will generate more employment opportunities to the students and will provide more choices to the students for starting their professional career. Originality: This study contributes in the domain of live projects and suggested live projects as major antecedent for employability generation among students The study establishes the link between learning from live projects and employability along with moderating effect of educational qualification.
Keywords: Live Projects; Sustainable; Employability; Educational Qualification.
ACHIEVING SUSTAINABILITY THROUGH FINANCIAL LITERACY TRAINING
by Swati Puri
Abstract: Minimal is known about the causal impact of financial literacy training on improved financial outcomes. This is due to minimal research being carried out in this regard. This may be attributed to the fact that evaluating the impact of financial education is a daunting task. However, the few studies that have been conducted in different parts of the world indicate that financial literacy programmes can make a difference. It has also been highlighted by few authors that financial literacy i.e. the knowledge regarding money, is linked to sustainable financial behavior of individuals. The present study is thus an attempt to measure the level of financial literacy of retail investors in Delhi and to identify whether there is any significant difference in financial literacy scores of those who attended financial literacy/awareness training/programme and those who did not attend any financial literacy/awareness training/programme. The data has been collected from 350 retail investors approximately half who have attended Financial Literacy Training Programme organized by SEBI or any other such institution and others who have not attended any such programme. The statistical analysis made through Cramers V and students t-test reveals that the mean financial literacy score of those who have attended financial literacy programmes is significantly different from those who have not attended any training.
Keywords: Financial Literacy; Financial Outcomes; Retail investors; SEBI; Training Programmes.
Natural convergence of sustainability, governance and responsibility: a case study on CIAL: Indias Green Port
by Filomina P. George
Abstract: Sustainability is a comprehensive approach in the management of the organisation. The adoption of social responsibility and good governance as the underlying philosophy of business can lead to sustainable growth. Sustainability evolves through the transformation of the organisation by the creation of long-term value through innovation in response to the challenges encountered that impact the economic, social and environmental setting. The integrative nature of sustainability with corporate social responsibility (CSR), Environmental care and good Governance ensures safeguarding the triple bottom line that leads to sustainable growth as a natural course. This study illustrates how social responsibility, care for the environment and energy conservation emanate from good governance and innovation and how they form integral parts of the growth agenda at CIAL in its pursuit of sustainability.
Keywords: CSR; corporate social responsibility; sustainability; governance; innovation; sustainable development goals; green initiatives; solarisation; Greenport; CIAL.
Special Issue on: ARTEM OCC 2020 Sustainability Multidisciplinary Creativity, Innovation and Sustainability in the Age of Disruptions
The North-South divide in business leaders' moral sentiment: a problem for global sustainability?
by David A.L. Coldwell
Abstract: A North-South divide exists in terms of the correct balance between socio-economic and political behaviour that emphasises ecocentric, environmentally conservationist policies over anthropocentric policies that favour economic growth and the provision of basic human needs, whether they are environmentally friendly or not. However, in addition to the North-South ecocentric/anthropocentric divide, there are key differences in moral values. The North, broadly speaking being more individualistic in orientation and the South, particularly Africa, being more communalistic in orientation. The paper describes the development of a theoretical model of anthropocentric and ecocentric orientation that takes account of both the North-South divide in leader moral sentiment and extant pressures for economic development vis a vis environmental preservation. The paper uses secondary data to highlight differences of moral sentiment between the North and the South and analyses these aspects with the use of an exploratory model of ecocentric and anthropocentric orientations.
Keywords: North-South divide; climate; anthropocenteric; ecocentric; moral sentiment; sustainability.
An integrated conceptual model to secure digitally enabled smart grid towards sustainable energy
by Vicent Mbonye, Indira Padayachee, Prabhakar Rontala Subramaniam
Abstract: Ensuring sustainable energy is vital in attaining several sustainability development goals. However, while there has been significant progress in delivering universal electricity access to attain these goals, it is projected that more than 670 million people will not have electricity access in 2030. Smart grid projects are currently underway in South Africa to address many energy challenges and provide more sustainable energy sources to the public. However, the literature shows that smart grids face various security threats that undermine their reliable operation. This paper argues that an essential part of the problem is that most stakeholders conduct security initiatives in silos. This paper adopts a systematic review approach and proposes an integrated model that could help the state and other smart grid stakeholders address smart grid security threats.
Keywords: smart grid; South Africa; sustainability; cyberattack; threats; energy; governance; collaboration; security; sustainable development goals.
Special Issue on: ICONIS 2020 Fuzzy Systems in Innovation Management and Sustainability
Environmental and socio-technical transitions in IBEX 35 companies: fsQCA analysis of the media representation of innovation and sustainability
by Fernando Castelló-Sirvent
Abstract: Socio-technical transitions and environmental transformation have an important reflection on the decisions of companies. The analysis of the reality refracted in public opinion is a proxy to the change in the management styles of large companies. This paper analysed the sustainability strategies of companies indexed in the IBEX 35. First, a semantic and contextual analysis of 424 news items published in the press for the 35 main Spanish companies during 2019 was carried out using T-LAB software. The Factiva database, owned by Down Jones and Company was used. Second, an fuzzy set qualitative comparative analysis (fsQCA) analysis was carried out to analyse the dissemination blueprints in international media of the green strategies of the IBEX 35 companies. Economic and media attributes were used to analyse the causal relationship. The results suggest the design and implementation of different strategies for the international media representation of business sustainability.
Keywords: socio-technical transitions; strategy; fuzzy set; QCA; qualitative comparative analysis; fsQCA; fuzzy set qualitative comparative analysis; factiva; IBEX; IBEX 35; green strategies; media representation; fsQCA robustness; fsQCA robustness coefficient.