Corporate social responsibility driven innovation - Mines Saint-Étienne
Journal Articles Innovation / Innovation: The European Journal of Social Science Research Year : 2014

Corporate social responsibility driven innovation

Abstract

This study identifies the substantial relationship between corporate social responsibility (CSR) and innovation activities of firms. Using the French Vigeo sustainability rating and the Thomson Reuters, we divided 619 firms into groups by their industry sectors, regions, and firm characteristics such as size and age. We premise that innovative investment is needed to prepare tomorrow's profits not only by considering investments in technology and in R&D, but also by dealing with sustainability to human, social, environmental, technical, and economic investments. Consequently, when the firm manipulates its short- and long-run business strategies, the consideration of the correlation between types of investment and CSR initiatives will lead to more cooperating effect on the outcome of investments. The findings provide a comprehensive understanding on the effect of sustainable management strategies on the innovation and sustainability of firms.
No file

Dates and versions

emse-01009999 , version 1 (19-06-2014)

Identifiers

Cite

Yunhee Kim, Christian Brodhag, Desta Mebratu. Corporate social responsibility driven innovation. Innovation / Innovation: The European Journal of Social Science Research, 2014, Volume 27 (Issue 2), p. 175-196. ⟨10.1080/13511610.2014.915191⟩. ⟨emse-01009999⟩
255 View
0 Download

Altmetric

Share

More