Impact of technology-enabled product eco-innovation: Empirical evidence from the Chinese manufacturing industry

Myat Su Han, Ma, Shuang (Sara), Yonggui Wang and Qinghong Tian

Technovation, 2023, vol. 128, issue C

Abstract: The advent of global environmental problems has been exacerbated by rapid industrialization; however, these challenges can be addressed through business model innovation enabled by technological advancements. While numerous academic works have investigated the results of technology-enabled business model innovations in a variety of environmental sustainability contexts, the application of technological improvements to product eco-innovation (PEI) has received comparatively less scrutiny. To bridge this research gap, our study aims to examine the impact of technology-enabled PEI as well as the boundary conditions. Grounded in the resource-based view, we developed a conceptual framework, which we investigated via hierarchical regression analysis using online survey data from 280 Chinese manufacturing firms. The results reveal that technology-enabled PEI has a positive impact on both economic and environmental performance. This positive impact is amplified by a high level of firm IT capability and high fiscal policy incentives. This study provides a deeper understanding of the performance ramifications of technology-enabled PEI as well as managerial insights for promoting economic and environmental sustainability in the manufacturing industry.

Keywords: Technology-enabled product eco-innovation; IT capability; Fiscal policy incentives; Economic performance; Environmental performance; Resource-based view (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:techno:v:128:y:2023:i:c:s0166497223001645

DOI: 10.1016/j.technovation.2023.102853

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