Conclusions: Multi-stakeholder Engagement for Innovative Organization

Megumi Suto () and Hitoshi Takehara ()
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Megumi Suto: Waseda University
Hitoshi Takehara: Waseda University

Chapter Chapter 9 in Stakeholder Engagement and Innovation in Japan, 2025, pp 225-236 from Springer

Abstract: Abstract This book highlights CSR and R&D strategies as critical components for achieving corporate sustainability, which form a micro-foundation of social and economic sustainable development. From a stakeholder management perspective, we present empirical analyses investigating channels that link CSR and R&D strategies to organizational capabilities for enhancing competitive advantages amid changing environmental, social, and economic conditions. Based on the empirical results, we confirm the significance of aligning CSR and R&D strategies as a tandem approach to achieving corporate sustainability. With the growing urgency of addressing environmental and social issues globally, this book emphasizes the increasing importance of strategic multi-stakeholder engagement of business corporations to continuously involve stakeholders in long-term value creation and innovation—an indispensable step toward achieving a common sustainable development agenda.

Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-96-0316-9_9

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DOI: 10.1007/978-981-96-0316-9_9

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