Synergy in environmental compliance, innovation and export on SMEs' growth

Quoc Tran-Nam, Phu Nguyen-Van and Tuyen Tiet
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Quoc Tran-Nam: International University HCMC [Vietnam] - International University

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Abstract: Although numerous studies examine the impacts of environmental compliance and innovation on a firm's economic performance, the role of export activities in this nexus has remained unanswered. In this study, we revisit the Porter hypothesis by investigating synergy strategies of dierent environmental and economic practices (i.e., environmental compliance, product innovation, process innovation and having export activities) on total factor productivity (TFP) of Vietnamese manufacturing SMEs. Our results suggest that while encouraging either product or process innovation is also essential in the environment-promoting policy, joint implementation of these two practices should be carefully considered by managers. Moreover, entering export markets positively impacts rms' productivity; complying with the domestic/local environmental standards could signicantly increase the chances for SMEs to enter the export markets

Keywords: Environmental compliance; Export; Product innovation; Process innovation; Productivity; SMEs (search for similar items in EconPapers)
Date: 2024-02-13
New Economics Papers: this item is included in nep-cse, nep-eff, nep-env, nep-sbm, nep-sea and nep-tra
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Published in Economics of Innovation and New Technology, 2024, 34 (1), 44 p. ⟨10.1080/10438599.2024.2315506⟩

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Journal Article: Synergy in environmental compliance, innovation and export on SMEs’ growth (2025)
Working Paper: Synergy in environmental compliance, innovation and export on SMEs' growth (2024)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04441426

DOI: 10.1080/10438599.2024.2315506

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