Necessity as the mother of "green' inventions: Institutional pressures and environmental innovations

被引:1245
作者
Berrone, Pascual [1 ]
Fosfuri, Andrea [2 ,3 ]
Gelabert, Liliana [4 ]
Gomez-Mejia, Luis R. [5 ]
机构
[1] IESE Business Sch, Madrid, Spain
[2] Univ Carlos III Madrid, Madrid, Spain
[3] Bocconi Univ, I-20136 Milan, Italy
[4] IE Univ, IE Business Sch, Madrid, Spain
[5] Texas A&M Univ, Mays Business Sch, College Stn, TX USA
关键词
environmental innovation; institutional theory; regulatory pressures; normative pressures; resource-based view;
D O I
10.1002/smj.2041
中图分类号
F [经济];
学科分类号
02 ;
摘要
Drawing on institutional theory and innovation literature, we argue that greater regulatory and normative pressures concerning environmental issues positively influence companies' propensity to engage in environmental innovation. Analysis of environment-related patents of 326 publicly traded firms from polluting industries in the United States suggests that institutional pressures can trigger such innovation, especially in those firms displaying a greater deficiency gap (i.e., firms polluting relatively more than their industry peers). Moreover, we find that this effect is stronger when asset specificity is high, and that the availability of resources plays different roles depending on the type of pressures (regulatory vs. normative).Copyright (c) 2012 John Wiley & Sons, Ltd.
引用
收藏
页码:891 / 909
页数:19
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