Green entrepreneurship and SME performance: the moderating effect of firm age

Green entrepreneurship has been increasing with growing attention to environment protection by a variety of stakeholders. Green innovation, as the essence of green entrepreneurship, has attracted a broad range of scholarly attention with yet inconclusive findings regarding its effect on firm perform...

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Detalles Bibliográficos
Autores: Yin, Chenli, Salmador Sánchez, María Paz, Li, Dan, Lloria, M. Begoña
Tipo de recurso: artículo
Fecha de publicación:2022
País:España
Institución:Universidad Autónoma de Madrid
Repositorio:Biblos-e Archivo. Repositorio Institucional de la UAM
Idioma:inglés
OAI Identifier:oai:repositorio.uam.es:10486/710466
Acceso en línea:http://hdl.handle.net/10486/710466
https://dx.doi.org/10.1007/s11365-021-00757-3
Access Level:acceso abierto
Palabra clave:Firm performance
Green entrepreneurship
Green innovation
Green invention innovation
Green utility-model innovation
SME
Empresa
Descripción
Sumario:Green entrepreneurship has been increasing with growing attention to environment protection by a variety of stakeholders. Green innovation, as the essence of green entrepreneurship, has attracted a broad range of scholarly attention with yet inconclusive findings regarding its effect on firm performance. According to our analyses of 1667 firms listed on SME board and GEM in China during the period from 2010 to 2019, we find interesting results regarding the type of green innovation involved and the moderating effect of firm age on the link between green innovation and SME performance. More precisely, we find green utility-model innovation positively influences firm performance for SMEs, whereas green invention innovation does not contribute to firm performance overall. More interesting, our empirical results suggest that older firms benefit more from both green invention innovation and green utility-model innovation than younger firms. This research contributes to the literature on green entrepreneurship as well as green innovation