An open-minded strategy towards eco-innovation: A key to sustainable growth in a global enterprise

Juan Gabriel Cegarra-Navarro, Armando Papa, Alexeis Garcia-Perez, Fabio Fiano

Research output: Contribution to journalArticle

2 Citations (Scopus)

Abstract

This study examines the extent to which business performance in global enterprises can be influenced by three key factors in the current dynamic, socio-economic context. These are: (1) an open organisational culture derived from an open-mindedness attitude, (2) an organisation's investments in innovation in environmentally friendly and health-conscious products and services, and (3) customers' perception of risk of information security and privacy concerns derived from their engagement with the organisation and its products and services. Taking Apple as the basis for our study, an empirical investigation of 161 of its customers from a variety of socio-economic and cultural backgrounds, our results indicate that a culture of open mindedness relates, indirectly and though environmental product innovation, to the way the firm addresses the privacy concerns of end users. This, in turn, helps addressing the privacy concerns of the customer base and, simultaneously improves firms' performance, offering a mix-blended source of strategic advantage. Based on a leading innovation company in the U.S. and globally, and one of the most important names in the technology industry, lessons can be learned from our study both for further theoretical developments and for management practice in a variety of knowledge-intensive, global enterprises.

Original languageEnglish
Article number119727
JournalTechnological Forecasting and Social Change
Volume148
Early online date4 Sep 2019
DOIs
Publication statusPublished - Nov 2019

Keywords

  • Eco-innovation
  • Global enterprise
  • Open-mindedness
  • Organisational performance
  • Privacy concerns
  • Technology users

ASJC Scopus subject areas

  • Business and International Management
  • Applied Psychology
  • Management of Technology and Innovation

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