Environmental value is a central concept in entrepreneurship research addressing issues of sustainability. However, current accounts often reduce environmental value to predefined categories that can be realized through individual business activities and thus underplay the relational and collective efforts for value to be constituted. We address this by blending theories of entrepreneurship as practices

Eco-industrial parks (EIPs) combine the concepts and principles of industrial ecology (IE) and industrial symbiosis (IS) to enable environmentally-friendly industrial manufacturing capacity. The current reality is that many EIPs are developed from ageing industrial parks (IPs). However, how such EIP transformation projects are managed by diverse public and private stakeholders is largely unknown. This

Circular economy principles are usually dissociated from strategic planning practices, and there seems to be no guidance on how to decide on competitive strategies to establish circular business models. Therefore, this article aimed to propose a strategic planning decision framework oriented to circular business models (SPDF-CBM) and test it by conducting a case study of a Brazilian company from the

Women's entrepreneurship at the base of the pyramid can offer a way out of poverty for families, foster the development of communities, and provide a route to modernizing countries. Yet, we know little about what entrepreneurship means for the well-being of these entrepreneurs. This study investigates the well-being of marginalized women entrepreneurs engaged in an entrepreneurship training and venture

Digitisation has raised concerns about how it can transform the growth of productivity in firms and its divergence around the world. Given that literature has focused mainly on confirming firm productivity gaps, research on the explanatory role of digital-based complementarities in productivity gaps has been scarce. This work aims to provide evidence on the digital divide and its causes in small and

Digital equity crowdfunding platforms have brought an unprecedented number of international investment opportunities to investors' reach. Although most equity crowdfunding investments are still made domestically, cross-border investments often have a decisive role in a campaign's success. We therefore ask what drives cross-border investments and theorize how international investors' attention directs

This paper presents a stakeholder perspective to study tensions in hybrid organizations (HOs). In this study, we investigate social enterprises (SEs) as emblematic cases of HO. The paper responds to literature that calls for studies about the interactions with stakeholders and proposes the relational paths SEs can implement to alleviate the emerging tensions between environmental–social and business

For responsible business, green manufacturing (GM) and its management demand an in-depth examination of key areas which offer strategic advantage to the company while minimising environmental damage. It is significant in the context to a rapidly rising economy India, which is emerging as manufacturing hub for the globe and is also infamous for its greenhouse gas (GHG) emissions. This research offers

The event study or event study method (ESM) is an empirical technique for capturing investors’ reaction to an event affecting one or more publicly traded firms. The ESM has been little employed in international business (IB) research despite its frequency in accounting, economics, and finance; for example, only two percent of the empirical articles in JIBS over 1970–2019 include an event study. While

As a concern with manufacturing industries, circular economy (CE) practices—often labeled “circular manufacturing (CM)”—are industrial tasks through which several circular economy principles have been integrated. Among these circular manufacturing strategies, “3R” (recycle, refurbish/remanufacture, and reuse/redistribute) is the key strategy that assists the manufacturing industry with closing the

Real-world experiments are best suited for testing and validating novel circular business models (CBMs). Despite the increasing prominence of experimentation in CBM research, there is a lack of investigations on how firms manage and organize CBM experiments. This study aims to fill this research gap by examining the organizational capabilities needed to orchestrate CBM experiments, beyond prototyping

The paper examines the impact of banks environmental performance on their financial and market performance. We collect data from 56 gulf cooperative council (GCC) banks for the period 2010–2019. We apply ordinary least square (OLS), fixed effect, and generalized method of moments (GMM) estimation techniques and show that GCC banks' environmental performance negatively affects their accounting performance

Sustainable development goals (SDGs), adopted by the United Nations in 2015, are gaining importance in all the industrial sectors. The attainment of SDGs will lead to simultaneous betterment of human lives, environment and economic prosperity. Therefore, the adoption and implementation of SDGs in the supply chain (SC) activities is the need of the hour. In this regard, there is a need to analyse the

Mitigating climate change effects requires investors (and their proxies, fund managers) to shift their business-as-usual strategies. This article analyzes Environmental, Social, and Governance (ESG) investing behavior through more than 13,000 messages exchanged by finance professionals from 2017 to 2020. There is a consensus that low and high ESG firms' discrimination is a necessary but not sufficient

This study conducts machine-aided textual analysis on 725 corporate sustainability reports and empirically tests whether climate ‘talk’ within the sampled reports translates into performance ‘walk’, proxied by changes in greenhouse gas emissions over a 10-year period. We find mixed results for the ‘talk–walk’ hypothesis, depending on the type of talk and the associated climate change actors involved

Anthropomorphic voice assistants (e.g., Amazon Alexa) enable users to use natural-language voice commands to control “smart” objects and access the internet for information, shopping, and entertainment. Most manufacturers of voice assistants allow other firms to develop software (i.e., voice assistant functions, VAFs) related to their products and services that add new capabilities to voice assistants

This study examines whether a country's level of democracy is associated with greenhouse gas emission intensity of corporations and if national culture influences this association. Using cross-country evidence, we find that firms operating in countries with strong democratic institutions are negatively associated with carbon emission intensity controlling for other country-level variables. Democracy

The recent climate emergency declaration by many nations around the world signifies the severity of the impact of climate change. As an entity which consumes a large quantity of resources ranging from material to human, corporations have a responsibility to seriously tackle climate change. As a company's board of directors is typically responsible for developing business strategies, including environmental

The linear economy model is being transformed into a circular model to positively impact the environment, society, business, and sustainable development goals. However, emerging economies such as India face many significant roadblocks adapting to a circular model. Therefore, this study attempts first to assess and visualize the roadblocks in circular economy adoption in Indian micro, small, and medium

Contractor (J Int Bus Stud, 2022 ) argues that the COVID-19 pandemic has only accelerated changes in the world economy that had already started, and that the fundamental rationale for globalization remains. Although we agree with much of Contractor’s analysis and conclusions, we argue that in the case of large family-owned multinational enterprises (MNEs), international behavior after the pandemic

Sustainable labeling schemes are frequently used to simplify decisions for consumers, for example, in financial contexts, and to subsequently promote sustainable investments. The purpose of this research is to, against the backdrop of dual processing theories, outline consumer reactions to sustainability-oriented investment labels. Experimental results from a representative sample show that objective

The reduced environmental impact of different forms of transport will contribute to achieving more sustainable cities as a result of more responsible consumption. As a result, this study's main purpose is to clarify the way in which the system, regime and niche dynamics that make up the MLP are interrelated, when it comes to explaining the day-to-day use, or lack of use, of micromobility services.

We investigate how potential co-founders' perceptions of a founder's obsessive passion (OP) influence the decision to join a venture team. Using a conjoint experiment with a primary sample of 116 founder-entrepreneurs and validating it with an additional sample of 59 founder entrepreneurs, we found that potential co-founders were more likely to join if they perceived that the founder had OP for developing

We posit that international business and the emergence and spread of communicable diseases are intrinsically connected. To support our arguments, we first start with a historical timeline that traces the connections between international business and communicable diseases back to the sixth century. Second, following the epidemiology of communicable diseases, we identify two crucial transitions related

Assessing the economic consequences of sustainable production choices aimed at reducing negative environmental externalities is crucial for policy making, in light of the increasing interest and awareness experienced in recent EU policy packages. This assessment is one of the goals of the current work, which tries to provide new empirical evidence on the economic returns of circular economy practices

The increasing population and income inequality in the last decades have made it necessary to focus on the concept of sustainability. In the changing world order, with economic crises, instabilities, pandemics, and social media, sustainability awareness differs significantly from past years. In addition, developing new technologies and concepts (big data, blockchain, IoT, robotic, etc.) plays a crucial

Governments and corporations around the world are increasingly pressured to manage climate-related business risks and reduce their carbon footprint. Consequently, a growing number of corporations have started implementing internal carbon pricing (ICP) programs, assigning a monetary value to their carbon emissions as a mitigation and adaptation mechanism. This paper explores the motives underlying voluntary

An organisation's sustainability performance is influenced by its capabilities (skills, resources and competences) which in turn affects the performance of its entire supply chain. However, recent research has not sufficiently explored the convergence of dynamic capabilities, circular economy, resilience and Industry 4.0 concepts for manufacturing supply chains. Therefore, this study aims to identify

The advent of blockchain technologies is transmuting the way conventional supply chains are being managed. Due to the complexity of dealing with many actors involved in the supply chain networks, contemporary supply chains have limited visibility, transparency, and accountability. Likewise, supply chains are increasingly facing the challenge of integration and sustainability. In this vein, blockchain

Research on the potential impact of environmental sustainable development initiatives such as environmental collaboration with the supplier (ECS) on environmental and manufacturing performance is inconclusive. Specifically, it has overlooked the intermediary role that dynamic capabilities play in the relationship between ECS and performance. This explains why previous research, while correct in theory

Because sustainability management plays a vital role in firm performance, it is critical to understand the underlying mechanisms that drive better firm performance with sustainability adoption. Thus, drawing upon responsible leadership theory and the dynamic resource-based view, this study examines how the level of sustainability adoption influences firm performance, both environmental and financial

Numerous studies have investigated the factors that drive or curb greenwashing activities, but few have discussed the other side of the coin, brownwashing, the underreporting of environmental achievements, another form of corporate decoupling that is harmful for stakeholders. Using a sample of 5459 firm–year observations over the period 2007–2017, this study tests and finds that industry leaders brownwash

Entrepreneurship involves cooperative efforts in which multiple stakeholders and resources are brought together to develop a valuable product or service. Accordingly, one key process through which entrepreneurs make progress exploiting their opportunities is by identifying, selecting, enrolling, and coordinating a network of stakeholders. However, although there is a widespread realization that bringing

Advancements in conversational Artificial Intelligence (AI) have led to rapid growth in firms’ use of AI chatbots in customer service roles. While the shareholder wealth effects of AI chatbots have yet to be investigated, recent findings suggest that AI investment may contribute negatively to firm value. This cautionary evidence, and the growing prevalence of AI chatbots, underscore that a clear understanding

This research investigates online consumer behavior in an e-commerce context with a focus on consumer online shopping cart use and subsequent cart abandonment. A model rooted in the Uses and Gratifications Theory, the Unified Theory of Acceptance and Use of Technology, and the concept of the purchase funnel is developed to explain the predicted relationships. Empirical findings based on clickstream

Incentivized referrals are frequently used by firms to recruit new customers. Currently, most companies use two-sided incentive plans that reward both the referrer and the target. This is sensible and likely popular since both parties (the existing customer and target of the referral) are rewarded, potentially increasing the likelihood of successful referral conversion. That said, a small number of

The familiar state of tension associated with an incomplete collection or an unfinished jigsaw puzzle is predicted by Lewin’s (1926; 1935) field theory. This feeling evokes a drive to completion—a phenomenon we label the incompleteness effect—which is useful to marketers endeavoring to cross-sell products and services. In three studies using online product configurators, we find that consumers faced

The current work examines how consumers respond to luxury products designed with significant utilization of technology. It delineates two inherent values of luxury products—emotional and functional—and argues that utilizing technology in the luxury product design process negatively impacts the emotional value but enhances the associated functional value. Such paradoxical impact of AI-led design on

Artificial intelligence assistants (AIAs) such as Alexa are prevalent in consumers’ homes. Owing to their powerful artificial intelligence, consumers may perceive that AIAs have a mind of their own, that is, they anthropomorphize them. Past marketing research points to beneficial effects of AIA anthropomorphism for consumers and companies, while potential harmful effects have not been empirically explored

‘Born sustainable firms’ (BSFs) — firms founded with an explicit strategic intent to operate in a sustainable manner play an important role in the sustainability transition and represent a significant but underutilized research site. Adopting the dynamic capabilities (DC) perspective, this paper explores BSFs' pursuit of their environmental and social goals. Having first assessed and confirmed its

Bioeconomy strategies worldwide emphasize the importance of entrepreneurship in the transformation toward a sustainable and circular bioeconomy. However, the bioeconomy transformation itself also offers great opportunities for creating new ventures. Based on interviews with bioeconomy entrepreneurs from six European countries, we investigate how entrepreneurial opportunities emerge in the bioeconomy

Our study provides novel insights into how women influence SME innovation in emerging markets, despite the resource-constrained and gender-restrictive contexts in which they are embedded. Building from transactive memory (TM) theory and using data from 741 SMEs in 33 emerging markets, we develop and test a contextualized framework of SME innovation that considers gendered effects in ownership, workforce

This study empirically explores the role of social capital in creating collaborative innovation and collective intelligence and maintaining organizational sustainability in the unprecedented COVID-19 crisis. Data were collected from a sample of 289 managers, directors and heads of departments of top 50 manufacturing firms in Jordan and analyzed using Smart-PLS-SEM. The results indicate that social

In today's global economy, organizational effectiveness and innovation have become top priorities, putting pressure on all businesses worldwide. Therefore, this study aims to explore the impact of organizational culture on effectiveness through organizational innovation. We analyzed organizational resistance as a boundary condition on the relation of organizational innovation and effectiveness to seek

Despite the worldwide surge in smartphone use, there are no classification metrics based on its use. In this article, a comprehensive concept called ‘Cellulographics’ is introduced for characterization of smartphone users, which includes behavioral classification based on user characteristics like smartphone experience (SE), smartphone use skill (SUS), smartphone internet experience (SIE), smartphone

Adopting green practices does not always guarantee customer retention and loyalty. Employing the theoretical lens of cue utilization theory, we conceptualize green perceived quality as sending internal and external cues which help consumers form judgments about product quality and perceived value. Based on a survey of 280 restaurant customers, we hypothesize and report a positive and significant influence

Premium organic retailers are specialist retailers that exclusively offer organic products. Past literature has not studied their entry, focusing instead on the impact of generalist store entry, such as Wal-Mart. This study examines the impact of premium organic specialist store entry on category performance at incumbent generalist stores for 47 packaged food and beverages categories. The results indicate

This study evaluates how economic policy uncertainty (EPU) affects firm shareholder wealth. It further investigates the moderating roles of marketing, operations, and R&D capabilities in this relationship. Analysis of longitudinal data, collected from a large sample of firms across multiple industries in the United States, reveals a complex picture. Results show that although EPU lowers firm value

Innovation strategies for the promotion of solid waste recycling technologies include not only new technologies for resource utilization of solid waste but also sustainable business models to support the adoption of these technologies. This study presents how to incorporate the determinant factors affecting technology promotion and business strategy into a sustainable business model for the promotion

The digitalisation of industrial production and the actual positive and negative consequences for sustainable development are not yet sufficiently understood. This study describes and evaluates the linkages between corporate digitalisation and sustainability management based on qualitative data analysis of sustainability reports of DAX 30 companies and applying the concept of sustainability worldviews

Blockchain is increasingly lauded as an enabler of the transition to a circular economy. While there is considerable conceptual research and some empirical studies on this phenomenon, scholars have yet to develop a theoretical model of blockchain's role in this transition. Grounded in the sustainability transition literature, this paper addresses this gap through the following research question: What

We theorize that both highly rational entrepreneurs and entrepreneurs with a high need for cognitive closure (NFCC) are likely to put more emphasis on retrospective factors (period and degree of underperformance, personal investments) and less on prospective factors (risk of going into default, potential for growth, personal options) when deciding whether to persist with an underperforming venture

This study examines the relationship between the adoption of blockchain technology and environmental efficiency by using a sample of US firms over the 2015–2019 period. Our results indicate that the adoption of blockchain technology is positively and significantly associated with environmental efficiency, suggesting that blockchain improves environmental sustainability. In further analyses, we determine

We examine issues associated with various operational measures and model specifications in marketing-duality research that focuses on either a balancing or a combining perspective. In Study 1, we use archival data to demonstrate various operationalizations and models that subscribe to either perspective to test the impact of the exploration::exploitation duality, which produce mixed results. We then

While physical beauty has been argued to represent a scarce commodity due to genetic differences in physical attractiveness, we contend that the same notion of scarcity can apply to product aesthetics. In the current research, we investigate how the scarcity inherent in product aesthetics mobilizes the exertion of effort to acquire beautiful products. In other words, to what lengths are consumers willing

The relationship marketing literature largely overlooks the most common type of loyal consumer, one who feels no personal attachment to a firm (Guo et al., Journal of the Academy of Marketing Science,45(3), 357–376, 2017). To explain why so many consumers engage in this pragmatic form of loyalty, we bridge the loyalty and relationship marketing literature to reconsider the conceptualization and measurement