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dc.contributor.authorGhassim, Babak
dc.contributor.authorBogers, Marcel
dc.date.accessioned2019-12-11T13:48:28Z
dc.date.available2019-12-11T13:48:28Z
dc.date.issued2019-03-27
dc.description.abstractFirms' capability to develop sustainability-oriented innovation (SOI) can be enhanced by stakeholder engagement (SE) in order to acquire a wide range of external knowledge to support innovation efforts and outcomes. While we understand some of the transactional and relational attributes at stake for firms to leverage engagement with external stakeholders, we do not yet fully understand all the underlying mechanisms that are conducive to greater SOI outputs. At the same time, stakeholder theory emphasizes the importance of such engagement for firms’ financial performance (FP), even though the related findings are far from conclusive. Therefore, this paper suggests and tests a mediation model to investigate the associations between SE, SOI and FP. Based on data collected from 101 mineral companies in Norway, the results show that both transactional and relational interactions are important for improving SOI outputs, and that SOI fully mediates the association between SE and FP (measured by profitability). This suggests that external engagement activities do not directly link to FP, and that the financial benefit begins to appear once a firm is able to transform the acquired knowledge from external stakeholders into innovative outputs. Such open innovation approach thus requires a sustainability orientation to ultimately materialize into a performance benefit.en_US
dc.identifier.citationGhassim B, Bogers M. Linking stakeholder engagement to profitability through sustainability-oriented innovation: A quantitative study of the minerals industry. Journal of Cleaner Production. 2019;224(1):905-919en_US
dc.identifier.cristinIDFRIDAID 1699960
dc.identifier.doi10.1016/j.jclepro.2019.03.226
dc.identifier.issn0959-6526
dc.identifier.issn1879-1786
dc.identifier.urihttps://hdl.handle.net/10037/16903
dc.language.isoengen_US
dc.publisherElsevieren_US
dc.relation.journalJournal of Cleaner Production
dc.relation.urihttps://www.sciencedirect.com/science/article/pii/S0959652619309357
dc.rights.accessRightsopenAccessen_US
dc.subjectVDP::Technology: 500::Rock and petroleum disciplines: 510en_US
dc.subjectVDP::Teknologi: 500::Berg‑ og petroleumsfag: 510en_US
dc.subjectVDP::Social science: 200::Economics: 210::Business: 213en_US
dc.subjectVDP::Samfunnsvitenskap: 200::Økonomi: 210::Bedriftsøkonomi: 213en_US
dc.titleLinking stakeholder engagement to profitability through sustainability-oriented innovation: A quantitative study of the minerals industryen_US
dc.type.versionacceptedVersionen_US
dc.typeJournal articleen_US
dc.typeTidsskriftartikkelen_US
dc.typePeer revieweden_US


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