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Item type:Publication, Eco-innovation and firm performance: Evidence from South America(MDPI, 2022-08-01)Eco-innovation has received a great deal of attention in academia and the business sector because it promotes a firm’s sustainable development and seeks to improve its performance. The prime objective of this study was to analyze the effect of the process, organization, and product eco-innovation on the company’s financial and environmental performance. Using a structural equation model estimated by maximum likelihood and a sample from 214 South American manufacturing companies in Colombia, Ecuador, and Perú, we found that organizational eco-innovation (OE) and process eco-innovation (PCE) are positively and significantly associated with the firm’s environmental and financial performance. In contrast, product eco-innovation (PDE) is not significantly associated with the two types of performance described. Likewise, OE has a significant and positive indirect influence on PDE, environmental performance, and financial performance. These findings suggest that OE and PCE positively affect the firm’s performance. On the contrary, PDE does not have this effect, extending the discussion that eco-innovation is specific to the context of the study. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Intellectual capital and financial performance in small manufacturing companies: The moderating effect of managerial ambidexterity(Institute of Electrical and Electronics Engineers Inc., 2024-01-01)We verify the moderating effect of managerial ambidexterity on the relationship between intellectual capital and financial performance of small manufacturing companies in Peru. The study used a quantitative, non-experimental, cross-sectional design. The sample consisted of 506 small manufacturing firms. To determine the hypothesised model’s validity and reliability, we performed an exploratory factor analysis using a rotated component matrix to group questions within their corresponding constructs. Next, we assessed convergent and discriminant validity using measures such as Cronbach’s alpha, composite reliability, and average variance extracted. Finally, we tested the model hypotheses using structural equation modelling. SPSS 27 and AMOS 24 were used for all analyses. The study showed that there is a partial moderating effect of managerial ambidexterity on the relationship between intellectual capital and financial performance of small manufacturing firms in Peru. Additionally, statistical analysis showed that managerial ambidexterity moderates the direct relationship between structural capital and relational capital with financial performance, while no moderation effect was observed for human capital. This study provides valuable information for academia and management as it is the first to analyse the relationship between intellectual capital and financial performance, considering the moderating effect of managerial ambidexterity in small manufacturing firms in Peru. This innovative approach makes a significant contribution to scientific knowledge by investigating how managerial ambidexterity affects the financial performance of businesses in emerging economies, an area that has received little prior research.