Examinando por Autor "Chistov, Valery"

Mostrando 1 - 3 de 3
  • Miniatura
    Ítem
    Open eco-innovation: aligning cooperation and external knowledge with the levels of eco-innovation radicalness
    (Elsevier B.V., 2023-06) Chistov, Valery ; Carrillo Hermosilla, Javier; Aramburu Goya, Nekane
    The most pressing environmental challenges of our society require radical solutions that would redesign the ways we produce, deliver, and consume goods and services. However, little is known about what actually drives the development of radical eco-innovations. This paper explores the concept of Open Eco-innovation (OEI), an innovation model that leverages external knowledge, resources, and partnerships to enhance internal eco-innovation. Based on the sample of 2 934 Spanish firms from a mixed variety of industries, we demonstrate that an open innovation approach is crucial when firms pursue eco-innovations, particularly when aiming for more radical solutions. Unlike other studies, we show that this importance varies depending on the forms of opening (cooperation vs. sourcing external knowledge), the choice of knowledge partners, and the intended level of eco-innovation radicalness. This paper addresses a gap in understanding the selection of appropriate forms of knowledge sourcing and the choice of knowledge partners for each level of eco-innovation radicalness. Our results also point to a potential mismatch between the importance of open innovation to develop impactful and innovative environmental solutions and a small percentage of organizations adopting this innovation approach.
  • Miniatura
    Ítem
    Open-Eco innovation: At the Crossroad of Sustainability, Innovation, and Business Performance
    (Universidad de Deusto, 2023-10-02) Chistov, Valery; Aramburu Goya, Nekane; Carrillo-Hermosilla, Javier; Deusto Business School; Programa de Doctorado en Competitividad Empresarial y Territorial, Innovación y Sostenibilidad por la Universidad de Deusto; la Universidad Pontificia Comillas y la Universidad Ramón Llull
    In today's rapidly changing world, organizations face increasing pressure from society to adopt more sustainable practices, reduce their environmental impact, and promote social justice. Simultaneously, they are also faced with the challenges of technological advancements, societal shifts, and intensified competition. Therefore, finding the right balance between sustainability and business performance becomes a crucial objective for these organizations. Recent developments in sustainability literature suggest that embracing sustainability orientation can provide firms with a competitive advantage, ensuring their survival and fostering growth in the long run. Furthermore, innovation is seen as a potential bridge that can reconcile sustainability and business objectives. However, empirical studies highlight the inherent difficulties in aligning sustainability, innovation, and business performance. Many organizations lack the necessary resources, skills, and knowledge to effectively integrate these aspects. This dissertation contributes new empirical evidence that demonstrates the positive relationship between sustainability orientation and business performance (i.e., growth) in the long term. Moreover, it sheds light on the complex nature of combining sustainability and innovation, which does not always bring the expected outcomes. It also shows that this challenge can be addressed through an Open Eco-innovation strategy, highlighting the role of collaboration with external partners and leveraging knowledge from stakeholders in the interplay between environmental sustainability and innovation (i.e., eco-innovation), particularly when pursuing more radical environmental objectives. These results aim to encourage organizations to embrace such open approaches and become a driving force in the sustainability transition of our society.
  • Miniatura
    Ítem
    Sustainability orientation and firm growth as ventures mature
    (John Wiley and Sons Ltd, 2023-04-08) Chistov, Valery ; Aramburu Goya, Nekane ; Fabra Florit, María Eugenia; Peña Legazkue, Iñaki ; Weritz, Pauline
    This article revisits the dilemma between sustainability orientation and a firm's growth along the stages of the entrepreneurial process. We draw upon the recent research on sustainable entrepreneurship to determine whether entrepreneurial ventures can pursue sustainability objectives and still grow in terms of turnover and employment. Based on the data of 2 370 firms, we conclude that the relationship between sustainability orientation and a venture's growth is not straightforward. The results show that the stage of the entrepreneurship life cycle matters and that only the introduction of sustainability objectives in the mature stage of the entrepreneurial process (rather than during the early stage) significantly increases the likelihood of such ventures growing. We also find empirical evidence against combining environmental and social dimensions under one umbrella of sustainability, as each of these dimensions demonstrated distinctive behavior in our models. While our results show the importance of innovation for the firm's growth, it is not evident that it exerts any significant moderation effect on the relationship between sustainability orientation and a venture's growth. These findings provide insightful evidence for policymakers about the intrinsic difficulty of reconciling sustainability and economic objectives at the early stages of the process of entrepreneurship and also about the need to differentiate the multiple meanings and forms of sustainability orientation.