Green process innovation and financial performance in small and medium-sized enterprises in a developing country : role of resource orchestration

dc.contributor.authorAppiah, Listowel Owusu
dc.contributor.authorEssuman, Dominic
dc.contributor.authorForson, Cassiel Ato
dc.contributor.authorBoso, Nathaniel
dc.contributor.authorAnnan, Jonathan
dc.date.accessioned2025-02-28T08:40:53Z
dc.date.available2025-02-28T08:40:53Z
dc.date.issued2025-02
dc.description.abstractWhile existing resource-based theorizations consider green process innovation as an important internal firm resource, this research utilizes the resource orchestration logic to argue that a greater capability to manage and deploy green process innovation is a major contributor to financial performance of small and medium-sized enterprises (SMEs). The study posits that conditions of high green value co-creation, supported by a robust customer-driven green strategy, enable SMEs to orchestrate green process innovation to improve financial performance. The study tests these arguments on primary data from 224 manufacturing SMEs in a developing country in Sub-Saharan Africa – Ghana. The results support the study’s theorizations. However, the study also finds that high green value co-creation, when supported with less emphasis on customer-driven green strategy, amplifies the financial benefits SMEs generate from green process innovation. These findings offer new insights into the resource orchestration conditions under which investments in green process innovation pay off.en_US
dc.description.departmentGordon Institute of Business Science (GIBS)en_US
dc.description.librarianhj2024en_US
dc.description.sdgSDG-01:No povertyen_US
dc.description.sdgSDG-08:Decent work and economic growthen_US
dc.description.sdgSDG-17:Partnerships for the goalsen_US
dc.description.urihttps://www.elsevier.com/locate/jbusresen_US
dc.identifier.citationAppiah, L.O., Essuman, D., Forson, C.A. et al. 2025, 'Green process innovation and financial performance in small and medium-sized enterprises in a developing country : role of resource orchestration', Journal of Business Research, vol. 189, art. 115210, pp. 1-14, doi : 10.1016/j.jbusres.2025.115210.en_US
dc.identifier.issn0148-2963 (print)
dc.identifier.issn1873-7978 (online)
dc.identifier.other10.1016/j.jbusres.2025.115210
dc.identifier.urihttp://hdl.handle.net/2263/101280
dc.language.isoenen_US
dc.publisherElsevieren_US
dc.rights© 2025 The Author(s). Published by Elsevier Inc. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/).en_US
dc.subjectSmall and medium-sized enterprises (SMEs)en_US
dc.subjectGreen innovationsen_US
dc.subjectFinancial performanceen_US
dc.subjectValue co-creation (VCC)en_US
dc.subjectStrategy implementationen_US
dc.subjectResource orchestration theoryen_US
dc.subjectDeveloping countryen_US
dc.subjectSub-Saharan Africa (SSA)en_US
dc.subjectSDG-17: Partnerships for the goalsen_US
dc.subjectSDG-08: Decent work and economic growthen_US
dc.subjectSDG-01: No povertyen_US
dc.titleGreen process innovation and financial performance in small and medium-sized enterprises in a developing country : role of resource orchestrationen_US
dc.typeArticleen_US

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