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Does technological innovation drive corporate sustainability? Empirical evidence for the European financial industry in catching-up and central and Eastern Europe countries

dc.contributor.authorSempere-Ripoll, Franciscaspa
dc.contributor.authorEstelles-Miguel, Sofiaspa
dc.contributor.authorRojas-Alvarado, Ronaldspa
dc.contributor.authorHervas-Oliver, Jose-Luisspa
dc.date.accessioned2020-08-12T15:39:23Z
dc.date.available2020-08-12T15:39:23Z
dc.date.issued2020
dc.identifier.issn2071-1050spa
dc.identifier.urihttps://hdl.handle.net/11323/6912spa
dc.description.abstractIn the financial industry, two relationships are well-researched: i) innovation and financial performance and, ii) sustainability and financial performance, both focused primarily on Western and advanced countries. The relationship between innovation and sustainability, however, is underresearched. This study’s purpose consists of determining whether there is a relationship between innovation and corporate sustainability in the financial industry. In doing so, this study responds to a critical question: are the most innovative firms also the most sustainability-oriented? We empirically explore sustainability-oriented innovation in the financial industry of 11 catchingup countries in Central and Eastern Europe (CEE). Using Community Innovation Survey (CIS) data for 2012–2014, this study empirically analyzes a large sample of 1574 firms in the financial industry. Our results suggest that innovation is positively linked to corporate sustainability, pointing out that innovation capabilities are positively related to sustainability. Our study proposes a framework for analyzing innovation and sustainability from a capability-perspective.spa
dc.language.isoeng
dc.publisherCorporación Universidad de la Costaspa
dc.rightsCC0 1.0 Universalspa
dc.rights.urihttp://creativecommons.org/publicdomain/zero/1.0/spa
dc.sourceSustainabilityspa
dc.subjectInnovationspa
dc.subjectFinancial industryspa
dc.subjectSustainabilityspa
dc.subjectCentral and Eastern Europespa
dc.subjectCIS dataspa
dc.titleDoes technological innovation drive corporate sustainability? Empirical evidence for the European financial industry in catching-up and central and Eastern Europe countriesspa
dc.typeArtículo de revistaspa
dc.source.urlhttps://www.mdpi.com/2071-1050/12/6/2261spa
dc.rights.accessrightsinfo:eu-repo/semantics/openAccessspa
dc.identifier.doidoi:10.3390/su12062261spa
dc.identifier.instnameCorporación Universidad de la Costaspa
dc.identifier.reponameREDICUC - Repositorio CUCspa
dc.identifier.repourlhttps://repositorio.cuc.edu.co/spa
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