The Impact of External Financial Factors on the Effect of Ecological Innovation on Small and Medium-Sized Businesses Performance, Capacity for the Sustainability Economy
DOI:
https://doi.org/10.55737/qjssh.911134423Keywords:
Environmental Performance, Financial Performance, Manufacturing Companies, Path Analysis, Structural Equation ModelingAbstract
Eco-innovation has been viewed as a tool for protecting the environment since the 1990s. The impact of external financial factors on eco-innovation is expected to reduce waste, air pollution, and the use of materials and resources. However, the effect of eco-innovation on economic and environmental performance has received little attention. More specifically, since the 1990s, eco-innovation has begun to be viewed as a tool to protect the environment. Eco-innovations are expected to reduce waste, air pollution, and the use of materials and resources. However, the impact of eco-innovation on financial and environmental performance has received little attention. Small and medium-sized enterprises (SMEs) can function better, thanks in large part to the social fabric of the organization. In addition, there is a positive correlation between eco-innovation and GSCM, and these concepts significantly affect the development of CE capabilities. Our last conjecture shows a critical link between GSCM and CE skills. Our findings suggest that relationships between ideas for overarching design are more difficult to establish through more direct or indirect management of multiple tiers of suppliers and that major companies are expanding in ways that are likely to promote sustainability while bringing in sizeable New research questions.
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