INVESTIGATING THE EFFECT OF INNOVATION STRATEGIES ON FIRM’S SOCIAL AND FINANCIAL PERFORMANCE: EVIDENCE FROM FRENCH LISTED FIRMS-Reference-Cited by-同舟云学术

INVESTIGATING THE EFFECT OF INNOVATION STRATEGIES ON FIRM’S SOCIAL AND FINANCIAL PERFORMANCE: EVIDENCE FROM FRENCH LISTED FIRMS

Published:2022-01 Issue:01 Volume:26 Page:
ISSN:1363-9196
Container-title:International Journal of Innovation Management
language:en
Short-container-title:Int. J. Innov. Mgt.

Author:

BEN HASSEN RIM¹,TALBI DORRA²

Affiliation:

1. Military Academy Fondok Jedid, Nabeul, Tunisia, GEF2A Laboratory, University of Tunis, Tunisia

2. Higher School of Economic and Commercial Sciences Tunis — University of Tunis, FCF Laboratory — University Tunis EI Manar, Tunisia

Abstract

The main objective of this study consists of investigating the impact of innovation strategies on corporate financial and social performance. Our study is based on French listed firms (SBF 120) from 2015 to 2019. Two models are employed to test our hypotheses: in the first model we opt for linear regressions to investigate the relation between innovation strategies (process, product and open) on firm’s financial performance. In the second model, logit regression model is employed to explore the impact of innovation strategies on corporate social responsibility (CSR). Findings reveal that product and open innovation are valuable to firm’s performance measured by return on asset (ROA). Second, we find evidence that open and technological innovation (process and product) have a positive effect on CSR strategies.

Publisher

World Scientific Pub Co Pte Ltd

Subject

Management of Technology and Innovation,Strategy and Management,Business and International Management

Link

https://www.worldscientific.com/doi/pdf/10.1142/S1363919622500049

Reference53 articles.

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