Fostering sustainability performance in the Malaysian manufacturing companies: the role of green technology innovation and innovation capabilities
Abstract
Purpose
The purpose of this study is to examine the influence of green technology innovation on sustainability performance with the moderating effect of innovation capabilities in the Malaysian manufacturing listed companies.
Design/methodology/approach
This was a quantitative study and carried out by applying a research survey. The questionnaire was used to collect the data from 204 Malaysian manufacturing companies of the “consumer products and services” sector listed at Bursa Malaysia, incorporating a five-point Likert scale. All the hypothesized relationships were tested by using the partial least square structural equation modeling (PLS-SEM).
Findings
The empirical results showed that the comprehensive adoption of green technology innovation significantly promotes sustainability performance including economic, environmental and social performance. In addition, innovation capabilities significantly and positively moderate the relationship between green technology innovation and sustainability performance.
Research limitations/implications
The scope of this study is specifically confined to the Malaysian manufacturing listed companies, operating within the consumer products and services sector listed at Bursa Malaysia. Consequently, the findings of this study may not be generalized to manufacturing companies of the different geographical contexts.
Practical implications
The findings of this study may help the top management and policymakers of the Malaysian manufacturing listed companies to scrutinize green technology innovation and innovation capabilities to achieve higher sustainability performance.
Originality/value
This study magnifies and provides new insights into the extant literature by developing a comprehensive research model that concurrently tests the direct and moderation effects between green technology innovation, innovation capabilities and sustainability performance. Additionally, this is the first study to examine the influence of green technology innovation on sustainability performance with the moderating effect of innovation capabilities in the Malaysian manufacturing listed companies. This distinct approach significantly bolsters the originality of this study.
Keywords
Acknowledgements
This research was funded by Ministry of Higher Education (MoHE) of Malaysia through Fundamental Research Grant Scheme (Ref: FRGS/1/2023/SS01/UUM/02/1). The researchers would like to acknowledge the Center of Social Innovation (CoSI) and Management and Humanities Department, Universiti Teknologi PETRONAS, Malaysia for supporting and providing research facilities to conduct this research.
Citation
Mukhtar, B., Shad, M.K. and Lai, F.W. (2024), "Fostering sustainability performance in the Malaysian manufacturing companies: the role of green technology innovation and innovation capabilities", Benchmarking: An International Journal, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/BIJ-07-2023-0468
Publisher
:Emerald Publishing Limited
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