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RESPONSIBLE INNOVATION AND SUSTAINABLE COMPETITIVE ADVANTAGE A MODERATED MEDIATION MODEL

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http://dx.doi.org/10.31703/ger.2022(VII-III).01      10.31703/ger.2022(VII-III).01      Published : Sep 2022

Responsible Innovation and Sustainable Competitive Advantage: A Moderated Mediation Model

Abstract

    This study investigates the impact of Shared Vision (SV) on Responsible Innovation (RI) and Sustainable Competitive Advantage (SCA). Moreover, the level of education is used as a moderator between SV and RI. RI is the process of taking into account the potential ethical, social, and environmental impacts of new technologies and innovations and making sure they are developed and used in a way that is beneficial to society. This can include considering how new products and services will affect different groups of people, and taking steps to mitigate any negative impacts they may have. It also involves engaging with stakeholders and considering their perspectives in the innovation process. SEM technique was used, and data were collected from 1018 respondents from the manufacturing sector. The results explain that SV is significantly related to RI, and RI determines SCA. Furthermore, the level of education moderates the relationship between SV and RI. Moreover, this study provides the general public and various policyholders with an overview of the various levels to which manufacturing SMEs are embracing RI.

    Responsible Innovation, Level of Education, Manufacturing SMEs, Shared Vision, Sustainable Competitive Advantage

    (1) Adil Riaz
    Hailey College of Commerce, University of the Punjab, Lahore, Punjab, Pakistan.
    (2) Fouzia Hadi Ali
    Hailey College of Commerce, University of the Punjab, Lahore, Punjab, Pakistan.
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Cite this article

APA

CHICAGO

    CHICAGO : Riaz, Adil, and Fouzia Hadi Ali. 2022. "Responsible Innovation and Sustainable Competitive Advantage: A Moderated Mediation Model." Global Economics Review, VII (III): 1-8 doi: 10.31703/ger.2022(VII-III).01

HARVARD

    HARVARD : RIAZ, A. & ALI, F. H. 2022. Responsible Innovation and Sustainable Competitive Advantage: A Moderated Mediation Model. Global Economics Review, VII, 1-8.

MHRA

    MHRA : Riaz, Adil, and Fouzia Hadi Ali. 2022. "Responsible Innovation and Sustainable Competitive Advantage: A Moderated Mediation Model." Global Economics Review, VII: 1-8

MLA

    MLA : Riaz, Adil, and Fouzia Hadi Ali. "Responsible Innovation and Sustainable Competitive Advantage: A Moderated Mediation Model." Global Economics Review, VII.III (2022): 1-8 Print.

OXFORD

    OXFORD : Riaz, Adil and Ali, Fouzia Hadi (2022), "Responsible Innovation and Sustainable Competitive Advantage: A Moderated Mediation Model", Global Economics Review, VII (III), 1-8

TURABIAN

    TURABIAN : Riaz, Adil, and Fouzia Hadi Ali. "Responsible Innovation and Sustainable Competitive Advantage: A Moderated Mediation Model." Global Economics Review VII, no. III (2022): 1-8. https://doi.org/10.31703/ger.2022(VII-III).01