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Exploring the relationship between CSR and innovation

119 citations0/0 files storedSustainability Accounting Management and Policy Journal

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Corporate Social Responsibility Reporting Corporate Social Responsibility and Sustainability Sustainability and Innovation in Business

Abstract

Purpose The paper aims at summarizing the state of knowledge on the relationship between a company’s corporate social responsibility (CSR) and its innovation performance. Design/methodology/approach The research relied on a systematic literature review with the use of SALSA (Search, AppraisaL, Synthesis, Analysis) and backwards-snowballing methods. The search encompassed one electronic database – Scopus. Finally, the set of papers analyzed amounted to 24 publications. The relationship between innovation and CSR reported in these papers were synthesized in the form of a mapping review. Findings The results indicated the lack of scientific consensus on many aspects of the relationship studied. CSR was assumed to influence innovation performance, and inversely, innovations were presumed to have an impact on the company’s CSR. However, the relation’s determinants were strongly diversified in the set of articles studied. Research limitations/implications The present paper omitted articles published in languages other than English. Also, it limited the papers studied to those published between January 2000 and August 2014 in journals listed on the Journal Citation Report. The paper contributes to the research by highlighting the most important research gaps and implications for further research. Practical implications The present paper constitutes an up-to-date summary on the studied relationship, which is important for practitioners in the management process. Originality/value According to the authors’ knowledge, no systematic reviews dedicated to the relationship between a company’s CSR and its innovation performance were made before. Thus, it fulfils an important research gap.

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References

1999Corporate Social Responsibility 2000Corporate social responsibility and financial performance: correlation or misspecification?2012The Practice of Management 1997CORPORATE SOCIAL PERFORMANCE AND ORGANIZATIONAL ATTRACTIVENESS TO PROSPECTIVE EMPLOYEES.2004Evolving sustainably: a longitudinal study of corporate sustainable development 2009Corporate responsibility and financial performance: the role of intangible resources 1997Environmental Regulation and Innovation: A Panel Data Study 2011Effects of innovation types on firm performance

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2019Is the corporate social responsibility–innovation link homogeneous?: Looking for sustainable innovation in the Spanish context 2021The impact of corporate social responsibility on innovation in small and medium‐sized enterprise s : The mediating role of debt terms and human capital 2023Does investment stimulate or inhibit CSR transparency? The moderating role of CSR committee, board monitoring and CEO duality 2022The relationship between knowledge management strategies and corporate social responsibility: Effects on innovation capabilities

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