Technological competition, innovation motive and corporate social responsibility

Evidence from top managers of European SMEs

Research output: Contribution to journalArticleScientificpeer-review

Abstract

Various motives have been proposed for firms to engage in corporate social responsibility (CSR), but no attention has been paid to innovation as a motive to engage in CSR. In this paper we explore the role of this motive and hypothesize that it is particularly important for companies facing intensive technological competition. We find support for this in a sample of 2579 top managers of small and medium sized enterprises from 12 European countries. The innovation motive mediates the relationship between technological competition and CSR and is the most (second most) important motive for environmental and social CSR, respectively.
Original languageEnglish
JournalDe Economist
DOIs
Publication statusE-pub ahead of print - Oct 2019

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Managers
Small and medium-sized enterprises
Innovation
Corporate Social Responsibility
Technological competition
European countries

Keywords

  • corporate social responsibility
  • innovation motivation
  • SMEs
  • technological competition

Cite this

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abstract = "Various motives have been proposed for firms to engage in corporate social responsibility (CSR), but no attention has been paid to innovation as a motive to engage in CSR. In this paper we explore the role of this motive and hypothesize that it is particularly important for companies facing intensive technological competition. We find support for this in a sample of 2579 top managers of small and medium sized enterprises from 12 European countries. The innovation motive mediates the relationship between technological competition and CSR and is the most (second most) important motive for environmental and social CSR, respectively.",
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