Organizational Responses to Socio-Technical Transitions in the Automotive Industry The Influence of Policy on Innovation Moderated by Corporate Social Responsibility
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2024-07-03
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en
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This study tried to find whether CSR negatively moderates the relationship that policy frameworks have with innovation for incumbents in socio-technical transitions. To answer this, a direct positive relationship between policy frameworks and innovation and a direct positive relationship between CSR and innovation was hypothesized after which a quantitative analysis was done with secondary data for incumbents in the automotive industry. The results found that in socio-technical transitions, organizations respond more innovatively to policy frameworks than they do to CSR implementation because more policy frameworks led to more innovation, but more CSR adoption did not lead to more innovation. These direct relationships not leading to similar outcomes of more innovation meant adherence to or adoption of one of these drivers respectively could not be a viable strategy for replacement of the other. This automatically meant CSR cannot moderate the relationship that policy has with innovation because higher or lower levels of CSR do not lead to more or less innovation. This way, the implementation of CSR instead of policy compliance cannot help inert organizations to innovate or neutralize some of the threat from an uncertain regulatory environment. Thus, this study found that organizational adoption of CSR does not significantly alter the link between the external pressures of policy frameworks and innovation because CSR does not lead to innovation directly.
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Faculteit der Managementwetenschappen