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Selected Publication:

Provasnek, AK; Sentic, A; Schmid, E.
(2017): Integrating Eco-Innovations and Stakeholder Engagement for Sustainable Development and a Social License to Operate
CORP SOC RESP ENV MA. 2017; 24(3): 173-185. FullText FullText_BOKU

Abstract:
Eco-innovations of corporations are seen to contribute to the mitigation of negative impacts on the natural environment. However, despite environmental gains, some eco-innovations fail in the marketplace while others succeed. We propose a framework that reflects the connection between eco-innovations and their social license to operate. Corporations can increase the market success of eco-innovations if they can gain a social license to operate based on fair and trustworthy stakeholder engagement shaped by the context of their societal environment. Eco-innovations can be transformed following management steps of an internal and external evaluation, the analysis of companiesxxx interactional status, and conformation activities for the introduction of sustainability-oriented innovations. We conclude that the successful transformation of eco-innovations requires the inclusion of social factors, such as stakeholdersxxx multiple claims, to secure a social license to operate and thereby even reduce costs by avoiding sketchy corporate social responsibility measures. Copyright (c) 2017 John Wiley *** Sons, Ltd and ERP Environment
Authors BOKU Wien:
Schmid Erwin

Find related publications in this database (Keywords)
sustainable corporate development
stakeholder engagement
innovation
social license to operate
entrepreneurship
environmental management


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