9 Emerging Green: Exploring Strategic Factors for SMEs’ Adoption of Green Technology and Innovation in India
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Abstract
The association between general innovation and green growth is well acknowledged. Green innovation is advantageous to keep the environment clean, aids in trash recycling, and might even conserve non-biodegradable energy. Additionally, green technology could lead to sustainable development. Due to awareness and environmental concerns, small and medium-sized businesses must embrace environmentally friendly practices in emerging nations. In order to succeed, core sector enterprises must maximize production efficiency, reduce waste, and improve return on investment. In our opinion, effective automation and power management provide the best path to achieving this. Progressively gaining traction are ideas like integrated power management and infrastructure monitoring. There is a paradigm change among SME shareholders, who want to replace traditional processes with green ones and are working to remove obstacles to green innovation in an emerging economy. Studies concentrating on SMEs in developing nations are still few, even though their existence in developing areas and countries is still crucial and has been favored in economic organizations. The current research has explored various determinants supporting SMEs’ adoption of green technology and innovation. The study’s findings have provided a future pathway for the researcher to explore several new dimensions in helping SMEs adopt green innovation and technology.
Abstract
The association between general innovation and green growth is well acknowledged. Green innovation is advantageous to keep the environment clean, aids in trash recycling, and might even conserve non-biodegradable energy. Additionally, green technology could lead to sustainable development. Due to awareness and environmental concerns, small and medium-sized businesses must embrace environmentally friendly practices in emerging nations. In order to succeed, core sector enterprises must maximize production efficiency, reduce waste, and improve return on investment. In our opinion, effective automation and power management provide the best path to achieving this. Progressively gaining traction are ideas like integrated power management and infrastructure monitoring. There is a paradigm change among SME shareholders, who want to replace traditional processes with green ones and are working to remove obstacles to green innovation in an emerging economy. Studies concentrating on SMEs in developing nations are still few, even though their existence in developing areas and countries is still crucial and has been favored in economic organizations. The current research has explored various determinants supporting SMEs’ adoption of green technology and innovation. The study’s findings have provided a future pathway for the researcher to explore several new dimensions in helping SMEs adopt green innovation and technology.
Chapters in this book
- Frontmatter I
- Preface V
- Contents VII
- Introduction IX
- 1 Enhancing SMEs’ Sustainability Through Innovative Practices 1
- 2 The Approach of SMEs Towards Green Management Practices 17
- 3 Factors Influencing Financial Backers’ Exit Decisions from a New Venture 33
- 4 Technological Advancement in Industrial Revolution 4.0 for Sustainable Development of India: Understanding Linkages in Theory and Practice 57
- 5 Impact of Macroeconomic Determinants and Corporate Attributes on Firms’ Financial Success in India 73
- 6 Exploring Individual Investor Intentions Towards Socially Responsible Investment 95
- 7 Ownership Structures and Performance of SMEs: An Empirical Analysis 119
- 8 Short-Run Pricing Performance of Selected Indian IPOs During COVID-19 for Alternative Investment Avenue 141
- 9 Emerging Green: Exploring Strategic Factors for SMEs’ Adoption of Green Technology and Innovation in India 165
- 10 Impact of Sustainability and Green Finance on SMEs to Promote Green Growth 187
- 11 Progress Intention and Sales Revenue Growth in Micro, Small and Medium Enterprises (SMEs) 199
- 12 Green Management Practices by Small and Medium Enterprises 211
- 13 An Analysis of MSMEs’ Contributions to the Promotion of SDGs in India 227
- 14 Impact of Innovation and Its Role in Small Medium Enterprises’ Sustainability 247
- 15 Effect of Government Policies on SME Innovation and Entrepreneurship 267
- 16 A Study on Various Aspects of SMEs’ Orientation for Corporate Social Responsibility 285
- 17 SME and Environmental Sustenance: Digital Marketing in SMEs via Data- Driven Strategies 315
- List of Contributors 333
- About the Editors 339
- List of Tables 341
- List of Figures 343
- Index 345
Chapters in this book
- Frontmatter I
- Preface V
- Contents VII
- Introduction IX
- 1 Enhancing SMEs’ Sustainability Through Innovative Practices 1
- 2 The Approach of SMEs Towards Green Management Practices 17
- 3 Factors Influencing Financial Backers’ Exit Decisions from a New Venture 33
- 4 Technological Advancement in Industrial Revolution 4.0 for Sustainable Development of India: Understanding Linkages in Theory and Practice 57
- 5 Impact of Macroeconomic Determinants and Corporate Attributes on Firms’ Financial Success in India 73
- 6 Exploring Individual Investor Intentions Towards Socially Responsible Investment 95
- 7 Ownership Structures and Performance of SMEs: An Empirical Analysis 119
- 8 Short-Run Pricing Performance of Selected Indian IPOs During COVID-19 for Alternative Investment Avenue 141
- 9 Emerging Green: Exploring Strategic Factors for SMEs’ Adoption of Green Technology and Innovation in India 165
- 10 Impact of Sustainability and Green Finance on SMEs to Promote Green Growth 187
- 11 Progress Intention and Sales Revenue Growth in Micro, Small and Medium Enterprises (SMEs) 199
- 12 Green Management Practices by Small and Medium Enterprises 211
- 13 An Analysis of MSMEs’ Contributions to the Promotion of SDGs in India 227
- 14 Impact of Innovation and Its Role in Small Medium Enterprises’ Sustainability 247
- 15 Effect of Government Policies on SME Innovation and Entrepreneurship 267
- 16 A Study on Various Aspects of SMEs’ Orientation for Corporate Social Responsibility 285
- 17 SME and Environmental Sustenance: Digital Marketing in SMEs via Data- Driven Strategies 315
- List of Contributors 333
- About the Editors 339
- List of Tables 341
- List of Figures 343
- Index 345
