Title: Green innovation dynamics: the mediating role of green intellectual capital and open innovation of SMEs in Vietnam

Authors: Minh-Tri Ha

Addresses: School of Business, International University, Ho Chi Minh City, Vietnam; Vietnam National University, Quarter 6, Linh Trung Ward, Thu Duc City, Ho Chi Minh City, Vietnam

Abstract: This study investigates whether and, if so, how efficiently government support (GS) and environmental regulations (ER) affect green innovation (GI), with a focus on the mediating roles of green intellectual capital (GIC) and open innovation (OI), using the natural-resources-based view (NRBV) and knowledge-based theory (KBT). Utilising a questionnaire-based survey of 508 respondents and partial least squares-structural equation modelling (PLS-SEM) for data analysis, the research finds that GS and ER positively relate to GI. The study demonstrates that OI and green human capital (GHC) mediate the impact of GS and ER on GI, respectively, advancing empirical evidence on the complex dynamics of green innovation in the context of Vietnamese small and medium-sized enterprises (SMEs) in Vietnam. This research enriches the understanding of green innovation dynamics and offers insights into leveraging government support and environmental regulations for enhancing green innovation through intellectual capital and open innovation strategies.

Keywords: green innovation; open innovation; government support; environmental regulation; green intellectual capital; GIC; natural resource-based view; Vietnam.

DOI: 10.1504/JIBED.2023.136753

Journal for International Business and Entrepreneurship Development, 2023 Vol.15 No.3, pp.430 - 459

Received: 28 Dec 2023
Accepted: 06 Jan 2024
Published online: 19 Feb 2024 *

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