The Drivers of Climate Change Innovations: Evidence from the Australian Wine Industry

Jeremy Galbreath*, David Charles, Eddie Oczkowski

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

22 Citations (Scopus)

Abstract

This study examined the drivers of climate change innovations and the effects of these innovations on firm outcomes in a sample of 203 firms in the South Australian wine cluster. The results of structural equation modeling analysis suggest that absorptive capacity has a direct effect on climate change innovations, and stimulates knowledge exchanges (KEs) between firms in the cluster. KEs between firms in the cluster in turn directly affect the climate change innovations. The findings suggest a perhaps counterintuitive interrelationship between firm- and cluster-level impacts, in which KEs between firms in the cluster play a partial mediating role in the innovation process. The study further finds that climate change innovations are related to firm performance (FP) and reductions in greenhouse gases (GHGs): mitigative innovations lead to greater GHG reductions while adaptive innovations impact on FP. Contributions of the findings are discussed, as are future research directions.

Original languageEnglish
Pages (from-to)217-231
Number of pages15
JournalJournal of Business Ethics
Volume135
Issue number2
Early online date26 Nov 2014
DOIs
Publication statusPublished - 1 May 2016
Externally publishedYes

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