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Keywords: R&D investment
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Journal Articles
Journal:
Competitiveness Review
Competitiveness Review (2026) 36 (7): 87–115.
Published: 21 July 2026
... the relationship between firms’ R&D investment and their capacity to generate green innovation. Drawing on stakeholder theory and the RBV, we propose that a high ESGS is associated with stronger internal capabilities and external legitimacy, thereby being positively related to higher returns on R&D...
