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Enhancing Green Innovation in Small and Medium Enterprises: the strategic role of banking proximity

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Detalhes bibliográficos
Resumo:Sustainability’s growing importance drives companies to align strategies with social responsibility (CSR) and stakeholder concerns. Green Innovation (GI) reduces environmental impact but requires substantial costs, often financed by banks. Small and Medium Enterprises (SMEs) face challenges in accessing its benefits. Grounded in Institutional Theory, CSR, and Stakeholder Theory, this study explores how banking proximity fosters GI through trust, tailored financial solutions, technical support, and reduced knowledge barriers. Based on interview findings, results show that proximity enhances SME-bank relationships, driving sustainable transitions. The study underscores the need for long-term collaboration and its implications for banks, SMEs, and regulators in advancing GI.
Autores principais:Anjos, Carolina
Assunto:Banking Green Innovation Proximity Small and Medium Enterprises Sustainability Institutional Theory Corporate Social Responsibility Stakeholder Theory
Ano:2025
País:Portugal
Tipo de documento:dissertação de mestrado
Tipo de acesso:acesso aberto
Instituição associada:Universidade Nova de Lisboa
Idioma:inglês
Origem:Repositório Institucional da UNL
Descrição
Resumo:Sustainability’s growing importance drives companies to align strategies with social responsibility (CSR) and stakeholder concerns. Green Innovation (GI) reduces environmental impact but requires substantial costs, often financed by banks. Small and Medium Enterprises (SMEs) face challenges in accessing its benefits. Grounded in Institutional Theory, CSR, and Stakeholder Theory, this study explores how banking proximity fosters GI through trust, tailored financial solutions, technical support, and reduced knowledge barriers. Based on interview findings, results show that proximity enhances SME-bank relationships, driving sustainable transitions. The study underscores the need for long-term collaboration and its implications for banks, SMEs, and regulators in advancing GI.