Page 273 - Hojnik, Jana. 2017. In Persuit of Eco-innovation. Drivers and Consequences of Eco-innovation at Firm Level. Koper: University of Primorska Press
P. 273
Summary of findings
and discussion
In this section, we briefly summarize the main findings of this study.
First, we summarize the findings that pertain to the eco-innovation con-
struct, which is composed of three dimensions (measured as a second-or-
der latent factor) and which was developed and further tested in our
study. We also present the findings of different eco-innovation models
(product, process and organizational eco-innovation), for which we sep-
arately explored/tested drivers and outcomes. Therefore, the hypotheses
developed and tested in this study can be divided into four groups. We
have tested all hypotheses concerning eco-innovation determinants and
outcomes separately for product, process and organizational eco-innova-
tion. Lastly, the hypotheses were also tested for the construct-level model
of eco-innovation. All the hypotheses were tested using structural equa-
tion modeling (SEM).
The eco-innovation construct in our study was proposed to include
three dimensions: product eco-innovation, process eco-innovation and
organizational eco-innovation. As a result of the empirical analyses that
were conducted in our study, we found that a three-dimensional structure
was best to describe the phenomenon under investigation. The eco-in-
novation construct developed in this study (including the dimensions of
product, process and organizational eco-innovation), demonstrated good
convergent validity (NFI = 0.928; NNFI = 0.945; CFI = 0.954; SRMR =
0.044; RMSEA = 0.086; Cronbach’s alpha = 0.952) and moderate discri-
minant validity (correlations between product and organizational eco-in-
novation and between process and organizational eco-innovation were
below 0.70, while the correlation between product and process eco-inno-
and discussion
In this section, we briefly summarize the main findings of this study.
First, we summarize the findings that pertain to the eco-innovation con-
struct, which is composed of three dimensions (measured as a second-or-
der latent factor) and which was developed and further tested in our
study. We also present the findings of different eco-innovation models
(product, process and organizational eco-innovation), for which we sep-
arately explored/tested drivers and outcomes. Therefore, the hypotheses
developed and tested in this study can be divided into four groups. We
have tested all hypotheses concerning eco-innovation determinants and
outcomes separately for product, process and organizational eco-innova-
tion. Lastly, the hypotheses were also tested for the construct-level model
of eco-innovation. All the hypotheses were tested using structural equa-
tion modeling (SEM).
The eco-innovation construct in our study was proposed to include
three dimensions: product eco-innovation, process eco-innovation and
organizational eco-innovation. As a result of the empirical analyses that
were conducted in our study, we found that a three-dimensional structure
was best to describe the phenomenon under investigation. The eco-in-
novation construct developed in this study (including the dimensions of
product, process and organizational eco-innovation), demonstrated good
convergent validity (NFI = 0.928; NNFI = 0.945; CFI = 0.954; SRMR =
0.044; RMSEA = 0.086; Cronbach’s alpha = 0.952) and moderate discri-
minant validity (correlations between product and organizational eco-in-
novation and between process and organizational eco-innovation were
below 0.70, while the correlation between product and process eco-inno-
