Search results

This study aims to explore the direct and indirect relationships among the informal economy, innovation, entrepreneurial and initial public offering (IPO) activity.

This study uses an unbalanced sample of 30 countries over a 15-year period: 2000–2014. The proposed random-effects model is estimated using feasible generalized least squares with robust estimators of variance.

Entrepreneurial activity is positively related to IPO activity. The informal economy negatively moderates the relationships among entrepreneurship, innovation and IPOs.

IPOs are a stage in the entrepreneurial process susceptible of being influenced by country level factors. An appropriate understanding of these factors can contribute to discuss policies that improve the level of IPO activity.

The authors explore the understudied relationship of the informal economy and entrepreneurship. Although entrepreneurial activity can be higher in contexts with more informality, this relationship can turn sour in later stages since it lowers the probability of higher IPO activity by inhibiting formal entrepreneurship and innovation. Hence, the main contribution is to provide evidence of this “hangover” effect.

This study aims to present a bibliometric analysis combined with a systematic review of the empirical literature to verify whether the relationship between the impact of eco-innovation and the financial performance of companies is corroborated.

This study uses bibliometric analysis and systematic review methods on 122 articles from Web of Science, Scopus and Science Direct, combining quantitative frequency and co-citation analysis with a qualitative exploration of themes in eco-innovation research.

In their research on eco-innovation, the authors found that there is a need to better understand the impact of eco-innovation on companies’ financial performance in the knowledge gaps.

Research on eco-innovation identifies knowledge gaps and directions for future studies exploring environmental strategies to boost corporate commitment to sustainability.

This study finds that eco-innovation is decisive for enhancing operational performance and understanding its effect on companies’ financial outcomes, offering perspectives on how environmental practices influence organizational finance.