Corporate social responsibility and innovation: a resource‐based theory

Isabel Gallego Álvarez, José Manuel Prado‐Lorenzo, Isabel Sánchez · 2011 · Management Decision

Summary. This paper examines how corporate social responsibility (CSR) and innovation relate to each other using resource-based theory. Analyzing companies with R&D investments from 2003-2007, the authors find a negative bidirectional relationship: CSR practices reduce innovation efforts, and innovation reduces CSR practices. The effect varies by industry sector. Results show CSR investments take three years to demonstrate value and that companies rarely implement innovations linked to sustainability, revealing incompatibility between R&D spending and sustainable corporate behavior.

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Álvarez, I. G., Prado‐Lorenzo, J. M., & Sánchez, I.. (2011). Corporate social responsibility and innovation: a resource‐based theory. Management Decision. https://doi.org/10.1108/00251741111183843

@article{lvarez-2011-corporate-social-responsibility-innovation-resource,
  title   = {Corporate social responsibility and innovation: a resource‐based theory},
  author  = {Isabel Gallego Álvarez and José Manuel Prado‐Lorenzo and Isabel Sánchez},
  journal = {Management Decision},
  year    = {2011},
  doi     = {10.1108/00251741111183843},
  url     = {https://doi.org/10.1108/00251741111183843}
}

TY  - JOUR
TI  - Corporate social responsibility and innovation: a resource‐based theory
AU  - Isabel Gallego Álvarez
AU  - José Manuel Prado‐Lorenzo
AU  - Isabel Sánchez
JO  - Management Decision
PY  - 2011
DO  - 10.1108/00251741111183843
UR  - https://doi.org/10.1108/00251741111183843
ER  -

Details

DOI: 10.1108/00251741111183843
Countries: Spain
Regions: Europe
Categories: innovation-theory, policy, general-innovation
Added: 2026-04-28