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Multidimensional perspective of green financial innovation between green intellectual capital on sustainable business: the case of Pakistan

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Abstract

This study investigates the multifaceted role of green innovation among green intellectual capitals (GICs) on business sustainability in Pakistan’s manufacturing sector. A quantitative method based on the SEM model on SmartPLS and Stata analysis was used, which was supplemented by a survey of 800 Pakistani SME sector supply chain-associated participants. The findings revealed a significant effect of green intellectual capital and green innovation on business sustainability, while structural capital was found to have a significant moderating effect on the business sustainability of Pakistani firms. It has been determined that the relationship between GIC and BS has a strong moderation of green innovation. Furthermore, the relationship and impact of GICs on the business sustainability of Pakistani manufacturing companies were statistically significant, and green innovation played a moderating role between GIC and business sustainability. Therefore, it has been suggested that Pakistani manufacturing companies participate in eco-innovation to progress business sustainability.

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The data that support the findings of this work are available from the corresponding author upon reasonable request

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Authors and Affiliations

Authors

Contributions

Hafeez Ullah: conceptualization, data curation, methodology, and writing—original draft. Wang Zhuquan: data curation and supervision. Muhammad Mohsin: visualization and editing proofreading. Hasnain Abbas: review and editing. Weiying Jiang: review and editing.

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Correspondence to Hafeez Ullah.

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We declared that we do not have human participants, human data, or human tissue.

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The authors declare no competing interests.

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Responsible Editor: Nicholas Apergis

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Ullah, H., Wang, Z., Mohsin, M. et al. Multidimensional perspective of green financial innovation between green intellectual capital on sustainable business: the case of Pakistan. Environ Sci Pollut Res 29, 5552–5568 (2022). https://doi.org/10.1007/s11356-021-15919-7

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  • DOI: https://doi.org/10.1007/s11356-021-15919-7

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