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Corporate social responsibility and innovation

Corporate social responsibility and innovation

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Corporate social responsibility is an important management tool today. Economic growth is generated mainly by innovation and knowledge. Contemporary organizations need to innovate to be successful. The need for social innovations that meet social problems and needs increases every day. Successful enterprises integrate corporate social responsibility strategy and innovation performance. The results of current survey in Estonian, Chinese, Japanese, Czech, Finnish, German, Russian and Slovakian organizations reveal that there is a connection between corporate social responsibility and the innovation climate. This relationship is influenced by organization culture, and individual and organizational level factors. This connection is also influenced by social, political, economic, historical and cultural environment where the organization operates.
The impact of corporate social responsibility, organizational and individual factors on innovation climate