An Empirical Research of the Influence of Corporate Social Responsibility (CSR) on Firm’s Technological Innovation Performance with the Integration of Multiple Perspectives
Abstract Based on the listed high-tech companies’ data in China and drawing on the integrated perspective of knowledge and stakeholders, this study empirically investigates the nonlinear influence of CSR on firm’s technological innovation performance, and further combines the perspective of contingency theory to examine the moderating effects of organizational inertia (firm size and firm age) and external environment (competition intensity and market uncertainty).The findings indicate that the influence of CSR on technological innovation performance is inverted-U shaped-CSR can facilitate innovation performance under a certain point, but once exceeding the point, it will turn to impede firm’s innovation performance. Moreover, firm size and competition intensity both negatively moderate the inverted-U shaped influence of CSR on firm’s innovation performance-weaken the facilitating effect and strengthen the impeding impact of CSR on innovation performance, while market uncertainty positively moderates CSR’s inverted-U shaped influence on innovation performance-strengthens the facilitating effect and weakens the impeding impact of CSR on innovation performance.
