Abstract This study explores the relationship between internationalization and firm economic performance by investigating the mediating effect of eco-innovation. Using data from 151 Slovenian internationalized companies and structural equation modeling,… Click to show full abstract
Abstract This study explores the relationship between internationalization and firm economic performance by investigating the mediating effect of eco-innovation. Using data from 151 Slovenian internationalized companies and structural equation modeling, we find that internationalization is significantly and positively associated with firm-level economic performance and that eco-innovation partially mediates this effect. These findings strongly indicate that environmental sustainability and the adoption of eco-innovation cannot be neglected when serving foreign markets. Thus, our study emphasizes the role of eco-innovation and speaks to whether or not eco-innovation should be adopted and integrated in firm-level strategies in order to improve economic performance.
               
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