Unleashing Green Innovation Through Social Capital: A Systematic Review of Literature.

Abstract

Surrounded by increasing environmental issues and the need to meet the demand for sustainable development globally, Green innovation (GI) has gained considerable precedence in the industrial industry. This paper provides a literature summary of the factors that favor or discourage green innovation adoption with respect to the role of social capital (SC). In developing nations like Pakistan, economic growth is usually achieved at the expense of environmental spoliation; hence, establishing sound means of encouraging environmentally friendly innovation is critical to ensuring sustainable economic growth. However, such unexplored drivers of power have no clear image. The aim of the present study was to address this gap by achieving the following objectives: 1. This study offers some insights into the bibliography because it was conducted with the help of a systematic review of the literature (SRL) to identify existing knowledge of green innovation using social capital. 2. To identify the gaps in the bodies of knowledge relating to utilizing social capital to release green innovation. The Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) standard was used during the SLR process. In the Lens Organization database, 395 papers were retrieved which were published in 2014-2024. A bibliometric analysis was conducted to achieve the research goals. According to the findings, although a relatively new subject, green innovation has not received sufficient scholarly attention. This has led to the development of various gaps, including the green aspects of innovation. Topics that form the literature gaps include green innovation behavior, green finance, inhibitors of green innovation, green product innovation, and green technological innovation and so forth. This study makes a cumulative contribution to the current stock of knowledge, as the research will be used to bridge knowledge gaps or areas of knowledge that have not been studied on green innovation. This knowledge would give future researchers a higher probing of designing and undertaking studies that concentrate on such observations that were revealed as having research gaps.