Green Innovative Technology Shaping Economic Sustainability through Innovation Performance

Abstract

This study examines the impact of green innovative technology on innovation performance and economic sustainability in the manufacturing sector of Saudi Arabia. Using a cross-sectional research design, data were collected from employees working in manufacturing organizations through a structured survey. A convenience sampling technique was employed, and responses were recorded using a five-point Likert scale. The study adapts measurement scales from established literature, with three items for green innovative technology, four items for innovation performance, and six items for economic sustainability. Structural equation modeling (SEM) was conducted using SmartPLS version 4 to assess both the measurement and structural models. The results indicate that green innovative technology has a significant positive impact on innovation performance (β = 0.735, p < 0.001) and economic sustainability (β = 0.509, p < 0.001). Additionally, innovation performance strongly influences economic sustainability (β = 0.848, p < 0.001) and mediates the relationship between green innovative technology and economic sustainability (β = 0.623, p < 0.001). The findings provide valuable insights for organizations seeking to integrate sustainability-driven innovations into their business strategies