Prof. Som Sekhar Bhattacharyya’s co-authored research paper titled ‘Explicating the factors influencing successful implementation and management of sustainable innovation practices in research-intensive organizations’ has been published in the Emerald Insight Journal of Science and Technology Policy Management. Prof. Bhuvaneashwar Subramanian, Department of Strategy and Entrepreneurship at Indian Institute of Management Nagpur, is his co-author.
This study identifies factors contributing to the successful implementation and management of sustainable innovation in research-intensive sectors, including the life sciences industry. A combination of two methods were used to conduct this research. It included qualitative interviews of 21 sustainability experts and leaders in the life sciences industry responsible for implementing sustainable innovation and being selected through non-probabilistic purposive sampling. At the same time, the second method was thematic content analysis using the MAXQDA software.
This research identified the successful implementation of sustainable innovation in research-intensive firms, which begins with aligning the executive vision for sustainability with the business objectives of the research-intensive firm. Implementation of sustainability practices is identified as a function of organizational reconfigurations to facilitate purposeful inflow and outflow of ideas and knowledge between internal firm resources and external stakeholders, anchored by the objectives of the research-intensive firm.