GREEN INNOVATION STRATEGIES AND INDUSTRY 5.0'S MULTIFUNCTIONAL ROLES FOR TRANSFORMING HEALTHCARE ORGANIZATIONS' PERFORMANCE MANAGEMENT
Main Article Content
Keywords
Green innovation strategies, Managerial performance, increasing attention, Environmental regulations
Abstract
In recent years, the automotive industry has been focusing on green innovation for sustainable development. Researchers have been paying more attention to the relationship between green innovation strategy and Healthcare Organizational performance. To assess the effectiveness of green performance, a set of tools and techniques have been developed to measure the strategic purpose of green performance in the appropriate Healthcare Organizational environment based on their innovation characteristics. This study aims to systematically analyze green innovation strategies and determine the impact of green innovation strategy on green path innovation by updating digital frameworks in the context of Industry 5.0. We employed a Structural Equation Model (SEM) and Prototyped to obtain the outcomes and data. Our results show that a green innovation strategy positively affects the green innovation of Healthcare Organizations. We also found that green innovation strategies in the framework of Industry 5.0 can have a positive impact on Healthcare Organizational performance and environmental issues. The statistical values acquired by analysis for factors and variables under control conditions are related, which helps verify the hypotheses. This study also investigated the strengths of internal and external environmental challenges to the Green Innovation Strategy (GIS). By identifying reputable articles on green innovation, assessing the co-occurrence of terms, and suggesting future research objectives, this research contributes significantly to the published literature. Our findings provide a path for policymakers to formulate environmental and Healthcare Organizational regulations that can effectively manage performance through pressure and incentive regulations.
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Muhammad Osama Malik
Collin College of Business, University of Tulsa, Oklahoma, USA
Saba Iqbal
School of Biochemistry and Biotechnology, University of the Punjab, Lahore
Muhammad Raheel Malik
Department of Geosciences, University of Tulsa, Oklahoma, USA
Muhammad Khurram Shahzad
Assistant Director, Provincial Assembly of the Punjab, Lahore
Syeda Safina Zanib
Institute of Molecular Biology and Biotechnology, University of the Lahore
Nida Matloob
Department of Molecular Genetics, COMSATS University Islamabad
Anam Amir
Department of Life Sciences, University of Management and Technology, Lahore
Mehreen Fatima
Department of Life Sciences, University of Management and Technology, Lahore