Steering for Sustainable Development Goals: A Typology of Sustainable Innovation

Abstract

Process and product innovation are defined as an organizational ability to discover and translate creative approaches to solve multiple organizational problems. The process and product innovation contribute to the supply of economic, social, and environmental benefits, thus ensuring sustainable environmental growth. It helps companies to achieve greater profits, reduce environmental burden, and use a material that can be more resource-efficient. Process and product innovation have become ubiquitous and part of everyday life. Sustainable process and product innovation are contemplated as an essential means for addressing infrastructure resilience for sustainability challenges. Although the perspective is huge, the governance and capability structure eventually dictate what innovation is likely to be developed.