5. Conclusions
Several studies argue the existence of a direct link between firms' capabilities and financial performance (Karna et al., 2015; Teece, 2007; Zahra et al., 2006). However, no studies focus on the influence of the internal capabilities on other outcome’ measures such as GIP. In comparison to conventional innovation and new product development, the study of green innovation is relatively new in the academe field even though scholars' interest on green innovation has grown in recent years (e.g., Chung & Tsai, 2007; Pujari, Wright, & Peattie, 2003; Rehfeld, Rennings, & Ziegler, 2007). Building on previous literature, this study develops a research model that links DC, RLC, and GIP with the purpose of clarifying the existing relationships between DC and GIP and assessing whether new ordinary capabilities (RLC) mediate this link. This study is in line with other works that focus on the outcomes of firm’ capabilities, contributing to the debate of fostering green and competitive firms (e.g., Chen & Chang, 2013; Chen et al., 2006; Lefebvre, Lefebvre, & Talbot, 2003; Shrivastava, 1995).