Sustainable Marketing Innovation and Competitive Advantage in SMEs: A Conceptual Review from the Resource Capability-Based Perspective
DOI:
https://doi.org/10.52423/businessuho.v11i1.120Abstract
Abstract
This research investigates the ways in which marketing practitioners respond to rapid social, economic, and environmental changes driven by economic instability, income inequality, and environmental degradation. By reviewing the marketing literature in the areas of environmental conservation, social development, and economic growth, this study aims to enhance understanding among marketing professionals. This conceptual, literature-based study synthesizes prior research on sustainable marketing and marketing innovation to examine how sustainability-oriented strategies can be aligned with competitive objectives. The study proposes a conceptual framework that positions sustainable marketing innovation as a strategic mechanism for achieving competitive advantage. The findings suggest that integrating sustainability considerations into marketing innovation enables firms to reconfigure their marketing resources and capabilities in response to social, economic, and environmental pressures. This study contributes to the sustainable marketing literature by clarifying the strategic role of sustainable marketing innovation and offering conceptual insights for marketers in designing sustainability-oriented marketing strategies beyond normative commitments.
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