Workplace innovation for sustainable development: The effect of globalization

In recent years, globalization and rapid technological advancement have significantly changed the way organizations operate, affecting both economic performance and employee behavior. Despite these changes, many modern management practices still focus mainly on business results and often overlook employee well-being. In addition, existing research does not clearly explain the complex relationship among workplace innovation, sustainable development, and globalization. This study aims to examine how workplace innovation can support sustainable development in a globalized environment, with particular attention to technological advancement and hybrid work practices.

The study uses a quantitative research approach and is based on primary data collected from a random sample of 170 professionals working in the finance and commerce sectors in Dhaka, Bangladesh. Data were collected through a five-point Likert scale questionnaire, resulting in 157 valid responses and a response rate of 88.82%. The data were analyzed using SPSS version 20, applying Principal Component Analysis for data validation and regression analysis to test the proposed hypotheses.

The findings show that globalization has a significant positive effect on workplace innovation, and that workplace innovation plays an important role in promoting sustainable development. However, the direct relationship between globalization and sustainable development was not statistically significant. Overall, the study highlights workplace innovation as a key mechanism for balancing economic performance with social and environmental sustainability. The results suggest that organizational leaders and policymakers should prioritize workplace innovation as a long-term strategy to achieve sustainable development goals.