The Impact of Environmentally Friendly Innovations on Value Added

Soltmann, Christian; Stucki, Tobias; Woerter, Martin (2015). The Impact of Environmentally Friendly Innovations on Value Added Environmental and Resource Economics, 62(3), pp. 457-479. Springer Netherlands 10.1007/s10640-014-9824-6

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While recent literature has focused on explaining the determinants of green innovations, it is not well understood how such innovations affect performance. To analyse the relationship between green innovation and performance, new industry-level panel data were exploited: these include 12 OECD countries, the whole manufacturing sector and a period of 30 years. The results show that green inventions are U-shape related to performance. However, the turning point is quite high and hence only relevant for a few industries. This indicates that—given the current level of green promotion—market incentives alone are not sufficient to allow the green invention activities of industries to rise considerably. To verify these results and to get a better understanding of the mechanisms in the green market, we finally made several interviews with multinational firms that have a good understanding of what happens on the global market of green innovation.

Item Type:

Journal Article (Original Article)

Division/Institute:

Business > Institute for Sustainable Business
Business

Name:

Soltmann, Christian;
Stucki, Tobias0000-0002-2400-0107 and
Woerter, Martin

ISSN:

0924-6460

Publisher:

Springer Netherlands

Language:

English

Submitter:

Tobias Stucki

Date Deposited:

29 Jan 2019 13:54

Last Modified:

18 Dec 2020 13:27

Publisher DOI:

10.1007/s10640-014-9824-6

Uncontrolled Keywords:

Environment, Innovation, Patents, Performance, R&D, Technological change,d,environment,innovation,patents,performance,technological change

ARBOR DOI:

10.24451/arbor.86

URI:

https://arbor.bfh.ch/id/eprint/86

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