The Importance of the Diverse Drivers and Types of Environmental Innovation for Firm Performance

Typeset version

 

TY  - JOUR
  - Doran, J. and Ryan, G.
  - 2016
  - February
  - Business Strategy and The Environment
  - The Importance of the Diverse Drivers and Types of Environmental Innovation for Firm Performance
  - Published
  - ()
  - environmental innovation (eco-innovation), eco-innovation drivers, firm performance, environmental regulation, environmental policy, Ireland
  - 25
  - 2
  - 102
  - 119
  - Today, firms are faced with a number of environmental challenges such as global warming, pollution control and declining natural resources. While there is increasing pressure to deliver environmentally friendly products and services, little is known about what drives the many different types of environmental innovation, or, how such pursuits’ impact firm performance. Using a sample of 2,148 firms, this paper examines the factors which drive nine different types of eco-innovation in Ireland, and assesses how such innovations impact firm performance. We find that while demand-side, supply-side, and regulatory drivers’ impact on the likelihood of a firm engaging in eco-innovation, the relative magnitude of these impacts vary across the types of eco-innovation considered. Moreover, we find that only two of the nine types of eco-innovation positively impact firm performance. The results point to regulation and customer pressure as viable mechanisms through which firms can be encouraged to eco-innovate.
  - http://onlinelibrary.wiley.com/doi/10.1002/bse.1860/abstract
DA  - 2016/02
ER  - 
@article{V253272747,
   = {Doran, J. and Ryan, G.},
   = {2016},
   = {February},
   = {Business Strategy and The Environment},
   = {The Importance of the Diverse Drivers and Types of Environmental Innovation for Firm Performance},
   = {Published},
   = {()},
   = {environmental innovation (eco-innovation), eco-innovation drivers, firm performance, environmental regulation, environmental policy, Ireland},
   = {25},
   = {2},
  pages = {102--119},
   = {{Today, firms are faced with a number of environmental challenges such as global warming, pollution control and declining natural resources. While there is increasing pressure to deliver environmentally friendly products and services, little is known about what drives the many different types of environmental innovation, or, how such pursuits’ impact firm performance. Using a sample of 2,148 firms, this paper examines the factors which drive nine different types of eco-innovation in Ireland, and assesses how such innovations impact firm performance. We find that while demand-side, supply-side, and regulatory drivers’ impact on the likelihood of a firm engaging in eco-innovation, the relative magnitude of these impacts vary across the types of eco-innovation considered. Moreover, we find that only two of the nine types of eco-innovation positively impact firm performance. The results point to regulation and customer pressure as viable mechanisms through which firms can be encouraged to eco-innovate.}},
   = {http://onlinelibrary.wiley.com/doi/10.1002/bse.1860/abstract},
  source = {IRIS}
}
AUTHORSDoran, J. and Ryan, G.
YEAR2016
MONTHFebruary
JOURNAL_CODEBusiness Strategy and The Environment
TITLEThe Importance of the Diverse Drivers and Types of Environmental Innovation for Firm Performance
STATUSPublished
TIMES_CITED()
SEARCH_KEYWORDenvironmental innovation (eco-innovation), eco-innovation drivers, firm performance, environmental regulation, environmental policy, Ireland
VOLUME25
ISSUE2
START_PAGE102
END_PAGE119
ABSTRACTToday, firms are faced with a number of environmental challenges such as global warming, pollution control and declining natural resources. While there is increasing pressure to deliver environmentally friendly products and services, little is known about what drives the many different types of environmental innovation, or, how such pursuits’ impact firm performance. Using a sample of 2,148 firms, this paper examines the factors which drive nine different types of eco-innovation in Ireland, and assesses how such innovations impact firm performance. We find that while demand-side, supply-side, and regulatory drivers’ impact on the likelihood of a firm engaging in eco-innovation, the relative magnitude of these impacts vary across the types of eco-innovation considered. Moreover, we find that only two of the nine types of eco-innovation positively impact firm performance. The results point to regulation and customer pressure as viable mechanisms through which firms can be encouraged to eco-innovate.
PUBLISHER_LOCATION
ISBN_ISSN
EDITION
URLhttp://onlinelibrary.wiley.com/doi/10.1002/bse.1860/abstract
DOI_LINK
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GRANT_DETAILS