Academic Journal
Are Eco-Innovations a Key Element for Green Growth?
| Τίτλος: | Are Eco-Innovations a Key Element for Green Growth? |
|---|---|
| Συγγραφείς: | Kasztelan, Armand, Kijek, Tomasz, Kijek, Arkadiusz, Kierepka-Kasztelan, Anna |
| Πηγή: | EUROPEAN RESEARCH STUDIES JOURNAL. :624-643 |
| Στοιχεία εκδότη: | ISMA SYC INT, 2020. |
| Έτος έκδοσης: | 2020 |
| Θεματικοί όροι: | Taxation, 9. Industry and infrastructure, 13. Climate action, Sustainable development, Environmental policy -- Economic aspects, 0502 economics and business, 05 social sciences, 11. Sustainability, 7. Clean energy, Renewable energy sources, Industries -- Environmental aspects, 12. Responsible consumption |
| Περιγραφή: | Purpose: In the recent decade, the so-called green growth (GG) concept has made a significant contribution to many-years’ debate on sustainable development (SD). One of its key pillars is eco-innovation (EI), however little information is available on whether and to what extent eco-innovation can be actually perceived as a significant factor for implementing green growth. For this reason, the aim of this paper is to clarify and synthesise findings at the intersection of these two fields: eco-innovation and the green growth processes. Design/Methodology/Approach: The paper provides a special insight into the relationship between EI and GG incorporating the spatial dimension into analysis. The empirical part is based on the sample of 21 European countries. Findings: The rests of spatial panel models show that there exist positive effects of investing in eco-innovations on green growth. However, these results involve strong nonlinearities and threshold effects. The obtained results shed a new light on the uncovering relevant aspects and complexities of eco-innovations and green growth. Practical Implications: These results suggest that the policy-makers should mainly focus on stimulating the companies to introduce eco-innovations aiming at a reduction of material input and energy per unit output as well as an improvement of eco-management practices. Government incentives for green technology and organizational solutions may include a combination of subsidies and tax incentives. Originality/Value: This study is the first one which includes different measures of eco-innovations and relates them to the green growth process. These measures allow us portray the countries’ eco-innovation efforts from input, process, and output perspectives. |
| Τύπος εγγράφου: | Article |
| ISSN: | 1108-2976 |
| DOI: | 10.35808/ersj/1613 |
| Σύνδεσμος πρόσβασης: | https://www.ersj.eu/journal/1613/download https://ideas.repec.org/a/ers/journl/vxxiiiy2020i2p624-643.html https://www.um.edu.mt/library/oar/handle/123456789/57581 |
| Αριθμός Καταχώρησης: | edsair.doi.dedup.....cda2c085987f324b11c3b39413cd2a74 |
| Βάση Δεδομένων: | OpenAIRE |
| ISSN: | 11082976 |
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| DOI: | 10.35808/ersj/1613 |