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Publication Detailed Description
Eco-innovation and firm performance in European highly energy consumers and polluting sectors
2020 17th International Conference on the European Energy Market (EEM)
Year (definitive publication)
2020
Language
English
Country
United States of America
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Abstract
This study investigates the effect of eco-innovation actions on firm performance, considering both turnover and employment growth, in European enterprises, focusing on the highly energy consumer sectors and the most polluting ones. The total sample includes 44647 firms from 13 different European Union countries and is based in the most recently released Community Innovation Survey (CIS). Using cross-section econometric techniques, results showed that eco-innovations might affect positively turnover growth, as well as employment growth. Both human capital and the number of adopted eco-innovation strategies influence positively the firm performance. Eco-innovation behavior is also found to be more important than non-eco-innovation in determining firm performance. Moreover, the positive impacts of eco-innovation in firms could be leveraged by the government financial support in these sectors. The conclusions presented showed that eco-innovations are an opportunity for companies cost reduction, opening doors to new growth possibilities.
Acknowledgements
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Keywords
CIS,Eco-innovation,European highly energy consumer sectors,European polluting sectors,Firm performance
Fields of Science and Technology Classification
- Other Engineering and Technology Sciences - Engineering and Technology
- Electrical Engineering, Electronic Engineering, Information Engineering - Engineering and Technology
- Environmental Engineering - Engineering and Technology
- Economics and Business - Social Sciences
Funding Records
| Funding Reference | Funding Entity |
|---|---|
| UIDB/04058/2020 | Fundação para a Ciência e a Tecnologia |
Associated Records
This publication is associated with the following record:
Contributions to the Sustainable Development Goals of the United Nations
With the objective to increase the research activity directed towards the achievement of the United Nations 2030 Sustainable Development Goals, the possibility of associating scientific publications with the Sustainable Development Goals is now available in Ciência-IUL. These are the Sustainable Development Goals identified by the author(s) for this publication. For more detailed information on the Sustainable Development Goals, click here.
