Distinctive Features of Environmental Innovators: An Econometric Analysis

Pablo del Río; Cristina Peñasco; Desiderio Romero‐Jordán

doi:10.1002/bse.1822

journal article Dec 04, 2013

Distinctive Features of Environmental Innovators: An Econometric Analysis

Pablo del Río Cristina Peñasco

Desiderio Romero‐Jordán

Business Strategy and the Environment Vol. 24 No. 6 pp. 361-385 · Wiley

View at Publisher Save 10.1002/bse.1822

Abstract

AbstractThis paper analyzes the main determinants influencing environmental innovators (i.e. firms developing or adopting environmental innovations) in Spain with respect to non‐environmental innovators. Similarly to other contributions in the literature, our results show that Spanish environmental innovators respond to regulatory stimulus in the form of demand‐pull and technology‐push instruments. They have a high internal technological capability and combine internal and external information sources, mostly in cooperation with knowledge institutions. Environmental innovators are more concentrated in mature, traditionally highly polluting sectors, but new firms are not more environmentally innovative than incumbents. Most importantly, in contrast to other environmental innovation studies, mostly carried out in a German context, we have not found evidence of a market pull from either the domestic or international markets. Furthermore, cost savings are not found to be a distinctive driver for environmental innovators. These differential results are possibly related to the special features of Spain regarding its national innovation system and the degree of stringency of environmental regulation and environmental consciousness of its consumers. Copyright © 2013 John Wiley & Sons, Ltd and ERP Environment.

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Citations

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References

Details

Published: Dec 04, 2013
Vol/Issue: 24(6)
Pages: 361-385
License: View

Authors

P

Pablo del Río

CSIC‐ Consejo Superior de Investigaciones Científicas Institute of Public Goods and Policies (IPP) Madrid Spain

C

Cristina Peñasco

CSIC‐ Consejo Superior de Investigaciones Científicas Institute of Public Goods and Policies (IPP) Madrid Spain

D

Desiderio Romero‐Jordán

Universidad Rey Juan Carlos Madrid Spain

Cite This Article

Pablo del Río, Cristina Peñasco, Desiderio Romero‐Jordán (2013). Distinctive Features of Environmental Innovators: An Econometric Analysis. Business Strategy and the Environment, 24(6), 361-385. https://doi.org/10.1002/bse.1822

Distinctive Features of Environmental Innovators: An Econometric Analysis

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