The Performance Effect of Environmental Innovations

Abstract

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Abstract. 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. Terms of use: Documents in EconStor may

The Impact of Energy Prices on Green Innovation

“…Secondly, because the greatest benefits from green inventions are likely to be public rather than private, the customers' willingness to pay for these innovations is low. In line with this literature a study by Soltmann et al (2013) shows that economic performance is negatively affected by green innovations. This result indicates thatgiven the current level of green promotion -free market incentives alone are not sufficient to allow the green innovation activities of industries to rise considerably.…”

“…Despite a large future market potential, firms are probably not willing by themselves to invest in green technologies, as green innovation is still negatively related to economic performance (see Soltmann et al 2013). Furthermore, free-riding possibilities in green technologies seem to be limited (see Stucki and Woerter 2012).…”

Determinants of Green Innovation: The Impact of Internal and External Knowledge

“…Accordingly, firms would only invest if the revenues outperform the costs of externalities. In fact, firms face not just the question whether it is profitable to innovate in green technologies (see Soltmann et al 2012), but also when they should start to innovate. As the demand for green innovation is limited at the current stage and positive knowledge spillovers from green R&D activities of other firms and institutions can be expected, a firm probably prefers to wait with investments in green innovation.…”

PRODUTIVIDADE E INOVAÇÃO AMBIENTAL: uma análise da indústria de transformação de Minas Gerais

“…Já Ghisetti e Rennings (2014) mostram que para as empresas alemãs existe uma relação positiva entre a eco-inovação que visa a melhoraria de recursos e eficiência energética e o desempenho financeiro (retorno sobre as vendas), enquanto uma relação negativa emerge para eco-inovações que visam a redução das externalidades ambientais (por exemplo, redução do impacto sobre o meio ambiente). Soltmann et al (2013) exploram dados em painel com 7.920 indústrias manufatureira de 12 países da Organização para a Cooperação e Desenvolvimento Econômico (OCDE) em um período de 30 anos . Os autores utilizaram uma função de produção Cobb Douglas e efeitos fixos para regredir o estoque de patente verde sobre o valor adicionado total (proxy de produção).…”