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Implementing Eco-Innovations. Determinants and Effects

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  • Kowalska, Aleksandra

Abstract

The article aims to analyze the concept of eco-innovations emphasizing the motivations for implementing them, and effects of the eco-innovation process. The author presents the principal definitions of eco-innovations. Various motivations triggering eco-innovations are presented with a focus on regulatory and market factors. Entrepreneurs should be encouraged to adopt eco-innovations because they contribute to sustainable development which is the only way for a world that is challenged by global population growth, climate change, declining non-renewable resource stock, water shortages, and environmental degradation. The effects of eco-innovations can be both positive and negative. The main aim of eco-innovations is to decrease the environmental burdens of entrepreneurial activity. However, a new attitude towards eco-innovations emphasizes the role of economic returns and supplies security. The types of effects of environmentally friendly innovations discussed in the paper include environmental, technological, economic, social, cultural and managerial.

Suggested Citation

  • Kowalska, Aleksandra, 2014. "Implementing Eco-Innovations. Determinants and Effects," Roczniki (Annals), Polish Association of Agricultural Economists and Agribusiness - Stowarzyszenie Ekonomistow Rolnictwa e Agrobiznesu (SERiA), vol. 2014(3).
    • Handle: RePEc:ags:paaero:204917
    DOI: 10.22004/ag.econ.204917
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    File URL: https://ageconsearch.umn.edu/record/204917/files/16-3-Kowalska.pdf
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    References listed on IDEAS

    as
    1. Klaus Rennings & Christian Rammer, 2011. "The Impact of Regulation-Driven Environmental Innovation on Innovation Success and Firm Performance," Industry and Innovation, Taylor & Francis Journals, vol. 18(3), pages 255-283.
    2. Rennings, Klaus, 2000. "Redefining innovation -- eco-innovation research and the contribution from ecological economics," Ecological Economics, Elsevier, vol. 32(2), pages 319-332, February.
    3. Rennings, Klaus & Rexhäuser, Sascha, 2010. "Long-term impacts of environmental policy and eco-innovative activities of firms," ZEW Discussion Papers 10-074, ZEW - Leibniz Centre for European Economic Research.
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    1. Bahman Peyravi & Kęstutis Peleckis & Artūras Jakubavičius, 2023. "Eco-Innovation Performance of Lithuania in the Context of European Environmental Policy: Eco-Innovation Indicators and Efficiency," Sustainability, MDPI, vol. 15(4), pages 1-18, February.
    2. Mihaela PÃCESILÃ & Carmen Nadia CIOCOIU, 2017. "Systematic Literature Review On Eco-Innovation Determinants," Management Research and Practice, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 9(3), pages 30-44, September.
    3. Adam Novotny & Inez Szeberin & Sándor Kovács & Domicián Máté, 2022. "National Culture and the Market Development of Battery Electric Vehicles in 21 Countries," Energies, MDPI, vol. 15(4), pages 1-16, February.
    4. Păcesilă, Mihaela & Ciocoiu, Carmen Nadia, 2017. "Eco-Innovation and its Determinants: A Review of the Emerging Literature," Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference (2017), Dubrovnik, Croatia, in: Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference, Dubrovnik, Croatia, 7-9 September 2017, pages 134-144, IRENET - Society for Advancing Innovation and Research in Economy, Zagreb.

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