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Innovation and the global eco-industry

In: The Elgar Companion to Innovation and Knowledge Creation

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  • Bernard Sinclair-Desgagné

Abstract

In the new global economy centered on knowledge, innovation and environmental protection, most governments acknowledge nowadays the strategic importance of the environmental goods and services industry (or eco-industry). Yet, the dynamics which underlies innovation and knowledge creation in this booming sector is still poorly understood. This chapter first offers a brief outlook of the eco-industry, its history, scope and recent trends. It next argues that green innovations nowadays result from a Smithian process of broader and broader division of labor. Public policies and managerial approaches that might foster this development are then briefly discussed.

Suggested Citation

  • Bernard Sinclair-Desgagné, 2017. "Innovation and the global eco-industry," Chapters, in: Harald Bathelt & Patrick Cohendet & Sebastian Henn & Laurent Simon (ed.), The Elgar Companion to Innovation and Knowledge Creation, chapter 47, pages 771-786, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:15485_47
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