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Analysing the Role of International Drivers for Eco-innovators

Author

Listed:
  • Cristina Peñasco

    (IPP - Institute for Public Goods and Policies - CSIC - Consejo Superior de Investigaciones Cientificas [España] = Spanish National Research Council [Spain])

  • Pablo del Río

    (IPP - Institute for Public Goods and Policies - CSIC - Consejo Superior de Investigaciones Cientificas [España] = Spanish National Research Council [Spain])

  • Desiderio Romero-Jordán

    (URJC - Universidad Rey Juan Carlos = Rey Juan Carlos University)

Abstract

The aim of this paper is to analyse the impact of several “international” drivers on firms developing or adopting eco-innovation (i.e., eco-innovators), with the help of a bivariate probit model with sample selection and using a database of Spanish innovators. We test how the eco-innovative behaviour of innovative firms is affected by international sources of funding, one international regulation (the European Union Emissions Trading Scheme, EU ETS), customers in foreign markets, cooperation with international institutions and the presence of foreign equity in firms. Our results show that the influence of international factors on the eco-innovativeness of firms is modest. Public subsidies from international sources do not increase the likelihood of being an eco-innovator, although national sources of funding do. The EU ETS and cooperation with international actors positively and significantly affect eco-innovators. Firms with foreign equity are not more likely to eco-innovate and selling abroad does not increase the likelihood of being an eco-innovator.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Cristina Peñasco & Pablo del Río & Desiderio Romero-Jordán, 2017. "Analysing the Role of International Drivers for Eco-innovators," Post-Print hal-03926802, HAL.
    • Handle: RePEc:hal:journl:hal-03926802
    DOI: 10.1016/j.intman.2016.09.001
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    Cited by:

    1. Alberto Melane-Lavado & Agustín Álvarez-Herranz, 2020. "Cooperation Networks as a Driver of Sustainability-Oriented Innovation," Sustainability, MDPI, vol. 12(7), pages 1-26, April.
    2. Michael Grubb & Paul Drummond & Alexandra Poncia & Will Mcdowall & David Popp & Sascha Samadi & Cristina Penasco & Kenneth Gillingham & Sjak Smulders & Matthieu Glachant & Gavin Hassall & Emi Mizuno &, 2021. "Induced innovation in energy technologies and systems: a review of evidence and potential implications for CO 2 mitigation," Post-Print hal-03189044, HAL.
    3. Ullah, Subhan & Agyei-Boapeah, Henry & Kim, Ja Ryong & Nasim, Asma, 2022. "Does national culture matter for environmental innovation? A study of emerging economies," Technological Forecasting and Social Change, Elsevier, vol. 181(C).
    4. De Marchi, Valentina & Cainelli, Giulio & Grandinetti, Roberto, 2022. "Multinational subsidiaries and green innovation," International Business Review, Elsevier, vol. 31(6).
    5. Raffaele Campo & Oronzo Trio, 2022. "Think Green: the Eco-innovative Approach of a Sustainable Small Enterprise," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(4), pages 2792-2803, December.
    6. Ines Diez‐Martinez & Angel Peiro‐Signes & Marival Segarra‐Oña, 2023. "The links between active cooperation and eco‐innovation orientation of firms: A multi‐analysis study," Business Strategy and the Environment, Wiley Blackwell, vol. 32(1), pages 430-443, January.
    7. Arkadiusz Świadek & Jadwiga Gorączkowska & Karolina Godzisz, 2021. "Conditions Driving Low-Carbon Innovation in a Medium-Sized European Country That Is Catching Up–Case Study of Poland," Energies, MDPI, vol. 14(7), pages 1-17, April.
    8. John Enrique Sánchez Otero & Jaider Manuel Vega Jurado & Joaquín Alegre Vidal, 2023. "Factors that Influence the Development of Innovations with a Social Focus in the Firm: A Systematic Literature Review," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 24(3), pages 341-360, September.
    9. Kannen, Peter & Semrau, Finn Ole & Steglich, Frauke, 2021. "Green gifts from abroad? FDI and firms' green management," Kiel Working Papers 2200, Kiel Institute for the World Economy (IfW Kiel).
    10. Vasconcelos-Garcia, Madalena & Carrilho-Nunes, Inês, 2024. "Internationalisation and digitalisation as drivers for eco-innovation in the European Union," Structural Change and Economic Dynamics, Elsevier, vol. 70(C), pages 245-256.
    11. Kanda, Wisdom & Hjelm, Olof, 2021. "Drivers for and barriers to the diffusion of biogas technologies through export," Technological Forecasting and Social Change, Elsevier, vol. 168(C).
    12. Janik, Agnieszka & Ryszko, Adam, 2025. "Open innovation and environmental sustainability–A systematic literature review from the firm-level perspective," Technological Forecasting and Social Change, Elsevier, vol. 218(C).
    13. Konara, Palitha & Lopez, Carmen & Shirodkar, Vikrant, 2021. "Environmental innovation in foreign subsidiaries: The role of home-ecological institutions, subsidiary establishment mode and post-establishment experience," Journal of World Business, Elsevier, vol. 56(6).
    14. Cainelli, Giulio & D’Amato, Alessio & Mazzanti, Massimiliano, 2020. "Resource efficient eco-innovations for a circular economy: Evidence from EU firms," Research Policy, Elsevier, vol. 49(1).
    15. Alberto Peralta & Luis Rubalcaba, 2021. "Collaborative Service Innovation: A Quantitative Analysis of Innovation Networks in a Multisectoral Setting," Mathematics, MDPI, vol. 9(11), pages 1-26, June.
    16. Elliott, Robert J.R. & Kuai, Wenjing & Maddison, David & Ozgen, Ceren, 2024. "Eco-innovation and (green) employment: A task-based approach to measuring the composition of work in firms," Journal of Environmental Economics and Management, Elsevier, vol. 127(C).
    17. Mandaroux, Rahel & Schindelhauer, Kai & Basse Mama, Houdou, 2023. "How to reinforce the effectiveness of the EU emissions trading system in stimulating low-carbon technological change? Taking stock and future directions," Energy Policy, Elsevier, vol. 181(C).
    18. Tchorzewska, Kinga B. & Rio, Pablo del & Garcia-Quevedo, Jose & Martinez-Ros, Ester, 2025. "Carrot first, stick second? Environmental policy-mix sequencing and green technologies," Technological Forecasting and Social Change, Elsevier, vol. 210(C).

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