Original scientific paper
https://doi.org/10.1080/1331677X.2021.1889393
Four types of eco-innovation for Baltic firms
Antonella Biscione
Annunziata de Felice
Teodoro Gallucci
Giovanni Lagioia
Abstract
Using the Community Innovation Survey data, in this paper we
explore the external and internal drivers influencing the four
types of eco-innovation in the Baltic manufacturing sector. For
this purpose, we estimate a quadrivariate probit model to reveal
potential complementarities across the four types of eco-innovation and identify the differences among sectors and countries.
The empirical findings show that: i) some factors such as future
eco-policies and voluntary actions are significant for most categories eco-innovation; ii) cost saving is the main driver for the ecoprocess; iii) government grants, subsidies or other financial incentives and current regulation are never significant and finally iv)
cooperation is a crucial driving factor for the productive process
Keywords
multivariate probit model; eco-innovation; external drivers; internal drivers; manufacturing sector; Baltic area
Hrčak ID:
301828
URI
Publication date:
31.3.2023.
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