TY - JOUR
T1 - Does the Eco-Management and Audit Scheme Foster Innovation in European Firms?
AU - Montobbio, Fabio
AU - Solito, Ilaria
PY - 2018
Y1 - 2018
N2 - This paper studies whether environmental management systems can spur eco-innovation, analyzing EMAS (Eco-Management and Audit Scheme) adoption and patented innovations (at the European Patent Office) at firm level. It uses an original panel database of 30 439 European firms belonging to all sectors from 2003 to 2012. An original instrumental variable is implemented to control for potential endogeneity. The analysis reveals that EMAS adoption is conducive to more innovation at the firm level. The results vary across countries and sectors. In particular, EMAS is positively related to green patents for medium and low technology manufacturing. Copyright © 2017 John Wiley & Sons, Ltd and ERP Environment.
AB - This paper studies whether environmental management systems can spur eco-innovation, analyzing EMAS (Eco-Management and Audit Scheme) adoption and patented innovations (at the European Patent Office) at firm level. It uses an original panel database of 30 439 European firms belonging to all sectors from 2003 to 2012. An original instrumental variable is implemented to control for potential endogeneity. The analysis reveals that EMAS adoption is conducive to more innovation at the firm level. The results vary across countries and sectors. In particular, EMAS is positively related to green patents for medium and low technology manufacturing. Copyright © 2017 John Wiley & Sons, Ltd and ERP Environment.
KW - Business and International Management
KW - Geography, Planning and Development
KW - Management, Monitoring, Policy and Law
KW - Strategy and Management1409 Tourism, Leisure and Hospitality Management
KW - eco-management and audit scheme
KW - environmental management systems
KW - innovation
KW - patents
KW - Business and International Management
KW - Geography, Planning and Development
KW - Management, Monitoring, Policy and Law
KW - Strategy and Management1409 Tourism, Leisure and Hospitality Management
KW - eco-management and audit scheme
KW - environmental management systems
KW - innovation
KW - patents
UR - http://hdl.handle.net/10807/120592
UR - https://onlinelibrary.wiley.com/doi/10.1002/bse.1986
U2 - 10.1002/bse.1986
DO - 10.1002/bse.1986
M3 - Article
SN - 0964-4733
VL - 27
SP - 82
EP - 99
JO - Business Strategy and the Environment
JF - Business Strategy and the Environment
ER -