Abstract
Of paramount importance for policymakers is to properly assess the economic
consequences of sustainable production choices aimed at reducing environmental
negative externalities. Such an assessment is relevant at different levels of aggregation,
starting from the firm level analysis, to understand whether “going green”
brings about certain economic gains or instead it is counterproductive, and moving
to the meso (sectors) or macro (country) levels of analysis, to understand whether
any aggregate effects are at stake and to which direction they point.
Overall, this understanding would call (or not call) for the need of designing
proper industrial or innovation policies that include specific environment-oriented
components. This understanding has to be combined with clear evidence on the
underlying determinants of greener production choices (e.g. Horbach et al. 2012),
which are stated to differ from standard technological innovations as they are subject
to a knowledge and an environmental externality, a so-called double externality
(Jaffe et al. 2005; Rennings 2000; Popp et al. 2010). More importantly, this has to be
combined with evidence on how to properly stimulate environmental innovations
(see for a review Ghisetti and Pontoni 2015), which policy instruments are effective
for this regulatory push-pull (e.g. Ghisetti 2017) and how to remove barriers that are
detrimental to their uptake (Marin et al. 2015).
The current chapter draws on existing literature on the topic which is certainly
crucial and at the bases of the current work (e.g. definitions, determinants, barriers,
policy-stimulus, relation standard innovation and “crowding-out” of eco-innovations) and it focuses mainly (and only) on the expected economic effects of the adoption of
environmental innovations, or eco-innovations
Lingua originale | English |
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Titolo della pubblicazione ospite | New Developments in Eco-Innovation Research |
Pagine | 55-79 |
Numero di pagine | 26 |
DOI | |
Stato di pubblicazione | Pubblicato - 2018 |
Keywords
- eco-innovations