ECO-INNOVATIONS DIFFUSION NETWORK IN GREEN MANAGEMENT PRACTICES

Maryna Tatar ()
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Maryna Tatar: Technical University of Kosice, Slovak Republic

Management Research and Practice, 2024, vol. 16, issue 3, 52-70

Abstract: Countries are facing interconnected and cascading crises, including COVID-19, climate change, wars and military conflicts, and disruptions in geopolitics. To address these global challenges, it is necessary to introduce eco-innovations, and implement renewable energy. The purpose of the article is to analyze the countries’ eco-innovative development, determine the impact of factors on alternative energy sources consumption, and consider models for eco-innovation network management. The dynamics of the Global Innovation Index, the European Innovation Scoreboard, and the Eco-Innovation Index were analyzed. The research implements the analysis of 27 EU countries for the period 2013-2020 by indicators that influence the eco-innovations development. The model of the impact of countries’ investment development and economic growth indicators (such as foreign direct investment; GDP per capita), management level and the willingness of the government to invest in eco-innovation (total tax and contribution rate; government effectiveness; control of corruption; rule of law; research and development expenditure), and the level of income inequality (income share held by highest 10%; Gini index) on the consumption of alternative energy sources, energy-efficient technologies, and waste management and recycling implementation was built. The linear and cybernetic models for eco-innovation network management were considered. The pace of eco-innovation is strongly influenced by the effectiveness of state eco-innovation policies, the availability of a comprehensive information base, and the mechanisms of interaction between the science and production sectors. Effective eco-innovation networking implies that between the participants there are different types of relationships, the main of which are economic; legal; administrative; technological; social; and informational.

Keywords: alternative energy sources; eco-innovations; green management; interaction; global challenges. (search for similar items in EconPapers)
Date: 2024
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