A TAXONOMY OF GREEN INNOVATORS:EMPIRICAL EVIDENCE FROM SOUTH KOREA

Fulvio Castellacci and Christine Lie

No 20160808, Working Papers on Innovation Studies from Centre for Technology, Innovation and Culture, University of Oslo

Abstract: The paper presents a new taxonomy of green innovators. We make use of firm-level data from the Korea Innovation Survey to investigate different types of eco-innovations, how these relate to each other, and what the main drivers and determinants are. Our empirical methodology is based on a combination of factor, cluster and multinomial logit analysis. The taxonomy points out four groups of green innovators: (1) CO2-reducing; (2) waste-reducing; (3) recycling innovators; (4) pollution-reducing. We also find that R&D policies are more relevant factors enhancing innovations in waste-reducing firms, whereas environmental taxes and regulations are more important drivers of technological change for pollution-reducing companies.

Pages: 27 pages
Date: 2016-08
New Economics Papers: this item is included in nep-ene, nep-ent, nep-env, nep-ino, nep-res, nep-sbm and nep-tid
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Citations: View citations in EconPapers (3)

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