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Obstacles to Green Innovation: Evidence from Chilean Firms

Roberto Alvarez and Miguel A. Gonzalez

Working Papers from University of Chile, Department of Economics

Abstract: In this paper, we explore the relevance of obstacles to green innovation in Chilean firms. We analyze differences in green innovation across firm size and industries and we explore which barriers have a greater impact on green innovators. We find that these innovators, in general, do face higher obstacles to innovation than similar but non-green firms. We conclude that, after controlling for other firm characteristics, the most relevant obstacles for green innovators are those associated with financial and knowledge aspects. This finding is relevant for the implementation of public policies aimed at enhancing green innovation in Chile.

Pages: 28 pages
Date: 2023-10
New Economics Papers: this item is included in nep-bec, nep-ent, nep-env, nep-ino, nep-sbm and nep-tid
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