Resource efficient eco-innovations for a circular economy: Evidence from EU firms

Giulio Cainelli, D’Amato, Alessio and Massimiliano Mazzanti
Authors registered in the RePEc Author Service: Alessio D'Amato ()

Research Policy, 2020, vol. 49, issue 1

Abstract: Innovation adoption and diffusion by firms are key pillars for the EU strategy on resource efficiency and the development of a circular economy. This paper presents new EU evidence regarding the role of environmental policy and green demand drivers to sustain the adoption of resource efficiency-oriented eco-innovations. Using a large cross-section dataset of EU firms and accounting for sample selection and endogeneity, the results strongly support the idea that environmental policy and demand-side factors are both significant in driving the adoption of innovations that promote recycling, reduce waste and decrease the use of materials. The paper provides a relevant piece of new, quantitative-based knowledge, which complements the large case study-based evidence on sound management and policy strategies for the circular economy.

Keywords: Eco-innovations; Circular economy; Firms; Policy; Market demand (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (65)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:respol:v:49:y:2020:i:1:s0048733319301477

DOI: 10.1016/j.respol.2019.103827

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