EconPapers    
Economics at your fingertips  
 

Productivity effects of eco-innovations using data on eco-patents

Giovanni Marin () and Francesca Lotti ()

Industrial and Corporate Change, 2017, vol. 26, issue 1, 125-148

Abstract: We investigate the productivity effects of eco-innovations at the firm level using a modified version of the CDM model (Crépon et al., 1998). The peculiar nature of environmental innovations, especially as regards the need of government intervention to create market opportunities, is likely to affect the way they are pursued and their effect on productivity. The analysis is based on an unbalanced panel sample of Italian manufacturing firms merged with data on patent applications and balance sheet information. When looking at the returns of innovations in terms of productivity, we observe that eco-innovations exhibit a generally lower return relative to other innovations, at least in the short run. This differential effect is more pronounced for polluting firms, which are likely to face higher compliance costs for environmental regulations than other firms. This result holds for both the extensive (probability of patenting) and the intensive (patent count) margin.

Date: 2017
References: Add references at CitEc
Citations: View citations in EconPapers (14) Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10.1093/icc/dtw014 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Productivity effects of eco-innovations using data on eco-patents (2016) Downloads
Working Paper: Productivity Effects of Eco-innovations Using Data on Eco-patents (2015) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:indcch:v:26:y:2017:i:1:p:125-148.

Ordering information: This journal article can be ordered from
http://www.oup.co.uk/journals

Access Statistics for this article

Industrial and Corporate Change is currently edited by David Teece, Glenn R. Carroll, Nick Von Tunzelmann, Giovanni Dosi and Franco Malerba

More articles in Industrial and Corporate Change from Oxford University Press Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().

 
Page updated 2019-08-20
Handle: RePEc:oup:indcch:v:26:y:2017:i:1:p:125-148.