Exploring Green Innovation Practices: Content Analysis of the Fortune Global 500 Companies
Lu Zhang,
Shuang Zhao,
Li Cui and
Lin Wu
SAGE Open, 2020, vol. 10, issue 1, 2158244020914640
Abstract:
Green innovation has been attracting increasing attention due to its contributions to the conservation of resources and environmental protection. However, in the process of exploring green innovation, the allocation of resources and the direction of innovation are often inaccurate, which leads to a low efficiency of green innovation. If we can learn the green innovation practices from successful companies, we can certainly provide reference strategies for those companies that are exploring green innovation. Therefore, taking the Fortune Global 500 companies as the analysis object, this research develops the criteria of green innovation practices and conducts a cluster analysis of these companies by using a content analysis method. Finally, this article summarizes the green innovation practices of the six types of industries and provides corresponding countermeasures and suggestions, which provide a strong reference for relevant companies to carry out green innovation.
Keywords: green innovation; content analysis; cluster analysis; global top 500 companies (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (6)
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Persistent link: https://EconPapers.repec.org/RePEc:sae:sagope:v:10:y:2020:i:1:p:2158244020914640
DOI: 10.1177/2158244020914640
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