Four types of eco-innovation for Baltic firms

Antonella Biscione, Annunziata de Felice, Teodoro Gallucci and Giovanni Lagioia

Economic Research-Ekonomska Istraživanja, 2022, vol. 35, issue 1, 196-212

Abstract: Using the Community Innovation Survey data, in this paper we explore the external and internal drivers influencing the four types of eco-innovation in the Baltic manufacturing sector. For this purpose, we estimate a quadrivariate probit model to reveal potential complementarities across the four types of eco-innovation and identify the differences among sectors and countries. The empirical findings show that: i) some factors such as future eco-policies and voluntary actions are significant for most categories eco-innovation; ii) cost saving is the main driver for the eco-process; iii) government grants, subsidies or other financial incentives and current regulation are never significant and finally iv) cooperation is a crucial driving factor for the productive process.

Date: 2022
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DOI: 10.1080/1331677X.2021.1889393

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