Green technological diversification of European ICT firms: a patent-based analysis

Nicoletta Corrocher and Müge Özman Gossart ()
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Müge Özman Gossart: IMT-BS - MMS - Département Management, Marketing et Stratégie - TEM - Télécom Ecole de Management - IMT - Institut Mines-Télécom [Paris] - IMT-BS - Institut Mines-Télécom Business School - IMT - Institut Mines-Télécom [Paris], LITEM - Laboratoire en Innovation, Technologies, Economie et Management (EA 7363) - UEVE - Université d'Évry-Val-d'Essonne - Université Paris-Saclay - IMT-BS - Institut Mines-Télécom Business School - IMT - Institut Mines-Télécom [Paris]

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Abstract: This paper investigates whether and how diversified firms in the Information and Communication Technology (ICT) sector innovate in green technologies and assess the potential impact of these innovations on firm performance. The analysis relies on a balanced panel dataset of European ICT firms in the period 2009–2013. The results suggest an inverted u-shaped relationship between the extent of technological diversification and the likelihood to develop green technologies. Technological diversification generally increases the likelihood of green innovations, but too high a dispersion of resources across a large variety of different technologies decreases the intensity of green innovations. The results show also that the development of green technologies is positively associated with firm performance: ICT firms involved in green patenting activity perform better than ICT firms with no green patents.

Keywords: Technological diversification; Green patents; Europe; ICT firms; Sustainable Development Goals (search for similar items in EconPapers)
Date: 2020-08
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Citations: View citations in EconPapers (6)

Published in Economics of Innovation and New Technology, 2020, 29 (6), pp.559-581. ⟨10.1080/10438599.2019.1645989⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02376404

DOI: 10.1080/10438599.2019.1645989

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