Firm voluntary measures for environmental changes, eco-innovations and CSR: Empirical analyses based on data surveys

BAS Christian Le and Nicolas Poussing

No 2013-25, LISER Working Paper Series from Luxembourg Institute of Socio-Economic Research (LISER)

Abstract: Despite the increased strategic importance of environmental innovation on the one hand and corporate social responsibility on the other, there are still few studies that show firm voluntary measures create a primary determinant of environmental changes. First, we clarify the meaning of voluntary measures and CSR. Second, we utilize a survey carried out in Luxemburg on firm CSR practices jointly with the Community Innovation Survey 2008 (CIS 2008). We merge them and show through the estimation of a probit model that CSR is an important factor that explains environmental innovation. Thanks to a question from CIS 2008 we can contribute to the literature by developing a new indicator measuring the scale of the positive impacts on the environment coming from the firm technological innovation capacity. A negative binomial regression enables us to estimate a significant and positive effect of CSR and firm value on this scale.

Keywords: environmental innovation; corporate social responsability; Community Innovation Survey 2008; innovation impacts on the environment (search for similar items in EconPapers)
JEL-codes: D22 H23 L21 O31 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2013-12
New Economics Papers: this item is included in nep-agr, nep-env and nep-knm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Working Paper: Firm voluntary measures for environmental changes, eco-innovations and CSR: Empirical analysis based on data surveys (2014)
Working Paper: Firm voluntary measures for environmental changes, eco-innovations and CSR: Empirical analysis based on data surveys (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:irs:cepswp:2013-25

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