The Performance Effect of Environmental Innovations
Christian Soltmann,
Tobias Stucki and
Martin Woerter
No 13-330, KOF Working papers from KOF Swiss Economic Institute, ETH Zurich
Abstract:
While recent literature has focused on explaining the determinants of green innovations, it is not well understood how such innovations affect performance. To analyse the relationship between green innovation and performance, new industry-level panel data were exploited: these include 12 OECD countries, the whole manufacturing sector and a period of 30 years. The results show that green inventions are U-shape related to performance. However, the turning point is quite high and hence only relevant for a few industries. This indicates that - given the current level of green promotion - market incentives alone are not sufficient to allow the green invention activities of industries to rise considerably.
Keywords: Innovation; R&D; Patents; Environment; Technological change; Performance (search for similar items in EconPapers)
Pages: 39 pages
Date: 2013-02
New Economics Papers: this item is included in nep-eff, nep-ene, nep-env, nep-ino, nep-reg, nep-res and nep-tid
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Persistent link: https://EconPapers.repec.org/RePEc:kof:wpskof:13-330
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